NOT LISTED FOR SALE

906 Emerald Bay Rd South Lake Tahoe, CA 96150

Estimated Value: $361,271 - $1,062,000

0.5 Acre
$1,264,136 Price per Acre
21,780 Sq Ft Lot

Last Sold October 26, 2020

Last sale price $230,000

Est. 175% increase in value since last sale

Current estimated payment $3,629/month

627 Days on Market

About This Lot

As of October 2020

CORNER of Hwy 89 (aka Emerald Bay Rd.) & FIFTH Avenue @ the Y in Tourist Corridor on the route to West Shore Beaches & Emerald Bay. Level COMMERCIAL Half-Acre parcel. Prime Gen.Commercial 1/2 Acre in So Y Plan AREA Statement #110. 70% Coverage possible.Owner financing possible. Uses include: RESIDENTIAL(w/Special use permit) employee; multiple family dwellings (25 PER ACRE; CONDOS); TOURIST Accommodation (40 PER ACRE), Bed & Breakfast,Hotel,Motels; COMMERCIAL: Eating & Drinking establishments,Food &beverage retail sales,General merchandise stores,Nursery,Service Stations,Amusements & Recreation services,Broadcasting studios,Health services,Professional offices,Repair services, Public Service facilities (Churches, Cultural facilities, Day Care & Pre-schools, Gov't offices, Assembly & Entertainment, Recreation and many more! approval; 36' Max Bldg Height LOOKING FOR COVERAGE TO BUY! FEASABILITY STUDY in file & Notes from John Hitchcock at City

Last Agent to Sell the Property

Davey Paiva

Davey Paiva Realty License #00627707 Listed on: 01/07/2019

Last Buyer's Agent

Mark Salmon

Compass License #01485376

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,629

Lot Details

  • 0.5 Acre Lot
  • Property is zoned Commercial

Utilities

  • Utility District
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 023182281000

Property Details

Property Type

Land

Est. Annual Taxes

$1,629

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype: Vacant Land
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Directions: West on Hwy 50,at the Y go North on Hwy 89 towards Camp Richardson,at corner of Fifth Street & Hwy 89 (Emerald Bay Road),adjacent to Hunan Garden Restaurant.Lot has large boulders placed on it to keep vehicles off of it.
  • OFFICELIST_STATE: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road: Paved

Utilities

  • Utilities: See Remarks, NaturalGasAvailable, City Water, City Sewer, Cable TV, High Speed Internet, Telephone
  • Electric Location: <100' From PL
  • Natural Gas: Yes
  • Natural Gas Location: <100' From PL
  • Sewer Service: Utility District
  • Water: Utility District

Lot Info

  • Acres: 0.5000
  • Lot Dimensions: 108' Hwy frontage/100' Roger AveFrontage
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 21780.00
  • Price Per Acre: 460000.00
  • Zoning: Commercial
  • Percent Coverage: 70

Tax Info

  • Annual Taxes: 1629.36
  • Assessor Parcel Number: 023182281000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2023
Sold by
California Tahoe Conservancy
Bought by
Land Band
Current Estimated Value
$632,068

Purchase Details

Closed on
Jun 17, 2022
Sold by
Barstad Eric
Bought by
Emerald Bay Cabins Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2022
Sold by
Barstad Eric
Bought by
Emeral Bay Cabins Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 7, 2019
Closed on
Oct 23, 2020
Sold by
Tahoe Tallac Partners Llc
Bought by
Barstad Eric
Seller's Agent
Davey Paiva
Davey Paiva Realty
Buyer's Agent
Mark Salmon
Compass
List Price
$289,000
Sold Price
$230,000
Premium/Discount to List
-$59,000
-20.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.09%

Purchase Details

Closed on
Mar 5, 2014
Sold by
Novasel & Schwarte Investments Inc
Bought by
Tahoe Tallac Partners Llc

Purchase Details

Closed on
May 23, 2006
Sold by
Kosmides Steve
Bought by
Kosmides Steve J

Purchase Details

Closed on
Dec 27, 2001
Sold by
Antles Carl D and Antles Genevieve M
Bought by
Kosmides Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
6.73%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Land Band -- --
Emerald Bay Cabins Llc -- None Listed On Document
Emeral Bay Cabins Llc $715,000 None Listed On Document
Barstad Eric $230,000 Old Republic Title Company
Tahoe Tallac Partners Llc -- Placer Title Company
Kosmides Steve J -- Placer Title Company
Kosmides Steve $142,000 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Emerald Bay Cabins Llc $2,100,000
Previous Owner Kosmides Steve $67,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2020 10/26/20 Sold $230,000 -20.4% --
09/25/2020 09/25/20 Pending -- -- --
01/03/2020 01/03/20 For Sale $289,000 +25.7% --
12/31/2019 12/31/19 Off Market $230,000 -- --
06/05/2019 06/05/19 Price Changed $289,000 -3.3% --
01/07/2019 01/07/19 For Sale $299,000 -- --
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 $3,340 $312,120 $312,120 --
2024 $3,340 $306,000 $306,000 --
2023 $32,569 $3,060,000 $306,000 $2,754,000
2022 $15,421 $1,434,600 $234,600 $1,200,000
2021 $2,514 $230,000 $230,000 $0
2020 $2,020 $184,944 $184,944 $0
2019 $2,010 $181,318 $181,318 $0
2018 $1,965 $177,763 $177,763 $0
2017 $1,934 $174,278 $174,278 $0
2016 $1,894 $170,861 $170,861 $0
2015 $1,874 $168,296 $168,296 $0
2014 $1,862 $171,118 $171,118 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Davey Paiva

    Davey Paiva Realty

    Section Image
  • Mark Salmon

    Buyer's Agent in 2020

    Mark Salmon

    Compass

    (530) 645-2777

    204 in this area

    245 Total Sales

    Mark Salmon
    Section Image
See All Agents

Map

Source: South Tahoe Association of REALTORS®

MLS Number: 130309

South Tahoe Association of REALTORS®

APN: 023-960-008-000

California El Dorado County South Lake Tahoe 96150

906 Emerald Bay Rd, South Lake Tahoe, CA

This home is located at 906 Emerald Bay Rd, South Lake Tahoe, CA 96150 since 07 January 2019 and is currently estimated at $632,068. 906 Emerald Bay Rd is a home located in El Dorado County with nearby schools including Tahoe Valley Elementary School, South Tahoe Middle School, and South Tahoe High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Tahoe Association of REALTORS® Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.
© Copyright South Tahoe Association of Realtors.

Based on information from the South Tahoe Association of REALTORS® MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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