NOT LISTED FOR SALE

1243 Reno Ave South Lake Tahoe, CA 96150

Estimated Value: $92,329

0.12 Acre
$769,408 Price per Acre
5,227 Sq Ft Lot

Last Sold January 25, 2024

Last sale price $14,500

Est. 537% increase in value since last sale

Current estimated payment $513/month

5 Days on Market

About This Lot

As of January 2024

This lot is deed restricted and cannot be built on. According to TRPA (Tahoe Regional Planning Agency) this lot has a PRUU (Potential Unit of Use) right which is banked and can be sold on the open market and/or transferred to a separate buildable lot. A Residential Unit of Use can be formed by pairing a PRUU (Potential Unit of Use) with a residential allocation. This is a great opportunity for someone looking to develop an ADU on their property.

Last Agent to Sell the Property

Lucas Johnson

Mountain Luxury Properties License #02102223 Listed on: 12/04/2023

Last Buyer's Agent

Lucas Johnson

Mountain Luxury Properties License #02102223 Listed on: 12/04/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $133

Lot Details

  • 5,227

Utilities

  • Utility District
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • 5,227 Sq Ft Lot
  • Peek-A-Boo Views

Listing and Financial Details

  • Assessor Parcel Number 031224009000

Property Details

Property Type

Land

Est. Annual Taxes

$133

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype: Vacant Land
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • T R P A Land Cap Study: Yes
  • OFFICELIST_STATE: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Views: Filtered
  • Road: Paved

Utilities

  • Utilities: NaturalGasAvailable, City Water, City Sewer, Cable TV, High Speed Internet, Telephone
  • Electric Location: <100' From PL
  • Natural Gas: Yes
  • Natural Gas Location: <100' From PL
  • Sewer Service: Utility District
  • Water: Utility District

Lot Info

  • Acres: 0.1200
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 5227.00
  • Price Per Acre: 120833.33

Tax Info

  • Assessor Parcel Number: 031224009000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2023
Closed on
Jan 12, 2024
Sold by
1-844-Exit-As-Is Inc
Bought by
Bidwell Sheldon
Seller's Agent
Lucas Johnson
Mountain Luxury Properties
Buyer's Agent
Lucas Johnson
Mountain Luxury Properties
List Price
$20,000
Sold Price
$14,500
Premium/Discount to List
-$5,500
-27.5%
Views
17
Current Estimated Value
$92,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,829
Avg. Annual Appreciation
214.92%

Purchase Details

Listed on
Dec 4, 2023
Closed on
Jan 10, 2024
Sold by
2601 Fountain Ave Trust
Bought by
1-844-Exit-As-Is Inc
Seller's Agent
Lucas Johnson
Mountain Luxury Properties
Buyer's Agent
Lucas Johnson
Mountain Luxury Properties
List Price
$20,000
Sold Price
$14,500
Premium/Discount to List
-$5,500
-27.5%
Views
17

Purchase Details

Closed on
Jul 13, 2022
Sold by
Bender Jacob R
Bought by
2601 Fountain Ave Trust

Purchase Details

Closed on
Oct 19, 2016
Sold by
Kiger Michael
Bought by
Bender Jacob R

Purchase Details

Closed on
Oct 21, 2010
Sold by
Musser James S and The Martin R Musser 2006 Trust
Bought by
Kiger Michael

Purchase Details

Closed on
Dec 12, 2006
Sold by
Musser Martin R and Martin R Musser Survivors Trus
Bought by
Musser Martin R and Martin R Musser 2006 Trust

Purchase Details

Closed on
Sep 2, 2006
Sold by
Musser Martin R and Martin R & Anna S Musser Trust
Bought by
Musser Martin R and Survivors Trust Trust A

Purchase Details

Closed on
Nov 1, 1995
Sold by
Musser Martin R and Musser Anna S
Bought by
Musser Martin R and Musser Anna S
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Bidwell Sheldon $14,000 Orange Coast Title Company
1-844-Exit-As-Is Inc -- Orange Coast Title Company
2601 Fountain Ave Trust $10,000 Orange Coast Title
Bender Jacob R $2,000 Placer Title Company
Kiger Michael $37,500 Placer Title Company
Musser Martin R -- None Available
Musser Martin R -- None Available
Musser Martin R -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2024 01/25/24 Sold $14,500 -27.5% --
12/09/2023 12/09/23 Pending -- -- --
12/04/2023 12/04/23 For Sale $20,000 -- --
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
2025 $133 $14,280 $14,280 --
2024 $133 $10,200 $10,200 --
2023 $131 $10,000 $10,000 $0
2022 $46 $2,075 $2,075 $0
2021 $45 $2,035 $2,035 $0
2020 $44 $2,015 $2,015 $0
2019 $44 $1,976 $1,976 $0
2018 $43 $1,938 $1,938 $0
2017 $42 $1,900 $1,900 $0
2016 $59 $3,500 $3,500 $0
2015 $21 $2,000 $2,000 $0
2014 $21 $2,000 $2,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Lucas Johnson

    Seller's Agent in 2024

    Lucas Johnson

    Mountain Luxury Properties

    (805) 704-4277

    16 in this area

    21 Total Sales

    Lucas Johnson
    Section Image
See All Agents

Map

Source: South Tahoe Association of REALTORS®

MLS Number: 139655

South Tahoe Association of REALTORS®

APN: 031-224-009-000

California El Dorado County South Lake Tahoe 96150

1243 Reno Ave, South Lake Tahoe, CA

This home is located at 1243 Reno Ave, South Lake Tahoe, CA 96150 since 04 December 2023 and is currently estimated at $92,329. 1243 Reno Ave is a home located in El Dorado County with nearby schools including Tahoe Valley Elementary School, South Tahoe Middle School, and South Tahoe High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Tahoe Association of REALTORS® Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.
© Copyright South Tahoe Association of Realtors.

Based on information from the South Tahoe Association of REALTORS® MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Nearby Homes