NOT LISTED FOR SALE

1625 S Olive Ave Alhambra, CA 91803

Shorb Track Neighborhood

Estimated Value: $1,102,000 - $1,384,000

5 Beds
3 Baths
2,169 Sq Ft
$583/Sq Ft Est. Value

Last Sold July 19, 2016

Last sale price $689,000 $318 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $7,608/month

1 Day on Market

Highlights

  • Private Yard
  • No HOA
  • 1-Story Property
  • Alhambra High School Rated A

About This Home

As of July 2016

This home is located at 1625 S Olive Ave, Alhambra, CA 91803 since 05 June 2016 and is currently estimated at $1,264,394, approximately $582 per square foot. This property was built in 1928. 1625 S Olive Ave is a home located in Los Angeles County with nearby schools including Marguerita Elementary School, Alhambra High School, and All Souls World Language Catholic School.

Last Agent to Sell the Property

Letty Cuevas

GRANADA KNOLL REALTY License #00778734 Listed on: 06/05/2016

Co-Listed By

CHRISTIAN GODOY

GRANADA KNOLL REALTY License #01899933

Last Buyer's Agent

Letty Cuevas

GRANADA KNOLL REALTY License #00778734 Listed on: 06/05/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,160

Year Built

  • Built in 1928

Lot Details

  • 7,539 Sq Ft Lot
  • No Common Walls
  • Private Yard

Parking

  • 1 Car Garage
  • 1 Carport Space

Interior Spaces

  • 2,169 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tax Lot 104
  • Tax Tract Number 6129
  • Assessor Parcel Number 5356016021

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $1,200
  • Water Sewer Expense $1,800
  • New Taxes Expense $8,612
  • Gross Income $1,500
  • Net Operating Income $16,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,160

Year Built

Built in 1928

Lot Details

0

Parking

1

Listing Details

  • Other Phone Number: 6262027093
  • Property Attached: No
  • Water Sewer Expenses: 1800.00
  • Property Type: Residential Income
  • Parcel Number: 5356016021
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 317.66

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 7539.00
  • Price Per Lot Square Foot: 91.39

Multi Family

  • Gross Income: 1500.00
  • Gross Scheduled Income: 18000.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 16200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 1800.00
  • Other Income Description: owner occupied in the back
  • Rent Control: No

Tax Info

  • New Taxes Expense: 8612.00
  • Tax Lot: 104
  • Tax Tract Number: 6129

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2017
Sold by
Carmichael Richard Craig and Tran Cam Thi
Bought by
Carmichael Richard Craig and Tran Cam Thi
Current Estimated Value
$1,264,394

Purchase Details

Listed on
Jun 5, 2016
Closed on
Jun 14, 2016
Sold by
Survivor Martha M Hernandez and The Alexander P Hernandez & Ma
Bought by
Carmichael Richard Craig and Tran Cam Thi
Seller's Agent
Letty Cuevas
GRANADA KNOLL REALTY
Buyer's Agent
Letty Cuevas
GRANADA KNOLL REALTY
List Price
$689,000
Sold Price
$689,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.70%
Original Mortgage
$478,800
Outstanding Balance
$384,231
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$865,027

Purchase Details

Closed on
Jul 17, 2003
Sold by
Hernandez Alexander Pena and Hernandez Martha M
Bought by
Hernandez Alexander P and Hernandez Martha M
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
Carmichael Richard Craig -- None Available
Carmichael Richard Craig $684,000 Wfg National Title Of Ca
Hernandez Alexander P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carmichael Richard Craig $478,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2016 07/19/16 Sold $689,000 0.0% $318 / Sq Ft
06/06/2016 06/06/16 Pending -- -- --
06/05/2016 06/05/16 For Sale $689,000 -- $318 / 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 $11,160 $906,554 $522,260 $384,294
2024 $11,160 $888,779 $512,020 $376,759
2023 $9,730 $763,010 $501,981 $261,029
2022 $9,267 $748,050 $492,139 $255,911
2021 $9,168 $733,384 $482,490 $250,894
2020 $9,120 $725,865 $477,543 $248,322
2019 $8,849 $711,633 $468,180 $243,453
2018 $8,815 $697,680 $459,000 $238,680
2017 $8,693 $684,000 $450,000 $234,000
2016 $1,630 $99,640 $33,520 $66,120
2015 $1,609 $98,144 $33,017 $65,127
2014 $1,605 $96,223 $32,371 $63,852
Source: Public Records

Agents Affiliated with this Home

  • Letty Cuevas

    Seller's Agent in 2016

    Letty Cuevas

    GRANADA KNOLL REALTY

    (626) 287-5291

    33 Total Sales

    Letty Cuevas
    Section Image

  • C

    Seller Co-Listing Agent in 2016

    CHRISTIAN GODOY

    GRANADA KNOLL REALTY

    (626) 287-5291

    57 Total Sales

    CHRISTIAN GODOY
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS16121309

California Regional Multiple Listing Service (CRMLS)

APN: 5356-016-021

California Los Angeles County Alhambra 91803 Shorb Track

1625 S Olive Ave, Alhambra, CA

This home is located at 1625 S Olive Ave, Alhambra, CA 91803 since 05 June 2016 and is currently estimated at $1,264,394, approximately $582 per square foot. This property was built in 1928. 1625 S Olive Ave is a home located in Los Angeles County with nearby schools including Marguerita Elementary School, Alhambra High School, and All Souls World Language Catholic School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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