NOT LISTED FOR SALE

Estimated Value: $737,000 - $878,000

3 Beds
1 Bath
1,097 Sq Ft
$752/Sq Ft Est. Value

Last Sold June 15, 2020

Last sale price $535,000 $488 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $5,098/month

29 Days on Market

About This Home

As of June 2020

Enjoy the relaxing Tahoe Lifestyle on large sunny wrap around deck. This cozy 1950's cabin is a call to yesteryear in a quiet neighborhood. Located on over 1/3 acre w/ adjacent creek for a tranquil setting. Walk to the trailhead of Tahoe's Nat'l Forest. Access to a private pier & buoy. Additional coverage available making this a great investment. Feasibility Study has already been completed showing approx 4,400 sq ft of potential coverage. Home Warranty included. This is a dream cabin you can enjoy now!

Last Agent to Sell the Property

Sasha Spiegel

Chase International - TC License #01273539 Listed on: 04/29/2020

Chase International - TC

Last Buyer's Agent

Becky Arnold

Sierra Sotheby's Int Realty TC License #01262238

Sierra Sotheby's Int Realty TC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,162

Year Built

  • Built in 1959

Lot Details

  • 0.34 Acre Lot

HOA Fees

  • $126 Monthly HOA Fees

Parking

  • No Garage

Interior Spaces

  • 2-Story Property
  • Furniture Can Be Negotiated

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Community Details

  • North Laketahoe Community
  • Greenbelt

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,162

Year Built

Built in 1959

Lot Details

0

HOA Fees

$126 per month

Listing Details

  • Age: 50+ Years
  • Estimated Lot Size: .26 - .5
  • Community: North LakeTahoe
  • Number of Acres: 0.34
  • Service Type: Full Service
  • Setting: Greenbelt
  • Sub-Area: 2SO
  • Sub-Status: Standard
  • Year Built: 1959
  • Architecture: Old Tahoe
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Stories: Two
  • Water Company: Fulton Wat
  • Furnished: Negotiable
  • Bathrooms: 1
  • Bedrooms: 3

Exterior Features

  • Construction Phase: FINISHED

Garage/Parking

  • Garage: None

Condo/Co-op/Association

  • HOA Fees: 379
  • HOA Fee Frequency: Quarter
  • Other Dues Per: Snow r
  • HOA Membership: Y
  • Other Dues Amount: 502

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2020
Closed on
Jun 9, 2020
Sold by
Burke Gary M and Burke Beverly K
Bought by
Sherman Wade and Sherman Shauna
Seller's Agent
Sasha Spiegel
Chase International - TC
Buyer's Agent
Becky Arnold
Sierra Sotheby's Int Realty TC
List Price
$549,000
Sold Price
$535,000
Premium/Discount to List
-$14,000
-2.55%
Current Estimated Value
$825,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,157
Avg. Annual Appreciation
8.47%

Purchase Details

Closed on
Mar 14, 2014
Sold by
Burke Gary and Burke Beverly
Bought by
Burke Family Trust

Purchase Details

Closed on
Mar 8, 2012
Sold by
Sierra Equity Ventures I Lp
Bought by
Burke Gary and Burke Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2011
Sold by
Sierra Equity Acquisitions Llc
Bought by
Sierra Equity Ventures I Lp and Sierra Equity Acquisitions Llc

Purchase Details

Closed on
Apr 26, 2011
Sold by
Lanini Jeffrey and Lanini Krista
Bought by
Sierra Equity Acquisitions Llc

Purchase Details

Closed on
Jan 8, 2007
Sold by
Lanini Jeffrey and Lanini Krista
Bought by
Lanini Jeffrey P and Lanini Krista D

Purchase Details

Closed on
Nov 8, 2004
Sold by
Lanini Jeffrey P and Lanini Krista D
Bought by
Lanini Jeffrey and Lanini Krista

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2004
Sold by
Lanini Jeffrey and Lanini Krista
Bought by
Lanini Jeffrey P and Lanini Krista D

Purchase Details

Closed on
Aug 5, 2003
Sold by
Reynolds Craig
Bought by
Lanini Jeffrey and Lanini Krista

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 4, 2001
Sold by
Reynolds Craig A and Weitemeyer Nancy
Bought by
Reynolds Craig

Purchase Details

Closed on
Aug 18, 1997
Sold by
Reynolds C A and Reynolds Olga
Bought by
Reynolds C A and Reynolds Olga
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
Sherman Wade $535,000 First American Title Company
Burke Family Trust -- None Available
Burke Gary $275,000 First American Title Company
Sierra Equity Ventures I Lp -- First American Title Company
Sierra Equity Acquisitions Llc $248,500 First American Title
Lanini Jeffrey P -- None Available
Lanini Jeffrey -- First American Title
Lanini Jeffrey P -- --
Lanini Jeffrey $350,000 First American Title
Reynolds Craig $90,000 First American Title Guarant
Reynolds C A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burke Gary $220,000
Previous Owner Lanini Jeffrey $320,000
Previous Owner Lanini Jeffrey $280,000
Closed Lanini Jeffrey $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2020 06/15/20 Sold $535,000 -2.6% $488 / Sq Ft
05/28/2020 05/28/20 Pending -- -- --
04/29/2020 04/29/20 For Sale $549,000 -- $500 / 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 $7,162 $585,096 $246,068 $339,028
2023 $7,162 $562,378 $236,514 $325,864
2022 $6,879 $551,352 $231,877 $319,475
2021 $6,735 $540,542 $227,331 $313,211
2020 $4,280 $315,829 $143,558 $172,271
2019 $4,312 $309,638 $140,744 $168,894
2018 $3,892 $303,568 $137,985 $165,583
2017 $3,818 $297,617 $135,280 $162,337
2016 $3,772 $291,782 $132,628 $159,154
2015 $3,698 $287,400 $130,636 $156,764
2014 $3,595 $281,772 $128,078 $153,694
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20200679

Tahoe Sierra Board of REALTORS®

APN: 092-170-005