NOT LISTED FOR SALE

228 S Olive Ave Unit A307 Alhambra, CA 91801

Estimated Value: $618,417 - $732,000

2 Beds
2 Baths
950 Sq Ft
$265/ mo HOA Fee

Last Sold March 24, 2020

Last sale price $580,000 $611 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,461/month

4 Days on Market

Highlights

  • No Units Above
  • Primary Bedroom Suite
  • Open Floorplan
  • William Northrup Elementary School Rated A-
  • Pond View
  • High Ceiling

About This Home

As of March 2020

Not senior housing! This charming Condo is located in the heart of Alhambra, in one of the most sought after communities. The Condo Features 2 bedrooms and 2 bathroom. The home is located on the 3rd floor which features a high ceiling, open floor plan. Kitchen with granite countertops and soft-closing cabinets, stainless steel appliances. Living room leads to a juliet balcony that oversees the gorgeous view of the courtyard garden with pond. Best View in the complex! An interior in-unit laundry room equipped with stackable washer and dryer for your convenience. Wood pattern tiles throughout, and carpets in the bedrooms. Master suites includes its own walk-in closets and bathroom, also has a great view of the courtyard. The unit is also upgraded with Shutters throughout. The community is well maintained by owner managed HOA. WALKING distance to Alhambra Main St, Costco, Target, Albertson, Ranch 99, Alhambra City hall & Library and much much more!

Last Agent to Sell the Property

Bao Han

Urban Realty Group License #01932060 Listed on: 02/20/2020

Last Buyer's Agent

May Kunka

Compass License #01782069

Compass

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2009

Lot Details

  • No Units Above
  • Two or More Common Walls
  • Block Wall Fence

HOA Fees

  • $265 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available

Property Views

  • Pond
  • Mountain
  • Courtyard

Home Design

  • Tile Roof

Interior Spaces

  • 950 Sq Ft Home
  • Open Floorplan
  • Wired For Sound
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Living Room Balcony
  • Intercom

Kitchen

  • Double Oven
  • Gas Range
  • Range Hood
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 66879
  • Assessor Parcel Number 5343024080

Community Details

Overview

  • Master Insurance
  • 63 Units
  • Zen Terrace HOA
  • Maintained Community

Amenities

  • Community Storage Space

Security

  • Security Service
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Year Built

Built in 2009

Lot Details

1.59 Acres

HOA Fees

$265 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: ALRPD*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5343024080
  • Year Built: 2009
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 950.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Granite Counters, High Ceilings, Intercom, Living Room Balcony, Open Floorplan, Recessed Lighting, Wired for Sound
  • Common Walls: 2+ Common Walls, No One Above
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 610.53
  • Room Type: Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Granite Counters

Exterior Features

  • View: Courtyard, Mountain(s), Pond, Water
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Gas Range, Gas Water Heater, Range Hood, Refrigerator, Tankless Water Heater
  • Heating Type: Central
  • Laundry Features: Individual Room, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Storage, Insurance, Maintenance Grounds, Trash, Sewer, Management, Security
  • Association Fee: 265.00
  • Association Fee Frequency: Monthly
  • Association Name: Zen Terrace HOA
  • Phone: 0000000000
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Suburban
  • Association Management: Zen Terrace HOA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 69332.00
  • Lot Size Acres: 1.5916

Multi Family

  • Lease Considered: No
  • Lot Size Area: 69332.0000 Square Feet
  • Number Of Units In Community: 63
  • Number Of Units Total: 63

Tax Info

  • Tax Census Tract: 4809.01
  • Tax Lot: 1
  • Tax Tract Number: 66879

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2020
Closed on
Feb 27, 2020
Sold by
Wei Di and Han Bao
Bought by
Tam Siu Kau and Tam Yvonne
Seller's Agent
Bao Han
Urban Realty Group
Buyer's Agent
May Kunka
Compass
List Price
$549,000
Sold Price
$580,000
Premium/Discount to List
$31,000
5.65%
Current Estimated Value
$678,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,354
Avg. Annual Appreciation
2.65%

Purchase Details

Closed on
Sep 14, 2010
Sold by
Wei Di and Han Bao
Bought by
Wei Di and Han Bao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2009
Sold by
Sys Development Llc
Bought by
Wei Di and Han Bao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,000
Interest Rate
4.99%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
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Purchase History

Date Buyer Sale Price Title Company
Tam Siu Kau $580,000 Lawyer Title
Wei Di -- Chicago Title Company
Wei Di $365,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wei Di $270,000
Previous Owner Wei Di $271,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2020 03/24/20 Sold $580,000 +5.6% $611 / Sq Ft
02/24/2020 02/24/20 Pending -- -- --
02/20/2020 02/20/20 For Sale $549,000 -- $578 / 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 $7,536 $634,311 $396,335 $237,976
2024 $7,536 $621,874 $388,564 $233,310
2023 $7,443 $609,682 $380,946 $228,736
2022 $7,155 $597,728 $373,477 $224,251
2021 $7,082 $586,008 $366,154 $219,854
2020 $5,327 $430,797 $302,149 $128,648
2019 $5,166 $422,351 $296,225 $126,126
2018 $5,204 $414,070 $290,417 $123,653
2016 $4,783 $397,993 $279,141 $118,852
2015 $4,710 $392,016 $274,949 $117,067
2014 $4,650 $384,338 $269,564 $114,774
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR20034724

California Regional Multiple Listing Service (CRMLS)

APN: 5343-024-080

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