NOT LISTED FOR SALE

2505 Olive Ave La Crescenta, CA 91214

Estimated Value: $1,273,859 - $1,492,000

3 Beds
3 Baths
1,838 Sq Ft
$757/Sq Ft Est. Value

Last Sold January 06, 2017

Last sale price $810,000 $441 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $8,211/month

Highlights

  • Mountain View
  • Wood Flooring
  • Granite Countertops
  • Monte Vista Elementary School Rated A
  • Hydromassage or Jetted Bathtub
  • Eat-In Kitchen

About This Home

As of January 2017

Pirched high in the Foothills in a safe cul de sac of La Crescenta is this beautiful 3 bed 2 bath single family home. This gem is built in 2008, which is very rare to find in this town. The gourmet kitchen is constructed with granite countertops, stainless steel appliances and appealing back splash. The home has travertine and wood floors. The master suite has a jacuzzi bathtub and his and her sinks. All bedrooms have ceiling fans and recessed lights for your comfort. There also is an extra room with skylight that is great for a small child or to be used as an office or extra storage room. The home is very energy efficient with newer windows and doors w/ great insulation throughout the house. Some of the other amenities include: central A/C, laundry hookups, tankless water heater, 2 car garage and fireplace. There are fruit trees on the premises and the landscaping is very easy to maintain. Perhaps most importantly the biggest advantage of owning this home is Blue Ribbon Schools (Monte Vista, Rosemont Middle and Crescenta Valley High School) and its location high above Foothill Blvd. Come make this home yours today!

Last Agent to Sell the Property

Marvin Lee

eXp Realty of California, Inc. License #01861938 Listed on: 09/29/2016

Co-Listed By

John Kang

Intero Real Estate Services License #01818562

Last Buyer's Agent

Peter Terzian

Keller Williams R. E. Services License #01959791

Keller Williams R. E. Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,969

Year Built

  • Built in 2008 | Remodeled

Lot Details

  • 4,308 Sq Ft Lot
  • South Facing Home
  • Land Lease
  • Property is zoned LCR11L

Parking

  • 2 Car Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,838 Sq Ft Home
  • See Through Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Wood Flooring
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Makeup or Vanity Space
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Laundry in Kitchen

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5867012079

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,969

Year Built

Built in 2008 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Not Applicable - 1007242
  • View: Yes
  • Zoning: LCR11L
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5867012079
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1838.00
  • Entry Location: Ground Level - No Steps
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Area
  • Fireplace Features: Gas, Living Room, See Through
  • Levels: Two
  • Price Per Square Foot: 440.70
  • Window Features: Double Pane Windows
  • Bathroom Features: Jetted Tub, Vanity Area
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Direction Faces: South
  • View: Mountain(s)
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal
  • Heating Type: Central
  • Laundry Features: In Kitchen
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: Yes
  • Lot Size Sq Ft: 4308.00
  • Lot Size Acres: 0.1000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4308.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2018
Sold by
Wang Yiqi and Pan Liuliu
Bought by
Hernandez Gerad and Au Letty
Current Estimated Value
$1,391,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$706,500
Outstanding Balance
$623,684
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$768,281

Purchase Details

Listed on
Sep 29, 2016
Closed on
Dec 21, 2016
Sold by
Lee Gina Choi
Bought by
Wang Yiqi and Pan Liuliu
Seller's Agent
Marvin Lee
eXp Realty of California, Inc.
Buyer's Agent
Peter Terzian
Keller Williams R. E. Services
List Price
$810,000
Sold Price
$810,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.39%
Original Mortgage
$648,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2010
Sold by
Yu Kate
Bought by
Choi Gi Soon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
5.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2008
Sold by
Anderson Michael H
Bought by
Yu Kate

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2006
Sold by
Anderson Kathryn Ann
Bought by
Anderson Michael H

Purchase Details

Closed on
Mar 13, 2006
Sold by
Drewe Madelyne and Drewe Avery C
Bought by
Anderson Michael H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.55%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 5, 2005
Sold by
Drewe Lynn Carolyn
Bought by
Drewe Avery C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2002
Sold by
Drewe Madelyne
Bought by
Drewe Madelyne

Purchase Details

Closed on
Jul 28, 1998
Sold by
Dilbeck Herminia G
Bought by
Drewe Madelyne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,600
Interest Rate
6.89%

Purchase Details

Closed on
Aug 8, 1997
Sold by
Wilson June D
Bought by
Dilbeck Herminia G

Purchase Details

Closed on
May 24, 1996
Sold by
Henricksen Erle F and Henricksen Christine
Bought by
Wilson June D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,700
Interest Rate
8.3%
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Hernandez Gerad $785,000 Lawyers Title Co
Wang Yiqi $810,000 Pacific Coast Title Company
Choi Gi Soon $600,000 Stewart Title Of Ca Inc
Yu Kate $658,000 Fidelity National Title Co
Anderson Michael H -- First American Title Co
Anderson Michael H $400,000 First American Title Co
Drewe Avery C -- First American Title Co
Drewe Madelyne -- --
Drewe Madelyne $107,000 Old Republic Title Company
Dilbeck Herminia G $85,000 --
Wilson June D $72,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Gerad $706,500
Previous Owner Wang Yiqi $648,000
Previous Owner Choi Gi Soon $480,000
Previous Owner Yu Kate $417,000
Previous Owner Anderson Michael H $100,000
Previous Owner Drewe Avery C $82,000
Previous Owner Drewe Madelyne $85,600
Previous Owner Wilson June D $50,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2017 01/06/17 Sold $810,000 0.0% $441 / Sq Ft
12/29/2016 12/29/16 Pending -- -- --
09/29/2016 09/29/16 For Sale $810,000 -- $441 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $9,969 $875,679 $525,408 $350,271
2024 $9,969 $858,509 $515,106 $343,403
2023 $9,699 $841,676 $505,006 $336,670
2022 $9,290 $825,173 $495,104 $330,069
2021 $9,129 $808,995 $485,397 $323,598
2019 $8,781 $785,000 $471,000 $314,000
2018 $9,235 $826,200 $597,210 $228,990
2016 $7,299 $654,241 $392,545 $261,696
2015 $7,143 $644,415 $386,649 $257,766
2014 $7,082 $631,793 $379,076 $252,717
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-316009153

Pasadena-Foothills Association of REALTORS®

APN: 5867-012-079