NOT LISTED FOR SALE

1261 Heather Lake Rd South Lake Tahoe, CA 96150

Estimated Value: $460,000 - $521,000

3 Beds
2 Baths
1,232 Sq Ft
$398/Sq Ft Est. Value

Last Sold January 27, 2012

Last sale price $127,000 $103 Per Sq Ft

Est. 286% increase in value since last sale

Current estimated payment $2,815/month

154 Days on Market

Highlights

  • Deck
  • Fenced
  • 1-Story Property
  • Tile Countertops
  • Carpet

About This Home

As of January 2012

Property is in a centrally located neighborhood near Heavenly ski resort, Ski Run Marina, and casinos. Come and check out this darling rancher today. Property has 3 bedrooms, 2 bath, and open living room great for entertaining.Purchase this property for as little as 3% down!

Last Agent to Sell the Property

Michelle Morris

Ascent Property Group License #01350248 Listed on: 08/08/2011

Last Buyer's Agent

James Wire

Chase International - South La License #00994721

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,912

Year Built

  • Built in 1964

Lot Details

  • 0.27 Acre Lot
  • Fenced

Home Design

  • Wood Frame Construction
  • Pitched Roof
  • Composition Roof

Interior Spaces

  • 1,232 Sq Ft Home
  • 1-Story Property
  • Free Standing Fireplace
  • Carpet
  • Crawl Space
  • Tile Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Heating System Mounted To A Wall or Window
  • Community Well

Community Details

  • Heather Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 025251011000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,912

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Countertops: Tile
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Stories: 1
  • Year Built: 1964
  • Directions: Blackwood to Spruce right on Heather Lake. House on Right
  • OFFICELIST_STATE: CA
  • FILLSUBDIVISION: Heather Lake
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Carpet
  • Bedrooms: 3
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplace Description: Freestanding -Gas
  • Price Per Square Foot: 103.08
  • Square Footage: 1232.00

Exterior Features

  • Construction: Wood Frame
  • Fenced: Yes
  • Foundation: Concrete/Crawl Space
  • Patio Deck: Deck
  • Roof: Pitched, Composition

Utilities

  • Heating/Cooling: Wall or Space Heater
  • Utilities: ElectricityAvailable, NaturalGasAvailable, Well - Community, City Sewer

Lot Info

  • Acres: 0.2658
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 11579.00
  • Price Per Acre: 477802.86

Tax Info

  • Annual Taxes: 1911.64
  • Assessor Parcel Number: 025251011000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2011
Closed on
Jan 24, 2012
Sold by
Palaby Martha Alicia
Bought by
Palaby Norman
Seller's Agent
Michelle Morris
Ascent Property Group
Buyer's Agent
James Wire
Chase International - South La
List Price
$174,900
Sold Price
$127,000
Premium/Discount to List
-$47,900
-27.39%
Current Estimated Value
$489,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$362,871
Avg. Annual Appreciation
10.47%

Purchase Details

Listed on
Aug 8, 2011
Closed on
Jan 10, 2012
Sold by
Federal National Mortgage Association
Bought by
Palaby Norman
Seller's Agent
Michelle Morris
Ascent Property Group
Buyer's Agent
James Wire
Chase International - South La
List Price
$174,900
Sold Price
$127,000
Premium/Discount to List
-$47,900
-27.39%

Purchase Details

Closed on
Jul 14, 2011
Sold by
Cortez Lucila V and Cortez Rogelio M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 14, 2004
Sold by
Cortez Rogelio M and Cortez Lucila V
Bought by
Cortez Rogelio M and Cortez Lucila V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
5.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2000
Sold by
Trujillo Mark and Trujillo J A L
Bought by
Cortez Rogelio M and Cortez Lucila V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,587
Interest Rate
8.12%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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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
Palaby Norman -- First American Title Company
Palaby Norman $127,000 First American Title Company
Federal National Mortgage Association $332,970 First American Title Company
Cortez Rogelio M -- Old Republic Title Co
Cortez Rogelio M $155,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cortez Rogelio M $275,000
Previous Owner Cortez Rogelio M $185,000
Previous Owner Cortez Rogelio M $162,000
Previous Owner Cortez Rogelio M $121,015
Previous Owner Cortez Rogelio M $117,587
Previous Owner Trujillo Mark $30,000
Closed Cortez Rogelio M $32,707
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2012 01/27/12 Sold $127,000 -27.4% $103 / Sq Ft
01/09/2012 01/09/12 Pending -- -- --
08/08/2011 08/08/11 For Sale $174,900 -- $142 / 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 $1,754 $159,505 $37,675 $121,830
2024 $1,754 $156,379 $36,937 $119,442
2023 $1,725 $153,313 $36,213 $117,100
2022 $1,708 $150,307 $35,503 $114,804
2021 $1,682 $147,360 $34,807 $112,553
2020 $1,658 $145,850 $34,451 $111,399
2019 $1,650 $142,991 $33,776 $109,215
2018 $1,615 $140,188 $33,114 $107,074
2017 $1,590 $137,440 $32,465 $104,975
2016 $1,558 $134,746 $31,829 $102,917
2015 $1,481 $132,723 $31,351 $101,372
2014 $1,481 $130,126 $30,738 $99,388
Source: Public Records

Agents Affiliated with this Home

  • Michelle Morris

    Seller's Agent in 2012

    Michelle Morris

    Ascent Property Group

    (530) 383-6522

    6 in this area

    8 Total Sales

    Michelle Morris
    Section Image
  • James Wire

    Buyer's Agent in 2012

    James Wire

    Chase International - South La

    (775) 588-6130

    58 in this area

    67 Total Sales

    James Wire
    Section Image
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Map

Source: South Tahoe Association of REALTORS®

MLS Number: 118222

South Tahoe Association of REALTORS®

APN: 025-251-001-000

California El Dorado County South Lake Tahoe 96150

1261 Heather Lake Rd, South Lake Tahoe, CA

This home is located at 1261 Heather Lake Rd, South Lake Tahoe, CA 96150 since 08 August 2011 and is currently estimated at $489,871, approximately $397 per square foot. This property was built in 1964. 1261 Heather Lake Rd is a home located in El Dorado County with nearby schools including Bijou Community, 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.

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