NOT LISTED FOR SALE

950 Balbijou Rd South Lake Tahoe, CA 96150

Estimated Value: $4,421,000 - $5,489,000

4 Beds
4 Baths
4,704 Sq Ft
$1,089/Sq Ft Est. Value

Last Sold December 13, 2021

Last sale price $5,200,000 $1,105 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $31,594/month

Highlights

  • Beach Front
  • Fireplace in Primary Bedroom
  • Recreation Room
  • Mountain View
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of December 2021

Experience Tahoe uninterrupted from the comfort of your home. Situated in the heart of South Shore, this exquisite lakefront property is a perfect blend of mountain modern and serene relaxation. Recently built in 2015, the house is equipped with modern appliances, contemporary design, and expansive windows that perfectly capture Tahoe’s renowned sunsets. The open floor plan lends itself to large gatherings, luxe hosting, and comfortable living. Marvel at Tahoe’s revolving seasons lakefront as you take just

Last Agent to Sell the Property

Tiffany Grimes

RE/MAX Gold - Kings Beach License #01195216 Listed on: 04/20/2021

RE/MAX Gold - Kings Beach

Last Buyer's Agent

0 NON-MEMBER

NON Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $57,335

Year Built

  • Built in 2015

Lot Details

  • Beach Front
  • Lake Front
  • Level Lot

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,704 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Mud Room
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Mountain Views
  • Alarm System

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Multiple Outdoor Decks

Utilities

  • Heating System Uses Natural Gas
  • Utility District

Community Details

  • Surroundingarea Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$57,335

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Age: 10-15 Years
  • Alarm YN: y
  • Estimated Lot Size: 0 - .255
  • Community: SurroundingArea
  • Directions: Lake Tahoe Blvd to Balbijou Rd to home on left
  • Optional Financing: Cash To New Loan
  • Service Type: Full Service
  • Setting: Lakefront
  • SPCDISC: Beach Front
  • Sub-Area: 11E
  • Sub-Status: Standard
  • Topography: Level
  • Year Built: 2015
  • Other: Pantry, High Ceilings
  • Sewer: Utility District
  • Architecture: Contemporary
  • Out Buildings: No
  • Property Condition: Used, Like New
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Handicap Friendly: Master on Main Level
  • Heating: Natural Gas
  • Estimated Sq Ft: 4704
  • Stories: Two
  • Gas: Natural
  • Water: Utility District, Other
  • Appliances: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer
  • Bonus Rooms: Family Room, Great Room, Office, Rec Room, Formal Dining, Den, Mud Room
  • Fireplace: Living Room, Family Room, Master Bedroom, Gas Fireplace
  • Furnished: Mostly
  • Bathrooms: 4
  • Bedrooms: 4
  • Floor Coverings: Carpet, Wood, Stone

Exterior Features

  • View: Lake, Mountain, Ski Resort
  • Construction Exterior: Framed, Wooded, Other
  • Waterfront Amenities: Buoy, Buoy Permitted
  • Foundation: Other
  • Roof: Composition
  • Decks: 2
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: Two
  • Garage/Parking: Attached, Gar Door Opener

Utilities

  • Laundry: Room

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2021
Closed on
Nov 24, 2021
Sold by
Russell Andrew G and Russell Tracy N
Bought by
Peters Brian C and Peters Kristen Thall
Seller's Agent
Tiffany Grimes
RE/MAX Gold - Kings Beach
Buyer's Agent
0 NON-MEMBER
NON Member
List Price
$5,950,000
Sold Price
$5,200,000
Premium/Discount to List
-$750,000
-12.61%
Current Estimated Value
$5,123,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$76,753
Avg. Annual Appreciation
-0.38%
Original Mortgage
$3,000,000
Outstanding Balance
$2,754,667
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$2,368,580

Purchase Details

Listed on
Nov 21, 2019
Closed on
Jan 29, 2020
Sold by
Mlr Properties 950 Balbijou Llc
Bought by
Russell Andrew G and Russell Tracy N
Seller's Agent
Chris & Brooke Hernandez
Compass
Buyer's Agent
Tiffany Grimes
Re/Max Gold - KB
List Price
$4,500,000
Sold Price
$3,685,000
Premium/Discount to List
-$815,000
-18.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.22%

Purchase Details

Listed on
Apr 10, 2012
Closed on
May 3, 2012
Sold by
Garde Jeanne Gellmann and The Gellmann Family Bypass Tru
Bought by
Mlr Properties 950 Balbijou Llc
Seller's Agent
Sue Lowe
Chase International - ZC
Buyer's Agent
Non MLS Agent
Non MLS Office
List Price
$1,545,000
Sold Price
$1,545,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.90%

Purchase Details

Closed on
May 29, 2009
Sold by
Drummond Shiels Incorporated
Bought by
Garde Jeanne Gellmann and The Gellmann Family Bypass Tru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.78%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 30, 2006
Sold by
Drummond Shiels Inc
Bought by
Drummond Shiels Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.44%
Mortgage Type
Credit Line Revolving
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
Peters Brian C $5,200,000 Fidelity National Title Co
Russell Andrew G $3,685,000 Placer Title Company
Mlr Properties 950 Balbijou Llc $1,545,000 Chicago Title Company
Garde Jeanne Gellmann -- Chicago Title Co
Drummond Shiels Inc -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peters Brian C $3,000,000
Previous Owner Garde Jeanne Gellmann $1,000,000
Previous Owner Drummond Shiels Inc $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/13/2021 12/13/21 Sold $5,200,000 -9.6% $1,105 / Sq Ft
10/13/2021 10/13/21 Price Changed $5,750,000 -3.4% $1,222 / Sq Ft
05/29/2021 05/29/21 For Sale $5,950,000 0.0% $1,265 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
05/16/2021 05/16/21 For Sale $5,950,000 0.0% $1,265 / Sq Ft
04/28/2021 04/28/21 Pending -- -- --
04/20/2021 04/20/21 For Sale $5,950,000 +61.5% $1,265 / Sq Ft
01/31/2020 01/31/20 Sold $3,685,000 -18.1% $783 / Sq Ft View Prior Sale
01/03/2020 01/03/20 Pending -- -- --
11/21/2019 11/21/19 For Sale $4,500,000 +191.3% $957 / Sq Ft
05/10/2012 05/10/12 Sold $1,545,000 0.0% $640 / Sq Ft View Prior Sale
04/17/2012 04/17/12 Pending -- -- --
04/10/2012 04/10/12 For Sale $1,545,000 -- $640 / Sq Ft
Source: Tahoe Sierra Board 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 $57,335 $5,518,281 $3,183,624 $2,334,657
2024 $57,335 $5,410,080 $3,121,200 $2,288,880
2023 $56,329 $5,304,000 $3,060,000 $2,244,000
2022 $55,772 $5,200,000 $3,000,000 $2,200,000
2021 $40,122 $3,723,176 $2,525,900 $1,197,276
2020 $21,531 $2,002,647 $1,263,349 $739,298
2019 $21,428 $1,963,655 $1,238,578 $725,077
2018 $20,884 $1,919,428 $1,214,293 $705,135
2017 $20,554 $1,881,950 $1,190,484 $691,466
2016 $20,134 $1,845,207 $1,167,142 $678,065
2015 $14,382 $1,625,703 $1,149,611 $476,092
2014 $14,382 $1,347,576 $1,127,093 $220,483
Source: Public Records

Agents Affiliated with this Home

  • Tiffany Grimes

    Seller's Agent in 2021

    Tiffany Grimes

    RE/MAX

    (916) 801-3044

    30 in this area

    57 Total Sales

    Tiffany Grimes
    Section Image

  • 0

    Buyer's Agent in 2021

    0 NON-MEMBER

    NON Member

  • Sue Lowe

    Seller's Agent in 2012

    Sue Lowe

    Chase International - ZC

    (775) 588-1444

    14 in this area

    61 Total Sales

    Sue Lowe
    Section Image

  • D

    Seller Co-Listing Agent in 2012

    Douglas Rosner

    Chase International - ZC

    (775) 588-6130

    1 in this area

    1 Total Sale

    Douglas Rosner
    Section Image

  • N

    Buyer's Agent in 2012

    Non MLS Agent

    Non MLS Office

See All Agents

Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20210874

Tahoe Sierra Board of REALTORS®

APN: 027-371-010-000

California El Dorado County South Lake Tahoe 96150

950 Balbijou Rd, South Lake Tahoe, CA

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