NOT LISTED FOR SALE

1083 Olive Ave Beaumont, CA 92223

Estimated Value: $424,000 - $481,000

3 Beds
2 Baths
1,257 Sq Ft
$366/Sq Ft Est. Value

Last Sold January 26, 2012

Last sale price $131,056 $104 Per Sq Ft

Est. 251% increase in value since last sale

Current estimated payment $2,587/month

12 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Neighborhood Views
  • Central Heating and Cooling System
  • No HOA
  • 2 Car Attached Garage

About This Home

As of January 2012

HUD Home. This is a 3 bedroom 2 bath home located on a 6,098 square foot lot. There is a fireplace in the living room and indoor laundry for your convenience. The backyard has plenty of room for your enjoyment. Make an offer and make it yours. Buyer and buyer's agent to verify all information.
Disclosures: Special Assessments of $52.14 per year. State law requires Carbon Monoxide detectors be installed for properties having combustible fuel heaters/furnaces, fireplaces, hot water heaters, clothes dryers, cooking appliances, or an attached garage, but seller (HUD) is exempt from this requirement as a Federal Entity, Recommend to install CO2, Recommend to install garage door handle.

Last Agent to Sell the Property

Nathaniel Genis

The Nat Genis Team, INC. License #01429533 Listed on: 12/07/2011

Last Buyer's Agent

Chris Campbell

RE/MAX ADVANTAGE License #01487581

RE/MAX ADVANTAGE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • 6,098

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,257 Sq Ft Home
  • Living Room with Fireplace
  • Neighborhood Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Full Bathrooms

Additional Features

  • 6,098 Sq Ft Lot
  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 23570
  • Assessor Parcel Number 414181025

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 414181025
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1257.00
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 104.26
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • 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: 1
  • Tax Tract Number: 23570

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2011
Closed on
Jan 19, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Sanchez Mary
Seller's Agent
Nathaniel Genis
The Nat Genis Team, INC.
Buyer's Agent
Chris Campbell
RE/MAX ADVANTAGE
List Price
$130,000
Sold Price
$131,056
Premium/Discount to List
$1,056
0.81%
Current Estimated Value
$460,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329,337
Avg. Annual Appreciation
9.40%
Original Mortgage
$91,056
Outstanding Balance
$62,126
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$398,267

Purchase Details

Closed on
Sep 27, 2011
Sold by
Phh Mortgage Corp
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Sep 22, 2011
Sold by
Martinez Janet L
Bought by
Phh Mortgage Corporation

Purchase Details

Closed on
Sep 16, 2008
Sold by
Us Bank Na
Bought by
Martinez Janet L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,657
Interest Rate
5.9%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 7, 2008
Sold by
Onofre Carlos and Onofre Maria D
Bought by
U S Bank Na and Holders Of The Home Equity Asset Trust 2

Purchase Details

Closed on
Aug 2, 2005
Sold by
Barrick Nicholas Ira Lee and Mesa Shelly Ann
Bought by
Onofre Carlos and Onofre Maria D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,200
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 2004
Sold by
J A Russo Enterprises Inc
Bought by
Barrick Nicholes Ira Lee and Mesa Shelly Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,812
Interest Rate
6.29%
Mortgage Type
FHA

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
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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
Sanchez Mary $131,500 Servicelink
Secretary Of Housing & Urban Development -- Lsi Title Company
Phh Mortgage Corporation $186,453 Accommodation
Martinez Janet L $187,000 Lsi Title Agency
U S Bank Na $199,849 Lsi Title Company Ca
Onofre Carlos $314,000 Fidelity National Title
Barrick Nicholes Ira Lee $200,000 Fntic
J A Russo Enterprises Inc $184,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Mary $91,056
Previous Owner Martinez Janet L $183,657
Previous Owner Onofre Carlos $251,200
Previous Owner Barrick Nicholes Ira Lee $199,812
Previous Owner J A Russo Enterprises Inc $195,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2012 01/26/12 Sold $131,056 +0.8% $104 / Sq Ft
12/19/2011 12/19/11 Pending -- -- --
12/07/2011 12/07/11 For Sale $130,000 -- $103 / 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 $2,157 $164,596 $31,392 $133,204
2023 $2,157 $158,207 $30,174 $128,033
2022 $2,124 $155,106 $29,583 $125,523
2021 $2,084 $152,065 $29,003 $123,062
2020 $2,062 $150,507 $28,706 $121,801
2019 $2,030 $147,557 $28,144 $119,413
2018 $2,021 $144,665 $27,594 $117,071
2017 $1,989 $141,829 $27,053 $114,776
2016 $1,937 $139,049 $26,523 $112,526
2015 $1,905 $136,963 $26,126 $110,837
2014 $1,906 $134,282 $25,615 $108,667
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: T11159672

California Regional Multiple Listing Service (CRMLS)

APN: 414-181-025