NOT LISTED FOR SALE

2616 William Ave South Lake Tahoe, CA 96150

Estimated Value: $586,000 - $1,159,000

5 Beds
2 Baths
2,351 Sq Ft
$335/Sq Ft Est. Value

Last Sold August 02, 2012

Last sale price $179,000 $76 Per Sq Ft

Est. 340% increase in value since last sale

Current estimated payment $4,606/month

98 Days on Market

Highlights

  • Deck
  • Tile Countertops
  • Forced Air Heating System
  • Patio
  • Laundry Room
  • Fenced

About This Home

As of August 2012

HUGE price reduction! Large 5 bedroom, 2 bath house nestled into a central neighborhood in the heart of South Lake Tahoe. This property has a open floor plan, fenced in backyard, and lots of sqft. Property located near public transportation, ski reports, beach access, and much more. Come and check out this great deal home today as it won't last long. Property is being offered AS IS.

Last Agent to Sell the Property

Michelle Morris

Ascent Property Group License #01350248 Listed on: 03/08/2012

Last Buyer's Agent

Michelle Keck

Bay East Aor License #01401898

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,804

Year Built

  • Built in 1974

Lot Details

  • 5,000 Sq Ft Lot
  • Fenced

Home Design

  • Wood Frame Construction
  • Pitched Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,351 Sq Ft Home
  • 2-Story Property
  • Tile Countertops
  • Laundry Room

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Tahoe Sierra 1 Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 031-122-06-100

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,804

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Countertops: Tile
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Stories: 2
  • Year Built: 1974
  • Directions: Hwy 50 to Sierra Blvd. Left on William. House on right.
  • OFFICELIST_STATE: CA
  • FILLSUBDIVISION: Tahoe Sierra 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Carpet, Vinyl, Laminate
  • Master Bedroom: Yes
  • Bedrooms: 5
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Laundry Location: Laundry Room
  • Price Per Square Foot: 76.14
  • Square Footage: 2351.00

Exterior Features

  • Construction: Wood Frame, Wood Siding
  • Fenced: Yes
  • Patio Deck: Deck, Uncovered
  • Roof: Pitched, Composition

Utilities

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

Lot Info

  • Acres: 0.1148
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 5000.00
  • Price Per Acre: 1559233.45

Tax Info

  • Annual Taxes: 2803.78
  • Assessor Parcel Number: 031-122-06-100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2013
Sold by
Palfy Kurt Nobes
Bought by
Palfy Kurt N and Palfy Family Trust
Total Days on Market
98
Current Estimated Value
$787,893

Purchase Details

Listed on
Mar 8, 2012
Closed on
Jul 31, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Palfy Kurt N
Seller's Agent
Michelle Morris
Ascent Property Group
Buyer's Agent
Michelle Keck
Bay East Aor
List Price
$286,000
Sold Price
$179,000
Premium/Discount to List
-$107,000
-37.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.20%
Original Mortgage
$131,673
Outstanding Balance
$92,295
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$695,598

Purchase Details

Closed on
Apr 3, 2012
Sold by
Pineda Jo Ann and Cabristante Mae A
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Apr 7, 2010
Sold by
Cabristante Chad R
Bought by
Cabristante Mae A

Purchase Details

Closed on
Sep 6, 2005
Sold by
Pineda Jo Ann
Bought by
Pineda Jo Ann and Cabristante Mae A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2002
Sold by
Marcelino Chet and Pineda Jo Ann
Bought by
Valenzuela Jo Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.17%

Purchase Details

Closed on
Oct 3, 1997
Sold by
Cabristante Mae and Cabristante Chad
Bought by
Marcelino Chet and Valenzuela Jo Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
7.49%

Purchase Details

Closed on
Sep 12, 1994
Sold by
Marcelino Lorna
Bought by
Marcelino Chet
Source: Public Records

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Range of Values:

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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
Palfy Kurt N -- None Available
Palfy Kurt N $176,000 Lawyers Title Company
Federal Home Loan Mortgage Corporation $190,945 Lawyers Title Company
Cabristante Mae A -- Old Republic Title Company
Cabristante Mae A -- Old Republic Title Company
Pineda Jo Ann -- First American Title Co
Valenzuela Jo Ann -- Old Republic Title Co
Marcelino Chet -- Stewart Title Company
Marcelino Chet -- Founders Title Co
Marcelino Chet -- Founders Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palfy Kurt N $131,673
Previous Owner Pineda Jo Ann $365,000
Previous Owner Valenzuela Jo Ann $135,000
Previous Owner Marcelino Chet $106,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2012 08/02/12 Sold $179,000 -37.4% $76 / Sq Ft
06/14/2012 06/14/12 Pending -- -- --
03/08/2012 03/08/12 For Sale $286,000 -- $122 / 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
2024 $2,444 $221,600 $36,212 $185,388
2023 $2,403 $217,255 $35,502 $181,753
2022 $2,379 $212,996 $34,806 $178,190
2021 $2,343 $208,821 $34,124 $174,697
2020 $2,309 $206,681 $33,775 $172,906
2019 $2,298 $202,629 $33,113 $169,516
2018 $2,248 $198,657 $32,464 $166,193
2017 $2,213 $194,763 $31,828 $162,935
2016 $2,169 $190,945 $31,204 $159,741
2015 $2,060 $188,080 $30,737 $157,343
2014 $2,060 $184,398 $30,136 $154,262
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Tahoe Association of REALTORS®

MLS Number: 119027

South Tahoe Association of REALTORS®

APN: 031-122-006-000