NOT LISTED FOR SALE

2214 Inverness Dr South Lake Tahoe, CA 96150

Estimated Value: $836,000 - $1,206,000

3 Beds
2 Baths
2,101 Sq Ft
$492/Sq Ft Est. Value

Last Sold February 23, 2016

Last sale price $509,000 $242 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $6,101/month

27 Days on Market

Highlights

  • Marina
  • Boat Dock
  • Clubhouse
  • Lake Front
  • Boat or Launch Ramp
  • Deck

About This Home

As of February 2016

Lots of potential with this Tahoe Keys lakefront home with a dock out the back. With the low lake level, the dock was on the dirt this fall, but El Nino seems to have hit and hopefully the lake level will rise by next summer when it's time to drop your boat in. The house has 3 bedrooms and 2 bathrooms and is in an excellent location in the highly desirable Tahoe Keys area. You can walk to common areas including park, tennis courts and indoor pool with outdoor spas. Private beach access is just down the road, as well as a playground and outdoor pool (in summer). Some improvements on property were not done with permits. Upstairs is only to be used for storage unless interior stairs are brought up to code. Listing agent has been in touch with the building department. Call agent for more details. Price reflects current condition. Seller is very motivated! Wood burning stove insert will likely need to be removed at COE. Open permit for window replacement good thru 5/5/16.

Last Agent to Sell the Property

Jennifer Peterson

Jennifer Peterson, Broker License #01786443 Listed on: 12/11/2015

Last Buyer's Agent

Jennifer Peterson

Jennifer Peterson, Broker License #01786443 Listed on: 12/11/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,666

Year Built

  • Built in 1975

Lot Details

  • 7,836 Sq Ft Lot
  • Lake Front
  • Cul-De-Sac
  • Fenced

HOA Fees

  • $163 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Property Views

  • Lake
  • Mountain

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,101 Sq Ft Home
  • Wet Bar
  • Free Standing Fireplace
  • Carpet
  • Laminate Countertops
  • Laundry in Garage

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Boat or Launch Ramp
  • Docks
  • Deck
  • Patio

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 022-051-45-100

Community Details

Overview

  • Tahoe Keys 01 Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

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

Additional Features

  • Clubhouse
  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,666

Year Built

Built in 1975

Lot Details

0

HOA Fees

$163 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Location: Cul-De-Sac, Lake Front, Water Front
  • Additional Features: Wet Bar
  • Countertops: Laminate
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Year Built: 1975
  • Directions: Tahoe Keys Blvd. toward the lake, left on Capri, left on Inverness. House is on the left.
  • OFFICELIST_STATE: CA
  • FILLSUBDIVISION: Tahoe Keys 01
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Floor Covering: Carpet
  • Bedrooms: 3
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Fireplace Description: Freestanding -Wood
  • Laundry Location: Garage
  • Price Per Square Foot: 242.27
  • Square Footage: 2101.00

Exterior Features

  • Construction: Wood Siding
  • Exterior: Boat Dock
  • Fenced: Yes
  • Patio Deck: Deck, Uncovered
  • Roof: Composition
  • Views: Mountains, Lake

Garage/Parking

  • Garage Type: Attached
  • Garage: 1.00

Utilities

  • Heating/Cooling: Forced Air
  • Utilities: ElectricityAvailable, NaturalGasAvailable, City Water, City Sewer
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • HOA Fees: 490.00
  • Hoa Amenities: Pool, Tennis, Spa, Club House, Security, Beach, Dock, Pier, Boat Launch, Marina, Park
  • Hoa Fee Frequency: Quarterly

Lot Info

  • Acres: 0.1799
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 7836.00
  • Price Per Acre: 2829349.64

Tax Info

  • Annual Taxes: 6666.00
  • Assessor Parcel Number: 022-051-45-100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2015
Closed on
Feb 22, 2016
Sold by
Turner Crislayne and Estate Of Reid E Olson
Bought by
Olson Brian A
Seller's Agent
Jennifer Peterson
Jennifer Peterson, Broker
Buyer's Agent
Jennifer Peterson
Jennifer Peterson, Broker
List Price
$599,000
Sold Price
$509,000
Premium/Discount to List
-$90,000
-15.03%
Current Estimated Value
$1,033,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$524,378
Avg. Annual Appreciation
7.59%
Original Mortgage
$457,591
Outstanding Balance
$363,117
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$670,261

Purchase Details

Closed on
May 26, 2004
Sold by
Berry Patty
Bought by
Olson Reid E

Purchase Details

Closed on
Apr 28, 2004
Sold by
Olson Reid E
Bought by
Olson Reid E and Berry Patty
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Olson Brian A $509,000 Placer Title Company
Olson Reid E -- --
Olson Reid E -- Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Brian A $457,591
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2016 02/23/16 Sold $509,000 -15.0% $242 / Sq Ft
01/07/2016 01/07/16 Pending -- -- --
12/11/2015 12/11/15 For Sale $599,000 -- $285 / 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 $6,350 $602,545 $355,136 $247,409
2024 $6,350 $590,731 $348,173 $242,558
2023 $6,239 $579,149 $341,347 $237,802
2022 $6,178 $567,794 $334,654 $233,140
2021 $6,082 $561,072 $328,093 $232,979
2020 $6,090 $559,955 $324,729 $235,226
2019 $6,072 $550,053 $318,362 $231,691
2018 $5,832 $529,563 $312,120 $217,443
2017 $5,740 $519,180 $306,000 $213,180
2016 $5,623 $496,456 $229,446 $267,010
2015 $2,395 $575,000 $226,000 $349,000
2014 $4,134 $378,863 $132,412 $246,451
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: South Tahoe Association of REALTORS®

MLS Number: 125206

South Tahoe Association of REALTORS®

APN: 022-051-045-000