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    1040 Martin Ave South Lake Tahoe, CA 96150-3125
    Property profile & analytics

    1040 Martin Ave, South Lake Tahoe, CA 96150-3125

    View on Map

    • Hotels
    • 11,228 SF
    • 0.80 lot acres
    Off-Market
    Last Sale Oct 21, 2020
    $1,726,500
    Property ID
    US09-1035717
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,680,000
    Show details
    Cap Rate Potential
    4.4%
    Hotels
    Location Intelligence

    Current Use by Public Records

    • Sierra Pines Apartments / Apartment Building

    Property Details for 1040 Martin Ave

    Year built
    1965
    Lot size
    0.80 lot acres
    Zone code
    TC
    Property type
    Hotels
    Property subtype
    Motels
    APN
    031-085-021-000
    APU
    31085021000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 21, 2023 — Sierra Pines LLC — Deed · related $2.3M · Greystone Servicing Company LLC
    Oct 21, 2020 $1,726,500 Sierra Pines LLC Oakland Hills Tennis Club INC Grant Deed $1.2M · American River Bank
    Dec 27, 2018 — Oakland Hills Tennis Club INC — Deed · related $525k · Bank Of The West
    May 29, 1998 $750,000 Oakland Hils Tennis Club INC Voll Trust Grant Deed $525k · Sumitomo Bank Of California
    Apr 25, 1997 — Ludwig J Voll Voll,ludwig J & Brunhild Quit Claim Deed · related —
    — — Oakland Hills Tennis Club INC — Deed Of Trust · related $525k · Bank Of The West
    — — Oakland Hills Tennis Club INC — Deed Of Trust · related $750k · Citibank West Fsb
    Sep 17, 1964 $28,000 — — Grant Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,565,000
      ML approach
      $1,710,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,145,000
      6.5%
      $1,055,000
      7%
      $980,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,208,000
      Market price range: $302k - $2.81M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    South Lake Tahoe
    County
    El Dorado
    State
    California
    Longitude
    -119.982
    Latitude
    38.9265
    CBSA code
    40900
    CBSA name
    SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $19,865
    $442,170
    $1,379,080
    $1,821,250
    -
    $0.00
    $0.00
    $0.00
    More about this property
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