NOT LISTED FOR SALE

1009 S Olive Ave Alhambra, CA 91803

Estimated Value: $848,000 - $913,854

3 Beds
2 Baths
1,199 Sq Ft
$738/Sq Ft Est. Value

Last Sold February 20, 2015

Last sale price $495,000 $413 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $5,334/month

16 Days on Market

Highlights

  • Wood Flooring
  • Laundry Room
  • Wall Furnace
  • William Northrup Elementary School Rated A-

About This Home

As of February 2015

Convenient location near Shopping, School and Fwy.
2 Detached units. front unit is a 2br/ 1/bath rear unit is 1br/ 1/bath each with one car garage. property Sold ''AS IS''
rear unit is in fair condition front unit needs tlc...

Last Agent to Sell the Property

Gloria Arbizo

First Team Real Estate - Cerritos License #01214298 Listed on: 01/09/2015

First Team Real Estate - Cerritos

Last Buyer's Agent

Gloria Arbizo

First Team Real Estate - Cerritos License #01214298 Listed on: 01/09/2015

First Team Real Estate - Cerritos

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,431

Year Built

  • Built in 1937

Lot Details

  • 5,670 Sq Ft Lot
  • No Common Walls
  • Block Wall Fence
  • Fence is in average condition
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,199 Sq Ft Home
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 21
  • Tax Tract Number 5350
  • Assessor Parcel Number 5350018007

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $1,650
  • Insurance Expense $650
  • Trash Expense $450
  • Water Sewer Expense $756
  • New Taxes Expense $3,813
  • Gross Income $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,431

Year Built

Built in 1937

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Water Sewer Expenses: 756.00
  • Property Type: Residential Income
  • Parcel Number: 5350018007
  • Year Built: 1937
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Wood
  • Price Per Square Foot: 412.84

Exterior Features

  • Fencing: Average Condition, Block
  • Pool Private: No
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Trash Expense: 450.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5670.00
  • Lot Size Acres: 0.1300

Multi Family

  • Electric Expense: 1650.00
  • Gross Income: 1200.00
  • Insurance Expense: 650.00
  • Lot Size Area: 5670.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • New Taxes Expense: 3813.00
  • Tax Lot: 21
  • Tax Tract Number: 5350
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2015
Closed on
Feb 14, 2015
Sold by
Ledesma Jesus C
Bought by
Ledesma Jesus C and Ledesma Jose J
Seller's Agent
Gloria Arbizo
First Team Real Estate - Cerritos
Buyer's Agent
Gloria Arbizo
First Team Real Estate - Cerritos
List Price
$495,000
Sold Price
$495,000
Current Estimated Value
$884,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$389,964
Avg. Annual Appreciation
5.77%

Purchase Details

Closed on
Dec 9, 2014
Sold by
Ledesma Jose J and Ledesma Jesus C
Bought by
Ledesma Jesus C

Purchase Details

Closed on
Jan 24, 2014
Sold by
Ledesma Jose J and Ledesma Jesus C
Bought by
Lim Tom S and Lim Cynthia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2007
Sold by
Ledesma Jose J and Ledesma Dolores
Bought by
Ledesma Jose J and Ledesma Dolores

Purchase Details

Closed on
Mar 10, 2005
Sold by
Ledesma Jose J and Ledesma Delores
Bought by
Ledesma Jose J and Ledesma Dolores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2003
Sold by
Ledesma Jesus Canez
Bought by
Ledesma Jose C and Ledesma Delores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,500
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 22, 2001
Sold by
Ledesma Jose J and Ledesma Dolores
Bought by
Ledesma Jesus Canez

Purchase Details

Closed on
Mar 6, 2001
Sold by
Desilvestri Robert G and Desilvestri Jean L
Bought by
Ledesma Jose J and Ledesma Dolores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,982
Interest Rate
7.06%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 18, 1995
Sold by
Mann Jack and Linville Ethelda M
Bought by
Desilvestri Robert G and Desilvestri Jean L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,320
Interest Rate
6.12%
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
Ledesma Jesus C -- Ticor Title
Ledesma Jesus C -- None Available
Lim Tom S $495,000 Ticor Title Company
Ledesma Jose J -- None Available
Ledesma Jose J -- Old Republic Title
Ledesma Jose C -- Fidelity National Title
Ledesma Jesus Canez -- American Title
Ledesma Jose J $215,000 United Title Company
Desilvestri Robert G $145,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lim Tom S $340,000
Previous Owner Ledesma Jose J $370,000
Previous Owner Ledesma Jose J $315,000
Previous Owner Ledesma Jose J $245,000
Previous Owner Ledesma Jose C $211,500
Previous Owner Ledesma Jose J $211,982
Previous Owner Desilvestri Robert G $116,320
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2015 02/20/15 Sold $495,000 0.0% $413 / Sq Ft
01/25/2015 01/25/15 Pending -- -- --
01/09/2015 01/09/15 For Sale $495,000 -- $413 / 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 $7,431 $594,904 $420,641 $174,263
2024 $7,431 $583,241 $412,394 $170,847
2023 $7,377 $571,806 $404,308 $167,498
2022 $7,030 $560,595 $396,381 $164,214
2021 $6,959 $549,604 $388,609 $160,995
2020 $6,923 $543,970 $384,625 $159,345
2019 $6,719 $533,305 $377,084 $156,221
2018 $6,702 $522,849 $369,691 $153,158
2016 $6,173 $502,548 $355,337 $147,211
2015 $3,851 $295,743 $118,296 $177,447
2014 $3,813 $289,951 $115,979 $173,972
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2015

    Gloria Arbizo

    First Team Real Estate - Cerritos

    (562) 461-1200

    30 Total Sales

    Gloria Arbizo
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS15006278

California Regional Multiple Listing Service (CRMLS)

APN: 5350-018-007

California Los Angeles County Alhambra 91803

1009 S Olive Ave, Alhambra, CA

This home is located at 1009 S Olive Ave, Alhambra, CA 91803 since 09 January 2015 and is currently estimated at $884,964, approximately $738 per square foot. This property was built in 1937. 1009 S Olive Ave is a home located in Los Angeles County with nearby schools including William Northrup Elementary School, Alhambra High School, and All Souls World Language Catholic School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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