NOT LISTED FOR SALE

201 N Olive Ave Rialto, CA 92376

Estimated Value: $443,000 - $565,000

4 Beds
1.5 Baths
1,718 Sq Ft
$307/Sq Ft Est. Value

Sale Details

Date Sold: April 18, 2024

Last sale price $400,000 $233 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,305 / mo

7 Days on Market

Highlights

  • Multi-Level Bedroom
  • Corner Lot
  • Balcony
  • Deck
  • No HOA
  • Bathtub

About This Home

As of April 2024

This 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!

Last Agent to Sell the Property

Mehdi Nouraei

Linour Group License #01872830 Listed on: 03/11/2024

Last Buyer's Agent

Mehdi Nouraei

Linour Group License #01872830 Listed on: 03/11/2024

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

Home Details

Home Type

Single Family

Year Built

Built in 1894

Lot Details

8,000 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Refrigerator
  • Property Attached: No
  • View: No
  • Zoning: R3
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 0130102270000
  • Year Built: 1894
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1718.00 Square Feet
  • Interior Amenities: Balcony, Storage, Unfurnished
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Accessibility Features: 2+ Access Exits
  • Appliances: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 232.83
  • Room Type: Basement, Kitchen, Laundry, Living Room, Multi-Level Bedroom
  • Bathroom Features: Bathtub
  • Basement: Unfinished

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Roof: Other
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Phone Available, Water Available
  • Heating: No
  • Laundry: No
  • 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: Back Yard, Corner Lot, Front Yard
  • Lot Size Sq Ft: 8000.00
  • Lot Size Acres: 0.1837

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8000.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 37.00
  • Tax Lot: 23
  • Tax Tract Number: 6-088
  • TaxOtherAnnualAssessmentAmount: 1033.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2024
Closed on
Mar 18, 2024
Sold by
Bought by
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
$526,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,845
Avg. Annual Appreciation
13.47%
Original Mortgage
$340,000
Interest Rate
22.9%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 28, 2018
Sold by
Bought by

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
Bought by

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
Bought by

Purchase Details

Closed on
May 31, 2001
Sold by
Bought by

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
Bought by

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
Bought by

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
Bought by

Purchase Details

Closed on
Aug 31, 1999
Sold by
Bought by

Purchase Details

Closed on
Jan 18, 1999
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
Aug 27, 1997
Sold by
Bought by

Purchase Details

Closed on
Mar 31, 1997
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
Oct 31, 1996
Sold by
Bought by

Purchase Details

Closed on
Sep 16, 1993
Sold by
Bought by

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
Bought by

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$400,000 Usa National Title Company
-- First American Title Company
$128,000 Lsi Title Company
$143,650 None Available
$110,500 Chicago Title Co
$77,000 First American Title Ins Co
-- First American Title Ins Co
$68,900 Lawyers Title Company
-- --
$111,000 Commonwealth Land Title Co
-- --
-- Orange Coast Title
$54,000 Orange Coast Title
-- First Southwestern Title Co
$93,813 First Southwestern Title Co
-- Chicago Title Company
$84,500 Chicago Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $340,000
Previous Owner $220,000
Previous Owner $125,229
Previous Owner $108,757
Previous Owner $9,158
Previous Owner $114,014
Previous Owner $56,000
Previous Owner $84,769
Closed $68,257
Closed $6,630
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24048880

California Regional Multiple Listing Service (CRMLS)

APN: 0130-102-27

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