NOT LISTED FOR SALE

8623 Trout Ave Kings Beach, CA 96143

-- Bed
-- Bath
12,500 Sq Ft
0.25 Acres Lot

Sale Details

Date Sold: August 20, 2024

Last sale price $988,000 $79 Per Sq Ft

52 Days on Market

Highlights

  • City View
  • Mountain Architecture
  • Level Lot
  • Kings Beach Elementary School Rated A-

About This Home

As of August 2024

CASH COW WITH BENEFITS. $100,500 GROSS INCOME. Single family home with 6 units on two separate contiguous parcels. 090-124-046-000 & 090-124-045-000 sold together. Smack dab in the center of Kings Beach. 2 blocks to the beach, walk everywhere. Income and expense statements available. All Mandatory inspections and clearances available.

Last Agent to Sell the Property

Lee Roessler

Sierra Mountain Properties License #00545157 Listed on: 06/10/2024

Last Buyer's Agent

Lee Roessler

Sierra Mountain Properties License #00545157 Listed on: 06/10/2024

Property Details

Home Type

  • Multi-Family

Lot Details

  • 10,890 Sq Ft Lot
  • Lot Dimensions are 100x125
  • Level Lot

Property Views

  • City
  • Woods

Home Design

  • Mountain Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 12,500 Sq Ft Home
  • 2-Story Property

Utilities

  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Utility District

Community Details

  • North Laketahoe Community
  • Gross Income $100,500

Property Details

Home Type

Multi-Family

Lot Details

0.25 Acres

Listing Details

  • Age: 20+ YEARS
  • Estimated Lot Size: .26- .5
  • Community: North LakeTahoe
  • Directions: N Lake Blvd to Raccoon to Trout
  • Number of Acres: 0.25
  • Present Gross Income: 100500
  • Service Type: Full Service
  • Setting: STREET
  • Sub-Area: 1SO
  • Sub-Status: Standard
  • Topography: Level
  • Sewer: Utility District
  • Estimated Sq Ft: 10001-15000
  • Architecture: MOUNTAIN
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Heating: Wall Unit, Natural Gas
  • Estimated Sq Ft: 12500
  • Stories: TWO
  • Gas: Natural
  • Water: Utility District

Exterior Features

  • View: Wooded, City
  • Construction Exterior: Frame
  • Foundation: Perim Concrete
  • Roof: Composition

Garage/Parking

  • Parking Surface: Black Top

Lot Info

  • Lot Number: 51-54
  • Lot Dimensions: 100x125
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2024 08/20/24 Sold $988,000 -1.0% $79 / Sq Ft
08/01/2024 08/01/24 Pending -- -- --
07/30/2024 07/30/24 For Sale $998,000 0.0% $80 / Sq Ft
06/25/2024 06/25/24 Pending -- -- --
06/10/2024 06/10/24 For Sale $998,000 -- $80 / 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 $8,016 $680,000 $225,000 $455,000
2023 $8,016 $334,652 $164,045 $170,607
2022 $6,895 $328,091 $160,829 $167,262
2021 $6,720 $321,659 $157,676 $163,983
2020 $6,692 $318,362 $156,060 $162,302
2019 $6,714 $312,120 $153,000 $159,120
2018 $4,742 $306,000 $150,000 $156,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20241068

Tahoe Sierra Board of REALTORS®

APN: 090-124-046-000

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