NOT LISTED FOR SALE

489 Forest Glen Rd Olympic Valley, CA 96146

Estimated Value: $1,031,000 - $1,132,000

3 Beds
2 Baths
1,248 Sq Ft
$862/Sq Ft Est. Value

Last Sold September 01, 2020

Last sale price $748,500 $600 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $6,612/month

2 Days on Market

Highlights

  • View of Trees or Woods
  • Deck
  • Level Lot
  • Tahoe Lake Elementary School Rated A-
  • Wood Burning Stove
  • Wood Siding

About This Home

As of September 2020

This mountain cabin is located in Olympic Valley on the easily accessible Forest Glen Road. The living area is on the entry level plus one bathroom. Upstairs you will find three good size bedrooms, the second bathroom and laundry. Some upgrades have occurred over time, however this home lends itself to become a charming mountain getaway with a bit of effort. Carport for one car and plenty of off street parking.

Last Agent to Sell the Property

Larry Lawrence

Lawrence Realty License #00478247 Listed on: 07/22/2020

Co-Listed By

Chiara Gajar

Lawrence Realty License #01250248

Last Buyer's Agent

John Brian McGeever

Berkshire Hathaway HomeService License #00530520

Berkshire Hathaway HomeService

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,035

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 92x110
  • Level Lot

Parking

  • Carport

Property Views

  • Woods
  • Mountain

Home Design

  • Flat Roof Shape
  • Wood Siding

Interior Spaces

  • 1,248 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Additional Features

  • Deck
  • Utility District

Community Details

  • Squaw Valley Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,035

Lot Details

0

Listing Details

  • Age: 40+ Years
  • Estimated Lot Size: 0 - .255
  • Community: Squaw Valley
  • Directions: Squaw Valley Road; RT on Victor Dr; RT on Forest Glen Road; cabin is on the right side.
  • Number of Acres: 0.23
  • Service Type: Full Service
  • Setting: Street
  • Sub-Area: 6SV
  • Sub-Status: Standard
  • Topography: Level
  • Cross Street: Victor Dr
  • Sewer: Utility District
  • Estimated Sq Ft: ASSESSOR
  • Architecture: Old Tahoe
  • Sign YN: Y
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Estimated Sq Ft: 1248
  • Stories: Two
  • Water Company: SVPSD
  • Gas: Propane
  • Water: Utility District
  • Appliances: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer
  • Furnished: None
  • Bathrooms: 2
  • Bedrooms: 3
  • Wood Stove: Living Room

Exterior Features

  • View: Filtered, Wooded, Mountain
  • Construction Exterior: Wooded
  • Roof: Flat
  • Decks: 1
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: Carport
  • Garage/Parking: Other

Utilities

  • Laundry: Hall

Lot Info

  • Lot Number: 36
  • Lot Dimensions: 92x110

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2018
Sold by
Hofmann Virginia L
Bought by
Hofmann Virginia L
Current Estimated Value
$1,075,346

Purchase Details

Closed on
May 26, 2011
Sold by
Pereira Ruy J
Bought by
Pereira Ruy J

Purchase Details

Closed on
Dec 4, 2009
Sold by
Pereira Ruy J and Pereira Nina V
Bought by
Pereira Ruy J

Purchase Details

Closed on
Jan 26, 2007
Sold by
Hofmann Thomas Richard
Bought by
Hofmann Thomas R and Hofmann Virginia L

Purchase Details

Closed on
Jun 12, 2003
Sold by
Pereira Ruy J
Bought by
Pereira Ruy J and Pereira Nina Volk

Purchase Details

Closed on
May 26, 1994
Sold by
Pereira Ruy J
Bought by
Pereira Ruy J
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
Hofmann Virginia L -- None Available
Pereira Ruy J -- None Available
Pereira Ruy J -- None Available
Pereira Ruy J -- None Available
Hofmann Thomas R -- None Available
Pereira Ruy J -- --
Pereira Ruy J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Southgate Kathryn D $494,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2020 09/01/20 Sold $748,500 -5.8% $600 / Sq Ft
07/24/2020 07/24/20 Pending -- -- --
07/22/2020 07/22/20 For Sale $795,000 -- $637 / 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 $9,035 $810,198 $432,972 $377,226
2023 $9,035 $778,739 $416,160 $362,579
2022 $8,742 $763,470 $408,000 $355,470
2021 $8,416 $748,500 $400,000 $348,500
2020 $1,603 $104,201 $25,844 $78,357
2019 $1,614 $102,159 $25,338 $76,821
2018 $1,265 $100,157 $24,842 $75,315
2017 $1,244 $98,194 $24,355 $73,839
2016 $1,232 $96,270 $23,878 $72,392
2015 $1,210 $94,825 $23,520 $71,305
2014 $1,179 $92,969 $23,060 $69,909
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20201860

Tahoe Sierra Board of REALTORS®

APN: 096-252-005