Peter and Marnie Damianakes purchase 5095 Canyon Crest Drive, San Ramon, appraised at $1.98 million

The home at 5095 Canyon Crest Drive, San Ramon was sold on April 22 by Dwight Chew and Nancy Gieske for $1.98 million.

The buyers were Peter and Marnie Damianakes.

The property tax paid for this property in 2023 was $8,101. This is 0.4% of the sale price of the home.

This property is one of 40 sales in San Ramon (Contra Costa County) from March 22 to April 22.

This story was found on BlockShopper.com.

The U.S. housing market has surged in recent years, with its total value approaching $50 trillion in 2024—nearly five times its value in 2000.

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.