NOT LISTED FOR SALE

3496 Lake Tahoe Blvd South Lake Tahoe, CA 96150

Estimated Value: $2,915,627

28 Beds
28 Baths
9,332 Sq Ft
$312/Sq Ft Est. Value

About This Home

This home is located at 3496 Lake Tahoe Blvd, South Lake Tahoe, CA 96150 and is currently estimated at $2,915,627, approximately $312 per square foot. 3496 Lake Tahoe Blvd is a home located in El Dorado County with nearby schools including Bijou Community, South Tahoe Middle School, and South Tahoe High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2021
Sold by
Patel Rekha V and Patel Vijay C
Bought by
Coastal Hotel Property Ii Llc
Current Estimated Value
$2,915,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,050,000
Outstanding Balance
$1,856,020
Interest Rate
2.9%
Mortgage Type
Seller Take Back
Estimated Equity
$1,059,608

Purchase Details

Closed on
Dec 5, 2007
Sold by
Bahniwal Paramjit and Bahniwal Kirandeep
Bought by
Patel Rekha V and Patel Vijay C

Purchase Details

Closed on
Apr 21, 2006
Sold by
Patel Vijay C and Patel Rekha V
Bought by
Bahniwal Paramjit and Bahniwal Kirandeep

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,125,000
Interest Rate
6.29%
Mortgage Type
Commercial

Purchase Details

Closed on
May 19, 1997
Sold by
Patel Sureshbhai R and Patel Jayshree S
Bought by
Patel Vijay C and Patel Rekha V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,000
Interest Rate
8.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 27, 1994
Sold by
Patel Jayshree
Bought by
Patel Sureshbhai R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,863
Interest Rate
9.2%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 31, 1993
Sold by
Patel Raman Hansji and Patel Shanta Raman
Bought by
Millbrae Enterprises

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,848
Interest Rate
7.2%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Coastal Hotel Property Ii Llc $2,750,000 Old Republic Title Company
Patel Rekha V $1,365,000 Alliance Title Company
Bahniwal Paramjit $1,320,000 Alliance Title Company
Patel Vijay C $111,500 Placer Title Company
Patel Sureshbhai R -- Founders Title Company
Patel Vijay C -- Founders Title Co
Millbrae Enterprises $108,000 Founders Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coastal Hotel Property Ii Llc $2,050,000
Previous Owner Bahniwal Paramjit $1,125,000
Previous Owner Patel Vijay C $445,000
Previous Owner Patel Vijay C $8,863
Previous Owner Millbrae Enterprises $32,848
Closed Patel Vijay C $15,000
Source: Public Records

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 $30,881 $2,952,406 $811,824 $2,140,582
2024 $30,881 $2,866,290 $795,906 $2,070,384
2023 $30,592 $2,833,090 $780,300 $2,052,790
2022 $30,534 $2,799,930 $765,000 $2,034,930
2021 $16,014 $1,437,970 $450,000 $987,970
2020 $16,330 $1,473,890 $450,000 $1,023,890
2019 $16,419 $1,460,340 $450,000 $1,010,340
2018 $16,439 $1,466,758 $450,000 $1,016,758
2017 $12,750 $1,121,950 $410,000 $711,950
2016 $13,017 $1,147,669 $410,000 $737,669
2015 $13,106 $1,141,063 $410,000 $731,063
2014 $13,106 $1,162,856 $410,000 $752,856
Source: Public Records

Map

California El Dorado County South Lake Tahoe 96150

3496 Lake Tahoe Blvd, South Lake Tahoe, CA

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