NOT LISTED FOR SALE

2023 Kokanee Way South Lake Tahoe, CA 96150

Estimated Value: $1,832,000 - $2,342,000

4 Beds
4 Baths
2,982 Sq Ft
$706/Sq Ft Est. Value

Last Sold August 03, 2016

Last sale price $1,375,000 $461 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $12,734/month

57 Days on Market

Highlights

  • Marina
  • Boat or Launch Ramp
  • Spa
  • Docks
  • Pier or Dock
  • Lake View

About This Home

As of August 2016

LOOKING FOR an extraordinary and distinctive waterfront vacation home? This upgraded 3-story Tahoe Keys home is a MUST SEE! Situated in the eastern-most Kokanee Way cul-de-sac with wide water frontage, this home boasts a large U-shaped dock with over-water deck, 4 bedrooms, 4 baths and a game room complete with an indoor hot tub and built-in beer tap. Fall in love with the expansive rooftop deck with spectacular 360 degree views of Lake Tahoe, Mt. Tallac and the surrounding mountains. The chef's kitchen equipped with two dishwashers, double oven, 6-burner gas range, built-in coffee maker and 2 wine refrigerators will make entertaining a breeze. The home accommodates large groups with 2 washers, 2 dryers and 2 instant hot water heaters. The modern picture windows and 4 roof top skylights create a bright and airy ambiance that sets this home apart. Hop on your boat and be on the lake in just a few minutes from one of the closest addresses to the west channel in all of the Keys.

Last Agent to Sell the Property

Doug Rosner

Chase International - South La License #00710564 Listed on: 05/06/2016

Last Buyer's Agent

Joseph Olson

Chase International - South La License #01085490

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,895

Year Built

  • Built in 1976

Lot Details

  • 0.31 Acre Lot
  • Landscaped
  • Sprinkler System
  • Lawn

HOA Fees

  • $166 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • Mountain

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • 2,982 Sq Ft Home
  • Vaulted Ceiling
  • Self Contained Fireplace Unit Or Insert
  • Double Pane Windows
  • Vinyl Clad Windows
  • Entrance Foyer
  • Game Room
  • Laundry in Hall

Kitchen

  • Double Oven
  • Gas Range
  • Built-In Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • 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
  • Water Dispenser
  • Natural Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 022-251-65-100

Community Details

Overview

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

Recreation

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

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,895

Year Built

Built in 1976

Lot Details

0

HOA Fees

$166 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Location: Water Front
  • Additional Features: Hot Tub, Vaulted Ceilings, Open Beam, Skylight, Walk In Closet, Spa/Whirlpool
  • Countertops: Granite
  • Master Bdrm Features: Master Bath, Double Sinks, Jetted Tub, Stall Shower, Nat Stone Flooring, Slab Counters, Walk-In Closet
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Year Built: 1976
  • OFFICELIST_STATE: CA
  • FILLSUBDIVISION: Makai Isle
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Floor Covering: Wood, Natural Stone
  • Windows: Double Pane, Vinyl Frame
  • Master Bedroom: Yes
  • Bedrooms: 4
  • Bathrooms: 4.00
  • Full Bathrooms: 4
  • Kitchen: Garbage Disposal, Pantry, Microwave Built-in, Dishwasher Built-in, Gas Range, Double Oven, Hot Water Dispenser
  • Additional Rooms: Game Room, Entry/Foyer
  • Fireplace Description: Insert - Gas
  • Laundry Location: Hall Closet
  • Price Per Square Foot: 461.10
  • Square Footage: 2982.00

Exterior Features

  • Construction: Wood Frame, Wood Siding, Rock
  • Exterior: Spa/Hot Tub, Boat Dock
  • Foundation: Slab
  • Landscaped: Lawn, Fully Landscaped
  • Patio Deck: Deck
  • Roof: Pitched, See Remarks
  • Views: Mountains, Lake

Garage/Parking

  • Garage Type: Attached
  • Garage: 2.00

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 498.00
  • Hoa Amenities: Pool, Tennis, Spa, Security, Beach, Pier, Boat Launch, Marina, Park
  • Hoa Fee Frequency: Quarterly
  • H O A Includes: Water

Lot Info

  • Acres: 0.3127
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 13621.00
  • Price Per Acre: 4397185.80

Tax Info

  • Annual Taxes: 9895.00
  • Assessor Parcel Number: 022-251-65-100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2022
Sold by
Linch Shawn D
Bought by
Shawn Linch Living Trust
Current Estimated Value
$2,106,180

Purchase Details

Listed on
May 6, 2016
Closed on
Aug 1, 2016
Sold by
Lam Bonnie and The Bonnie Lam Trust
Bought by
Linch Shawn D
Seller's Agent
Doug Rosner
Chase International - South La
Buyer's Agent
Joseph Olson
Chase International - South La
List Price
$1,450,000
Sold Price
$1,375,000
Premium/Discount to List
-$75,000
-5.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.75%

Purchase Details

Closed on
Mar 29, 2007
Sold by
Lam Bonnie
Bought by
Lam Bonnie and Bonnie Lam Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$970,000
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2004
Sold by
Lam Bonnie
Bought by
Lam Bonnie and Bonnie Lam Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 10, 2004
Sold by
Thomas Todd and Thomas Joan
Bought by
Lam Bonnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 1999
Sold by
Lompa Richard
Bought by
Thomas Todd and Thomas Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
7.7%
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
Shawn Linch Living Trust -- Woodburn And Wedge
Linch Shawn D $1,375,000 Old Republic Title Company
Lam Bonnie -- Financial Title Company
Lam Bonnie -- Financial Title Company
Lam Bonnie -- --
Lam Bonnie $810,000 Placer Title Co
Thomas Todd $385,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lam Bonnie $970,000
Previous Owner Lam Bonnie $648,000
Previous Owner Thomas Todd $235,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2016 08/03/16 Sold $1,375,000 -5.2% $461 / Sq Ft
07/02/2016 07/02/16 Pending -- -- --
05/06/2016 05/06/16 For Sale $1,450,000 -- $486 / 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 $16,290 $1,560,985 $580,292 $980,693
2024 $16,290 $1,530,378 $568,914 $961,464
2023 $16,005 $1,500,371 $557,759 $942,612
2022 $15,847 $1,470,953 $546,823 $924,130
2021 $15,601 $1,442,111 $536,101 $906,010
2020 $15,373 $1,427,324 $530,604 $896,720
2019 $15,298 $1,399,338 $520,200 $879,138
2018 $14,954 $1,371,900 $510,000 $861,900
2017 $14,717 $1,345,000 $500,000 $845,000
2016 $9,853 $898,500 $506,000 $392,500
2015 $9,895 $898,500 $506,000 $392,500
2014 $8,877 $823,500 $463,500 $360,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Tahoe Association of REALTORS®

MLS Number: 125746

South Tahoe Association of REALTORS®

APN: 022-251-065-000