NOT LISTED FOR SALE

384 Sierra Crest Trail Olympic Valley, CA 96146

Estimated Value: $2,442,000 - $3,715,000

4 Beds
4.5 Baths
2,904 Sq Ft
$1,136/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $3,345,000 $1,152 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $21,394/month

3 Days on Market

Highlights

  • Mountain View
  • Living Room with Fireplace
  • Furnished
  • Tahoe Lake Elementary School Rated A-
  • Mountain Architecture
  • 4 Car Attached Garage

About This Home

As of July 2022

Tucked away in the heights of Olympic Valley, this home is stunning, modern, and private. Astonishing sunsets frame Granite Peak & Tram Face from the open great room and kitchen. A perfect design allows for a large entertaining space and 4 ensuite bedrooms. Quality materials and fixtures encompass every inch of the home. The Western States trail is .2 miles up your backyard. Step off your patio onto an elite hiking/biking trail and go. Built in 2019, this rivals as the best modern home in the valley.

Last Agent to Sell the Property

Jason Waters

Tahoe Mountain Realty License #01954510 Listed on: 05/26/2022

Last Buyer's Agent

Chiara Gajar

Lawrence Realty License #01250248

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,437

Year Built

  • Built in 2019

Lot Details

  • 0.29 Acre Lot
  • Lot Sloped Up

HOA Fees

  • $294 Monthly HOA Fees

Parking

  • 4 Car Attached Garage

Home Design

  • Mountain Architecture
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,904 Sq Ft Home
  • Furnished
  • Living Room with Fireplace
  • Mountain Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4.5 Bathrooms

Utilities

  • Utility District

Community Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,437

Year Built

Built in 2019

Lot Details

0

HOA Fees

$294 per month

Listing Details

  • Age: 1-5 Years
  • Estimated Lot Size: .26 - .5
  • Community: Squaw Valley
  • Directions: Left just past Squaw Creek gatehouse, all the way to the top. House 2nd to last house on right.
  • Number of Acres: 0.29
  • Service Type: Full Service
  • Setting: Greenbelt
  • Sub-Area: 6SV
  • Sub-Status: Standard
  • Topography: Upslope
  • Year Built: 2019
  • Other: Pantry, High Ceilings, Landscaping, Hot Tub
  • Sewer: Utility District
  • Architecture: Mountain
  • Property Condition: Like New
  • Sign YN: Y
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Heating: Floor Furnance
  • Estimated Sq Ft: 2904
  • Stories: Split
  • Gas: Propane
  • Water: Utility District
  • Fireplace: Living Room
  • Furnished: Mostly
  • Bathrooms: 4.5
  • Bedrooms: 4
  • Floor Coverings: Mixed

Exterior Features

  • View: Mountain, Ski Resort
  • Construction Exterior: Masonry, Wooded, Steel, Stucco
  • Roof: Metal
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: Four +
  • Garage/Parking: Attached, Oversized

Utilities

  • Laundry: Room

Condo/Co-op/Association

  • HOA Fees: 883
  • HOA Fee Frequency: Q
  • HOA Membership: Y
  • HOA Website: www.granitepeakmanagement.com

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2022
Closed on
Jul 1, 2022
Sold by
Clarke Family Trust
Bought by
Bowers Douglas S and Bowers Sharon
Seller's Agent
Jason Waters
Tahoe Mountain Realty
Buyer's Agent
Chiara Gajar
Lawrence Realty
List Price
$3,495,000
Sold Price
$3,345,000
Premium/Discount to List
-$150,000
-4.29%
Current Estimated Value
$3,299,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,805
Avg. Annual Appreciation
-1.49%
Original Mortgage
$650,000
Outstanding Balance
$620,245
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$2,574,722

Purchase Details

Closed on
Nov 13, 2019
Sold by
Johansen Paul K
Bought by
Clarke Sara and Clarke Jason C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,740,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2018
Sold by
Johansen Leif A
Bought by
Johansen Paul K

Purchase Details

Closed on
Sep 27, 2017
Sold by
Kahn Philippe R and Kahn Sonia Lee
Bought by
Johansen Paul K

Purchase Details

Closed on
May 24, 2005
Sold by
Kahn Philippe R and Kahn Sonia Lee
Bought by
Kahn Philippe R and Kahn Sonia Lee

Purchase Details

Closed on
Nov 21, 1998
Sold by
Bakhtiari Karl E
Bought by
Kahn Philippe R and Kahn Sonia Lee
Source: Public Records

Range of Values:

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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
Bowers Douglas S $3,345,000 New Title Company Name
Clarke Sara $2,175,000 Fidelity Natl Ttl Co Of Ca
Johansen Paul K -- None Available
Johansen Paul K $3,300,000 Fidelity National Title Co
Kahn Philippe R -- --
Kahn Philippe R $435,000 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowers Douglas S $650,000
Previous Owner Clarke Sara $1,740,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2022 07/15/22 Sold $3,345,000 -4.3% $1,152 / Sq Ft
05/29/2022 05/29/22 Pending -- -- --
05/26/2022 05/26/22 For Sale $3,495,000 -- $1,204 / 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 $36,437 $3,459,330 $1,092,420 $2,366,910
2023 $36,437 $3,325,000 $1,050,000 $2,275,000
2022 $24,723 $2,241,483 $515,283 $1,726,200
2021 $23,462 $2,197,533 $505,180 $1,692,353
2020 $23,511 $2,175,000 $500,000 $1,675,000
2019 $5,906 $517,710 $290,250 $227,460
2018 $3,165 $275,000 $275,000 $0
2017 $6,608 $587,593 $587,593 $0
2016 $6,543 $576,072 $576,072 $0
2015 $6,415 $567,419 $567,419 $0
2014 $6,230 $556,305 $556,305 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20221037

Tahoe Sierra Board of REALTORS®

APN: 096-580-008