NOT LISTED FOR SALE

3770 Terrace Dr South Lake Tahoe, CA 96150

Estimated Value: $782,000 - $1,048,371

4 Beds
3 Baths
2,504 Sq Ft
$341/Sq Ft Est. Value

Last Sold May 15, 2024

Last sale price $700,000 $280 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $5,010/month

40 Days on Market

Highlights

  • Views of Ski Resort
  • Butcher Block Countertops
  • 2 Car Attached Garage
  • Deck
  • Fireplace
  • Forced Air Heating System

About This Home

As of May 2024

Take a look at this fantastic opportunity to renovate a property with unlimited potential. This property is all about the location and views! From the front, enjoy stunning views of Lake Tahoe, while the back offers captivating sights of Heavenly Ski Resort (Gunbarrel Run). This home presents an excellent opportunity for a renovation project, allowing you to create your dream retreat in an ideal location. Features include 4 bedrooms, 3 bathrooms, and a spacious 2504-square-feet of living space, all set on 10,018-square-foot lot. The house is designed in a tri-level layout, with the kitchen, dining room, and living room on one level, and 4 bedrooms and two bathrooms on the upper level. The lower level features a large family room with an attached bathroom that provides separation between the main living areas and bedrooms. Additionally, the property offers two fireplaces.Located in a highly sought-after neighborhood, just a few blocks from Heavenly, this home is surrounded by the beauty of South Lake Tahoe. You'll have easy access to a wide range of amenities, including shopping, Heavenly Village, the new Tahoe Blue Event Center, casinos, and a vibrant nightlife.The property is complete with a two-car garage, making it the perfect canvas for your dream South Lake Tahoe home. Whether you're looking for a peaceful retreat or an entertainer's paradise, this fixer-upper is ready to be transformed into the home of your dreams. This is a home you need to see in person to take in the views!

Last Agent to Sell the Property

Kate Wilkins

Compass License #01499860 Listed on: 03/15/2024

Compass

Last Buyer's Agent

Alora Reynolds

Chase International - South La License #02087131

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,420

Year Built

  • Built in 1973

Lot Details

  • 10,019 Sq Ft Lot
  • Natural State Vegetation

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • Ski Resort
  • Mountain

Home Design

  • Composition Roof

Interior Spaces

  • 2,504 Sq Ft Home
  • 3-Story Property
  • Fireplace
  • Family Room
  • Carpet
  • Butcher Block Countertops
  • Laundry in Hall

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Lakeview Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 028052015000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,420

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Countertops: Butcher Block
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Stories: 3
  • Year Built: 1973
  • Directions: Ski Run Blvd., to Needle Peak, Left on Wildwood and take 2nd Terrace Drive, house on Left.
  • OFFICELIST_STATE: CA
  • FILLSUBDIVISION: Lakeview Terrace
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Carpet
  • Windows: Single Pane
  • Master Bedroom: Yes
  • Bedrooms: 4
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Additional Rooms: Family Room
  • Fireplace Description: Open Fireplace
  • Laundry Location: Hall Closet
  • Price Per Square Foot: 279.55
  • Square Footage: 2504.00

Exterior Features

  • Landscaped: Natural
  • Patio Deck: Deck
  • Roof: Composition
  • Views: Mountains, Lake, Ski Resort

Garage/Parking

  • Garage Type: Attached
  • Garage: 2.00

Utilities

  • Heating/Cooling: Forced Air, Natural Gas

Lot Info

  • Acres: 0.2300
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 10019.00
  • Price Per Acre: 3043478.26

Tax Info

  • Assessor Parcel Number: 028052015000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2024
Closed on
Apr 29, 2024
Sold by
Steffens Milton and Garzo Kenneth A
Bought by
Steven P Sattelmayer And Kelli L Sattelmayer and Sattelmayer
Seller's Agent
Kate Wilkins
Compass
Buyer's Agent
Alora Reynolds
Chase International - South La
List Price
$800,000
Sold Price
$700,000
Premium/Discount to List
-$100,000
-12.5%
Views
207
Current Estimated Value
$853,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,593
Avg. Annual Appreciation
16.49%

Purchase Details

Closed on
Jun 19, 1995
Sold by
Cooper James R and Cooper Gloria J
Bought by
Steffens Milton A
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
Steven P Sattelmayer And Kelli L Sattelmayer $700,000 Placer Title
Steffens Milton A $250,000 Old Republic Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2024 05/15/24 Sold $700,000 -3.4% $280 / Sq Ft
04/24/2024 04/24/24 Pending -- -- --
04/12/2024 04/12/24 Price Changed $725,000 -9.4% $290 / Sq Ft
03/15/2024 03/15/24 For Sale $800,000 -- $319 / 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
2025 $4,420 $714,000 $306,000 $408,000
2024 $4,420 $408,356 $164,657 $243,699
2023 $4,966 $400,350 $161,429 $238,921
2022 $4,301 $392,501 $158,264 $234,237
2021 $4,235 $384,806 $155,161 $229,645
2020 $4,174 $380,862 $153,571 $227,291
2019 $4,153 $373,395 $150,560 $222,835
2018 $4,061 $366,074 $147,608 $218,466
2017 $3,997 $358,897 $144,714 $214,183
2016 $3,916 $351,861 $141,877 $209,984
2015 $3,840 $358,078 $139,747 $218,331
2014 $3,840 $351,291 $137,010 $214,281
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Tahoe Association of REALTORS®

MLS Number: 139866

South Tahoe Association of REALTORS®

APN: 028-052-015-000