NOT LISTED FOR SALE

1990 Kokanee Way South Lake Tahoe, CA 96150

Estimated Value: $2,793,000 - $3,631,000

5 Beds
3.5 Baths
4,085 Sq Ft
$821/Sq Ft Est. Value

Last Sold August 28, 2017

Last sale price $2,175,000 $532 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $20,181/month

303 Days on Market

Highlights

  • Marina
  • Boat or Launch Ramp
  • Home fronts a lagoon or estuary
  • Docks
  • Spa
  • Built-In Refrigerator

About This Home

As of August 2017

Exquisetly refurbished this spacious 5 bedroom waterfront home satisfies most wishlists.The downstairs living plan is highlighted by: French White Oak floors; all new plumbing, electrical, drywall, lighting and in floor heating. Pets will love their own dog wash shower! The gourmet kitchen features creative custom cabinetry and high end appliances from Wolf, Miele and thermador. A Nanowall opens out to a lanai-style deck with built in electric heaters to warm you as you enjoy a toddy and a dip in the hot tub. An overwater deck, lavish landscaping and a large dock punctuate the superlative quality and setting of this double lot property. It's magnificently furnished and ready to enjoy.

Last Agent to Sell the Property

Adele Lucas

Chase International - South La License #00838770 Listed on: 09/26/2016

Last Buyer's Agent

Terry Laymance

Chase International - South La License #00691673

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,838

Year Built

  • Built in 1989

Lot Details

  • 0.35 Acre Lot
  • Home fronts a lagoon or estuary
  • Landscaped
  • Sprinkler System

HOA Fees

  • $166 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Masonry Siding
  • Stucco

Interior Spaces

  • 4,085 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Self Contained Fireplace Unit Or Insert
  • Double Pane Windows
  • Low Emissivity Windows
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Combination Dining and Living Room
  • Home Office
  • Game Room
  • Mountain Views
  • Crawl Space
  • Home Security System
  • Laundry Room

Kitchen

  • Double Oven
  • Built-In Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Stone Countertops
  • Prep Sink
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Jetted Tub in Primary Bathroom
  • Steam Shower

Outdoor Features

  • Spa
  • Boat or Launch Ramp
  • Docks
  • Deck
  • Patio
  • Front Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 022-251-87-100

Community Details

Overview

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

Recreation

  • Marina
  • Beach
  • Tennis Courts
  • Community Pool
  • Community Spa
  • Park

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,838

Year Built

Built in 1989

Lot Details

0

HOA Fees

$166 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Style: Contemporary
  • Location: Water Front, Backs to Lagoon
  • Additional Features: Garage Door Opener, Security System, Hot Tub, Furnished Per Invtry
  • Countertops: Natural Stone, Slab
  • Master Bdrm Features: Master Bath, Double Sinks, Jetted Tub, Steam Shower, Walk-In Closet
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Stories: 2
  • Year Built: 1989
  • OFFICELIST_STATE: CA
  • FILLSUBDIVISION: Makai Isle
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Carpet, Tile, Wood, Natural Stone
  • Windows: Double Pane
  • Master Bedroom: Yes
  • Bedrooms: 5
  • Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Kitchen: Garbage Disposal, Trash Compactor, Refrigerator Blt-in, Microwave Built-in, Dishwasher Built-in, Double Oven, Veggie Sink
  • Additional Rooms: Office/Den, Living/Dining Combo, Game Room, Entry/Foyer, Mud Room, Great Room
  • Fireplace Description: Insert - Gas
  • Laundry Location: Laundry Room
  • Price Per Square Foot: 532.44
  • Square Footage: 4085.00

Exterior Features

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

Garage/Parking

  • Garage Type: Attached
  • Garage: 3.00

Utilities

  • Sprinklers: Full Sprinklers
  • Heating/Cooling: Natural Gas, Radiant Heat-Floor
  • 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: 1992.00
  • Hoa Amenities: Pool, Tennis, Spa, Security, Beach, Boat Launch, Marina, Park
  • Hoa Fee Frequency: Annually
  • H O A Includes: Water

Lot Info

  • Acres: 0.3477
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 15146.00
  • Price Per Acre: 6255392.58

Green Features

  • Green Features: Low E Windows, Radiant Heat

Tax Info

  • Assessor Parcel Number: 022-251-87-100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2016
Closed on
Aug 22, 2017
Sold by
Erickson Andrew and Kashevaroff Felicia Monique
Bought by
Touche Steven David and Touche Perri Sundt
Seller's Agent
Adele Lucas
Chase International - South La
Buyer's Agent
Terry Laymance
Chase International - South La
List Price
$2,350,000
Sold Price
$2,175,000
Premium/Discount to List
-$175,000
-7.45%
Current Estimated Value
$3,355,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,180,718
Avg. Annual Appreciation
5.50%
Original Mortgage
$1,740,000
Outstanding Balance
$1,454,629
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$1,901,089

Purchase Details

Listed on
Jun 29, 2012
Closed on
Aug 30, 2012
Sold by
Erickson Andrew and Kashcvaroff Felicia Monique
Bought by
Erickson Andrew and Kashcvaroff Felicia Monique
Seller's Agent
Sheila Edner
Chase International - South La
Buyer's Agent
Kelly Flaherty
Engel & Völkers
List Price
$889,000
Sold Price
$850,000
Premium/Discount to List
-$39,000
-4.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.72%
Original Mortgage
$637,500
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 29, 2012
Closed on
Aug 29, 2012
Sold by
Lehman Gloria A and Martin Sandra A
Bought by
Erickson Andrew and Kashcvaroff Felicia Monique
Seller's Agent
Sheila Edner
Chase International - South La
Buyer's Agent
Kelly Flaherty
Engel & Völkers
List Price
$889,000
Sold Price
$850,000
Premium/Discount to List
-$39,000
-4.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,500
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2011
Sold by
Lehman Gloria A and Martin Sandra A
Bought by
Lehman Gloria A and Martin Sandra A
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
Touche Steven David $2,175,000 Old Republic Title Company
Erickson Andrew -- Old Republic Title Company
Erickson Andrew $850,000 Old Republic Title Company
Lehman Gloria A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Touche Steven David $1,740,000
Previous Owner Erickson Andrew $637,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/28/2017 08/28/17 Sold $2,175,000 -7.4% $532 / Sq Ft
07/26/2017 07/26/17 Pending -- -- --
09/26/2016 09/26/16 For Sale $2,350,000 +176.5% $575 / Sq Ft
08/31/2012 08/31/12 Sold $850,000 -4.4% $261 / Sq Ft View Prior Sale
07/24/2012 07/24/12 Pending -- -- --
06/29/2012 06/29/12 For Sale $889,000 -- $273 / 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 $25,838 $2,481,466 $967,152 $1,514,314
2024 $25,838 $2,432,811 $948,189 $1,484,622
2023 $25,385 $2,385,110 $929,598 $1,455,512
2022 $25,134 $2,338,344 $911,371 $1,426,973
2021 $24,742 $2,292,495 $893,501 $1,398,994
2020 $24,382 $2,268,990 $884,340 $1,384,650
2019 $24,197 $2,218,500 $867,000 $1,351,500
2018 $23,652 $2,175,000 $850,000 $1,325,000
2017 $11,649 $1,062,744 $344,835 $717,909
2016 $11,158 $1,018,673 $338,074 $680,599
2015 $10,586 $1,003,374 $332,997 $670,377
2014 $10,586 $983,722 $326,475 $657,247
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Tahoe Association of REALTORS®

MLS Number: 126638

South Tahoe Association of REALTORS®

APN: 022-251-087-000