Seller's Agent in 2023
Gregory Ochoa
Mountain Luxury Properties
(775) 339-1919
98 in this area
151 Total Sales
2587 Bertha Ave South Lake Tahoe, CA 96150
Estimated Value: $470,000 - $516,754
2
Beds
2
Baths
960
Sq Ft
$517/Sq Ft
Est. Value
Highlights
- Double Pane Windows
- Wood Siding
- 1-Story Property
- High Speed Internet
About This Home
As of November 2023Discover an exceptional investment opportunity in the heart of South Lake Tahoe, where the perfect duplex awaits. This prime property boasts proximity to an array of restaurants, bars, and shopping, all while providing convenient access to the picturesque hiking and biking trails of the region. Comprising a total of 960 square feet, each of the two units offers a comfortable 1-bedroom, 1-bathroom layout, complemented by its own private backyard.Well maintained, this charming duplex showcases laminate flooring and vinyl windows in both units. Each unit comes fully equipped with essential appliances, including refrigerators, electric ranges/stoves, and wall heaters. The bathrooms feature tile floors and stall showers, adding to the overall appeal.What sets this investment apart is not only its affordability but also the ease of managing just two units. This charming duplex presents an effective investment opportunity with the potential to live in one unit while renting out the other, or strategically update both to command higher monthly rates.
Last Agent to Sell the Property
Mountain Luxury Properties License #01725318 Listed on: 09/15/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,379
Year Built
- Built in 1960
Lot Details
- 4,792 Sq Ft Lot
Parking
- 3 Parking Spaces
Home Design
- Duplex
- Wood Frame Construction
- Shingle Roof
- Composition Roof
- Wood Siding
Interior Spaces
- 2 Bedrooms
- 960 Sq Ft Home
- 1-Story Property
- Double Pane Windows
- Vinyl Clad Windows
- Crawl Space
Utilities
- Heating System Mounted To A Wall or Window
- Natural Gas Water Heater
- High Speed Internet
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 031153018000
Community Details
Overview
- 2 Units
- Unavail Subdivision
Building Details
- Gross Income $29,100
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 15, 2023
Closed on
Nov 2, 2023
Sold by
Chih-Hao Michael Chen and Chih-Hao Elizabeth Sarah
Bought by
Oneill Mackenzie J
Seller's Agent
Gregory Ochoa
Mountain Luxury Properties
Buyer's Agent
Kimberly Moore
eXp Realty of California
List Price
$488,000
Sold Price
$495,000
Premium/Discount to List
$7,000
1.43%
Views
82
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$939
Avg. Annual Appreciation
0.11%
Original Mortgage
$486,034
Outstanding Balance
$477,668
Interest Rate
7.31%
Mortgage Type
FHA
Estimated Equity
$18,271
Purchase Details
Closed on
Oct 20, 2015
Sold by
Chen Chih Hao and Chen Elizabeth
Bought by
The Chih Hao Michael Chen & Elizabeth Sa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
3.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 3, 2015
Sold by
Chen Chih Hao and Chen Elizabeth S
Bought by
Chen Chih Hao Michael and Chen Elizabeth Sarah
Purchase Details
Closed on
Mar 26, 2013
Sold by
Givant Edward D
Bought by
Chen Chih Hao and Chen Elizabeth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,875
Interest Rate
3.49%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 2, 2000
Sold by
Mettler Sharon Gavae and Tucker Alison
Bought by
Givant Edward D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,800
Interest Rate
8.06%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Oneill Mackenzie J | $495,000 | Old Republic Title | |
| The Chih Hao Michael Chen & Elizabeth Sa | -- | Placer Title Company | |
| Chen Chih Hao | -- | Placer Title Company | |
| Chen Chih Hao Michael | -- | None Available | |
| Chen Chih Hao | $142,500 | Placer Title Company | |
| Givant Edward D | $74,000 | Fidelity National Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Oneill Mackenzie J | $486,034 | |
| Previous Owner | Chen Chih Hao | $161,500 | |
| Previous Owner | Chen Chih Hao | $106,875 | |
| Previous Owner | Givant Edward D | $51,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/13/2023 11/13/23 | Sold | $495,000 | +1.4% | $516 / Sq Ft |
| 10/09/2023 10/09/23 | Pending | -- | -- | -- |
| 09/15/2023 09/15/23 | For Sale | $488,000 | -- | $508 / Sq Ft |
Source: South Tahoe Association of REALTORS®
Tax History Compared to Growth
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 | $5,379 | $504,900 | $151,470 | $353,430 |
| 2024 | $5,379 | $495,000 | $148,500 | $346,500 |
| 2023 | $1,909 | $168,652 | $35,502 | $133,150 |
| 2022 | $1,891 | $165,346 | $34,806 | $130,540 |
| 2021 | $1,863 | $162,105 | $34,124 | $127,981 |
| 2020 | $1,836 | $160,444 | $33,775 | $126,669 |
| 2019 | $1,828 | $157,299 | $33,113 | $124,186 |
| 2018 | $1,789 | $154,215 | $32,464 | $121,751 |
| 2017 | $1,761 | $151,192 | $31,828 | $119,364 |
| 2016 | $1,727 | $148,228 | $31,204 | $117,024 |
| 2015 | $1,709 | $146,004 | $30,737 | $115,267 |
| 2014 | $1,653 | $143,146 | $30,136 | $113,010 |
Source: Public Records
Agents Affiliated with this Home
-
Gregory Ochoa
-
Kimberly Moore
Buyer's Agent in 2023
Kimberly Moore
eXp Realty of California
(510) 377-1492
77 in this area
77 Total Sales
Map
Source: South Tahoe Association of REALTORS®
MLS Number: 139402
APN: 031-153-018-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.
© Copyright South Tahoe Association of Realtors.
Based on information from the South Tahoe Association of REALTORS® MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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