NOT LISTED FOR SALE

1246 Margaret Ave South Lake Tahoe, CA 96150

Estimated Value: $567,000 - $667,000

4 Beds
2.5 Baths
1,856 Sq Ft
$344/Sq Ft Est. Value

Last Sold January 04, 2012

Last sale price $220,000 $119 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $3,717/month

140 Days on Market

Highlights

  • Deck
  • Double Pane Windows
  • Tile Countertops
  • Front Porch
  • Walk-In Closet
  • Laundry Room

About This Home

As of January 2012

HUGE PRICE REDUCTION on this spacious and contemporary 2006 construction near the Y. For primary owner-occupied buyers seller will provide 2-year home warranty with CCHS. Restrictions apply. As is. Termite clearance on file dated 6/20/11.

Last Agent to Sell the Property

Doug Rosner

Chase International - South La License #00710564 Listed on: 06/13/2011

Last Buyer's Agent

Doug Rosner

Chase International - South La License #00710564 Listed on: 06/13/2011

Property Details

Home Type

  • Mobile/Manufactured

Est. Annual Taxes

  • $3,653

Year Built

  • Built in 2006

Lot Details

  • 5,000 Sq Ft Lot
  • Fenced

Home Design

  • Pitched Roof
  • Composition Roof

Interior Spaces

  • 1,856 Sq Ft Home
  • 2-Story Property
  • Free Standing Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher
  • Tile Countertops
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Tile Bathroom Countertop
  • Shower Only

Outdoor Features

  • Deck
  • Front Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • Armstrong 7 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 032281361000

Property Details

Home Type

Mobile/Manufactured

Est. Annual Taxes

$3,653

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Style: Contemporary
  • Countertops: Tile, Laminate
  • Master Bdrm Features: Master Bath, Stall Shower, Tile Counters, Walk-In Closet
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Stories: 2
  • Year Built: 2006
  • OFFICELIST_STATE: CA
  • FILLSUBDIVISION: Armstrong 7
  • Special Features: None
  • Property Sub Type: MobileManufactured

Interior Features

  • Floor Covering: Carpet, Tile
  • Windows: Double Pane, Vinyl Frame
  • Master Bedroom: Yes
  • Bedrooms: 4
  • Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Kitchen: Garbage Disposal, Microwave Built-in, Dishwasher Built-in, Electric Range
  • Fireplace Description: Freestanding -Gas
  • Laundry Location: Laundry Room
  • Price Per Square Foot: 118.53
  • Square Footage: 1856.00

Exterior Features

  • Construction: Mobile/Modular Const
  • Fenced: Yes
  • Foundation: Concrete/Crawl Space
  • Patio Deck: Deck, Front Porch
  • Roof: Pitched, Composition

Utilities

  • Heating/Cooling: Forced Air, Natural Gas
  • Utilities: ElectricityAvailable, NaturalGasAvailable, City Water, City Sewer, Cable TV, Telephone, High Speed Internet
  • Water Heater: Natural Gas

Lot Info

  • Acres: 0.1148
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 5000.00
  • Price Per Acre: 1916376.31

Tax Info

  • Annual Taxes: 3653.02
  • Assessor Parcel Number: 032281361000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2011
Closed on
Dec 27, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Monaghan Michelle
Seller's Agent
Doug Rosner
Chase International - South La
Buyer's Agent
Doug Rosner
Chase International - South La
List Price
$284,000
Sold Price
$220,000
Premium/Discount to List
-$64,000
-22.54%
Current Estimated Value
$638,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$418,072
Avg. Annual Appreciation
8.11%
Original Mortgage
$198,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2011
Sold by
Sterling Gregory
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Nov 14, 2007
Sold by
Fairfield Development
Bought by
Sterling Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 22, 2005
Sold by
Ferretti Anthony J and Ferretti Delfina
Bought by
Fairfield Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
5.46%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 17, 1998
Sold by
Ferretti Anthony J and Ferretti D
Bought by
Ferretti Anthony J and Ferretti Delfina
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
Monaghan Michelle $220,000 Lsi Title Company
Federal Home Loan Mortgage Corporation $234,858 Accommodation
Sterling Gregory $495,000 Fidelity Natl Title Co Of Ca
Fairfield Development Llc $115,000 Fidelity National Title Co
Ferretti Anthony J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monaghan Michelle $71,750
Closed Monaghan Michelle $45,000
Open Monaghan Michelle $196,000
Closed Monaghan Michelle $198,000
Previous Owner Sterling Gregory $396,000
Previous Owner Fairfield Development Llc $375,000
Previous Owner Fairfield Development Llc $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2012 01/04/12 Sold $220,000 -22.5% $119 / Sq Ft
10/31/2011 10/31/11 Pending -- -- --
06/13/2011 06/13/11 For Sale $284,000 -- $153 / 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
2025 $2,966 $276,320 $43,956 $232,364
2024 $2,966 $270,903 $43,095 $227,808
2023 $2,915 $265,592 $42,250 $223,342
2022 $2,886 $260,385 $41,422 $218,963
2021 $2,842 $255,280 $40,610 $214,670
2020 $2,801 $252,663 $40,194 $212,469
2019 $2,788 $247,709 $39,406 $208,303
2018 $2,727 $242,853 $38,634 $204,219
2017 $2,684 $238,092 $37,877 $200,215
2016 $2,630 $233,425 $37,135 $196,290
2015 $2,602 $229,921 $36,578 $193,343
2014 $2,498 $225,418 $35,862 $189,556
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Tahoe Association of REALTORS®

MLS Number: 117810

South Tahoe Association of REALTORS®

APN: 032-281-036-000