$4,600,000
SOLD AUG 10, 2012

656 Olympic Dr Tahoe City, CA 96145

4 Beds
5 Baths
3,250 Sq Ft
0.3 Acres

Recently Sold

$1,415 Per Sq Ft

8% Below List Price

88 Days on Market

Highlights

  • Community Beach Access
  • Lake Front
  • Boat Lift
  • Tahoe Lake Elementary School Rated A-
  • Pier
  • Two Primary Bedrooms

About This Home

As of October 2016

2012 Complete Remodel & addition 2nd level. Now 4 separate suites, plus rec/ family rm w/fireplace. Private pier w/lift & 2 buoys. Level fenced yard. Close to Tahoe City yet quiet/private. Right on water. Beautifully landscaped. Covered hot tub. Top quality appliances, 6-burner Thermador range. Silver quartzite countertops, white oak flooring. Gorgeous marble bathrooms (master bath has heated floors & towel bars, junior suite bath below has heated floors). Sub has HOA pier, beach/picnic area

Last Agent to Sell the Property

Mark Moore

Mountain Luxury Properties Tah License #00690425 Listed on: 04/09/2012

Last Buyer's Agent

Mark Moore

Mountain Luxury Properties Tah License #00690425 Listed on: 04/09/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $59,823

Year Built

  • Built in 2012 | Remodeled

Lot Details

  • Lot Dimensions are 85x165
  • Lake Front
  • Level Lot

HOA Fees

  • $29 Monthly HOA Fees

Home Design

  • Mountain Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,250 Sq Ft Home
  • 2-Story Property
  • Furniture Can Be Negotiated
  • Multiple Fireplaces
  • Family Room
  • Living Room with Fireplace
  • Panoramic Views
  • Alarm System

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Double Master Bedroom
  • 5 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Insulated Garage
  • Garage Door Opener

Outdoor Features

  • Pier
  • Boat Lift
  • Deck

Utilities

  • Heating System Uses Natural Gas
  • Utility District

Community Details

Overview

  • Tahoe City Community

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$59,823

Year Built

Built in 2012 | Remodeled

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Age: Brand New
  • Alarm YN: Y
  • Estimated Lot Size: .26 - .5
  • Community: Tahoe City
  • Directions: West Lake Blvd to Olympic Drive.
  • Optional Financing: Cash To New Loan
  • Service Type: Full Service
  • Setting: Lakefront
  • Sub-Area: 4EA
  • Sub-Status: Standard
  • Topography: Level
  • Year Built: 2012
  • Zoning: R-1
  • Cross Street: West Lake Blvd
  • Other: Pantry, High Ceilings, Landscaping, Hot Tub
  • Sewer: Utility District
  • Estimated Sq Ft: PLANS
  • Architecture: Mountain
  • Out Buildings: No
  • Property Condition: Extensive Remodel, Like New
  • Sign YN: Y
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Handicap Friendly: Few Steps
  • Heating: Natural Gas, CFAH
  • Estimated Sq Ft: 3250
  • Stories: Two
  • Water Company: TCPUD
  • Gas: Natural
  • Water: Utility District
  • Appliances: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer, Other
  • Bonus Rooms: Family Room, 2 Or More Master Bedrooms
  • Fireplace: Living Room, Family Room, Master Bedroom, 2 or +, Gas Fireplace, Stone
  • Furnished: Negotiable
  • Bathrooms: 5
  • Bedrooms: 4
  • Floor Coverings: Carpet, Tile, Wood

Exterior Features

  • View: Lake, Panoramic-Lake, Panoramic
  • Construction Exterior: Framed
  • Waterfront Amenities: Buoy Permitted, Boat Lift, Pier, Pier/Permitted
  • Foundation: Perim Concrete
  • Roof: Composition
  • Decks: 1
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: Two
  • Garage/Parking: Attached, Insulated, Gar Door Opener

Condo/Co-op/Association

  • HOA Amenities: Beach Access
  • HOA Fees: 350
  • HOA Fee Frequency: annual
  • HOA Membership: Y

Lot Info

  • Lot Number: 60
  • Lot Dimensions: 85x165

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2024
Sold by
Phamily Guy Trust and Pham Michael C
Bought by
Hale Hua Living Trust and Tucker
Current Estimated Value
$7,831,550

Purchase Details

Closed on
Jun 28, 2024
Sold by
Pham Michael C
Bought by
Phamily Guy Trust and Pham

Purchase Details

Listed on
Jul 10, 2016
Closed on
Sep 28, 2016
Sold by
Ledbetter Richard Kent and Ledbetter Julie Rae
Bought by
Urszula Pham Michael C and Urszula Tuszewicka
Seller's Agent
Mark Moore
Mountain Luxury Properties Tah
Buyer's Agent
Mark Digiacomo
Carr Long Real Estate
List Price
$5,250,000
Sold Price
$4,900,000
Premium/Discount to List
-$350,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.64%

Purchase Details

Listed on
Apr 9, 2012
Closed on
Aug 3, 2012
Sold by
Kitchen Jonathan S and Hatvany Nina
Bought by
Ledbetter Richard Kent and Ledbetter Julie Rae
Seller's Agent
Mark Moore
Mountain Luxury Properties Tah
Buyer's Agent
Mark Moore
Mountain Luxury Properties Tah
List Price
$4,995,000
Sold Price
$4,600,000
Premium/Discount to List
-$395,000
-7.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.53%
Original Mortgage
$3,012,000
Interest Rate
1.8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 31, 2006
Sold by
Podell Michael H
Bought by
Kitchen Jonathan S and Hatvany Nina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,399,400
Interest Rate
4.9%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 23, 1993
Sold by
Podell Michael H
Bought by
Podell Michael H
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
Grant Deed $11,850,000 Fidelity National Title
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Grant Deed $4,900,000 Fidelity National Title Co
Grant Deed $4,600,000 Fidelity National Title Comp
Grant Deed $3,949,000 Fidelity Natl Title Co Of Ca
Grant Deed -- --
Grant Deed -- --
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,012,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,000,000 Credit Line Revolving
Previous Owner $500,000 Credit Line Revolving
Previous Owner $2,399,400 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2016 10/06/16 Sold $4,900,000 -6.7% $1,488 / Sq Ft
09/21/2016 09/21/16 Pending -- -- --
07/10/2016 07/10/16 For Sale $5,250,000 +14.1% $1,594 / Sq Ft
08/10/2012 08/10/12 Sold $4,600,000 -7.9% $1,415 / Sq Ft
07/06/2012 07/06/12 Pending -- -- --
04/09/2012 04/09/12 For Sale $4,995,000 -- $1,537 / 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 $59,823 $11,800,000 $8,000,000 $3,800,000
2023 $59,823 $5,466,040 $3,458,107 $2,007,933
2022 $58,755 $5,358,863 $3,390,301 $1,968,562
2021 $56,464 $5,253,788 $3,323,825 $1,929,963
2020 $56,571 $5,199,918 $3,289,744 $1,910,174
2019 $57,194 $5,097,960 $3,225,240 $1,872,720
2018 $55,415 $4,998,000 $3,162,000 $1,836,000
2017 $54,377 $4,900,000 $3,100,000 $1,800,000
2016 $50,145 $4,473,013 $2,756,625 $1,716,388
2015 $49,144 $4,405,825 $2,715,218 $1,690,607
2014 $47,701 $4,319,522 $2,662,031 $1,657,491
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20120695

Tahoe Sierra Board of REALTORS®

APN: 094-263-003