$52,500
SOLD JUL 5, 2012

967 Tahoe Island Dr South Lake Tahoe, CA 96150

0.17 Acre
$305,588 Price per Acre
7,483 Sq Ft Lot

Recently Sold

23% Below List Price

35 Days on Market

About This Lot

As of March 2013

ALLOCATION INCLUDED! Opportunity to build this year on a level building lot backing to acres of open space and conservancy lot on one side. High IPES score with 30% coverage per TRPA. 7,500+/-sq ft lot with up to 2,250 sq ft of coverage. Allocation Issued 04/18/2012.

Last Agent to Sell the Property

Ken Riegel

eXp Realty of Northern CA License #01492511 Listed on: 04/17/2012

eXp Realty of Northern CA

Last Buyer's Agent

Jesse Schue

RE/MAX Gold - SLT License #01356952

RE/MAX Gold - SLT

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $854

Lot Details

  • 7,483 Sq Ft Lot
  • Unpaved Streets

Utilities

  • Utility District
  • Private Water Source
  • Community Well
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 023-686-17-100

Property Details

Property Type

Land

Est. Annual Taxes

$854

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype: Vacant w/Allocation
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • I P E S Score: 961
  • Directions: 3rd Street to Tahoe Island Drive. Property on right hand side, just past Washington.
  • OFFICELIST_STATE: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road: Unpaved

Utilities

  • Utilities: NaturalGasAvailable, Well - Community, City Sewer, Cable TV, Telephone
  • Electric Location: <100' From PL
  • Natural Gas: Yes
  • Natural Gas Location: <100' From PL
  • Sewer Service: Utility District
  • Water: Private

Lot Info

  • Acres: 0.1718
  • Lot Dimensions: 60' by 125'
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 7483.00
  • Price Per Acre: 305587.89
  • Allocation: Yes
  • Allocated Permit Date Issued: 04/18/2012
  • Percent Coverage: 30

Tax Info

  • Annual Taxes: 854.10
  • Assessor Parcel Number: 023-686-17-100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2012
Closed on
Mar 5, 2013
Sold by
Shaughnessy Michael O
Bought by
Foley Sinead
Seller's Agent
Jesse Schue
RE/MAX Gold - SLT
Buyer's Agent
Barbara Gerland
Berkshire Hathaway HS - SLT
List Price
$489,500
Sold Price
$510,000
Premium/Discount to List
$20,500
4.19%
Current Estimated Value
$1,084,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$574,968
Avg. Annual Appreciation
6.43%
Original Mortgage
$382,500
Outstanding Balance
$272,844
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$832,492

Purchase Details

Listed on
Jul 11, 2012
Closed on
Mar 4, 2013
Sold by
Chamberlain Jesse
Bought by
C & J Worldwide Holdings Inc
Seller's Agent
Jesse Schue
RE/MAX Gold - SLT
Buyer's Agent
Barbara Gerland
Berkshire Hathaway HS - SLT
List Price
$489,500
Sold Price
$510,000
Premium/Discount to List
$20,500
4.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Outstanding Balance
$272,844
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$832,492

Purchase Details

Listed on
Apr 17, 2012
Closed on
Jul 13, 2012
Sold by
C & J Worldwide Holdings Inc
Bought by
Chamberlain Jesse
Seller's Agent
Ken Riegel
eXp Realty of Northern CA
Buyer's Agent
Jesse Schue
RE/MAX Gold - SLT
List Price
$68,500
Sold Price
$52,500
Premium/Discount to List
-$16,000
-23.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2876.79%
Original Mortgage
$275,000
Interest Rate
3.49%
Mortgage Type
Unknown

Purchase Details

Listed on
Apr 17, 2012
Closed on
Jun 8, 2012
Sold by
Tye D Neil D and Tye Bernice
Bought by
C & J Worldwide Holdings Inc
Seller's Agent
Ken Riegel
eXp Realty of Northern CA
Buyer's Agent
Jesse Schue
RE/MAX Gold - SLT
List Price
$68,500
Sold Price
$52,500
Premium/Discount to List
-$16,000
-23.36%

Purchase Details

Closed on
Dec 31, 2003
Sold by
Smithhart James D and Smithhart Linda S
Bought by
Tye D Neil D and Tye Bernice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
5.88%
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 Type Sale Price Title Company
Quit Claim Deed -- Old Republic Title Company
Corporate Deed $510,000 Old Republic Title Company
Grant Deed -- Old Republic Title Company
Grant Deed -- None Available
Grant Deed $52,500 Placer Title Company
Grant Deed $70,000 Fidelity Natl Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $382,500 New Conventional
Previous Owner $275,000 Unknown
Previous Owner $35,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2013 03/08/13 Sold $510,000 +4.2% $206 / Sq Ft
02/12/2013 02/12/13 Pending -- -- --
07/11/2012 07/11/12 For Sale $489,500 +832.4% $197 / Sq Ft
07/05/2012 07/05/12 Sold $52,500 -23.4% --
05/22/2012 05/22/12 Pending -- -- --
04/17/2012 04/17/12 For Sale $68,500 -- --
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
2024 $6,760 $629,521 $63,376 $566,145
2023 $6,642 $617,179 $62,134 $555,045
2022 $6,577 $605,078 $60,916 $544,162
2021 $6,475 $593,215 $59,722 $533,493
2020 $6,381 $587,133 $59,110 $528,023
2019 $6,350 $575,621 $57,951 $517,670
2018 $6,208 $564,335 $56,815 $507,520
2017 $6,110 $553,270 $55,701 $497,569
2016 $5,986 $542,422 $54,609 $487,813
2015 $5,922 $534,277 $53,790 $480,487
2014 $5,681 $523,814 $52,738 $471,076
Source: Public Records

Agents Affiliated with this Home

  • Jesse Schue

    Seller's Agent in 2013

    Jesse Schue

    RE/MAX

    (530) 307-8832

    34 in this area

    47 Total Sales

    Section Image

  • B

    Buyer's Agent in 2013

    Barbara Gerland

    Berkshire Hathaway HS - SLT

    (530) 307-8330

    15 in this area

    21 Total Sales

    Section Image

  • K

    Seller's Agent in 2012

    Ken Riegel

    eXp Realty of Northern CA

    Section Image
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Map

Source: South Tahoe Association of REALTORS®

MLS Number: 119181

South Tahoe Association of REALTORS®

APN: 023-686-017-000

California El Dorado County South Lake Tahoe 96150

967 Tahoe Island Dr, South Lake Tahoe, CA

This home is located at 967 Tahoe Island Dr, South Lake Tahoe, CA 96150 and is currently priced at $52,500. 967 Tahoe Island Dr 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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