NOT LISTED FOR SALE

1746 Fortune Way South Lake Tahoe, CA 96150

Estimated Value: $589,436 - $765,000

2 Beds
1 Bath
1,224 Sq Ft
$521/Sq Ft Est. Value

Last Sold July 05, 2012

Last sale price $220,000 $180 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $3,589/month

16 Days on Market

Highlights

  • 0.78 Acre Lot
  • Forest View
  • Vaulted Ceiling
  • Deck
  • Property is near a forest
  • Double Pane Windows

About This Home

As of July 2012

FANTASTIC SETTING on 3/4 acres! Backing to retired parcel, a short stroll down to Cold Creek. Popular A-frame style cabin in Montgomery Estates. With some elbow grease and a toolbag will make a terrific little cabin for a primary or vacation home buyer. Call about Freddie Mac First Look Initiative for primary and vacation home buyers until 5/18/12. Investor offers will be considered on or after 5/19/12 if property still available. For primary and vacation home buyers seller will provide 2-year home warranty with CCHS. AS IS sale.

Last Agent to Sell the Property

Doug Rosner

Chase International - South La License #00710564 Listed on: 05/02/2012

Last Buyer's Agent

Lothar Knieriemen

Tahoe Gateway Realty License #00679178

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,422

Year Built

  • Built in 1977

Lot Details

  • 0.78

Parking

  • 2 Carport Spaces

Home Design

  • Wood Frame Construction
  • Pitched Roof
  • Shake Roof

Interior Spaces

  • 1,224 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Double Pane Windows
  • Forest Views
  • Crawl Space
  • Laundry in Hall

Kitchen

  • Gas Range
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

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

Additional Features

  • Deck
  • 0.78 Acre Lot
  • Property is near a forest

Community Details

  • Montgomery Estates 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 025-601-07-10

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,422

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Style: A-Frame
  • Location: Adjacent to Forest
  • Additional Features: Vaulted Ceilings
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Stories: 2
  • Year Built: 1977
  • OFFICELIST_STATE: CA
  • FILLSUBDIVISION: Montgomery Estates 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Carpet, Tile
  • Windows: Double Pane, Metal Frame
  • Bedrooms: 2
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen: Garbage Disposal, Gas Range
  • Laundry Location: Hall Closet
  • Price Per Square Foot: 179.74
  • Square Footage: 1224.00

Exterior Features

  • Construction: Wood Frame
  • Foundation: Concrete/Crawl Space
  • Patio Deck: Deck
  • Roof: Pitched, Shake
  • Views: Forest

Garage/Parking

  • Carport Capacity: 2.00

Utilities

  • 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: 0.7754
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 33775.00
  • Price Per Acre: 283724.53

Tax Info

  • Annual Taxes: 4422.00
  • Assessor Parcel Number: 025-601-07-10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2012
Closed on
Jun 28, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Folwarkow Scott Nelson and Folwarkow Antionette Renee
Seller's Agent
Doug Rosner
Chase International - South La
Buyer's Agent
Lothar Knieriemen
Tahoe Gateway Realty
List Price
$239,900
Sold Price
$220,000
Premium/Discount to List
-$19,900
-8.3%
Current Estimated Value
$637,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$417,859
Avg. Annual Appreciation
8.33%
Original Mortgage
$176,000
Outstanding Balance
$121,663
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$516,196

Purchase Details

Closed on
Mar 21, 2012
Sold by
Johnson Timothy A and Taggart Lisa E
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 5, 2002
Sold by
Bates Jeffrey C and Bates Carol M
Bought by
Johnson Timothy A and Taggart Lisa E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.25%

Purchase Details

Closed on
Jan 22, 2001
Sold by
Bates Jeffrey C and Bates Carol M
Bought by
Bates Jeffrey C and Bates Carol M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.89%

Purchase Details

Closed on
Jan 18, 1997
Sold by
Simonds Susan Elizabeth
Bought by
Scholz David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
7.46%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 3, 1997
Sold by
Scholz David A
Bought by
Bates Jeffrey C and Quinn Carol M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
7.46%
Mortgage Type
Seller Take Back
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
Folwarkow Scott Nelson $220,000 Ticor Title
Federal Home Loan Mortgage Corporation $186,510 Accommodation
Johnson Timothy A $335,000 Old Republic Title Company
Bates Jeffrey C -- Fidelity National Title Co
Scholz David A -- Placer Title Company
Bates Jeffrey C $127,000 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Folwarkow Scott Nelson $176,000
Previous Owner Johnson Timothy A $300,700
Previous Owner Bates Jeffrey C $175,000
Previous Owner Bates Jeffrey C $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/05/2012 07/05/12 Sold $220,000 -8.3% $180 / Sq Ft
05/18/2012 05/18/12 Pending -- -- --
05/02/2012 05/02/12 For Sale $239,900 -- $196 / 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 $2,933 $270,897 $110,820 $160,077
2024 $2,933 $265,587 $108,648 $156,939
2023 $2,883 $260,380 $106,518 $153,862
2022 $2,855 $255,276 $104,430 $150,846
2021 $2,808 $250,272 $102,383 $147,889
2020 $2,771 $247,707 $101,334 $146,373
2019 $2,758 $242,851 $99,348 $143,503
2018 $2,698 $238,090 $97,400 $140,690
2017 $2,656 $233,423 $95,491 $137,932
2016 $2,603 $228,847 $93,619 $135,228
2015 $2,473 $225,412 $92,214 $133,198
2014 $2,473 $220,998 $90,408 $130,590
Source: Public Records

Agents Affiliated with this Home

  • Doug Rosner

    Seller's Agent in 2012

    Doug Rosner

    Chase International - South La

    (530) 542-2741

    40 in this area

    40 Total Sales

    Doug Rosner
    Section Image

  • L

    Buyer's Agent in 2012

    Lothar Knieriemen

    Tahoe Gateway Realty

See All Agents

Map

Source: South Tahoe Association of REALTORS®

MLS Number: 119275

South Tahoe Association of REALTORS®

APN: 025-601-007-000

California El Dorado County South Lake Tahoe 96150

1746 Fortune Way, South Lake Tahoe, CA

This home is located at 1746 Fortune Way, South Lake Tahoe, CA 96150 since 02 May 2012 and is currently estimated at $637,859, approximately $521 per square foot. This property was built in 1977. 1746 Fortune Way is a home located in El Dorado County with nearby schools including Sierra House Elementary School, South Tahoe Middle School, and South Tahoe High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Tahoe Association of REALTORS® Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.
© Copyright South Tahoe Association of Realtors.

Based on information from the South Tahoe Association of REALTORS® MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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