NOT LISTED FOR SALE

3987 Manzanita Ave Unit 502 South Lake Tahoe, CA 96150

Estimated Value: $889,000 - $1,441,000

3 Beds
3 Baths
2,157 Sq Ft
$391/mo HOA Fee

Last Sold October 26, 2020

Last sale price $855,000 $396 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $7,387/month

1 Day on Market

Highlights

  • Deck
  • Furnished
  • Covered Patio or Porch
  • Wood Flooring
  • Granite Countertops
  • Double Oven

About This Home

As of October 2020

Are you looking for a place off the busy street within walking distance to Heavenly Village?Gated Private Tahoe Woods complex built in 2015 is tucked in at the end of Manzanita Ave. Located in Designated Tourist Core, which is eligible for short term rental permit. Luxury three bedroom, three bath, one car garage. Beautiful mountain modern furnishings are included per inventory. Enter unit from the second floor to a fabulous entertainers kitchen that opens to spacious dining and living area with fireplace and covered deck with tree top views.Guest Bedroom and bath are down the hall on same level. It features a staircase off hall to lower level leading to master bedroom, master bath. as well as another Guest room, full bath and laundry room Convenient access off hallway to garage. Tahoe Woods is a special quiet place close to everything with room for friends and family. Walk to Lake Tahoe, Lakeside marina, gondola, Heavenly Village shops and casinos.

Last Agent to Sell the Property

Diane Dickert

Freshwater Realty License #01290416 Listed on: 10/01/2020

Freshwater Realty

Last Buyer's Agent

Bambi Alperson

Chase International License #02030574

Chase International

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,159

Year Built

  • Built in 2015

Lot Details

  • Cul-De-Sac
  • Fenced
  • Landscaped

HOA Fees

  • $391 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Additional Parking

Home Design

  • Wood Frame Construction
  • Pitched Roof
  • Composition Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,157 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Self Contained Fireplace Unit Or Insert
  • Double Pane Windows
  • Vinyl Clad Windows
  • Laundry Room

Kitchen

  • Double Oven
  • Gas Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Natural Gas Water Heater

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 029630018000

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,159

Year Built

Built in 2015

Lot Details

0

HOA Fees

$391 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Condominium
  • Location: Cul-De-Sac
  • Additional Features: Garage Door Opener, Furnished Per Invtry, Walk In Closet
  • Countertops: Granite, Slab
  • Master Bdrm Features: Master Bath, Walk-In Closet
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Stories: 2
  • T R P A Land Cap Study: Yes
  • Year Built: 2015
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Carpet, Tile, Wood
  • Windows: Double Pane, Vinyl Frame
  • Master Bedroom: Yes
  • Bedrooms: 3
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Kitchen: Garbage Disposal, Dishwasher Built-in, Gas Range, Double Oven
  • Fireplace Description: Insert - Gas
  • Laundry Location: Laundry Room
  • Price Per Square Foot: 396.38
  • Square Footage: 2157.00

Exterior Features

  • Construction: Wood Frame, Wood Siding
  • Fenced: Yes
  • Landscaped: Fully Landscaped
  • Patio Deck: Deck, Covered
  • Roof: Pitched, Asphalt, Composition

Garage/Parking

  • Garage Type: Attached
  • Garage: 1

Utilities

  • Heating/Cooling: Forced Air, Natural Gas, Central Refrig. A/C
  • Utilities: ElectricityAvailable, NaturalGasAvailable, City Sewer, Underground Utility
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • HOA Fees: 391.00
  • HOA: Yes
  • Hoa Amenities: Additional Parking
  • Hoa Fee Frequency: Monthly
  • H O A Includes: Water, Exterior Maintenance, Snow Removal, Roof Repairs, Refuse, On Site Maintenance

Lot Info

  • Acres: 0.05
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 2157.00
  • Price Per Acre: 17272727.27

Tax Info

  • Assessor Parcel Number: 029630018000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2020
Closed on
Oct 22, 2020
Sold by
Lam Wai Sheung and Chan Tin Lung
Bought by
Chan Tin Lung and Lam Wai Sheung
Seller's Agent
Diane Dickert
Freshwater Realty
Buyer's Agent
Bambi Alperson
Chase International
List Price
$850,000
Sold Price
$855,000
Premium/Discount to List
$5,000
0.59%
Current Estimated Value
$1,210,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,466
Avg. Annual Appreciation
7.22%
Original Mortgage
$336,300
Outstanding Balance
$241,189
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$969,277

Purchase Details

Closed on
Jul 11, 2016
Sold by
Chan Tin Lung and Lam Wai Sheung
Bought by
Chan Tin Lung and Lam Wai Sheung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,685
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 8, 2016
Sold by
Tahoe Woods Llc
Bought by
Chan Lam Family Trust
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
Chan Tin Lung -- North American Title Co Inc
Lam Wai Sheung -- North American Title Co Inc
Chan Tin Lung -- First American Title Company
Chan Tin Lung -- First American Title Company
Chan Lam Family Trust $575,000 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lam Wai Sheung $336,300
Closed Chan Tin Lung $373,685
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/26/2020 10/26/20 Sold $855,000 +0.6% $396 / Sq Ft
10/02/2020 10/02/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $850,000 +14.9% $394 / Sq Ft
09/08/2017 09/08/17 Sold $740,000 -1.2% $343 / Sq Ft View Prior Sale
08/03/2017 08/03/17 Pending -- -- --
07/17/2017 07/17/17 For Sale $749,000 -- $347 / 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 $7,159 $680,558 $130,214 $550,344
2024 $7,159 $667,214 $127,661 $539,553
2023 $7,113 $662,132 $125,158 $536,974
2022 $7,050 $649,306 $122,704 $526,602
2021 $6,857 $632,653 $120,299 $512,354
2020 $6,843 $630,287 $119,066 $511,221
2019 $6,811 $618,086 $116,732 $501,354
2018 $6,661 $606,125 $114,444 $491,681
2017 $6,470 $586,398 $112,200 $474,198
2016 $6,339 $282,609 $73,609 $209,000
2015 $1,908 $166,246 $72,504 $93,742
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Tahoe Association of REALTORS®

MLS Number: 133309

South Tahoe Association of REALTORS®

APN: 029-630-004-000