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South Lake Tahoe Foreclosures - October 16, 2008

By
Real Estate Agent with Sierra Sotheby's International Realty 01816410

After an incredibly busy period amongst South Lake Tahoe foreclosures, these last two weeks have been very quiet in comparison. Four homes on the foreclosure list went into escrow, and there are only two new homes to the list.

There were some significant price reductions amongst foreclosures within the last two weeks. 967 Colusa Street was just reduced $35,000 to $449,000. I’ve mentioned in a previous post that it’s a beautiful home with a lot of potential. I expect it to go into escrow soon. 2604 Knox Avenue saw a price reduction of $25,900. It’s now listed at $329,000. At $149 per square foot, I’d expect someone to make a worthy offer.

If you’re interested in receiving the foreclosure lists by e-mail, please let me know at drew@southtahoehouses.com. As usual, I have more information on properties that will become foreclosures. However, I don’t feel at liberty to publish this information on the internet. If you are interested in those properties or the ones on this list, call me at (530) 545-1831.

Address
Bed/Bath/
Gar
Square Feet
Days
on
Market
Price
1200 Stockton Ave.
3/1/0
1160
6
$237,500
973 Tata Ln.
2/1.5/0
1200
10
$240,000
3829 Brian Ln.
2/1/0
816
29
$264,900
2012 Piute St.
2/1/0
1204
29
$273,900
1035 Herbert Ave.
4/2/1
1394
14
$279,900
1414 N. Upper Truckee Rd.
3/1/0
1040
72
$279,900
2604 Knox Ave.
4/2/1
2210
70
$329,000
573 Otomites St.
3/1.75/0
1104
111
$337,250
864 San Francisco Ave.
3/1.75/0
1848
318
$359,000
1612 Choctaw St.
6/4/2
2489
90
$428,355
1081 Bowers Ave.*
5/4/1
2416
28
$434,900
1490 Seminole Dr.
3/2/2
1872
56
$439,900
967 Colusa St.*
3/2.5/2
2286
73
$449,900
1210 Huph St.
4/2.5/2
2244
47
$528,000

* The listing agent chose not to publish his or her listing to internet MLS searches.


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