NOT LISTED FOR SALE

227 Olympic Valley Rd Unit 46 Olympic Valley, CA 96146

Alpine Meadows Neighborhood

Estimated Value: $749,000 - $978,000

2 Beds
2 Baths
1,115 Sq Ft
$1,085/mo HOA Fee

Last Sold November 15, 2023

Last sale price $705,000 $632 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,151/month

36 Days on Market

Highlights

  • View of Trees or Woods
  • Bavarian Architectural Style
  • Living Room with Fireplace
  • Tahoe Lake Elementary School Rated A-
  • Deck
  • 5-minute walk to Olympic Valley Park

About This Home

As of November 2023

Welcome to your serene mountain escape nestled just down the road from Palisades Tahoe. This 2 bedroom, 2 bathroom condo at The Tavern Inn offers the ultimate location for all seasons, making it an idyllic home or vacation retreat. In the winter, revel in the convenience of easy access to the epic skiing at Palisades Tahoe and Alpine Meadows. When summer arrives, step right outside your door and head down the street to the paved Truckee River Trail. There, you can embark on peaceful and scenic bike rides or hikes leading you to the charming town of Tahoe City. This impeccably maintained end unit condo boasts a spacious living room, complete with a beautiful slate gas fireplace. The living area seamlessly opens to the dining area, featuring sliding doors that lead to a wraparound deck. From this elevated vantage point, you'll be captivated by stunning mountain and wooded views that also overlook the on-site tennis courts. The kitchen is a chef's delight, adorned with stainless steel appliances, elegant granite countertops, and a convenient breakfast bar. The living spaces are filled with warmth and character from the hardwood floors, complemented by ample natural light streaming in through large windows. This property offers a generously sized one-car private garage, providing both winter parking convenience and ample storage space for your skis, bikes, and other recreational gear. Beyond your private retreat, The Tavern Inn offers incredible amenities for your enjoyment. Take a dip in the inviting pool, unwind in the soothing hot tub, or relax in the sauna after an adventurous day in the mountains. Grill up your favorites at the BBQ area, challenge friends to a match on the tennis courts, or try your hand at pickleball. This condo is not just a residence; it's a gateway to the year-round beauty and activities that define life in Olympic Valley. Don't miss this opportunity to make this mountain retreat your own!

Last Agent to Sell the Property

Jamison Blair

COMPASS License #01246366 Listed on: 09/21/2023

COMPASS

Last Buyer's Agent

Stefanie Scapini

eXp Realty of California, Inc License #01869862

eXp Realty of California, Inc

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2000

Lot Details

  • 0.26

HOA Fees

  • $1,085 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Property Views

  • Woods
  • Mountain

Home Design

  • Bavarian Architectural Style
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,115 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Great Room
  • Living Room with Fireplace

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Propane
  • Utility District

Community Details

Overview

  • Olympic Valley Community

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 2000

Lot Details

0

HOA Fees

$1,085 per month

Listing Details

  • Age: 20+ Years
  • Estimated Lot Size: 0 - .255
  • Community: Olympic Valley
  • Directions: Highway 89 to Olympic Valley Road, building is approximately .2 miles up the road on your left.
  • Service Type: Full Service
  • Setting: Street
  • Sub-Area: 6SV
  • Sub-Status: Standard
  • Topography: Level
  • Year Built: 2000
  • Sewer: Utility District
  • Estimated Sq Ft: ASSESSOR
  • Architecture: Bavarian
  • Property Condition: Like New
  • Sign YN: Y
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Heating: Propane, CFAH
  • Estimated Sq Ft: 1115
  • Stories: One
  • Water Company: OVPSD
  • Gas: Propane
  • Water: Utility District
  • Appliances: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer
  • Bonus Rooms: Great Room
  • Fireplace: Living Room, Gas Fireplace, Stone
  • Furnished: Partial
  • Bathrooms: 2
  • Bedrooms: 2
  • Floor Coverings: Carpet, Wood, Stone

Exterior Features

  • View: Wooded, Mountain
  • Foundation: Perim Concrete
  • Roof: Composition
  • Decks: 1
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: One
  • Garage/Parking: Detached

Utilities

  • Laundry: Hall

Condo/Co-op/Association

  • HOA Amenities: Pool, Tennis Courts, Other/See Remarks
  • HOA Fees: 1085
  • HOA Fee Frequency: Month
  • HOA Membership: Y

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2023
Closed on
Nov 7, 2023
Sold by
Chorey Jonathan Paul and Chorey Susan Gorham
Bought by
Hoareau Christian Michel and Lebon Marie Cindy
Seller's Agent
Jamison Blair
COMPASS
Buyer's Agent
Stefanie Scapini
eXp Realty of California, Inc
List Price
$719,000
Sold Price
$705,000
Premium/Discount to List
-$14,000
-1.95%
Views
34
Current Estimated Value
$841,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,094
Avg. Annual Appreciation
8.56%
Original Mortgage
$528,750
Outstanding Balance
$519,508
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$321,586

Purchase Details

Closed on
Mar 29, 2017
Sold by
Johnson Robert Sidney and Johnson Estella M
Bought by
Chorey Jonathan Paul and Chorey Susan Gorham

Purchase Details

Closed on
Sep 1, 2005
Sold by
Ash Mimi
Bought by
Johnson Robert Sidney and Johnson Estella M

Purchase Details

Closed on
Feb 18, 2005
Sold by
Ash Mimi
Bought by
Tri State Development

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2005
Sold by
Ash Robert
Bought by
Ash Mimi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2005
Sold by
Fasano Joseph and Fasano Mary Ann
Bought by
Ash Mimi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2004
Sold by
Fasano Joseph and Fasano Mary Ann
Bought by
Fasano Joseph and Fasano Mary Ann

Purchase Details

Closed on
Mar 28, 2001
Sold by
Tavern Inn Ii Llc
Bought by
Fasano Joseph and Fasano Mary Ann
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hoareau Christian Michel $705,000 Placer Title
Chorey Jonathan Paul $412,500 Fidelity National Title Co
Johnson Robert Sidney $550,000 First American Title
Tri State Development -- First American Title
Ash Mimi -- First American Title
Ash Mimi $510,000 First American Title
Fasano Joseph -- --
Fasano Joseph $369,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoareau Christian Michel $528,750
Previous Owner Ash Mimi $400,000
Closed Ash Mimi $84,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2023 11/15/23 Sold $705,000 -1.9% $632 / Sq Ft
10/27/2023 10/27/23 Pending -- -- --
09/21/2023 09/21/23 For Sale $719,000 -- $645 / 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 $8,080 $719,100 $316,200 $402,900
2023 $8,080 $460,149 $184,060 $276,089
2022 $5,353 $451,127 $180,451 $270,676
2021 $5,160 $442,282 $176,913 $265,369
2020 $5,170 $437,747 $175,099 $262,648
2019 $5,222 $429,165 $171,666 $257,499
2018 $4,780 $420,750 $168,300 $252,450
2017 $7,281 $647,615 $291,425 $356,190
2016 $7,208 $634,917 $285,711 $349,206
2015 $7,067 $625,381 $281,420 $343,961
2014 $6,863 $613,132 $275,908 $337,224
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20231794

Tahoe Sierra Board of REALTORS®

APN: 096-460-049