NOT LISTED FOR SALE

5550 Nile St Carnelian Bay, CA 96140

Estimated Value: $902,582 - $1,101,000

2 Beds
2 Baths
1,266 Sq Ft
$758/Sq Ft Est. Value

Last Sold September 23, 2014

Last sale price $425,000 $336 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $5,759/month

41 Days on Market

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • Level Lot
  • Kings Beach Elementary School Rated A-
  • Multiple Outdoor Decks

About This Home

As of September 2014

This charming Old Tahoe cabin is located in beautiful Agate Bay on quaint Nile Road. Offering many upgrades such as a newer roof, updated kitchen and bathrooms, huge skylights in the master bedroom with electric shades. Office adjacent to master can be easily converted back to the 3rd bedroom. The exterior is beautifully landscaped with lush foliage and offers plenty of paved parking.

Last Agent to Sell the Property

Trudi Lee

Sierra Sotheby's Int Realty TC License #00776200 Listed on: 07/13/2014

Sierra Sotheby's Int Realty TC

Last Buyer's Agent

Christine Morrison

Home and Slate Real Estate License #01261512

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,393

Year Built

  • Built in 1958

Lot Details

  • Property fronts a private road
  • Level Lot
  • Property is zoned r1

Parking

  • No Garage

Home Design

  • Composition Roof
  • Metal Roof

Interior Spaces

  • 1,266 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Living Room with Fireplace

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Multiple Outdoor Decks

Utilities

  • Heating System Uses Natural Gas
  • Utility District

Community Details

  • North Laketahoe Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,393

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Age: 50+ Years
  • Estimated Lot Size: .26 - .5
  • Community: North LakeTahoe
  • Directions: Sahara to Nile Road. Third house on the right.
  • Service Type: Full Service
  • Setting: Street
  • SPCDISC: Private Road
  • Sub-Area: 2NR
  • Sub-Status: Standard
  • Topography: Level
  • Year Built: 1958
  • Zoning: r1
  • Cross Street: Sahara
  • Sewer: Utility District
  • Estimated Sq Ft: ASSESSOR
  • Architecture: Old Tahoe
  • Sign YN: y
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Heating: Natural Gas
  • Estimated Sq Ft: 1266
  • Stories: Two
  • Water Company: Agate Bay
  • Fireplace: Living Room
  • Furnished: Partial
  • Bathrooms: 2
  • Bedrooms: 2
  • Floor Coverings: Carpet, Wood

Exterior Features

  • Roof: Composition, Metal
  • Decks: 2
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: None

Lot Info

  • Lot Number: L 33 AGATE BAY HTS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2021
Sold by
Milani Louis M and Milani Kristine C
Bought by
Milani Louis M and Milani Kristine C
Current Estimated Value
$959,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,350
Outstanding Balance
$259,863
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$619,274

Purchase Details

Closed on
Aug 10, 2021
Sold by
Milani Louis M and Milani Kristine G
Bought by
Milani Louis M and Milani Kristine C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,350
Outstanding Balance
$259,863
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$619,274

Purchase Details

Closed on
May 2, 2019
Sold by
Milani Louis M and Milani Kristine C
Bought by
Milani Louis M and Milani Kristine C

Purchase Details

Listed on
Jul 13, 2014
Closed on
Sep 26, 2014
Sold by
Weger J Michael
Bought by
Milani Louis M and Milani Kristine C
Seller's Agent
Trudi Lee
Sierra Sotheby's Int Realty TC
Buyer's Agent
Christine Morrison
Home and Slate Real Estate
List Price
$479,000
Sold Price
$425,000
Premium/Discount to List
-$54,000
-11.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.91%
Original Mortgage
$325,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 1995
Sold by
Weger John M
Bought by
Weger J Michael
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Milani Louis M -- Bnt Title Company Of Ca
Milani Louis M -- Bnt Title Company Of Ca
Milani Louis M -- None Available
Milani Louis M $425,000 First American Title Company
Weger J Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Milani Louis M $284,350
Closed Milani Louis M $325,000
Previous Owner Weger J M $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2014 09/23/14 Sold $425,000 -11.3% $336 / Sq Ft
08/23/2014 08/23/14 Pending -- -- --
07/13/2014 07/13/14 For Sale $479,000 -- $378 / Sq Ft
Source: Tahoe Sierra Board 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 $6,393 $510,779 $240,367 $270,412
2023 $6,393 $490,946 $231,034 $259,912
2022 $6,122 $481,320 $226,504 $254,816
2021 $5,904 $471,883 $222,063 $249,820
2020 $5,902 $467,046 $219,787 $247,259
2019 $5,952 $457,889 $215,478 $242,411
2018 $5,490 $448,911 $211,253 $237,658
2017 $5,387 $440,110 $207,111 $232,999
2016 $5,325 $431,481 $203,050 $228,431
2015 $5,219 $425,000 $200,000 $225,000
2014 $1,280 $77,246 $21,899 $55,347
Source: Public Records

Agents Affiliated with this Home

  • Trudi Lee

    Seller's Agent in 2014

    Trudi Lee

    Sierra Sotheby's Int Realty TC

    (530) 448-3006

    11 in this area

    21 Total Sales

    Section Image
  • Christine Morrison

    Buyer's Agent in 2014

    Christine Morrison

    Home and Slate Real Estate

    (530) 412-0484

    6 in this area

    406 Total Sales

    Section Image
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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20142072

Tahoe Sierra Board of REALTORS®

APN: 116-220-027

California Placer County Carnelian Bay 96140

5550 Nile St, Carnelian Bay, CA

This home is located at 5550 Nile St, Carnelian Bay, CA 96140 since 13 July 2014 and is currently estimated at $959,146, approximately $757 per square foot. This property was built in 1958. 5550 Nile St is a home located in Placer County with nearby schools including Kings Beach Elementary School, North Tahoe School, and North Tahoe High School.

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