NOT LISTED FOR SALE

1495 Ormsby Dr South Lake Tahoe, CA 96150

Estimated Value: $698,000 - $856,000

3 Beds
2 Baths
2,248 Sq Ft
$348/Sq Ft Est. Value

Last Sold May 26, 2017

Last sale price $494,000 $220 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,607/month

22 Days on Market

Highlights

  • RV Access or Parking
  • Deck
  • Game Room
  • Built-In Refrigerator
  • Vaulted Ceiling
  • Double Pane Windows

About This Home

As of May 2017

Situated on an oversized, flat parcel, this successful vacation rental is nestled amongst the pines on a quiet street across from the meadow. Features include an open floor plan with vaulted ceilings, quartz countertops, oiled bronze fixtures, porcelain and travertine tile floor, laminate plank flooring, newer carpet, and interior/exterior paint. The main level of the house features an open floor plan, with kitchen, dining area, living area, two guest bedrooms, master bedroom, two bathrooms, and a laundry area. Upstairs is a large family room currently set up as a game room. Centrally located with easy access to casinos, shopping, restaurants, hiking, biking, cross country skiing and only a five minute drive to Heavenly Ski Resort. Perfect for your Tahoe Retreat! Furnishings are negotiable.

Last Agent to Sell the Property

Cynthia MacLean

Compass License #01411717 Listed on: 04/20/2017

Compass

Last Buyer's Agent

Member Non

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,340

Year Built

  • Built in 1967

Lot Details

  • 0.29 Acre Lot
  • Fenced
  • Landscaped
  • Front Yard Sprinklers

Parking

  • RV Access or Parking

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shake Roof
  • Wood Siding

Interior Spaces

  • 2,248 Sq Ft Home
  • Vaulted Ceiling
  • Double Pane Windows
  • Vinyl Clad Windows
  • Family Room
  • Game Room
  • Crawl Space
  • Laundry in Hall

Kitchen

  • Gas Range
  • Built-In Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Stone Countertops In Bathroom
  • Shower Only

Outdoor Features

  • Deck
  • Patio

Utilities

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

Community Details

  • Sierra Meadows Subdivision

Listing and Financial Details

  • Assessor Parcel Number 025-272-14-100

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,340

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Additional Features: Vaulted Ceilings, Walk In Closet
  • Countertops: Tile, Natural Stone, Slab
  • Master Bdrm Features: Stall Shower, Nat Stone Counter, Nat Stone Flooring, Walk-In Closet
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Year Built: 1967
  • OFFICELIST_STATE: CA
  • FILLSUBDIVISION: Sierra Meadows
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Floor Covering: Carpet, Tile, Natural Stone, Laminate
  • Windows: Single Pane, Double Pane, Metal Frame, Vinyl Frame
  • Master Bedroom: Yes
  • Bedrooms: 3
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Kitchen: Garbage Disposal, Refrigerator Blt-in, Microwave Built-in, Dishwasher Built-in, Gas Range
  • Additional Rooms: Game Room, Family Room
  • Laundry Location: Hall Closet
  • Price Per Square Foot: 219.75
  • Square Footage: 2248.00

Exterior Features

  • Construction: Wood Frame, Wood Siding
  • Exterior: RV Access/Parking
  • Fenced: Yes
  • Foundation: Concrete/Crawl Space, Slab
  • Landscaped: Front
  • Patio Deck: Deck, Uncovered
  • Roof: Pitched, Shake

Utilities

  • Sprinklers: Front
  • 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: 0.2863
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 12471.00
  • Price Per Acre: 1725462.80

Tax Info

  • Annual Taxes: 4340.00
  • Assessor Parcel Number: 025-272-14-100

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2017
Closed on
May 24, 2017
Sold by
Fu Luke and Chan Sue
Bought by
Kim Woo Shik and Aung Diana
Seller's Agent
Cynthia MacLean
Compass
Buyer's Agent
Member Non
Non Member Office
List Price
$519,000
Sold Price
$494,000
Premium/Discount to List
-$25,000
-4.82%
Current Estimated Value
$781,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,444
Avg. Annual Appreciation
5.52%

Purchase Details

Listed on
May 24, 2014
Closed on
Jul 22, 2014
Sold by
Stalter Bernard K and Stalter Revocable T Marjorie J
Bought by
The Fu & Chan Family Trust
Seller's Agent
Jill Teakell
Compass
Buyer's Agent
Member Non
Non Member Office
List Price
$410,000
Sold Price
$375,000
Premium/Discount to List
-$35,000
-8.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.23%
Original Mortgage
$300,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 17, 2002
Sold by
Stalter Marjorie J
Bought by
Stalter Marjorie J and Stalter Revocable T Marjorie J

Purchase Details

Closed on
Nov 4, 1999
Sold by
Stalter Bernard K
Bought by
Stalter Marjorie J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kim Woo Shik $494,000 Old Republic Title Company
The Fu & Chan Family Trust $375,000 Old Republic Title Company
Stalter Marjorie J -- --
Stalter Marjorie J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The Fu & Chan Family Trust $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/26/2017 05/26/17 Sold $494,000 -4.8% $220 / Sq Ft
05/12/2017 05/12/17 Pending -- -- --
04/20/2017 04/20/17 For Sale $519,000 +38.4% $231 / Sq Ft
07/28/2014 07/28/14 Sold $375,000 -8.5% $167 / Sq Ft View Prior Sale
06/28/2014 06/28/14 Pending -- -- --
05/24/2014 05/24/14 For Sale $410,000 -- $182 / 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 $5,949 $561,716 $104,449 $457,267
2024 $5,949 $550,702 $102,401 $448,301
2023 $5,846 $539,905 $100,394 $439,511
2022 $5,789 $529,320 $98,426 $430,894
2021 $5,697 $518,943 $96,497 $422,446
2020 $5,617 $513,623 $95,508 $418,115
2019 $5,590 $503,553 $93,636 $409,917
2018 $5,466 $493,680 $91,800 $401,880
2017 $4,427 $396,331 $67,310 $329,021
2016 $4,340 $388,718 $65,991 $322,727
2015 $4,295 $383,000 $65,000 $318,000
2014 $1,086 $90,922 $8,961 $81,961
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Tahoe Association of REALTORS®

MLS Number: 127282

South Tahoe Association of REALTORS®

APN: 025-272-014-000