NOT LISTED FOR SALE

1488 Cherry Hills Cir South Lake Tahoe, CA 96150

Estimated Value: $1,243,176 - $1,310,000

4 Beds
3 Baths
2,573 Sq Ft
$490/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $1,200,000 $466 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $7,742/month

7 Days on Market

Highlights

  • RV Access or Parking
  • Forest View
  • Jetted Tub and Shower Combination in Primary Bathroom
  • Deck
  • Wood Flooring
  • Granite Countertops

About This Home

As of May 2021

Located in the County and situated just perfectly to take in the beautiful forest surroundings-this home has it all! Upon entering, a handcrafted custom wood handrail leads the way from the welcoming foyer to the living area where high knotty pine ceilings and multiple windows and skylights let the sunlight pour in. The open living space has a spacious kitchen with stainless appliances and granite countertops and the room is centered by an inviting gas fireplace. Just down the hallway sits the large master bedroom with a walk-in-closet, gas fireplace, etched glass, tall ceilings, a jetted tub and a slider to the upper deck. Also on this level is an additional bedroom and full bathroom. Downstairs is a second living room, two bedrooms and a bathroom. Other features include a three-car-garage, bear box, fully fenced backyard, two decks and the well-appointed mountain furnishings and household items are included. Just minutes to the lake, ski resorts and all that South Shore has to offer.

Last Agent to Sell the Property

Chris & Brooke Hernandez

Compass License #01477800 Listed on: 04/09/2021

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,717

Year Built

  • Built in 2003

Lot Details

  • 10,454 Sq Ft Lot
  • Fenced
  • Landscaped
  • Front and Back Yard Sprinklers
  • Lawn

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • RV Access or Parking

Home Design

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

Interior Spaces

  • 2,573 Sq Ft Home
  • 2-Story Property
  • Self Contained Fireplace Unit Or Insert
  • Double Pane Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Game Room
  • Forest Views
  • Crawl Space
  • Laundry in Bedroom

Kitchen

  • Oven
  • Gas Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Stone Countertops In Bathroom
  • Dual Sinks
  • Jetted Tub and Shower Combination in Primary Bathroom

Outdoor Features

  • Deck
  • Patio
  • Shed
  • Front Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 033214004000

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,717

Year Built

Built in 2003

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Additional Features: Garage Door Opener
  • Countertops: Granite
  • Master Bdrm Features: Master Bath, Double Sinks, Jetted Tub, Stall Shower, Nat Stone Counter, Walk-In Closet
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Stories: 2
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Carpet, Tile, Wood, Natural Stone
  • Windows: Double Pane, Metal Frame
  • Master Bedroom: Yes
  • Bedrooms: 4
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Kitchen: Garbage Disposal, Dishwasher Built-in, Gas Range, Single Oven
  • Additional Rooms: Living/Dining Combo, Game Room, Entry/Foyer
  • Fireplace Description: Insert - Gas
  • Laundry Location: Bathroom Combo
  • Price Per Square Foot: 466.38
  • Square Footage: 2573.00

Exterior Features

  • Construction: Wood Frame, Wood Siding
  • Exterior: RV Access/Parking, Storage Shed, Bear-Proof Trash Can
  • Fenced: Yes
  • Foundation: Concrete/Crawl Space
  • Landscaped: Front, Lawn
  • Patio Deck: Deck, Uncovered, Front Porch
  • Roof: Pitched, Composition
  • Views: Forest

Garage/Parking

  • Garage Type: Attached
  • Garage: 3

Utilities

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

Lot Info

  • Acres: 0.24
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 10454.00
  • Price Per Acre: 5000000.00

Tax Info

  • Assessor Parcel Number: 033214004000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
May 13, 2021
Sold by
Alexander Phillip and Alexander Nicki
Bought by
Kajarekare Sachin S and Varde Sonali M
Seller's Agent
Chris & Brooke Hernandez
Compass
Buyer's Agent
Chris & Brooke Hernandez
Compass
List Price
$1,100,000
Sold Price
$1,200,000
Premium/Discount to List
$100,000
9.09%
Current Estimated Value
$1,260,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,794
Avg. Annual Appreciation
1.12%
Original Mortgage
$850,000
Outstanding Balance
$770,312
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$490,482

Purchase Details

Closed on
Dec 19, 2011
Sold by
Alexander Nicki and Alexander Phillip
Bought by
The Alexander Family Trust

Purchase Details

Closed on
Sep 4, 2009
Sold by
Johnston Deborah A
Bought by
Alexander Nicki and Alexander Phillip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2006
Sold by
Treiber Mark and Treiber Deborah
Bought by
Treiber Mark A and Treiber Deborah A

Purchase Details

Closed on
Sep 8, 2005
Sold by
Treiber Mark A
Bought by
Treiber Mark A and Treiber Deborah A

Purchase Details

Closed on
Nov 13, 2003
Sold by
Mcnamara Danny
Bought by
Treiber Mark and Treiber Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 2002
Sold by
Rios Richard and Rios Cecilia
Bought by
Mcnamara Danny
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
Kajarekare Sachin S $1,200,000 Old Republic Title Company
The Alexander Family Trust -- None Available
Alexander Nicki $540,000 Placer Title Company
Johnston Deborah A -- Placer Title Company
Treiber Mark A -- Placer Title Company
Treiber Mark A -- None Available
Treiber Mark A -- --
Treiber Mark $587,500 Old Republic Title Co
Mcnamara Danny $66,000 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kajarekare Sachin S $850,000
Previous Owner Alexander Nicki $190,000
Previous Owner Treiber Mark $470,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2021 05/21/21 Sold $1,200,000 +9.1% $466 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $1,100,000 -- $428 / 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 $13,717 $1,310,417 $324,729 $985,688
2024 $13,717 $1,284,949 $318,362 $966,587
2023 $13,480 $1,259,980 $312,120 $947,860
2022 $13,226 $1,224,000 $306,000 $918,000
2021 $7,040 $643,945 $131,168 $512,777
2020 $6,942 $637,344 $129,824 $507,520
2019 $6,908 $624,848 $127,279 $497,569
2018 $6,754 $612,597 $124,784 $487,813
2017 $6,648 $600,587 $122,338 $478,249
2016 $6,406 $579,000 $110,500 $468,500
2015 $5,348 $519,500 $106,000 $413,500
2014 $5,348 $490,500 $100,000 $390,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Tahoe Association of REALTORS®

MLS Number: 134077

South Tahoe Association of REALTORS®

APN: 033-214-004-000