NOT LISTED FOR SALE

8616 Mountain Dr Tahoma, CA 96142

Estimated Value: $659,000 - $992,910

5 Beds
2 Baths
1,441 Sq Ft
$570/Sq Ft Est. Value

Last Sold July 19, 2024

Last sale price $700,000 $486 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,622/month

34 Days on Market

Highlights

  • Community Beach Access
  • Panoramic View
  • Living Room with Fireplace
  • Tahoe Lake Elementary School Rated A-
  • Deck
  • Mountain Architecture

About This Home

As of July 2024

Nestled on a stunning 1.41-acre lot with unparalleled views of the sparkling blue waters of Lake Tahoe, this property is the ultimate opportunity for those with a vision. Oh, did we mention there's also a house? Well, let's be honest, the real star here is the phenomenal lot with its breathtaking views and incredible potential. The house is just an added bonus for those who love a good project. While the home itself requires a complete overhaul, think of it as your blank canvas where you can let your imagination run wild. Envision a contemporary masterpiece, a charming cabin retreat, or a grand estate – the choice is yours, and the possibilities are endless. Imagine waking up to breathtaking sunrises over the lake, with the majestic Sierra Nevada mountains as your backdrop. This lot is a part of the Rubicon Tahoe Owners Association, giving the owner exclusive access to an array of amenities that epitomize the best of lakeside living: white sandy beaches perfect for dipping your toes or basking in the sun, two private piers ideal for leisurely walks or fishing, and two buoy fields that are a boater’s dream come true. Experience the peace and tranquility that comes with owning a large lot in one of Tahoe's prestigious communities. Don’t miss out on this rare opportunity to build your dream home in one of the most beautiful locations in the world.

Last Agent to Sell the Property

Linda Granger

Christie's Int'l R.E. Sereno License #01048013 Listed on: 05/24/2024

Christie's Int'l R.E. Sereno

Last Buyer's Agent

0 NON-MEMBER

NON Member

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • 1.41 Acre Lot
  • Lot Sloped Up

Parking

  • No Garage

Property Views

  • Panoramic
  • Woods
  • Mountain

Home Design

  • Mountain Architecture
  • Fixer Upper
  • Composition Roof

Interior Spaces

  • 1,441 Sq Ft Home
  • 2-Story Property
  • Free Standing Fireplace
  • Living Room with Fireplace
  • Alarm System

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Additional Features

  • Deck
  • Utility District

Community Details

Overview

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Age: 50+ Years
  • Alarm YN: Y
  • Estimated Lot Size: .76 - 1.50
  • Community: Westshore LK TH
  • Number of Acres: 1.41
  • Service Type: Full Service
  • Setting: Greenbelt
  • Sub-Area: 5SO
  • Sub-Status: Standard
  • Topography: Upslope
  • Year Built: 1956
  • Sewer: Utility District
  • Estimated Sq Ft: ASSESSOR
  • Architecture: Mountain
  • Gated: No
  • Out Buildings: Yes, See Remarks
  • Property Condition: Fixer
  • Sign YN: Y
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Estimated Sq Ft: 1441
  • Stories: Two
  • Gas: None
  • Water: Utility District
  • Appliances: Range, Oven, Dishwasher, Refrigerator, Washer, Dryer
  • Fireplace: Living Room, Freestanding
  • Furnished: None
  • Bedrooms: 5
  • Floor Coverings: Carpet, Mixed, Vinyl

Exterior Features

  • View: Lake, Panoramic-Lake, Panoramic, Wooded, Mountain
  • Roof: Composition
  • Decks: 1
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: None

Utilities

  • Laundry: Hall

Condo/Co-op/Association

  • HOA Amenities: Beach Access, Other/See Remarks
  • HOA Fees: 425
  • HOA Membership: Y
  • HOA Website: https://www.rubicontahoeowners.com/buyers/amenitie

Lot Info

  • Lot Number: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2024
Closed on
Jul 17, 2024
Sold by
Robert and Robert Constance Spencer
Bought by
Yamkovenko Revocable Trust and Yamkovenko
Seller's Agent
Linda Granger
Christie's Int'l R.E. Sereno
Buyer's Agent
0 NON-MEMBER
NON Member
List Price
$775,000
Sold Price
$700,000
Premium/Discount to List
-$75,000
-9.68%
Views
19
Current Estimated Value
$820,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,978
Avg. Annual Appreciation
10.98%

Purchase Details

Closed on
Sep 27, 2007
Sold by
Spencer Robert William and Spencer Constance M A
Bought by
Spencer Robert William and Spencer Constance M Asbury

Purchase Details

Closed on
Jul 26, 1994
Sold by
Winn Steven Russell and Anderson Winn Ellen Mae
Bought by
Spencer Robert William and Spencer Constance M A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
7%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Yamkovenko Revocable Trust $700,000 First American Title
Spencer Robert William -- None Available
Spencer Robert William $185,000 First American Title Ins
Winn Steven Russell -- First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spencer Robert William $138,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2024 07/19/24 Sold $700,000 -9.7% $486 / Sq Ft
06/27/2024 06/27/24 Pending -- -- --
05/24/2024 05/24/24 For Sale $775,000 -- $538 / Sq Ft
Source: Tahoe Sierra Board of REALTORS®

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 $4,308 $700,000 $450,000 $250,000
2024 $4,308 $304,611 $65,849 $238,762
2023 $4,217 $298,639 $64,558 $234,081
2022 $4,075 $292,785 $63,293 $229,492
2021 $3,997 $287,045 $62,052 $224,993
2020 $3,937 $284,102 $61,416 $222,686
2019 $3,960 $278,532 $60,212 $218,320
2018 $3,528 $273,072 $59,032 $214,040
2017 $3,472 $267,719 $57,875 $209,844
2016 $3,436 $262,471 $56,741 $205,730
2015 $3,278 $258,531 $55,890 $202,641
2014 $3,278 $253,470 $54,797 $198,673
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20240883

Tahoe Sierra Board of REALTORS®

APN: 016-161-035-000