NOT LISTED FOR SALE

1480 Mount Olympia Cir Unit Ci South Lake Tahoe, CA 96150

Estimated Value: $1,149,000 - $1,322,943

5 Beds
3 Baths
2,968 Sq Ft
$423/Sq Ft Est. Value

Last Sold September 28, 2012

Last sale price $580,000 $195 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $7,692/month

6 Days on Market

Highlights

  • Spa
  • Mountain View
  • Deck
  • Built-In Refrigerator
  • Maid or Guest Quarters
  • Vaulted Ceiling

About This Home

As of September 2012

Just 3 years new, this 5 bedroom home is completely surrounded by Forestry owned parcels adding to this already tranquil county setting. This subdivision offers consistently newer homes throughout with an abundance of sunshine & endless recreation at your fingertips. A flat lot with great southern exposure allows for easy access in the winter & fantastic outdoor entertaining in the summer. An open floor plan begins at a grand 2-story great room complete w/ slab granite fireplace, custom Alder wall units & a built-in aquarium. The well appointed kitchen is right off of the garage for ease and functionality with quick access to the backyard. Bedrooms are all substantial w/ the Master offering space for a built-in office, private deck & walk-in closet. Slab marble or granite is found in all 3 bathrooms, including shower walls. A spacious loft with open banister doubles as a family or game room.

Last Listed By

Mark Salmon

Compass License #01485376 Listed on: 07/27/2012

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,315

Year Built

  • Built in 2009

Lot Details

  • 10,292 Sq Ft Lot
  • Landscaped
  • Natural State Vegetation
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Mountain
  • Forest

Home Design

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

Interior Spaces

  • 2,968 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
  • Family Room
  • Combination Dining and Living Room
  • Home Office
  • Crawl Space
  • Laundry in Bedroom

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Laminate
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Maid or Guest Quarters
  • 3 Full Bathrooms
  • Dual Sinks
  • Jetted Tub and Shower Combination in Primary Bathroom

Outdoor Features

  • Spa
  • Deck
  • Patio
  • Front 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 033-463-07-100

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,315

Year Built

Built in 2009

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Style: Contemporary
  • Additional Features: Garage Door Opener, Vaulted Ceilings, Walk In Closet, Spa/Whirlpool
  • Countertops: Granite, Natural Stone, Slab
  • Master Bdrm Features: Master Bath, Double Sinks, Jetted Tub, Shower/Tub Combo, Slab Counters, Walk-In Closet
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Stories: 2
  • Year Built: 2009
  • Directions: Take Mt. Rainier Dr from Lake Tahoe Blvd and turn left on Mt. Olympia Cir (2nd left), house on the left.
  • OFFICELIST_STATE: CA
  • FILLSUBDIVISION: Mt View Estates 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Carpet, Tile, Wood, Natural Stone, Laminate
  • Windows: Double Pane, Vinyl Frame
  • Master Bedroom: Yes
  • Bedrooms: 5
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Kitchen: Garbage Disposal, Refrigerator Blt-in, Microwave Built-in, Dishwasher Built-in, Gas Range
  • Additional Rooms: Office/Den, Living Room, Living/Dining Combo, Loft, Entry/Foyer, Family Room, Great Room, Guest Quarters
  • Fireplace Description: Insert - Gas
  • Laundry Location: Bathroom Combo
  • Price Per Square Foot: 195.42
  • Square Footage: 2968.00

Exterior Features

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

Garage/Parking

  • Garage Type: Attached
  • Garage: 2.00

Utilities

  • Sprinklers: Full Sprinklers
  • 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: 0.2363
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 10292.00
  • Price Per Acre: 2454506.98

Green Features

  • Green Features: Composite Deck Matrl, Low E Windows

Tax Info

  • Annual Taxes: 4314.98
  • Assessor Parcel Number: 033-463-07-100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 6, 2013
Sold by
Parsons Paul and Parsons Joanne
Bought by
Parsons Paul E and Parsons Joanne M
Total Days on Market
6
Current Estimated Value
$1,256,736

Purchase Details

Listed on
Jul 27, 2012
Closed on
Sep 19, 2012
Sold by
Nimtz Thomas C
Bought by
Parsons Paul and Parsons Joanne
Seller's Agent
Mark Salmon
Compass
Buyer's Agent
Mark Heckert
RE/MAX Gold - SLT
List Price
$599,000
Sold Price
$580,000
Premium/Discount to List
-$19,000
-3.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%
Original Mortgage
$180,000
Interest Rate
3.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 5, 2006
Sold by
Nimtz Thomas C and Nimtz Lisa
Bought by
Nimtz Thomas C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 1997
Sold by
Busey Donald C and Busey Norma J
Bought by
Nimtz Thomas C and Nimtz Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.45%

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
Parsons Paul E -- None Available
Parsons Paul -- None Available
Parsons Paul $580,000 Placer Title Company
Nimtz Thomas C -- Placer Title Company
Nimtz Thomas C -- None Available
Nimtz Thomas C $165,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parsons Paul E $200,000
Closed Parsons Joanne M $180,200
Closed Parsons Paul $180,000
Previous Owner Nimtz Thomas C $392,000
Previous Owner Nimtz Thomas C $119,350
Previous Owner Nimtz Thomas C $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2012 09/28/12 Sold $580,000 -3.2% $195 / Sq Ft
08/02/2012 08/02/12 Pending -- -- --
07/27/2012 07/27/12 For Sale $599,000 -- $202 / 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
2024 $7,878 $733,021 $84,503 $648,518
2023 $7,741 $718,649 $82,847 $635,802
2022 $7,665 $704,559 $81,223 $623,336
2021 $7,543 $690,745 $79,631 $611,114
2020 $7,437 $683,663 $78,815 $604,848
2019 $7,401 $670,259 $77,270 $592,989
2018 $6,918 $627,705 $75,755 $551,950
2017 $6,809 $615,398 $74,270 $541,128
2016 $6,670 $603,332 $72,814 $530,518
2015 $6,331 $594,271 $71,721 $522,550
2014 $6,331 $582,632 $70,317 $512,315
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Tahoe Association of REALTORS®

MLS Number: 119736

South Tahoe Association of REALTORS®

APN: 033-463-007-000