$900,000
SOLD NOV 4, 2024

1501 Apache Ave South Lake Tahoe, CA 96150

4 Beds
3 Baths
2,188 Sq Ft
0.4 Acres

Recently Sold

$411 Per Sq Ft

8% Below List Price

75 Days on Market

Highlights

  • RV Access or Parking
  • Maid or Guest Quarters
  • Forest View
  • 0.4 Acre Lot
  • Deck
  • Property is near a forest

About This Home

As of November 2024

Step into rustic elegance with this meticulously crafted 4-bedroom, 3-bath retreat. This property boasts spacious accommodations with two distinct living areas, offering versatility for a variety of needs. The dual living spaces present an excellent opportunity for generating supplemental income, whether through rental possibilities or a separate guest suite. This setup is ideal for extended families, guests, or tenants, allowing for privacy and functionality while maximizing the property's potential.Country Living Magazine would be thrilled to feature this home's exquisite attention to detail and versatile floorplan. With an emphasis on design and functionality, this home is nestled against pristine US Forest land and across from State of California Conservancy. Enjoy the charm of multiple decks overlooking the tranquil surroundings. Among the numerous amenities this home has to offer are new exterior paint in 2023, a tasteful remodel in 2020, excessive storage, a butler's pantry, custom-designed baths, and Warm Waves infrared radiant in-floor heating in many rooms. The carefully landscaped grounds cover just under a half acre and create a welcoming atmosphere year-round.The lower floor living area is rich in mountain lodge ambiance. Features include expansive views to the forest, open beams with custom hammered black iron supports, original oak floors and an impressive rock wall with a wood-burning insert. The sizeable dining area features a Hinkley chandelier and a split log bar open to the kitchen. The kitchen features newer Bosch dishwasher, refrigerator and wall oven as well as a plethora of cabinet storage and counter space.The upstairs living area has been completely updated with newer flooring, appliances, a free-standing gas fireplace and again, direct access to a two private decks. The primary bedroom suite is located on the top floor and overlooks the middle floor living area.The park-like setting is central to a variety of golf courses, premier ski resorts, and renowned biking and hiking trails. Outdoor enthusiasts will feel they have found their utopia. Just fifteen minutes from Lake Tahoe's sparkling beaches and the vibrant downtown entertainment corridor, it seamlessly combines relaxation, blissful surroundings and outdoor recreational delights. The circular drive accommodates a number of vehicles including RV's.Most furnishings are negotiable, presenting an opportunity to move right into this turnkey haven designed for those who appreciate both luxury and nature's beauty.

Last Agent to Sell the Property

Donald Souers

Berkshire Hathaway HS - SLT License #01193569 Listed on: 07/05/2024

Berkshire Hathaway HS - SLT

Last Buyer's Agent

Mark Salmon

Compass License #01485376

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,721

Year Built

  • Built in 1963

Lot Details

  • 0.4 Acre Lot
  • Landscaped with Trees
  • Lawn

Parking

  • RV Access or Parking

Home Design

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

Interior Spaces

  • 2,188 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Free Standing Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Double Pane Windows
  • Combination Dining and Living Room
  • Forest Views
  • Crawl Space
  • Laundry Room

Kitchen

  • Gas Range
  • Dishwasher
  • Quartz Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Maid or Guest Quarters
  • 3 Full Bathrooms
  • Shower Only

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near a forest

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Phone Available

Community Details

  • Tahoe Paradise 14 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 034481020000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,721

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Location: Adjacent to Forest
  • Additional Features: Vaulted Ceilings, Open Beam, Skylight
  • Countertops: Quartz, Tile
  • Master Bdrm Features: Stall Shower
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Stories: 3
  • Year Built: 1963
  • Directions: Take upper Apache from Hwy 50.
  • OFFICELIST_STATE: CA
  • FILLSUBDIVISION: Tahoe Paradise 14
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Carpet, Wood, Laminate
  • Windows: Double Pane
  • Master Bedroom: Yes
  • Bedrooms: 4
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Kitchen: Garbage Disposal, Dishwasher Built-in, Gas Range
  • Additional Rooms: Living Room, Living/Dining Combo, Guest Quarters
  • Fireplace Description: Freestanding -Gas, Insert -Wood
  • Laundry Location: Laundry Room
  • Price Per Square Foot: 411.33
  • Square Footage: 2188.00

Exterior Features

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

Utilities

  • Heating/Cooling: Forced Air, Natural Gas, Radiant Heat-Floor
  • Utilities: ElectricityAvailable, NaturalGasAvailable, City Water, City Sewer, Telephone, Water Meter
  • Water Heater: Electric

Lot Info

  • Acres: 0.4000
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 17424.00
  • Price Per Acre: 2250000.00

Tax Info

  • Assessor Parcel Number: 034481020000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2024
Closed on
Oct 9, 2024
Sold by
Geare Timothy Patrick and Geare Lisa Marie
Bought by
Mitchell Todd and Mitchell Anastasia
Seller's Agent
Donald Souers
Berkshire Hathaway HS - SLT
Buyer's Agent
Mark Salmon
Compass
List Price
$975,000
Sold Price
$900,000
Premium/Discount to List
-$75,000
-7.69%
Views
54
Current Estimated Value
$903,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,229
Avg. Annual Appreciation
0.37%
Original Mortgage
$675,000
Outstanding Balance
$667,548
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$235,681

Purchase Details

Listed on
Aug 2, 2019
Closed on
Sep 23, 2019
Sold by
Gorman William T and Gorman Kathryn M
Bought by
Geare Timothy Patrick and Geare Lisa Marie
Seller's Agent
Theresa Souers
Berkshire Hathaway HomeService
Buyer's Agent
Theresa Souers
Berkshire Hathaway HomeService
List Price
$500,000
Sold Price
$500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.24%
Original Mortgage
$350,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 1999
Sold by
Gorman William T and Gorman Kathryn M
Bought by
Gorman William T and Gorman Kathryn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
7.37%

Purchase Details

Closed on
Aug 12, 1999
Sold by
Donato S Anthony Tr and Donato Alice S Tr Etal
Bought by
Gorman William T and Gorman Kathryn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
7.37%

Purchase Details

Closed on
Feb 27, 1996
Sold by
Donato S Anthony S and Donato Alice
Bought by
Donato S Anthony S and Donato Alice S
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Grant Deed $900,000 Old Republic Title
Grant Deed $500,000 Old Republic Title Company
Interfamily Deed Transfer -- Old Republic Title Company
Grant Deed $186,000 Old Republic Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $675,000 New Conventional
Previous Owner $350,000 New Conventional
Previous Owner $128,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/04/2024 11/04/24 Sold $900,000 0.0% $411 / Sq Ft
10/05/2024 10/05/24 Off Market $900,000 -- --
09/18/2024 09/18/24 Pending -- -- --
08/08/2024 08/08/24 Price Changed $935,000 -4.1% $427 / Sq Ft
07/05/2024 07/05/24 For Sale $975,000 +95.0% $446 / Sq Ft
10/03/2019 10/03/19 Sold $500,000 0.0% $229 / Sq Ft View Prior Sale
08/12/2019 08/12/19 Pending -- -- --
08/02/2019 08/02/19 For Sale $500,000 -- $229 / 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 $5,721 $546,818 $147,639 $399,179
2024 $5,721 $536,097 $144,745 $391,352
2023 $5,620 $525,586 $141,907 $383,679
2022 $5,563 $515,281 $139,125 $376,156
2021 $5,473 $505,179 $136,398 $368,781
2020 $5,412 $500,000 $135,000 $365,000
2019 $2,904 $256,248 $41,324 $214,924
2018 $2,840 $251,224 $40,514 $210,710
2017 $2,796 $246,299 $39,720 $206,579
2016 $2,740 $241,471 $38,942 $202,529
2015 $2,604 $237,846 $38,358 $199,488
2014 $2,604 $233,188 $37,607 $195,581
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Tahoe Association of REALTORS®

MLS Number: 140450

South Tahoe Association of REALTORS®

APN: 034-481-020-000