NOT LISTED FOR SALE

1390 Lanny Ln Olympic Valley, CA 96146

Estimated Value: $2,896,000 - $3,465,979

6 Beds
4.5 Baths
4,100 Sq Ft
$759/Sq Ft Est. Value

Last Sold March 27, 2020

Last sale price $2,195,000 $535 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $19,074/month

513 Days on Market

Highlights

  • Panoramic View
  • Heated Floors
  • Recreation Room
  • Tahoe Lake Elementary School Rated A-
  • Living Room with Fireplace
  • Mountain Architecture

About This Home

As of March 2020

Beautiful southern exposure Squaw view home in excellent condition. An entertainer’s luxury dream design with large open space chef's kitchen, dining & living area leading to the wet bar which flows out to the inviting deck complete with barbecue, waterfall and covered hot-tub. Impressive high-end construction, quality throughout with special features including in floor radiant heat, hardwood floors, cherry cabinetry, doors & accents. Lutron QS controlled lights, blinds & heat. State of the art audio/visual

Last Agent to Sell the Property

Jim Courcier

Sierra Sotheby's Int Realty TC License #01387082 Listed on: 09/20/2018

Sierra Sotheby's Int Realty TC

Last Buyer's Agent

Jamison Blair

COMPASS License #01246366

COMPASS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,485

Year Built

  • Built in 2007 | Remodeled

Lot Details

  • 0.36 Acre Lot
  • Level Lot

Property Views

  • Panoramic
  • Mountain
  • Meadow

Home Design

  • Mountain Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,100 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Living Room with Fireplace
  • Recreation Room
  • Alarm System

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Heated Floors
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Car Garage
  • Insulated Garage
  • Garage Door Opener

Outdoor Features

  • Multiple Outdoor Decks

Utilities

  • Hydronic Heating System
  • Radiant Heating System
  • Heating System Mounted To A Wall or Window
  • Heating System Uses Propane

Community Details

  • Squaw Valley Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,485

Year Built

Built in 2007 | Remodeled

Lot Details

0

Listing Details

  • Age: 10-15 Years
  • Alarm YN: Y
  • Estimated Lot Size: .26 - .5
  • Community: Squaw Valley
  • Directions: Squaw Valley Rd. to Rt. on Eric Rd. and immediate left onto Lanny Lane. 1390 is 1st Home on Rt.
  • Number of Acres: 0.36
  • Optional Financing: Cash To New Loan
  • Service Type: Full Service
  • Setting: Street
  • Sub-Area: 6SV
  • Sub-Status: Standard
  • Topography: Level, Upslope
  • Year Built: 2007
  • Cross Street: Eric Rd.
  • Other: Pantry, High Ceilings, Landscaping, Phone, Cable TV, High Speed Internet, Hot Tub, Steam Shower
  • Phase Unit: 2
  • Estimated Sq Ft: OTHER
  • Architecture: Mountain
  • Property Condition: Extensive Remodel
  • Sign YN: Y
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Heating: Propane, Wall Unit, Hydronic, Radiant, In Floor
  • Estimated Sq Ft: 4100
  • Stories: Three
  • Water Company: SVMWC
  • Gas: Propane
  • Appliances: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer, Other
  • Bonus Rooms: Rec Room
  • Fireplace: Living Room
  • Furnished: Mostly
  • Bathrooms: 4.5
  • Bedrooms: 6
  • Floor Coverings: Carpet, Stone, Tile, Wood

Exterior Features

  • View: Panoramic, Mountain, Ski Resort, Meadow
  • Foundation: Perim Concrete
  • Roof: Composition
  • Decks: 2
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: Three
  • Garage/Parking: Attached, Detached, Insulated, Gar Door Opener, Oversized

Utilities

  • Laundry: Room

Lot Info

  • Lot Number: 1
  • Lot Dimensions: Irregular

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2018
Closed on
Mar 23, 2020
Sold by
Bonino Anthony John and Bonino Linda Marijke
Bought by
Streetman Frederick Daniel and Streetman Teresa Marie
Seller's Agent
Jim Courcier
Sierra Sotheby's Int Realty TC
Buyer's Agent
Jamison Blair
COMPASS
List Price
$2,550,000
Sold Price
$2,195,000
Premium/Discount to List
-$355,000
-13.92%
Current Estimated Value
$3,110,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$915,745
Avg. Annual Appreciation
6.10%
Original Mortgage
$1,756,000
Outstanding Balance
$1,562,334
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$1,460,828

Purchase Details

Listed on
Jul 1, 2017
Closed on
Oct 25, 2017
Sold by
Hitchcock Bruce W and Hitchcock Nina J
Bought by
Bonino Anthony John and Bonino Linda Marijke
Seller's Agent
Bill Leeder
Chase International - TC
Buyer's Agent
Katherina Haug
Sierra Sotheby's Int Realty TC
List Price
$2,299,000
Sold Price
$2,050,000
Premium/Discount to List
-$249,000
-10.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.93%
Original Mortgage
$1,537,500
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 1, 2009
Sold by
Hitchcock Bruce W and Hitchcock Nina J
Bought by
Hitchcock Bruce W and Hitchcock Nina J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2005
Sold by
Hitchcock Bruce W and Hitchcock Nina J
Bought by
Hitchcock Bruce W and Hitchcock Nina J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.75%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 13, 2004
Sold by
Squaw Valley Lodge Owners Assn
Bought by
Squaw Valley Lodge Owners Assn

Purchase Details

Closed on
Dec 15, 2000
Sold by
Hitchcock Bruce W and Hitchcock Nina J
Bought by
Hitchcock Bruce W and Hitchcock Nina J

Purchase Details

Closed on
Sep 3, 1999
Sold by
Press Harvey J
Bought by
Press Harvey J

Purchase Details

Closed on
Jul 8, 1998
Sold by
Hitchcock Ralph W and Hitchcock Betty C
Bought by
Hitchcock Bruce W and Hitchcock Nina J

Purchase Details

Closed on
Mar 4, 1994
Sold by
Standard Trust Deed Service Company
Bought by
Bank Of The West

Purchase Details

Closed on
Jan 4, 1994
Sold by
Dwares Peter Lance
Bought by
Ruff Corp N V

Purchase Details

Closed on
Oct 21, 1992
Sold by
Jones Michael W and Jones Janine M
Bought by
Jones Janine M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Streetman Frederick Daniel $2,195,000 First American Title Company
Bonino Anthony John $2,050,000 Fidelity National Title Co
Hitchcock Bruce W -- Fidelity National Title Co
Hitchcock Bruce W -- Fidelity Title
Hitchcock Bruce W -- Fidelity Title
Squaw Valley Lodge Owners Assn -- Placer Title
Hitchcock Bruce W -- --
Press Harvey J -- --
Hitchcock Bruce W $150,000 --
Bank Of The West $119,691 North American Title Co
Ruff Corp N V $218,500 First American Title Ins Co
Jones Janine M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Streetman Frederick Daniel $1,756,000
Previous Owner Bonino Anthony John $1,537,500
Previous Owner Hitchcock Bruce W $1,015,000
Previous Owner Hitchcock Bruce W $1,000,000
Previous Owner Hitchcock Bruce W $350,000
Previous Owner Hitchcock Bruce W $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2020 03/27/20 Sold $2,195,000 -13.9% $535 / Sq Ft
02/15/2020 02/15/20 Pending -- -- --
09/20/2018 09/20/18 For Sale $2,550,000 +24.4% $622 / Sq Ft
11/14/2017 11/14/17 Sold $2,050,000 -10.8% $500 / Sq Ft
09/21/2017 09/21/17 Pending -- -- --
07/01/2017 07/01/17 For Sale $2,299,000 -- $561 / Sq Ft
Source: Tahoe Sierra Board 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 $25,485 $2,400,548 $546,820 $1,853,728
2023 $25,485 $2,307,335 $525,588 $1,781,747
2022 $24,946 $2,262,094 $515,283 $1,746,811
2021 $23,982 $2,217,740 $505,180 $1,712,560
2020 $23,364 $2,132,820 $520,200 $1,612,620
2019 $23,591 $2,091,000 $510,000 $1,581,000
2018 $22,706 $2,050,000 $500,000 $1,550,000
2017 $7,759 $709,398 $135,074 $574,324
2016 $7,679 $695,489 $132,426 $563,063
2015 $7,524 $685,043 $130,437 $554,606
2014 $7,301 $671,625 $127,882 $543,743
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20183037

Tahoe Sierra Board of REALTORS®

APN: 096-151-007