NOT LISTED FOR SALE

533 Emerald Dr Unit 330 South Lake Tahoe, CA 96150

Estimated Value: $644,315 - $846,000

3 Beds
2 Baths
1,390 Sq Ft
$530/Sq Ft Est. Value

Last Sold July 02, 2024

Last sale price $665,000 $478 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,938/month

195 Days on Market

Highlights

  • Marina
  • Boat Dock
  • Boat Slip
  • Views of Ski Resort
  • Boat or Launch Ramp
  • Home fronts a lagoon or estuary

About This Home

As of July 2024

Located in the wonderful community of Tahoe Keys, this well priced waterfront townhome offers a boat dock just steps from your own back door! The desirable end unit features spacious upstairs living with picturesque views of the water and Heavenly Ski Resort where open beam ceilings hover over the light and bright floorplan. The recent remodel includes, new kitchen and baths finished with granite & tile, new carpets, wide plank tile flooring, gas fireplace, updated lighting, heating system, water heater and more. Hike, bike, cross country ski, boat to the lake and enjoy all Tahoe Keys amenities from this attractive waterfront value! Seller has paid the 29k HOA assessment for the exterior remodel.

Last Agent to Sell the Property

Peter Delilli

Sierra Sotheby's Int'l Realty License #00923047 Listed on: 11/10/2023

Sierra Sotheby's Int'l Realty

Last Buyer's Agent

Clayton Humphries

Compass License #01952558

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,850

Year Built

  • Built in 1970

Lot Details

  • 871 Sq Ft Lot
  • Home fronts a lagoon or estuary
  • Landscaped
  • Sprinkler System

HOA Fees

  • $750 Monthly HOA Fees

Property Views

  • Lagoon
  • Ski Resort
  • Mountain
  • Forest

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Pitched Roof

Interior Spaces

  • 1,390 Sq Ft Home
  • 2-Story Property
  • Self Contained Fireplace Unit Or Insert
  • Tile Flooring
  • Crawl Space
  • Laundry in Hall

Kitchen

  • Oven
  • Electric Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Stone Countertops In Bathroom
  • Shower Only

Eco-Friendly Details

  • Passive Solar Power System

Outdoor Features

  • Boat or Launch Ramp
  • Boat Slip
  • Docks
  • Deck
  • Patio

Utilities

  • Forced Air Heating System
  • Underground Utilities
  • Natural Gas Water Heater
  • High Speed Internet
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 022195028000

Community Details

Overview

  • Association fees include water, exterior maintenance, snow removal, roof repairs, refuse, insurance
  • St Moritz Townhouses 3 Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Boat Dock
  • Pier or Dock
  • Marina
  • Beach
  • Tennis Courts
  • Community Pool
  • Community Spa

Additional Features

  • Clubhouse
  • Security Service

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,850

Year Built

Built in 1970

Lot Details

0

HOA Fees

$750 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Townhouse
  • Location: Water Front, Backs to Lagoon
  • Additional Features: Open Beam
  • Master Bdrm Features: Primary Bath, Stall Shower, Nat Stone Counter, Slab Counters
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Stories: 2
  • Year Built: 1970
  • Directions: Venice to Emerald Drive. Pull into 533 parking lot, corner unit.
  • OFFICELIST_STATE: CA
  • FILLSUBDIVISION: St Moritz Townhouses 3
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Floor Covering: Tile
  • Windows: Single Pane
  • Master Bedroom: Yes
  • Bedrooms: 3
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Kitchen: Garbage Disposal, Pantry, Microwave Built-in, Dishwasher Built-in, Electric Range, Single Oven
  • Additional Rooms: Upstairs Living
  • Fireplace Description: Insert - Gas
  • Laundry Location: Hall Closet
  • Price Per Square Foot: 478.42
  • Square Footage: 1390.00

Exterior Features

  • Construction: Wood Frame
  • Exterior: Boat Slip, Boat Dock
  • Foundation: Concrete/Crawl Space, Slab
  • Landscaped: Fully Landscaped
  • Patio Deck: Patio, Deck
  • Roof: Pitched
  • Views: Mountains, Lagoon, Forest, Ski Resort

Utilities

  • Sprinklers: Full Sprinklers
  • Heating/Cooling: Forced Air, Fireplace
  • Utilities: City Sewer, Telephone, High Speed Internet, Underground Utility
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • HOA Fees: 2250.00
  • Hoa Amenities: Pool, Tennis, Spa, Club House, Security, Beach, Dock, Pier, Boat Launch, Marina
  • Hoa Fee Frequency: Quarterly
  • H O A Includes: Water, Exterior Maintenance, Snow Removal, Roof Repairs, Refuse, Insurance

Association/Amenities

  • Entry Level Unit: 330

Lot Info

  • Acres: 0.0200
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 871.00
  • Price Per Acre: 33250000.00
  • Zoning: Single Family

Green Features

  • Green Features: Passive Solar

Tax Info

  • Assessor Parcel Number: 022195028000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2023
Closed on
Jun 25, 2024
Sold by
Calvin Revocable Living Trust and Calvin Edward L
Bought by
Preethi Prasad Trust and Prasad
Seller's Agent
Peter Delilli
Sierra Sotheby's Int'l Realty
Buyer's Agent
Clayton Humphries
Compass
List Price
$739,000
Sold Price
$665,000
Premium/Discount to List
-$74,000
-10.01%
Views
300
Current Estimated Value
$737,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,329
Avg. Annual Appreciation
8.14%
Original Mortgage
$300,000
Outstanding Balance
$296,444
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$440,885

Purchase Details

Closed on
Oct 14, 2006
Sold by
Olson C B and Olson Joanne G
Bought by
Calvin Edward L and Calvin Marilyn G

Purchase Details

Closed on
Dec 9, 2004
Sold by
Olson C B and Olson Joanne G
Bought by
Olson C B and Olson Joanne G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,950
Interest Rate
2.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2004
Sold by
Olson Carl and Olson Joanne
Bought by
Olson C B and Olson Joanne G

Purchase Details

Closed on
Oct 4, 2002
Sold by
Portillo Anthony R and Portillo Shannon R
Bought by
Olson Carl and Olson Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
6.17%

Purchase Details

Closed on
Nov 8, 2001
Sold by
Vail Edwin H and Vail Doreen W
Bought by
Portillo Anthony R and Portillo Shannon R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,300
Interest Rate
9%

Purchase Details

Closed on
Jun 8, 1999
Sold by
Vail Edwin H and Vail Doreen W
Bought by
Vail Edwin H and Vail Doreen W
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
Preethi Prasad Trust $665,000 First American Title
Calvin Edward L $560,627 Fidelity Natl Title Co Of Ca
Olson C B -- Fidelity National Financial
Olson C B -- Fidelity National Financial
Olson C B -- --
Olson Carl $365,000 Old Republic Title Co
Portillo Anthony R $287,000 Old Republic Title Company
Vail Edwin H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Preethi Prasad Trust $300,000
Previous Owner Olson C B $302,950
Previous Owner Olson Carl $292,000
Previous Owner Portillo Anthony R $258,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2024 07/02/24 Sold $665,000 0.0% $478 / Sq Ft
05/31/2024 05/31/24 Off Market $665,000 -- --
05/23/2024 05/23/24 Pending -- -- --
01/11/2024 01/11/24 Price Changed $699,000 -5.4% $503 / Sq Ft
11/10/2023 11/10/23 For Sale $739,000 -- $532 / 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 $3,850 $665,000 $100,000 $565,000
2024 $3,850 $354,500 $117,000 $237,500
2023 $3,851 $354,500 $117,000 $237,500
2022 $3,894 $354,500 $117,000 $237,500
2021 $3,909 $354,500 $117,000 $237,500
2020 $3,891 $354,500 $117,000 $237,500
2019 $3,948 $354,500 $117,000 $237,500
2018 $3,936 $354,500 $117,000 $237,500
2017 $3,950 $354,500 $117,000 $237,500
2016 $3,456 $309,500 $101,000 $208,500
2015 $3,470 $309,500 $101,000 $208,500
2014 $3,224 $293,500 $95,500 $198,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Tahoe Association of REALTORS®

MLS Number: 139578

South Tahoe Association of REALTORS®

APN: 022-195-028-000