NOT LISTED FOR SALE

2506 Olive Ave La Crescenta, CA 91214

Estimated Value: $1,394,000 - $1,669,000

3 Beds
2.5 Baths
2,288 Sq Ft
$672/Sq Ft Est. Value

Sale Details

Date Sold: January 22, 2021

Last sale price $949,888 $415 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $9,304 / mo

50 Days on Market

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Carpet
  • Monte Vista Elementary School Rated A

About This Home

As of January 2021

Situated in a much sought-after La Crescenta School district,Diamond in Rough!Incredible opportunity to own this property on a very private street and home located on great cul-de-sac street in a highly desirable area. This 3 bed and 2 1/2 bath property is perfect for any First Time Buyer. This home is in need of some cosmetic updating. Located in a highly coveted public school district. Investor/Contractor opportunity!It offers 3 bedrooms and 2 1/2 baths,The house needs TLC but with the right vision it can easily be remodeled into a charming home,The garage is detached and it is a prime candidate for an ADU. The property is sold in as-is condition. The Seller will not make any repairs. No termite work. Bring your value, add clients and a tool belt.

Last Agent to Sell the Property

Edik Minassian

Classic Realty Exchange License #01060150 Listed on: 10/28/2020

Last Buyer's Agent

PFNon-Member Default

NON MEMBER

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • 7,681 Sq Ft Lot
  • Property is zoned LCR17500*

Parking

  • 2 Car Attached Garage

Home Design

  • Fixer Upper

Interior Spaces

  • 2,288 Sq Ft Home
  • Family Room with Fireplace
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Community Details

  • No Home Owners Association
  • Not Applicable 105 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5867014065

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

7,681 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Not Applicable-635
  • View: No
  • Zoning: LCR17500*
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5867014065
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2288.00
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 415.16

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Size Sq Ft: 7681.00
  • Lot Size Acres: 0.1763

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7681.0000 Square Feet

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

Closed on
Mar 29, 2023
Current Estimated Value
$1,538,592

Purchase Details

Listed on
Oct 28, 2020
Closed on
Jan 8, 2021
Seller's Agent
Edik Minassian
Classic Realty Exchange
Buyer's Agent
PFNon-Member Default
NON MEMBER
List Price
$949,888
Sold Price
$949,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.41%
Original Mortgage
$822,375
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 1995
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
-- None Listed On Document
-- None Listed On Document
$950,000 Chicago Title
-- --
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 $822,375
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
01/22/2021 01/22/21 Sold $949,888 0.0% $415 / Sq Ft
12/18/2020 12/18/20 Pending -- -- --
10/28/2020 10/28/20 For Sale $949,888 -- $415 / 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 $12,113 $1,028,186 $649,458 $378,728
2024 $11,641 $1,008,026 $636,724 $371,302
2023 $11,284 $988,262 $624,240 $364,022
2022 $10,896 $968,885 $612,000 $356,885
2021 $8,287 $727,445 $540,494 $186,951
2020 $8,168 $719,987 $534,952 $185,035
2019 $7,972 $705,870 $524,463 $181,407
2018 $7,818 $692,030 $514,180 $177,850
2016 $7,452 $665,160 $494,215 $170,945
2015 $7,293 $655,170 $486,792 $168,378
2014 $7,232 $642,337 $477,257 $165,080
Source: Public Records

Agents Affiliated with this Home

  • Edik Minassian

    Seller's Agent in 2021

    Edik Minassian

    Classic Realty Exchange

    (818) 409-1717

    30 Total Sales

    Edik Minassian
    Section Image

  • P

    Buyer's Agent in 2021

    PFNon-Member Default

    NON MEMBER

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 320003670

California Regional Multiple Listing Service (CRMLS)

APN: 5867-014-065

California Los Angeles County La Crescenta 91214

2506 Olive Ave, La Crescenta, CA

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California Regional Multiple Listing Service (CRMLS) 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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