$458,000
SOLD MAY 2, 2019

305 Olympic Ct Unit D State Line, NV 89449

3 Beds
2 Baths
1,034 Sq Ft
$572/mo HOA Fee

Recently Sold

$443 Per Sq Ft

143 Days on Market

Highlights

  • Unit is on the top floor
  • View of Trees or Woods
  • Furnished
  • Gene Scarselli Elementary School Rated A-
  • Wood Flooring
  • Great Room

About This Home

As of May 2019

Heavenly ski condo on the Nevada side of Tahoe. This unit grossed $65,000 in rental income for 2018. Enjoy as an investment, or make Tahoe your primary residence in tax friendly Nevada, where there is zero state income tax. This condo is tastefully remodeled and furnished throughout...available turnkey, including the hot tub overlooking Carson Valley. The Tahoe Village pool/hot tub is footsteps away. Click into your skis at Stagecoach...enjoy the restaurants, shops, nightlife and gaming in South Lake.

Last Agent to Sell the Property

Todd Disbrow

Engel & Volkers Lake Tahoe License #BS.0145280 Listed on: 10/29/2018

Engel & Volkers Lake Tahoe

Last Buyer's Agent

Todd Disbrow

Engel & Volkers Lake Tahoe License #BS.0145280 Listed on: 10/29/2018

Engel & Volkers Lake Tahoe

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $998

Year Built

  • Built in 1974

Lot Details

  • Cul-De-Sac
  • Lot Sloped Down

HOA Fees

Property Views

  • Woods
  • Mountain
  • Valley

Home Design

  • Pillar, Post or Pier Foundation
  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation
  • Stick Built Home

Interior Spaces

  • 1,034 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Gas Log Fireplace
  • Double Pane Windows
  • Drapes & Rods
  • Great Room

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Shelves in Laundry Area

Home Security

Location

  • Unit is on the top floor

Schools

  • Zephyr Cove Elementary School
  • Whittell High School - Grades 7 + 8 Middle School
  • Whittell - Grades 9-12 High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 131930529004

Community Details

Overview

  • Association fees include snow removal
  • $300 HOA Transfer Fee
  • Tahoe Village/Olympic Ct Hoas Association
  • On-Site Maintenance
  • Maintained Community
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Pool
  • Snow Removal

Additional Features

  • Shuttle
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$998

Year Built

Built in 1974

Lot Details

0

HOA Fees

$572 per month

Listing Details

  • Year Built: 1974
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Horses: No
  • Road Frontage Type: Other
  • Co List Office Mls Id: 1474-o
  • Co List Office Phone: 775-588-7710
  • Directions: Take Tramway Dr, make a left on Olympic Ct
  • Property Attached Yn: Yes
  • Contract Rent Control YN2: No
  • Tax Legal Elementary School: Zephyr Cove
  • Tax Legal Middle Or Junior School2: Whittell High School - Grades 7 + 8
  • Tax Legal High School: Whittell - Grades 9-12
  • Tax Legal Tax Annual Amount: 998.0
  • Tax Legal Zoning4: PUD
  • AssociationCommunity Association YN3: Yes
  • AssociationCommunity Association Fee3: 286.25
  • Building Stories5: 2
  • Building Property Attached YN: Yes
  • Building Home Warranty YN: Yes
  • Lot Horse YN2: No
  • Utilities Heating YN3: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Association Details Transfer Fee: 300.0
  • Lot View YN2: Yes
  • Construction Materials Wood Siding: Yes
  • Flooring Carpet: Yes
  • Utilities Internet Available: Yes
  • Heating Forced Air: Yes
  • Heating Natural Gas: Yes
  • Lot Features Cul-De-Sac: Yes
  • Lot Features Sloped Down: Yes
  • Association Amenities Pool: Yes
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions YN: Yes
  • Type of Construction SiteStick-Built: Yes
  • Water Rights Water Rights YN: No
  • Water Source Public: Yes
  • Window Features Double Pane Windows: Yes
  • Kitchen Features Breakfast Bar2: Yes
  • Window Features Drapes: Yes
  • Appliances Dryer: Yes
  • Appliances Washer: Yes
  • Flooring Ceramic Tile: Yes
  • Flooring Wood: Yes
  • Security Features Smoke Detector(s): Yes
  • View Mountain(s): Yes
  • Appliances Microwave: Yes
  • Association Fee Includes Snow Removal2: Yes
  • Foundation Details Full Perimeter: Yes
  • Water Heater Gas5: Yes
  • Laundry Features Laundry Area: Yes
  • Living Room Features Great Room3: Yes
  • Kitchen Features Built-In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Fireplace Features Gas Log: Yes
  • Heating Fireplace(s): Yes
  • Laundry Features Shelves: Yes
  • Dining Room Features Great Room4: Yes
  • View Valley: Yes
  • View TreesWoods: Yes
  • Association Amenities Maintenance Structure: Yes
  • Personal Property Included Furnishings: Yes
  • Unit Level Top Floor: Yes
  • Family Room Features Great Room5: Yes
  • AssociationCommunity Association Fee Frequency3: Monthly
  • Association Details Management Company Name5: Tahoe Village/Olympic Ct HOAs
  • Foundation Details PillarPostPier: Yes
  • Appliances Electric Range: Yes
  • Kitchen Features Built-In Single Oven: Yes
  • Appliances Included As Personal Property Electric Cooktop2: Yes
  • Appliances Electric Oven: Yes
  • Kitchen Features Electric Cooktop3: Yes
  • Appliances Included As Personal Property Oven2: Yes
  • Association Amenities Shuttle Service: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Range, Microwave, Oven, Refrigerator, Washer
  • Flooring: Carpet, Ceramic Tile, Wood
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Interior Amenities: Breakfast Bar
  • Living Area: 1034.0
  • Window Features: Double Pane Windows, Drapes
  • Interior Living Area4: 1034.0
  • Interior Fireplace YN: Yes
  • Interior Features Breakfast Bar: Yes
  • Appliances Dishwasher: Yes
  • Primary Bedroom Features Shower Stall: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Pitched, Shingle
  • Stories: 2
  • View: Mountain(s), Trees/Woods, Valley
  • Construction Type: Wood Siding
  • Foundation Details: Full Perimeter, Pillar/Post/Pier

Garage/Parking

  • Parking Features: None
  • Parking Information Garage YN: No
  • Parking Information Carport YN: No

Utilities

  • Utilities: Cable Available, Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Cellular Coverage
  • Water Source: Public
  • Laundry Features: Laundry Area, Shelves
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Appliances Disposal: Yes

Schools

  • Middle Or Junior School: Whittell High School - Grades 7 + 8

Lot Info

  • Parcel Number: 131930529004
  • Fencing: None
  • Zoning: PUD

Tax Info

  • Tax Annual Amount: 998.0

MLS Schools

  • Elementary School: Zephyr Cove
  • HighSchool: Whittell - Grades 9-12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2020
Sold by
Elias Yousefi
Bought by
Yousefi Elias and Yousefi Christy Marie
Current Estimated Value
$606,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 29, 2018
Closed on
Apr 30, 2019
Sold by
Yousefi Christy M
Bought by
Yousefi Elias
Seller's Agent
Todd Disbrow
Engel & Volkers Lake Tahoe
Buyer's Agent
Todd Disbrow
Engel & Volkers Lake Tahoe
List Price
$458,000
Sold Price
$458,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.95%
Original Mortgage
$412,200
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2015
Sold by
Mewmark Erik and Mewmark Cadena
Bought by
Newmark Family Trust

Purchase Details

Listed on
Jul 14, 2014
Closed on
Oct 3, 2014
Sold by
Page Andrew C and Williams Erin E
Bought by
Newmark Erik and Newmark Cadena
Seller's Agent
Chris & Brooke Hernandez
Compass
Buyer's Agent
Todd Disbrow
Engel & Volkers Lake Tahoe
List Price
$399,000
Sold Price
$385,000
Premium/Discount to List
-$14,000
-3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.49%

Purchase Details

Closed on
Apr 26, 2011
Sold by
Page Andrew C and Williams Erin E
Bought by
Page Andrew C and Williams Erin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,750
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2011
Sold by
Cotter Tim M and Cotter Linda Marie
Bought by
Page Andrew C and Williams Erin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,750
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2009
Sold by
Cotter Tim M
Bought by
Cotter Tim M and Cotter Linda Marie

Purchase Details

Closed on
Jun 27, 2006
Sold by
Cotter Tim M and Cotter Susan L
Bought by
Cotter Tim M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.57%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Indecomm Global Services
Interfamily Deed Transfer -- Western Title Company
Bargain Sale Deed $458,000 Western Title Company
Interfamily Deed Transfer -- None Available
Bargain Sale Deed $385,000 Ticor Title Reno Main
Bargain Sale Deed $20,500 None Available
Bargain Sale Deed $217,000 Stewart Title Carson
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $406,000 New Conventional
Previous Owner $412,200 New Conventional
Previous Owner $162,750 New Conventional
Previous Owner $360,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2019 05/02/19 Sold $458,000 0.0% $443 / Sq Ft
04/29/2019 04/29/19 Off Market $458,000 -- --
03/21/2019 03/21/19 Pending -- -- --
03/19/2019 03/19/19 For Sale $458,000 0.0% $443 / Sq Ft
11/26/2018 11/26/18 Off Market $458,000 -- --
11/16/2018 11/16/18 For Sale $458,000 0.0% $443 / Sq Ft
11/07/2018 11/07/18 Pending -- -- --
10/29/2018 10/29/18 For Sale $458,000 +19.0% $443 / Sq Ft
10/07/2014 10/07/14 Sold $385,000 -3.5% $372 / Sq Ft
09/05/2014 09/05/14 Pending -- -- --
07/14/2014 07/14/14 For Sale $399,000 -- $386 / Sq Ft
Source: Northern Nevada Regional MLS

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 $1,197 $71,034 $59,500 $11,534
2024 $1,179 $71,146 $59,500 $11,646
2023 $1,179 $69,971 $59,500 $10,471
2022 $1,127 $64,676 $54,250 $10,426
2021 $1,092 $59,297 $49,000 $10,297
2020 $1,061 $59,490 $49,000 $10,490
2019 $1,029 $54,858 $44,275 $10,583
2018 $998 $50,814 $40,250 $10,564
2017 $959 $51,005 $40,250 $10,755
2016 $934 $49,946 $38,500 $11,446
2015 $933 $49,946 $38,500 $11,446
2014 $903 $45,861 $35,000 $10,861
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 180016292

Northern Nevada Regional MLS

APN: 1319-30-529-004