NOT LISTED FOR SALE

2554 Olive Dr Unit 161 Palmdale, CA 93550

East Palmdale Neighborhood

Estimated Value: $244,000 - $277,000

2 Beds
2 Baths
853 Sq Ft
$300/ mo HOA Fee

Last Sold October 01, 2024

Last sale price $270,000 $317 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,895/month

81 Days on Market

Highlights

  • 24-Hour Security
  • Gated Community
  • Traditional Architecture
  • In Ground Pool
  • 4.85 Acre Lot
  • Wood Flooring

About This Home

As of October 2024

BACK ON MARKET Subject to Cancellation of previous Escrow. Only One in this Highly Desire Monte Vista Community. Great starter home or INVESTMENT Property. The 2-bedroom 2 full bathroom unit is located on ground level. The home has a spacious living & dining room w/balcony. Home has washer/dryer hook-up, Tile & wood flooring and a fresh coat of paint. Gated community comes with two swimming pools, spas and 24-hour on-site security. Centrally located near shopping, restaurants, transportation, and easy access to fwy. If you are looking for a starter home or investment property this is the one.

Last Agent to Sell the Property

Rosalyn Bradford

Century 21 Masters License #01319148 Listed on: 08/30/2024

Last Buyer's Agent

Efren Hernandez

License #01222621

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1988

Lot Details

  • 4.85

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Tile Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 853 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Area

Kitchen

  • Gas Oven
  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Gas Dryer Hookup

Parking

  • Detached Carport Space
  • Guest Parking

Pool

  • In Ground Spa
  • Gunite Spa

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Sewer in Street
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 3053-053-440

Community Details

Overview

  • 200 Units
  • Maintained Community

Recreation

  • Community Pool
  • Community Spa
  • Park

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1988

Lot Details

4.85 Acres

HOA Fees

$300 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Traditional
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: Monte Vista
  • Entry Floor: 1
  • Living Area: 853
  • Lot Acreage: 4.8537
  • Planned Urban Dev: 0
  • Year Built: 1988
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Hardwood, Tile
  • Appliances: Oven-Gas, Range Hood
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Over Tub
  • Three Quarter Bathrooms: 0
  • Eating Areas: Dining Area
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Gas Dryer Hookup, Range/Oven, Hood Fan
  • Price Per S Q F T: 322.39

Exterior Features

  • Construction: Stucco, Wood Siding
  • Other Features: Balcony
  • Foundation Details: Slab
  • Patio: Balcony
  • Pool Description: Association Pool, Gunite, In Ground
  • Pool: Yes
  • Roof: Tile
  • Spa: Association Spa, Community, Gunite, In Ground
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Parking Garage: Carport, Carport Detached

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Gas
  • Cooling: Air Conditioning, Central
  • Heating: Natural Gas
  • Security: 24 Hour
  • Sewer: In Street
  • Water: In Street

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Guest Parking, Pool, Spa, Greenbelt/Park, Gated Community, Security
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 300.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 3053-053-440
  • Lot Size Area: 211425

Multi Family

  • Number Of Units: 200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2024
Closed on
Oct 2, 2024
Sold by
Tufenkdjian Tamar
Bought by
Sage Print Inc
Seller's Agent
Rosalyn Bradford
Century 21 Masters
Buyer's Agent
Efren Hernandez
List Price
$275,000
Sold Price
$270,000
Premium/Discount to List
-$5,000
-1.82%
Views
62
Current Estimated Value
$267,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,765
Avg. Annual Appreciation
-0.70%

Purchase Details

Closed on
Jul 19, 2024
Sold by
Bunting Tyrone V
Bought by
Bunting Cherice

Purchase Details

Listed on
Jun 2, 2017
Closed on
Jun 14, 2017
Sold by
Massey Robert and Massey Cherie
Bought by
Johnson Cherice
Seller's Agent
Darlene Lipe
Blue Sky Real Estate
Buyer's Agent
Rosalyn Bradford
Century 21 Masters
List Price
$120,000
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.66%
Original Mortgage
$92,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2013
Sold by
Massey Edward A and Massey Davina Kohanzadeh
Bought by
Massey Edward A and Massey Davina Kohanzadeh

Purchase Details

Closed on
Jun 11, 2012
Sold by
Massey Edward
Bought by
Massey Edward and Massey Davina

Purchase Details

Closed on
Mar 27, 2012
Sold by
Massey Robert and Massey Cherie
Bought by
Massey Robert and Massey Cherie

Purchase Details

Closed on
Feb 23, 2012
Sold by
Ross Joseph
Bought by
Robert Massey and Massey Revocabl Cherie S

Purchase Details

Closed on
Mar 28, 2005
Sold by
Ross Gracie
Bought by
Ross Joseph

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
7.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 21, 1999
Sold by
Hud
Bought by
Ross Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,900
Interest Rate
7.76%

Purchase Details

Closed on
Feb 13, 1996
Sold by
Merrimack Mtg Company
Bought by
Hud

Purchase Details

Closed on
Dec 12, 1995
Sold by
Vories Gretchen L and Marquez Tessa E
Bought by
Merrimack Mtg Company

Purchase Details

Closed on
Jul 14, 1994
Sold by
Vories Gretchen L and Marquez Tessa E
Bought by
Cruz Juan and Cruz Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700
Interest Rate
8.51%
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

Date Buyer Sale Price Title Company
Sage Print Inc -- None Listed On Document
Bunting Cherice -- Fidelity National Title
Johnson Cherice $120,000 First American Title
Massey Edward A -- None Available
Massey Edward -- Commerce Title
Massey Robert -- Commerce Title
Robert Massey $40,000 None Available
Ross Joseph -- First American Title Company
Ross Joseph $42,000 Stewart Title
Hud -- American Title Ins Co
Merrimack Mtg Company $62,104 American Title Ins Co
Cruz Juan -- World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Cherice $92,000
Previous Owner Ross Joseph $100,000
Previous Owner Ross Joseph $39,900
Previous Owner Cruz Juan $1,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2024 10/01/24 Sold $270,000 -1.8% $317 / Sq Ft
09/20/2024 09/20/24 Pending -- -- --
08/30/2024 08/30/24 For Sale $275,000 0.0% $322 / Sq Ft
07/15/2024 07/15/24 Pending -- -- --
07/01/2024 07/01/24 For Sale $275,000 +129.2% $322 / Sq Ft
07/13/2017 07/13/17 Sold $120,000 0.0% $141 / Sq Ft View Prior Sale
06/07/2017 06/07/17 Pending -- -- --
06/02/2017 06/02/17 For Sale $120,000 -- $141 / Sq Ft
Source: The MLS

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 $2,450 $276,000 $55,200 $220,800
2024 $2,450 $133,856 $26,769 $107,087
2023 $2,433 $131,233 $26,245 $104,988
2022 $2,345 $128,661 $25,731 $102,930
2021 $2,296 $126,139 $25,227 $100,912
2019 $2,233 $122,400 $24,480 $97,920
2018 $2,203 $120,000 $24,000 $96,000
2016 $1,295 $48,487 $7,426 $41,061
2015 $1,280 $47,760 $7,315 $40,445
2014 $1,270 $46,825 $7,172 $39,653
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2024

    Rosalyn Bradford

    Century 21 Masters

    (661) 816-0343

    4 in this area

    18 Total Sales

    Rosalyn Bradford
    Section Image

  • E

    Buyer's Agent in 2024

    Efren Hernandez

  • Darlene Lipe

    Seller's Agent in 2017

    Darlene Lipe

    Blue Sky Real Estate

    (661) 949-8766

    7 in this area

    37 Total Sales

    Darlene Lipe
    Section Image
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Map

Source: The MLS

MLS Number: 24-405801

The MLS

APN: 3053-053-440

California Los Angeles County Palmdale 93550 East Palmdale

2554 Olive Dr Unit 161, Palmdale, CA

Not Listed for Sale

Condos

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