NOT LISTED FOR SALE

206 Observation Dr Tahoe City, CA 96145

Estimated Value: $1,945,000 - $2,345,000

4 Beds
3.5 Baths
2,687 Sq Ft
$829/Sq Ft Est. Value

Last Sold February 24, 2016

Last sale price $1,364,000 $508 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $13,585/month

5 Days on Market

Highlights

  • Community Beach Access
  • Pier
  • Living Room with Fireplace
  • North Tahoe School Rated A
  • View of Trees or Woods
  • Mountain Architecture

About This Home

As of February 2016

The Dollar Point opportunity you have been waiting for has arrived. Finally a turnkey, fully furnished home with the perfect layout that is ready to enjoy. An effortless purchase, the way a vacation home should be. A great room to create memories with its fireplace and huge, open-flow kitchen. Bedrooms for all, including a junior suite for guests. Walking distance to Dollar Point's famous amenities. Don’t forget the private beach with pier and buoy use for the summer. Incredible income potential.

Last Agent to Sell the Property

Mike Marrone

Wells and Bennett License #01948344 Listed on: 01/15/2016

Wells and Bennett

Last Buyer's Agent

Bruce Soli CRS, CDPE, CLHMS, NV

Engel & Volkers Truckee License #01497824

Engel & Volkers Truckee

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,701

Year Built

  • Built in 1999

Lot Details

  • 9,583 Sq Ft Lot
  • Level Lot

HOA Fees

  • $73 Monthly HOA Fees

Home Design

  • Mountain Architecture
  • Composition Roof

Interior Spaces

  • 2,687 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Living Room with Fireplace
  • Views of Woods

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Pier
  • Multiple Outdoor Decks

Utilities

  • Hydronic Heating System
  • Heating System Uses Natural Gas
  • Utility District

Community Details

Overview

  • North Laketahoe Community

Recreation

  • Community Beach Access
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,701

Year Built

Built in 1999

Lot Details

0

HOA Fees

$73 per month

Listing Details

  • Age: 15-20 Years
  • Estimated Lot Size: 0 - .255
  • Community: North LakeTahoe
  • Directions: Turn on Dollar Drive. Left on Observation Drive. Home is on right.
  • Number of Acres: 0.22
  • Service Type: Full Service
  • Setting: Street
  • Sub-Area: 3NR
  • Sub-Status: Standard
  • Topography: Level
  • Year Built: 1999
  • Other: Central Vacuum, High Ceilings, Landscaping, Swimming Pool, Tennis Court
  • Sewer: Utility District
  • Estimated Sq Ft: ASSESSOR
  • Architecture: Mountain
  • Sign YN: Y
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Heating: Natural Gas, CFAH, Hydronic
  • Estimated Sq Ft: 2687
  • Stories: Two
  • Gas: Natural
  • Water: Utility District
  • Appliances: Range, Oven, Microwave, Disposal, Dishwasher, Compact, Refrigerator, Washer, Dryer
  • Fireplace: Living Room, Stone
  • Furnished: Mostly
  • Bathrooms: 3.5
  • Bedrooms: 4
  • Floor Coverings: Mixed

Exterior Features

  • View: Wooded
  • Waterfront Amenities: Buoy, Pier
  • Roof: Composition
  • Decks: 2
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: Two
  • Garage/Parking: Attached, Gar Door Opener

Utilities

  • Laundry: Room

Condo/Co-op/Association

  • HOA Amenities: Beach Access, Pool, Tennis Courts
  • HOA Fees: 880
  • HOA Fee Frequency: Y
  • HOA Membership: Y

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2016
Closed on
Feb 19, 2016
Sold by
Pfeifer John C and Pfeifer Eileen M
Bought by
Berlogar Barbara A and Allen Jim E
Seller's Agent
Mike Marrone
Wells and Bennett
Buyer's Agent
Bruce Soli CRS, CDPE, CLHMS, NV
Engel & Volkers Truckee
List Price
$1,349,000
Sold Price
$1,364,000
Premium/Discount to List
$15,000
1.11%
Current Estimated Value
$2,226,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$862,356
Avg. Annual Appreciation
5.28%
Original Mortgage
$849,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2007
Sold by
Berlogar Frank and Berlogar Barbara
Bought by
Pfeifer John C and Pfeifer Eileen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 8, 2002
Sold by
Berlogar Frank and Berlogar Barbara
Bought by
Berlogar Frank and Berlogar Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,500
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 14, 1999
Sold by
Thompson Emerson E and Thompson Marjorie F
Bought by
Berlogar Frank and Berlogar Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 1994
Sold by
Tsunoda Takashi and Tsunoda Joyce
Bought by
Thompson Emerson E and Thompson Marjorie F
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
Berlogar Barbara A $1,364,000 First American Title Company
Pfeifer John C $1,320,000 First American Title Company
Berlogar Frank -- Fidelity Title
Berlogar Frank $520,000 First American Title Ins Co
Thompson Emerson E $60,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Jim E $592,700
Closed Berlogar Barbara A $849,000
Previous Owner Pfeifer John C $652,000
Previous Owner Pfeifer John C $650,000
Previous Owner Pfeifer John C $696,000
Previous Owner Pfeifer John Charles $700,000
Previous Owner Pfeifer John C $700,000
Previous Owner Berlogar Frank $832,000
Previous Owner Berlogar Frank $360,000
Previous Owner Berlogar Frank $351,500
Previous Owner Berlogar Frank $360,000
Previous Owner Berlogar Frank $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2016 02/24/16 Sold $1,364,000 +1.1% $508 / Sq Ft
01/20/2016 01/20/16 Pending -- -- --
01/15/2016 01/15/16 For Sale $1,349,000 -- $502 / Sq Ft
Source: Tahoe Sierra Board 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 $17,701 $1,614,694 $473,516 $1,141,178
2023 $17,701 $1,551,995 $455,130 $1,096,865
2022 $17,264 $1,521,564 $446,206 $1,075,358
2021 $16,605 $1,491,730 $437,457 $1,054,273
2020 $16,628 $1,476,435 $432,972 $1,043,463
2019 $16,802 $1,447,486 $424,483 $1,023,003
2018 $16,061 $1,419,105 $416,160 $1,002,945
2017 $15,682 $1,391,280 $408,000 $983,280
2016 $11,882 $1,030,000 $357,700 $672,300
2015 $11,485 $1,431,715 $497,274 $934,441
2014 $9,724 $850,000 $300,000 $550,000
Source: Public Records

Agents Affiliated with this Home

  • Mike Marrone

    Seller's Agent in 2016

    Mike Marrone

    Wells and Bennett

    (530) 580-8433

    4 in this area

    21 Total Sales

    Mike Marrone
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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20160086

Tahoe Sierra Board of REALTORS®

APN: 093-360-022

California Placer County Tahoe City 96145

206 Observation Dr, Tahoe City, CA

This home is located at 206 Observation Dr, Tahoe City, CA 96145 since 15 January 2016 and is currently estimated at $2,226,356, approximately $828 per square foot. This property was built in 1999. 206 Observation Dr is a home located in Placer County with nearby schools including North Tahoe School, Tahoe Lake Elementary School, and North Tahoe High School.

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