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7242 1st Avenue

7242 1st Avenue, Tahoma, CA 96142
House in El Dorado
Sold Aug 19, 2019
$375,000
$337,500 by Guild Mortgage Co
Mortgage Due Sep 01, 2049
7242 1st Avenue has been categorized by the local assessors in Tahoma, CA as a residential type of property. The building on the property was first built in 1963 and is 61 years old. However, we must point out that the home was most recently renovated and altered in 1964. The home has a total of 5 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. The building has a total of 2 stories. In addition, 7242 1st Avenue has 1,018 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 672 sqft. According to our sources, there are a total of 2 available parking spaces. 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, it is utilizing floor/wall heating system. 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. The property was last sold in Aug 15, 2019 for $375,000. That's $368.37 per sqft. 7242 1st Avenue was last assessed in 2023. The total value of the property was assessed at $394,189. Specifically, the land the property is located on was valued at $173,443. While improvements on the property were assessed at a total of $220,746. 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 $5,304. The initial tax year of delinquency was in 2019. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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

Parking

Oversized Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 672
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 1,018
  • Gross Building Area: 1,018
  • Building Area: 1,018
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,018
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TAHOE CED ADDN
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: POR B 36

Ownership

  • Current Owner : FERGUSON LARRY DOUGLAS
  • Current Owner 2: COTTAM KIM MONIQUE
  • Previous Owner : KELLY CAROL
  • Previous Owner 2: BOSSERDET FAMILY TRUST
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Tahoe-Truckee Unified School District
  • Census Tract: 032001

Zoning

  • Zoning: TR1

Geography

  • Parcel: 015-265-012-000
  • Block: 36
  • Latitude: 39.059
  • Longitude: -120.125

    Address

  • Full Address: 7242 1st Ave
  • Address - House Number: 7242
  • Address - Street Name: 1st
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Tahoma
  • Zip Code: 96142

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,304
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 69-015

    Appraisal Valuation

  • Standard Deviation: 0.1986
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 73
  • Final Value: 643,858
  • High Value: 771,756
  • Low Value: 515,960

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $437,500
  • First Open Lien Mortgage Lender: GUILD MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Aug 19, 2019
  • First Open Lien Mortgage Loan Amount: $337,500
  • 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: Sep 01, 2049
  • Second Open Lien Mortgage Lender: GAEHWILER MARTIN
  • Second Open Lien Mortgage Recording Date: May 20, 2022
  • Second Open Lien Mortgage Loan Amount: $100,000
  • 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: May 20, 2052
  • Second Open Lien Mortgage Private Lender: T

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $394,189
  • Assessed Land Value: $173,443
  • Assessed Improvements Value: $220,746

    Sales

  • Current Sale Contract Date: Aug 15, 2019
  • Current Sale Recording Date: Aug 19, 2019
  • Current Sale Transaction ID: 11635761732
  • Current Sale Price: $375,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2019-0033738

    Last Sale Mortgage

  • First Mortgage Lender: GUILD MORTGAGE CO
  • First Mortgage Transaction Date: Aug 19, 2019
  • First Mortgage Loan Amount: $337,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2049

About Tahoma



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Frequently Asked Questions

What neighborhood is 7242 1st Avenue located in?
The 7242 1st Avenue is a house located in the neighborhood of El Dorado in Tahoma, Tahoma.
What is the average sales price for listings in 7242 1st Avenue?
The average sales price for units in 7242 1st Avenue is $0 currently.

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