NOT LISTED FOR SALE

8581 North Ln Tahoma, CA 96142

Estimated Value: $5,158,500

4 Beds
4.5 Baths
3,051 Sq Ft
$1,691/Sq Ft Est. Value

Last Sold April 20, 2017

Last sale price $5,000,000 $1,639 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $33,214/month

235 Days on Market

Highlights

  • Lake Front
  • Pier
  • Recreation Room
  • Tahoe Lake Elementary School Rated A-
  • Living Room with Fireplace
  • Wood Flooring

About This Home

As of April 2017

Set on a pristine stretch of white sand beach in Rubicon Bay, this home takes one's breath away. Artfully re-crafted by renown Loverde Builders in a comfortable, yet elegant mountain style. Generous use of vertical grain fir and natural stone creates a rich and inviting interior. Main house is 3 bedrooms, 3.5 bath; guest quarters above garage 1 bed, 1 bath. Guest house not included in sq footage. Shared pier plus buoy. Stunning views of Heavenly Valley, the azure waters of Rubicon Bay, and its shoreline.

Last Agent to Sell the Property

Bill Dietz

Tahoe Luxury Properties License #01431063 Listed on: 06/28/2016

Last Buyer's Agent

Jeff Hamilton

Sierra Sotheby's Int Realty TC License #01362610

Sierra Sotheby's Int Realty TC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $61,286

Lot Details

  • 0.68 Acre Lot
  • Lake Front
  • Level Lot

Home Design

  • Mountain Architecture
  • Updated or Remodeled
  • Composition Roof

Interior Spaces

  • 3,051 Sq Ft Home
  • 2-Story Property
  • Furniture Can Be Negotiated
  • Family Room
  • Living Room with Fireplace
  • Recreation Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Pier

Utilities

  • Hydronic Heating System
  • Radiant Heating System
  • Heating System Uses Propane
  • Utility District

Community Details

  • Property has a Home Owners Association
  • Westshore Lk Th Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$61,286

Lot Details

0

Listing Details

  • Age: 20+ Years
  • Estimated Lot Size: .51 - .755
  • Community: Westshore LK TH
  • Number of Acres: 0.6844
  • Optional Financing: Cash To New Loan
  • Service Type: Full Service
  • Setting: Lakefront
  • Sub-Area: 5SO
  • Sub-Status: Standard
  • Topography: Level, Downslope
  • Other: High Ceilings, Landscaping, Phone, Cable TV, Rental History, High Speed Internet
  • Sewer: Utility District
  • Estimated Sq Ft: ASSESSOR
  • Architecture: Mountain
  • Property Condition: Extensive Remodel, Like New
  • Sign YN: Y
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Heating: Propane, Hydronic, Radiant
  • Estimated Sq Ft: 3051
  • Stories: Two
  • Gas: Propane
  • Water: Utility District
  • Appliances: Range, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer
  • Bonus Rooms: Family Room, Rec Room
  • Fireplace: Living Room
  • Furnished: Negotiable
  • Bathrooms: 4.5
  • Bedrooms: 4
  • Floor Coverings: Carpet, Stone, Wood

Exterior Features

  • View: Lake, Panoramic-Lake, Ski Resort
  • Construction Exterior: Framed
  • Waterfront Amenities: Buoy, Shared Pier
  • Roof: Composition
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: Two
  • Garage/Parking: Detached, Gar Door Opener

Utilities

  • Laundry: Room

Condo/Co-op/Association

  • HOA Membership: Y

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2018
Sold by
Botton Tatiana S
Bought by
8581 North Lane Llc
Current Estimated Value
$5,158,500

Purchase Details

Listed on
Jun 28, 2016
Closed on
Mar 30, 2017
Sold by
Mulligan Peter and Mulligan Sharmila
Bought by
Botton Tatiana S
Seller's Agent
Bill Dietz
Tahoe Luxury Properties
Buyer's Agent
Jeff Hamilton
Sierra Sotheby's Int Realty TC
List Price
$5,995,000
Sold Price
$5,000,000
Premium/Discount to List
-$995,000
-16.6%

Purchase Details

Closed on
Dec 23, 2011
Sold by
Selective Rubicon Property Llc
Bought by
Mulligan Peter and Mulligan Sharmila

Purchase Details

Closed on
Mar 9, 2009
Sold by
Jamieson Robert and The Don Stuart Mashbir 2006 Tr
Bought by
Selective Rubicon Property Llc

Purchase Details

Closed on
Oct 4, 2006
Sold by
Mashbir Don Stuart
Bought by
Mashbir Don Stuart and Don Stuart Mashbir 2006 Trust
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
8581 North Lane Llc -- None Available
Botton Tatiana S $5,000,000 Fidelity National Fair Oaks
Mulligan Peter -- None Available
Selective Rubicon Property Llc -- First American Title Company
Mashbir Don Stuart -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mulligan Peter $2,000,000
Previous Owner Mashbir Don Stuart $1,000,000
Previous Owner Mashbir Don S $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2017 04/20/17 Sold $5,000,000 -16.6% $1,639 / Sq Ft
02/18/2017 02/18/17 Pending -- -- --
06/28/2016 06/28/16 For Sale $5,995,000 -- $1,965 / 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 $61,286 $5,800,910 $3,481,756 $2,319,154
2024 $61,286 $5,688,359 $3,413,487 $2,274,872
2023 $60,963 $5,575,103 $3,346,556 $2,228,547
2022 $59,996 $5,466,043 $3,280,938 $2,185,105
2021 $58,635 $5,347,491 $3,216,606 $2,130,885
2020 $57,367 $5,276,591 $3,183,624 $2,092,967
2019 $57,746 $5,160,384 $3,121,200 $2,039,184
2018 $55,184 $5,059,200 $3,060,000 $1,999,200
2017 $34,021 $3,090,530 $2,441,074 $649,456
2016 $33,770 $3,045,662 $2,393,210 $652,452
2015 $31,642 $2,998,722 $2,357,263 $641,459
2014 $31,642 $2,925,965 $2,311,090 $614,875
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20162014

Tahoe Sierra Board of REALTORS®

APN: 016-142-009-000