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1222 Margaret Avenue

1222 Margaret Avenue, South Lake Tahoe, CA 96150
Property in El Dorado
Sold Aug 05, 2009
$230,000
$154,500 by Quicken Loans Inc
Mortgage Due Oct 01, 2031
Sold May 15, 2000
$138,000
$133,860 by Bank Of America
Mortgage Due Jun 01, 2030
Local assessors in South Lake Tahoe, CA have categorized 1222 Margaret Avenue as a residential type of property. The home was built in 1975 and is 49 years old. The property's lot size has been calculated to be 5,227 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1222 Margaret Avenue has a total of 912 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The home has been utilizing gas for fuel. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Jul 23, 2009 for $230,000. That's $252.19 per sqft. Prior to that sales transaction, the property was also sold in May 1, 2000 for $138,000. 1222 Margaret Avenue was last assessed in 2023. The total value of the property was assessed at $279,140. Specifically, the land the property is located on was valued at $74,432. While improvements on the property were assessed at a total of $204,708. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $3,059. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,227
  • Total Building Area: 912
  • Gross Building Area: 912
  • Building Area: 912
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 912
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ARMSTRONG 7
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: L 42 B 3 ARMSTRONG 7

Ownership

  • Current Owner : WALSH DANIEL J
  • Current Owner 2: DANNYS LIVING TRUST
  • Previous Owner : MORGAN RONALD
  • Previous Owner 2: MORGAN LIBERTY
  • Owner Before Previous Owner: JOHNSON CHERIE ANNE
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Lake Tahoe Unified School District
  • Census Tract: 030402

Zoning

  • Zoning: MDR

Geography

  • Assessors Map Reference: 51-C2
  • Parcel: 032-281-042-000
  • Block: 3
  • Lot: 42
  • Latitude: 38.9041
  • Longitude: -120.005

    Address

  • Full Address: 1222 Margaret Ave
  • Address - House Number: 1222
  • Address - Street Name: Margaret
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: South Lake Tahoe
  • Carrier Code: R003
  • 4-Digit Zip Code: 3607
  • Zip Code: 96150

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,059
  • Tax Rate Code Area: 2-002

    Appraisal Valuation

  • Standard Deviation: 0.1789
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 76
  • Final Value: 542,636
  • High Value: 639,767
  • Low Value: 445,506

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $154,500
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Sep 14, 2016
  • First Open Lien Mortgage Loan Amount: $154,500
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2031

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $279,140
  • Assessed Land Value: $74,432
  • Assessed Improvements Value: $204,708

    Sales

  • Current Sale Contract Date: Jul 23, 2009
  • Current Sale Recording Date: Aug 05, 2009
  • Current Sale Transaction ID: 1025374725
  • Current Sale Price: $230,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2009-0039429
  • Previous Sale Recording Date: May 15, 2000
  • Previous Sale Contract Date: May 01, 2000
  • Previous Sale Amount: $138,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Aug 05, 2009
  • First Mortgage Loan Amount: $184,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Aug 01, 2039

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA
  • Previous Mortgage Transaction Date: May 15, 2000
  • Previous Mortgage Loan Amount: $133,860
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jun 01, 2030

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Frequently Asked Questions

What neighborhood is 1222 Margaret Avenue located in?
The 1222 Margaret Avenue is a located in the neighborhood of El Dorado in South Lake Tahoe, South Lake Tahoe.
What is the average sales price for listings in 1222 Margaret Avenue?
The average sales price for units in 1222 Margaret Avenue is $0 currently.

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