NOT LISTED FOR SALE

2554 Olive Dr Unit 151 Palmdale, CA 93550

East Palmdale Neighborhood

Estimated Value: $251,000 - $277,000

2 Beds
2 Baths
853 Sq Ft
$275/ mo HOA Fee

Last Sold November 07, 2019

Last sale price $162,000 $190 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,893/month

11 Days on Market

Highlights

  • Gated Community
  • Community Pool
  • Tile Flooring
  • 4.85 Acre Lot
  • Slab Porch or Patio
  • 1-Story Property

About This Home

As of November 2019

Beautiful condominium in Palmdale located in the gated Monte Vista community off of Olive Drive and 25th Street East. This condo features 2 bedrooms and 2 bathrooms, washer & dryer hook-ups in the unit, a kitchen, family room, and patio. The unit was newly painted and new tiles were installed in the bathrooms. The water heater is brand new. The unit also has one carport. There is a gated community pool perfect for those hot summer days! Don't miss this great opportunity!

Last Agent to Sell the Property

Paul Zerounian Jr.

License #02012256 Listed on: 09/06/2019

Last Buyer's Agent

Unknown Member

NON-MEMBER OFFICE

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1988

Lot Details

  • 4.85

HOA Fees

  • $275 Monthly HOA Fees

Home Design

  • Concrete Foundation
  • Stucco

Interior Spaces

  • 853 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Gas Dryer Hookup

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Slab Porch or Patio

Listing and Financial Details

  • Assessor Parcel Number 3053-053-430

Community Details

Overview

  • Association fees include community pool, exterior maintenance, roof maintenance, spa, trash removal
  • Monte Vista HOA

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1988

Lot Details

4.85 Acres

HOA Fees

$275 per month

Listing Details

  • Directions To Property: Condo is located in the Monte Vista gated community off of Olive Drive and 25th street East.
  • Listing Member Name: Paul Zerounian Jr.
  • Lot Measurement: SqFt
  • Prop. Type: Residential
  • Sp Percent Lp: 0.98
  • Square Footage: 853.00
  • Tract Suffix: Drive
  • Year Built: 1988
  • Tax Legal Tract Number: TR=44050 L
  • Property Sub Type: Condominium
  • R V Access: No
  • Building Stories: 1 Story
  • Cross Street: Paved
  • Audio Video Surveillance: No
  • HOATerms: Monthly
  • House Sale Contingency: None
  • Building Style: Spanish
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Bathrooms: 2.00
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave
  • Basement Full Bathrooms: 2
  • Fireplace: None
  • Flooring: Laminate, Tile
  • Laundry: Gas Hook-up

Exterior Features

  • Exterior Construction: Stucco
  • Exterior Features: Family Room, Gated Community, Pets Allowed
  • Patio: Slab
  • Pool: Community
  • Spa: Community
  • Foundation: Concrete Slab

Garage/Parking

  • Garage Spaces: Carport

Utilities

  • Sewer: Sewer Connected
  • Hot Water: Public Utility
  • Utilities: Natural Gas

Condo/Co-op/Association

  • HOA: Yes
  • H O A Includes: Community Pool, Exterior Maintenance, Roof Maintenance, Spa, Trash Removal
  • Senior Housing Type: Condo (Apt Style)
  • HOA Fees: 275.00
  • HOA Name: Monte Vista

Lot Info

  • Lot Acres: 4.85
  • Zoning: Residential
  • Horse Property: No

Green Features

  • Solar: None

Tax Info

  • Assessor Parcel Number: 3053-053-430

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2019
Closed on
Oct 14, 2019
Sold by
Zerounian Paul and Zerounian Houry
Bought by
Leffler Neal
Seller's Agent
Paul Zerounian Jr.
Buyer's Agent
Unknown Member
NON-MEMBER OFFICE
List Price
$165,000
Sold Price
$162,000
Premium/Discount to List
-$3,000
-1.82%
Current Estimated Value
$264,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,066
Avg. Annual Appreciation
7.99%
Original Mortgage
$157,140
Outstanding Balance
$137,379
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$126,687

Purchase Details

Listed on
Oct 22, 2015
Closed on
Feb 16, 2016
Sold by
Morales Billy J
Bought by
Zerounian Paul and Zerounian Houry
Seller's Agent
Herbert Tejada
Herbert A. Tejada, Broker
Buyer's Agent
Maria Zerounian
List Price
$103,000
Sold Price
$95,000
Premium/Discount to List
-$8,000
-7.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.61%

Purchase Details

Closed on
Feb 8, 2011
Sold by
Federal National Mortgage Association
Bought by
Morales Billy J

Purchase Details

Closed on
Sep 10, 2010
Sold by
Arce Enrique
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 10, 2006
Sold by
Sands Trevor
Bought by
Arce Enrique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,600
Interest Rate
6.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2005
Sold by
Yaney Ralph Dickson and Yaney Lucile Sharp
Bought by
Sands Trevor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
10.35%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 13, 2003
Sold by
Yaney Ralph Dickson and Yaney Lucile Sharp
Bought by
Yaney Ralph Dickson and Yaney Lucile Sharp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 26, 1999
Sold by
Yaney Ralph D and Yaney Lucile S
Bought by
Yaney Ralph Dickson and Yaney Lucile Sharp

Purchase Details

Closed on
Sep 21, 1998
Sold by
Yaney Ralph Dickson and Yaney Lucile Sharp
Bought by
Yaney Ralph Dickson and Yaney Lucile Sharp

Purchase Details

Closed on
May 18, 1998
Sold by
Hud
Bought by
Yaney Ralph D and Yaney Lucile S

Purchase Details

Closed on
Dec 23, 1997
Sold by
Principal Residential Mtg Inc
Bought by
Hud

Purchase Details

Closed on
Dec 9, 1997
Sold by
Vasquez Alejandro B and Principal Residential Mtg Inc
Bought by
Principal Residential Mtg Inc
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

Date Buyer Sale Price Title Company
Leffler Neal $162,000 First American Title Company
Zerounian Paul $95,000 Fatcola
Morales Billy J $54,000 Lawyers Title
Federal National Mortgage Association $181,865 Landsafe Title
Arce Enrique $212,000 Chicago Title Co
Sands Trevor $175,000 Fidelity National Title
Yaney Ralph Dickson -- Chicago Title Co
Yaney Ralph Dickson -- --
Yaney Ralph Dickson -- --
Yaney Ralph D $32,000 First American Title Co
Hud -- Stewart Title
Principal Residential Mtg Inc $83,903 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leffler Neal $157,140
Previous Owner Arce Enrique $169,600
Previous Owner Sands Trevor $140,000
Previous Owner Yaney Ralph Dickson $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/07/2019 11/07/19 Sold $162,000 -1.8% $190 / Sq Ft
09/17/2019 09/17/19 Pending -- -- --
09/06/2019 09/06/19 For Sale $165,000 +73.7% $193 / Sq Ft
03/04/2016 03/04/16 Sold $95,000 -7.8% $111 / Sq Ft View Prior Sale
02/11/2016 02/11/16 Pending -- -- --
10/22/2015 10/22/15 For Sale $103,000 -- $121 / Sq Ft
Source: Greater Antelope Valley Association of REALTORS®

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 $2,927 $177,165 $35,431 $141,734
2024 $2,927 $173,692 $34,737 $138,955
2023 $2,906 $170,287 $34,056 $136,231
2022 $2,797 $166,949 $33,389 $133,560
2021 $2,744 $163,677 $32,735 $130,942
2020 $2,695 $162,000 $32,400 $129,600
2019 $1,978 $100,813 $20,162 $80,651
2018 $1,952 $98,837 $19,767 $79,070
2016 $1,415 $58,440 $11,687 $46,753
2015 $1,400 $57,563 $11,512 $46,051
2014 $1,390 $56,436 $11,287 $45,149
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2019

    Paul Zerounian Jr.

  • U

    Buyer's Agent in 2019

    Unknown Member

    NON-MEMBER OFFICE

  • Herbert Tejada

    Seller's Agent in 2016

    Herbert Tejada

    Herbert A. Tejada, Broker

    (818) 802-5434

    4 in this area

    9 Total Sales

    Herbert Tejada
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Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 19009928

Greater Antelope Valley Association of REALTORS®

APN: 3053-053-430

California Los Angeles County Palmdale 93550 East Palmdale

2554 Olive Dr Unit 151, Palmdale, CA

Not Listed for Sale

Condos

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