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2531 Elwood Ave

South Lake Tahoe, CA 96150

30 bd 25 ba 2,553 sqft Built 1961 Lot 4,792 sqft multi_family
Most recent sale
$675,000
Feb 5, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 22, 2022 Sold $2,800,000 Public Record
Oct 2, 2022 Relisted $2,999,999 MLS #222079299
Aug 29, 2022 Price changed $2,999,999 MLS #222079299
Aug 13, 2022 Relisted $3,399,000 MLS #222079299
Jul 18, 2022 Price changed $3,399,000 MLS #222079299
Jun 15, 2022 Listed $3,499,000 MLS #222079299
Feb 5, 2021 Sold $675,000 MLS #133527
Oct 15, 2002 Sold $255,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,040,400 $416,160 $1,456,560 $16,135
2024 $1,040,400 $416,160 $1,456,560 $15,298
2023 $1,000,000 $400,000 $1,400,000 $15,032
2022 $612,000 $76,500 $688,500 $11,891
2021 $287,666 $53,509 $341,175 $3,857
2020 $284,717 $52,961 $337,678 $3,803
2019 $279,135 $51,923 $331,058 $3,785
2018 $273,662 $50,905 $324,567 $3,702
2017 $268,297 $49,907 $318,204 $3,646
2016 $263,037 $48,929 $311,966 $3,574
2015 $259,087 $48,195 $307,282 $3,537
2014 $254,013 $47,251 $301,264 $3,453
2013 $252,866 $47,039 $299,905 $3,443
2012 $247,908 $46,117 $294,025 $3,377
2011 $243,048 $45,213 $288,261 $3,273
2010 $241,233 $44,876 $286,109 $3,243
2009 $241,807 $44,984 $286,791 $3,229
2008 $237,066 $44,102 $281,168 $3,097
2007 $232,418 $43,238 $275,656 $3,038

Property facts

Year built
1961
Property type
multi_family
Stories
2
Beds
30
Baths
25
Living area
2,553 sqft
Lot size
4,792 sqft
ZIP code
96150
City
South Lake Tahoe
Street
Elwood Ave
Coordinates
38.92309, -119.98495

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
$4,050
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2531 Elwood Ave last sell?
2531 Elwood Ave most recently sold on Feb 5, 2021 for $675,000.
What is the current tax assessment for 2531 Elwood Ave?
The most recent total assessment for 2531 Elwood Ave (year 2025) is $1,456,560 with $16,135 in property tax.
How does 2531 Elwood Ave's assessment compare to its last sale price?
The current assessment is 115.8% above the last sale price of $675,000.
When was 2531 Elwood Ave built?
2531 Elwood Ave was built in 1961.
How does 2531 Elwood Ave compare to others on Elwood Ave?
We track 8 other properties on Elwood Ave. Browse the list under "Other properties on Elwood Ave" to compare beds, baths, and sale history.
What are the property facts for 2531 Elwood Ave?
2531 Elwood Ave is a 30 bed, 25 bath, 2,553 sqft, 4,792 sqft lot multi_family.
Is 2531 Elwood Ave a flip candidate?
Yes — 2531 Elwood Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 2531 Elwood Ave a tax-appeal candidate?
No — 2531 Elwood 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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