NOT LISTED FOR SALE

16992 Olive St Hesperia, CA 92345

Downtown Hesperia Neighborhood

Estimated Value: $299,000 - $377,000

2 Beds
2 Baths
1,090 Sq Ft
$304/Sq Ft Est. Value

Last Sold November 06, 2023

Last sale price $298,000 $273 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,010/month

10 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property
  • Cooling System Mounted To A Wall/Window

About This Home

As of November 2023

Over Half Acre! GREAT INVESTMENT! POTENTIAL POSITVE CASH FLOW. OR Live in one, and rent out the other! Main home is a 1 bedroom 1 bath, and detached garage was converted into a living space is currently unpermitted and is approx. 600sf of living space, with 2 bedroom 1 bath. This home has TONS of potential- in need of some TLC. RV and toys access. Home is suitable for the savvy investor who can put their tools to good use and wants to generate some passive income. Its centrally located, close to shopping centers, financial institutions and schools. and soon be be hub of the he high-speed rail track known as Brightline. (Will consider FHA 203k)

Last Agent to Sell the Property

Nadeen Zamora

REAL BROKERAGE TECHNOLOGIES License #01977696 Listed on: 09/23/2023

REAL BROKERAGE TECHNOLOGIES

Last Buyer's Agent

RENE RODRIGUEZ

THE IVRI GROUP, INC. License #02104223

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 0.55 Acre Lot
  • Density is up to 1 Unit/Acre

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,090 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Exterior Lighting
  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block B / 154
  • Tax Tract Number 46
  • Assessor Parcel Number 0410181450000
  • $340 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0.55 Acres

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 0410181450000
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1090.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 273.39
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Other
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • 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: 0-1 Unit/Acre
  • Lot Size Sq Ft: 23760.00
  • Lot Size Acres: 0.5455

Multi Family

  • Lease Considered: No
  • Lot Size Area: 23760.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 154
  • Tax Census Tract: 100.33
  • Tax Lot: B
  • Tax Tract Number: 46
  • TaxOtherAnnualAssessmentAmount: 340.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2023
Closed on
Oct 27, 2023
Sold by
Nac Properties Llc
Bought by
Flores Angelica and Flores Yolanda
Seller's Agent
Nadeen Zamora
REAL BROKERAGE TECHNOLOGIES
Buyer's Agent
RENE RODRIGUEZ
THE IVRI GROUP, INC.
List Price
$240,000
Sold Price
$298,000
Premium/Discount to List
$58,000
24.17%
Views
78
Current Estimated Value
$330,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,875
Avg. Annual Appreciation
4.53%
Original Mortgage
$283,100
Outstanding Balance
$276,832
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$54,043

Purchase Details

Closed on
Nov 17, 2021
Sold by
Equator Group Inc
Bought by
Nac Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,600
Interest Rate
3.14%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 14, 2021
Sold by
Tennyson Gary Philip
Bought by
Equator Group Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Flores Angelica $298,000 First American Title
Nac Properties Llc $260,000 First American Title
Equator Group Inc $185,000 First Amer Ttl Co Res Div
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Angelica $283,100
Previous Owner Nac Properties Llc $257,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2023 11/06/23 Sold $298,000 -2.3% $273 / Sq Ft
10/06/2023 10/06/23 Price Changed $305,000 +27.1% $280 / Sq Ft
10/03/2023 10/03/23 Pending -- -- --
09/23/2023 09/23/23 For Sale $240,000 -- $220 / 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 $3,454 $303,960 $91,800 $212,160
2024 $3,376 $298,000 $90,000 $208,000
2023 $3,029 $265,200 $71,400 $193,800
2022 $2,940 $260,000 $70,000 $190,000
2021 $1,239 $101,981 $67,988 $33,993
2020 $1,225 $100,935 $67,291 $33,644
2019 $1,200 $98,956 $65,972 $32,984
2018 $1,178 $97,015 $64,678 $32,337
2017 $1,158 $95,113 $63,410 $31,703
2016 $1,134 $93,248 $62,167 $31,081
2015 $1,120 $91,847 $61,233 $30,614
2014 $1,105 $90,048 $60,034 $30,014
Source: Public Records

Agents Affiliated with this Home

  • Nadeen Zamora

    Seller's Agent in 2023

    Nadeen Zamora

    REAL BROKERAGE TECHNOLOGIES

    (213) 663-3298

    2 in this area

    51 Total Sales

    Nadeen Zamora
    Section Image

  • R

    Buyer's Agent in 2023

    RENE RODRIGUEZ

    THE IVRI GROUP, INC.

    (855) 777-8848

    2 in this area

    42 Total Sales

    RENE RODRIGUEZ
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV23178469

California Regional Multiple Listing Service (CRMLS)

APN: 0410-181-45

California San Bernardino County Hesperia 92345 Downtown Hesperia

16992 Olive St, Hesperia, CA

Not Listed for Sale

Detached

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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.