NOT LISTED FOR SALE

601 Lucerne Way South Lake Tahoe, CA 96150

Estimated Value: $1,552,438 - $1,876,000

4 Beds
3.5 Baths
2,388 Sq Ft
$691/Sq Ft Est. Value

Last Sold June 20, 2016

Last sale price $965,000 $404 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $9,791/month

32 Days on Market

Highlights

  • Marina
  • Docks
  • Boat Slip
  • Views of Ski Resort
  • Pier or Dock
  • Spa

About This Home

As of June 2016

This updated Tahoe Keys home features a great waterfront location and incredible views. Currently a successful vacation rental, all the high end furnishings, dcor, and electronics are included with the sale. The prime lot features 60' of frontage, a new boat dock with room for 3 boats, and is just moments from the lake entrance. The upstairs living floor plan boasts a remodeled kitchen with granite counters, stainless appliances, and two separate living areas. Two fireplaces, a pool table, 3 decks, and a hot tub are just some of the other great amenities. A large master suite includes a spacious bathroom with double sinks, jetted tub and huge walk in travertine shower. Downstairs are 2 additional bedrooms and a waterside Jr. master with direct deck access. Call for details on the rental income and management program, which can significantly offset mortgage and ownership expenses.

Last Agent to Sell the Property

Michael Keller

Keller Properties License #01374418 Listed on: 03/26/2016

Last Buyer's Agent

Madeleine Gutierrez

Coldwell Banker Select - LTB License #01324436

Coldwell Banker Select - LTB

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,948

Year Built

  • Built in 1983

Lot Details

  • 9,450 Sq Ft Lot
  • Home fronts a lagoon or estuary
  • Landscaped
  • Sprinkler System
  • Lawn

HOA Fees

  • $163 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Additional Parking

Property Views

  • Ski Resort
  • Mountain
  • Forest

Home Design

  • Wood Frame Construction
  • Pitched Roof
  • Composition Roof
  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • 2,388 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Fireplace
  • Double Pane Windows
  • Family Room
  • Living Room
  • Crawl Space
  • Laundry Room

Kitchen

  • Oven
  • Built-In Microwave
  • Dishwasher
  • Granite Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Stone Countertops In Bathroom
  • Dual Sinks
  • Jetted Tub and Shower Combination in Primary Bathroom

Outdoor Features

  • Spa
  • Boat Slip
  • Docks
  • Deck
  • Covered Patio or Porch

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Underground Utilities
  • Community Well
  • Natural Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 022-111-24-10

Community Details

Overview

  • Association fees include water
  • Tahoe Keys Units 2 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

$11,948

Year Built

Built in 1983

Lot Details

0

HOA Fees

$163 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Location: Water Front, Backs to Lagoon
  • Additional Features: Garage Door Opener, Hot Tub, Furnished Per Invtry, Vaulted Ceilings, Open Beam, Spa/Whirlpool
  • Countertops: Tile, Granite, Natural Stone
  • Master Bdrm Features: Master Bath, Double Sinks, Jetted Tub, Stall Shower, Nat Stone Counter, Nat Stone Flooring, Slab Counters
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Stories: 2
  • Year Built: 1983
  • OFFICELIST_STATE: CA
  • FILLSUBDIVISION: Tahoe Keys Units 2
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Carpet, Tile
  • Windows: Double Pane, Metal Frame
  • Master Bedroom: Yes
  • Bedrooms: 4
  • Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Kitchen: Garbage Disposal, Microwave Built-in, Dishwasher Built-in, Single Oven
  • Additional Rooms: Living Room, Family Room
  • Fireplace Description: Open Fireplace
  • Laundry Location: Laundry Room
  • Price Per Square Foot: 404.10
  • Square Footage: 2388.00

Exterior Features

  • Construction: Wood Frame, Wood Siding, Rock
  • Exterior: Spa/Hot Tub, Boat Slip, Boat Dock
  • Foundation: Concrete/Crawl Space
  • Landscaped: Lawn, Fully Landscaped
  • Patio Deck: Deck, Covered, Uncovered
  • Roof: Pitched, Composition
  • Views: Mountains, Forest, Ski Resort

Garage/Parking

  • Garage Type: Attached
  • Garage: 2.00

Utilities

  • Sprinklers: Full Sprinklers
  • Heating/Cooling: Hot Water System, Baseboard
  • Utilities: ElectricityAvailable, NaturalGasAvailable, Well - Community, City Sewer, Cable TV, Telephone, High Speed Internet, Underground Utility
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • HOA Fees: 1960.00
  • Hoa Amenities: Pool, Tennis, Spa, Additional Parking, Security, Beach, Pier, Marina, Park
  • Hoa Fee Frequency: Annually
  • H O A Includes: Water

Lot Info

  • Acres: 0.2169
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 9450.00
  • Price Per Acre: 4449054.86

Tax Info

  • Assessor Parcel Number: 022-111-24-10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2020
Sold by
Tnt Investments Llc
Bought by
Hu Felix and Chen Paulina
Current Estimated Value
$1,649,110

Purchase Details

Closed on
Dec 20, 2017
Sold by
Hu Felix and Chen Paulina
Bought by
Tnt Investments Llc

Purchase Details

Listed on
Mar 26, 2016
Closed on
Jun 14, 2016
Sold by
601 Lucerne Llc
Bought by
Hu Chen Family Trust
Seller's Agent
Michael Keller
Keller Properties
Buyer's Agent
Madeleine Gutierrez
Coldwell Banker Select - LTB
List Price
$999,000
Sold Price
$965,000
Premium/Discount to List
-$34,000
-3.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.89%
Original Mortgage
$675,500
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 25, 2014
Sold by
Fanini Christopher F
Bought by
601 Lucerne Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,500
Interest Rate
3.6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 26, 2013
Closed on
Jun 18, 2013
Sold by
Baldivid Chris and Walker Land Company 401 K Prof
Bought by
Fanini Christopher F
Seller's Agent
Chris Baldivid
Walker Land Company
Buyer's Agent
Michael Keller
Keller Properties
List Price
$735,000
Sold Price
$735,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.76%

Purchase Details

Listed on
Jun 26, 2013
Closed on
Jun 17, 2013
Sold by
Compass Bank
Bought by
Baldivid Chris and Walker Land Company 401 K Prof
Seller's Agent
Chris Baldivid
Walker Land Company
Buyer's Agent
Michael Keller
Keller Properties
List Price
$735,000
Sold Price
$735,000

Purchase Details

Closed on
Nov 30, 2012
Sold by
Mckinney Teryl A
Bought by
Compass Bank

Purchase Details

Closed on
Feb 17, 2010
Sold by
Mckinney Teryl A
Bought by
Mckinney Teryl and Mckinney Living Trust

Purchase Details

Closed on
Jul 18, 2007
Sold by
Mckinney Teryl A and Coit Teryl A
Bought by
Mckinney Teryl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$870,000
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2004
Sold by
Coit Teryl A
Bought by
Coit Teryl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2003
Sold by
Haynes Lynne S and Lynne S Haynes Trust
Bought by
Coit Teryl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
5.75%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 19, 2003
Sold by
Coit Arthur Leon
Bought by
Coit Teryl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
5.75%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 24, 2000
Sold by
Haynes Lynne S
Bought by
Haynes Lynne S and Lynne S Haynes Trust

Purchase Details

Closed on
Jun 29, 1998
Sold by
Roman Kenneth Tr and Roman Fam Trust A Of 2-3-86
Bought by
Haynes Lynne S

Purchase Details

Closed on
Jun 18, 1998
Sold by
Haynes Daniel
Bought by
Haynes Lynne S

Purchase Details

Closed on
Sep 27, 1994
Sold by
Roman Kenneth and The Roman Family Trust
Bought by
Roman Kenneth and The Roman Family Trust

Purchase Details

Closed on
Oct 22, 1991
Sold by
Roman Kenneth and Roman Lorraine C
Bought by
Roman Kenneth and Roman Lorraine C
Source: Public Records

Range of Values:

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Average Value
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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
Hu Felix -- None Available
Tnt Investments Llc -- None Available
Hu Chen Family Trust $965,000 Old Republic Title Company
601 Lucerne Llc -- Fidelity National Title Co
Fanini Christopher F $735,000 First American Title Company
Baldivid Chris $659,000 First American Title
Compass Bank $607,500 None Available
Mckinney Teryl -- None Available
Mckinney Teryl A -- First American Title Ins Co
Coit Teryl A -- First American Title Co
Coit Teryl A $650,000 Fidelity Natl Title Co
Coit Teryl A -- Fidelity Natl Title Co
Haynes Lynne S -- --
Haynes Lynne S $350,000 Placer Title Company
Haynes Lynne S -- Placer Title Company
Roman Kenneth -- --
Roman Kenneth -- --
Roman Kenneth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hu Chen Family Trust $675,500
Previous Owner 601 Lucerne Llc $500,500
Previous Owner Mckinney Teryl A $870,000
Previous Owner Coit Teryl A $532,000
Previous Owner Coit Teryl A $520,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/20/2016 06/20/16 Sold $965,000 -3.4% $404 / Sq Ft
04/27/2016 04/27/16 Pending -- -- --
03/26/2016 03/26/16 For Sale $999,000 +35.9% $418 / Sq Ft
06/26/2013 06/26/13 Sold $735,000 0.0% $308 / Sq Ft View Prior Sale
06/26/2013 06/26/13 Pending -- -- --
06/26/2013 06/26/13 For Sale $735,000 -- $308 / 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 $11,948 $1,142,356 $414,325 $728,031
2024 $11,948 $1,119,957 $406,201 $713,756
2023 $11,740 $1,097,998 $398,237 $699,761
2022 $11,624 $1,076,470 $390,429 $686,041
2021 $11,443 $1,059,774 $382,774 $677,000
2020 $11,373 $1,053,544 $378,850 $674,694
2019 $11,319 $1,033,064 $371,422 $661,642
2018 $11,067 $1,012,986 $364,140 $648,846
2017 $10,796 $984,300 $357,000 $627,300
2016 $8,528 $776,547 $286,062 $490,485
2015 $8,427 $763,975 $281,766 $482,209
2014 $8,075 $748,236 $276,248 $471,988
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Tahoe Association of REALTORS®

MLS Number: 125566

South Tahoe Association of REALTORS®

APN: 022-111-024-000