NOT LISTED FOR SALE

2554 Olive Dr Unit 28 Palmdale, CA 93550

East Palmdale Neighborhood

Estimated Value: $194,000 - $220,000

1 Bed
1 Bath
527 Sq Ft
$300/ mo HOA Fee

Last Sold June 02, 2023

Last sale price $197,000 $374 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,652/month

7 Days on Market

Highlights

  • In Ground Pool
  • 1.66 Acre Lot
  • Wood Flooring
  • Gated Community
  • Contemporary Architecture
  • Balcony

About This Home

As of June 2023

Lovely 1Br. 1Ba. located in a gated community. It has been upgraded with new wood floors, recessed lighting throughout and custom paint. Central air and heating, washer and dryer in the unit. Enjoy fresh air from the balcony, the community pool and spa and many green spaces and trees. It is centrally located near shopping, restaurants and services.

Last Agent to Sell the Property

Elizabeth Pease

Coldwell Banker Realty License #01311069 Listed on: 04/10/2023

Coldwell Banker Realty

Last Buyer's Agent

Charly Daoud

eXp Realty of Greater Los Angeles, Inc. License #02023368

eXp Realty of Greater Los Angeles, Inc.

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1986

Lot Details

  • Gated Home
  • Split Rail Fence

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 527 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Vertical Blinds
  • Drapes & Rods
  • Living Room
  • Wood Flooring

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Gas And Electric Dryer Hookup

Home Security

Parking

  • 2 Parking Spaces
  • Carport
  • Automatic Gate
  • Guest Parking

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Balcony

Utilities

  • Air Conditioning
  • Central Heating
  • Property is located within a water district
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 3053-051-411

Community Details

Overview

  • 200 Units

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 1986

Lot Details

1.66 Acres

HOA Fees

$300 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary Mediterranean
  • Street Number Display: Yes
  • Complex Name: Monte Vista HOA
  • Entry Floor: 2
  • Living Area: 527
  • Lot Acreage: 1.6589
  • Planned Urban Dev: 0
  • Stories: 2
  • Year Built: 1986
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Equipment: Garbage Disposal, Microwave, Ceiling Fan, Dishwasher, Gas Or Electric Dryer Hookup
  • Price Per S Q F T: 407.97
  • Windows: Drapes/Curtains, Mini Blinds, Vertical Blinds

Exterior Features

  • Construction: Stucco
  • Other Features: Balcony
  • Fence: Split Rail
  • Patio: Balcony
  • Pool Description: Community
  • Pool: Yes
  • Roof: Spanish Tile
  • Spa: Community
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Carport
  • Total Parking: 2

Utilities

  • Water Heater: Water Heater Unit
  • Cooling: Air Conditioning, Ceiling Fan
  • Heating: Central
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Card/Code Access, Fire and Smoke Detection System, Gated, Smoke Detector
  • Sewer: In Connected and Paid
  • Water: District

Association/Amenities

  • Amenities: Controlled Access, Gated Community, Guest Parking, Pool, Spa
  • Pet Rules: Yes

Condo/Co-op/Association

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

Lot Info

  • Assessor Parcel Number: 3053-051-411
  • Lot Size Area: 72261

Multi Family

  • Number Of Units: 200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2023
Closed on
May 10, 2023
Sold by
Hidalgo Lennix Alberto
Bought by
Daoud Charly
Seller's Agent
Elizabeth Pease
Coldwell Banker Realty
Buyer's Agent
Charly Daoud
eXp Realty of Greater Los Angeles, Inc.
List Price
$215,000
Sold Price
$197,000
Premium/Discount to List
-$18,000
-8.37%
Views
111
Current Estimated Value
$207,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,856
Avg. Annual Appreciation
1.94%
Original Mortgage
$117,000
Outstanding Balance
$113,621
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$94,235

Purchase Details

Listed on
May 15, 2015
Closed on
Mar 23, 2016
Sold by
Ware 2000 Llc
Bought by
Cervantes Juan Pablos and Ruelas Veronica
Seller's Agent
Michael Green
M. Green Realty & Investments
Buyer's Agent
Michael Green
M. Green Realty & Investments
List Price
$72,000
Sold Price
$75,000
Premium/Discount to List
$3,000
4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.57%

Purchase Details

Closed on
May 23, 2006
Sold by
Ware Peter Bartholomew and Ware Peter Bartholomew
Bought by
Ware 2000

Purchase Details

Closed on
May 17, 2001
Sold by
Ware Peter B
Bought by
Ware Peter Bartholowmew and Peter Bartholowmew Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,400
Interest Rate
7.03%

Purchase Details

Closed on
Mar 22, 2001
Sold by
Marks Robert J
Bought by
Ware Peter B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,400
Interest Rate
7.03%

Purchase Details

Closed on
May 5, 1999
Sold by
Hud
Bought by
Marks Robert J

Purchase Details

Closed on
Dec 9, 1998
Sold by
Norwest Mtg Inc
Bought by
Hud

Purchase Details

Closed on
Nov 16, 1998
Sold by
Gotter Christina N
Bought by
Norwest Mtg Inc

Purchase Details

Closed on
Jul 2, 1996
Sold by
Mestepey Robert
Bought by
Gotter Christina N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,350
Interest Rate
8.32%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 12, 1995
Sold by
Vanwinkle Wayne E and Empire Of America Realty Credi
Bought by
Empire Of America Realty Credit Corp

Purchase Details

Closed on
Jul 7, 1995
Sold by
Empire Of America Realty Credit Corp
Bought by
Hud

Purchase Details

Closed on
Jun 30, 1995
Sold by
Vanwinkle Wayne E and Empire Of America Realty Credi
Bought by
Empire Of America Realty Credit Corp

Purchase Details

Closed on
May 10, 1994
Sold by
Vanwinkle Wayne E
Bought by
Hurst Scott
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
Daoud Charly $197,000 Equity Title
Cervantes Juan Pablos $77,000 Usa National Title Company
Ware 2000 -- None Available
Ware Peter Bartholowmew $28,000 Fidelity National Title Co
Ware Peter B $28,000 Fidelity National Title Co
Marks Robert J $21,500 First American Title Co
Hud -- Fidelity National Title Ins
Norwest Mtg Inc $33,213 Fidelity National Title Ins
Gotter Christina N $30,000 Chicago Title Co
Empire Of America Realty Credit Corp $50,493 Stewart Title
Hud -- Fidelity National Title Ins
Empire Of America Realty Credit Corp $50,493 Stewart Title
Hurst Scott -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daoud Charly $117,000
Previous Owner Ware Peter B $22,400
Previous Owner Gotter Christina N $30,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/02/2023 06/02/23 Sold $197,000 -8.4% $374 / Sq Ft
04/17/2023 04/17/23 Pending -- -- --
04/10/2023 04/10/23 For Sale $215,000 +34.4% $408 / Sq Ft
05/21/2021 05/21/21 Sold $160,000 +6.7% $304 / Sq Ft View Prior Sale
04/28/2021 04/28/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $150,000 +100.0% $285 / Sq Ft
04/28/2016 04/28/16 Sold $75,000 +4.2% $142 / Sq Ft View Prior Sale
03/03/2016 03/03/16 Pending -- -- --
05/15/2015 05/15/15 For Sale $72,000 -- $137 / 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 $3,245 $204,957 $49,002 $155,955
2024 $3,245 $200,940 $48,042 $152,898
2023 $2,853 $166,463 $39,119 $127,344
2022 $2,744 $163,200 $38,352 $124,848
2021 $1,777 $84,206 $16,840 $67,366
2020 $1,751 $83,344 $16,668 $66,676
2019 $1,733 $81,711 $16,342 $65,369
2018 $1,710 $80,110 $16,022 $64,088
2016 $1,141 $35,624 $7,121 $28,503
2015 $1,126 $35,090 $7,015 $28,075
2014 $1,119 $34,404 $6,878 $27,526
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Pease

    Seller's Agent in 2023

    Elizabeth Pease

    Coldwell Banker Realty

    (310) 560-7011

    2 in this area

    10 Total Sales

    Elizabeth Pease
    Section Image
  • Charly Daoud

    Buyer's Agent in 2023

    Charly Daoud

    eXp Realty of Greater Los Angeles, Inc.

    (661) 916-4450

    49 in this area

    373 Total Sales

    Charly Daoud
    Section Image
  • Cecilia Davicco

    Seller's Agent in 2021

    Cecilia Davicco

    Century 21 Masters

    (818) 892-9314

    7 in this area

    33 Total Sales

    Cecilia Davicco
    Section Image

  • U

    Buyer's Agent in 2021

    Unknown Member

    NON-MEMBER OFFICE

  • Michael Green

    Seller's Agent in 2016

    Michael Green

    M. Green Realty & Investments

    (818) 832-3610

    2 in this area

    34 Total Sales

    Michael Green
    Section Image
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Map

Source: The MLS

MLS Number: 23-258759

The MLS

APN: 3053-051-411

California Los Angeles County Palmdale 93550 East Palmdale

2554 Olive Dr Unit 28, Palmdale, CA

Not Listed for Sale

Condos

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