NOT LISTED FOR SALE

4117 Azure Ave South Lake Tahoe, CA 96150

Estimated Value: $632,000 - $817,000

1 Bed
1 Bath
676 Sq Ft
$1,057/Sq Ft Est. Value

Last Sold August 10, 2023

Last sale price $605,000 $895 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,663/month

17 Days on Market

Highlights

  • Marina
  • Fenced
  • Wood Siding
  • RV Access or Parking
  • Natural State Vegetation
  • 1-Story Property

About This Home

As of August 2023

Price ImprovementAmazing Location, 1 block to Lake Tahoe, Casinos, Harvey's Outdoor Concert Venue, Edgewood Resort and several restaurants. Located in a trending neighborhood with new development.Attention Developers: This tiny house on a large lot needs to be enlarged for maximum return at this incredible location! Possibilities: -Keep existing cabin for an Accessory Dwelling Unit, (ADU) or guest house & build a larger home on the existing coverage. -Remove cabin and build a large Retreat -Develop a Multifamily 1-4 unitsThis is a Rare opportunity to develop your Tahoe Dream Home in this treasured historic neighborhood, Lakeside Park. This small efficient HOA is only $67 a month and includes water, access to a wonderful beach and a priority opportunity to lease a boat slip in the Lakeside Marina. Listings in this neighborhood with this kind of potential do not come along very often. This special property has a site assessment on file with 2042 square feet of class 7 coverage and 2405 class 1B coverage for a total of 4687 square feet of coverage - WOW!! The parcel is 326 feet deep x 40 wide. Come take a look and experience the fantastic possibilities this property offers!

Last Listed By

Jana Nelson

Compass License #01429320 Listed on: 07/13/2023

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,379

Year Built

  • Built in 1921

Lot Details

  • 0.3 Acre Lot
  • Fenced
  • Natural State Vegetation

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • RV Access or Parking

Home Design

  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • 676 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 029602004000

Community Details

Overview

  • Association fees include water
  • Kathleen S Hill Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Marina
  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,379

Year Built

Built in 1921

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Stories: 1
  • T R P A Land Cap Study: Yes
  • Year Built: 1921
  • Directions: East on Lake Tahoe Blvd, left on Stateline Ave to Azure Ave
  • OFFICELIST_STATE: CA
  • FILLSUBDIVISION: Kathleen S Hill
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 1
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Price Per Square Foot: 894.97
  • Square Footage: 676.00

Exterior Features

  • Construction: Wood Frame, Wood Siding
  • Exterior: RV Access/Parking
  • Fenced: Yes
  • Landscaped: Natural

Utilities

  • Heating/Cooling: Natural Gas, Wall or Space Heater
  • Utilities: ElectricityAvailable, NaturalGasAvailable

Condo/Co-op/Association

  • HOA Fees: 67.00
  • Hoa Amenities: Beach, Marina
  • Hoa Fee Frequency: Monthly
  • H O A Includes: Water

Lot Info

  • Acres: 0.3000
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 13068.00
  • Price Per Acre: 2016666.67

Tax Info

  • Assessor Parcel Number: 029602004000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2023
Closed on
Sep 13, 2023
Sold by
Noel Ronald Earl
Bought by
Mar Dorado Llc
Seller's Agent
Jana Nelson
Compass
Buyer's Agent
Jessica Bartlett
Chase International - SLT
List Price
$709,000
Sold Price
$605,000
Premium/Discount to List
-$104,000
-14.67%
Total Days on Market
17
Views
444
Current Estimated Value
$714,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,734
Avg. Annual Appreciation
9.67%

Purchase Details

Listed on
Jul 13, 2023
Closed on
Aug 8, 2023
Sold by
Rezamand Ardalan
Bought by
Noel Ronald
Seller's Agent
Jana Nelson
Compass
Buyer's Agent
Jessica Bartlett
Chase International - SLT
List Price
$709,000
Sold Price
$605,000
Premium/Discount to List
-$104,000
-14.67%
Views
444

Purchase Details

Closed on
Apr 12, 2023
Sold by
Rezamand Mohammad
Bought by
Mohammad Rezamand Trust

Purchase Details

Closed on
Feb 20, 2023
Sold by
Rezamand Leila Sara
Bought by
Rezamand Ardalan

Purchase Details

Closed on
Apr 6, 2013
Sold by
Rezamand Mohammad
Bought by
Rezamand Mohammad and The Mohammad Rezamand Trust

Purchase Details

Closed on
Feb 22, 2011
Sold by
Lundberg Glenn R and Lundberg Kimrose W
Bought by
Rezamand Mohammad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2003
Sold by
Large Andrew and Lacy Large Nellie
Bought by
Lundberg Glenn R and Lundberg Kimrose W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,200
Interest Rate
7.9%

Purchase Details

Closed on
Aug 21, 2000
Sold by
Jordan Michael Richard and Jordan Susan
Bought by
Large Andrew and Lacy Large Nellie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
8.2%

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
Mar Dorado Llc $695,000 Placer Title
Noel Ronald $605,000 Placer Title
Rezamand Ardalan -- None Listed On Document
Rezamand Ardalan -- None Listed On Document
Rezamand Mohammad -- None Available
Rezamand Mohammad $175,000 Ticor Title Orange Branch
Lundberg Glenn R $339,000 Financial Title Co
Large Andrew $270,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rezamand Mohammad $408,750
Previous Owner Rezamand Mohammad $134,000
Previous Owner Rezamand Mohammad $140,000
Previous Owner Lundberg Glenn R $493,000
Previous Owner Lundberg Glenn R $259,200
Previous Owner Large Andrew $216,000
Closed Lundberg Glenn R $64,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2023 08/10/23 Sold $605,000 -10.9% $895 / Sq Ft
07/30/2023 07/30/23 Pending -- -- --
07/25/2023 07/25/23 Price Changed $679,000 -4.2% $1,004 / Sq Ft
07/13/2023 07/13/23 For Sale $709,000 -- $1,049 / 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
2024 $7,379 $695,000 $450,000 $245,000
2023 $2,310 $215,485 $153,922 $61,563
2022 $2,286 $211,260 $150,904 $60,356
2021 $2,324 $207,119 $147,946 $59,173
2020 $2,291 $204,996 $146,429 $58,567
2019 $2,280 $200,977 $143,558 $57,419
2018 $2,230 $197,038 $140,744 $56,294
2017 $2,196 $193,176 $137,985 $55,191
2016 $2,152 $189,389 $135,280 $54,109
2015 $2,044 $186,547 $133,249 $53,298
2014 $2,044 $182,895 $130,640 $52,255
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Tahoe Association of REALTORS®

MLS Number: 137118

South Tahoe Association of REALTORS®

APN: 029-602-004-000