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2538 Elwood Ave

South Lake Tahoe, CA 96150

4 bd 2 ba 1,690 sqft Built 1966 Lot 4,792 sqft multi_family
Most recent sale
$687,000
Aug 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 19, 2022 Sold $687,000 Public Record
Apr 22, 2022 Listed $699,000 MLS #135589
Mar 4, 1983 Sold $95,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $500,328 $214,426 $714,754 $7,946
2024 $500,328 $214,426 $714,754 $7,535
2023 $480,900 $206,100 $687,000 $7,404
2022 $232,165 $50,960 $283,125 $3,151
2021 $227,613 $49,961 $277,574 $3,104
2020 $225,280 $49,449 $274,729 $3,059
2019 $220,863 $48,480 $269,343 $3,044
2018 $216,533 $47,530 $264,063 $2,978
2017 $212,288 $46,599 $258,887 $2,932
2016 $208,126 $45,686 $253,812 $2,873
2015 $134,864 $28,836 $163,700 $1,902
2014 $132,223 $28,272 $160,495 $1,838
2013 $131,626 $28,146 $159,772 $1,833
2012 $129,046 $27,595 $156,641 $1,798
2011 $126,516 $27,054 $153,570 $1,743
2010 $125,571 $26,852 $152,423 $1,727
2009 $125,870 $26,917 $152,787 $1,719
2008 $123,402 $26,390 $149,792 $1,649
2007 $120,983 $25,873 $146,856 $1,618

Property facts

Year built
1966
Property type
multi_family
Stories
Beds
4
Baths
2
Living area
1,690 sqft
Lot size
4,792 sqft
ZIP code
96150
City
South Lake Tahoe
Street
Elwood Ave
Coordinates
38.92296, -119.98435

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
$5,408
Gross rental yield
9.45%
Implied cap rate
6.14%
Trend-extrapolated value

Frequently asked questions

When did 2538 Elwood Ave last sell?
2538 Elwood Ave most recently sold on Aug 19, 2022 for $687,000.
What is the current tax assessment for 2538 Elwood Ave?
The most recent total assessment for 2538 Elwood Ave (year 2025) is $714,754 with $7,946 in property tax.
How does 2538 Elwood Ave's assessment compare to its last sale price?
The current assessment is 4.0% above the last sale price of $687,000.
When was 2538 Elwood Ave built?
2538 Elwood Ave was built in 1966.
How does 2538 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 2538 Elwood Ave?
2538 Elwood Ave is a 4 bed, 2 bath, 1,690 sqft, 4,792 sqft lot multi_family.
Is 2538 Elwood Ave a flip candidate?
No — 2538 Elwood Ave does not appear in our flips dataset.
Is 2538 Elwood Ave a tax-appeal candidate?
No — 2538 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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