NOT LISTED FOR SALE

12 Lassen Dr Tahoe City, CA 96145

Estimated Value: $2,328,000 - $3,009,649

5 Beds
3 Baths
2,960 Sq Ft
$898/Sq Ft Est. Value

Last Sold August 22, 2014

Last sale price $1,587,500 $536 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $15,684/month

31 Days on Market

Highlights

  • Community Beach Access
  • A-Frame Home
  • Living Room with Fireplace
  • North Tahoe School Rated A
  • Deck
  • Wood Flooring

About This Home

As of August 2014

Looking for a beautifully remodeled home with a great lake view within short walking distance to Dollar Points private beach and tennis courts? This is it. From the moment you enter the home, you’ll experience the grandeur of a magnificent great room complete with warm Hickory hardwood floors, vaulted beam ceilings, a gorgeous stone fireplace and wonderful lake views. Brand new kitchen features alder cabinets, Viking appliances and exquisite granite counter tops. Fully updated bathrooms, Family Rm & Loft

Last Agent to Sell the Property

Bill Leeder

Chase International - TC License #00789091 Listed on: 06/22/2014

Chase International - TC

Last Buyer's Agent

Matt Hanson

Tahoe Truckee Homes Inc License #01213523

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,624

Lot Details

  • 0.28

Parking

  • 1 Car Attached Garage

Home Design

  • A-Frame Home
  • Updated or Remodeled
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,960 Sq Ft Home
  • 3-Story Property
  • Furniture Can Be Negotiated
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Loft

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Heating System Uses Natural Gas
  • Utility District

Additional Features

  • Deck
  • Lot Sloped Down

Community Details

Overview

  • Property has a Home Owners Association
  • Optional Additional Fees
  • $2,535 HOA Transfer Fee
  • Tahoe City Community

Recreation

  • Community Beach Access
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,624

Lot Details

0

Listing Details

  • Age: 30+ Years
  • Estimated Lot Size: .26 - .5
  • Community: Tahoe City
  • Directions: Dollar Drive, right on Observation, right on Lassen Dr.
  • Optional Financing: Cash To New Loan
  • Service Type: Full Service
  • Setting: Street
  • Sub-Area: 3NR
  • Sub-Status: Standard
  • Topography: Downslope, Gentle
  • Cross Street: Edgewater
  • Other: High Ceilings, Landscaping, Phone, Cable TV, High Speed Internet
  • Sewer: Utility District
  • Estimated Sq Ft: ASSESSOR
  • Architecture: Modified A-Frame
  • Property Condition: Extensive Remodel
  • Sign YN: Y
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Handicap Friendly: Few Steps
  • Heating: Natural Gas, CFAH
  • Estimated Sq Ft: 2960
  • Stories: Three
  • Water Company: TCPUD
  • Gas: Natural
  • Water: Utility District
  • Appliances: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer
  • Bonus Rooms: Loft, Family Room, Great Room
  • Fireplace: Living Room
  • Furnished: Negotiable
  • Bathrooms: 3
  • Bedrooms: 5
  • Floor Coverings: Carpet, Tile, Wood

Exterior Features

  • View: Lake
  • Construction Exterior: Framed
  • Foundation: Perim Concrete
  • Roof: Composition
  • Decks: 1
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: One
  • Garage/Parking: Attached

Utilities

  • Laundry: Room

Condo/Co-op/Association

  • HOA Amenities: Beach Access, Pool, Tennis Courts
  • HOA Dues Optional: Y
  • HOA Fee Frequency: $880
  • HOA Transfer Fee: 2535
  • HOA Membership: Y

Lot Info

  • Lot Number: 297

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2014
Closed on
Aug 20, 2014
Sold by
Pw Marketing Inc
Bought by
The Alan S & Christine Ramadan Family Tr
Seller's Agent
Bill Leeder
Chase International - TC
Buyer's Agent
Matt Hanson
Tahoe Truckee Homes Inc
List Price
$1,675,000
Sold Price
$1,587,500
Premium/Discount to List
-$87,500
-5.22%
Current Estimated Value
$2,652,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,064,816
Avg. Annual Appreciation
4.71%

Purchase Details

Closed on
Jul 1, 2009
Sold by
Wentzel Jochen
Bought by
Pw Marketing Inc

Purchase Details

Closed on
Jul 19, 1999
Sold by
Jenkins Mary B
Bought by
Wentzel Jochen and Wentzel Laurie W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
The Alan S & Christine Ramadan Family Tr $1,587,500 Fidelity National Title Co
Pw Marketing Inc -- None Available
Wentzel Jochen -- None Available
Wentzel Jochen $525,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wentzel Jochen $420,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2014 08/22/14 Sold $1,587,500 -5.2% $536 / Sq Ft
07/23/2014 07/23/14 Pending -- -- --
06/22/2014 06/22/14 For Sale $1,675,000 -- $566 / Sq Ft
Source: Tahoe Sierra Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $21,624 $1,993,888 $769,182 $1,224,706
2023 $21,624 $1,916,464 $739,314 $1,177,150
2022 $21,127 $1,878,887 $724,818 $1,154,069
2021 $19,475 $1,762,635 $710,606 $1,052,029
2020 $19,504 $1,744,562 $703,320 $1,041,242
2019 $19,710 $1,710,356 $689,530 $1,020,826
2018 $18,894 $1,676,820 $676,010 $1,000,810
2017 $18,646 $1,643,942 $662,755 $981,187
2016 $18,347 $1,611,709 $649,760 $961,949
2015 $18,122 $1,587,500 $640,000 $947,500
2014 $8,476 $735,972 $376,134 $359,838
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20141753

Tahoe Sierra Board of REALTORS®

APN: 093-072-017