NOT LISTED FOR SALE

1217 Timber Ln South Lake Tahoe, CA 96150

Estimated Value: $663,277 - $767,000

2 Beds
2 Baths
1,479 Sq Ft
$487/Sq Ft Est. Value

Last Sold November 29, 2014

Last sale price $360,000 $243 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $4,261/month

43 Days on Market

Highlights

  • Mountain View
  • Property is near a forest
  • Loft
  • Clubhouse
  • Wooded Lot
  • High Ceiling

About This Home

As of November 2014

Affordable TAHOE TYROL CHALET located near Heavenly Valley Ski Resort. Family room includes loft area and high ceilings. HOA provided pool and clubhouse. Property is being sold in "As-Is" condition. Fannie Mae properties are not included on the HomePath nor qualify for HomePath Financing. Per Fannie Mae guidelines, all submitted offers will not be addressed until the property has been listed three (3) days.

Last Agent to Sell the Property

Kenneth Garber

Sierra Sotheby's International License #S0046871 Listed on: 09/15/2014

Last Buyer's Agent

Janin Inman

Coldwell Banker Select ZC License #S.58692

Coldwell Banker Select ZC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,758

Year Built

  • Built in 1997

Lot Details

  • 1,742 Sq Ft Lot
  • Landscaped
  • Lot Sloped Up
  • Wooded Lot
  • Property is zoned Rsidential

HOA Fees

  • $70 Monthly HOA Fees

Home Design

  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,479 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Double Pane Windows
  • Vinyl Clad Windows
  • Blinds
  • Living Room with Fireplace
  • Family or Dining Combination
  • Loft
  • Carpet
  • Mountain Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Hall
  • Dryer
  • Washer

Parking

  • Parking Available
  • Common or Shared Parking

Location

  • Property is near a forest

Schools

  • S Tahoe High School

Utilities

  • Cooling Available
  • Baseboard Heating
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 0283114710

Community Details

Overview

  • $280 HOA Transfer Fee
  • Frye Real Estate Services Association, Phone Number (916) 722-8110
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,758

Year Built

Built in 1997

Lot Details

0

HOA Fees

$70 per month

Listing Details

  • Year Built: 1997
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Lot Features: Landscaped, Sloped Up, Wooded
  • Lot Size Acres: 0.04
  • Road Frontage Type: Other
  • Has View?: Yes
  • Security Features: Smoke Detector(s)
  • Association Amenities: Parking, Pool, Clubhouse/Recreation Room
  • Association Fees: 70.0
  • Association Fee Frequency: Monthly
  • Has H O A?: Yes
  • Co List Office Mls Id: 629537133-o
  • Co List Office Phone: 775-832-4900
  • Special Conditions: Real Estate Owned
  • Directions: Pine Hil
  • Has Cooling?: Yes
  • Has Fireplace?: Yes
  • Living Area: 1479.0
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Out of Area
  • Tax Legal Middle Or Junior School2: Out Of Area
  • Tax Legal High School: S Tahoe
  • Tax Legal Tax Annual Amount: 2757.96
  • Tax Legal Zoning4: Rsidential
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 70.0
  • Building Stories5: 2
  • Building Property Attached Y N: No
  • Building Home Warranty Y N: No
  • Lot Lot Size Acres2: 0.04
  • Lot Lot Size Square Feet2: 1742.4
  • Lot Horse Y N2: No
  • Association Details Transfer Fee: 280.0
  • Lot View Y N2: Yes
  • Lot Features Landscaped: Yes
  • Cooling Electric: Yes
  • Foundation Details Crawl Space: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Typeof Construction Site Stick- Built: Yes
  • Water Heater Electric5: Yes
  • Water Rights Water Rights Y N: No
  • Appliances Dishwasher: Yes
  • Appliances Disposal: Yes
  • Appliances Dryer: Yes
  • Appliances Washer: Yes
  • Security Features Smoke Detector(s): Yes
  • View Mountain(s): Yes
  • Appliances Microwave: Yes
  • Association Amenities Clubhouse Recreation Room: Yes
  • Lot Features Sloped Up: Yes
  • Appliances Trash Compactor: Yes
  • Other Rooms Loft3: Yes
  • Lot Features Adjoins Forest: Yes
  • Lot Features Wooded: Yes
  • Association Community Association Fee Frequency3: Monthly
  • Association Details Management Company Name5: Frye Real Estate Services
  • Association Details Management Company Phone5: 916-722-8110
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Trash Compactor, Washer
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Interior Amenities: High Ceilings
  • Window Features: Blinds, Double Pane Windows, Vinyl Frames
  • Interior Living Area4: 1479.0
  • Interior Fireplace Y N: Yes
  • Flooring Carpet: Yes
  • Interior Features High Ceilings: Yes
  • Fireplace Features Living Room: Yes
  • Window Features Double Pane Windows: Yes
  • Window Features Vinyl Frames: Yes
  • Window Features Blinds: Yes
  • Laundry Features In Hall: Yes
  • Living Room Features Family Room Combination: Yes
  • Interior Fireplaces Total2: 1.0
  • Laundry Features Laundry Area: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Kitchen Features Built- In Microwave: Yes
  • Dining Room Features Family Room Combination2: Yes
  • Kitchen Features Trash Compactor2: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Pitched, Shingle
  • Stories: 2
  • View: Mountain(s)
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space
  • Construction Materials Wood Siding: Yes
  • Association Amenities Pool: Yes
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Has Carport?: No
  • Has Attached Garage?: No
  • Parking Features: None
  • Parking Information Garage Y N: No
  • Parking Information Carport Y N: No
  • Association Amenities Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: In Hall, Laundry Area
  • Cooling: Electric
  • Heating: Baseboard, Electric, Fireplace(s)
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Cooling Y N3: Yes
  • Utilities Heating Y N3: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Water Source Public: Yes
  • Heating Baseboard: Yes
  • Heating Electric4: Yes
  • Heating Fireplace(s): Yes

Schools

  • Middle Or Junior School: Out Of Area

Lot Info

  • Parcel Number: 0283114710
  • Fencing: None
  • Lot Size Sq Ft: 1742.4
  • Zoning: Rsidential

Tax Info

  • Tax Annual Amount: 2757.96

MLS Schools

  • Elementary School: Out of Area
  • HighSchool: S Tahoe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2014
Closed on
Nov 10, 2014
Sold by
Fannie Mae
Bought by
Owens Mark W and Owens Melanie C
Seller's Agent
Kenneth Garber
Sierra Sotheby's International
Buyer's Agent
Janin Inman
Coldwell Banker Select ZC
List Price
$355,000
Sold Price
$360,000
Premium/Discount to List
$5,000
1.41%
Current Estimated Value
$720,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,569
Avg. Annual Appreciation
6.57%
Original Mortgage
$252,000
Outstanding Balance
$193,750
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$526,819

Purchase Details

Listed on
Sep 15, 2014
Closed on
Oct 1, 2014
Sold by
Nationstar Mortgage Llc
Bought by
Federal National Mortgage Association
Seller's Agent
Kenneth Garber
Sierra Sotheby's International
Buyer's Agent
Janin Inman
Coldwell Banker Select ZC
List Price
$355,000
Sold Price
$360,000
Premium/Discount to List
$5,000
1.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Outstanding Balance
$193,750
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$526,819

Purchase Details

Closed on
Aug 7, 2014
Sold by
Hanson Oscar H and Hanson Annette M
Bought by
Nationstar Mortgage Llc and Champion Mortgage Company
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
Owens Mark W $360,000 Wfg Title Company
Federal National Mortgage Association -- None Available
Nationstar Mortgage Llc $477,000 Stewart Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Owens Mark W $252,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2014 11/29/14 Sold $360,000 +1.4% $243 / Sq Ft
10/28/2014 10/28/14 Pending -- -- --
09/15/2014 09/15/14 For Sale $355,000 -- $240 / Sq Ft
Source: Northern Nevada Regional MLS

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 $4,588 $432,654 $84,124 $348,530
2024 $4,588 $424,172 $82,475 $341,697
2023 $4,502 $415,856 $80,858 $334,998
2022 $4,464 $407,703 $79,273 $328,430
2021 $4,395 $399,710 $77,719 $321,991
2020 $4,331 $395,613 $76,923 $318,690
2019 $4,310 $387,857 $75,415 $312,442
2018 $4,215 $380,253 $73,937 $306,316
2017 $4,148 $372,798 $72,488 $300,310
2016 $4,064 $365,489 $71,067 $294,422
2015 $2,765 $360,000 $70,000 $290,000
2014 $2,765 $257,495 $51,490 $206,005
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 140012832

Northern Nevada Regional MLS

APN: 028-311-047-000