NOT LISTED FOR SALE

3788 Markoffer Way South Lake Tahoe, CA 96150

8 Beds
4 Baths
3,360 Sq Ft
6,098 Sq Ft Lot

Last Sold October 14, 2020

Last sale price $700,000 $208 Per Sq Ft

9 Days on Market

About This Home

As of October 2020

Low maintenance 4-Plex near Stateline, Heavenly Valley Ski Resort, and the bus stops! This fully occupied building has 8 paved parking spaces, covered porches, and a great location for long term tenants. Each unit is separately metered for gas and electric and have individual gas water heaters. Three of the units have had recent updates including kitchen cabinets, countertops, flooring, and more. The upstairs units have open beam wood ceilings and each unit has its own laundry room. The roof has recently been resurfaced and other featured include double pane vinyl framed windows and new electrical meters.

Last Agent to Sell the Property

Brent Johnson

Chase International - South La License #01474921 Listed on: 08/03/2020

Last Buyer's Agent

Mason Hibbard

Compass License #01303064

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,160

Year Built

  • Built in 1961

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Masonry Siding

Interior Spaces

  • 8 Bedrooms
  • 3,360 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Vinyl Clad Windows
  • Crawl Space
  • Laundry in unit

Utilities

  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Natural Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 028042022000

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $18,447
  • Gross Income $52,800
  • Net Operating Income $34,353

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,160

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Quadruplex
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Year Built: 1961
  • Miscellaneous: Sep. Water Heater, Separate Heat/Cool, Tenant Pays Utlities
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Windows: Double Pane, Vinyl Frame
  • Bedrooms: 8
  • Laundry: In Unit
  • Price Per Square Foot: 208.33
  • Square Footage: 3360.00
  • Number Of Stories: Two Story

Exterior Features

  • Construction: Masonry
  • Foundation: Concrete/Crawl Space

Garage/Parking

  • Number Parking Spaces: 8

Utilities

  • Heating/Cooling: Natural Gas, Wall or Space Heater
  • Utilities: NaturalGasAvailable, City Water, City Sewer, Cable TV, High Speed Internet, Telephone
  • Water Heater: Natural Gas

Lot Info

  • Acres: 0.14
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 6098.00
  • Price Per Acre: 5000000.00

Rental Info

  • Effective Rental Income: 52800.00

Tax Info

  • Assessor Parcel Number: 028042022000
  • Taxes: 6160.00

Multi Family

  • Total Units: 4
  • First Unit Bedrooms Bathrooms: 2 Beds - 1 Bath
  • Additional Assessor Parcel Numbers: 1100.00
  • Unit 2 Bedrooms Bathrooms: 2 Beds - 1 Bath
  • Unit 2 Monthly Rent: 1100.00
  • Unit 3 Bedrooms Bathrooms: 2 Beds - 1 Bath
  • Unit 3 Monthly Rent: 1100.00
  • Unit 4 Unit Bedrooms Bathrooms: 2 Beds - 1 Bath
  • Unit 4 Monthly Rent: 1100.00

Range of Values:

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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

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2020 10/14/20 Sold $700,000 +3.7% $208 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
08/03/2020 08/03/20 For Sale $675,000 -- $201 / Sq Ft
Source: South Tahoe Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Brent Johnson

    Seller's Agent in 2020

    Brent Johnson

    Chase International - South La

    (530) 416-2625

    461 in this area

    468 Total Sales

    Brent Johnson
    Section Image
  • Mason Hibbard

    Buyer's Agent in 2020

    Mason Hibbard

    Compass

    (415) 990-1212

    24 in this area

    30 Total Sales

    Mason Hibbard
    Section Image
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Map

Source: South Tahoe Association of REALTORS®

MLS Number: 132859

South Tahoe Association of REALTORS®

APN: 028-042-22-100

California El Dorado County South Lake Tahoe 96150

3788 Markoffer Way, South Lake Tahoe, CA

This home is located at 3788 Markoffer Way, South Lake Tahoe, CA 96150 since 03 August 2020. This property was built in 1961. 3788 Markoffer Way is a home located in El Dorado County with nearby schools including Sierra House Elementary School, South Tahoe Middle School, and South Tahoe High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Tahoe Association of REALTORS® Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.
© Copyright South Tahoe Association of Realtors.

Based on information from the South Tahoe Association of REALTORS® MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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