NOT LISTED FOR SALE

741 Patricia Ln South Lake Tahoe, CA 96150

Estimated Value: $581,000 - $685,882

3 Beds
2 Baths
1,498 Sq Ft
$423/Sq Ft Est. Value

Last Sold November 13, 2023

Last sale price $565,000 $377 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,959/month

14 Days on Market

Highlights

  • Built-In Refrigerator
  • 2 Car Attached Garage
  • Walk-In Closet
  • Lawn
  • Wet Bar
  • Patio

About This Home

As of November 2023

Fabulous fundamentals for this Tahoe fixer-upper! Located in the popular Tahoe Island Drive area, close to the bike path providing incredible access to South Shore's beaches and recreational trails, this property offers a great opportunity for sweat equity. Hard to find characteristics include the large, fenced parcel of over 7,800 square feet, three bedrooms and two bathrooms in a generous 1,498 square feet of living space, all-important attached two car garage, and roof replaced in late 2019. Property is vacant and ready for your imagination!

Last Agent to Sell the Property

Matthew Lucksinger

Lake Valley Properties License #01994459 Listed on: 09/30/2023

Last Buyer's Agent

Jonathon Cefalu

Berkshire Hathaway HS - SLT License #02135194

Berkshire Hathaway HS - SLT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,077

Year Built

  • Built in 1966

Lot Details

  • 7,841 Sq Ft Lot
  • Fenced
  • Lawn

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 1,498 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Self Contained Fireplace Unit Or Insert
  • Living Room
  • Crawl Space
  • Laundry Room

Kitchen

  • Oven
  • Electric Range
  • Built-In Microwave
  • Built-In Refrigerator

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • Tahoe Tall Acres Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 023561010000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,077

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Additional Features: Garage Door Opener, Wet Bar, Walk In Closet
  • Master Bdrm Features: Stall Shower, Walk-In Closet
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Stories: 1
  • Year Built: 1966
  • Directions: 12th or 10th streets to Patricia Lane.
  • OFFICELIST_STATE: CA
  • FILLSUBDIVISION: Tahoe Tall Acres
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Carpet, Vinyl
  • Master Bedroom: Yes
  • Bedrooms: 3
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Kitchen: Refrigerator Blt-in, Microwave Built-in, Electric Range, Single Oven
  • Additional Rooms: Living Room
  • Fireplace Description: Insert -Wood
  • Laundry Location: Laundry Room
  • Price Per Square Foot: 377.17
  • Square Footage: 1498.00

Exterior Features

  • Construction: Wood Frame, Wood Siding
  • Fenced: Yes
  • Foundation: Concrete/Crawl Space
  • Landscaped: Lawn
  • Patio Deck: Patio
  • Roof: Pitched, Composition

Garage/Parking

  • Garage Type: Attached
  • Garage: 2.00

Utilities

  • Heating/Cooling: Forced Air, Natural Gas, Fireplace
  • Utilities: ElectricityAvailable, NaturalGasAvailable, City Water, City Sewer, Cable TV, Telephone, High Speed Internet
  • Water Heater: Natural Gas

Lot Info

  • Acres: 0.1800
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 7841.00
  • Price Per Acre: 3138888.89

Tax Info

  • Assessor Parcel Number: 023561010000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2023
Closed on
Nov 8, 2023
Sold by
Suzanne Bendixen Revocable Trust
Bought by
Perez Luis Enrique and Correa Cecilia Bonilla
Seller's Agent
Matthew Lucksinger
Lake Valley Properties
Buyer's Agent
Jonathon Cefalu
Berkshire Hathaway HS - SLT
List Price
$550,000
Sold Price
$565,000
Premium/Discount to List
$15,000
2.73%
Views
66
Current Estimated Value
$633,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,721
Avg. Annual Appreciation
6.66%
Original Mortgage
$554,766
Outstanding Balance
$545,217
Interest Rate
7.31%
Mortgage Type
FHA
Estimated Equity
$88,504

Purchase Details

Closed on
Feb 10, 2022
Sold by
Bendixen Suzanne L
Bought by
Suzanne Bendixen Revocable Tru
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
Perez Luis Enrique $565,000 Placer Title
Suzanne Bendixen Revocable Tru -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Luis Enrique $554,766
Previous Owner Bendixen Mark A $186,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2023 11/13/23 Sold $565,000 +2.7% $377 / Sq Ft
10/14/2023 10/14/23 Pending -- -- --
09/30/2023 09/30/23 For Sale $550,000 -- $367 / 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 $6,077 $576,300 $173,400 $402,900
2024 $6,077 $565,000 $170,000 $395,000
2023 $1,703 $151,260 $19,498 $131,762
2022 $1,686 $148,295 $19,116 $129,179
2021 $1,661 $145,389 $18,742 $126,647
2020 $1,637 $143,899 $18,550 $125,349
2019 $1,630 $141,079 $18,187 $122,892
2018 $1,594 $138,314 $17,831 $120,483
2017 $1,570 $135,603 $17,482 $118,121
2016 $1,539 $132,945 $17,140 $115,805
2015 $1,463 $130,950 $16,884 $114,066
2014 $1,463 $128,387 $16,554 $111,833
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Tahoe Association of REALTORS®

MLS Number: 139460

South Tahoe Association of REALTORS®

APN: 023-561-010-000