South Lake Tahoe Foreclosure Listings

Updated on 7/13/2010

Foreclosures in South Lake Tahoe have been selling quicker and more often than anything else on the South Lake Tahoe MLS. Currently there are only 34 single family foreclosures for sale in South Lake Tahoe, and 17 are in escrow. In order to keep my clients up to date on the current foreclosure listings, I will provide this list of foreclosures for sale on the South Lake Tahoe MLS, and I will update it daily.

Here is a current list of foreclosure listings in South Lake Tahoe. This list will be updated as new foreclosure listings are added to the South Lake Tahoe MLS and as existing listings are sold. I will also update which foreclosures go into escrow, price reductions, and statistics.

Click on the address for photos and a complete description.

• 976 Kiowa Drive (7/8/10) $184,490 912 square foot, 2 bedroom, 1 bath house off of North Upper Truckee.
• 1864 Hunkpapa St. (7/13/10) $394,900 1997 square foot, 3 bedroom, 2.5 bath, 2 car garage newer home.
• 1071 Reno (7/10/10) $149,900 864 square foot, 2 bedroom, 1 bath cabin.
• 2306 Sky Meadows (7/8/10) $189,900 1472 square foot, 3 bedroom, 1.75 bath cabin.
• 3046 Sacramento Ave. (7/1/10) $279,900 1176 square foot, 3 bedroom, 2 bath home in Al Tahoe.
• 1592 Allen Rae (6/29/10) $244,900 1847 square foot, 4 bedroom, 3 bath home in Bijou.
• 2421 Wagon Train  Trail (6/24/10) $303,900 1710 square foot, 4 bedroom, 2 bath, 2 car garage home in Montgomery Estates.
• 1778 Kickapoo St. (6/24/10) $304,750 1340 square foot, 3 bedroom, 1 bath, 2 car garage home in the North Upper Truckee area.
• 2042 Aloha (6/23/10) $779,900 2457 square foot, 3 bedroom, 3 bath, 2 car garage foreclosure in the Tahoe Keys.
• 2383 Wagon Train Trail (6/19/10) $675,000 3426 square foot, 4 bedroom, 3 bath, 2 car garage newer home in Montgomery Estates.
• 915 Council Rock Drive (6/18/10) $239,900 1395 square foot, 3 bedroom, 1.5 bath, 2 car garage home in Tahoe Island Park. In Escrow!
• 908 Tahoe Keys Blvd (6/16/10) $173,900 1086 square foot, 3 bedroom, 1.75 bath, 2 car garage fixer upper. In Escrow!
• 2529 Osborne Ave. (6/18/10) $179,900 775 square foot, 2 bedroom, 1 bath home in the Sierra Tract. In Escrow!
• 1766 Chibcha St. (6/15/10) $579,900 2746 square foot, 4 bedroom, 2.5 bath, 2 car garage newer home. In Escrow!
• 1759 Gentian Circle (6/7/10) $474,900 2940 Square foot, 5 bedroom, 2.5 bath, 2 car garage home in Montgomery Estates. In Escrow!
• 1072 Turnback Trl. (6/10/10) $689,900 3454 square foot, 3 bedroom, 3 bath, 2 car garage home in Montgomery Estates.
• 2683 Pinter (6/10/10) $134,900 696 square foot, 2 bedroom, 1 bath home in the Sierra Tract.
• 600 Tehema Drive (6/10/10) $344,000 1667 square foot, 3 bedroom, 2 bath, 2 car garage home off of North Upper Truckee. In Escrow!
• 1523 Plumas Circle (6/3/10) $239,900 1292 square foot, 3 bedroom, 1 bath home.
• 3798 Aspen Ave. (5/25/10) $89,500 551 square foot, 1 bedroom, 1 bath major fixer upper.
• 1439 Ski Run unit #f-2 (5/25/10) $204,000 1067 square foot, 2 bedroom, 1.75 bath condo near Heavenly Valley Ski Resort. In Escrow!
• 1336 Susie Lake Rd. (5/19/10) $269,900 2008 square foot, 4 bedroom, 2.5 bath, 2 car garage fixer upper. In Escrow!
• 1008 Eagle Lane (5/18/10) $150,000 1922 square foot, 3 bedroom, 1 bath, 2 car garage major fixer in the county with mountain views. In Escrow!
• 1334 Pine Valley (5/14/10) $479,900 2270 square foot, 3 bedroom, 2.5 bath, 2 car garage off of Pioneer Trail. In Escrow!
• 1041 River (5/14/10) $159,900 813 square foot, 3 bedroom, 1 bath home in the Sierra Tract.
• 1620 Pawnee (5/18/10) $299,000 2132 square foot, ? bedroom, 2 bath, 2 car garage uncompleted new construction home.
• 881 Glorene Ave. (5/13/10) $169,900 646 square foot, 1 bedroom, 1 bath cabin in the Gardner Mountain area.
• 2580 Fountain Ave. (5/5/10) $149,900 832 square foot, 2 bedroom, 1 bath cabin in the Sierra Tract. In Escrow!
• 1903 Talbot (5/10/10) $465,900 2464 square foot, 3 bedroom, 2.5 bath, 2 car garage foreclosure in Montgomery Estates. In Escrow!
• 1779 Venice (5/3/10) $569,000 2234 square foot, 4 bedroom, 2.5 bath, 2 car garage foreclosure in the Tahoe Keys. In Escrow!
• 3610 Spruce Ave #4  (4/24/10) $155,000 1210 square foot, 3 bedroom, 2 bath condo near Heavenly Valley.
• 3606 Birch Ave. (4/26/10) $139,900 1162 square foot, 3 bedroom, 1 bath, cabin.
• 2452 Ponderosa St.  $314,900 2316 square foot, 3 bedroom, 2.5 bath, 2 car garage home.
• 439 Ala Wai Blvd. (4/22/10) $219,900 702 square foot, 1 bedroom, 1 bath condo in the Tahoe Keys area.
• 2828 Santa Clause Dr. (4/20/10) $316,200 2723 square foot, 3 bedroom, 2.5 bath, 2 car garage home in Christmas Valley. In Escrow!
• 2019 Garmish (4/20/10) $750,000 2584 square foot, 4 bedroom, 2.5 bath, 2 car garage foreclosure in the Tahoe Keys. 
• 733 Modesto Ave #A-B (4/15/10) $282,500 1920 square foot duplex with 2 bedroom, 1 1/2 bath units and a carport in Al Tahoe.
• 1576 Miztec $289,900 3 bedroom, 2 bath, 2 car garage, 1312 square foot home in the county. In Escrow!
• 3598 Terry Ln #38 (3/31/10) $149,900 2 bedroom, 1 bath, condo near Heavenly Valley Ski Resort.
• 1992 Marconi Way (3/22/10) $675,000 3 bedroom, 2.5 bath, 2 car garage, 2663 square foot newer foreclosure in the Tahoe Keys. In Escrow!
• 1766 Southern Pines (3/11/10) $230,000 3 bedroom, 1 bath, 1144 square foot home.
• 2067 10th Street (3/2/10) $243,000 3 bedroom, 1.75 bath, 2 car garage 1981 square foot home that last sold for $580,000 in 2006.
• 2560 Pinter (2/15/10) $169,900 3 bedroom, 2 bath, 1274 square foot home in the Sierra Tract. In Escrow!
• 3328 South Upper Truckee (1/28/10) $276,130 3 bedroom, 3 bath, 2 car garage, 2320 square foot home in Christmas Valley that has been partly remodeled. In Escrow!
• 1030 Chonokis (1/11/10) $499,000 3 bedroom, 2.5 bath, 2 car garage, 2258 square foot bank owned foreclosure in South lake Tahoe.
• 1788 Pioneer Trail (12/29/09) $729,000 3 bedroom, 3.5 bathroom, 3063 square foot home built in 2008.
• 889 Lake Tahoe Blvd (11/19/09) $5,000 13,699 square foot lot in the North Upper Truckee area. This lot is unbuildable.
• 1858 Venice Drive (11/18/09) $449,000 4 bedroom, 2 bath, 2 car garage, 2456 square foot bank owned property in the Tahoe Keys.
• 2680 Kubel (9/23/09) $154,900 2 bedroom, 1 bath, 448 square foot cabin in the Sierra Tract. In Escrow!
• 1251 Sierra Blvd (9/23/09) $174,900 1638 square foot duplex in the Sierra Tract.
• 3025 Christmas Valley (5/15/09) $209,900 2 bedroom, 1 bath Christmas Valley Condo.

 

 

 

 

The foreclosures in South Lake Tahoe sell much faster than non-foreclosure homes. Bank owned properties are priced to sell because lenders want to limit there holding costs as much as possible. It is rare that an REO (bank owned property) will last more than 60 days on the market without a price reduction. The average days on the market for the foreclosures that sold so far this year has been only 89 days including the escrow period.

Here are the Statistics for the 8 foreclosures that have sold so far this year.

• Average list price $320,755
• Median list price $257,053
• Average square feet 1743
• Median square feet 1827
• Average days on market is 62 days
• Average sales price $273,513
• Median sales price $215,000

 

 

This foreclosure listings in South Lake Tahoe blog was posted and updated by South Lake Tahoe real estate agent Brent Johnson. If you would like any more information about any of these South Lake Tahoe foreclosure , the South Lake Tahoe mls, or any South Lake Tahoe Real Estate, contact Brent and Jill Johnson today!

Bank Owned Foreclosure Listing in South Lake Tahoe

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.

Bank Owned Properties in South Lake Tahoe

The South Lake Tahoe real estate market has seen an increase in bank owned foreclosure listings in the last two weeks. There have been nine new single family bank owned foreclosure listings in South Lake Tahoe in the last 2 weeks, and six new foreclosure listings so far this June.

Currently there are 26 bank owned property listings in South Lake Tahoe, and 17 of them are in escrow. Some of the 9 foreclosure listings that are not yet in escrow have offers pending on them at the present time.

Here are the six new bank owned foreclosure listings on the South Lake Tahoe mls this June: (click on the address for the complete listing description and pictures)

1. 1122 Sundown is a 3 bedroom, 2 bathroom, 2 car garage 1962 square foot home that was built in 1991. This home is in Montgomery estates and has upstairs living, knotty pine cabinets and ceilings.

  2. 1211 Wildwood is a 2 bedroom, 1 bath, 994 square foot home in the Stateline area. This house was built in 1948 and is on a 5009 square foot lot.

 3. 1223 Bonanza Unit 9 is a 2 bedroom, 2 bath, 985 square foot condo located in the Y Area. The HOA fees are $153,450 a month.

 4. 1077 Onnontioga  is a 2 bedroom, 1 bath, 1 car garage, 1040 square foot home. This house is located in the Pioneer Trail area on a 11,400 square foot lot.

5. 1621 Venice Drive is a 4 bedroom, 2.5 bath, 2 car garage, 2068 square foot home in the Tahoe Keys. This is the only current foreclosure listing in the Tahoe Keys area.

6. 2232 Marshall Trail is a 3 bedroom, 3 bath, 2 car garage, 1790 square foot home in the Montgomery Estates area. This house was built in 1998.

 

Click on the following link for a list of all of the foreclosure listings in South Lake Tahoe. For more information regarding bank owned foreclosure listings in South Lake Tahoe please call Brent Johnson at (530) 416-2625.

Bank Owned Properties in South Lake Tahoe

Another bank owned foreclosure has been listed on the South Lake Tahoe mls. 1181 Nottaway has just been listed for $207,000. This house is 936 square feet and has a listing price per square foot of $221.15. The average listing price per square foot for the foreclosures in South Lake Tahoe that are currently on the market is $194 per square foot. This new foreclosure listing brings the total amount of foreclosures on the South Lake Tahoe mls to 25 and 21 of them are in escrow.

 

Great opportunity to earn some sweat equity with this bank owned foreclosure listing in the Tahoe Paradise area of South Lake Tahoe. Located on a flat and sunny 6534 square foot lot in a quiet neighborhood, this would make a great first home or a vacation home. This house is 936 square feet and has 2 bedrooms, 1 bath, and a 1 car garage.

There are other houses for sale in South Lake Tahoe other than foreclosures that are also good deals. If you would like a list of homes for sale in South Lake Tahoe that I think are priced well in a certain price range, please call Brent Johnson today!

South Lake Tahoe Foreclosure and Short Sale Listings Search on my Website!!!

There is a new search option now available on my website that enables you to search for foreclosures and short sale listings on the South Lake Tahoe MLS! This new search tool will enable buyers to search only for foreclosures and short sales. If you would like to sign up for new listing notifications just click on the link and create a new user. The South Lake Tahoe Foreclosure listing search and the South Lake Tahoe short sale listing search option will look just like this:

Including the above criteria, only show me properties that:

are Short Sales

are REO / Bank Owned (Foreclosures)

 

 

Be aware that if you check the boxes for either foreclosure or short sale listings, you will only receive new foreclosure listings and short sale listings. If you would like to receive all listings including foreclosure and short sale listings, you can either leave the boxes un-checked, or you can set up two separate searches. If you are already signed up for new listing notification, you can still log into your account and create another home search for foreclosures and short sales only.

With 25 foreclosure listings on the South Lake Tahoe mls and all but 4 in escrow, buyers are finding in important to act quickly when a foreclosure comes onto the market. This new foreclosure and short sale listing search tool on my website will enable you to act quicker and get a good buy on a foreclosure or short sale listing.

If you have any trouble with the new short sale and foreclosure search tool please call Brent Johnson at (530) 416-2625. I hope that you take advantage of this great new feature on my website!

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