NOT LISTED FOR SALE

1616 S Olive Ave Alhambra, CA 91803

Estimated Value: $909,413 - $982,000

3 Beds
2 Baths
1,088 Sq Ft
$868/Sq Ft Est. Value

Sale Details

Date Sold: August 23, 2016

Last sale price $538,800 $495 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $5,777 / mo

37 Days on Market

Highlights

  • No HOA
  • Marguerita Elementary School Rated A-
  • Floor Furnace

About This Home

As of August 2016

excellent location! Very nice Spanish home . The home divided into 2 living area. This is must see property. Concrete block wall offer privacy with long driveway. New electrical meter.

Last Agent to Sell the Property

Chung Tam

J J RELIANCE INC. License #01021590 Listed on: 05/16/2017

Last Buyer's Agent

Sam Ho

Maxxon Realty Group License #01328769

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1927

Lot Details

  • 6,778 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned ALRPD*

Parking

  • 2 Car Garage

Interior Spaces

  • 1,088 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Floor Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 182
  • Tax Tract Number 6129
  • Assessor Parcel Number 5356016033

Home Details

Home Type

Single Family

Year Built

Built in 1927

Lot Details

6,778 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: ALRPD*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5356016033
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1088.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 586.40
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Floor Furnace
  • Sewer: Public Sewer
  • 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: 6778.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4809.03
  • Tax Lot: 182
  • Tax Tract Number: 6129

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2017
Closed on
Jul 12, 2017
Sold by
Ho Jenny
Bought by
Lei Zhi Jun and Lei Su Ling
Seller's Agent
Chung Tam
J J RELIANCE INC.
Buyer's Agent
Sam Ho
Maxxon Realty Group
List Price
$650,000
Sold Price
$638,000
Premium/Discount to List
-$12,000
-1.85%
Current Estimated Value
$944,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,103
Avg. Annual Appreciation
4.56%
Original Mortgage
$400,000
Outstanding Balance
$332,515
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$611,588

Purchase Details

Closed on
Jun 23, 2016
Sold by
Varela Carla
Bought by
Ho Jenny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,100
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2013
Sold by
Ruiz Javier Fernando and Ruiz Javier
Bought by
Varela Carla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,500
Interest Rate
3.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2012
Sold by
Arguello Steven E
Bought by
Varela Carla

Purchase Details

Closed on
Jul 22, 2011
Sold by
Varela Carla and Hilda Mcclue Revocable Trust
Bought by
Varela Carla and Arguello Steven E

Purchase Details

Closed on
Sep 26, 1995
Sold by
Mcclue Hilda
Bought by
Mcclue Hilda and Hilda Mcclue Revocable Trust
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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Purchase History

Date Buyer Sale Price Title Company
Lei Zhi Jun $638,000 Title 365
Ho Jenny $539,000 Ticor Title
Varela Carla -- Stewart Title Irvine
Varela Carla -- None Available
Varela Carla -- None Available
Mcclue Hilda -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lei Zhi Jun $400,000
Previous Owner Ho Jenny $404,100
Previous Owner Varela Carla $207,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/22/2017 06/22/17 Pending -- -- --
05/22/2017 05/22/17 Price Changed $628,000 -3.4% $577 / Sq Ft
05/16/2017 05/16/17 For Sale $650,000 +20.6% $597 / Sq Ft
08/23/2016 08/23/16 Sold $538,800 -8.4% $495 / Sq Ft View Prior Sale
06/25/2016 06/25/16 Pending -- -- --
06/04/2016 06/04/16 Price Changed $588,000 -3.4% $540 / Sq Ft
05/10/2016 05/10/16 For Sale $608,800 -- $560 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,846 $725,930 $580,746 $145,184
2024 $8,846 $711,697 $569,359 $142,338
2023 $8,731 $697,744 $558,196 $139,548
2022 $8,308 $684,063 $547,251 $136,812
2021 $8,225 $670,651 $536,521 $134,130
2019 $7,936 $650,760 $520,608 $130,152
2018 $7,900 $638,000 $510,400 $127,600
2016 $3,308 $260,051 $181,332 $78,719
2015 $3,259 $256,146 $178,609 $77,537
2014 $3,224 $251,130 $175,111 $76,019
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Chung Tam

    J J RELIANCE INC.

    Section Image

  • S

    Buyer's Agent in 2017

    Sam Ho

    Maxxon Realty Group

    (213) 219-8187

    15 Total Sales

    Sam Ho
    Section Image
  • Adolfo Paz

    Seller's Agent in 2016

    Adolfo Paz

    KELLER WILLIAMS REALTY COLLEGE PARK

    (626) 786-5158

    26 Total Sales

    Adolfo Paz
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS17108928

California Regional Multiple Listing Service (CRMLS)

APN: 5356-016-033

California Los Angeles County Alhambra 91803

1616 S Olive Ave, Alhambra, CA

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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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