M
Seller's Agent in 2024
Mehdi Nouraei
Linour Group
(949) 683-0310
1 in this area
13 Total Sales
201 N Olive Ave Rialto, CA 92376
Estimated Value: $410,000 - $554,194
4
Beds
1.5
Baths
1,718
Sq Ft
$284/Sq Ft
Est. Value
Highlights
- Multi-Level Bedroom
- Corner Lot
- Balcony
- Deck
- No HOA
- Bathtub
About This Home
As of April 2024This fixer-upper residence presents an enticing opportunity for savvy investors seeking to capitalize on potential value and prime location.
Upon entry, you'll find a living area primed for renovation, offering the ideal canvas for transformation into a cozy and inviting space. The kitchen, with its sturdy structure and ample potential, awaits customization to maximize rental income or resale value.
Featuring four bedrooms, including a master bedroom with a charming deck, this property offers versatile living arrangements to attract a variety of tenants or buyers. The outdoor space provides room for expansion or enhancement, offering additional value-add opportunities.
The two-car garage offers flexibility for conversion into an accessory dwelling unit (ADU) or additional living space, maximizing rental income potential. With its proximity to Old Town Rialto, tenants or future homeowners can enjoy easy access to the area's cultural attractions, shopping, and dining options.
Sold as is, this investment property presents a rare chance to leverage your vision and expertise to generate significant returns. Don't miss out on this opportunity. Schedule a showing today and take the first step towards realizing your investment goals!
Home Details
Home Type
- Single Family
Year Built
- Built in 1894
Lot Details
- 8,000 Sq Ft Lot
- Wood Fence
- Corner Lot
- Back and Front Yard
- Property is zoned R3
Parking
- 2 Car Garage
- Parking Available
- Driveway
Home Design
- Entry on the 1st floor
- Fixer Upper
Interior Spaces
- 1,718 Sq Ft Home
- 2-Story Property
- Living Room
- Storage
- Laundry Room
- Unfinished Basement
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
- Multi-Level Bedroom
- Bathtub
Accessible Home Design
- More Than Two Accessible Exits
Outdoor Features
- Balcony
- Deck
- Patio
Utilities
- No Heating
- Phone Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 23 / 1
- Tax Tract Number 6
- Assessor Parcel Number 0130102270000
- $1,033 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 11, 2024
Closed on
Mar 18, 2024
Sold by
Chavez Christopher and Chavez Luz A
Bought by
D S C B Investments Llc
Seller's Agent
Mehdi Nouraei
Linour Group
Buyer's Agent
Mehdi Nouraei
Linour Group
List Price
$399,000
Sold Price
$400,000
Premium/Discount to List
$1,000
0.25%
Views
178
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,299
Avg. Annual Appreciation
10.83%
Original Mortgage
$340,000
Interest Rate
22.9%
Mortgage Type
Construction
Purchase Details
Closed on
Feb 28, 2018
Sold by
Chavez Christopher and Chavez Luz A
Bought by
Chavez Christopher and Chavez Luz A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.04%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 20, 2009
Sold by
Wells Fargo Bank Na
Bought by
Chavez Christopher and Sandoval Luz A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,229
Interest Rate
4.87%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 7, 2008
Sold by
Cordova Hector F and Cordova Veronica
Bought by
Wells Fargo Bank Na
Purchase Details
Closed on
May 31, 2001
Sold by
Azami Nahid
Bought by
Cordova Hector F and Cordova Veronica
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,757
Interest Rate
7.14%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 8, 2000
Sold by
Associates Financial Svcs Co Of Ca Inc
Bought by
Azami Nahid
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,158
Interest Rate
8.15%
Purchase Details
Closed on
May 10, 2000
Sold by
Dolatabadi Ali
Bought by
Azami Nahid
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,158
Interest Rate
8.15%
Purchase Details
Closed on
Jan 26, 2000
Sold by
Carter Shenethia
Bought by
Associates Financial Svcs Co Of Ca Inc
Purchase Details
Closed on
Aug 31, 1999
Sold by
Carter Shenethia
Bought by
Davis Richard Leroy and Brown Lematt V
Purchase Details
Closed on
Jan 18, 1999
Sold by
Prestar Financial Corp
Bought by
Carter Shenethia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,014
Interest Rate
6.79%
Purchase Details
Closed on
Jun 24, 1998
Sold by
Castro Frank H
Bought by
Prestar Financial Corp
Purchase Details
Closed on
Aug 27, 1997
Sold by
Castro Catherine
Bought by
Castro Frank H
Purchase Details
Closed on
Mar 31, 1997
Sold by
Hud
Bought by
Castro Frank H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
7.45%
Purchase Details
Closed on
Dec 16, 1996
Sold by
Norwest Mtg Inc
Bought by
Hud
Purchase Details
Closed on
Oct 31, 1996
Sold by
Smith Elden
Bought by
Norwest Mtg Inc
Purchase Details
Closed on
Sep 16, 1993
Sold by
Smith Rebecca A
Bought by
Smith Elden
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,769
Interest Rate
7.38%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 10, 1993
Sold by
Great Western Bank
Bought by
Smith Elden
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,769
Interest Rate
7.38%
Mortgage Type
FHA
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| D S C B Investments Llc | $400,000 | Usa National Title Company | |
| Chavez Christopher | -- | First American Title Company | |
| Chavez Christopher | $128,000 | Lsi Title Company | |
| Wells Fargo Bank Na | $143,650 | None Available | |
| Cordova Hector F | $110,500 | Chicago Title Co | |
| Azami Nahid | $77,000 | First American Title Ins Co | |
| Azami Nahid | -- | First American Title Ins Co | |
| Associates Financial Svcs Co Of Ca Inc | $68,900 | Lawyers Title Company | |
| Davis Richard Leroy | -- | -- | |
| Carter Shenethia | $111,000 | Commonwealth Land Title Co | |
| Prestar Financial Corp | -- | -- | |
| Castro Frank H | -- | Orange Coast Title | |
| Castro Frank H | $54,000 | Orange Coast Title | |
| Hud | -- | First Southwestern Title Co | |
| Norwest Mtg Inc | $93,813 | First Southwestern Title Co | |
| Smith Elden | -- | Chicago Title Company | |
| Smith Elden | $84,500 | Chicago Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | D S C B Investments Llc | $340,000 | |
| Previous Owner | Chavez Christopher | $220,000 | |
| Previous Owner | Chavez Christopher | $125,229 | |
| Previous Owner | Cordova Hector F | $108,757 | |
| Previous Owner | Azami Nahid | $9,158 | |
| Previous Owner | Carter Shenethia | $114,014 | |
| Previous Owner | Castro Frank H | $56,000 | |
| Previous Owner | Smith Elden | $84,769 | |
| Closed | Azami Nahid | $68,257 | |
| Closed | Cordova Hector F | $6,630 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/18/2024 04/18/24 | Sold | $400,000 | +0.3% | $233 / Sq Ft |
| 03/18/2024 03/18/24 | Pending | -- | -- | -- |
| 03/11/2024 03/11/24 | For Sale | $399,000 | -- | $232 / 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 | $5,585 | $408,000 | $102,000 | $306,000 |
| 2024 | $2,485 | $161,352 | $44,292 | $117,060 |
| 2023 | $2,614 | $158,189 | $43,424 | $114,765 |
| 2022 | $2,420 | $155,088 | $42,573 | $112,515 |
| 2021 | $2,408 | $152,047 | $41,738 | $110,309 |
| 2020 | $2,330 | $150,488 | $41,310 | $109,178 |
| 2019 | $2,285 | $147,537 | $40,500 | $107,037 |
| 2018 | $2,119 | $144,644 | $39,706 | $104,938 |
| 2017 | $1,971 | $141,807 | $38,927 | $102,880 |
| 2016 | $1,744 | $139,027 | $38,164 | $100,863 |
| 2015 | $1,750 | $136,939 | $37,591 | $99,348 |
| 2014 | $1,644 | $134,257 | $36,855 | $97,402 |
Source: Public Records
Agents Affiliated with this Home
-
Mehdi Nouraei
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC24048880
APN: 0130-102-27
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.
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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