NOT LISTED FOR SALE

348 Olive Ave Piedmont, CA 94611

Estimated Value: $1,655,990 - $2,600,000

5 Beds
2.5 Baths
2,730 Sq Ft
$800/Sq Ft Est. Value

Last Sold June 02, 2021

Last sale price $1,919,888 $703 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $13,754/month

12 Days on Market

Highlights

  • City View
  • Traditional Architecture
  • Granite Countertops
  • Piedmont Middle School Rated A+
  • Wood Flooring
  • 2-minute walk to Morcom Rose Garden

About This Home

As of June 2021

Beautifully updated three level home with stunning view in Piedmont City !!! There are two level spacious home with estimated 2,000 living square feet, plus permitted ADU with 2/1 estimated 730 Sf at the lower level with separate entrance. Main level features spacious living room with fireplace, recess lighting, hardwood floor throughout, formal dining room, large kitchen with granite counter top, maple cabinets, beautiful fresh paint for the entire interior and exterior, the newly built large deck is off the kitchen, you can enjoy the charming view, such a great place for relaxation. Upper level features 3 bedrooms, 1 den, 1 patio, there are lots of natural light. Recently built ADU at the lower level, features 1 bedroom, 1 bonus room, living room, 1 bathroom and kitchen, it can be excellent extra income.There are gated roof deck above the garage, and extra one parking space by the garage.Conveniently located near Top rated schools, shops, banks, restaurants at Grand and Pietmond ave.

Last Agent to Sell the Property

Ken Kwok

MaxReal License #01742794 Listed on: 04/21/2021

MaxReal

Last Buyer's Agent

Julie Gardner

Compass License #01431765

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1914 | Remodeled

Lot Details

  • 4,320 Sq Ft Lot
  • Back and Front Yard Fenced

Property Views

  • City
  • Hills
  • Valley

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Tar and Gravel Roof
  • Wood Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,730 Sq Ft Home
  • Wood Burning Fireplace
  • Formal Entry
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Basement Fills Entire Space Under The House
  • Security Gate
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Free-Standing Electric Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • In-Law or Guest Suite
  • Bathtub with Shower

Parking

  • 1 Car Detached Garage
  • 1 Carport Space
  • Rear-Facing Garage
  • Side Facing Garage
  • Garage Door Opener
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • Central Heating
  • Wall Furnace
  • Heating System Uses Gas

Community Details

  • Low-Rise Condominium

Listing and Financial Details

  • Assessor Parcel Number 50-4557-26

Home Details

Home Type

Single Family

Year Built

Built in 1914 | Remodeled

Lot Details

4,320 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Detached, Low-Rise (1-3)
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Remodeled/Updated: Yes
  • Remodeled Updated Desc: Bath 0-5YR, Kitchen 11-15YR
  • Year Built: 1914
  • Accessory Dwelling Unit Second Unit: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Fireplaces: 1
  • Fireplace Features: Living Room, Wood Burning
  • Bathrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Dining Room Features: Formal Area
  • Basement: Full
  • Appliances: Dishwasher, Disposal, Free Standing Electric Oven, Free Standing Gas Range, Free Standing Refrigerator, Gas Cook Top, Hood Over Range
  • Bathroom Features: Tub w/Shower Over
  • Flooring: Tile, Wood
  • Interior Amenities: Formal Entry
  • Kitchen Features: Breakfast Area, Granite Counter
  • Laundry Features: Hookups Only
  • Lower Level: Bedroom(s), Kitchen, Living Room
  • Main Level: Dining Room, Kitchen, Living Room, Street Entrance
  • Price Per Square Foot: 703.26
  • Room Type: Den, Dining Room, In Law Apartment, Kitchen, Living Room, Office
  • Square Footage: 2730.00

Exterior Features

  • Construction Materials: Concrete, Stucco, Wood
  • Fencing: Back Yard, Fenced, Front Yard, Wood
  • Foundation: Concrete Perimeter
  • Patio And Porch Features: Uncovered Patio
  • Road Surface Type: Paved
  • Roof: Shingle, Tar/Gravel
  • View: City, Hills, Valley

Garage/Parking

  • Carport Spaces: 1.00
  • Parking Access: Independent
  • Parking Features: Detached, Garage Door Opener, Garage Facing Rear, Garage Facing Side, Uncovered Parking Space
  • Parking Fees: No
  • Parking Type: On Site (Single Family Only)
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Central, Fireplace(s), Gas, Wall Furnace
  • Security Features: Security Gate
  • Sewer: Public Sewer, Sewer Connected
  • Utilities: Public
  • Water Source: Meter Available, Public

Lot Info

  • Assessor Parcel Number: 50-4557-26
  • Land Use: Residential
  • Lot Features: Garden
  • Lot Size Acres: 0.0992
  • Lot Size Sq Ft: 4320.00
  • Lot Size Units: SqFt
  • Price Per Acre: 19353709.68

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2021
Closed on
May 25, 2021
Sold by
Jiang Edwin L and Yan Lena
Bought by
Sun Madelene and Le John
Seller's Agent
Ken Kwok
MaxReal
Buyer's Agent
Julie Gardner
Compass
List Price
$1,888,000
Sold Price
$1,919,888
Premium/Discount to List
$31,888
1.69%
Current Estimated Value
$2,184,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,110
Avg. Annual Appreciation
2.76%
Original Mortgage
$1,535,910
Outstanding Balance
$1,387,543
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$797,455

Purchase Details

Closed on
Dec 12, 2011
Sold by
Jiang Edwin L and Yan Lena
Bought by
Jiang Edwin L and Yan Lena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2011
Sold by
Jiang Edwin L and Yan Lena
Bought by
Jiang Edwin L and Yan Lena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2011
Sold by
Jiang Edwin L and Yan Lena
Bought by
Jiang Edwin L and Yan Lena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2004
Sold by
Li Fung Chi Man and Li Yin Sui
Bought by
Jiang Edwin L and Yan Lena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.38%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Sun Madelene $1,920,000 Old Republic Ttl Co Montclai
Jiang Edwin L -- Fidelity Title Company
Jiang Edwin L -- Fidelity National Title Co
Jiang Edwin L -- None Available
Jiang Edwin L -- Fidelity National Title Co
Jiang Edwin L -- None Available
Jiang Edwin L $1,028,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sun Madelene $1,535,910
Previous Owner Jiang Edwin L $227,500
Previous Owner Jiang Edwin L $188,000
Previous Owner Jiang Edwin L $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2021 06/02/21 Sold $1,919,888 +1.7% $703 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $1,888,000 -- $692 / Sq Ft
Source: San Francisco Association of REALTORS®

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 $30,371 $2,071,029 $623,365 $1,454,664
2024 $30,371 $2,030,291 $611,145 $1,426,146
2023 $29,913 $1,997,359 $599,166 $1,398,193
2022 $29,069 $1,951,196 $587,418 $1,370,778
2021 $21,188 $1,343,236 $405,071 $945,165
2020 $20,432 $1,336,400 $400,920 $935,480
2019 $20,161 $1,310,195 $393,058 $917,137
2018 $19,479 $1,284,505 $385,351 $899,154
2017 $19,505 $1,259,320 $377,796 $881,524
2016 $18,117 $1,234,627 $370,388 $864,239
2015 $18,138 $1,216,082 $364,824 $851,258
2014 $17,962 $1,192,263 $357,679 $834,584
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS®

MLS Number: 421540779

San Francisco Association of REALTORS®

APN: 050-4557-026-00

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