NOT LISTED FOR SALE

240 Sierra Crest Trail Olympic Valley, CA 96146

Estimated Value: $513,000 - $5,387,000

5 Beds
6 Baths
4,920 Sq Ft
$754/Sq Ft Est. Value

About This Home

This home is located at 240 Sierra Crest Trail, Olympic Valley, CA 96146 and is currently estimated at $3,710,877, approximately $754 per square foot. 240 Sierra Crest Trail is a home located in Placer County with nearby schools including Tahoe Lake Elementary School, North Tahoe School, and North Tahoe High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2016
Sold by
Magnussen Bo and Magnussen Heidi
Bought by
Torkelson Robert R and Torkelson Marie E
Current Estimated Value
$3,710,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,610,459
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$1,373,119

Purchase Details

Closed on
Nov 28, 2013
Sold by
Phelan Alicia M
Bought by
Phelan Darren D and Phelan Alicia M

Purchase Details

Closed on
Nov 19, 2013
Sold by
Magnussen Bernard L and Magnussen Bo
Bought by
Magnussen Bo and Magnussen Heidi

Purchase Details

Closed on
Sep 4, 2003
Sold by
Magnussen Bernard L and Magnussen Sandra R
Bought by
Magnussen Bernard L and Magnussen Sandra R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 17, 2003
Sold by
Magnussen Bernard L and Magnussen Sandra R
Bought by
Magnussen Bernard L and Magnussen Sandra R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 6, 1997
Sold by
Lay John Marcus and Lay Kathaleen Donna
Bought by
Magnussen Bernard L and Magnussen Sandra R

Purchase Details

Closed on
Oct 23, 1996
Sold by
Jones Jeffrey W and Jones Ann Cheryl
Bought by
Lay John Marcus and Lay Kathaleen Donna
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Torkelson Robert R $3,250,000 First American Title Company
Phelan Darren D $9,091 None Available
Phelan Darren D -- None Available
Magnussen Bo $9,091 None Available
Phelan Alicia M -- None Available
Magnussen Bernard L $9,091 None Available
Magnussen Bo -- None Available
Magnussen Sandra R -- None Available
Phelan Alicia M -- None Available
Magnussen Bernard L -- Fidelity Title
Magnussen Bernard L -- Fidelity Title
Magnussen Bernard L -- Alliance Title
Magnussen Bernard L $265,000 Placer Title Company
Lay John Marcus $200,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torkelson Robert R $2,000,000
Previous Owner Magnussen Bernard L $335,000
Previous Owner Magnussen Bernard L $850,000
Previous Owner Magnussen Bernard L $2,000,000
Previous Owner Magnussen Sandra R $2,000,000
Previous Owner Magnussen Bernard L $900,000
Previous Owner Magnussen Bernard L $900,000
Previous Owner Magnussen Bernard L $900,000
Source: Public Records

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 $4,957 $464,232 $464,232 --
2023 $4,957 $446,206 $446,206 $0
2022 $4,885 $437,457 $437,457 $0
2021 $4,699 $428,880 $428,880 $0
2020 $4,708 $424,483 $424,483 $0
2019 $4,759 $416,160 $416,160 $0
2018 $4,628 $408,000 $408,000 $0
2017 $4,544 $400,000 $400,000 $0
2016 $4,113 $357,432 $357,432 $0
2015 $4,034 $352,064 $352,064 $0
2014 $3,919 $345,168 $345,168 $0
Source: Public Records

Map

California Placer County Olympic Valley 96146

240 Sierra Crest Trail, Olympic Valley, CA

This home is located at 240 Sierra Crest Trail, Olympic Valley, CA 96146 and is currently estimated at $3,710,877, approximately $754 per square foot. 240 Sierra Crest Trail is a home located in Placer County with nearby schools including Tahoe Lake Elementary School, North Tahoe School, and North Tahoe High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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