NOT LISTED FOR SALE

761 Michael Dr South Lake Tahoe, CA 96150

Estimated Value: $675,000 - $838,000

3 Beds
2.5 Baths
1,560 Sq Ft
$466/Sq Ft Est. Value

Last Sold July 30, 2024

Last sale price $675,000 $433 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,261/month

23 Days on Market

Highlights

  • Boat Dock
  • Built-In Refrigerator
  • View of Meadow
  • Boat Slip
  • Deck
  • Front Porch

About This Home

As of July 2024

One of the best locations in Tahoe Island Park -- plus a boat slip on G-dock!The house isspacious, with good-sized rooms:living room, family room, eat-in kitchen, laundry room,3 bedrooms, 2 full bathrooms and a half bath, plus a 2-car garage and a large driveway.Downstairs living, with a door from the kitchen to the deck and large backyard, which backs to a strip of vacant lots (owned by TKPOA).All of the bedrooms are upstairs; the primary suite has a walk-in closet and ensuite bathroom.Mostly original, and updated as needed (roof in 2002, water heater in 2009, and furnace in 2018), this home is in move-in condition, but ready for you to update and make your own.Here is a perfect opportunity if you're looking for unlimited potential: a roomy house and yard with open space behind it, and a boat slip to enjoy the lake.

Last Agent to Sell the Property

Jill Teakell

Compass License #01388422 Listed on: 06/03/2024

Compass

Last Buyer's Agent

Kelly Flaherty

Engel & Völkers License #01730928

Engel & Völkers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,945

Year Built

  • Built in 1966

Lot Details

  • 7,405 Sq Ft Lot

HOA Fees

  • $203 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 1,560 Sq Ft Home
  • 2-Story Property
  • Self Contained Fireplace Unit Or Insert
  • Family Room
  • Views of Meadow
  • Crawl Space
  • Laundry Room

Kitchen

  • Oven
  • Built-In Refrigerator
  • Tile Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Boat Slip
  • Deck
  • Front Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 023745016000

Community Details

Overview

  • Tahoe Island Park 4 Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,945

Year Built

Built in 1966

Lot Details

0

HOA Fees

$203 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Additional Features: Garage Door Opener
  • Countertops: Tile
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Stories: 2
  • Year Built: 1966
  • OFFICELIST_STATE: CA
  • FILLSUBDIVISION: Tahoe Island Park 4
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Carpet, Sheet Vinyl
  • Windows: Single Pane
  • Bedrooms: 3
  • Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Kitchen: Refrigerator Blt-in, Single Oven
  • Additional Rooms: Family Room
  • Fireplace Description: Insert -Wood
  • Laundry Location: Laundry Room
  • Price Per Square Foot: 432.69
  • Square Footage: 1560.00

Exterior Features

  • Construction: Wood Frame, Wood Siding
  • Exterior: Boat Slip
  • Foundation: Concrete/Crawl Space
  • Patio Deck: Deck, Front Porch
  • Roof: Pitched, Composition
  • Views: Meadow

Garage/Parking

  • Garage Type: Attached
  • Garage: 2.00

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 2430.00
  • Hoa Amenities: Dock
  • Hoa Fee Frequency: Annually

Lot Info

  • Acres: 0.1700
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 7405.00
  • Price Per Acre: 3970588.24

Tax Info

  • Assessor Parcel Number: 023745016000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2024
Closed on
Jul 23, 2024
Sold by
Michael Lom Living Trust and Lom Michael
Bought by
Bardzell Daniel John and Bardzell Nicole Marie
Seller's Agent
Jill Teakell
Compass
Buyer's Agent
Kelly Flaherty
Engel & Völkers
List Price
$650,000
Sold Price
$675,000
Premium/Discount to List
$25,000
3.85%
Views
38
Current Estimated Value
$727,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,058
Avg. Annual Appreciation
6.12%
Original Mortgage
$641,250
Outstanding Balance
$633,532
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$93,526

Purchase Details

Closed on
Aug 26, 2002
Sold by
Lom Chow K and Lom Michael
Bought by
Lom Chow K and Hing J Lom & Chow K Lom Trust

Purchase Details

Closed on
May 26, 1999
Sold by
Knapp Richard L and Knapp Kenneth H
Bought by
Lom Chow K and Lom Michael
Source: Public Records

Range of Values:

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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
Bardzell Daniel John $675,000 Placer Title
Lom Chow K -- First American Title Co
Lom Chow K $175,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bardzell Daniel John $641,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2024 07/30/24 Sold $675,000 +3.8% $433 / Sq Ft
06/26/2024 06/26/24 Pending -- -- --
06/03/2024 06/03/24 For Sale $650,000 -- $417 / 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 $2,945 $675,000 $203,000 $472,000
2024 $2,945 $268,941 $53,779 $215,162
2023 $2,895 $263,669 $52,725 $210,944
2022 $2,866 $258,500 $51,692 $206,808
2021 $2,822 $253,432 $50,679 $202,753
2020 $2,782 $250,835 $50,160 $200,675
2019 $2,768 $245,918 $49,177 $196,741
2018 $2,707 $241,097 $48,213 $192,884
2017 $2,665 $236,370 $47,268 $189,102
2016 $2,612 $231,737 $46,342 $185,395
2015 $2,480 $228,258 $45,647 $182,611
2014 $2,480 $223,788 $44,753 $179,035
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Tahoe Association of REALTORS®

MLS Number: 140341

South Tahoe Association of REALTORS®

APN: 023-745-016-000