NOT LISTED FOR SALE

1055 Olive Ave Beaumont, CA 92223

Estimated Value: $455,000 - $539,000

3 Beds
2 Baths
1,548 Sq Ft
$317/Sq Ft Est. Value

Last Sold February 02, 2012

Last sale price $150,000 $97 Per Sq Ft

Est. 227% increase in value since last sale

Current estimated payment $2,773/month

20 Days on Market

Highlights

  • Granite Countertops
  • Den
  • Breakfast Area or Nook
  • No HOA
  • Covered Patio or Porch
  • 2 Car Attached Garage

About This Home

As of February 2012

HUD Home - Single story home featuring a formal living/dining area, den/office, family room with fireplace, tile flooring in all common and high traffic areas, granite counters in kitchen and bathrooms, dual sinks in master bathroom, indoor laundry, and an 2-car garage. Sold As Is with no warranty expressed or implied. See agent remarks.

Last Agent to Sell the Property

Allison James Es Team

Allison James Estates & Homes License #01258312 Listed on: 10/26/2011

Allison James Estates & Homes

Co-Listed By

Cory Beeson

The Beeson Group License #01126674

Last Buyer's Agent

Sonia Orozco

RE/MAX CHAMPIONS License #01315325

RE/MAX CHAMPIONS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Stucco

Interior Spaces

  • 1,548 Sq Ft Home
  • Family Room with Fireplace
  • Living Room
  • Den
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Covered Patio or Porch
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 23570
  • Assessor Parcel Number 414181028

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 414181028
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1548.00
  • Interior Amenities: Granite Counters
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 96.90
  • Room Type: Den, Family Room, Living Room, Master Bedroom

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Covered
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Level
  • Lot Size Sq Ft: 6098.00
  • Lot Size Acres: 0.1400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6098.0000 Square Feet

Tax Info

  • Tax Lot: 4
  • Tax Tract Number: 23570

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2011
Closed on
Jan 30, 2012
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Reyes Humberto
Seller's Agent
Allison James Es Team
Allison James Estates & Homes
Buyer's Agent
Sonia Orozco
RE/MAX CHAMPIONS
List Price
$152,000
Sold Price
$150,000
Premium/Discount to List
-$2,000
-1.32%
Current Estimated Value
$491,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,120
Avg. Annual Appreciation
8.87%
Original Mortgage
$147,530
Outstanding Balance
$101,817
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$389,303

Purchase Details

Closed on
Sep 9, 2011
Sold by
First Mortgage Corporation
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Aug 26, 2011
Sold by
Karle Theodore D
Bought by
First Mortgage Corporation

Purchase Details

Closed on
Apr 27, 2009
Sold by
Secretary Of Housing & Urban Development
Bought by
Karle Theodore D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,785
Interest Rate
4.99%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 15, 2008
Sold by
Citimortgage Inc
Bought by
Hud

Purchase Details

Closed on
Sep 16, 2005
Sold by
Reyna Salvador S and Reyna Cynthia
Bought by
Reyna Salvador S and Reyna Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,250
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2004
Sold by
Salazar Noberto and Salazar Yolanda
Bought by
Reyna Salvador R and Reyna Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,650
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 26, 2003
Sold by
J A Russon Enterprises Inc
Bought by
Salazar Noberto and Salazar Yolanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,955
Interest Rate
3.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 15, 2002
Sold by
Limited Editions Sfr Inc
Bought by
J A Russo Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,700
Interest Rate
6.69%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reyes Humberto $150,000 Advantage Title Inc
Secretary Of Housing & Urban Development -- First American Title Ins Co
First Mortgage Corporation $181,845 None Available
Karle Theodore D $165,000 Lawyers Title
Hud -- None Available
Citimortgage Inc $364,760 None Available
Reyna Salvador S -- Southland Title Of San Diego
Reyna Salvador R $285,000 Ticor Title
Salazar Noberto $190,000 Fidelity National Title Co
J A Russo Enterprises Inc $184,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reyes Humberto $147,530
Previous Owner Karle Theodore D $167,785
Previous Owner Reyna Salvador S $276,250
Previous Owner Reyna Salvador R $253,650
Previous Owner Salazar Noberto $170,955
Previous Owner J A Russo Enterprises Inc $195,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2012 02/02/12 Sold $150,000 0.0% $97 / Sq Ft
11/16/2011 11/16/11 Off Market $150,000 -- --
11/15/2011 11/15/11 Pending -- -- --
10/26/2011 10/26/11 For Sale $152,000 -- $98 / 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 $2,459 $188,391 $31,393 $156,998
2023 $2,459 $181,077 $30,175 $150,902
2022 $2,422 $177,528 $29,584 $147,944
2021 $2,376 $174,048 $29,004 $145,044
2020 $2,351 $172,264 $28,707 $143,557
2019 $2,314 $168,888 $28,145 $140,743
2018 $3,092 $165,578 $27,594 $137,984
2017 $2,269 $162,332 $27,053 $135,279
2016 $2,209 $159,150 $26,523 $132,627
2015 $2,173 $156,762 $26,126 $130,636
2014 $2,174 $153,693 $25,615 $128,078
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: T11140506

California Regional Multiple Listing Service (CRMLS)

APN: 414-181-028