NOT LISTED FOR SALE

2196 Morro Dr South Lake Tahoe, CA 96150

Estimated Value: $998,653 - $1,135,000

3 Beds
2 Baths
1,627 Sq Ft
$657/Sq Ft Est. Value

Last Sold May 09, 2019

Last sale price $755,000 $464 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $6,550/month

12 Days on Market

Highlights

  • Marina
  • Boat or Launch Ramp
  • Clubhouse
  • Docks
  • Pier or Dock
  • Deck

About This Home

As of May 2019

Cute as a button and not a project left to do. This single story ranch home has benefitted fully from its current owner's energy and love. Fresh paint inside and out. New doors and window treatments. Updated kitchen cabinets, doors and carpeting. The master bathroom has been completely updated for aesthetics and functionality. There is a high efficient HVAC system and smart phone programmable thermostat so the house will be warm and cozy when you arrive, and the heat will never be left on when you leave. Offered mostly furnished this house is truly turn key. In addition to the personal dock out the back door, you have access the the amenities of the Tahoe Keys neighborhood which include, tennis courts, indoor and outdoor pools, pier, marina, private beach, spa and playgrounds.

Last Agent to Sell the Property

Karen Grant

Realty World Lake Tahoe License #01970498 Listed on: 03/18/2019

Realty World Lake Tahoe

Last Buyer's Agent

Stan Freeman

Berkshire Hathaway HS - SLT License #01366807

Berkshire Hathaway HS - SLT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,835

Year Built

  • Built in 1966

Lot Details

  • 7,613 Sq Ft Lot
  • Landscaped
  • Sprinkler System
  • Lawn

HOA Fees

  • $209 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Additional Parking

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,627 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Crawl Space
  • Home Security System

Kitchen

  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Boat or Launch Ramp
  • Docks
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Natural Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 022031351000

Community Details

Overview

  • Association fees include water
  • Tahoe Keys Units 2 Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Sauna
  • Clubhouse

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

$8,835

Year Built

Built in 1966

Lot Details

0

HOA Fees

$209 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Location: Water Front
  • Additional Features: Garage Door Opener, Security System, Furnished Per Invtry
  • AV Comments: Visual surveillance inside and out.
  • AV Surveillance: Yes
  • Countertops: Granite
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Stories: 1
  • Year Built: 1966
  • Directions: From Tahoe Keys Blvd, Left on Venice Drive. Right on Danube Drive, Left on Morro Drive. House is on the Left.
  • OFFICELIST_STATE: CA
  • FILLSUBDIVISION: Tahoe Keys Units 2
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Carpet, Laminate
  • Windows: Double Pane, Vinyl Frame
  • Bedrooms: 3
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Kitchen: Garbage Disposal, Dishwasher Built-in
  • Fireplace Description: Open Fireplace
  • Price Per Square Foot: 464.04
  • Square Footage: 1627.00

Exterior Features

  • Construction: Wood Frame
  • Exterior: Boat Dock
  • Foundation: Concrete/Crawl Space
  • Landscaped: Front, Back, Lawn
  • Patio Deck: Patio, Deck
  • Roof: Composition

Garage/Parking

  • Garage Type: Attached
  • Garage: 2.00

Utilities

  • Sprinklers: Full Sprinklers
  • Heating/Cooling: Forced Air, Natural Gas, Central Refrig. A/C
  • Utilities: ElectricityAvailable, NaturalGasAvailable, City Water, City Sewer, Cable TV, Telephone, High Speed Internet, Underground Utility
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • HOA Fees: 626.00
  • Hoa Amenities: Pool, Tennis, Sauna, Spa, Club House, Additional Parking, Security, Beach, Pier, Boat Launch, Marina, Park
  • Hoa Fee Frequency: Quarterly
  • H O A Includes: Water

Lot Info

  • Acres: 0.1748
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 7613.00
  • Price Per Acre: 4319221.97
  • Zoning: Single Family

Green Features

  • Green Features: High Efficiency Furn

Tax Info

  • Assessor Parcel Number: 022031351000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2019
Closed on
May 3, 2019
Sold by
C & J Pitau 2013 Trust
Bought by
2006 Craig A Cummings & Irene M Otten Tr
Seller's Agent
Karen Grant
Realty World Lake Tahoe
Buyer's Agent
Stan Freeman
Berkshire Hathaway HS - SLT
List Price
$755,000
Sold Price
$755,000
Current Estimated Value
$1,068,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,663
Avg. Annual Appreciation
5.52%
Original Mortgage
$453,000
Outstanding Balance
$396,653
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$672,010

Purchase Details

Closed on
Oct 20, 2014
Sold by
Pitau Craig and Pitau Julia
Bought by
C & J Pitau 2013 Trust

Purchase Details

Listed on
May 20, 2014
Closed on
Jun 25, 2014
Sold by
Lee Susan R
Bought by
Pitau Craig and Pitau Julia
Seller's Agent
Dan Spano
Compass
Buyer's Agent
Trish Hall
Realty World Lake Tahoe
List Price
$595,000
Sold Price
$595,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.30%
Original Mortgage
$474,950
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 1999
Sold by
Lee Randall A and Lee Susan R
Bought by
Lee Randall A and Lee Susan R

Purchase Details

Closed on
Feb 14, 1996
Sold by
Hamilton Charles C and Hamilton Jill
Bought by
Lee Randall A and Lee Susan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,650
Interest Rate
6.99%
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
2006 Craig A Cummings & Irene M Otten Tr $755,000 Old Republic Title Company
C & J Pitau 2013 Trust -- None Available
Pitau Craig $595,000 Old Republic Title Company
Lee Susan R -- Old Republic Title Company
Lee Randall A -- --
Lee Randall A $190,000 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2006 Craig A Cummings & Irene M Otten Tr $453,000
Previous Owner Pitau Craig $474,950
Previous Owner Lee Randall A $151,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/09/2019 05/09/19 Sold $755,000 0.0% $464 / Sq Ft
03/30/2019 03/30/19 Pending -- -- --
03/18/2019 03/18/19 For Sale $755,000 +26.9% $464 / Sq Ft
07/01/2014 07/01/14 Sold $595,000 0.0% $366 / Sq Ft View Prior Sale
05/22/2014 05/22/14 Pending -- -- --
05/20/2014 05/20/14 For Sale $595,000 -- $366 / 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 $8,835 $842,211 $418,317 $423,894
2024 $8,835 $825,698 $410,115 $415,583
2023 $8,681 $809,509 $402,074 $407,435
2022 $8,596 $793,638 $394,191 $399,447
2021 $8,462 $778,077 $386,462 $391,615
2020 $8,339 $770,100 $382,500 $387,600
2019 $7,061 $641,042 $323,215 $317,827
2018 $6,903 $628,474 $316,878 $311,596
2017 $6,794 $616,152 $310,665 $305,487
2016 $6,655 $604,072 $304,574 $299,498
2015 $6,584 $595,000 $300,000 $295,000
2014 $2,834 $256,920 $135,507 $121,413
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Tahoe Association of REALTORS®

MLS Number: 130509

South Tahoe Association of REALTORS®

APN: 022-031-035-000