NOT LISTED FOR SALE

1319 Mount Olympia Cir Unit Ci South Lake Tahoe, CA 96150

Estimated Value: $826,000 - $1,322,000

4 Beds
2.5 Baths
2,295 Sq Ft
$485/Sq Ft Est. Value

Last Sold July 31, 2012

Last sale price $505,000 $220 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $6,464/month

108 Days on Market

Highlights

  • Peek-A-Boo Views
  • Deck
  • Great Room
  • Maid or Guest Quarters
  • Vaulted Ceiling
  • Granite Countertops

About This Home

As of July 2012

This brand new has just been completed by Schweitzer Built Homes and is sure to impress from the curb with it's wide profile, arch top garage doors & a rich blend of cedar siding. The interior offers upstairs living that opens to the kitchen/dining with vaulted ceilings & 2nd story decks front & rear that take in an abundance of sun, filtered mountain & forest views. 2 USFS lots across the street & a Conservancy owned lot to the back right provide a feeling of privacy and seclusion. Hickory cabinetry combines w/ knotty pine mill works that include fully encased windows to provide the sought after rustic ambiance of a Tahoe getaway. Pleasant combinations of stone works enhance this feel with slab granite counters, travertine and slate accents throughout. The Master Suite tenders a grand double door entry & provides his/her walk-in closets, double vanities, stall shower & an impressive 6' free-standing tub. The 4th bedroom can easily double as a family room. Over sized 2-car garage!

Last Agent to Sell the Property

Mark Salmon

Compass License #01485376 Listed on: 03/11/2012

Compass

Last Buyer's Agent

Sheila Edner

Chase International - South La License #01740492

Chase International - South La

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $946

Year Built

  • Built in 2012

Lot Details

  • 0.25 Acre Lot
  • Natural State Vegetation

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Peek-A-Boo
  • Mountain
  • Forest

Home Design

  • Wood Frame Construction
  • Pitched Roof
  • Composition Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,295 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Self Contained Fireplace Unit Or Insert
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Entrance Foyer
  • Great Room
  • Combination Dining and Living Room
  • Crawl Space
  • Laundry Room

Kitchen

  • Oven
  • Gas Range
  • Built-In Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Maid or Guest Quarters
  • Dual Sinks
  • Shower Only

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • Mt View Estates 1 Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 033-462-03-100

Home Details

Home Type

Single Family

Est. Annual Taxes

$946

Year Built

Built in 2012

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Style: Split Level
  • Additional Features: Garage Door Opener, Vaulted Ceilings, Walk In Closet
  • Countertops: Granite, Slab
  • Master Bdrm Features: Master Bath, Double Sinks, Stall Shower, Nat Stone Flooring, Slab Counters, Walk-In Closet
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Stories: 2
  • Year Built: 2012
  • Directions: Take Mt Rainier from Lake Tahoe Blvd and turn left onto Mt. Olympia.
  • OFFICELIST_STATE: CA
  • FILLSUBDIVISION: Mt View Estates 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Carpet, Natural Stone
  • Windows: Double Pane, Vinyl Frame
  • Master Bedroom: Yes
  • Bedrooms: 4
  • Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Kitchen: Garbage Disposal, Pantry, Microwave Built-in, Dishwasher Built-in, Gas Range, Single Oven
  • Additional Rooms: Living Room, Living/Dining Combo, Entry/Foyer, Great Room, Guest Quarters, Upstairs Living
  • Fireplace Description: Insert - Gas
  • Laundry Location: Laundry Room
  • Price Per Square Foot: 220.04
  • Square Footage: 2295.00

Exterior Features

  • Construction: Wood Frame, Wood Siding
  • Exterior: Bear-Proof Trash Can
  • Foundation: Concrete/Crawl Space
  • Landscaped: Natural
  • Patio Deck: Deck, Covered, Uncovered, Front Porch
  • Roof: Pitched, Asphalt, Composition
  • Views: Mountains, Filtered, Forest

Garage/Parking

  • Garage Type: Attached
  • Garage: 2.00

Utilities

  • Heating/Cooling: Forced Air, Natural Gas
  • Utilities: ElectricityAvailable, NaturalGasAvailable, City Water, City Sewer, Cable TV, Telephone, High Speed Internet
  • Water Heater: Natural Gas

Association/Amenities

  • Entry Level Unit: Ci

Lot Info

  • Acres: 0.2528
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 11014.00
  • Price Per Acre: 1997626.58

Green Features

  • Green Features: Low E Windows

Tax Info

  • Annual Taxes: 945.86
  • Assessor Parcel Number: 033-462-03-100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2012
Closed on
Jul 26, 2012
Sold by
Schweitzer Built Inc
Bought by
Teteak David and Teteak Kelli
Seller's Agent
Mark Salmon
Compass
Buyer's Agent
Sheila Edner
Chase International - South La
List Price
$525,000
Sold Price
$505,000
Premium/Discount to List
-$20,000
-3.81%
Current Estimated Value
$1,112,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$607,679
Avg. Annual Appreciation
6.18%
Original Mortgage
$448,200
Outstanding Balance
$309,761
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$802,918

Purchase Details

Closed on
Aug 4, 2011
Sold by
Laporte Patrick J and Pette Monica
Bought by
Schweitzer Built Inc

Purchase Details

Closed on
Oct 5, 2005
Sold by
Laporte Patrick J and Pette Monica
Bought by
Laporte Patrick J and Pette Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,800
Interest Rate
5.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2004
Sold by
Hughes Gregory T and Hughes Sandra J
Bought by
Laporte Patrick J and Pette Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,200
Interest Rate
4.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 2003
Sold by
Kenneth Daniel Blake and Kenneth Renee Salomon
Bought by
Hughes Gregory T and Hughes Sandra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
5.85%

Purchase Details

Closed on
Jan 4, 2003
Sold by
Kenneth Robert J and Kenneth Hester Y
Bought by
Kenneth Daniel Blake and Kenneth Renee Salomon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
5.85%

Purchase Details

Closed on
Dec 19, 2002
Sold by
Kenneth Robert J and Kenneth Hester Y
Bought by
Kenneth Daniel Blake and Kenneth Renee Salomon
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Teteak David $505,000 Placer Title Company
Schweitzer Built Inc $74,000 Old Republic Title Company
Laporte Patrick J -- Fidelity National Title Co
Laporte Patrick J $341,500 Old Republic Title Co
Hughes Gregory T $245,000 Fidelity Natl Title Co
Kenneth Daniel Blake -- --
Kenneth Daniel Blake -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teteak David $448,200
Previous Owner Laporte Patrick J $340,800
Previous Owner Laporte Patrick J $273,200
Previous Owner Hughes Gregory T $220,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2012 07/31/12 Sold $505,000 -3.8% $220 / Sq Ft
06/27/2012 06/27/12 Pending -- -- --
03/11/2012 03/11/12 For Sale $525,000 -- $229 / Sq Ft
Source: South Tahoe Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,499 $621,856 $92,348 $529,508
2024 $6,499 $609,664 $90,538 $519,126
2023 $6,385 $597,711 $88,763 $508,948
2022 $6,321 $585,992 $87,023 $498,969
2021 $6,219 $574,503 $85,317 $489,186
2020 $6,131 $568,613 $84,443 $484,170
2019 $6,100 $557,465 $82,788 $474,677
2018 $5,963 $546,535 $81,165 $465,370
2017 $5,868 $535,820 $79,574 $456,246
2016 $5,747 $525,314 $78,014 $447,300
2015 $5,453 $517,426 $76,844 $440,582
2014 $5,453 $507,292 $75,340 $431,952
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Tahoe Association of REALTORS®

MLS Number: 119038

South Tahoe Association of REALTORS®

APN: 033-462-003-000