NOT LISTED FOR SALE

56 Observation Dr Tahoe City, CA 96145

Estimated Value: $1,675,000 - $1,864,000

3 Beds
2 Baths
1,888 Sq Ft
$935/Sq Ft Est. Value

Last Sold June 07, 2022

Last sale price $1,700,000 $900 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $11,256/month

9 Days on Market

About This Home

As of June 2022

This upgraded 3 bedroom home features fantastic views of Lake Tahoe & has massive floor to ceiling windows which bring in tons of light. Great room floor plan, with nice views from kitchen, and loft. Very spacious lakeview deck. Short bike ride to Tahoe City & world class skiing, Join Hoa and access gated sandy beach, pier, buoy field, lakeside tennis courts & pool. Build your tahoe legacy and memories!

Last Agent to Sell the Property

Kelly Smith

Centr-21 Tahoe North, Realtors License #01100871 Listed on: 04/25/2022

Last Buyer's Agent

Linda Granger

Christie's Int'l R.E. Sereno License #01048013

Christie's Int'l R.E. Sereno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,660

Lot Details

  • Lot Sloped Up

Parking

  • 1 Car Garage

Home Design

  • Mountain Architecture
  • Updated or Remodeled

Interior Spaces

  • 2-Story Property
  • Partially Furnished

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Community Details

  • North Laketahoe Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,660

Lot Details

0

Listing Details

  • Age: 40+ Years
  • Estimated Lot Size: .26 - .5
  • Community: North LakeTahoe
  • Directions: tahoe dollar drive right on observation house on left hand side. short walk to hoa pool
  • Service Type: Full Service
  • Setting: Street
  • Sub-Area: 3NR
  • Sub-Status: Standard
  • Topography: Upslope
  • Architecture: Mountain
  • Property Condition: Minor Remodel
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Stories: Two
  • Furnished: Partial
  • Bathrooms: 2
  • Bedrooms: 3

Exterior Features

  • View: Lake
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: One

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2022
Closed on
Jun 1, 2022
Sold by
Paul Campos 2017 Separate Property Trust
Bought by
Burke Kodiak and Burke Laura
Seller's Agent
Kelly Smith
Centr-21 Tahoe North, Realtors
Buyer's Agent
Linda Granger
Christie's Int'l R.E. Sereno
List Price
$1,599,000
Sold Price
$1,700,000
Premium/Discount to List
$101,000
6.32%
Current Estimated Value
$1,765,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,137
Avg. Annual Appreciation
1.86%
Original Mortgage
$1,360,000
Outstanding Balance
$1,291,964
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$511,881

Purchase Details

Listed on
Jul 10, 2018
Closed on
Aug 10, 2018
Sold by
Sitter Kelly Lynn
Bought by
Campos Paul
Seller's Agent
Becky Arnold
Sierra Sotheby's Int Realty TC
Buyer's Agent
Chuck Day
Max Day Real Estate
List Price
$999,000
Sold Price
$999,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.02%
Original Mortgage
$499,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2014
Sold by
Cunningham Sitter Kelly Lynn
Bought by
Sitter Kelly Lynn

Purchase Details

Closed on
Sep 17, 2013
Sold by
Cunningham Marie Jeannette
Bought by
Cunningham Cunningham Marie Jeannette Marie Jeannette

Purchase Details

Closed on
Mar 27, 2002
Sold by
Cunningham Marie Jeanette
Bought by
Cunningham Marie Jeanette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.84%
Mortgage Type
Purchase Money Mortgage
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
Burke Kodiak $1,700,000 New Title Company Name
Campos Paul $999,000 First American Title Co
Sitter Kelly Lynn -- None Available
Cunningham Cunningham Marie Jeannette Marie Jeannette -- None Available
Cunningham Marie Jeanette -- Financial Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burke Kodiak $1,360,000
Previous Owner Campos Paul $463,000
Previous Owner Campos Paul $484,350
Previous Owner Campos Paul $499,500
Previous Owner Cunningham Marie Jeanette $264,000
Previous Owner Cunningham Marie Jeanette $20,000
Previous Owner Cunningham Marie Jeanette $272,000
Previous Owner Cunningham Marie Jeanette $272,000
Previous Owner Cunningham Marie Jeanette $80,000
Previous Owner Cunningham Marie Jeannette $192,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2022 06/07/22 Sold $1,700,000 +6.3% $900 / Sq Ft
05/04/2022 05/04/22 Pending -- -- --
04/25/2022 04/25/22 For Sale $1,599,000 +60.1% $847 / Sq Ft
08/20/2018 08/20/18 Sold $999,000 0.0% $529 / Sq Ft
07/17/2018 07/17/18 Pending -- -- --
07/10/2018 07/10/18 For Sale $999,000 -- $529 / 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 $19,660 $1,804,053 $424,483 $1,379,570
2023 $19,660 $1,734,000 $408,000 $1,326,000
2022 $12,166 $1,050,126 $473,030 $577,096
2021 $11,708 $1,029,536 $463,755 $565,781
2020 $11,721 $1,018,980 $459,000 $559,980
2019 $11,839 $999,000 $450,000 $549,000
2018 $4,989 $412,293 $123,682 $288,611
2017 $4,895 $404,209 $121,257 $282,952
2016 $4,839 $396,284 $118,880 $277,404
2015 $4,743 $390,333 $117,095 $273,238
2014 $4,609 $382,688 $114,802 $267,886
Source: Public Records

Agents Affiliated with this Home

  • Kelly Smith

    Seller's Agent in 2022

    Kelly Smith

    Centr-21 Tahoe North, Realtors

    (530) 386-3379

    21 in this area

    155 Total Sales

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  • Linda Granger

    Buyer's Agent in 2022

    Linda Granger

    Christie's Int'l R.E. Sereno

    (530) 624-0008

    26 in this area

    250 Total Sales

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  • Becky Arnold

    Seller's Agent in 2018

    Becky Arnold

    Sierra Sotheby's Int Realty TC

    (530) 363-0176

    36 in this area

    84 Total Sales

    Section Image
  • Chuck Day

    Buyer's Agent in 2018

    Chuck Day

    Max Day Real Estate

    (530) 320-7600

    2 in this area

    48 Total Sales

    Section Image
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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20220665

Tahoe Sierra Board of REALTORS®

APN: 093-104-012

California Placer County Tahoe City 96145

56 Observation Dr, Tahoe City, CA

This home is located at 56 Observation Dr, Tahoe City, CA 96145 since 25 April 2022 and is currently estimated at $1,765,137, approximately $934 per square foot. 56 Observation Dr is a home located in Placer County with nearby schools including North Tahoe School, Tahoe Lake Elementary School, and North Tahoe High School.

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