NOT LISTED FOR SALE

726 Michael Dr South Lake Tahoe, CA 96150

Estimated Value: $721,000 - $883,000

4 Beds
3 Baths
1,512 Sq Ft
$525/Sq Ft Est. Value

Last Sold December 09, 2021

Last sale price $740,000 $489 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,852/month

6 Days on Market

Highlights

  • Greenhouse
  • Maid or Guest Quarters
  • Forest View
  • Spa
  • Deck
  • Wood Flooring

About This Home

As of December 2021

Outstanding location! Situated in a quiet neighborhood and just a short walk away from the beach. 726 Michael provides a great opportunity to purchase a beautiful centrally located home right outside of Tahoe Keys HOA. The corner lot backs up to forest service land, providing the fully fenced backyard and covered hot tub extra privacy. A fully renovated cabin style downstairs features log furniture, a gas fireplace, hand scraped hickory hardwood floors, refrigerator, and provides a separate living space with great rental potential. The split 3 car garage (2+1) offers a generous amount of parking and storage space. Pet friendly artificial grass in the backyard (doggy turf'') requires little maintenance and stays green through every season! Equipped with updated tankless water heater, two completely rebuilt large decks, and sold fully furnished/move in ready. This house is a must see!

Last Agent to Sell the Property

Colin Farnsworth

Compass License #02102847 Listed on: 11/11/2021

Compass

Last Buyer's Agent

Jennifer Peterson

Jennifer Peterson, Broker License #01786443

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,245

Year Built

  • Built in 1971

Lot Details

  • 6,098 Sq Ft Lot
  • Fenced
  • Drip System Landscaping

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Pitched Roof
  • Shingle Roof
  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • 1,512 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Self Contained Fireplace Unit Or Insert
  • Forest Views
  • Laundry in Hall

Kitchen

  • Oven
  • Electric Range
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Maid or Guest Quarters
  • 3 Full Bathrooms
  • Shower Only

Outdoor Features

  • Spa
  • Deck
  • Greenhouse

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Water Heated On Demand
  • High Speed Internet
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 023752009000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,245

Year Built

Built in 1971

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Additional Features: Garage Door Opener, Hot Tub, Furnished Per Invtry
  • Countertops: Tile
  • Master Bdrm Features: Master Bath, Stall Shower
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Stories: 2
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Carpet, Vinyl, Wood
  • Master Bedroom: Yes
  • Bedrooms: 4
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Kitchen: Garbage Disposal, Electric Range, Single Oven
  • Additional Rooms: Guest Quarters, Upstairs Living
  • Fireplace Description: Insert - Gas, Insert -Pellet
  • Laundry Location: Hall Closet
  • Price Per Square Foot: 489.42
  • Square Footage: 1512.00

Exterior Features

  • Construction: Wood Siding, Rock
  • Exterior: Spa/Hot Tub, Bear-Proof Trash Can, Greenhouse
  • Fenced: Yes
  • Foundation: Slab
  • Landscaped: Fully Landscaped
  • Patio Deck: Deck
  • Roof: Pitched, Shingle
  • Views: Forest

Garage/Parking

  • Garage Type: Attached
  • Garage: 3

Utilities

  • Sprinklers: Drip - Primarily
  • Heating/Cooling: Forced Air, Natural Gas, Fireplace
  • Utilities: ElectricityAvailable, NaturalGasAvailable, City Water, City Sewer, Telephone, High Speed Internet
  • Water Heater: Natural Gas

Lot Info

  • Acres: 0.1400
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 6098.00
  • Price Per Acre: 5285714.29
  • Zoning: Single Family

Green Features

  • Green Features: On Demand H2O Heater

Tax Info

  • Assessor Parcel Number: 023752009000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2021
Closed on
Nov 30, 2021
Sold by
Deluca Francis and Hawks Deluca Paula
Bought by
Peterson David A and Peterson Lianne A
Seller's Agent
Colin Farnsworth
Compass
Buyer's Agent
Jennifer Peterson
Jennifer Peterson, Broker
List Price
$750,000
Sold Price
$740,000
Premium/Discount to List
-$10,000
-1.33%
Current Estimated Value
$794,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,183
Avg. Annual Appreciation
1.84%

Purchase Details

Closed on
Nov 19, 2014
Sold by
Hawks Deluca Paula
Bought by
Deluca Francis and Hawks Deluca Paula

Purchase Details

Closed on
Nov 14, 2014
Sold by
Ju Michael and Chang Yu Chin
Bought by
Hawks Deluca Paula

Purchase Details

Closed on
May 30, 2013
Sold by
Ju Michael and Chang Yu Chin
Bought by
Ju Michael and Chang Yu Chin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,779
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2010
Sold by
Siah Louis
Bought by
Siah Teresa

Purchase Details

Closed on
Jan 24, 2000
Sold by
Elder Richard D and Elder Kimberly G
Bought by
Ju Michael and Chang Yu Chin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
8.37%
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
Peterson David A $740,000 Old Republic Title Company
Deluca Francis -- Placer Title Company
Hawks Deluca Paula $335,000 Placer Title Company
Siah Teresa -- Placer Title Company
Ju Michael -- Servicelink
Siah Teresa -- None Available
Ju Michael $185,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ju Michael $125,779
Previous Owner Ju Michael $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2021 12/09/21 Sold $740,000 -1.3% $489 / Sq Ft
11/17/2021 11/17/21 Pending -- -- --
11/11/2021 11/11/21 For Sale $750,000 -- $496 / 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 $8,245 $785,293 $196,323 $588,970
2024 $8,245 $769,896 $192,474 $577,422
2023 $8,101 $754,800 $188,700 $566,100
2022 $8,021 $379,389 $58,886 $320,503
2021 $4,096 $374,641 $57,732 $316,909
2020 $4,096 $373,639 $57,141 $316,498
2019 $4,077 $366,421 $56,021 $310,400
2018 $3,988 $359,345 $54,923 $304,422
2017 $3,927 $352,408 $53,847 $298,561
2016 $3,789 $340,107 $52,792 $287,315
2015 $2,626 $335,000 $52,000 $283,000
2014 $2,626 $237,437 $43,874 $193,563
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Tahoe Association of REALTORS®

MLS Number: 135062

South Tahoe Association of REALTORS®

APN: 023-752-009-000