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3583 Betty Rae Ln, South Lake Tahoe, CA 96150

4 beds, 3 baths, 1,700 sqft
Sold: $245,000
Sold on 06/22/12
Zestimate®: $364,816
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Major Price Reduction! Looking for an Investment in Lake Tahoe or an established Vacation Rental- this is the property! This newly remodeled home has been a successful vacation rental with Tahoe Keys Resort. Perfect location with minutes to Heavenly Ski Resort and the Casino Corridor. The lot is just over 10,000 sq.ft and borders a small meadow with great views of Heavenly Valley & Gun Barrel - lots of potential with this large lot! The interior features upstairs living with bamboo flooring, granite counter tops, and stainless steel appliances. All three bathrooms have been renovated with new fixtures, natural stone tile, and jetted tub upstairs. The layout is perfect for two families or vacation with friends, plenty of parking. This property is absolutely turnkey!Brokered And Advertised By: McCall RealtyListing Agent: Kelly Flaherty  MoreLess
 
Facts
  • Lot: 10,019 sqft
  • Single Family
  • Built in 1961
  • Last sold: Jun 2012 for $245,000
  • Price/sqft: $144
Construction
  • Construction quality: 6.0
  • Room count: 7
  • # Stories: 2.0
  • Unit count: 3
Other
  • Floor size: 1,700 sqft
  • Last remodel year: 1961
  • Parcel #: 0272031010
  • Zillow Home ID: 18577586
Home Values
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$364,816
+$2,334 Last 30 daysd
$317K
$398K
Zestimate range
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A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$1,744/mo
+$19 Last 30 daysd
$1.3K
$1.9K
Zestimate range
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Neighborhood for 3583 Betty Rae Lane

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Zillow predicts 96150 home values will increase 4.1% next year, compared to a 3.6% rise for South Lake Tahoe as a whole. Among 96150 homes, this home is valued 9.2% more than the midpoint (median) home, but is valued 39% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In the 96150 market, the number of foreclosures waiting to be sold dropped 13.7% in the last year. The number of unsold foreclosures is 3.7% lower than in South Lake Tahoe, and 61.2% lower than the national average. This lower local number could help 96150 home values rise more quickly than other regions in South Lake Tahoe.

Learn more about forecast calculations or 96150 home values.
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