NOT LISTED FOR SALE

1560 Olympic Valley Rd Unit 3 Olympic Valley, CA 96146

Estimated Value: $919,000 - $1,172,403

2 Beds
2 Baths
1,056 Sq Ft
$724/mo HOA Fee

Last Sold August 18, 2023

Last sale price $1,000,000 $947 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $7,294/month

76 Days on Market

Highlights

  • Ski Accessible
  • Panoramic View
  • Deck
  • Tahoe Lake Elementary School Rated A-
  • 1.5 Acre Lot
  • Wood Burning Stove

About This Home

As of August 2023

*****************************************180 DEGREE VIEWS RED DOG TO TRAM ROCK******************************************* Exterior features: -- All new steel siding (fire hardening) for all units in complex. -- All new deck structures for each unit. -- Brand new parking lot surfaces. -- All of these items place this complex in the envious position of having major deferred maintenance items redone. Competitive complexes built in the early 1980s still face this unavoidable and expensive issue. ****************************************************************************************************************************************** Interior features: --condo interior completely redone with high end finishings featuring -- all Viking kitchen -- knotty alder cabinets throughout condominium -- high efficiency FAU -- in floor radiant heating -- sound canceling windows -- add on storage area with air lock entry. -- high vaulted ceilings with clerestory windows --mostly furnished with high end furnishings-- TURN KEY! ******************************************************************************************************************************************* Major advantages: All of these condos are TOWNHOMES which means that there is no one living above or below you. In addition, all units face south meaning that the upstairs main living area is always warmed by the sun and the lower floor bedroom area is always cool for comfortable sleeping. ******************************************************************************************************************************************* Location advantages: Finally, Valley View condominiums are located a short stroll from the Village with its restaurants and shopping as well as THE BEST downhill ski area in the USA.

Last Agent to Sell the Property

Bill Murphy

Sierra Sotheby's Int Realty TC License #00352874 Listed on: 04/28/2023

Sierra Sotheby's Int Realty TC

Last Buyer's Agent

0 NON-MEMBER

NON Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,193

Year Built

  • Built in 1980 | Remodeled

Lot Details

  • 1.5

HOA Fees

  • $724 Monthly HOA Fees

Parking

  • No Garage

Property Views

  • Panoramic
  • Mountain

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,056 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Wood Burning Stove
  • Free Standing Fireplace
  • Living Room with Fireplace

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • High-Efficiency Furnace
  • Heating System Uses Propane
  • Utility District

Community Details

Overview

  • Olympic Valley Community

Recreation

  • Ski Accessible

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,193

Year Built

Built in 1980 | Remodeled

Lot Details

0

HOA Fees

$724 per month

Listing Details

  • Age: 40+ Years
  • Estimated Lot Size: .76 - 1.50
  • Community: Olympic Valley
  • Directions: Olympic Valley Rd just before USPO on right & first entrance to Palilsades Tahoe parking lot on left
  • Number of Acres: 1.5
  • Service Type: Full Service
  • Setting: Condo/PUD Project
  • Sub-Area: 6SV
  • Sub-Status: Standard
  • Topography: Level
  • Year Built: 1980
  • Other: High Ceilings, High Speed Internet
  • Sewer: Utility District
  • Estimated Sq Ft: ASSESSOR
  • Architecture: Contemporary
  • Property Condition: Extensive Remodel, Used
  • Sign YN: Y
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Heating: Propane, Electric
  • Estimated Sq Ft: 1056
  • Stories: Two
  • Water Company: OVPSD
  • Gas: Propane
  • Water: Utility District
  • Appliances: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer
  • Bonus Rooms: Air Lock Entry
  • Fireplace: Living Room, Freestanding
  • Furnished: Mostly
  • Bathrooms: 2
  • Bedrooms: 2
  • Wood Stove: Living Room
  • Floor Coverings: Carpet, Wood

Exterior Features

  • View: Panoramic, Mountain, Ski Resort
  • Construction Exterior: Framed, Steel
  • Foundation: Perim Concrete
  • Roof: Composition
  • Decks: 1
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: None

Utilities

  • Laundry: Hall

Condo/Co-op/Association

  • HOA Amenities: Cross Country Skiing, Down Hill Skiing
  • HOA Fees: 2172
  • HOA Fee Frequency: Qtr
  • HOA Membership: Y

Green Features

  • Green Features: High Efficiency Furnace

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2007
Sold by
Manuele Kenneth
Bought by
Manuele Kenneth G
Current Estimated Value
$1,042,601

Purchase Details

Closed on
Nov 17, 2006
Sold by
Manuele Kenneth
Bought by
Manuele Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.87%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 29, 2006
Sold by
Manuele Lisa
Bought by
Manuele Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.87%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Manuele Kenneth G -- None Available
Manuele Kenneth -- Stewart Title Of Ca Inc
Manuele Kenneth -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Manuele Kenneth $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2023 08/18/23 Sold $1,000,000 -4.8% $947 / Sq Ft
07/13/2023 07/13/23 Pending -- -- --
07/06/2023 07/06/23 Price Changed $1,050,000 -8.7% $994 / Sq Ft
04/28/2023 04/28/23 For Sale $1,150,000 -- $1,089 / 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 $11,193 $1,020,000 $459,000 $561,000
2023 $11,193 $274,916 $53,837 $221,079
2022 $3,389 $269,527 $52,782 $216,745
2021 $3,274 $264,244 $51,748 $212,496
2020 $3,279 $261,536 $51,218 $210,318
2019 $3,310 $256,409 $50,214 $206,195
2018 $2,918 $251,382 $49,230 $202,152
2017 $2,865 $246,454 $48,265 $198,189
2016 $2,838 $241,622 $47,319 $194,303
2015 $2,729 $233,069 $46,609 $186,460
2014 $2,653 $228,504 $45,696 $182,808
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20230566

Tahoe Sierra Board of REALTORS®

APN: 096-450-003