NOT LISTED FOR SALE

876 Tahoe Island Dr South Lake Tahoe, CA 96150

Estimated Value: $697,000 - $712,000

3 Beds
3 Baths
1,562 Sq Ft
$451/Sq Ft Est. Value

Last Sold June 20, 2024

Last sale price $707,000 $453 Per Sq Ft

Current estimated payment $4,359/month

8 Days on Market

Highlights

  • Deck
  • Furnished
  • 2 Car Attached Garage
  • Vaulted Ceiling
  • Granite Countertops
  • Double Pane Windows

About This Home

As of June 2024

Introducing a refreshed and inviting chalet at 876 Tahoe Island Drive, nestled in the scenic enclave of South Lake Tahoe. This cozy home spans 1562 square feet and boasts a harmonious blend of comfort and modern flair, ideal for those seeking a peaceful retreat or a vibrant community lifestyle.The chalet features three well-appointed bedrooms, each adorned with open beam ceilings that enhance the rustic charm. The primary bedroom, conveniently located on the first floor, includes an en-suite bathroom equipped with a tile shower, a custom vanity, and sleek, updated fixtures. Additionally, the home offers three full bathrooms, ensuring ample space for family and guests.Experience the warmth of the open floor plan as you step into the living area, highlighted by vaulted open beam ceilings and a gas fireplace, all set against a backdrop of durable laminate flooring. The layout fosters a welcoming atmosphere for entertaining and daily living, with natural light spilling through generous windows.Step outside to discover a 7,405 square foot lot, thoughtfully landscaped and featuring a fenced backyard. The built-in gas fire pit and sizable storage shed make outdoor living both easy and enjoyable. Whether hosting gatherings or enjoying quiet evenings, the outdoor area is perfectly suited for all activities.Location is key, and this home is centrally positioned near bike trails leading to Pope Beach, Camp Richardson, and Fallen Leaf Lake, inviting endless adventures in nature.This Tahoe Island Drive chalet combines the beauty of rustic architecture with the conveniences of modern living, making it a perfect setting for creating lasting memories. Don't miss the chance to own this charming slice of South Lake Tahoe.

Last Agent to Sell the Property

Brent Johnson

Chase International - South La License #01474921 Listed on: 05/13/2024

Last Buyer's Agent

Brent Johnson

Chase International - South La License #01474921 Listed on: 05/13/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,611

Year Built

  • Built in 1961

Lot Details

  • 7,405 Sq Ft Lot
  • Fenced
  • Landscaped
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Pitched Roof
  • Composition Roof

Interior Spaces

  • 1,562 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Self Contained Fireplace Unit Or Insert
  • Double Pane Windows
  • Vinyl Clad Windows
  • Combination Dining and Living Room
  • Laundry Room

Kitchen

  • Oven
  • Gas Range
  • Built-In Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Shower Only

Outdoor Features

  • Deck
  • Shed

Utilities

  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Natural Gas Water Heater
  • Water Heated On Demand
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • Tahoe Island Park 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 023672004000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,611

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Additional Features: Furnished Per Invtry, Vaulted Ceilings, Open Beam
  • AV Comments: Exterior cameras
  • AV Surveillance: Yes
  • Countertops: Granite, Slab
  • Master Bdrm Features: Primary Bath, Stall Shower, Slab Counters
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Stories: 2
  • Year Built: 1961
  • OFFICELIST_STATE: CA
  • FILLSUBDIVISION: Tahoe Island Park 3
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Windows: Double Pane, Vinyl Frame
  • Master Bedroom: Yes
  • Bedrooms: 3
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Kitchen: Garbage Disposal, Microwave Built-in, Dishwasher Built-in, Gas Range, Single Oven
  • Additional Rooms: Living/Dining Combo, Loft
  • Fireplace Description: Insert - Gas
  • Laundry Location: Laundry Room
  • Price Per Square Foot: 452.62
  • Square Footage: 1562.00

Exterior Features

  • Construction: Wood Frame
  • Exterior: Storage Shed, Bear-Proof Trash Can
  • Fenced: Yes
  • Landscaped: Fully Landscaped
  • Patio Deck: Deck
  • Roof: Pitched, Composition

Garage/Parking

  • Garage Type: Attached
  • Garage: 2.00

Utilities

  • Sprinklers: Full Sprinklers
  • Heating/Cooling: Natural Gas, Wall or Space Heater
  • Utilities: ElectricityAvailable, NaturalGasAvailable, City Water, City Sewer, Cable TV, Telephone, High Speed Internet
  • Water Heater: Natural Gas

Lot Info

  • Acres: 0.1700
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 7405.00
  • Price Per Acre: 4158823.53

Green Features

  • Green Features: On Demand H2O Heater

Tax Info

  • Assessor Parcel Number: 023672004000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2024
Closed on
Jun 13, 2024
Sold by
Ross Family 2022 Trust and Ross Elisa L
Bought by
Schumacher Stephen A and Fogarty Ciara A
Seller's Agent
Brent Johnson
Chase International - South La
Buyer's Agent
Brent Johnson
Chase International - South La
List Price
$699,000
Sold Price
$707,000
Premium/Discount to List
$8,000
1.14%
Views
14
Current Estimated Value
$704,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,344
Avg. Annual Appreciation
-0.25%
Original Mortgage
$400,000
Outstanding Balance
$395,237
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$309,419

Purchase Details

Closed on
Jun 9, 2023
Sold by
Ross Elisa and Ross Geoff
Bought by
Ross Family 2022 Trust and Ross

Purchase Details

Closed on
Mar 25, 2021
Sold by
Iden Craig and Iden Tamara L
Bought by
Ross Elisa and Ross Geoff

Purchase Details

Closed on
Sep 5, 2017
Sold by
Iden Craig and Iden Tamara
Bought by
Iden Craig and Iden Tamara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,400
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 23, 2015
Closed on
Jul 31, 2015
Sold by
Aneleh Properties Llc
Bought by
Iden Craig and Iden Tamara
Seller's Agent
Tom King
Coldwell Banker McKinney
Buyer's Agent
Jesse Schue
RE/MAX Gold - SLT
List Price
$369,000
Sold Price
$330,000
Premium/Discount to List
-$39,000
-10.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.71%
Original Mortgage
$231,000
Interest Rate
3.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 2004
Sold by
Romans Matthew Lee and Romans Helena K
Bought by
Aneleh Properties Llc

Purchase Details

Closed on
Apr 11, 2000
Sold by
Santos Carlos R and Santos Remedios
Bought by
Romans Matthew Lee and Romans Helena K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
8.26%

Purchase Details

Closed on
Dec 13, 1993
Sold by
Sherman James P and Sherman Kay L
Bought by
Young Dorothy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,200
Interest Rate
7.2%
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
Schumacher Stephen A $707,000 Old Republic Title
Ross Family 2022 Trust -- None Listed On Document
Ross Elisa $699,000 Placer Title Company
Iden Craig -- Chicago Title Sacramento
Iden Craig $330,000 Placer Title Company
Aneleh Properties Llc -- --
Romans Matthew Lee $145,000 Old Republic Title Company
Young Dorothy L $129,000 Founders Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schumacher Stephen A $400,000
Previous Owner Iden Craig $238,400
Previous Owner Iden Craig $231,000
Previous Owner Romans Matthew Lee $130,500
Previous Owner Young Dorothy L $103,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/20/2024 06/20/24 Sold $707,000 +1.1% $453 / Sq Ft
05/21/2024 05/21/24 Pending -- -- --
05/13/2024 05/13/24 For Sale $699,000 +111.8% $448 / Sq Ft
08/07/2015 08/07/15 Sold $330,000 -10.6% $211 / Sq Ft View Prior Sale
07/10/2015 07/10/15 Pending -- -- --
04/23/2015 04/23/15 For Sale $369,000 -- $236 / 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 $7,611 $721,140 $216,240 $504,900
2024 $7,611 $709,947 $126,283 $583,664
2023 $7,478 $696,027 $123,807 $572,220
2022 $7,404 $682,380 $121,380 $561,000
2021 $3,989 $366,950 $92,959 $273,991
2020 $3,979 $362,700 $92,006 $270,694
2019 $3,961 $355,697 $90,202 $265,495
2018 $3,874 $348,832 $88,434 $260,398
2017 $3,815 $342,100 $86,700 $255,400
2016 $3,679 $330,000 $85,000 $245,000
2015 $2,177 $190,914 $31,961 $158,953
2014 $2,091 $187,285 $31,336 $155,949
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Tahoe Association of REALTORS®

MLS Number: 140150

South Tahoe Association of REALTORS®

APN: 023-672-004-000