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Sold for $706,500
  • $706,500

    3581 Bill Ave, South Lake Tahoe, CA 96150

    8beds
    5baths
    4,354sqft
    Triplex
    Built in 1953
    -- sqft lot
    $927,400 Zestimate®
    $162/sqft
    $1,860 Estimated rent

    Home value

    $927,400

    $798,000 - $1.08M

    $1,860/mo

    Zestimate® history
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    $4,421/mo

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    What's special

    Price reduced to sell now! Massive triplex, first time publicly available in an amazing South Lake Tahoe location! Walk to Whole Foods, Chipotle, and the incredible Ski Run Marina options like Riva Grill on the water. Just a quick ride up Ski Run Blvd from this location to access the Heavenly Resort CA Base Lodge, only 1.5 miles to the excitement of Stateline! With a total of over 4,300 square feet of living space and ample parking, this property has potential with its current configuration or with your imagination - rent it all or enjoy one unit for yourself and rent the rest. Value priced for the amount of living space, this unique property leaves room for creativity and sweat equity. Unit 1: 2 bed plus loft/2 bath. Unit 2: 3 bed/2 bath. Unit 3: 3 bed/1 bath. Property fully vacant after departure of longtime tenants, excellent opportunity for renovation and establishing market-level rents.

    Zillow last checked:

    Listing updated:

    Listed by:

    Matthew Lucksinger 831-747-7734 matt@lakevalleyproperties.com,

    Lake Valley Properties

    Bought with:

    Member Non

    Non Member Office

    Source: STAOR,MLS#: 137012MLS LogoOriginating MLS: South Tahoe Association of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 5
    Heating
    • Natural Gas, Wall or Space Heater, Fireplace(s)
    Appliances
    • Included: Gas Water Heater
    • Laundry: In Unit
    Features
    • 1st Unit: 2 Beds - 2 Baths, 2nd Unit: 3 Beds - 2 Baths, 3rd Unit: 3 Beds - 1 Bath
    • Windows: Metal Frame
    • Basement: Concrete/Crawl Space
    • Has fireplace: Yes
    Interior area
    • Total structure area: 4,354
    • Total interior livable area: 4,354 sqft

    Property

    Parking
    • Total spaces: 1
    • Covered spaces: 1
    • Details: Garage/Carport
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 10,018 Square Feet
    Details
    • Parcel number: 027112005000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • Wood Frame, Masonry, Wood Siding, Other/See Remarks
    • Roof: Metal
    Condition
    • Year built: 1953

    Utilities & green energy

    • Utilities for property: Natural Gas Available, Cable Connected, Phone Connected, Varies Per Unit

    Community & HOA

    Community
    • Subdivision: Harlow Acres
    Location
    • Region: South Lake Tahoe

    Financial & listing details

    • Price per square foot: $162/sqft
    • Tax assessed value: $735,042
    • Date on market: 6/24/2023
    • Cumulative days on market: 219 days
    • Date available: 01/01/1800
    • Listing terms: Cash to New Loan
    • Total actual rent: 0

    Price history

    DateEventPrice
    7/28/2025Listing removed$1,489,889$342/sqft
    Source: STAOR #141255 Report a problem
    3/5/2025Listed for sale$1,489,889+110.9%$342/sqft
    Source: STAOR #141255 Report a problem
    2/21/2024Sold$706,500-23.6%$162/sqft
    Source: STAOR #137012 Report a problem
    1/21/2024Pending sale$925,000$212/sqft
    Source: STAOR #137012 Report a problem
    1/1/2024Listing removed$925,000$212/sqft
    Source: STAOR #137012 Report a problem
    12/8/2023Pending sale$925,000$212/sqft
    Source: STAOR #137012 Report a problem
    11/15/2023Price change$925,000-15.9%$212/sqft
    Source: STAOR #137012 Report a problem
    9/17/2023Price change$1,100,000-4.3%$253/sqft
    Source: STAOR #137012 Report a problem
    7/11/2023Price change$1,149,000-4.3%$264/sqft
    Source: STAOR #137012 Report a problem
    6/25/2023Listed for sale$1,200,000$276/sqft
    Source: STAOR #137012 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $735,042 +2%
    2025$8,035 +154.8%$720,630 +153.6%
    2024$3,154 +1.7%$284,208 +2%
    2023$3,100 +1%$278,636 +2%
    2022$3,070 +1.5%$273,173 +2%
    2021$3,024 +1.4%$267,818 +1%
    2020$2,981 +0.5%$265,073 +2%
    2019$2,967 +2.2%$259,877 +2%
    2018$2,903 +1.6%$254,782 +2%
    2017$2,858 +2%$249,787 +2%
    2016$2,802 +4.2%$244,890 +1.5%
    2015$2,689 $241,213 +2%
    2014$2,689 $236,490 +0.5%
    2013-- $235,424 -49%
    2012-- $461,970
    2011-- $461,970 +0.8%
    2010-- $458,519 -0.2%
    2009-- $459,610 +2%
    2008-- $450,599 +51.9%
    2007-- $296,648 +99.7%
    2006-- $148,563 +2%
    2005-- $145,651 +2%
    2004-- $142,796
    Find assessor info on the county website

    Neighborhood: 96150

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $927,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $927,400