NOT LISTED FOR SALE

1281 Bonanza Ave Unit 1 South Lake Tahoe, CA 96150

Estimated Value: $274,000 - $368,000

2 Beds
1 Bath
921 Sq Ft
$250/mo HOA Fee

Last Sold September 06, 2018

Last sale price $168,000 $182 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $2,093/month

131 Days on Market

Highlights

  • Covered Patio or Porch
  • Tile Countertops
  • Carpet
  • Double Pane Windows
  • Laundry Room

About This Home

As of September 2018

Own the most affordable two bedroom condo on the market today. The spacious living room anchored by the stone surrounded fireplace easily flows to the dining and kitchen areas. There is even an ideal home office nook. From the living area, one can step out to the private west-facing covered deck with views of an open and peaceful area offering a touch of Tahoe serenity. The kitchen is bright and sunny and includes a newer range/oven. Down the hall in this ground floor unit are the 2 large bedrooms, one with a walk-in closet. Additional amenities include double pane windows, designated covered parking, spacious private balcony, snow removal, exterior maintenance/insurance, water, hot water and laundry. Good primary residence or investment. rents are going in Tahoe. Plus condo includes covered carport and additional parking spot for second car. Less than 3 miles to the beaches The Bonanza neighborhood park is just down the street.

Last Agent to Sell the Property

Vladislav Lapshin

Pinnacle Real Estate Group License #02023763 Listed on: 03/14/2018

Co-Listed By

Michael Yagi

Berkshire Hathaway HS - SLT License #01114321

Last Buyer's Agent

Jill Holley

Coldwell Banker Select R.E. License #01456348

Coldwell Banker Select R.E.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,503

Year Built

  • Built in 1965

Lot Details

  • 466

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Flat Roof Shape
  • Tar and Gravel Roof

Interior Spaces

  • 921 Sq Ft Home
  • Double Pane Windows
  • Vinyl Clad Windows
  • Crawl Space
  • Laundry Room

Kitchen

  • Oven
  • Electric Range
  • Dishwasher
  • Tile Countertops
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window

Community Details

  • Association fees include water, exterior maintenance, snow removal, roof repairs, insurance
  • Le Chateau Sub Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 032381011000

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,503

Year Built

Built in 1965

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condominium
  • Countertops: Tile, Laminate
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Year Built: 1965
  • Directions: Highway 89 to D or F. It's in the 16 unit complex close to the F St. intersection.
  • OFFICELIST_STATE: CA
  • FILLSUBDIVISION: Le Chateau Sub
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Floor Covering: Carpet, Vinyl
  • Windows: Double Pane, Vinyl Frame
  • Bedrooms: 2
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen: Dishwasher Built-in, Electric Range, Single Oven
  • Laundry Location: Laundry Room
  • Price Per Square Foot: 182.41
  • Square Footage: 921.00

Exterior Features

  • Foundation: Concrete/Crawl Space
  • Patio Deck: Patio, Covered
  • Roof: Flat, Tar/Gravel

Garage/Parking

  • Carport Capacity: 1.00

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 250.00
  • Hoa Fee Frequency: Monthly
  • H O A Includes: Water, Exterior Maintenance, Snow Removal, Roof Repairs, Insurance

Association/Amenities

  • Entry Level Unit: 1

Lot Info

  • Acres: 0.0107
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 466.00
  • Price Per Acre: 15700934.58

Tax Info

  • Annual Taxes: 1503.00
  • Assessor Parcel Number: 032381011000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2018
Closed on
Aug 23, 2018
Sold by
Walsh Katherine and Walsh Thomas
Bought by
Garcia Martin
Seller's Agent
Vladislav Lapshin
Pinnacle Real Estate Group
Buyer's Agent
Jill Holley
Coldwell Banker Select R.E.
List Price
$197,000
Sold Price
$168,000
Premium/Discount to List
-$29,000
-14.72%
Current Estimated Value
$320,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,866
Avg. Annual Appreciation
9.47%
Original Mortgage
$151,100
Outstanding Balance
$131,224
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$189,642

Purchase Details

Closed on
Jul 22, 2017
Sold by
Walsh Thomas
Bought by
Walsh Katherine and Walsh Thomas

Purchase Details

Listed on
Apr 8, 2015
Closed on
May 29, 2015
Sold by
Barnes Catherine A and German Catherine A
Bought by
Walsh Thomas
Seller's Agent
Gail Kolb
Corcoran Global Living SLT
Buyer's Agent
Gail Kolb
Corcoran Global Living SLT
List Price
$130,000
Sold Price
$125,000
Premium/Discount to List
-$5,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.53%
Original Mortgage
$47,000
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2007
Sold by
Hurley Margaret M and Hurley David
Bought by
German Catherine A and Hurley Teresa F

Purchase Details

Closed on
Apr 15, 2004
Sold by
Hurley Norma F
Bought by
Hurley Norma F and The Norma Hurley Family Trust
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
Garcia Martin $168,000 Old Republic Title Company
Walsh Katherine -- None Available
Walsh Thomas $125,000 Placer Title Company
German Catherine A -- None Available
Hurley Norma F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Martin $151,100
Previous Owner Walsh Thomas $47,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/06/2018 09/06/18 Sold $168,000 -14.7% $182 / Sq Ft
07/23/2018 07/23/18 Pending -- -- --
03/14/2018 03/14/18 For Sale $197,000 +57.6% $214 / Sq Ft
06/22/2015 06/22/15 Sold $125,000 -3.8% $136 / Sq Ft View Prior Sale
05/18/2015 05/18/15 Pending -- -- --
04/08/2015 04/08/15 For Sale $130,000 -- $141 / 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 $1,970 $187,402 $37,925 $149,477
2024 $1,970 $183,729 $37,182 $146,547
2023 $1,929 $180,127 $36,453 $143,674
2022 $1,914 $176,596 $35,739 $140,857
2021 $1,884 $173,135 $35,039 $138,096
2020 $1,856 $171,360 $34,680 $136,680
2019 $1,861 $168,000 $34,000 $134,000
2018 $1,526 $132,031 $26,405 $105,626
2017 $1,503 $129,443 $25,888 $103,555
2016 $1,473 $126,906 $25,381 $101,525
2015 $842 $68,488 $13,687 $54,801
2014 $809 $67,149 $13,420 $53,729
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Tahoe Association of REALTORS®

MLS Number: 128842

South Tahoe Association of REALTORS®

APN: 032-381-001-000