NOT LISTED FOR SALE

149 Kahle Dr State Line, NV 89449

54 Beds
-- Bath
28,510 Sq Ft
1.1 Acres

Last Sold May 08, 2015

Last sale price $2,350,000 $82 Per Sq Ft

61 Days on Market

Highlights

  • 1.1 Acre Lot
  • Patio
  • High Speed Internet
  • Zephyr Cove Elementary School Rated A-
  • Laundry Facilities
  • Wood Siding

About This Home

As of May 2015

The 38 unit Nevada Royale Apartment complex is located in the heart of South Lake Tahoe situated on approximately 1.1 acres overlooking the historic Rabe Meadow. Located just a short distance to the casinos, Heavenly Valley Ski Area, shopping, golf, and restaurants. The complex consists of 3 separate, 2 story buildings. There is a laundry room, storage room, and office/more storage area. Each bulding has exterior decks, stairs, and walkways. The complex consists of 20 - one bedroom, one baths units, 16 - two bedroom, one baths units, and 2 studios. The one and two bedroom units are separately metered for gas and electricity. Studios are not separately metered and owner pays gas & electricity.

Last Agent to Sell the Property

Larry Finkel

Chase International - South La License #00492746 Listed on: 12/12/2014

Co-Listed By

Jenny Johnson

Sierra Sotheby's Int'l Realty License #01944081

Last Buyer's Agent

Member Non

Non Member Office

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $31,124

Year Built

  • Built in 1963

Lot Details

  • 1.1

Parking

  • 15 Parking Spaces

Home Design

  • Flat Roof Shape
  • Concrete Foundation
  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • 54 Bedrooms
  • 28,510 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Utilities

  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Patio
  • 1.1 Acre Lot

Community Details

Overview

  • 38 Units
  • Unavail Subdivision

Additional Features

  • Laundry Facilities
  • Gross Income $263,973

Property Details

Home Type

Apartment

Est. Annual Taxes

$31,124

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Apt Complx 13+ Units
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Year Built: 1963
  • Miscellaneous: Sep. Water Heater, Separate Heat/Cool, Tenant Pays Utlities
  • Directions: Hwy 50 to Kahle to property
  • OFFICELIST_STATE: NV
  • FILLSUBDIVISION: Unavail
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Windows: Single Pane
  • Bedrooms: 54
  • Laundry: Common
  • Price Per Square Foot: 82.43
  • Square Footage: 28510.00
  • Number Of Stories: Two Story

Exterior Features

  • Construction: Wood Frame, Wood Siding
  • Foundation: Concrete/Crawl Space, Concrete/Masonry
  • Roof: Flat
  • Exterior Features: Patio/Balcony

Garage/Parking

  • Number Grge Crprt: 15
  • Number Parking Spaces: 46.00

Utilities

  • Heating/Cooling: Natural Gas, Wall or Space Heater
  • Utilities: NaturalGasAvailable, City Water, City Sewer, Cable TV, High Speed Internet, Telephone
  • Water Heater: Electric

Lot Info

  • Acres: 1.1020
  • Lot Measurement: Acres
  • Lot Sq Ft: 48003.00
  • Price Per Acre: 2132486.39

Multi Family

  • Total Units: 38
  • Unit 10 Bedrooms Bathrooms: 1 Bed - 1 Bath
  • Unit 11 Bedrooms Bathrooms: 1 Bed - 1 Bath
  • Unit 12 Bedrooms Bathrooms: 1 Bed - 1 Bath
  • Unit 13 Bedrooms Bathrooms: Studio with 1 Bath
  • Unit 14 Bedrooms Bathrooms: 1 Bed - 1 Bath
  • Unit 15 Bedrooms Bathrooms: 2 Beds - 1 Bath
  • Unit 16 Bedrooms Bathrooms: 1 Bed - 1 Bath
  • Unit 17 Bedrooms Bathrooms: 2 Beds - 1 Bath
  • Unit 18 Bedrooms Bathrooms: 2 Beds - 1 Bath
  • Unit 19 Bedrooms Bathrooms: 1 Bed - 1 Bath
  • First Unit Bedrooms Bathrooms: 2 Beds - 1 Bath
  • Unit 20 Bedrooms Bathrooms: 2 Beds - 1 Bath
  • Unit 21 Bedrooms Bathrooms: 1 Bed - 1 Bath
  • Unit 22 Bedrooms Bathrooms: 1 Bed - 1 Bath
  • Unit 23 Bedrooms Bathrooms: 1 Bed - 1 Bath
  • Unit 24 Bedrooms Bathrooms: 1 Bed - 1 Bath
  • Unit 25 Bedrooms Bathrooms: 1 Bed - 1 Bath
  • Unit 26 Bedrooms Bathrooms: 1 Bed - 1 Bath
  • Unit 27 Bedrooms Bathrooms: 2 Beds - 1 Bath
  • Unit 28 Bedrooms Bathrooms: 1 Bed - 1 Bath
  • Unit 29 Bedrooms Bathrooms: 2 Beds - 1 Bath
  • Unit 2 Bedrooms Bathrooms: 1 Bed - 1 Bath
  • Unit 30 Bedrooms Bathrooms: 2 Beds - 1 Bath
  • Unit 31 Bedrooms Bathrooms: 2 Beds - 1 Bath
  • Unit 32 Bedrooms Bathrooms: 2 Beds - 1 Bath
  • Unit 33 Bedrooms Bathrooms: 2 Beds - 1 Bath
  • Unit 34 Bedrooms Bathrooms: 2 Beds - 1 Bath
  • Unit 35 Bedrooms Bathrooms: 2 Beds - 1 Bath
  • Unit 36 Bedrooms Bathrooms: 2 Beds - 1 Bath
  • Unit 37 Bedrooms Bathrooms: 2 Beds - 1 Bath
  • Unit 38 Bedrooms Bathrooms: Studio with 1 Bath
  • Unit 3 Bedrooms Bathrooms: 2 Beds - 1 Bath
  • Unit 4 Unit Bedrooms Bathrooms: 1 Bed - 1 Bath
  • Unit 5 Bedrooms Bathrooms: 1 Bed - 1 Bath
  • Unit 6 Bedrooms Bathrooms: 1 Bed - 1 Bath
  • Unit 7 Bedrooms Bathrooms: 1 Bed - 1 Bath
  • Unit 8 Bedrooms Bathrooms: 1 Bed - 1 Bath
  • Unit 9 Unit Bedrooms Bathrooms: 1 Bed - 1 Bath

Tax Info

  • Taxes: 31124.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2015 05/08/15 Sold $2,350,000 -16.1% $82 / Sq Ft
02/11/2015 02/11/15 Pending -- -- --
12/12/2014 12/12/14 For Sale $2,800,000 -- $98 / Sq Ft
Source: South Tahoe Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Tahoe Association of REALTORS®

MLS Number: 123460

South Tahoe Association of REALTORS®