NOT LISTED FOR SALE

Estimated Value: $1,093,000 - $1,286,000

3 Beds
2 Baths
1,768 Sq Ft
$653/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $800,000 $452 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $6,906/month

6 Days on Market

Highlights

  • In Ground Pool
  • Corner Lot
  • Concrete Porch or Patio
  • Mediterranean Architecture
  • No HOA
  • Recessed Lighting

About This Home

As of May 2021

After being taken down to the studs this beautiful, pool home has managed to keep its original charm and architectural details, while providing all the modern amenities of new construction. 1002 N. Olive, originally built in 1924, is a single-story home which offers tons of natural light with tall ceilings and skylights. This open floorplan includes large, open arched doorways and windows. One of the three bedrooms includes its own fireplace, walk-in closet and separate entrance. Entry room makes a perfect office, library, den or perhaps expanded master bedroom? Home orientates towards patio, pool and spa for indoor/outdoor entertaining. Laminate wood flooring throughout with tile in bathrooms. Other features to note are new plumbing, drains, electric, HVAC and roof. Located in the highly desirable neighborhood of Washington Square, it is close to Orange County High School of the Arts, Metrolink & Amtrak station, Santa Ana College and a short drive to South Coast Metro.

Last Agent to Sell the Property

Sarah Covarrubias

Seven Gables Real Estate License #00911629 Listed on: 04/30/2021

Seven Gables Real Estate

Last Buyer's Agent

Deborah Sado

Compass License #01883899

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,759

Year Built

  • Built in 1924

Lot Details

  • 6,485 Sq Ft Lot
  • Wood Fence
  • Corner Lot

Parking

  • 2 Car Garage
  • Parking Available
  • Side Facing Garage

Home Design

  • Mediterranean Architecture
  • Spanish Tile Roof
  • Rolled or Hot Mop Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 1,768 Sq Ft Home
  • Recessed Lighting
  • Living Room with Fireplace
  • Dining Room
  • Laundry Room

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Concrete Porch or Patio
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 29
  • Tax Tract Number 354
  • Assessor Parcel Number 40528315

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,759

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Washington Square
  • View: No
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 40528315
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1768.00 Square Feet
  • Interior Amenities: Copper Plumbing Full, Recessed Lighting
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 452.49
  • Room Type: All Bedrooms Down
  • Spa Features: In Ground

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Concrete
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Roof: Rolled/Hot Mop, Spanish Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Side
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Vented Exhaust Fan
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Schools

  • School District: Santa Ana Unified

Lot Info

  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 6485.00
  • Lot Size Acres: 0.1489

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6485.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 29
  • Tax Tract Number: 354

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2021
Closed on
May 7, 2021
Sold by
Ellis Christopher C
Bought by
Mccann John and Mccann Jeanna
Seller's Agent
Sarah Covarrubias
Seven Gables Real Estate
Buyer's Agent
Deborah Sado
Compass
List Price
$779,000
Sold Price
$800,000
Premium/Discount to List
$21,000
2.7%
Current Estimated Value
$1,153,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,685
Avg. Annual Appreciation
8.08%
Original Mortgage
$456,000
Outstanding Balance
$413,493
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$705,503
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
Mccann John $800,000 Pacific Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccann John $456,000
Previous Owner Ellis Gerald R $329,100
Previous Owner Ellis Gerald R $50,000
Previous Owner Ellis Gerald R $250,000
Previous Owner Ellis Gerald R $30,000
Previous Owner Ellis Gerald R $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $800,000 0.0% $452 / Sq Ft
05/06/2021 05/06/21 Pending -- -- --
05/05/2021 05/05/21 Off Market $800,000 -- --
04/30/2021 04/30/21 For Sale $779,000 -- $441 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,759 $865,945 $643,727 $222,218
2024 $9,759 $848,966 $631,105 $217,861
2023 $9,598 $832,320 $618,730 $213,590
2022 $9,506 $816,000 $606,598 $209,402
2021 $5,702 $479,055 $337,460 $141,595
2020 $3,253 $263,335 $168,733 $94,602
2019 $3,190 $258,172 $165,424 $92,748
2018 $3,071 $253,110 $162,180 $90,930
2017 $3,043 $248,148 $159,000 $89,148
2016 $2,982 $243,283 $155,883 $87,400
2015 $2,943 $239,629 $153,541 $86,088
2014 $2,890 $234,935 $150,533 $84,402
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21057992

California Regional Multiple Listing Service (CRMLS)

APN: 405-283-15