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3704 Needle Peak Road

3704 Needle Peak Road, South Lake Tahoe, CA 96150
House in El Dorado
Sold Mar 08, 2021
$499,000
$349,300 by Quicken Loans Llc
Mortgage Due Jun 01, 2051
3704 Needle Peak Road 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 1961 and is 63 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3704 Needle Peak Road has 1,120 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 11,761 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. 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. Finally, the property is currently sourcing its water from a municipal system. The building on the property is connected to a sewer system. The property was last sold in Mar 3, 2021 for $499,000. That's $445.54 per sqft. 3704 Needle Peak Road was last assessed in 2023. The total value of the property was assessed at $519,159. Specifically, the land the property is located on was valued at $156,060. While improvements on the property were assessed at a total of $363,099. 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 $5,603. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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.

Building Features

Exterior

Wood Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,761
  • Total Building Area: 1,120
  • Gross Building Area: 1,120
  • Building Area: 1,120
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,120
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SKI RUN ACRES
  • Land Acres: 0.27
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: L 6 SKI RUN ACRES

Ownership

  • Current Owner : YANG MICHAEL TIEN EN
  • Current Owner 2: YANG GRACE CHUNG
  • Previous Owner : WHARTON RICK
  • Previous Owner 2: WHARTON KATHLEEN
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Lake Tahoe Unified School District
  • Census Tract: 031602

Zoning

  • Zoning: LDR

Geography

  • Assessors Map Reference: 50-D3
  • Parcel: 030-351-004-000
  • Lot: 6
  • Latitude: 38.9382
  • Longitude: -119.947

    Address

  • Full Address: 3704 Needle Peak Rd
  • Address - House Number: 3704
  • Address - Street Name: Needle Peak
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: South Lake Tahoe
  • Carrier Code: R033
  • 4-Digit Zip Code: 8659
  • Zip Code: 96150

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,603
  • Tax Rate Code Area: 2-002

    Appraisal Valuation

  • Standard Deviation: 0.1938
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 74
  • Final Value: 565,447
  • High Value: 675,054
  • Low Value: 455,839

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $698,600
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Nov 09, 2021
  • First Open Lien Mortgage Loan Amount: $349,300
  • 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
  • Second Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • Second Open Lien Mortgage Recording Date: May 11, 2021
  • Second Open Lien Mortgage Loan Amount: $349,300
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $519,159
  • Assessed Land Value: $156,060
  • Assessed Improvements Value: $363,099

    Sales

  • Current Sale Contract Date: Mar 03, 2021
  • Current Sale Recording Date: Mar 08, 2021
  • Current Sale Transaction ID: 11823929308
  • Current Sale Price: $499,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0016106

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Frequently Asked Questions

What neighborhood is 3704 Needle Peak Road located in?
The 3704 Needle Peak Road is a house located in the neighborhood of El Dorado in South Lake Tahoe, South Lake Tahoe.
What is the average sales price for listings in 3704 Needle Peak Road?
The average sales price for units in 3704 Needle Peak Road is $499,000 , or $446/sqft. currently.

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