NOT LISTED FOR SALE

561 Danube Dr South Lake Tahoe, CA 96150

8 Beds
6 Baths
4,096 Sq Ft
10,550 Sq Ft Lot

Last Sold September 19, 2014

Last sale price $605,000 $148 Per Sq Ft

6 Days on Market

Highlights

  • Patio
  • High Speed Internet
  • Wood Siding
  • Forced Air Heating System

About This Home

As of September 2014

561 Danube Drive is a rare opportunity to purchase one of only a few multifamily properties in the Tahoe Keys. Four separate units, each 1024 square feet, every unit has two bedrooms, 1 1/2 bathrooms, an individual deck and a private fenced yard. Residents have access to the Tahoe Keys HOA amenities, including a private beach, pier, indoor and outdoor pools, 7 tennis courts, beach volleyball, and numerous parks. HOA dues for all four units are only $1800/year total. This is an excellent opportunity to own a great investment property with long term tenants, or would allow an owner to keep a unit for personal use while maintaining a great income from the other 3. Don't hesitate and call for more details today!

Last Agent to Sell the Property

Michael Keller

Keller Properties License #01374418 Listed on: 08/14/2014

Last Buyer's Agent

Wisi Betschart

Compass License #01443404

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 10,550

Home Design

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

Interior Spaces

  • 8 Bedrooms
  • 4,096 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Utilities

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

Additional Features

  • Patio
  • 10,550 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 022-021-01-10

Community Details

Overview

  • 4 Units
  • Tahoe Keys 01 Subdivision

Building Details

  • Operating Expense $14,000
  • Gross Income $48,000
  • Net Operating Income $34,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Duplex
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Year Built: 1971
  • Miscellaneous: Sep. Water Heater, Tenant Pays Utlities
  • OFFICELIST_STATE: CA
  • FILLSUBDIVISION: Tahoe Keys 01
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Windows: Single Pane, Metal Frame
  • Bedrooms: 8
  • Laundry: In Unit
  • Price Per Square Foot: 147.71
  • Square Footage: 4096.00
  • Number Of Stories: Two Story

Exterior Features

  • Construction: Wood Frame, Wood Siding
  • Foundation: Slab
  • Roof: Pitched, Composition
  • Exterior Features: Patio/Balcony

Utilities

  • Heating/Cooling: Forced Air, Natural Gas
  • Utilities: NaturalGasAvailable, City Sewer, Cable TV, High Speed Internet, Telephone
  • Water Heater: Natural Gas

Lot Info

  • Acres: 0.2422
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 10550.00
  • Price Per Acre: 2497935.59

Rental Info

  • Effective Rental Income: 48000.00
  • Rental Agrmton File: Yes
  • Rnt Scheduleon File: Yes

Tax Info

  • Assessor Parcel Number: 022-021-01-10

Multi Family

  • Total Units: 4
  • First Unit Bedrooms Bathrooms: 2 Beds 1.5 Baths
  • Unit 2 Bedrooms Bathrooms: 2 Beds 1.5 Baths
  • Unit 3 Bedrooms Bathrooms: 2 Beds 1.5 Baths
  • Unit 4 Unit Bedrooms Bathrooms: 2 Beds 1.5 Baths

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2014 09/19/14 Sold $605,000 -2.3% $148 / Sq Ft
08/20/2014 08/20/14 Pending -- -- --
08/14/2014 08/14/14 For Sale $619,000 -- $151 / Sq Ft
Source: South Tahoe Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Tahoe Association of REALTORS®

MLS Number: 123051

South Tahoe Association of REALTORS®

APN: 022-021-01-100