NOT LISTED FOR SALE

3047 Panhandle Ct South Lake Tahoe, CA 96150

Estimated Value: $1,535,000 - $1,861,434

0.38 Acre
$4,406,755 Price per Acre
16,697 Sq Ft Lot

Last Sold October 21, 2016

Last sale price $125,000

Est. 1,251% increase in value since last sale

Current estimated payment $10,262/month

25 Days on Market

About This Lot

As of October 2016

Rare opportunity to purchase one of the very few outstanding building sites left in Montgomery Estates. This building site is located at the end of a cul-de-sac on a very quiet street in an area of large newer homes. This 16,696 square foot lot has a slight down slope and an IPES score of 727 and 7% coverage. Additional coverage can be purchased for $6 per square foot from the Tahoe Conservancy.

Last Agent to Sell the Property

Brent Johnson

Chase International - South La License #01474921 Listed on: 08/19/2016

Last Buyer's Agent

Brent Johnson

Chase International - South La License #01474921 Listed on: 08/19/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $182

Lot Details

  • 0.38

Utilities

  • Utility District
  • Phone Available
  • Cable TV Available

Additional Features

  • 0.38 Acre Lot
  • Forest Views

Listing and Financial Details

  • Assessor Parcel Number 080-163-18-100

Property Details

Property Type

Land

Est. Annual Taxes

$182

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype: Vacant Land
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • I P E S Score: 727
  • OFFICELIST_STATE: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Views: Forest
  • Road: Paved

Utilities

  • Utilities: NaturalGasAvailable, City Water, City Sewer, Cable TV, Telephone
  • Electric Location: <100' From PL
  • Natural Gas: Yes
  • Natural Gas Location: <100' From PL
  • Sewer Service: Utility District
  • Water: Utility District

Lot Info

  • Acres: 0.3833
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 16696.00
  • Price Per Acre: 326115.31
  • Percent Coverage: 7

Tax Info

  • Annual Taxes: 182.00
  • Assessor Parcel Number: 080-163-18-100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2020
Sold by
Caro Abel and Caro Frances
Bought by
Simonian Hrach
Current Estimated Value
$1,689,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,192,000
Outstanding Balance
$1,054,761
Interest Rate
2.62%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$634,348

Purchase Details

Closed on
Dec 11, 2019
Sold by
Caro Abel and Caro Frances
Bought by
Caro Abel and Caro Frances

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2018
Sold by
A Caro Construction Co
Bought by
Caro Abel and Caro Francis

Purchase Details

Listed on
Aug 19, 2016
Closed on
Oct 13, 2016
Sold by
Sabad Joseph W and Sabad Vicki A
Bought by
A Caro Construction Company Inc
Seller's Agent
Brent Johnson
Chase International - South La
Buyer's Agent
Brent Johnson
Chase International - South La
List Price
$159,000
Sold Price
$125,000
Premium/Discount to List
-$34,000
-21.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.42%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Simonian Hrach $1,490,000 Old Republic Title Company
Caro Abel -- Placer Title Company
Caro Abel -- Placer Title Company
A Caro Construction Company Inc $125,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simonian Hrach $1,192,000
Previous Owner Caro Abel $575,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2016 10/21/16 Sold $125,000 -21.4% --
09/13/2016 09/13/16 Pending -- -- --
08/19/2016 08/19/16 For Sale $159,000 -- --
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 $16,851 $1,612,822 $324,729 $1,288,093
2024 $16,851 $1,581,199 $318,362 $1,262,837
2023 $16,556 $1,550,196 $312,120 $1,238,076
2022 $16,393 $1,519,800 $306,000 $1,213,800
2021 $16,125 $1,490,000 $300,000 $1,190,000
2020 $9,171 $845,656 $145,656 $700,000
2019 $1,602 $142,800 $142,800 $0
2018 $1,431 $127,500 $127,500 $0
2017 $1,408 $125,000 $125,000 $0
2016 $184 $12,454 $12,454 $0
2015 $175 $12,268 $12,268 $0
2014 $175 $12,029 $12,029 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Tahoe Association of REALTORS®

MLS Number: 126488

South Tahoe Association of REALTORS®

APN: 080-163-018-000