$639,000
SOLD MAR 13, 2025

1481 Ormsby Dr South Lake Tahoe, CA 96150

2 Beds
2 Baths
1,168 Sq Ft
0.29 Acres

Recently Sold

$547 Per Sq Ft

14 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Granite Countertops
  • Forest View
  • Wood Flooring
  • Fireplace

About This Home

As of March 2025

Discover your dream retreat nestled in the heart of South Lake Tahoe, CA. Trout Creek Chalet is an enchanting 2-bedroom, 2-bathroom chalet that offers a perfect blend of rustic charm and modern comfort that is situated adjacent to the tranquil Trout Creek and a picturesque meadow. With its serene setting and prime location,being just minutes away from the world-renowned Heavenly Ski Resort and vibrant Heavenly Village, this property is a haven for outdoor enthusiasts and those seeking a peaceful escape all in oneStep inside to find a warm and inviting interior, complete with a cozy fireplace that becomes the heart of the home on chilly evenings. As an added bonus, this chalet comes fully furnished, making it move-in ready. Both bedrooms are comfortably sized, while the two bathrooms offer modern amenities for ultimate comfort. The open living area and vaulted open beam ceiling creates a welcoming space to relax or entertain, with large windows that invite in natural light and offer glimpses of the surrounding beauty.Outside, the expansive lot provides ample opportunities for outdoor living or future enhancements. Whether you envision creating additional living space, adding recreational features, or simply enjoying the untouched natural surroundings, this property caters to your imagination. Its proximity to hiking trails, water activities, and the vibrant dining and entertainment options of South Lake Tahoe ensures you'll never be far from adventure or relaxation.Whether it's winter skiing, spring hiking, summer lake activities, or fall foliage, this chalet is a year-round destination. Its central location in the Lake Tahoe basin ensures that every season offers something special.

Last Agent to Sell the Property

Peter Erdody

Chase International - South La License #01977617 Listed on: 01/15/2025

Last Buyer's Agent

Hailey Fuller

Realty World Lake Tahoe License #02162964

Realty World Lake Tahoe

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,517

Year Built

  • Built in 1962

Lot Details

  • 0.29 Acre Lot
  • Natural State Vegetation

Property Views

  • Forest
  • Meadow

Home Design

  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,168 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Fireplace
  • Double Pane Windows
  • Living Room
  • Crawl Space
  • Laundry in Hall

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher
  • Granite Countertops
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

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

Additional Features

  • Deck
  • Near a Meadow

Community Details

  • Sierra Meadows Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 025272021000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,517

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Location: Adjacent to Meadow
  • Additional Features: Vaulted Ceilings, Open Beam
  • AV Comments: Doorbell is audio/visual but not heavily monitored
  • AV Surveillance: Yes
  • Countertops: Quartz, Granite
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Stories: 2
  • Year Built: 1962
  • Directions: Black Bart to Ormsby. Property is opposite meadow
  • OFFICELIST_STATE: CA
  • FILLSUBDIVISION: Sierra Meadows
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Carpet, Tile, Wood
  • Windows: Double Pane
  • Bedrooms: 2
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Kitchen: Garbage Disposal, Microwave Built-in, Dishwasher Built-in, Electric Range
  • Additional Rooms: Living Room, Loft
  • Laundry Location: Hall Closet
  • Price Per Square Foot: 547.09
  • Square Footage: 1168.00

Exterior Features

  • Construction: Wood Frame, Wood Siding
  • Foundation: Concrete/Crawl Space
  • Landscaped: Natural
  • Patio Deck: Deck
  • Roof: Pitched, Composition, Shingle
  • Views: Meadow, Forest

Utilities

  • Heating/Cooling: Forced Air, Natural Gas, Fireplace
  • Utilities: ElectricityAvailable, NaturalGasAvailable, City Water, City Sewer, Cable TV, Telephone, High Speed Internet, Water Meter
  • Water Heater: Natural Gas

Lot Info

  • Acres: 0.2900
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 12632.00
  • Price Per Acre: 2203448.28

Green Features

  • Green Features: On Demand H2O Heater

Tax Info

  • Assessor Parcel Number: 025272021000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2025
Closed on
Mar 7, 2025
Sold by
2012 Brandy Family Trust and Lopez Paul A
Bought by
Davy Kacey and Davy Patrick
Seller's Agent
Peter Erdody
Chase International - South La
Buyer's Agent
Hailey Fuller
Realty World Lake Tahoe
List Price
$639,000
Sold Price
$639,000
Views
137
Current Estimated Value
$623,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,850
Avg. Annual Appreciation
-5.67%
Original Mortgage
$543,150
Outstanding Balance
$540,876
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$82,274

Purchase Details

Listed on
Jul 26, 2016
Closed on
Nov 30, 2016
Sold by
Allman David J and Allman David
Bought by
Brandy Drew L and Brandy Mary Sharon
Seller's Agent
Carl Dilores
eXp Realty of California
Buyer's Agent
Peter Erdody
Chase International - South La
List Price
$399,999
Sold Price
$365,000
Premium/Discount to List
-$34,999
-8.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.02%
Original Mortgage
$180,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2009
Sold by
Allman Melissa
Bought by
Allman David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,000
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2007
Sold by
Riley Nancy S and Riley Patrick J
Bought by
Allman David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 2007
Sold by
Allman Melissa
Bought by
Allman David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2005
Sold by
Riley Nancy S and Riley Patrick J
Bought by
Falls Cameron S

Purchase Details

Closed on
Jan 10, 2000
Sold by
Bollard Rosemary Aka and Bollard Philip B
Bought by
Riley Patrick J and Riley Nancy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,600
Interest Rate
7.83%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $639,000 Old Republic Title
Grant Deed $365,000 Old Republic Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $400,000 Placer Title Company
Interfamily Deed Transfer -- Placer Title Company
Grant Deed $146,000 Old Republic Title Co
Grant Deed $162,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $543,150 New Conventional
Previous Owner $180,000 New Conventional
Previous Owner $303,000 New Conventional
Previous Owner $380,000 Purchase Money Mortgage
Previous Owner $100,000 Credit Line Revolving
Previous Owner $305,000 Fannie Mae Freddie Mac
Previous Owner $60,000 Credit Line Revolving
Previous Owner $237,000 Unknown
Previous Owner $216,000 Unknown
Previous Owner $200,000 Unknown
Previous Owner $184,500 Unknown
Previous Owner $129,600 No Value Available
Closed $24,300 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2025 03/13/25 Sold $639,000 0.0% $547 / Sq Ft
01/29/2025 01/29/25 Pending -- -- --
01/15/2025 01/15/25 For Sale $639,000 +75.1% $547 / Sq Ft
12/15/2016 12/15/16 Sold $365,000 -8.7% $313 / Sq Ft
10/29/2016 10/29/16 Pending -- -- --
07/26/2016 07/26/16 For Sale $399,999 -- $342 / 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 $4,517 $423,608 $127,661 $295,947
2024 $4,517 $415,303 $125,158 $290,145
2023 $4,439 $407,160 $122,704 $284,456
2022 $4,395 $399,178 $120,299 $278,879
2021 $4,325 $391,352 $117,941 $273,411
2020 $4,266 $387,340 $116,732 $270,608
2019 $4,245 $379,746 $114,444 $265,302
2018 $4,151 $372,300 $112,200 $260,100
2017 $4,087 $365,000 $110,000 $255,000
2016 $3,365 $299,000 $116,000 $183,000
2015 $3,007 $274,000 $106,000 $168,000
2014 $3,007 $271,000 $105,000 $166,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: South Tahoe Association of REALTORS®

MLS Number: 141122

South Tahoe Association of REALTORS®

APN: 025-272-021-000