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1223 O Malley Drive

1223 O Malley Drive, South Lake Tahoe, CA 96150
Property in El Dorado
Sold May 24, 2021
$725,000
$140,000 by Paramount Residential Mortgage
Mortgage Due Jun 01, 2051
Local assessors in South Lake Tahoe, CA have categorized 1223 O Malley Drive as a residential type of property. The home was built in 1958 and is 66 years old. It was most recently renovated and altered in 1961. 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 5 rooms in the home. Of these, 3 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 are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1223 O Malley Drive has a total of 1,522 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. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 240 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a patio 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. The property was last sold in May 19, 2021 for $725,000. That's $476.35 per sqft. 1223 O Malley Drive was last assessed in 2021. The total value of the property was assessed at $289,870. Specifically, the land the property is located on was valued at $89,285. While improvements on the property were assessed at a total of $200,585. 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 $3,214. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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: 1958
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: Patio
  • Location Influence Type: Average view

    Dimensions

  • Lot Size Square Feet: 5,227
  • Total Building Area: 1,522
  • Gross Building Area: 1,522
  • Building Area: 1,522
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,522
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TAHOE SIERRA 3
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: L 23 B 57 TAHOE SIERRA 3

Ownership

  • Current Owner : GENOVESE JANNA L D
  • Previous Owner : WENDELL TED C
  • Previous Owner 2: TED C WENDELL REVOCABLE TRUST
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Lake Tahoe Unified School District
  • Census Tract: 030301

Zoning

  • Zoning: MDR

Geography

  • Parcel: 031-207-006-000
  • Latitude: 38.9246
  • Longitude: -119.976

    Address

  • Full Address: 1223 Omalley Dr
  • Address - House Number: 1223
  • Address - Street Name: Omalley
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: South Lake Tahoe
  • Carrier Code: R026
  • 4-Digit Zip Code: 3181
  • Zip Code: 96150

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $3,214
  • Tax Rate Code Area: 002002

    Appraisal Valuation

  • Standard Deviation: 0.1907
  • Valuation Date: May 23, 2022
  • Confidence Score: 74
  • Final Value: 709,887
  • High Value: 845,287
  • Low Value: 574,488

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $140,000
  • First Open Lien Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: May 24, 2021
  • First Open Lien Mortgage Loan Amount: $140,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $289,870
  • Assessed Land Value: $89,285
  • Assessed Improvements Value: $200,585

    Sales

  • Current Sale Contract Date: May 19, 2021
  • Current Sale Recording Date: May 24, 2021
  • Current Sale Transaction ID: 11836321400
  • Current Sale Price: $725,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0035170

    Last Sale Mortgage

  • First Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: May 24, 2021
  • First Mortgage Loan Amount: $140,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

About South Lake Tahoe



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Frequently Asked Questions

What neighborhood is 1223 O Malley Drive located in?
The 1223 O Malley Drive 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 1223 O Malley Drive?
The average sales price for units in 1223 O Malley Drive is $0 currently.

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