NOT LISTED FOR SALE

596 Alpine Dr South Lake Tahoe, CA 96150

Estimated Value: $1,595,000 - $1,701,000

3 Beds
2.5 Baths
2,637 Sq Ft
$622/Sq Ft Est. Value

Last Sold April 15, 2016

Last sale price $851,000 $323 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $9,899/month

20 Days on Market

Highlights

  • Marina
  • Boat or Launch Ramp
  • Spa
  • Docks
  • Pier or Dock
  • Home fronts a lagoon or estuary

About This Home

As of April 2016

Enjoy the Tahoe Keys lifestyle in this well maintained waterfront home! This 2637 square foot home is currently a successful vacation rental and is sold fully furnished. The well designed upstairs includes oversize windows and a rear deck to enjoy the picturesque mountain and water views. The great room is perfect for entertaining and has tall vaulted cedar plank ceilings, recessed lighting, an open fireplace and plenty of natural sunlight. The master bedroom has views of Heavenly Ski Resort and a master bathroom with a jetted tub, two sink vanity, and custom tile shower. Downstairs is a spacious family room with a fireplace, open beam ceilings, a wet bar and access to the lower deck and hot tub. This lovely home is located on a sunny and fully landscaped lot with a paving stone driveway and a fenced rear yard. Tahoe Keys homeowners also enjoy access to the indoor and outdoor pools, spas, tennis courts, private beach, launch ramp, security, and more! This property is a must see!

Last Agent to Sell the Property

Brent Johnson

Chase International - South La License #01474921 Listed on: 01/02/2016

Last Buyer's Agent

Scott Pearce

Chase International - South La License #01246102

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,676

Year Built

  • Built in 1989

Lot Details

  • 8,074 Sq Ft Lot
  • Home fronts a lagoon or estuary
  • Fenced
  • Landscaped
  • Sprinkler System

HOA Fees

  • $163 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Pitched Roof
  • Shake Roof

Interior Spaces

  • 2,637 Sq Ft Home
  • Furnished
  • Vaulted Ceiling
  • Fireplace
  • Double Pane Windows
  • Great Room
  • Family Room
  • Mountain Views
  • Crawl Space
  • Laundry on upper level

Kitchen

  • Double Oven
  • Gas Range
  • Dishwasher
  • Tile Countertops
  • Prep Sink
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Tile Bathroom Countertop
  • Dual Sinks
  • Jetted Tub and Shower Combination in Primary Bathroom

Outdoor Features

  • Spa
  • Boat or Launch Ramp
  • Docks
  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 022-332-13-100

Community Details

Overview

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

Recreation

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

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,676

Year Built

Built in 1989

Lot Details

0

HOA Fees

$163 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Location: Backs to Lagoon
  • Additional Features: Garage Door Opener, Hot Tub, Furnished Per Invtry, Vaulted Ceilings, Open Beam
  • Countertops: Tile
  • Master Bdrm Features: Master Bath, Double Sinks, Jetted Tub, Stall Shower, Tile Counters
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Year Built: 1989
  • Directions: Venice to Alpine Drive
  • OFFICELIST_STATE: CA
  • FILLSUBDIVISION: Aloha Isle
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Floor Covering: Carpet, Tile
  • Windows: Double Pane, Metal Frame
  • Master Bedroom: Yes
  • Bedrooms: 3
  • Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Kitchen: Garbage Disposal, Trash Compactor, Dishwasher Built-in, Gas Range, Double Oven, Veggie Sink
  • Additional Rooms: Family Room, Great Room
  • Fireplace Description: Open Fireplace
  • Laundry Location: Upstairs
  • Price Per Square Foot: 322.72
  • Square Footage: 2637.00

Exterior Features

  • Construction: Wood Frame
  • Exterior: Boat Dock
  • Fenced: Yes
  • Foundation: Concrete/Crawl Space
  • Landscaped: Fully Landscaped
  • Patio Deck: Deck
  • Roof: Pitched, Shake
  • Views: Mountains

Garage/Parking

  • Garage Type: Attached
  • Garage: 2.00

Utilities

  • Sprinklers: Full Sprinklers
  • Heating/Cooling: Forced Air, Natural Gas
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • HOA Fees: 1952.00
  • Hoa Amenities: Pool, Tennis, Spa, Security, Beach, Pier, Boat Launch, Marina, Park
  • Hoa Fee Frequency: Annually

Lot Info

  • Acres: 0.1854
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 8074.00
  • Price Per Acre: 4590075.51

Tax Info

  • Annual Taxes: 5676.00
  • Assessor Parcel Number: 022-332-13-100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2016
Closed on
Mar 17, 2016
Sold by
The Racinelli Family Limited Partnership
Bought by
Olsen Michael and Jensen Susie Lou
Seller's Agent
Brent Johnson
Chase International - South La
Buyer's Agent
Scott Pearce
Chase International - South La
List Price
$884,000
Sold Price
$851,000
Premium/Discount to List
-$33,000
-3.73%
Current Estimated Value
$1,640,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$789,049
Avg. Annual Appreciation
6.33%
Original Mortgage
$625,600
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Olsen Michael $851,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olsen Michael $564,640
Closed Olsen Michael $625,600
Previous Owner The Racinelli Family Limited Partnership $250,000
Previous Owner The Racinelli Family Limited Partnership $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2016 04/15/16 Sold $851,000 -3.7% $323 / Sq Ft
01/22/2016 01/22/16 Pending -- -- --
01/02/2016 01/02/16 For Sale $884,000 -- $335 / 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 $10,426 $995,567 $355,136 $640,431
2024 $10,426 $976,047 $348,173 $627,874
2023 $10,244 $956,910 $341,347 $615,563
2022 $10,143 $938,148 $334,654 $603,494
2021 $9,985 $919,754 $328,093 $591,661
2020 $9,840 $910,324 $324,729 $585,595
2019 $9,906 $902,975 $318,362 $584,613
2018 $9,573 $874,976 $312,120 $562,856
2017 $9,421 $857,820 $306,000 $551,820
2016 $9,342 $519,327 $142,655 $376,672
2015 $5,676 $511,686 $140,513 $371,173
2014 $5,458 $502,920 $137,761 $365,159
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Tahoe Association of REALTORS®

MLS Number: 125256

South Tahoe Association of REALTORS®

APN: 022-332-013-000