NOT LISTED FOR SALE

1488 E Olive St Ontario, CA 91764

Estimated Value: $680,000 - $849,000

3 Beds
2 Baths
1,350 Sq Ft
$543/Sq Ft Est. Value

Last Sold September 28, 2023

Last sale price $665,000 $493 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,454/month

59 Days on Market

Highlights

  • Main Floor Bedroom
  • 2 Car Attached Garage
  • Living Room
  • No HOA
  • Bathtub
  • Laundry Room

About This Home

As of September 2023

Welcome to 1488 E. Olive Street, a meticulously upgraded home in North Ontario, CA. This home has been lovingly restored, blending modern style with utmost comfort.
The exterior radiates curb appeal, refreshed with a vibrant coat of paint. The interior follows suit with a welcoming ambiance, set by new fixtures, doors, outlets, switches, and flooring in both common areas and bedrooms.

The newly redesigned kitchen is a culinary enthusiast's dream, boasting sleek countertops, top-of-the-line appliances, and chic can lights. Similarly, the bathroom offers an oasis of relaxation, enhanced by new fixtures, reglazed tub/shower, and tiled floors.

New windows invite an abundance of natural light throughout the home, further emphasizing the exquisite renovation.

The revitalized front spaces provide an ideal setting for outdoor enjoyment. It's been meticulously groomed, with added mulch, new plants, trimmed trees, and a new sprinkler system to ensure a lush and vibrant lawn year-round.

Nestled in a prime location, this home offers easy access to an array of local amenities that will enhance your lifestyle. Shop till you drop at the nearby Ontario Mills Mall, a bustling shopping center offering a diverse range of retailers, boutiques, and eateries. Get your grocery needs covered at the local Ontario Gateway Center, just a short drive away.

Outdoor enthusiasts will love the proximity to Bass Pro Shops and a perfect spot for fishing and picnics at Guasti Regional Park. Families will appreciate the close proximity to excellent schools, parks and amenities. Additionally, commuting is a breeze with easy access to major freeways and the Ontario International Airport.

This wonderful residence on E. Olive Street is more than just a house; it's a lifestyle offering. Experience the convenience of city life while enjoying the charm of a beautifully renovated home. Don't miss out on this exceptional opportunity.

Last Agent to Sell the Property

Larry Ulsh

eXp Realty of California Inc. License #02102878 Listed on: 06/13/2023

eXp Realty of California Inc.

Last Buyer's Agent

Sergio Vasquez

Nira Realty & Services License #02071495

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • 7,320 Sq Ft Lot
  • Front Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,350 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Gas Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Features

  • Exterior Lighting
  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 4508
  • Assessor Parcel Number 0108362030000
  • $332 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 0108362030000
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1350.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 492.59
  • Room Type: All Bedrooms Down, Living Room, Main Floor Bedroom, Main Floor Master Bedroom
  • Bathroom Features: Bathtub, Shower

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Appliances: Gas Range
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 7320.00
  • Lot Size Acres: 0.1680
  • Latitude Manual: 34.09001000

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 7320.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 42.02
  • Tax Lot: 2
  • Tax Tract Number: 4508
  • TaxOtherAnnualAssessmentAmount: 332.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2023
Closed on
Aug 17, 2023
Sold by
Catamount Properties 2018 Llc
Bought by
Valenzuela Norma
Seller's Agent
Larry Ulsh
eXp Realty of California Inc.
Buyer's Agent
Sergio Vasquez
Nira Realty & Services
List Price
$679,900
Sold Price
$665,000
Premium/Discount to List
-$14,900
-2.19%
Views
715
Current Estimated Value
$733,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,627
Avg. Annual Appreciation
4.42%
Original Mortgage
$547,960
Outstanding Balance
$536,110
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$197,517

Purchase Details

Listed on
Mar 27, 2023
Closed on
Apr 4, 2023
Sold by
Chen Yidan
Bought by
Catamount Properties 2018 Llc
Seller's Agent
Linjiao Lu
Pacific Sterling Realty
Buyer's Agent
Shannon ELLIOTT
Wedgewood Homes Realty
List Price
$535,000
Sold Price
$550,000
Premium/Discount to List
$15,000
2.8%
Views
715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.52%

Purchase Details

Listed on
Jul 2, 2018
Closed on
Jul 18, 2018
Sold by
Riddle Deana Marie
Bought by
Chen Yidan
Seller's Agent
Katherine Santifer
KATHERINE SANTIFER REALTY
Buyer's Agent
Alison Chen
Wetrust Realty
List Price
$400,000
Sold Price
$395,000
Premium/Discount to List
-$5,000
-1.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.44%
Original Mortgage
$296,250
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 17, 2003
Sold by
Austin Edward D and Austin Norma J
Bought by
Austin Edward D and Edward D Austin Trust

Purchase Details

Closed on
Dec 28, 1998
Sold by
Austin Edward D and Austin Norma J
Bought by
Austin Edward D and Austin Norma J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,500
Interest Rate
6.82%
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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Purchase History

Date Buyer Sale Price Title Company
Valenzuela Norma $665,000 Fidelity National Title
Valenzuela Norma -- Fidelity National Title
Catamount Properties 2018 Llc $550,000 Fidelity National Title
Chen Yidan -- Fidelity National Title Compan
Chen Yidan $395,000 Orange Coast Title Company
Austin Edward D -- --
Austin Edward D -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valenzuela Norma $547,960
Previous Owner Chen Yidan $296,250
Previous Owner Austin Edward D $84,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/28/2023 09/28/23 Sold $665,000 -0.7% $493 / Sq Ft
08/11/2023 08/11/23 Pending -- -- --
08/04/2023 08/04/23 Price Changed $669,900 -1.5% $496 / Sq Ft
06/13/2023 06/13/23 For Sale $679,900 0.0% $504 / Sq Ft
10/23/2018 10/23/18 Rented $1,895 0.0% --
10/22/2018 10/22/18 Off Market $1,895 -- --
10/10/2018 10/10/18 For Rent $1,895 0.0% --
08/27/2018 08/27/18 Sold $395,000 -1.3% $293 / Sq Ft View Prior Sale
07/17/2018 07/17/18 Pending -- -- --
07/02/2018 07/02/18 For Sale $400,000 -- $296 / 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 $7,418 $678,300 $237,405 $440,895
2024 $7,418 $665,000 $232,750 $432,250
2023 $4,742 $423,521 $148,233 $275,288
2022 $4,543 $415,216 $145,326 $269,890
2021 $4,515 $407,074 $142,476 $264,598
2020 $4,436 $402,900 $141,015 $261,885
2019 $4,398 $395,000 $138,250 $256,750
2018 $1,367 $120,727 $27,863 $92,864
2017 $1,318 $118,360 $27,317 $91,043
2016 $1,267 $116,039 $26,781 $89,258
2015 $1,258 $114,296 $26,379 $87,917
2014 $1,219 $112,057 $25,862 $86,195
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG23103796

California Regional Multiple Listing Service (CRMLS)

APN: 0108-362-03