938 Tahoe Island Dr South Lake Tahoe, CA 96150
Estimated Value: $423,000 - $544,000
2
Beds
1
Bath
912
Sq Ft
$537/Sq Ft
Est. Value
Highlights
- Deck
- Double Pane Windows
- Tile Countertops
- 1 Car Attached Garage
- Patio
- Fenced
About This Home
As of October 2019PROBATE SALE! Beneficiaries are extremely motivated and want this property sold. Excellent opportunity for an amazing deal in the desirable Tahoe Island neighborhood. Over $20,000 in upgrades in the past few months, which include a new composition roof, interior paint, new GE stove, vinyl flooring, and carpet. There is even more... a new FANG heater is being installed the first week of October. This charming rancher is situated on a large, flat parcel and boasts spacious bedrooms, a large kitchen and living area with an abundance of light, attached one car garage and an expansive, sunny backyard perfect for entertaining. Great location with easy access to Tahoe Valley Elementary School, upgraded Y area, Camp Richardson, hiking and biking trails, and the beaches of Lake Tahoe. Sellers are offering a Home Warranty up to $500.00. Ideal starter home or Tahoe getaway! Property being sold in AS-IS condition.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,356
Year Built
- Built in 1975
Lot Details
- 7,405 Sq Ft Lot
- Fenced
- Natural State Vegetation
Parking
- 1 Car Attached Garage
Home Design
- Wood Frame Construction
- Composition Roof
- Wood Siding
Interior Spaces
- 912 Sq Ft Home
- Self Contained Fireplace Unit Or Insert
- Double Pane Windows
- Laundry in Garage
Kitchen
- Electric Range
- Dishwasher
- Tile Countertops
- Laminate Countertops
- Disposal
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Outdoor Features
- Deck
- Patio
Utilities
- Natural Gas Water Heater
Community Details
- Tahoe Island Park Subdivision
Listing and Financial Details
- Assessor Parcel Number 023672017000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 12, 2019
Closed on
Oct 24, 2019
Sold by
Estate Of Jonathan Roy Spencer
Bought by
Nelson Lisa C and Nelson Andy N
Seller's Agent
Cynthia MacLean
Compass
Buyer's Agent
James Dozier
Real Brokerage Technologies
List Price
$335,000
Sold Price
$287,000
Premium/Discount to List
-$48,000
-14.33%
Total Days on Market
79
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,638
Avg. Annual Appreciation
9.97%
Purchase Details
Closed on
Jun 9, 2011
Sold by
Spencer Jonathan R and Spencer Jon R
Bought by
Spencer Jonathan R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.63%
Mortgage Type
New Conventional
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-
$599,900
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- 741 Tahoe Island Dr
- South Lake Tahoe, CA
Welcome to 741 Tahoe Island Drive, a unique opportunity in a desirable South Lake Tahoe location! This property includes two APN'S, offering endless possibilities for expansion, building your dream home, or creating a vacation retreat. The existing home requires some repair, presenting an opportunity for your vision and creativity. Whether you want to renovate or start fresh, this spacious
Paul Boudier Keller Williams Realty
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nelson Lisa C | $287,000 | Placer Title Company | |
| Spencer Jonathan R | -- | First American Title Co Of N |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Spencer Jonathan R | $225,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/24/2019 10/24/19 | Sold | $287,000 | -0.7% | $315 / Sq Ft |
| 09/29/2019 09/29/19 | Pending | -- | -- | -- |
| 09/28/2019 09/28/19 | Price Changed | $289,000 | -13.7% | $317 / Sq Ft |
| 09/25/2019 09/25/19 | For Sale | $335,000 | 0.0% | $367 / Sq Ft |
| 09/13/2019 09/13/19 | Pending | -- | -- | -- |
| 08/26/2019 08/26/19 | Price Changed | $335,000 | -4.0% | $367 / Sq Ft |
| 08/07/2019 08/07/19 | Price Changed | $349,000 | -2.8% | $383 / Sq Ft |
| 07/12/2019 07/12/19 | For Sale | $359,000 | -- | $394 / Sq Ft |
Source: South Tahoe Association of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $3,356 | $307,718 | $96,497 | $211,221 |
| 2023 | $3,298 | $301,685 | $94,605 | $207,080 |
| 2022 | $3,265 | $295,770 | $92,750 | $203,020 |
| 2021 | $3,215 | $289,972 | $90,932 | $199,040 |
| 2020 | $3,404 | $309,000 | $95,000 | $214,000 |
| 2019 | $1,256 | $106,709 | $17,830 | $88,879 |
| 2018 | $1,229 | $104,618 | $17,481 | $87,137 |
| 2017 | $1,211 | $102,568 | $17,139 | $85,429 |
| 2016 | $1,187 | $100,557 | $16,803 | $83,754 |
| 2015 | $1,129 | $99,048 | $16,551 | $82,497 |
| 2014 | $1,129 | $97,110 | $16,228 | $80,882 |
Source: Public Records
Agents Affiliated with this Home
-
Cynthia MacLean
Seller's Agent in 2019
Cynthia MacLean
Compass
(530) 318-7555
31 in this area
37 Total Sales
-
James Dozier
Buyer's Agent in 2019
James Dozier
Real Brokerage Technologies
(530) 318-0292
43 in this area
52 Total Sales
Map
Source: South Tahoe Association of REALTORS®
MLS Number: 131228
APN: 023-672-017-000
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© 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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