NOT LISTED FOR SALE

2811 Olive Ave Altadena, CA 91001

Estimated Value: $463,000 - $851,843

2 Beds
1 Bath
718 Sq Ft
$828/Sq Ft Est. Value

Last Sold January 24, 2022

Last sale price $730,000 $1,017 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $3,855/month

15 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property
  • Two cooling system units
  • Central Heating and Cooling System

About This Home

As of January 2022

Attention agents! this is a Bankruptcy Property, there is a possibility of court confirmation of the sale.

This is a nice home in a very desirable neighborhood of Altadena, lots of potential to add living space, the sellers remodeled the property not too long ago, this home consist of 2 bedroom and 1 bathroom.
Title report shows 718 legal square feet, the property actually has 4 bedroom and 2 bathroom, buyers and buyer's agents to do their own investigation regarding permits and legal square footage.

Last Agent to Sell the Property

Edison Echeverry

Four Brothers Real Estate, Inc. License #01224344 Listed on: 12/01/2021

Four Brothers Real Estate, Inc.

Last Buyer's Agent

LEO MONGELLI

COLDWELL BANKER LEADERS License #01868258

COLDWELL BANKER LEADERS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 6,544 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LCR175

Interior Spaces

  • 718 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Location

  • Urban Location

Utilities

  • Two cooling system units
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 6532
  • Assessor Parcel Number 5829035024
  • $482 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Ad Number: 562-644-4544
  • Property Attached: No
  • View: No
  • Zoning: LCR175
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5829035024
  • Year Built: 1955
  • Special Features: RealEstateOwned

Interior Features

  • Fireplace: No
  • Living Area: 718.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1016.71
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6544.00
  • Lot Size Acres: 0.1502

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6544.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4603.02
  • Tax Lot: 10
  • Tax Tract Number: 6532
  • TaxOtherAnnualAssessmentAmount: 482.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2021
Closed on
Dec 20, 2021
Sold by
Servin Angelina B and Servin Vicente
Bought by
Man Matthew and Sun Audrey Yi-Li
Seller's Agent
Edison Echeverry
Four Brothers Real Estate, Inc.
Buyer's Agent
LEO MONGELLI
COLDWELL BANKER LEADERS
List Price
$699,999
Sold Price
$730,000
Premium/Discount to List
$30,001
4.29%
Current Estimated Value
$594,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$135,386
Avg. Annual Appreciation
-5.09%
Original Mortgage
$693,500
Outstanding Balance
$638,772
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
-$44,158

Purchase Details

Closed on
Dec 6, 2006
Sold by
Servin Angelina
Bought by
Servin Vicente and Servin Angelina B

Purchase Details

Closed on
Jun 15, 2006
Sold by
Servin Vicente
Bought by
Servin Angelina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
9.8%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 3, 2002
Sold by
Muro Jose T and Muro Sylvia
Bought by
Servin Vicente and Servin Angelina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,601
Interest Rate
6.6%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 28, 1999
Sold by
Muro Santos
Bought by
Muro Jose T and Muro Sylvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
8.37%

Purchase Details

Closed on
Jul 24, 1997
Sold by
Carlisle May J and Jenks Paul
Bought by
Muro Jose T and Muro Sylvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,047
Interest Rate
7.42%
Mortgage Type
FHA
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
Man Matthew $730,000 Lawyers Title
Servin Vicente -- Investors Title Company
Servin Angelina -- Chicago Title Co
Servin Vicente $220,000 Fidelity National Title Co
Muro Jose T -- Landsafe Title
Muro Jose T $96,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Man Matthew $693,500
Previous Owner Servin Angelina $440,000
Previous Owner Servin Vicente $216,601
Previous Owner Muro Jose T $112,000
Previous Owner Muro Jose T $93,047
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2022 01/24/22 Sold $730,000 +4.3% $1,017 / Sq Ft
01/11/2022 01/11/22 For Sale $699,999 0.0% $975 / Sq Ft
12/16/2021 12/16/21 Pending -- -- --
12/01/2021 12/01/21 For Sale $699,999 -- $975 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,875 $402,833 $402,833 --
2024 $8,875 $759,491 $607,593 $151,898
2023 $8,796 $744,600 $595,680 $148,920
2022 $3,807 $300,234 $240,194 $60,040
2021 $3,623 $294,348 $235,485 $58,863
2019 $3,492 $285,619 $228,501 $57,118
2018 $3,533 $280,020 $224,021 $55,999
2016 $3,424 $269,148 $215,323 $53,825
2015 $3,387 $265,106 $212,089 $53,017
2014 $3,327 $259,914 $207,935 $51,979
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21257213

California Regional Multiple Listing Service (CRMLS)

APN: 5829-035-024