Bank Owned Foreclosure Listing in South Lake Tahoe
June 26, 2009
With the latest addition of 1865 Arrowhead to the South Lake Tahoe mls, there are now 30 bank owned foreclosures for sale in South Lake Tahoe. Of the 30 foreclosure listings on the South Lake Tahoe mls, 11 are currently in escrow.
1865 Arrowhead Ave. is a 3 bedroom, 2 bath, single story home in the Meyers area of South Lake Tahoe. This bank owned foreclosure is in good condition and would make a great primary residence or a vacation home. Built in 1975, this rancher sits on a 5992 square foot sunny level lot.
Additional Features Include
- Double Pane Vinyl Frame Windows
- Landscaped With Lawn
- Patio
- Storage Shed
- Tile and Laminate Flooring
Priced at less than $175 per square foot, this bank owned foreclosure listing is less per square foot than most other foreclosures on the South Lake Tahoe mls. The average list price per square foot of the active foreclosure listings in South Lake Tahoe is currently $213. The average price per square foot for the foreclosures in South lake Tahoe that have sold this year is $191.
So far this year there have been 55 sales of single family foreclosure listings in South Lake Tahoe. There have been 154 homes sold in South Lake Tahoe, so 55 out of 154 ( 36%) of the home sales in South Lake Tahoe have been bank owned foreclosures.
For more information about bank owned properties in South Lake Tahoe or any questions regarding South Lake Tahoe real estate, please call Brent and Jill Johnson at (530) 416-2625.
New Bank Owned Listing in South Lake Tahoe
May 27, 2009
This new bank owned foreclosure listing in South Lake Tahoe is priced to sell! At only $154.09 per square foot, this foreclosure is priced well below the competition.
897 Tahoe Keys Blvd. Offered at $290,000!
Built in 1991, this bank owned home has a bright and open floor plan. This 3 bedroom, 2 bath, 2 car garage 1882 square foot home is centrally located on Tahoe Keys Blvd., and would make a great vacation home. There has been a remodel that was started, but not completed. This house needs flooring, baseboard, some miscellaneous window and door trim, and some other odds and ends. There has also been some landscaping work that has been started and was not finished. This foreclosure listing in South Lake Tahoe would make a great project for someone looking to earn some quick sweat equity!
Other features include:
- Upstairs Living
- Extensive decorative rock work
- 6148 square foot lot
- 1882 square feet
- Tahoe Island Park location
- Ask about loan incentives!
Do not miss out on this great opportunity, this home will sell fast so call Brent and Jill Johnson today! For more information about other bank owned properties in South Lake Tahoe and how to be notified instantly when bank owned properties hit the market, call Brent Johnson at (530) 416-2625.


