NOT LISTED FOR SALE

2863 Olive St Selma, CA 93662

Estimated Value: $587,934 - $1,007,000

6 Beds
3.5 Baths
4,694 Sq Ft
$152/Sq Ft Est. Value

Last Sold October 12, 2022

Last sale price $675,000 $144 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,450/month

102 Days on Market

Highlights

  • In Ground Pool
  • 2 Fireplaces
  • Wood Siding
  • 0.34 Acre Lot
  • Central Heating and Cooling System

About This Home

As of October 2022

Selma's Most Iconic Home is Now Available!! It's rare to find an A grade home with such lavish landscaping and grand curb appeal with its tall columns and brick pathway. This timeless masterpiece is situated on a large corner lot and features nearly 4,700 sq. ft. of living space, up to 6 bedrooms (2 used as an office and a gym), 3 bathrooms (one also accessible from the pool), a private sauna, multiple outdoor decks on the upper floor, a bonus private loft within the master suite, and an amazing backyard that is perfect for family gatherings and entertaining. The backyard features a large rock waterfall and stream that feeds into the swimming pool like a river, a spacious jacuzzi, a newer deck made of heart redwood and a great place to watch those movies and playoffs. Some of the recent seller upgrades (around $180,000) include a fully renovated kitchen, high end variable speed HVAC system with air purification and new insulated ducting, replastered the pool & jacuzzi and 4 Pentair variable speed pumps!! If you're looking for a classic masterpiece in which to live, this is your castle!! Call to schedule your private tour today!! Bed & Bath count are different than tax records, buyer to verify if important.

Last Agent to Sell the Property

Parminder Singh

London Properties-Kingsburg License #01855628 Listed on: 06/09/2022

Last Buyer's Agent

Sarah Gillespie

Executive Realty Associates License #01843339

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1972

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 120x124
  • Property is zoned R1

Home Design

  • Wood Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,694 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Laundry in unit

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3.5 Bathrooms

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Home Details

Home Type

Single Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Price Per Square Foot: 143.80
  • Year Built Exception: 0
  • Number Of Stories: Two
  • Special Features: None
  • Stories: 2
  • Year Built: 1972

Interior Features

  • Number Of Fireplaces: 2
  • Bathrooms: 3.50
  • Bedrooms: 6
  • Laundry: Inside
  • Square Footage: 4694.00

Exterior Features

  • Roofing: Composition
  • Pool Type: In Ground
  • Exterior: Wood
  • Foundation: Wood Sub Floor
  • Pool: Yes

Utilities

  • Heating And Cooling: Central Heat & Cool
  • Gas And Electric: Public Utilities
  • Sewer/Water: Public Water

Condo/Co-op/Association

  • Association: Fresno MLS

Lot Info

  • Acres: 0.3416
  • Lot Dimensions: 120X124
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 14880.00
  • Price Per Acre: 1975995.32

Building Info

  • Year Built: 1972

MLS Schools

  • School District 2: Selma
  • School Type: High School
  • School Name: Selma
  • School Type: Junior High School
  • School Name: Lincoln
  • School Type: Grade School
  • School Name: Wilson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2022
Closed on
Sep 22, 2022
Sold by
Drolette John A and Safonova-Dro Natalia
Bought by
Flores Joseph T Perez and Perez Jennifer S
Seller's Agent
Parminder Singh
London Properties-Kingsburg
Buyer's Agent
Sarah Gillespie
Executive Realty Associates
List Price
$695,000
Sold Price
$675,000
Premium/Discount to List
-$20,000
-2.88%
Current Estimated Value
$711,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,734
Avg. Annual Appreciation
1.63%
Original Mortgage
$360,000
Outstanding Balance
$344,129
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$367,605

Purchase Details

Closed on
Apr 11, 2019
Sold by
Drolette John A
Bought by
Drolette John A and Drole Natalia Safonova

Purchase Details

Listed on
Feb 24, 2018
Closed on
Jun 19, 2018
Sold by
Natalia Safonovadrolette
Bought by
Drolette John A
Seller's Agent
Charlotte Tucker
Bill Tucker & Associates
Buyer's Agent
Charlotte Tucker
Bill Tucker & Associates
List Price
$365,000
Sold Price
$365,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.21%
Original Mortgage
$346,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2001
Sold by
Petery Gerald Duane
Bought by
Watkins Bill and Watkins Vickie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.84%
Mortgage Type
Seller Take Back
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
Flores Joseph T Perez $675,000 Chicago Title
Drolette John A -- None Available
Drolette John A -- Chicago Title
Drolette John A $365,000 Chicago Title
Watkins Bill $290,000 Financial Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Joseph T Perez $360,000
Previous Owner Drolette John A $346,750
Previous Owner Watkins Bill $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/12/2022 10/12/22 Sold $675,000 -2.9% $144 / Sq Ft
09/19/2022 09/19/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $695,000 +90.4% $148 / Sq Ft
06/26/2018 06/26/18 Sold $365,000 0.0% $78 / Sq Ft View Prior Sale
05/27/2018 05/27/18 Pending -- -- --
02/24/2018 02/24/18 For Sale $365,000 -- $78 / Sq Ft
Source: Fresno MLS

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 $9,176 $702,270 $78,030 $624,240
2023 $8,990 $675,000 $75,000 $600,000
2022 $5,424 $391,351 $75,053 $316,298
2021 $5,306 $383,679 $73,582 $310,097
2020 $5,271 $379,746 $72,828 $306,918
2019 $5,152 $372,300 $71,400 $300,900
2018 $5,090 $376,506 $62,312 $314,194
2017 $4,982 $369,125 $61,091 $308,034
2016 $4,487 $361,889 $59,894 $301,995
2015 $4,569 $356,454 $58,995 $297,459
2014 $4,473 $349,473 $57,840 $291,633
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fresno MLS

MLS Number: 579417

Fresno MLS

APN: 389-073-01