2003 Kokanee Way South Lake Tahoe, CA 96150
3
Beds
2.5
Baths
2,297
Sq Ft
8,217
Sq Ft Lot
Highlights
- Marina
- Boat or Launch Ramp
- Mountain View
- Docks
- Home fronts a lagoon or estuary
- Deck
About This Home
As of May 2025Enjoy the Tahoe Keys lifestyle from this beautiful 3 bedroom, 2.5 bath waterfront home. The gourmet kitchen, wet bar, vaulted ceilings, over water deck and game room make entertaining a pleasure. Outdoor living is fun and relaxing from the fully landscaped yard, multiple decks and large boat dock that is within fast/easy access to Lake Tahoe. This home will not disappoint you and neither will the price. And yes, it is furnished per inventory list.
Last Agent to Sell the Property
Chase International - South La License #00838770 Listed on: 08/30/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,559
Year Built
- Built in 1989
Lot Details
- 8,217 Sq Ft Lot
- Home fronts a lagoon or estuary
- Fenced
- Landscaped
- Sprinkler System
HOA Fees
- $172 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Wood Frame Construction
- Pitched Roof
- Composition Roof
- Wood Siding
- Masonry Siding
Interior Spaces
- 2,297 Sq Ft Home
- 2-Story Property
- Wet Bar
- Furnished
- Vaulted Ceiling
- Self Contained Fireplace Unit Or Insert
- Double Pane Windows
- Entrance Foyer
- Great Room
- Family Room
- Mountain Views
- Crawl Space
- Home Security System
- Laundry Room
Kitchen
- Oven
- Gas Range
- Built-In Microwave
- Dishwasher
- Granite Countertops
- Tile Countertops
- Disposal
Flooring
- Carpet
- Laminate
- Stone
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Tile Bathroom Countertop
- Dual Sinks
- Jetted Tub and Shower Combination in Primary Bathroom
Outdoor Features
- Boat or Launch Ramp
- Docks
- Deck
- Covered patio or porch
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Underground Utilities
- Community Well
- Natural Gas Water Heater
- High Speed Internet
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 022-251-59-100
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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 13, 2025
Closed on
Jun 9, 2025
Sold by
Kohl Mike and Kohl Michael James
Bought by
Michael And Donnarose Kohl Family Trust and Kohl
Seller's Agent
Joseph Olson
Chase International - South La
Buyer's Agent
Mike Kohl
Michael Kohl, BROKER
List Price
$1,779,000
Sold Price
$1,687,000
Premium/Discount to List
-$92,000
-5.17%
Views
29
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.19%
Original Mortgage
$550,000
Outstanding Balance
$550,000
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$1,132,165
Purchase Details
Listed on
Mar 13, 2025
Closed on
May 2, 2025
Sold by
Mary Chris J and Mary Ann
Bought by
Kohl Mike and Kohl Donnarose
Seller's Agent
Joseph Olson
Chase International - South La
Buyer's Agent
Mike Kohl
Michael Kohl, BROKER
List Price
$1,779,000
Sold Price
$1,687,000
Premium/Discount to List
-$92,000
-5.17%
Views
29
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Outstanding Balance
$550,000
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$1,132,165
Purchase Details
Closed on
Sep 17, 2019
Sold by
Kirschenheuter Chris and Kirschenheuter Mary Ann
Bought by
Kirschenheuter Chris J and Kirschenheuter Mary Ann
Purchase Details
Listed on
Aug 30, 2017
Closed on
Oct 3, 2017
Sold by
Mertens Lynne G and Mertens Heinz R
Bought by
Kirschenheuter Chris and Kirschenheuter Mary Ann
Seller's Agent
Adele Lucas
Chase International - South La
Buyer's Agent
Joseph Olson
Chase International - South La
List Price
$979,000
Sold Price
$971,000
Premium/Discount to List
-$8,000
-0.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.34%
Original Mortgage
$776,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Apr 11, 2005
Sold by
Tipton Warren E
Bought by
Schmidt Family Trust and Mertens Family Trust
Purchase Details
Closed on
Sep 29, 2004
Sold by
Schmidt Leslie T
Bought by
Schmidt Leslie T and Schmidt Daniel Howard
Purchase Details
Closed on
Apr 15, 2003
Sold by
Mertens Lynne G
Bought by
Mertens Lynne G and Mertens Heinz R
Purchase Details
Closed on
Mar 29, 2002
Sold by
Tipton Wiley E
Bought by
Mertens Lynn G and Schmidt Leslie G
Purchase Details
Closed on
Dec 16, 2000
Sold by
Mertens Lynne G and Schmidt Leslie G
Bought by
Schmidt Leslie G and Tipton Warren E
Purchase Details
Closed on
Jun 22, 1999
Sold by
Tipton Betty J
Bought by
Tipton Betty J and Tipton 1999 Personal R Betty J
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | California Best Title | |
| Grant Deed | $1,687,000 | Old Republic Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $971,000 | Old Republic Title Company | |
| Quit Claim Deed | $225,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | $132,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $550,000 | New Conventional | |
| Previous Owner | $495,000 | New Conventional | |
| Previous Owner | $776,000 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/09/2025 05/09/25 | Sold | $1,687,000 | -5.2% | $734 / Sq Ft |
| 04/24/2025 04/24/25 | Pending | -- | -- | -- |
| 04/22/2025 04/22/25 | Price Changed | $1,779,000 | 0.0% | $774 / Sq Ft |
| 04/22/2025 04/22/25 | For Sale | $1,779,000 | +5.5% | $774 / Sq Ft |
| 03/24/2025 03/24/25 | Off Market | $1,687,000 | -- | -- |
| 03/13/2025 03/13/25 | For Sale | $1,749,000 | +80.1% | $761 / Sq Ft |
| 10/30/2017 10/30/17 | Sold | $971,000 | -0.8% | $423 / Sq Ft |
| 09/02/2017 09/02/17 | Pending | -- | -- | -- |
| 08/30/2017 08/30/17 | For Sale | $979,000 | -- | $426 / Sq Ft |
Source: South Tahoe Association of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $11,559 | $1,083,166 | $557,758 | $525,408 |
| 2023 | $11,357 | $1,061,928 | $546,822 | $515,106 |
| 2022 | $11,245 | $1,041,106 | $536,100 | $505,006 |
| 2021 | $11,070 | $1,020,693 | $525,589 | $495,104 |
| 2020 | $10,909 | $1,010,228 | $520,200 | $490,028 |
| 2019 | $10,856 | $990,420 | $510,000 | $480,420 |
| 2018 | $10,613 | $971,000 | $500,000 | $471,000 |
| 2017 | $9,550 | $869,688 | $334,620 | $535,068 |
| 2016 | $8,305 | $756,000 | $291,000 | $465,000 |
| 2015 | $8,147 | $756,000 | $291,000 | $465,000 |
| 2014 | $8,147 | $755,000 | $290,500 | $464,500 |
Source: Public Records
Agents Affiliated with this Home
-
J
Seller's Agent in 2025
Joseph Olson
Chase International - South La
-
M
Buyer's Agent in 2025
Mike Kohl
Michael Kohl, BROKER
-
A
Seller's Agent in 2017
Adele Lucas
Chase International - South La
Map
Source: South Tahoe Association of REALTORS®
MLS Number: 128207
APN: 022-251-059-000
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© 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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