NOT LISTED FOR SALE

662 Victor Place Tahoe City, CA 96145

Estimated Value: $966,000 - $1,187,705

3 Beds
2 Baths
1,602 Sq Ft
$681/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $750,000 $468 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $6,702/month

328 Days on Market

Highlights

  • Mountain View
  • Deck
  • Living Room with Fireplace
  • Tahoe Lake Elementary School Rated A-
  • Wood Burning Stove
  • Mountain Architecture

About This Home

As of July 2020

This adorable Squaw Valley cabin offers three bedrooms, two bathrooms and an attached two-car garage. While the property has been tastefully updated and meticulously maintained, this sweet location on a short, quiet, cul-de-sac must be seen to be appreciated! The level lot, open space behind the house, beautiful lawn, landscaping and horse-shoe pit add to the charm of this property. Turn- key / great rental history. Lowest price /cleanest entry level sf in SV. Buyer to cooperate with Sellers' 1031 Exchange.

Last Agent to Sell the Property

Tamara Mckinney

Sierra Sotheby's Int Realty TC License #01451608 Listed on: 08/08/2019

Last Buyer's Agent

Tamara Mckinney

Sierra Sotheby's Int Realty TC License #01451608 Listed on: 08/08/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,052

Year Built

  • Built in 1960

Lot Details

  • 9,845 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Mountain Architecture
  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,602 Sq Ft Home
  • 2-Story Property
  • Furniture Can Be Negotiated
  • Wood Burning Stove
  • Free Standing Fireplace
  • Mud Room
  • Living Room with Fireplace
  • Carpet
  • Mountain Views

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Heating System Mounted To A Wall or Window
  • Heating System Uses Propane
  • Utility District

Additional Features

  • Green Energy Fireplace or Wood Stove
  • Deck

Community Details

  • Squaw Valley Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,052

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Age: 50+ Years
  • Estimated Lot Size: 0 - .255
  • Community: Squaw Valley
  • Directions: From Squaw Valley Road, R on Victor Drive, L on Victor Place, house on R
  • Number of Acres: 0.226
  • Service Type: Full Service
  • Setting: Street
  • Sub-Area: 6SV
  • Sub-Status: Standard
  • Topography: Level
  • Year Built: 1960
  • Other: Rental History
  • Sewer: Utility District
  • Estimated Sq Ft: ASSESSOR
  • Architecture: Mountain
  • Sign YN: Y
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Heating: Propane, CFAH, Wall Unit, Wood Stove
  • Estimated Sq Ft: 1602
  • Stories: Two
  • Water Company: SVPSD
  • Gas: Propane
  • Water: Utility District
  • Appliances: Range, Oven, Dishwasher, Refrigerator, Washer, Dryer
  • Bonus Rooms: Mud Room
  • Fireplace: Living Room, Freestanding
  • Furnished: Negotiable
  • Bathrooms: 2
  • Bedrooms: 3
  • Wood Stove: Living Room, Freestanding
  • Floor Coverings: Carpet, Tile

Exterior Features

  • View: Mountain, Ski Resort
  • Foundation: Perim Concrete
  • Roof: Metal
  • Decks: 1
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: Two
  • Garage/Parking: Attached

Utilities

  • Laundry: Room

Lot Info

  • Lot Number: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2019
Closed on
Jul 24, 2020
Sold by
Monforte Salvatore F and Monforte Johanna W
Bought by
Scherer Thomas A and Scherer Briana L
Seller's Agent
Tamara Mckinney
Sierra Sotheby's Int Realty TC
Buyer's Agent
Tamara Mckinney
Sierra Sotheby's Int Realty TC
List Price
$799,500
Sold Price
$750,000
Premium/Discount to List
-$49,500
-6.19%
Current Estimated Value
$1,091,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,676
Avg. Annual Appreciation
7.04%
Original Mortgage
$510,400
Outstanding Balance
$455,604
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$604,149

Purchase Details

Closed on
Oct 9, 2009
Sold by
Monforte Salvatore F and Teller Monforte Johanna W
Bought by
Monforte Salvatore F and Monforte Johanna W

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
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2008
Sold by
Monforte Salvatore and Monforte Johanna
Bought by
Monforte Salvatore F and Teller Monforte Johanna W

Purchase Details

Closed on
Nov 22, 2004
Sold by
Lspi Exchange Corp
Bought by
Monforte Salvatore and Monforte Johanna

Purchase Details

Closed on
Jun 24, 2004
Sold by
Tolman Gary C and Tolman Barbara A
Bought by
Lspi Exchange Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$553,939
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage
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
Scherer Thomas A $750,000 Fidelity Natl Ttl Co Of Ca
Monforte Salvatore F -- Fidelity National Title Co
Monforte Salvatore F -- Fidelity Natl Title Co Of Ca
Monforte Salvatore F -- None Available
Monforte Salvatore $553,000 Placer Title
Lspi Exchange Corp $550,000 Placer Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scherer Thomas A $510,400
Previous Owner Monforte Salvatore F $200,000
Previous Owner Lspi Exchange Corp $553,939
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $750,000 -6.2% $468 / Sq Ft
07/01/2020 07/01/20 Pending -- -- --
05/02/2020 05/02/20 For Sale $799,500 +6.6% $499 / Sq Ft
05/01/2020 05/01/20 Off Market $750,000 -- --
08/08/2019 08/08/19 For Sale $885,000 -- $552 / 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 $9,052 $811,822 $432,972 $378,850
2023 $9,052 $780,300 $416,160 $364,140
2022 $8,758 $765,000 $408,000 $357,000
2021 $8,432 $750,000 $400,000 $350,000
2020 $8,005 $700,993 $395,107 $305,886
2019 $8,088 $687,249 $387,360 $299,889
2018 $7,573 $673,774 $379,765 $294,009
2017 $7,434 $660,564 $372,319 $288,245
2016 $7,360 $647,613 $365,019 $282,594
2015 $7,215 $637,887 $359,537 $278,350
2014 $7,006 $625,393 $352,495 $272,898
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20192480

Tahoe Sierra Board of REALTORS®

APN: 096-240-005