NOT LISTED FOR SALE

701 Patricia Ln South Lake Tahoe, CA 96150

Estimated Value: $528,000 - $697,000

3 Beds
2 Baths
1,552 Sq Ft
$397/Sq Ft Est. Value

Last Sold April 11, 2024

Last sale price $690,000 $445 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $3,711/month

14 Days on Market

Highlights

  • Deck
  • Quartz Countertops
  • Double Pane Windows
  • Forest View
  • Game Room
  • Tile Flooring

About This Home

As of April 2024

This charming Tahoe home is completely remodeled and ready to move in immediately! The home is conveniently located 5 minutes from the Y for shopping, bars, and restaurants. There's also easy access to the bike path that leads to Camp Richardson, Fallen Leaf Lake and Tahoe public beaches.This 3 bed, 2 bath home includes a large bonus room which could be utilized as a game room, office space, nursery, family room, etc. The remodeled kitchen includes all new quartzite stone counter tops, tile back splash, two toned cabinets, all new stainless steel appliances, large single basin sink, a large island, and a pantry. The primary bedroom includes 2 closets and its own bathroom. Both bathrooms have been completely remodeled, with new tile flooring, new tub and shower stall, and new vanities. Other updated features include: newly reconstructed front redwood deck, luxury vinal plank and carpet, newer furnace, 2 gas fire places, all new windows, exteriors doors, new door hardware throughout, freshly painted inside and out, new light fixtures, and more! The extra long drive way has the capability of accommodating multiple vehicles. The spacious backyard could make the perfect outdoor living experience for those long summer nights!

Last Agent to Sell the Property

Alora Reynolds

Chase International - South La License #02087131 Listed on: 03/06/2024

Last Buyer's Agent

Rhonda Roth

Compass License #01302749

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,522

Year Built

  • Built in 1972

Lot Details

  • 7,841 Sq Ft Lot
  • Fenced

Home Design

  • Flat Roof Shape
  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • 1,552 Sq Ft Home
  • 1-Story Property
  • Free Standing Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Combination Dining and Living Room
  • Game Room
  • Forest Views
  • Crawl Space
  • Laundry in Hall

Kitchen

  • Electric Range
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Outdoor Features

  • Deck

Utilities

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

Community Details

  • Tahoe Tall Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 023561019000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,522

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Additional Features: Open Beam
  • Countertops: Quartz
  • Master Bdrm Features: Master Bath, Stall Shower
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Stories: 1
  • T R P A Land Cap Study: Yes
  • Year Built: 1972
  • Directions: From HWY 89, turn on 12th St., right on Patricia, home is on the left
  • OFFICELIST_STATE: CA
  • FILLSUBDIVISION: Tahoe Tall Acres
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Carpet, Tile, Vinyl
  • Windows: Double Pane, Vinyl Frame
  • Master Bedroom: Yes
  • Bedrooms: 3
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Kitchen: Garbage Disposal, Pantry, Dishwasher Built-in, Electric Range
  • Additional Rooms: Living/Dining Combo, Game Room
  • Fireplace Description: Freestanding -Gas
  • Laundry Location: Hall Closet
  • Price Per Square Foot: 444.59
  • Square Footage: 1552.00

Exterior Features

  • Construction: Wood Frame, Wood Siding
  • Fenced: Yes
  • Foundation: Concrete/Crawl Space
  • Patio Deck: Deck
  • Roof: Flat
  • Views: Forest

Utilities

  • Heating/Cooling: Forced Air, Natural Gas, Fireplace
  • Utilities: ElectricityAvailable, NaturalGasAvailable, City Water, City Sewer
  • Water Heater: Natural Gas

Lot Info

  • Acres: 0.1800
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 7841.00
  • Price Per Acre: 3833333.33

Tax Info

  • Assessor Parcel Number: 023561019000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2024
Closed on
Apr 2, 2024
Sold by
Sattelmayer Steven and Sattelmayer Kelli
Bought by
Peel Mary and Peel Nicholas Kyle
Seller's Agent
Alora Reynolds
Chase International - South La
Buyer's Agent
Rhonda Roth
Compass
List Price
$695,000
Sold Price
$690,000
Premium/Discount to List
-$5,000
-0.72%
Views
34
Current Estimated Value
$616,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$73,276
Avg. Annual Appreciation
-5.99%
Original Mortgage
$350,000
Outstanding Balance
$345,148
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$286,935

Purchase Details

Listed on
Oct 2, 2023
Closed on
Nov 21, 2023
Sold by
Schue Mark J
Bought by
Sattelmayer Steven and Sattelmayer Kelli
Seller's Agent
Theresa Souers
Berkshire Hathaway HS - SLT
Buyer's Agent
Alora Reynolds
Chase International - South La
List Price
$519,900
Sold Price
$418,000
Premium/Discount to List
-$101,900
-19.6%
Views
86

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
287.53%

Purchase Details

Closed on
Sep 9, 2023
Sold by
Schue Family Trust
Bought by
Schue Mark J

Purchase Details

Closed on
Feb 6, 2007
Sold by
Schue Mark Joseph and Schue Lynn Lorada
Bought by
Schue Mark J and Schue Lynn L

Purchase Details

Closed on
Oct 3, 2002
Sold by
Lomba Gary and Lomba Suzanne
Bought by
Schue Mark Joseph and Schue Lynn Lorada

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.17%

Purchase Details

Closed on
May 7, 2001
Sold by
Lomba Gary
Bought by
Lomba Gary and Lomba Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
10.5%

Purchase Details

Closed on
Apr 24, 2001
Sold by
Lomba Suzanne
Bought by
Lomba Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
10.5%

Purchase Details

Closed on
Oct 21, 1999
Sold by
Glenn Norman F
Bought by
Lomba Gary and Lomba Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,200
Interest Rate
9.99%
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
Peel Mary $690,000 Placer Title
Sattelmayer Steven $418,000 Old Republic Title
Schue Mark J -- None Listed On Document
Schue Mark J -- None Available
Schue Mark Joseph $210,000 Old Republic Title Co
Lomba Gary -- Old Republic Title Company
Lomba Gary -- Old Republic Title Company
Lomba Gary $133,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peel Mary $350,000
Previous Owner Schue Mark Joseph $188,000
Previous Owner Schue Mark Joseph $168,000
Previous Owner Lomba Gary $176,000
Previous Owner Lomba Gary $167,000
Previous Owner Lomba Gary $106,200
Closed Lomba Gary $13,275
Closed Schue Mark Joseph $21,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2024 04/11/24 Sold $690,000 -0.7% $445 / Sq Ft
03/20/2024 03/20/24 Pending -- -- --
03/06/2024 03/06/24 For Sale $695,000 +66.3% $448 / Sq Ft
11/27/2023 11/27/23 Sold $418,000 -11.1% $269 / Sq Ft
11/10/2023 11/10/23 Pending -- -- --
11/03/2023 11/03/23 Price Changed $470,000 -1.1% $303 / Sq Ft
10/26/2023 10/26/23 Price Changed $475,000 -2.7% $306 / Sq Ft
10/10/2023 10/10/23 Price Changed $488,000 -6.1% $314 / Sq Ft
10/02/2023 10/02/23 For Sale $519,900 -- $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 $4,522 $703,800 $211,140 $492,660
2024 $4,522 $418,000 $125,000 $293,000
2023 $3,632 $292,312 $76,551 $215,761
2022 $3,167 $286,581 $75,050 $211,531
2021 $3,118 $280,963 $73,579 $207,384
2020 $3,074 $278,083 $72,825 $205,258
2019 $3,059 $272,632 $71,398 $201,234
2018 $2,991 $267,288 $69,999 $197,289
2017 $2,944 $262,048 $68,627 $193,421
2016 $2,885 $256,911 $67,282 $189,629
2015 $2,855 $253,054 $66,272 $186,782
2014 $2,740 $248,099 $64,975 $183,124
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Tahoe Association of REALTORS®

MLS Number: 139890

South Tahoe Association of REALTORS®

APN: 023-561-019-000