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1223 Bonanza Ave

South Lake Tahoe, CA 96150

2 bd 1 ba 841 sqft Built 1965 Lot 871 sqft condos
Most recent sale
$280,000
Jul 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 18, 2025 Price changed for rent $1,850 RentalBeast
Oct 12, 2025 Price changed for rent $1,900 RentalBeast
Sep 12, 2025 Price changed for rent $1,950 RentalBeast
Aug 14, 2025 Listed for rent $2,000 RentalBeast
Jul 28, 2024 Price changed for rent $2,000 RentalBeast
Jul 24, 2024 Listed for rent $2,200 RentalBeast
Apr 28, 2023 Listed for rent $2,025 Zumper
Jul 6, 2022 Sold $280,000 Public Record
May 21, 2022 Listed $288,000 MLS #135751
Feb 7, 2022 Listed for rent $1,700 TurboTenant
Jun 3, 2021 Listed for rent $1,800 AppfolioUnits
Feb 14, 2021 Listed for rent $1,800 AppfolioUnits
Nov 29, 2016 Sold $125,000 Public Record
Aug 23, 2016 Price changed $129,900 SouthLakeTahoe
Jul 2, 2016 Price changed $139,900 SouthLakeTahoe
Apr 1, 2016 Price changed $149,900 SouthLakeTahoe
Aug 8, 2015 Listed $159,000 SouthLakeTahoe
Oct 1, 2010 Sold $80,000 Public Record
Aug 16, 2010 Price changed $89,000 SouthLakeTahoe
May 27, 2010 Price changed $99,000 SouthLakeTahoe
Aug 7, 2009 Listed $126,000 SouthLakeTahoe
Jul 13, 2004 Sold $163,500 SouthLakeTahoe
Jul 12, 2004 Sold $163,500 Public Record
Aug 1, 2001 Sold $80,000 Public Record
Oct 22, 1998 Sold $41,500 Public Record
Mar 13, 1995 Sold $98,000 Public Record
Sep 11, 1986 Sold $37,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $260,100 $31,212 $291,312 $3,313
2024 $260,100 $31,212 $291,312 $3,121
2023 $250,000 $30,000 $280,000 $3,061
2022 $109,363 $27,340 $136,703 $1,562
2021 $107,219 $26,804 $134,023 $1,539
2020 $106,120 $26,530 $132,650 $1,517
2019 $104,040 $26,010 $130,050 $1,510
2018 $102,000 $25,500 $127,500 $1,477
2017 $100,000 $25,000 $125,000 $1,454
2016 $61,686 $24,889 $86,575 $1,035
2015 $60,760 $24,516 $85,276 $1,024
2014 $49,000 $19,500 $68,500 $823
2013 $30,000 $15,000 $45,000 $573
2012 $30,000 $15,000 $45,000 $572
2011 $57,000 $23,000 $80,000 $935
2010 $71,000 $23,000 $94,000 $933
2009 $88,000 $42,000 $130,000 $1,449
2008 $103,000 $42,000 $145,000 $1,569
2007 $128,489 $41,616 $170,105 $1,823

Property facts

Year built
1965
Property type
condos
Stories
1
Beds
2
Baths
1
Living area
841 sqft
Lot size
871 sqft
ZIP code
96150
City
South Lake Tahoe
Street
Bonanza Ave
Coordinates
38.90549, -120.00117

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,691
Gross rental yield
11.53%
Implied cap rate
7.50%
Trend-extrapolated value

Frequently asked questions

When did 1223 Bonanza Ave last sell?
1223 Bonanza Ave most recently sold on Jul 6, 2022 for $280,000.
What is the current tax assessment for 1223 Bonanza Ave?
The most recent total assessment for 1223 Bonanza Ave (year 2025) is $291,312 with $3,313 in property tax.
How does 1223 Bonanza Ave's assessment compare to its last sale price?
The current assessment is 4.0% above the last sale price of $280,000.
When was 1223 Bonanza Ave built?
1223 Bonanza Ave was built in 1965.
How does 1223 Bonanza Ave compare to others on Bonanza Ave?
We track 8 other properties on Bonanza Ave. Browse the list under "Other properties on Bonanza Ave" to compare beds, baths, and sale history.
What are the property facts for 1223 Bonanza Ave?
1223 Bonanza Ave is a 2 bed, 1 bath, 841 sqft, 871 sqft lot condos.
Is 1223 Bonanza Ave a flip candidate?
No — 1223 Bonanza Ave does not appear in our flips dataset.
Is 1223 Bonanza Ave a tax-appeal candidate?
No — 1223 Bonanza Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.2%
Implied 1-yr
+0.7%
2026 Q3
$888.9K
2026 Q4
$890.4K
ZIP 96150 — Median Price History + Forecast

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