Seller's Agent in 2023
Mark Salmon
Compass
(530) 645-2777
218 in this area
259 Total Sales
1251 Margaret Ave South Lake Tahoe, CA 96150
Estimated Value: $687,000 - $878,970
3
Beds
2.5
Baths
1,766
Sq Ft
$448/Sq Ft
Est. Value
Highlights
- Built-In Refrigerator
- Forest View
- Granite Countertops
- Deck
- Vaulted Ceiling
- Covered Patio or Porch
About This Home
As of November 2023The latest creation from highly respected local builder, McGill Construction, is receiving the final touches towards completion. Starting at the curb, enjoy a pleasant fusion of rustic and contemporary flavor, with contrasting tones of cedar siding, a modern garage door and paving stone drive. This flat, user-friendly yard is fully fenced and partially landscaped, leaving little work to customize. Vaulted ceilings highlight open-concept, upstairs living that is warmed by a linear gas fireplace with ledgestone surround. The kitchen is warmed by rift sawn white oak cabinetry with a grey wash finish that meld perfectly with the veining in the leathered quartz countertops. Bright white shaker style interior doors and millworks complement luxury vinyl plank flooring throughout the interior. Bathrooms stay on point with a modern blend of tile choices and tasteful plumbing and electrical appointments. Triple pane windows, LED lighting, and upgraded insulation headline the many energy efficiencies in this property. Enjoy the most reasonably priced new home on the South Shore of Lake Tahoe.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,252
Year Built
- Built in 2023
Lot Details
- 5,227 Sq Ft Lot
- Natural State Vegetation
- Drip System Landscaping
- Landscaped with Trees
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Wood Frame Construction
- Pitched Roof
- Composition Roof
- Asphalt Roof
- Wood Siding
Interior Spaces
- 1,766 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Self Contained Fireplace Unit Or Insert
- Double Pane Windows
- Low Emissivity Windows
- Vinyl Clad Windows
- Entrance Foyer
- Family Room
- Living Room
- Forest Views
- Laundry Room
Kitchen
- Gas Range
- Built-In Microwave
- Built-In Refrigerator
- Dishwasher
- Granite Countertops
- Quartz Countertops
- Disposal
Flooring
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Dual Sinks
- Shower Only
Outdoor Features
- Deck
- Covered Patio or Porch
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
- Water Heated On Demand
- High Speed Internet
- Phone Available
- Cable TV Available
Community Details
- Armstrong 7 Subdivision
Listing and Financial Details
- Assessor Parcel Number 032282017000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 2, 2023
Closed on
Nov 30, 2023
Sold by
Mcgill Construction Inc
Bought by
Spalding Mark and Real Wendy May
Seller's Agent
Mark Salmon
Compass
Buyer's Agent
Jessica Crase
Compass
List Price
$897,000
Sold Price
$875,000
Premium/Discount to List
-$22,000
-2.45%
Views
30
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$83,257
Avg. Annual Appreciation
-5.65%
Original Mortgage
$612,500
Interest Rate
7.63%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 10, 2020
Sold by
Willey Gwendolyn
Bought by
Mcgill Construction Inc
Purchase Details
Closed on
Dec 31, 2012
Sold by
Willey Penelope Anne
Bought by
Willey Penelope Anne and Penelope Anne Willey Living Tr
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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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Spalding Mark | $875,000 | Old Republic Title | |
| Mcgill Construction Inc | $330,000 | Old Republic Title Company | |
| Willey Penelope Anne | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Spalding Mark | $615,000 | |
| Closed | Spalding Mark | $615,000 | |
| Closed | Spalding Mark | $612,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/30/2023 11/30/23 | Sold | $875,000 | -2.5% | $495 / Sq Ft |
| 10/14/2023 10/14/23 | Pending | -- | -- | -- |
| 10/02/2023 10/02/23 | For Sale | $897,000 | -- | $508 / Sq Ft |
Source: South Tahoe Association of REALTORS®
Tax History Compared to Growth
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 | $9,252 | $892,500 | $267,750 | $624,750 |
| 2024 | $9,252 | $875,000 | $262,500 | $612,500 |
| 2023 | $3,120 | $287,828 | $72,828 | $215,000 |
| 2022 | $806 | $71,400 | $71,400 | $0 |
| 2021 | $794 | $70,000 | $70,000 | $0 |
| 2020 | $126 | $7,974 | $7,974 | $0 |
| 2019 | $125 | $7,818 | $7,818 | $0 |
| 2018 | $123 | $7,665 | $7,665 | $0 |
| 2017 | $121 | $7,515 | $7,515 | $0 |
| 2016 | $119 | $7,368 | $7,368 | $0 |
| 2015 | $112 | $7,258 | $7,258 | $0 |
| 2014 | $112 | $7,117 | $7,117 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Jessica Crase
Compass
(530) 206-6755
51 in this area
63 Total Sales
Map
Source: South Tahoe Association of REALTORS®
MLS Number: 139462
APN: 032-282-017-000
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.
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.
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