NOT LISTED FOR SALE

4002 Crest Rd South Lake Tahoe, CA 96150

Estimated Value: $971,602 - $1,629,000

3 Beds
3 Baths
2,327 Sq Ft
$557/Sq Ft Est. Value

Last Sold December 31, 2015

Last sale price $655,000 $281 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $7,546/month

108 Days on Market

Highlights

  • Spa
  • Built-In Refrigerator
  • Deck
  • Lake View
  • Maid or Guest Quarters
  • Property is near a forest

About This Home

As of December 2015

Rarely are Lake Tahoe views found in a this affordable price range. Add the close proximity to Heavenly ski slopes, blissful privacy and well-appointed upgrades, this turn-key mountain-style home offers one of the best values found today. Opportunities abound with the 2 separate living areas. Imagine being able to offer guests a private retreat. Perhaps you can keep one for yourself and rent out the other. The studio would even serve well as a home office or art studio. The main home features an inviting living room with a fireplace, a sunny dining room and a chef's kitchen. All with lake views. There are two roomy bedrooms including a master with a fireplace and a window seat with boulder views. Downstairs is a game room, an inviting bath, and access to the outdoor deck, ideal for outdoor entertainment. Once you experience watching the snow fall while soaking in the hot tub, you will be hooked. The studio features the third bedroom, fireplace, and a charming bath with claw-foot tub

Last Agent to Sell the Property

Donald Souers

Berkshire Hathaway HS - SLT License #01193569 Listed on: 08/07/2015

Berkshire Hathaway HS - SLT

Last Buyer's Agent

Matthew Bryant

Chase International - South La License #01709418

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,344

Year Built

  • Built in 1969

Lot Details

  • 10,229 Sq Ft Lot
  • Landscaped
  • Sprinkler System

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Property Views

  • Lake
  • Mountain

Home Design

  • Wood Frame Construction
  • Pitched Roof
  • Composition Roof
  • Built-Up Roof
  • Wood Siding

Interior Spaces

  • 2,327 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Furnished
  • Vaulted Ceiling
  • Free Standing Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Double Pane Windows
  • Vinyl Clad Windows
  • Entrance Foyer
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Crawl Space
  • Laundry in Bedroom

Kitchen

  • Oven
  • Gas Range
  • Built-In Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Granite Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Maid or Guest Quarters
  • 3 Full Bathrooms
  • Tile Bathroom Countertop
  • Dual Sinks

Outdoor Features

  • Spa
  • Deck
  • Covered Patio or Porch
  • Shed

Location

  • Property is near a forest

Utilities

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

Community Details

  • Lakeview Tahoe 1 Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 028-153-14-100

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,344

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Location: Adjacent to Forest
  • Additional Features: Garage Door Opener, Hot Tub, Furnished Per Invtry, Wet Bar, Vaulted Ceilings, Open Beam, Skylight
  • Countertops: Tile, Granite
  • Master Bdrm Features: Double Sinks, Tile Counters
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Stories: 2
  • Year Built: 1969
  • Directions: Pioneer Trail to Keller to Crest
  • OFFICELIST_STATE: CA
  • FILLSUBDIVISION: Lakeview Tahoe 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Carpet, Tile, Wood, Natural Stone
  • Windows: Double Pane, Metal Frame, Vinyl Frame
  • Master Bedroom: Yes
  • Bedrooms: 3
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Kitchen: Garbage Disposal, Refrigerator Blt-in, Pantry, Microwave Built-in, Dishwasher Built-in, Gas Range, Electric Range, Single Oven
  • Additional Rooms: Living/Dining Combo, Entry/Foyer, Family Room, Great Room, Guest Quarters, Upstairs Living
  • Fireplace Description: Freestanding -Gas, Insert - Gas
  • Laundry Location: Bathroom Combo
  • Price Per Square Foot: 281.48
  • Square Footage: 2327.00

Exterior Features

  • Construction: Wood Frame, Wood Siding
  • Exterior: Spa/Hot Tub, Storage Shed, Bear-Proof Trash Can
  • Foundation: Concrete/Crawl Space
  • Landscaped: Front, Back, Fully Landscaped
  • Patio Deck: Deck, Covered, Uncovered
  • Roof: Pitched, Build-Up, Composition
  • Views: Mountains, Lake

Garage/Parking

  • Garage Type: Detached
  • Garage: 2.00

Utilities

  • Sprinklers: Full Sprinklers
  • Heating/Cooling: Natural Gas, Wall or Space Heater, Fireplace
  • Utilities: ElectricityAvailable, NaturalGasAvailable, Telephone, High Speed Internet, Underground Utility
  • Water Heater: Natural Gas

Lot Info

  • Acres: 0.2348
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 10229.00
  • Price Per Acre: 2789608.18

Tax Info

  • Assessor Parcel Number: 028-153-14-100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2015
Closed on
Dec 29, 2015
Sold by
Cohan Alan M and Highfield Katherine M
Bought by
Padala Sudhakar and Padala Medhavi
Seller's Agent
Donald Souers
Berkshire Hathaway HS - SLT
Buyer's Agent
Matthew Bryant
Chase International - South La
List Price
$669,900
Sold Price
$655,000
Premium/Discount to List
-$14,900
-2.22%
Current Estimated Value
$1,295,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$640,901
Avg. Annual Appreciation
7.23%
Original Mortgage
$327,500
Outstanding Balance
$255,322
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,040,579

Purchase Details

Closed on
Nov 14, 2002
Sold by
Cohan Alan M and Highfield Katherine M
Bought by
Cohan Alan M and Highfield Katherine M

Purchase Details

Closed on
Aug 13, 2002
Sold by
Winters Jane Marie
Bought by
Cohan Alan M and Highfield Katherine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
5.5%

Purchase Details

Closed on
Jul 17, 2000
Sold by
Winters Steven R Decd and Winters Jane M
Bought by
Winters Jane M
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
Padala Sudhakar $655,000 Placer Title Company
Cohan Alan M -- --
Cohan Alan M $556,000 Old Republic Title Company
Winters Jane M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Padala Sudhakar $327,500
Previous Owner Cohan Alan M $425,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2015 12/31/15 Sold $655,000 -2.2% $281 / Sq Ft
11/23/2015 11/23/15 Pending -- -- --
08/07/2015 08/07/15 For Sale $669,900 -- $288 / 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 $8,344 $794,857 $236,756 $558,101
2024 $8,344 $779,272 $232,114 $547,158
2023 $8,199 $763,993 $227,563 $536,430
2022 $8,845 $749,013 $223,101 $525,912
2021 $7,992 $738,247 $218,727 $519,520
2020 $7,970 $735,599 $216,485 $519,114
2019 $7,728 $702,478 $212,241 $490,237
2018 $7,552 $688,420 $208,080 $480,340
2017 $7,425 $674,232 $204,000 $470,232
2016 $7,180 $652,385 $200,000 $452,385
2015 $7,260 $657,000 $210,000 $447,000
2014 $6,557 $606,000 $195,000 $411,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Tahoe Association of REALTORS®

MLS Number: 124746

South Tahoe Association of REALTORS®

APN: 028-153-014-000