NOT LISTED FOR SALE

265 Lake Ave Tahoe City, CA 96145

Estimated Value: $1,525,000 - $1,843,000

3 Beds
3 Baths
2,200 Sq Ft
$775/Sq Ft Est. Value

Last Sold October 10, 2017

Last sale price $1,162,500 $528 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $10,522/month

37 Days on Market

Highlights

  • Community Beach Access
  • Living Room with Fireplace
  • Furnished
  • Tahoe Lake Elementary School Rated A-
  • Wood Flooring
  • Den

About This Home

As of October 2017

The Lake Cottage. Shows like brand new, this gorgeous home was extensively remodeled in 2009 with all the modern comforts. This stunning home offers the master bedroom and guest room on the main level downstairs. Upstairs, there are two interconnected rooms to provide plenty of options. Currently, there is a charming sitting area with a full bath and kids' room/artists studio.The home is being sold mostly furnished. Enjoy the amazing location, just a short walk to Tahoe Park HOA Beach and Sunnyside Resort.

Last Agent to Sell the Property

Trudi Lee

Sierra Sotheby's Int Realty TC License #00776200 Listed on: 06/29/2017

Sierra Sotheby's Int Realty TC

Last Buyer's Agent

Sally Gardner

COMPASS License #01154939

COMPASS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,755

Year Built

  • Built in 1957

Lot Details

  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Living Room with Fireplace
  • Den

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Heating System Uses Natural Gas
  • Utility District

Community Details

Overview

  • Property has a Home Owners Association
  • Westshore Lk Th Community

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,755

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Age: 50+ Years
  • Estimated Lot Size: 0 - .255
  • Community: Westshore LK TH
  • Directions: HWY 89 turn on Spruce, house on corner of Spruce and Lake.
  • Service Type: Full Service
  • Setting: Street
  • Sub-Area: 4EA
  • Sub-Status: Standard
  • Topography: Level
  • Year Built: 1957
  • Zoning: R-1
  • Cross Street: Spruce Ave.
  • Other: Pantry, High Ceilings, Landscaping
  • Sewer: Utility District
  • Estimated Sq Ft: PLANS
  • Architecture: Old Tahoe
  • Property Condition: Like New
  • Sign YN: y
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Handicap Friendly: Few Steps, Master on Main Level
  • Heating: Natural Gas
  • Estimated Sq Ft: 2200
  • Stories: Two
  • Water Company: Tahoe Park
  • Gas: Natural
  • Water: Water Company
  • Appliances: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer, Other
  • Bonus Rooms: Den
  • Fireplace: Living Room
  • Furnished: Mostly
  • Bathrooms: 3
  • Bedrooms: 3
  • Floor Coverings: Carpet, Stone, Wood

Exterior Features

  • Construction Exterior: Framed
  • Foundation: Perim Concrete
  • Roof: Composition
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: Two
  • Garage/Parking: Attached

Utilities

  • Laundry: Room

Condo/Co-op/Association

  • HOA Amenities: Beach Access
  • HOA Membership: y

Lot Info

  • Lot Number: 28 L Lake Tahoe Park
  • Lot Dimensions: 100X66 approx.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2017
Closed on
Sep 29, 2017
Sold by
Watson Amy E
Bought by
Watson Macauley H
Seller's Agent
Trudi Lee
Sierra Sotheby's Int Realty TC
Buyer's Agent
Sally Gardner
COMPASS
List Price
$150,000,000
Sold Price
$1,162,500
Premium/Discount to List
-$148,837,500
-99.22%
Current Estimated Value
$1,705,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$542,776
Avg. Annual Appreciation
4.62%
Original Mortgage
$731,250
Outstanding Balance
$609,331
Interest Rate
3.55%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,048,612

Purchase Details

Closed on
Oct 30, 2007
Sold by
Ragno Mark L and Ragno Linda L
Bought by
Ragno Mark L and Ragno Linda L

Purchase Details

Closed on
Jul 30, 2007
Sold by
Coblentz Ray Richard
Bought by
Ragno Mark L and Ragno Linda L
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
Watson Macauley H -- Fidelity National Title Co
Watson Macauley H $1,162,500 Fidelity National Title Co
Ragno Mark L -- None Available
Ragno Mark L $550,000 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watson Macauley H $731,250
Previous Owner Ragno Linda L $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2017 10/10/17 Sold $1,162,500 -99.2% $528 / Sq Ft
08/05/2017 08/05/17 Pending -- -- --
06/29/2017 06/29/17 For Sale $150,000,000 -- $68,182 / 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 $14,755 $1,322,723 $312,902 $1,009,821
2023 $14,755 $1,271,361 $300,752 $970,609
2022 $14,289 $1,246,433 $294,855 $951,578
2021 $13,747 $1,221,994 $289,074 $932,920
2020 $13,764 $1,209,465 $286,110 $923,355
2019 $13,906 $1,185,750 $280,500 $905,250
2018 $13,239 $1,162,500 $275,000 $887,500
2017 $8,935 $771,210 $282,939 $488,271
2016 $8,838 $756,090 $277,392 $478,698
2015 $8,662 $744,734 $273,226 $471,508
2014 $8,412 $730,146 $267,874 $462,272
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20171652

Tahoe Sierra Board of REALTORS®

APN: 083-101-006