NOT LISTED FOR SALE

228 S Olive Ave Unit A317 Alhambra, CA 91801

Alhambra Area

Estimated Value: $557,230 - $638,000

2 Beds
2 Baths
840 Sq Ft
1.59 Acre Lot

Sale Details

Date Sold: May 20, 2016

Last sale price $388,000 $462 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,972 / mo

19 Days on Market

Highlights

  • Private Pool
  • Active Adult
  • Gated Parking
  • Home fronts a pond
  • Primary Bedroom Suite
  • Loft

About This Home

As of May 2016

This beautiful unit is located at the top floor of Zen Terrace, a peaceful yet conveniently located community in Alhambra. The unit features high ceilings with spacious and wide open views. The open kitchen layout includes marble counter tops, wood cabinets, stainless steel dish washer, stove and oven. Other features include washer/dryer hookups in-unit, pre-wired alarm system, and wall installed surround sound system. There are three elevators on premise with wheelchair friendly access throughout.

The Zen Terrace community includes great landscaping including water fountains, a fish pond, and a large private community yard. It is centrally located in Alhambra less than a mile away from Costco, Main Street, and Atlantic Time Square with a variety of shops, restaurants, and movie theaters. Downtown LA is only a 15 minute drive, and the blue-line shuttle makes frequent stops at the community.

Last Agent to Sell the Property

Janici Pan

JPAN REALTY License #01405599 Listed on: 05/09/2016

Co-Listed By

Kofen Chang

Pinnacle Real Estate Group License #01951860

Last Buyer's Agent

Connie Hsu

Coldwell Banker New Century License #01227052

Coldwell Banker New Century

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Year Built

  • Built in 2009

Lot Details

  • Home fronts a pond
  • Two or More Common Walls
  • Landscaped

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Converted Garage
  • Parking Available
  • Garage Door Opener
  • Gated Parking
  • Assigned Parking
  • Community Parking Structure

Interior Spaces

  • 840 Sq Ft Home
  • Living Room
  • Loft

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows

Pool

  • Private Pool
  • Fence Around Pool

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Air
  • High-Efficiency Water Heater

Community Details

  • Active Adult
  • 63 Units

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 4809
  • Assessor Parcel Number 5343024089

Property Details

Home Type

Condominium

Year Built

Built in 2009

Lot Details

1.59 Acres

HOA Fees

$225 per month

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5343024089
  • Year Built: 2009
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 840.00
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Price Per Square Foot: 461.90
  • Room Type: Loft, Living Room, Master Bedroom, Master Suite, Walk-In Closet

Exterior Features

  • Pool Features: Fenced
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Converted Garage, Garage Door Opener, Gated
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 225.00
  • Association Fee Frequency: Monthly
  • Senior Community: Yes
  • Community Features: Curbs, Sidewalks, Street Lights

Green Features

  • Efficiency: Appliances, Windows, Water Heater

Lot Info

  • Lot Features: Landscaped, Paved

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 63
  • Number Of Units Total: 63
  • Waterfront Features: Pond

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 4809.0

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
May 9, 2016
Closed on
Mar 25, 2016
Sold by
Hsu Henry Huachao and Ho Alice Wal Man
Bought by
Seller's Agent
Janici Pan
JPAN REALTY
Buyer's Agent
Connie Hsu
Coldwell Banker New Century
List Price
$380,000
Sold Price
$388,000
Premium/Discount to List
$8,000
2.11%
Current Estimated Value
$592,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,164
Avg. Annual Appreciation
4.50%
Original Mortgage
$250,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2010
Sold by
Chin Laura Y
Bought by
Hsu Henry Huachao and Ho Alice Wai Man

Purchase Details

Closed on
Nov 18, 2009
Sold by
Sys Development Llc
Bought by
Chin Laura Y
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
$388,000 Wfg National Title Ins Co
Hsu Henry Huachao $302,000 Advantage Title
Chin Laura Y -- North American 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
Previous Owner $250,000
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
05/20/2016 05/20/16 Sold $388,000 +2.1% $462 / Sq Ft
03/23/2016 03/23/16 Pending -- -- --
03/04/2016 03/04/16 For Sale $380,000 -- $452 / 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
2026 $5,762 $468,489 $253,322 $215,167
2025 $5,762 $459,304 $248,355 $210,949
2024 $5,598 $450,299 $243,486 $206,813
2023 $5,546 $441,470 $238,712 $202,758
2022 $5,278 $432,815 $234,032 $198,783
2021 $5,224 $424,330 $229,444 $194,886
2019 $5,039 $411,746 $222,640 $189,106
2018 $5,075 $403,674 $218,275 $185,399
2016 $3,959 $326,838 $163,094 $163,744
2015 $3,899 $321,930 $160,645 $161,285
2014 $3,851 $315,625 $157,499 $158,126
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS16046475

California Regional Multiple Listing Service (CRMLS)

APN: 5343-024-089

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