NOT LISTED FOR SALE

1293 Margaret Ave South Lake Tahoe, CA 96150

Estimated Value: $151,000 - $741,000

0.12 Acre
$3,312,825 Price per Acre
5,025 Sq Ft Lot

Last Sold January 24, 2019

Last sale price $60,000

Est. 537% increase in value since last sale

Current estimated payment $2,173/month

54 Days on Market

About This Lot

As of January 2019

Corner lot across the street from over 300 acres of US Forest Service land on the outskirts of the City of South Lake Tahoe but only 1 mile away from shopping and recreation. 30% coverage available on this flat lot with views of the forest. Build your dream home, or a cozy cabin. 2 blocks away from a neighborhood park, and next to miles of hiking and biking trails. Mix of older cabins as well as newer homes in the area. House next door at 1285 Margaret is also for sale, so purchase both and live in the house while you build your dream home on the lot.

Last Agent to Sell the Property

Dan Spano

Compass License #01187931 Listed on: 11/21/2018

Compass

Last Buyer's Agent

Leila Kuelper

Mountain Luxury Properties License #01976073

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $136

Lot Details

  • 5,025 Sq Ft Lot
  • Lot Dimensions are 37'x25'x37'x21'

Property Views

  • Forest Views

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 032282271000

Property Details

Property Type

Land

Est. Annual Taxes

$136

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 Comments: See attached documents
  • I P E S Score: 853
  • Directions: Emerald Bay Road to F Street, Lot is on the corner of F Street and Margaret.
  • OFFICELIST_STATE: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Views: Forest
  • 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: 0.1154
  • Lot Dimensions: 37'x25'x37'x21'
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 5025.00
  • Price Per Acre: 519930.68
  • Zoning: Single Family
  • Percent Coverage: 30

Tax Info

  • Annual Taxes: 136.00
  • Assessor Parcel Number: 032282271000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2025
Sold by
Zhu Xi
Bought by
Zhao/Zhu Family Trust and Zhu
Current Estimated Value
$382,300

Purchase Details

Closed on
Feb 24, 2021
Sold by
Platte Franz F and Rosini Amriana G
Bought by
Ding Hongmei and Zhu Xi

Purchase Details

Listed on
Nov 21, 2018
Closed on
Jan 22, 2019
Sold by
Red Tail Capital Llc
Bought by
Platte Franz F and Rosmis Mariana G
Seller's Agent
Dan Spano
Compass
Buyer's Agent
Leila Kuelper
Mountain Luxury Properties
List Price
$70,000
Sold Price
$60,000
Premium/Discount to List
-$10,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.51%

Purchase Details

Closed on
Sep 14, 2018
Sold by
Morrow Marlene O and Korn Dennis
Bought by
Red Tail Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,300
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 19, 2014
Sold by
Morrow Marlene O
Bought by
Morrow Marlene O and Korn Dennis

Purchase Details

Closed on
May 11, 2007
Sold by
Garner Philip D
Bought by
Omorrow Marlene
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Zhao/Zhu Family Trust -- None Listed On Document
Ding Hongmei $209,000 Placer Title Company
Platte Franz F $60,000 Placer Title Company
Red Tail Capital Llc $237,000 Old Republic Title Company
Morrow Marlene O -- None Available
Omorrow Marlene -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Red Tail Capital Llc $213,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2019 01/24/19 Sold $60,000 -14.3% --
01/14/2019 01/14/19 Pending -- -- --
11/21/2018 11/21/18 For Sale $70,000 -- --
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 $2,064 $194,837 $194,837 --
2024 $2,064 $191,017 $191,017 --
2023 $2,028 $187,272 $187,272 $0
2022 $2,008 $183,600 $183,600 $0
2021 $706 $61,834 $61,834 $0
2020 $696 $61,200 $61,200 $0
2019 $692 $60,000 $60,000 $0
2018 $139 $9,122 $9,122 $0
2017 $136 $8,944 $8,944 $0
2016 $134 $8,769 $8,769 $0
2015 $127 $8,639 $8,639 $0
2014 $127 $8,471 $8,471 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Tahoe Association of REALTORS®

MLS Number: 130180

South Tahoe Association of REALTORS®

APN: 032-282-027-000