NOT LISTED FOR SALE

3861 Saddle Rd Unit 5 South Lake Tahoe, CA 96150

Estimated Value: $378,000 - $535,000

2 Beds
2 Baths
800 Sq Ft
$350/mo HOA Fee

Last Sold November 26, 2018

Last sale price $270,000 $338 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $3,060/month

16 Days on Market

Highlights

  • Views of Ski Resort
  • Built-In Refrigerator
  • Vaulted Ceiling
  • Spa
  • Deck
  • Front Porch

About This Home

As of November 2018

Concept Sierra condo located across the street from the base of Heavenly Ski Resort. First chair everyday, walk right out your front door with your ski gear and take the aerial tram at Cal Base Lodge. Great opportunity to purchase the most affordable condo in the complex. This unit is a bit dated, however, it is clean and move-in ready and is awaiting your personal touch. Includes a gas fireplace and central heat, kitchen and living area provide an open concept design with beautiful wood beam, vaulted ceilings and soaring glass windows that bring the outside in. The upper level deck has tree views that provide a nice sense of privacy for outdoor relaxation. Enjoy a soak in the hot tub after a day on the slopes! HOA includes snow removal, exterior maintenance and more. Enjoy nearby Ski Run Blvd amenities such as summer time farmers market, amazing restaurants, and Whole Foods market (Coming soon). Located just 2 miles to the lake! Great full time residence or vacation getaway.

Last Agent to Sell the Property

Leann Dupre

Chase International - South La License #01701993 Listed on: 09/29/2018

Last Buyer's Agent

Alaun Buckley

Chase International - South La License #02038699

Chase International - South La

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,194

Year Built

  • Built in 1973

Lot Details

  • Drip System Landscaping
  • Landscaped with Trees

HOA Fees

  • $350 Monthly HOA Fees

Property Views

  • Ski Resort
  • Mountain
  • Forest

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 800 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Free Standing Fireplace
  • Double Pane Windows
  • Combination Dining and Living Room
  • Crawl Space

Kitchen

  • Electric Range
  • Built-In Refrigerator
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Hall
  • Laundry on upper level
  • Laundry in Kitchen

Outdoor Features

  • Spa
  • Deck
  • Patio
  • Front Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 030521051000

Community Details

Overview

  • Association fees include exterior maintenance, snow removal, roof repairs, refuse, insurance, on site maintenance
  • Keller 5 Acres Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,194

Year Built

Built in 1973

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condominium
  • Style: Split Level
  • Additional Features: Vaulted Ceilings, Open Beam
  • Countertops: Laminate
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Stories: 2
  • Year Built: 1973
  • Directions: Take Ski Run Blvd up towards Heavenly, L on Needle Peak, R on Wildwood, L on Saddle. Condo on left.
  • OFFICELIST_STATE: CA
  • FILLSUBDIVISION: Keller 5-acres
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Carpet, Vinyl
  • Windows: Double Pane, Metal Frame
  • Bedrooms: 2
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Kitchen: Garbage Disposal, Refrigerator Blt-in, Pantry, Dishwasher Built-in, Electric Range
  • Additional Rooms: Living/Dining Combo
  • Fireplace Description: Freestanding -Gas
  • Laundry Location: Hall Closet, Kitchen, Upstairs
  • Price Per Square Foot: 337.50
  • Square Footage: 800.00

Exterior Features

  • Construction: Wood Frame, Wood Siding
  • Exterior: Spa/Hot Tub, Bear-Proof Trash Can
  • Foundation: Concrete/Crawl Space
  • Landscaped: Front, Back, Trees, Fully Landscaped
  • Patio Deck: Deck, Uncovered, Front Porch
  • Roof: Composition, Shingle
  • Views: Mountains, Forest, Ski Resort

Utilities

  • Sprinklers: Drip - Front, Drip - Back
  • Heating/Cooling: Forced Air, Natural Gas, Fireplace
  • Utilities: ElectricityAvailable, NaturalGasAvailable, City Water, City Sewer, Cable TV, Telephone, High Speed Internet
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • HOA Fees: 350.00
  • Hoa Amenities: Spa
  • Hoa Fee Frequency: Monthly
  • H O A Includes: Exterior Maintenance, Snow Removal, Roof Repairs, Refuse, Insurance, On Site Maintenance

Association/Amenities

  • Entry Level Unit: 5

Lot Info

  • Acres: 0.0091
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 397.00
  • Price Per Acre: 29670329.67

Tax Info

  • Annual Taxes: 3194.00
  • Assessor Parcel Number: 030521051000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2022
Sold by
Michael Rousseas
Bought by
Michael Rousseas Living Trust
Current Estimated Value
$461,652

Purchase Details

Listed on
Sep 29, 2018
Closed on
Nov 7, 2018
Sold by
Swift Management Inc
Bought by
Rousseas Michael
Seller's Agent
Leann Dupre
Chase International - South La
Buyer's Agent
Alaun Buckley
Chase International - South La
List Price
$275,000
Sold Price
$270,000
Premium/Discount to List
-$5,000
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.07%
Original Mortgage
$120,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2003
Sold by
Bautista Grace and Bell Erick
Bought by
Swift Management Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,800
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 2002
Sold by
Mindich Scott and Mindich Ilene
Bought by
Bell Erick and Bautista Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,800
Interest Rate
6.6%
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
Michael Rousseas Living Trust -- None Listed On Document
Rousseas Michael $270,000 Placer Title Company
Swift Management Inc $241,000 Old Republic Title Co
Bell Erick $182,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rousseas Michael $120,000
Previous Owner Swift Management Inc $192,800
Previous Owner Bell Erick $163,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2018 11/26/18 Sold $270,000 -1.8% $338 / Sq Ft
10/15/2018 10/15/18 Pending -- -- --
09/29/2018 09/29/18 For Sale $275,000 -- $344 / 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 $3,224 $301,185 $94,816 $206,369
2024 $3,224 $295,280 $92,957 $202,323
2023 $3,162 $289,491 $91,135 $198,356
2022 $3,137 $283,816 $89,349 $194,467
2021 $3,089 $278,252 $87,598 $190,654
2020 $3,045 $275,400 $86,700 $188,700
2019 $3,030 $270,000 $85,000 $185,000
2018 $3,183 $285,000 $55,500 $229,500
2017 $3,194 $285,000 $55,500 $229,500
2016 $2,702 $240,000 $47,000 $193,000
2015 $2,419 $240,000 $47,000 $193,000
2014 $2,419 $218,000 $42,500 $175,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Tahoe Association of REALTORS®

MLS Number: 129999

South Tahoe Association of REALTORS®

APN: 030-521-005-000