NOT LISTED FOR SALE

1920 Marconi Way South Lake Tahoe, CA 96150

Estimated Value: $1,494,000 - $1,979,000

3 Beds
2.5 Baths
3,035 Sq Ft
$591/Sq Ft Est. Value

Last Sold May 23, 2016

Last sale price $1,150,000 $379 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $10,854/month

22 Days on Market

Highlights

  • Docks
  • Boat or Launch Ramp
  • Spa
  • Beach
  • Pier or Dock
  • Built-In Refrigerator

About This Home

As of May 2016

Spacious living areas, light-filled rooms and appealing outdoor amenities best define this spectacular waterfront residence. Overlooking 110 feet of water frontage with fantastic views the beautifully crafted and designed floor plan offers 3,035 feet of living featuring cathedral height ceilings, lots of windows, a separate family room and a fully equipped chef's kitchen with 2 sinks, double ovens, a butler's pantry, commercial size refrigerator and a large center island. The impressive master bedroom and bath has vaulted ceilings, a double sided fireplace, his and hers closets, skylights, a jetted tub and double sinks. Other special features include a walk around bar, 2 heating systems, 2 water heaters, surround sound, central vac, tons of storage and closet space and much more. Outdoor highlights include mature trees, lushly landscaped grounds, large decks, outdoor spa and a new boat dock with a boat hoist. For the most meticulous buyer...don't miss out on this wonderful waterfront!

Last Agent to Sell the Property

Mike Wyatt

Sierra Sotheby's Int'l Realty License #01228040 Listed on: 04/01/2016

Sierra Sotheby's Int'l Realty

Co-Listed By

Peter Delilli

Sierra Sotheby's Int'l Realty License #00923047

Last Buyer's Agent

Mike Wyatt

Sierra Sotheby's Int'l Realty License #01228040 Listed on: 04/01/2016

Sierra Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,077

Year Built

  • Built in 1992

Lot Details

  • 0.34 Acre Lot
  • Cul-De-Sac
  • Landscaped
  • Sprinkler System

HOA Fees

  • $163 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,035 Sq Ft Home
  • Wet Bar
  • Vaulted Ceiling
  • Self Contained Fireplace Unit Or Insert
  • Double Pane Windows
  • Family Room
  • Mountain Views
  • Crawl Space
  • Laundry Room

Kitchen

  • Double Oven
  • Gas Range
  • Built-In Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Butcher Block Countertops
  • Tile Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Tile Bathroom Countertop
  • Dual Sinks
  • Jetted Tub and Shower Combination in Primary Bathroom

Outdoor Features

  • Spa
  • Boat or Launch Ramp
  • Docks
  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Water Dispenser
  • Community Well
  • Natural Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 022-241-18-100

Community Details

Overview

  • Association fees include water
  • Aloha Isle Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Pier or Dock
  • Beach
  • Tennis Courts
  • Community Pool
  • Community Spa
  • Park

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,077

Year Built

Built in 1992

Lot Details

0

HOA Fees

$163 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Location: Cul-De-Sac, Water Front
  • Additional Features: Garage Door Opener, Hot Tub, Wet Bar, Vaulted Ceilings, Skylight, Walk In Closet
  • Countertops: Tile, Butcher Block
  • Master Bdrm Features: Master Bath, Double Sinks, Jetted Tub, Stall Shower, Tile Counters, Walk-In Closet
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Year Built: 1992
  • Directions: Venice Drive to Emerald Drive to Marconi Way
  • OFFICELIST_STATE: CA
  • FILLSUBDIVISION: Aloha Isle
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Floor Covering: Carpet, Wood, Natural Stone
  • Windows: Double Pane
  • Master Bedroom: Yes
  • Bedrooms: 3
  • Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Kitchen: Garbage Disposal, Trash Compactor, Refrigerator Blt-in, Pantry, Microwave Built-in, Dishwasher Built-in, Gas Range, Double Oven, Hot Water Dispenser
  • Additional Rooms: Family Room, Upstairs Living
  • Fireplace Description: Insert - Gas, Insert -Wood, Insert -Pellet
  • Laundry Location: Laundry Room
  • Price Per Square Foot: 378.91
  • Square Footage: 3035.00

Exterior Features

  • Construction: Wood Frame
  • Exterior: Spa/Hot Tub, Boat Dock
  • Foundation: Concrete/Crawl Space
  • Landscaped: Fully Landscaped
  • Patio Deck: Deck
  • Roof: Composition
  • Views: Mountains

Garage/Parking

  • Garage Type: Attached
  • Garage: 2.00

Utilities

  • Sprinklers: Full Sprinklers
  • Heating/Cooling: Forced Air, Natural Gas
  • Utilities: ElectricityAvailable, NaturalGasAvailable, Well - Community, City Sewer, Cable TV, Telephone, High Speed Internet, Underground Utility
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • HOA Fees: 1952.00
  • Hoa Amenities: Pool, Tennis, Spa, Security, Beach, Pier, Boat Launch, Park
  • Hoa Fee Frequency: Annually
  • H O A Includes: Water

Lot Info

  • Acres: 0.3413
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 14869.00
  • Price Per Acre: 3369469.67

Tax Info

  • Annual Taxes: 9077.00
  • Assessor Parcel Number: 022-241-18-100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2020
Sold by
Shuster Vladimir V and Chima Karindeep
Bought by
Shuster Vladimir V and Chima Karindeep K
Current Estimated Value
$1,792,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$745,589
Outstanding Balance
$670,724
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$1,279,076

Purchase Details

Listed on
Apr 1, 2016
Closed on
May 13, 2016
Sold by
Wilkes Jeffrey L and The Jeffrey L Wilkes 2001 Revo
Bought by
Shuster Vladimir V and Chima Karindeep
Seller's Agent
Mike Wyatt
Sierra Sotheby's Int'l Realty
Buyer's Agent
Mike Wyatt
Sierra Sotheby's Int'l Realty
List Price
$1,295,000
Sold Price
$1,150,000
Premium/Discount to List
-$145,000
-11.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.81%
Original Mortgage
$805,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2005
Sold by
Wilkes Jeffrey L
Bought by
Wilkes Jeffrey L and Wilkes 2001 Revocabl Jeffrey L

Purchase Details

Closed on
Jul 2, 2003
Sold by
Wilkes Jeffrey L and Wilkes 2001 Revocabl Jeffrey L
Bought by
Wilkes Jeffrey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2003
Sold by
Wilkes Jeffrey L
Bought by
Wilkes Jeffrey L and Wilkes 2001 Revocabl Jeffrey L

Purchase Details

Closed on
Jun 3, 2002
Sold by
Gong Hoy Yum and Gong Ping Fong
Bought by
Wilkes Jeffrey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
5.62%

Purchase Details

Closed on
Sep 4, 2001
Sold by
Schneider Michael
Bought by
Gong Hoy Yum and Gong Ping Fong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.87%

Purchase Details

Closed on
Aug 31, 2001
Sold by
Schneider Loreen and Schneider Michael
Bought by
Schneider Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.87%

Purchase Details

Closed on
Aug 31, 1999
Sold by
Schneider Michael R
Bought by
Schneider Loreen and Schneider Michael

Purchase Details

Closed on
Feb 12, 1999
Sold by
Schneider Loreen
Bought by
Schneider Michael R
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 Buyer Sale Price Title Company
Shuster Vladimir V -- None Available
Shuster Vladimir V $1,150,000 Old Republic Title Company
Wilkes Jeffrey L -- --
Wilkes Jeffrey L -- First American Title Co
Wilkes Jeffrey L -- --
Wilkes Jeffrey L $825,000 First American Title Ins Co
Gong Hoy Yum $700,000 Old Republic Title Company
Schneider Michael -- Old Republic Title Company
Schneider Loreen -- --
Schneider Michael R -- Inter County Title Co
Schneider Michael R $535,000 Inter County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shuster Vladimir V $805,000
Previous Owner Wilkes Jeffrey L $525,000
Previous Owner Wilkes Jeffrey L $625,000
Previous Owner Gong Hoy Yum $480,000
Closed Wilkes Jeffrey L $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2016 05/23/16 Sold $1,150,000 -11.2% $379 / Sq Ft
04/23/2016 04/23/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $1,295,000 -- $427 / 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 $14,220 $1,361,360 $532,705 $828,655
2024 $14,220 $1,334,667 $522,260 $812,407
2023 $13,971 $1,308,498 $512,020 $796,478
2022 $13,833 $1,282,842 $501,981 $780,861
2021 $13,618 $1,257,689 $492,139 $765,550
2020 $13,420 $1,244,794 $487,093 $757,701
2019 $13,354 $1,220,388 $477,543 $742,845
2018 $13,054 $1,196,460 $468,180 $728,280
2017 $12,847 $1,173,000 $459,000 $714,000
2016 $9,038 $830,500 $251,500 $579,000
2015 $9,077 $830,500 $251,500 $579,000
2014 $8,712 $815,000 $247,000 $568,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Tahoe Association of REALTORS®

MLS Number: 125587

South Tahoe Association of REALTORS®

APN: 022-241-018-000