Seller's Agent in 2022
Michael Keller
Keller Properties
(530) 307-0027
100 in this area
108 Total Sales
1340 Glenwood Way South Lake Tahoe, CA 96150
Estimated Value: $4,931,000 - $9,004,000
14
Beds
15
Baths
12,133
Sq Ft
$615/Sq Ft
Est. Value
Highlights
- On Golf Course
- Home Theater
- Built-In Refrigerator
- Indoor Pool
- RV Access or Parking
- 8.43 Acre Lot
About This Home
As of July 20221340 Glenwood is a rare opportunity to acquire one of the most successful, Measure T exempt, vacation rental homes in all of Lake Tahoe. Boasting 12,133 sf, 14 bedrooms, 15 bathrooms and sited on 8.43 acres, the amenities and features are without compare. The entry level features a private sports bar, a huge indoor pool room, and a 20+ seat home theater with 11.1 channel sound and 140'' HD projection screen. The middle floor includes a massive great room with 20' ceilings, kitchen with dual fridges and cooktops, and 3 ovens and 3 dishwashers. A custom dining table seats 18 with seating for 14 more at the kitchen island. 8 bedrooms are located in 2 wings off the main living area. The 3rd floor includes a central loft with a wet bar and opens to 2 more bedroom wings. Outside is a full basketball court, 1600sf of decking, 900sf patio, 2 hot tubs, bocci court and a huge private yard. See bit.ly/1340Glen for a virtual tour and call for more details or to schedule a private showing.
Last Agent to Sell the Property
Keller Properties License #01374418 Listed on: 05/07/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $87,005
Year Built
- Built in 2015
Lot Details
- 8.43 Acre Lot
- Lot Dimensions are 620' x 628'
- On Golf Course
- Drip System Landscaping
- Natural State Vegetation
- Backyard Sprinklers
- Landscaped with Trees
Parking
- 5 Car Attached Garage
- Garage Door Opener
- RV Access or Parking
Property Views
- Mountain
- Forest
- Meadow
Home Design
- Slab Foundation
- Wood Frame Construction
- Pitched Roof
- Shingle Roof
- Composition Roof
- Wood Siding
- Masonry Siding
- Stone Exterior Construction
Interior Spaces
- 12,133 Sq Ft Home
- 3-Story Property
- Wet Bar
- Furnished
- Built-in Bookshelves
- Vaulted Ceiling
- Free Standing Fireplace
- Self Contained Fireplace Unit Or Insert
- Double Pane Windows
- Low Emissivity Windows
- Vinyl Clad Windows
- Mud Room
- Entrance Foyer
- Great Room
- Family Room
- Combination Dining and Living Room
- Home Theater
- Game Room
- Home Security System
- Laundry Room
Kitchen
- Double Oven
- Gas Range
- Built-In Microwave
- Built-In Refrigerator
- Dishwasher
- Granite Countertops
- Prep Sink
- Disposal
Flooring
- Wood
- Carpet
- Radiant Floor
- Stone
- Tile
Bedrooms and Bathrooms
- 14 Bedrooms
- Maid or Guest Quarters
- Stone Countertops In Bathroom
- Dual Sinks
- Shower Only
Pool
- Indoor Pool
- Spa
Outdoor Features
- Deck
- Covered Patio or Porch
Location
- Property is near a forest
- Near a Meadow
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Radiant Heating System
- Natural Gas Water Heater
- High Speed Internet
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 025360018000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 6, 2022
Sold by
Moore Kathleen
Bought by
Oklahoma Steel & Wire Co Llc
Total Days on Market
51
Current Estimated Value
Purchase Details
Listed on
May 7, 2022
Closed on
Jul 20, 2022
Sold by
Glenwood Holdings I Llc
Bought by
Moore Kathleen
Seller's Agent
Michael Keller
Keller Properties
Buyer's Agent
Mark Salmon
Compass
List Price
$9,250,000
Sold Price
$8,000,000
Premium/Discount to List
-$1,250,000
-13.51%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.20%
Purchase Details
Listed on
Jul 27, 2015
Closed on
Aug 10, 2015
Sold by
J I Mcintyre Llc
Bought by
Glenwood Holdings I Llc
Seller's Agent
Mark Salmon
Compass
Buyer's Agent
Michael Keller
Keller Properties
List Price
$4,288,000
Sold Price
$3,950,000
Premium/Discount to List
-$338,000
-7.88%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.72%
Original Mortgage
$2,765,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Nov 15, 2014
Sold by
Jennings Jack T and Jennings Walsie
Bought by
J I Mcintyre Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,349
Interest Rate
4.1%
Mortgage Type
Unknown
Purchase Details
Listed on
Jul 5, 2012
Closed on
Sep 23, 2013
Sold by
State Of California
Bought by
Jennings Jack T and Jennings Walsie
Seller's Agent
Jean Merkelbach
Engel & Völkers
Buyer's Agent
Mark Salmon
Compass
List Price
$350,000
Sold Price
$355,000
Premium/Discount to List
$5,000
1.43%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.24%
Purchase Details
Closed on
Mar 20, 2012
Sold by
The City Of South Lake Tahoe
Bought by
The State Of California
Purchase Details
Closed on
May 13, 2009
Sold by
Eastgate Theatre Inc
Bought by
The City Of South Lake Tahoe
Create a Home Valuation Report for This Property
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 |
|---|---|---|---|
| Oklahoma Steel & Wire Co Llc | $7,750,000 | -- | |
| Moore Kathleen | $8,030,000 | New Title Company Name | |
| Glenwood Holdings I Llc | $3,700,000 | Old Republic Title Company | |
| J I Mcintyre Llc | $357,500 | Old Republic Title Company | |
| Jennings Jack T | $355,000 | Placer Title Co | |
| The State Of California | -- | Placer Title Company | |
| The City Of South Lake Tahoe | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Glenwood Holdings I Llc | $2,815,000 | |
| Previous Owner | Glenwood Holdings I Llc | $2,765,000 | |
| Previous Owner | J I Mcintyre Llc | $357,349 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/22/2022 07/22/22 | Sold | $8,000,000 | -13.5% | $659 / Sq Ft |
| 06/27/2022 06/27/22 | Pending | -- | -- | -- |
| 05/07/2022 05/07/22 | For Sale | $9,250,000 | +134.2% | $762 / Sq Ft |
| 08/19/2015 08/19/15 | Sold | $3,950,000 | -7.9% | $343 / Sq Ft |
| 07/27/2015 07/27/15 | Pending | -- | -- | -- |
| 07/27/2015 07/27/15 | For Sale | $4,288,000 | +1107.9% | $373 / Sq Ft |
| 10/01/2013 10/01/13 | Sold | $355,000 | +1.4% | $31 / Sq Ft |
| 09/02/2013 09/02/13 | Pending | -- | -- | -- |
| 07/05/2012 07/05/12 | For Sale | $350,000 | -- | $30 / 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 |
|---|---|---|---|---|
| 2024 | $87,005 | $8,214,600 | $2,457,180 | $5,757,420 |
| 2023 | $85,482 | $8,054,000 | $2,409,000 | $5,645,000 |
| 2022 | $44,524 | $4,149,416 | $401,585 | $3,747,831 |
| 2021 | $43,714 | $4,057,267 | $393,711 | $3,663,556 |
| 2020 | $43,221 | $4,029,196 | $389,674 | $3,639,522 |
| 2019 | $43,054 | $3,954,419 | $382,034 | $3,572,385 |
| 2018 | $42,075 | $3,876,100 | $374,544 | $3,501,556 |
| 2017 | $43,380 | $3,798,200 | $367,200 | $3,431,000 |
| 2016 | $42,974 | $3,700,000 | $360,000 | $3,340,000 |
| 2015 | $3,855 | $821,349 | $357,349 | $464,000 |
| 2014 | $3,855 | $358,001 | $358,001 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2022
Mark Salmon
Compass
(530) 645-2777
219 in this area
260 Total Sales
-
Seller's Agent in 2013
Jean Merkelbach
Engel & Völkers
(775) 588-7710
17 in this area
170 Total Sales
Map
Source: South Tahoe Association of REALTORS®
MLS Number: 135666
APN: 025-360-018-000
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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