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1593 Allen Rae Place

1593 Allen Rae Place, South Lake Tahoe, CA 96150
Property in El Dorado
Sold May 31, 2023
$570,500
$470,500 by Mega Capital Funding, Inc.
Mortgage Due Jun 01, 2053
Sold Oct 23, 1996
$124,500
1593 Allen Rae Place has been categorized by the local assessors in South Lake Tahoe, CA as a residential type of property. The building on the property was first built in 1960 and is 64 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1593 Allen Rae Place has 1,144 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,405 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 462 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. In terms of heating, the home is utilizing gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1593 Allen Rae Place sold most recently in May 10, 2023 for a total of $570,500. If you work out the math, that's approximately a cost of $498.69 per sqft. Before that, the property was also sold for $124,500 in Oct 17, 1996. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,091 in taxes each year. 1593 Allen Rae Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $194,861. If we break it down further, the land itself was valued at $39,119. Improvements to the property, however, were assessed at a total of $155,742. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 462
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 1,144
  • Gross Building Area: 1,144
  • Building Area: 1,144
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,144
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: RANCHO BIJOU 2
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: L 25 RANCHO BIJOU 2

Ownership

  • Current Owner : MOSSEY KRISTINA MARIE
  • Previous Owner : MARY EDITH FAULKNER REVOCABLE TRUST
  • Owner Before Previous Owner: ASHLOCK BARBARA R
  • Owner Before Previous Owner 2: ASHLOCK DARRELL & KAREN TR ETA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Lake Tahoe Unified School District
  • Census Tract: 030202

Zoning

  • Zoning: LDR

Geography

  • Assessors Map Reference: 50-D4
  • Parcel: 025-481-018-000
  • Lot: 25
  • Latitude: 38.9284
  • Longitude: -119.958

    Address

  • Full Address: 1593 Allen Rae Pl
  • Address - House Number: 1593
  • Address - Street Name: Allen Rae
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: South Lake Tahoe
  • Carrier Code: R031
  • 4-Digit Zip Code: 8018
  • Zip Code: 96150

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,091
  • Tax Rate Code Area: 2-002

    Appraisal Valuation

  • Standard Deviation: 0.1868
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 75
  • Final Value: 582,687
  • High Value: 691,565
  • Low Value: 473,809

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $470,500
  • First Open Lien Mortgage Lender: MEGA CAPITAL FUNDING, INC.
  • First Open Lien Mortgage Recording Date: May 31, 2023
  • First Open Lien Mortgage Loan Amount: $470,500
  • 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, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $194,861
  • Assessed Land Value: $39,119
  • Assessed Improvements Value: $155,742

    Sales

  • Current Sale Contract Date: May 10, 2023
  • Current Sale Recording Date: May 31, 2023
  • Current Sale Transaction ID: 11907225509
  • Current Sale Price: $570,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 14891
  • Previous Sale Recording Date: Oct 23, 1996
  • Previous Sale Contract Date: Oct 17, 1996
  • Previous Sale Amount: $124,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MEGA CAPITAL FUNDING, INC.
  • First Mortgage Transaction Date: May 31, 2023
  • First Mortgage Loan Amount: $470,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2053

About South Lake Tahoe



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Frequently Asked Questions

What neighborhood is 1593 Allen Rae Place located in?
The 1593 Allen Rae Place 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 1593 Allen Rae Place?
The average sales price for units in 1593 Allen Rae Place is $0 currently.

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