$75,000
SOLD JUL 31, 2013

2554 Olive Dr Unit 171 Palmdale, CA 93550

East Palmdale Neighborhood
2 Beds
2 Baths
853 Sq Ft
$280/mo HOA Fee

Recently Sold

$88 Per Sq Ft

12% Below List Price

61 Days on Market

Highlights

  • Gated Community
  • Community Pool
  • 1-Story Property
  • 4.85 Acre Lot
  • Enclosed patio or porch
  • Family Room

About This Home

As of December 2024

Great investment opportunity, long-time renter in place for instant cash flow.

Last Agent to Sell the Property

Kevin Pratt

Keller Williams Realty A.V. License #01733037 Listed on: 04/22/2013

Last Buyer's Agent

Unknown Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,141

Year Built

  • Built in 1988

Lot Details

  • Wrought Iron Fence
  • Sprinkler System

HOA Fees

  • $280 Monthly HOA Fees

Home Design

  • Concrete Foundation
  • Wood Siding
  • Stucco

Interior Spaces

  • 853 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Dining Area
  • Laundry in unit

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • Enclosed patio or porch
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 3053-053-450

Community Details

Recreation

  • Community Pool
  • Community Spa

Additional Features

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,141

Year Built

Built in 1988

Lot Details

0

HOA Fees

$280 per month

Listing Details

  • Directions To Property: Go to Avenue S and 25th Street East and head south to first left, before overhead railroad track. Then property is on the left.
  • Income Producing: Yes
  • Listing Member Name: Kevin G Pratt
  • Listing Office Short Id: 3361
  • Lot Measurement: SqFt
  • Open House Office I D: 20150204220422704142000000
  • Prop. Type: A
  • Selling Member Short Id: g9999
  • Selling Office Short Id: 999999
  • Sp Percent Lp: 0.94
  • Square Footage: 853.00
  • Tract Suffix: Drive
  • Year Built: 1988
  • Property Sub Type: Condominium
  • R V Access: No
  • Building Stories: 1 Story
  • Cross Street: Paved
  • HOATerms: Monthly
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Bathrooms: 2.00
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range
  • Dining Room: Dining Area
  • Fireplace: None
  • Flooring: Carpet, Linoleum, Vinyl
  • Laundry: In Unit
  • Sprinklers: Automatic

Exterior Features

  • Exterior Construction: Stucco, Wood
  • Exterior Features: Family Room, Gated Community
  • Fencing: Wrought Iron
  • Lot Size: Irregular Lot
  • Patio: Enclosed
  • Pool: Community
  • Spa: Community
  • Foundation: Concrete Slab

Garage/Parking

  • Garage Spaces: None

Utilities

  • Sewer: Sewer Connected
  • Hot Water: Public Utility
  • Utilities: Cable TV

Condo/Co-op/Association

  • HOA: Yes
  • Senior Housing Type: Condo (Apt Style)
  • HOA Fees: 280.00

Lot Info

  • Lot Acres: 4.85
  • Zoning: PDRPD15U*
  • Horse Property: No

Rental Info

  • Pet Deposit: 2000

Tax Info

  • Assessor Parcel Number: 3053-053-450

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2024
Closed on
Dec 2, 2024
Sold by
Obrien Coleen D
Bought by
Asatorian Lucine
Seller's Agent
Nancy Alpough
Keller Williams Realty
Buyer's Agent
George Kpachavi
Keller Williams Realty-Studio City
List Price
$284,000
Sold Price
$280,000
Premium/Discount to List
-$4,000
-1.41%
Views
75
Current Estimated Value
$276,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,381
Avg. Annual Appreciation
-1.85%
Original Mortgage
$251,100
Outstanding Balance
$249,552
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$27,067

Purchase Details

Closed on
Feb 13, 2020
Sold by
Aguilar Fredy O and Solares Corin N
Bought by
Brien Coleen D O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,690
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 22, 2013
Closed on
Jul 24, 2013
Sold by
Johheim Helene M and The Jochheim Family Trus
Bought by
Aguilar Fredy O and Solares Corin N
Seller's Agent
Kevin Pratt
Keller Williams Realty A.V.
Buyer's Agent
Unknown Member
List Price
$85,000
Sold Price
$75,000
Premium/Discount to List
-$10,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.47%

Purchase Details

Closed on
Dec 2, 2010
Sold by
Jochheim Helene M and Jochheim Family Trust
Bought by
Jochheim Helene M and Jochheim Family Trust A

Purchase Details

Closed on
Feb 10, 1997
Sold by
Hud
Bought by
Jochheim James H and Jochheim Helene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,600
Interest Rate
6.62%

Purchase Details

Closed on
Oct 18, 1996
Sold by
Kleinhans Virginia M and Federal National Mortgage Asso
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 17, 1996
Sold by
Federal National Mortgage Association
Bought by
Hud
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $280,000 Fidelity National Title
Grant Deed $177,000 Corinthian Title Company
Grant Deed $75,000 Chicago Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $32,000 First American Title Co
Trustee Deed $60,164 Continental Lawyers Title Co
Corporate Deed -- Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $251,100 New Conventional
Previous Owner $171,690 New Conventional
Previous Owner $25,600 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2024 12/12/24 Sold $280,000 -1.4% $328 / Sq Ft
10/30/2024 10/30/24 Pending -- -- --
10/11/2024 10/11/24 For Sale $284,000 +60.5% $333 / Sq Ft
05/15/2020 05/15/20 Sold $177,000 +1.1% $208 / Sq Ft
04/01/2020 04/01/20 Pending -- -- --
03/27/2020 03/27/20 For Sale $175,000 0.0% $205 / Sq Ft
02/08/2020 02/08/20 Pending -- -- --
02/03/2020 02/03/20 For Sale $175,000 +133.3% $205 / Sq Ft
07/31/2013 07/31/13 Sold $75,000 -11.8% $88 / Sq Ft
06/22/2013 06/22/13 Pending -- -- --
04/22/2013 04/22/13 For Sale $85,000 -- $100 / Sq Ft
Source: Greater Antelope Valley 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 $3,141 $280,000 $56,000 $224,000
2024 $3,141 $189,774 $50,069 $139,705
2023 $3,128 $186,054 $49,088 $136,966
2022 $3,007 $182,407 $48,126 $134,281
2021 $2,955 $178,832 $47,183 $131,649
2020 $1,779 $84,060 $16,810 $67,250
2019 $1,760 $82,413 $16,481 $65,932
2018 $1,737 $80,798 $16,158 $64,640
2017 $1,716 $79,215 $15,842 $63,373
2016 $1,635 $77,663 $15,532 $62,131
2015 $1,620 $76,497 $15,299 $61,198
2014 $1,606 $75,000 $15,000 $60,000
Source: Public Records

Agents Affiliated with this Home

  • Nancy Alpough

    Seller's Agent in 2024

    Nancy Alpough

    Keller Williams Realty

    (310) 519-1080

    1 in this area

    37 Total Sales

    Section Image
  • George Kpachavi

    Buyer's Agent in 2024

    George Kpachavi

    Keller Williams Realty-Studio City

    (310) 525-0528

    15 in this area

    340 Total Sales

    Section Image

  • R

    Buyer Co-Listing Agent in 2024

    Romero Santos

    Keller Williams Realty-Studio City

    (818) 933-3100

    1 in this area

    7 Total Sales

    Section Image

  • D

    Seller's Agent in 2020

    Diana Quito

    Terraverde Realty

    Section Image

  • K

    Seller's Agent in 2013

    Kevin Pratt

    Keller Williams Realty A.V.

  • U

    Buyer's Agent in 2013

    Unknown Member

See All Agents

Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 1304177

Greater Antelope Valley Association of REALTORS®

APN: 3053-053-450

California Los Angeles County Palmdale 93550 East Palmdale

2554 Olive Dr Unit 171, Palmdale, CA

This home is located at 2554 Olive Dr Unit 171, Palmdale, CA 93550 and is currently priced at $75,000, approximately $87 per square foot. This property was built in 1988. 2554 Olive Dr Unit 171 is a home located in Los Angeles County with nearby schools including Joshua Hills Elementary School, Desert Willow Fine Arts, Science, & Technology Magnet Academy, and Palmdale High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Antelope Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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