NOT LISTED FOR SALE

1226 Margaret Ave South Lake Tahoe, CA 96150

Estimated Value: $397,000 - $505,058

3 Beds
1 Bath
1,160 Sq Ft
$405/Sq Ft Est. Value

Last Sold March 07, 2022

Last sale price $465,000 $401 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,007/month

187 Days on Market

Highlights

  • Built-In Refrigerator
  • Double Pane Windows
  • Laundry Room
  • Furnished
  • Patio
  • Shed

About This Home

As of March 2022

Ol' Tahoe charmer of a cabin. Move in ready, you will find this 2+ dbl lofted bdrm fully furnished home with sleeping arrangements for the whole family and then some. Peaceful comfort surrounds you as you step onto the front porch which has been the host to many a warm evening book reading or gab sessions as your family and friends wander about the fenced front and back yard all set up for your outdoor entertaining. Step inside and be greeted with the warmest of rock hearth & gas fireplaces & into the charm of this mid-century roomy cabin designed with knotty pine, wainscoted paneling and t&g ceilings. Main floor hosts two bdrms, all new marble step in shower to delight, step saver kitchen and eat in counter. As well as the laundry & utility room in the enclosed back porch. Upstairs leads to the dbl lofted area which has room for your whole tribe. Great location central to dining, shopping, grocery and all essential services but best of all jump on the bike or head out to the trails!

Last Agent to Sell the Property

Deb Howard

Berkshire Hathaway HS - SLT License #00799233 Listed on: 07/22/2021

Berkshire Hathaway HS - SLT

Last Buyer's Agent

Jackie Arthur

Compass License #01929323

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,218

Year Built

  • Built in 1950

Lot Details

  • 5,227 Sq Ft Lot
  • Fenced
  • Natural State Vegetation

Home Design

  • Wood Frame Construction
  • Pitched Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,160 Sq Ft Home
  • Furnished
  • Self Contained Fireplace Unit Or Insert
  • Double Pane Windows
  • Carpet
  • Crawl Space
  • Laundry Room

Kitchen

  • Oven
  • Electric Range
  • Built-In Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Laminate Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Shed

Utilities

  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Natural Gas Water Heater
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 03228141

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,218

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Additional Features: Furnished Per Invtry, Walk In Closet
  • Countertops: Natural Stone, Laminate
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Floor Covering: Carpet
  • Windows: Single Pane, Double Pane
  • Bedrooms: 3
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen: Refrigerator Blt-in, Microwave Built-in, Dishwasher Built-in, Electric Range, Single Oven
  • Additional Rooms: Loft
  • Fireplace Description: Insert - Gas
  • Laundry Location: Laundry Room
  • Price Per Square Foot: 400.86
  • Square Footage: 1160.00

Exterior Features

  • Construction: Wood Frame, Wood Siding
  • Exterior: Storage Shed, Bear-Proof Trash Can
  • Fenced: Yes
  • Foundation: Concrete/Crawl Space
  • Landscaped: Natural
  • Patio Deck: Patio
  • Roof: Pitched, Composition

Utilities

  • Heating/Cooling: Natural Gas, Electric, Wall or Space Heater, Fireplace
  • Utilities: ElectricityAvailable, NaturalGasAvailable, City Sewer, Telephone
  • Water Heater: Natural Gas

Lot Info

  • Acres: 0.1200
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 5227.00
  • Price Per Acre: 3875000.00
  • Zoning: Single Family

Tax Info

  • Assessor Parcel Number: 03228141

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2021
Closed on
Feb 16, 2022
Sold by
Larry And Donna Reid Living Trust
Bought by
Wirth Douglas H and Wirth Alanna M
Seller's Agent
Deb Howard
Berkshire Hathaway HS - SLT
Buyer's Agent
Jackie Arthur
Compass
List Price
$469,400
Sold Price
$465,000
Premium/Discount to List
-$4,400
-0.94%
Current Estimated Value
$469,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,765
Avg. Annual Appreciation
-0.36%
Original Mortgage
$265,000
Outstanding Balance
$248,767
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$210,450

Purchase Details

Closed on
Apr 6, 2015
Sold by
Reid Larry James and Reid Donna Patricia
Bought by
Larry & Donna Reid Living Trust

Purchase Details

Closed on
Dec 13, 2011
Sold by
Reid Douglas T and Reid Robin
Bought by
Reid Larry J and Reid Donna P

Purchase Details

Closed on
Sep 26, 2004
Sold by
Reid Douglas T
Bought by
Reid Larry J and Reid Donna P

Purchase Details

Closed on
Apr 3, 2002
Sold by
Reid Larry J and Reid Donna P
Bought by
Reid Larry J and Reid Donna P
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
Wirth Douglas H $465,000 New Title Company Name
Larry & Donna Reid Living Trust -- None Available
Reid Larry J -- None Available
Reid Larry J -- --
Reid Larry J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wirth Douglas H $265,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2022 03/07/22 Sold $465,000 0.0% $401 / Sq Ft
03/07/2022 03/07/22 Off Market $465,000 -- --
01/25/2022 01/25/22 Pending -- -- --
12/10/2021 12/10/21 Price Changed $459,400 -2.1% $396 / Sq Ft
11/24/2021 11/24/21 For Sale $469,400 0.0% $405 / Sq Ft
11/12/2021 11/12/21 Pending -- -- --
10/26/2021 10/26/21 Price Changed $469,400 -2.1% $405 / Sq Ft
09/23/2021 09/23/21 Price Changed $479,400 -0.1% $413 / Sq Ft
08/19/2021 08/19/21 Price Changed $479,900 -3.2% $414 / Sq Ft
07/22/2021 07/22/21 For Sale $495,900 -- $428 / Sq Ft
Source: South Tahoe Association 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
2024 $5,218 $483,786 $119,646 $364,140
2023 $5,128 $474,300 $117,300 $357,000
2022 $1,279 $110,230 $40,819 $69,411
2021 $1,260 $108,069 $40,019 $68,050
2020 $1,242 $106,962 $39,609 $67,353
2019 $1,236 $104,866 $38,833 $66,033
2018 $1,210 $102,811 $38,072 $64,739
2017 $1,191 $100,796 $37,326 $63,470
2016 $1,212 $102,821 $36,595 $66,226
2015 $1,204 $101,740 $36,047 $65,693
2014 $1,154 $99,436 $35,342 $64,094
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Tahoe Association of REALTORS®

MLS Number: 134696

South Tahoe Association of REALTORS®

APN: 032-281-041-000