NOT LISTED FOR SALE

2925 Olive St Lemon Grove, CA 91945

Estimated Value: $729,000 - $856,000

4 Beds
2 Baths
1,419 Sq Ft
$549/Sq Ft Est. Value

Last Sold September 25, 2020

Last sale price $540,000 $381 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,707/month

10 Days on Market

Highlights

  • Deck
  • Living Room
  • Forced Air Heating and Cooling System
  • Patio
  • Laundry Room
  • 4-minute walk to Treganza Heritage Park

About This Home

As of September 2020

Turnkey four bedroom two bath house with a highly desirable open floor plan. Entertain in your custom kitchen featuring white cabinets, stainless steel appliances, granite counter tops, travertine tile & breakfast bar. Beautifully restored original hardwood flooring will undoubtedly impress. Retreat to your extra large master bedroom suite with en suite bathroom. The home provides a large private fenced backyard with a redwood deck an newly built trex deck in the front of the house. A MUST see!!!

Last Agent to Sell the Property

Steve Meyers

K. Mark Bulla & Approved Mgmt. License #02020914 Listed on: 08/16/2020

K. Mark Bulla & Approved Mgmt.

Last Buyer's Agent

Jamal Johnson

Acropolis Enterprise Inc. License #01927800

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 6,500 Sq Ft Lot
  • Level Lot

Home Design

  • Wood Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,419 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Driveway

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 4802621200

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Lemon Grove
  • Zoning: R-1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4802621200
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1419.00 Square Feet
  • Stories: 1
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Levels: One
  • Price Per Square Foot: 380.55
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Master Bedroom

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Roof: Composition, Wood
  • Construction Materials: Wood Siding

Garage/Parking

  • Parking: No
  • Parking Features: Driveway
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Dryer Included, Electric Dryer Hookup, Washer Included
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 6500.00

Multi Family

  • Lot Size Area: 6500.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2020
Closed on
Sep 4, 2020
Sold by
Sanchez Katherine K and Koeppel Katherine Antoinett
Bought by
Schmitz David
Seller's Agent
Steve Meyers
K. Mark Bulla & Approved Mgmt.
Buyer's Agent
Jamal Johnson
Acropolis Enterprise Inc.
List Price
$510,000
Sold Price
$540,000
Premium/Discount to List
$30,000
5.88%
Current Estimated Value
$779,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,515
Avg. Annual Appreciation
7.21%
Original Mortgage
$552,420
Outstanding Balance
$490,236
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$289,279

Purchase Details

Listed on
Aug 16, 2020
Closed on
Sep 3, 2020
Sold by
Sanchez Jose
Bought by
Sanchez Katherine K
Seller's Agent
Steve Meyers
K. Mark Bulla & Approved Mgmt.
Buyer's Agent
Jamal Johnson
Acropolis Enterprise Inc.
List Price
$510,000
Sold Price
$540,000
Premium/Discount to List
$30,000
5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,420
Outstanding Balance
$490,236
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$289,279

Purchase Details

Closed on
Jun 2, 2014
Sold by
Bdl Management Llc
Bought by
Koeppel Katherine Antoinett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.09%
Mortgage Type
VA

Purchase Details

Closed on
Feb 6, 2014
Sold by
Martinosky David
Bought by
Bdl Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
4.47%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 8, 2009
Sold by
Martinosky Nancy
Bought by
Martinosky Nancy J

Purchase Details

Closed on
Apr 3, 1995
Sold by
Martinosky Kenneth A and Martinosky Nancy J
Bought by
Martinosky Kenneth A and Martinosky Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,200
Interest Rate
7.75%
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
Schmitz David $540,000 Lawyers Title Company
Sanchez Katherine K -- Lawyers Title Company
Koeppel Katherine Antoinett $370,000 Fidelity National Title Co
Bdl Management Llc $225,000 Fidelity National Title Comp
Martinosky Nancy J -- None Available
Martinosky Kenneth A -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmitz David $552,420
Previous Owner Koeppel Katherine Antoinett $300,000
Previous Owner Bdl Management Llc $65,000
Previous Owner Martinosky Kenneth A $115,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2020 09/25/20 Sold $540,000 +5.9% $381 / Sq Ft
08/26/2020 08/26/20 Pending -- -- --
08/16/2020 08/16/20 For Sale $510,000 -- $359 / 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 $7,568 $584,511 $378,850 $205,661
2024 $7,568 $573,051 $371,422 $201,629
2023 $7,372 $561,816 $364,140 $197,676
2022 $7,333 $550,800 $357,000 $193,800
2021 $7,233 $540,000 $350,000 $190,000
2020 $5,521 $406,603 $105,539 $301,064
2019 $5,422 $398,631 $103,470 $295,161
2018 $5,300 $390,816 $101,442 $289,374
2017 $5,222 $383,153 $99,453 $283,700
2016 $5,039 $375,641 $97,503 $278,138
2015 $5,007 $370,000 $96,039 $273,961
2014 $1,264 $58,001 $15,055 $42,946
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Steve Meyers

    K. Mark Bulla & Approved Mgmt.

    Section Image
  • Jamal Johnson

    Buyer's Agent in 2020

    Jamal Johnson

    Acropolis Enterprise Inc.

    (619) 852-4244

    6 in this area

    213 Total Sales

    Jamal Johnson
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 200038260

California Regional Multiple Listing Service (CRMLS)

APN: 480-262-12

California San Diego County Lemon Grove 91945

2925 Olive St, Lemon Grove, CA

Not Listed for Sale

Detached

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