NOT LISTED FOR SALE

15235 Olive St Baldwin Park, CA 91706

Estimated Value: $1,122,666 - $1,243,000

3 Beds
3 Baths
2,000 Sq Ft
$584/Sq Ft Est. Value

Last Sold October 24, 2017

Last sale price $675,000 $338 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $6,964/month

39 Days on Market

Highlights

  • 20,045 Sq Ft lot
  • No HOA
  • Laundry Room

About This Home

As of October 2017

Do not miss this Investor's opportunity to own units in North Baldwin Park, with a huge lot of almost half an acre. Live in one rent the other two. The front house has two bedrooms one bath with a separate studio to the side. The back house includes a basement. Each home has their own address with two separate driveways. Beautifully manicured back yard with plenty of room to built more units. Near 210 and 605 freeways. Close to plenty shopping and restaurants.

Last Agent to Sell the Property

Tina Chien

Coldwell Banker Realty License #00858805 Listed on: 07/14/2017

Coldwell Banker Realty

Co-Listed By

Alma Aguilar

Coldwell Banker Realty License #01439695

Last Buyer's Agent

Anthony Rodriguez

KW Spectrum Properties License #02037320

KW Spectrum Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,089

Year Built

  • Built in 1932

Lot Details

  • 0.46 Acre Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 6 Parking Spaces

Home Design

  • 2,000 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Listing and Financial Details

  • Tax Lot 81
  • Tax Tract Number 7701
  • Assessor Parcel Number 8413015038

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • Insurance Expense $936
  • Trash Expense $456
  • Water Sewer Expense $1,044
  • New Taxes Expense $2,200
  • Operating Expense $4,636
  • Gross Income $31,800
  • Net Operating Income $3,912

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,089

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1044.00
  • Zoning: BPR1*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 8413015038
  • Year Built: 1932
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 337.50

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 456.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 20045.00

Multi Family

  • Average1 Bed Area: 680 Square Feet
  • Average2 Bed Area: 692 Square Feet
  • Average Studio Area: 672 Square Feet
  • Gross Income: 31800.00
  • Gross Scheduled Income: 31800.00
  • Insurance Expense: 936.00
  • Net Operating Income: 3912.00
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 3912.00
  • Rent Control: No
  • Total Actual Rent: 2650.00
  • Total Expenses: 4636.00

Tax Info

  • New Taxes Expense: 2200.00
  • Tax Census Tract: 4050.02
  • Tax Lot: 81
  • Tax Tract Number: 7701

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2017
Closed on
Aug 29, 2017
Sold by
Ornelas Jose and Ornelas Caritina F
Bought by
Rios Eunice Valeria and Henao Miguel Alberto
Seller's Agent
Tina Chien
Coldwell Banker Realty
Buyer's Agent
Anthony Rodriguez
KW Spectrum Properties
List Price
$670,000
Sold Price
$675,000
Premium/Discount to List
$5,000
0.75%
Current Estimated Value
$1,167,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$492,417
Avg. Annual Appreciation
7.07%
Original Mortgage
$506,250
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 11, 2009
Sold by
Ornelas Jose and Ornelas Caritina F
Bought by
Ornelas Jose and Ornelas Caritina F

Purchase Details

Closed on
Oct 15, 2004
Sold by
Ornelas Jose
Bought by
Ornelas Jose and Ornelas Cantina F

Purchase Details

Closed on
Nov 3, 2003
Sold by
Ornelas Caritina F
Bought by
Ornelas Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Rios Eunice Valeria $675,000 Ticor Title Co Of California
Ornelas Jose -- None Available
Ornelas Jose -- --
Ornelas Jose -- Itc Sb
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rios Eunice Valeria $506,250
Previous Owner Ornelas Jose $142,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2017 10/24/17 Sold $675,000 +0.7% $338 / Sq Ft
08/22/2017 08/22/17 Pending -- -- --
07/14/2017 07/14/17 For Sale $670,000 -- $335 / 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 $10,089 $768,029 $460,818 $307,211
2024 $10,089 $752,971 $451,783 $301,188
2023 $9,989 $738,208 $442,925 $295,283
2022 $10,179 $723,735 $434,241 $289,494
2021 $10,026 $709,545 $425,727 $283,818
2020 $10,006 $702,270 $421,362 $280,908
2019 $9,419 $688,500 $413,100 $275,400
2018 $8,872 $675,000 $405,000 $270,000
2016 $2,727 $150,585 $44,245 $106,340
2015 $2,773 $148,324 $43,581 $104,743
2014 $2,763 $145,420 $42,728 $102,692
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR17163169

California Regional Multiple Listing Service (CRMLS)

APN: 8413-015-038