NOT LISTED FOR SALE

2031 Venice Dr Unit 315 South Lake Tahoe, CA 96150

Estimated Value: $625,779 - $798,000

3 Beds
3 Baths
1,440 Sq Ft
$530/mo HOA Fee

Last Sold July 27, 2018

Last sale price $456,000 $317 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,794/month

20 Days on Market

Highlights

  • Boat Dock
  • Home fronts a lagoon or estuary
  • Mountain View
  • Beach
  • Built-In Refrigerator
  • Deck

About This Home

As of July 2018

Beautifully remodeled and upgraded end unit offering downstairs living with 3 bedrooms, 3 full bathrooms, a large greenbelt area where the kids can play and a deep water dock just steps away. Upgrades include a new kitchen with granite counters and stainless steel appliances, updated bathrooms, gas fireplace, new floor coverings, new windows, composite decking and much more. The nicely furnished floor plan has a bedroom and bath on the main living level and a 2nd story master bedroom overlooking the water. Enjoy fantastic water views, boat to the lake, hike, bike, paddle board and all Tahoe Keys amenities from this attractive waterfront location!

Last Agent to Sell the Property

Peter Delilli

Sierra Sotheby's Int'l Realty License #00923047 Listed on: 05/10/2018

Sierra Sotheby's Int'l Realty

Last Buyer's Agent

Andrea King

Sierra Sotheby's Int'l Realty License #1957154

Sierra Sotheby's Int'l Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,178

Year Built

  • Built in 1970

Lot Details

  • Home fronts a lagoon or estuary
  • Fenced
  • Landscaped
  • Natural State Vegetation
  • Backyard Sprinklers
  • Lawn

HOA Fees

  • $530 Monthly HOA Fees

Parking

  • Additional Parking

Home Design

  • Wood Frame Construction
  • Built-Up Roof

Interior Spaces

  • 1,440 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Self Contained Fireplace Unit Or Insert
  • Double Pane Windows
  • Mountain Views
  • Crawl Space
  • Laundry in Bedroom

Kitchen

  • Electric Range
  • Built-In Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Outdoor Features

  • Docks
  • Deck
  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 022195131000

Community Details

Overview

  • Association fees include water, exterior maintenance, snow removal, roof repairs, refuse, insurance
  • St Moritz Townhouses 3 Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,178

Year Built

Built in 1970

Lot Details

0

HOA Fees

$530 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condominium
  • Location: Water Front, Backs to Lagoon
  • Additional Features: Furnished Per Invtry, Open Beam, Walk In Closet
  • Countertops: Granite
  • Master Bdrm Features: Shower/Tub Combo
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Stories: 2
  • Year Built: 1970
  • Directions: Tahoe Keys Blvd. left on Venice, right at first driveway past Christie Drive, 2031 Venice Drive
  • OFFICELIST_STATE: CA
  • FILLSUBDIVISION: St Moritz Townhouses 3
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Carpet, Vinyl
  • Windows: Double Pane
  • Master Bedroom: Yes
  • Bedrooms: 3
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Kitchen: Garbage Disposal, Refrigerator Blt-in, Microwave Built-in, Dishwasher Built-in, Electric Range
  • Fireplace Description: Insert - Gas
  • Laundry Location: Bathroom Combo
  • Price Per Square Foot: 316.67
  • Square Footage: 1440.00

Exterior Features

  • Construction: Wood Frame
  • Exterior: Storage Shed, Boat Dock
  • Fenced: Yes
  • Foundation: Concrete/Crawl Space
  • Landscaped: Back, Lawn, Natural
  • Patio Deck: Deck
  • Roof: Build-Up
  • Views: Mountains

Utilities

  • Sprinklers: Back
  • Heating/Cooling: Forced Air, Natural Gas
  • Utilities: ElectricityAvailable, NaturalGasAvailable

Condo/Co-op/Association

  • HOA Fees: 1590.00
  • Hoa Amenities: Tennis, Spa, Additional Parking, Beach, Dock, Pier, Park
  • Hoa Fee Frequency: Quarterly
  • H O A Includes: Water, Exterior Maintenance, Snow Removal, Roof Repairs, Refuse, Insurance

Association/Amenities

  • Entry Level Unit: 315

Lot Info

  • Acres: 0.0166
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 722.00
  • Price Per Acre: 27469879.52
  • Zoning: Single Family

Tax Info

  • Annual Taxes: 4178.00
  • Assessor Parcel Number: 022195131000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2018
Closed on
Jun 21, 2018
Sold by
Loimo Cynthia M
Bought by
Walton Richard Elmer
Seller's Agent
Peter Delilli
Sierra Sotheby's Int'l Realty
Buyer's Agent
Andrea King
Sierra Sotheby's Int'l Realty
List Price
$475,000
Sold Price
$456,000
Premium/Discount to List
-$19,000
-4%
Current Estimated Value
$722,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,695
Avg. Annual Appreciation
6.55%
Original Mortgage
$342,000
Outstanding Balance
$310,295
Interest Rate
6.99%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$412,400

Purchase Details

Closed on
Jul 27, 2001
Sold by
Uhthoff Ana Stella
Bought by
Ioimo Cynthia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,700
Interest Rate
7.19%

Purchase Details

Closed on
Jun 6, 2001
Sold by
Ioimo Lawrence N
Bought by
Ioimo Cynthia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,700
Interest Rate
7.19%
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
Walton Richard Elmer $456,000 Placer Title Company
Ioimo Cynthia M $295,000 Fidelity National Title Co
Ioimo Cynthia M -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walton Richard Elmer $342,000
Previous Owner Ioimo Cynthia M $159,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2018 07/27/18 Sold $456,000 -4.0% $317 / Sq Ft
05/30/2018 05/30/18 Pending -- -- --
05/10/2018 05/10/18 For Sale $475,000 -- $330 / 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 $5,692 $508,672 $150,592 $358,080
2024 $5,692 $498,699 $147,640 $351,059
2023 $6,023 $488,922 $144,746 $344,176
2022 $5,231 $479,336 $141,908 $337,428
2021 $5,150 $469,938 $139,126 $330,812
2020 $5,075 $465,120 $137,700 $327,420
2019 $5,051 $456,000 $135,000 $321,000
2018 $4,244 $382,992 $116,839 $266,153
2017 $4,178 $375,484 $114,549 $260,935
2016 $4,136 $372,122 $112,303 $259,819
2015 $4,097 $366,994 $110,617 $256,377
2014 $3,928 $359,494 $108,451 $251,043
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Tahoe Association of REALTORS®

MLS Number: 129192

South Tahoe Association of REALTORS®

APN: 022-195-013-000