$455,000
SOLD JUL 5, 2018

497 Tahoe Keys Blvd Unit 20 South Lake Tahoe, CA 96150

2 Beds
1.5 Baths
1,099 Sq Ft
$627/mo HOA Fee

Recently Sold

$414 Per Sq Ft

7% Below List Price

229 Days on Market

Highlights

  • Boat Dock
  • Boat Slip
  • Clubhouse
  • Beach
  • Mountain View
  • Deck

About This Home

As of June 2022

Remodeled in 2015 to include an expanded living area,this 2 bedroom, 1.5 bath will not disappoint. Walk upstairs to the warm and inviting living area to find a gas fireplace surrounded by granite ledger stone, gorgeous engineered wood flooring, a neutral paint color scheme, upgraded light fixtures, custom window treatments and a large deck to take in the mountain and water views. The kitchen features upscale Fisher-Paykel appliances that include an induction stove top range, microwave, two drawer dishwasher and refrigerator. In addition, the 1/2 bath has a new vanity, sink, faucet, new flooring and both bathrooms feature a Toto wash-let with heated seats. The upstairs bathroom has been adorned with a lighted mirror, new sinks, faucets and vanities, new tile flooring, and also features a remodeled shower with a thermal value shower faucet with rain system and detachable wand.This unit also has a easy access dock & a one car garage with a separate storage closet. Steps to HOA pool.

Last Agent to Sell the Property

Lorie Chapman

Sierra Sotheby's Int'l Realty License #01241080 Listed on: 10/31/2017

Sierra Sotheby's Int'l Realty

Last Buyer's Agent

Claudette Olsen

Coldwell Banker Select - LTB License #01208395

Coldwell Banker Select - LTB

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,418

Year Built

  • Built in 1975

Lot Details

  • Landscaped
  • Sprinkler System

HOA Fees

  • $627 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,099 Sq Ft Home
  • 3-Story Property
  • Built-in Bookshelves
  • Self Contained Fireplace Unit Or Insert
  • Double Pane Windows
  • Combination Dining and Living Room
  • Wood Flooring
  • Mountain Views
  • Laundry on upper level

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Shower Only

Outdoor Features

  • Boat Slip
  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 022421211000

Community Details

Overview

  • Association fees include water, exterior maintenance, snow removal, roof repairs, refuse, insurance
  • Cove South Townhouses Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Boat Dock
  • Pier or Dock
  • Beach
  • Tennis Courts
  • Community Pool
  • Park

Additional Features

  • Clubhouse
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,418

Year Built

Built in 1975

Lot Details

0

HOA Fees

$627 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Condominium
  • Location: Water Front
  • Additional Features: Built In Bookcase
  • Countertops: Tile, Natural Stone
  • Master Bdrm Features: Stall Shower
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Stories: 3
  • Year Built: 1975
  • Directions: Tahoe Keys Blvd past Venice.
  • OFFICELIST_STATE: CA
  • FILLSUBDIVISION: Cove South Townhouses
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Wood
  • Windows: Double Pane, Metal Frame
  • Master Bedroom: Yes
  • Bedrooms: 2
  • Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Kitchen: Garbage Disposal, Microwave Built-in, Dishwasher Built-in
  • Additional Rooms: Living/Dining Combo, Upstairs Living
  • Fireplace Description: Insert - Gas
  • Laundry Location: Upstairs
  • Price Per Square Foot: 414.01
  • Square Footage: 1099.00

Exterior Features

  • Construction: Wood Frame, Wood Siding
  • Exterior: Boat Slip
  • Foundation: Slab
  • Landscaped: Fully Landscaped
  • Patio Deck: Deck
  • Roof: Pitched, Composition
  • Views: Mountains

Garage/Parking

  • Garage Type: Attached
  • Garage: 1.00

Utilities

  • Sprinklers: Full Sprinklers
  • Heating/Cooling: Forced Air, Natural Gas
  • Utilities: ElectricityAvailable, NaturalGasAvailable, Well - Community, Cable TV, Telephone, High Speed Internet, Underground Utility
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • HOA Fees: 1882.00
  • Hoa Amenities: Pool, Tennis, Club House, Security, Beach, Dock, Pier, Park
  • Hoa Fee Frequency: Quarterly
  • H O A Includes: Water, Exterior Maintenance, Snow Removal, Roof Repairs, Refuse, Insurance

Association/Amenities

  • Entry Level Unit: 20

Lot Info

  • Acres: 0.0148
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 645.00
  • Price Per Acre: 30743243.24
  • Zoning: Single Family

Tax Info

  • Annual Taxes: 3418.00
  • Assessor Parcel Number: 022421211000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2017
Closed on
Jul 2, 2018
Sold by
Vallis Owen B and Vallis Cindy A
Bought by
Hogan Diane K and Hogan John S
Seller's Agent
Lorie Chapman
Sierra Sotheby's Int'l Realty
Buyer's Agent
Claudette Olsen
Coldwell Banker Select - LTB
List Price
$490,000
Sold Price
$455,000
Premium/Discount to List
-$35,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.91%

Purchase Details

Closed on
Feb 6, 2017
Sold by
Vallis Owen B and Vallis Cindy A
Bought by
Vallis Owen B and Vallis Cindy A

Purchase Details

Closed on
Aug 26, 2005
Sold by
Laugesen Denise
Bought by
Vallis Owen and Vallis Cindy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 25, 2002
Sold by
Zerwer Rosella M and Zerwer Donald L
Bought by
Laugesen Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
5.45%

Purchase Details

Closed on
Oct 24, 1997
Sold by
Martin Nicholas A and Martin Catherine A
Bought by
Zerwer Donald L and Zerwer Rosella M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,500
Interest Rate
7.36%

Purchase Details

Closed on
Aug 30, 1993
Sold by
Kleber Violet Maire
Bought by
Martin Nicholas A and Martin Catherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,400
Interest Rate
4.75%
Source: Public Records

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

Purchase History

Date Type Sale Price Title Company
Grant Deed $455,000 Old Republic Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $550,000 Fidelity National Title Co
Grant Deed $305,000 Fidelity National Title Co
Grant Deed $150,000 Old Republic Title Company
Grant Deed $141,500 Placer Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $440,000 Fannie Mae Freddie Mac
Previous Owner $205,000 No Value Available
Previous Owner $118,500 No Value Available
Previous Owner $110,400 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2025 09/19/25 Price Changed $549,000 -1.6% $500 / Sq Ft
08/19/2025 08/19/25 Price Changed $558,000 -6.8% $508 / Sq Ft
05/20/2025 05/20/25 Price Changed $599,000 -4.2% $545 / Sq Ft
04/04/2025 04/04/25 For Sale $625,000 -3.8% $569 / Sq Ft
06/23/2022 06/23/22 Sold $650,000 0.0% $591 / Sq Ft
05/24/2022 05/24/22 Pending -- -- --
05/24/2022 05/24/22 Price Changed $650,000 +1.7% $591 / Sq Ft
05/23/2022 05/23/22 For Sale $639,000 +40.4% $581 / Sq Ft
07/05/2018 07/05/18 Sold $455,000 -7.1% $414 / Sq Ft
06/17/2018 06/17/18 Pending -- -- --
10/31/2017 10/31/17 For Sale $490,000 -- $446 / 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 $7,254 $689,784 $106,120 $583,664
2024 $7,254 $676,260 $104,040 $572,220
2023 $7,122 $663,000 $102,000 $561,000
2022 $5,219 $478,284 $141,908 $336,376
2021 $5,139 $468,907 $139,126 $329,781
2020 $5,064 $464,100 $137,700 $326,400
2019 $5,040 $455,000 $135,000 $320,000
2018 $4,320 $390,000 $140,000 $250,000
2017 $3,422 $306,000 $108,000 $198,000
2016 $3,418 $306,000 $108,000 $198,000
2015 $3,339 $297,500 $108,000 $189,500
2014 $2,957 $268,500 $97,500 $171,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Tahoe Association of REALTORS®

MLS Number: 128450

South Tahoe Association of REALTORS®

APN: 022-421-021-000