$1,125,000
SOLD APR 10, 2013

569 Lucerne Way South Lake Tahoe, CA 96150

4 Beds
4 Baths
5,025 Sq Ft
0.28 Acres

Recently Sold

$224 Per Sq Ft

17% Below List Price

574 Days on Market

Highlights

  • Beach
  • Home fronts a lagoon or estuary
  • Mountain View
  • Indoor Pool
  • Built-In Refrigerator
  • Deck

About This Home

As of April 2013

One of the least expensive per sq. foot homes in the Keys. Great 1st. or second home. Features include four bedrooms three and one half baths a indoor pool,large master bedroom with fireplace. Beautiful views down channel and heavenly views. With a boat dock large enough to accommodate that sweet boat you always wanted.

Last Agent to Sell the Property

Joseph Olson

Chase International - South La License #01085490 Listed on: 08/29/2011

Last Buyer's Agent

Steve Eisen

Chase International - South La License #00449220

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,981

Year Built

  • Built in 1984

Lot Details

  • 0.28 Acre Lot
  • Home fronts a lagoon or estuary
  • Front Yard Sprinklers

HOA Fees

  • $160 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Frame Construction

Interior Spaces

  • 5,025 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Double Pane Windows
  • Mountain Views
  • Crawl Space
  • Laundry Room

Kitchen

  • Built-In Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Indoor Pool
  • Deck

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 022-111-18-100

Community Details

Overview

  • St Moritz Isle Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Beach
  • Tennis Courts
  • Community Pool

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,981

Year Built

Built in 1984

Lot Details

0

HOA Fees

$160 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Location: Backs to Lagoon
  • Additional Features: Indoor Pool
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Stories: 2
  • Year Built: 1984
  • OFFICELIST_STATE: CA
  • FILLSUBDIVISION: St Moritz Isle
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Windows: Double Pane
  • Bedrooms: 4
  • Bathrooms: 4.00
  • Full Bathrooms: 4
  • Kitchen: Garbage Disposal, Refrigerator Blt-in
  • Fireplace Description: Open Fireplace
  • Laundry Location: Laundry Room
  • Price Per Square Foot: 223.88
  • Square Footage: 5025.00

Exterior Features

  • Construction: Wood Frame
  • Foundation: Concrete/Crawl Space
  • Patio Deck: Deck
  • Roof: See Remarks
  • Views: Mountains

Garage/Parking

  • Garage Type: Attached
  • Garage: 2.00

Utilities

  • Sprinklers: Front
  • Heating/Cooling: Forced Air
  • Utilities: ElectricityAvailable, NaturalGasAvailable
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • HOA Fees: 1919.00
  • Hoa Amenities: Pool, Tennis, Security, Beach
  • Hoa Fee Frequency: Annually

Lot Info

  • Acres: 0.2781
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 12116.00
  • Price Per Acre: 4045307.44

Tax Info

  • Annual Taxes: 12980.78
  • Assessor Parcel Number: 022-111-18-100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2011
Closed on
Apr 4, 2013
Sold by
Penn Russell C
Bought by
Cosen Usa Llc
Seller's Agent
Joseph Olson
Chase International - South La
Buyer's Agent
Steve Eisen
Chase International - South La
List Price
$1,349,000
Sold Price
$1,125,000
Premium/Discount to List
-$224,000
-16.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.00%

Purchase Details

Closed on
Feb 10, 2011
Sold by
Summerhays Scott H
Bought by
Penn Russell

Purchase Details

Closed on
Sep 28, 2009
Sold by
Smith Charles E and Smith Revocable Livi Charles E
Bought by
Summerhays Scott H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875,000
Interest Rate
5.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 18, 2008
Sold by
Smith Charles E
Bought by
Smith Charles E and Smith Revocable Livi Charles E

Purchase Details

Closed on
Feb 13, 2006
Sold by
Smith Charles E
Bought by
Smith Charles E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.2%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 1, 2004
Sold by
Roter Jeffrey L and Roter Sandra J
Bought by
Smith Charles E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 2001
Sold by
Gordon Philip Stewart
Bought by
Roter Jeffrey L and Roter Sandra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$796,000
Interest Rate
7%

Purchase Details

Closed on
Aug 23, 1999
Sold by
Moorhouse Richard F
Bought by
Gordon Philip Stewart

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,000
Interest Rate
7.56%

Purchase Details

Closed on
Dec 5, 1994
Sold by
Moorhouse Richard F and Moorhouse Karen
Bought by
Moorhouse Richard F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,000
Interest Rate
3.95%
Source: Public Records

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Range of Values:

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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 $1,125,000 Old Republic Title Company
Trustee Deed $77,609 None Available
Grant Deed $1,250,000 Old Republic Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Old Republic Title Company
Grant Deed $1,600,000 Old Republic Title Co
Grant Deed $995,000 Old Republic Title Company
Grant Deed $719,000 Old Republic Title Company
Interfamily Deed Transfer -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $67,000 Stand Alone Second
Previous Owner $875,000 Purchase Money Mortgage
Previous Owner $263,700 Unknown
Previous Owner $200,000 Credit Line Revolving
Previous Owner $650,000 Purchase Money Mortgage
Previous Owner $650,000 Unknown
Previous Owner $796,000 No Value Available
Previous Owner $369,000 No Value Available
Previous Owner $309,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 For Sale $2,998,000 +166.5% $597 / Sq Ft
04/10/2013 04/10/13 Sold $1,125,000 -16.6% $224 / Sq Ft
03/25/2013 03/25/13 Pending -- -- --
08/29/2011 08/29/11 For Sale $1,349,000 -- $268 / 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
2024 $15,669 $1,358,180 $362,178 $996,002
2023 $15,242 $1,331,550 $355,077 $976,473
2022 $15,304 $1,305,442 $348,115 $957,327
2021 $14,022 $1,295,246 $341,290 $953,956
2020 $13,804 $1,280,724 $337,791 $942,933
2019 $13,740 $1,255,887 $331,168 $924,719
2018 $13,434 $1,231,537 $324,675 $906,862
2017 $13,224 $1,207,664 $318,309 $889,355
2016 $12,988 $1,187,200 $312,068 $875,132
2015 $12,297 $1,168,084 $307,382 $860,702
2014 $12,297 $1,144,107 $301,362 $842,745
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Tahoe Association of REALTORS®

MLS Number: 118329

South Tahoe Association of REALTORS®

APN: 022-111-018-000