NOT LISTED FOR SALE

405 N Olive Ave Alhambra, CA 91801

Estimated Value: $972,000 - $1,379,000

2 Beds
2 Baths
850 Sq Ft
$1,345/Sq Ft Est. Value

Last Sold December 16, 2015

Last sale price $688,000 $809 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $6,756/month

Highlights

  • All Bedrooms Downstairs
  • Private Yard
  • Living Room
  • Garfield Elementary School Rated A-
  • No HOA
  • Central Air

About This Home

As of June 2016

Beautiful Spanish Duplex in North Alhambra, border of South Pasadena. Spacious units with two bedroom and two baths. Feature a living room and a formal dining room and have been remodeled. The bathrooms have newer tile, tub, sink, fixtures and faucets. It has remodeled kitchens with newer tile, counter tops and cabinets. It has been painted inside and out. The wood floors have been refinished. Inside laundry room, a separate driveway with a detached garage and newer partial copper plumbing. Good sized back yard and front porch. Very convenient and desirable neighborhood.

Last Agent to Rent the Property

Sharon Liu

Re/Max Premier Prop Arcadia License #01720175 Listed on: 05/18/2016

Re/Max Premier Prop Arcadia

Last Renter's Agent

Suzi Dunkel-Soto

Century 21 Village Realty License #01871973

Century 21 Village Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1931

Lot Details

  • 7,315 Sq Ft Lot
  • Private Yard

Parking

  • 1 Car Garage

Interior Spaces

  • 850 Sq Ft Home
  • Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 2 Full Bathrooms

Utilities

  • Central Air

Community Details

  • No Home Owners Association
  • Valley

Listing and Financial Details

  • Security Deposit $2,475
  • Rent includes gardener
  • 12-Month Minimum Lease Term
  • Tax Lot 15
  • Tax Tract Number 7694
  • Assessor Parcel Number 5338017015

Home Details

Home Type

Single Family

Year Built

Built in 1931

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Credit Check Paid By: Tenant
  • Deposit Security: 2475
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Tenant

Listing Details

  • Property Attached: Yes
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 5338017015
  • Year Built: 1931
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 850.00
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Price Per Square Foot: 1.94
  • Room Type: All Bedrooms Down, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Valley

Lot Info

  • Additional Parcels: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 7315.00
  • Price Per Lot Square Foot: 0.23
  • Lot Size Acres: 0.1680

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 7315.0000 Square Feet
  • Rent Includes: Gardener

Tax Info

  • Tax Lot: 15
  • Tax Tract Number: 7694

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2015
Closed on
Jan 27, 2016
Sold by
Poon Hung
Bought by
Poon 1994 Trust
Seller's Agent
Sharon Liu
Re/Max Premier Prop Arcadia
Buyer's Agent
Sharon Liu
Re/Max Premier Prop Arcadia
List Price
$728,000
Sold Price
$688,000
Premium/Discount to List
-$40,000
-5.49%
Current Estimated Value
$1,143,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$455,477
Avg. Annual Appreciation
5.16%
Original Mortgage
$310,000
Outstanding Balance
$129,176
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$1,014,301

Purchase Details

Listed on
Oct 23, 2015
Closed on
Dec 12, 2015
Sold by
Trinh Anne
Bought by
Poon Hung and Poon Mei
Seller's Agent
Sharon Liu
Re/Max Premier Prop Arcadia
Buyer's Agent
Sharon Liu
Re/Max Premier Prop Arcadia
List Price
$728,000
Sold Price
$688,000
Premium/Discount to List
-$40,000
-5.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Outstanding Balance
$129,176
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$1,014,301

Purchase Details

Closed on
May 15, 2007
Sold by
Marin Joseph and Marin Cecilia
Bought by
Trinh Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2007
Sold by
Vantrinh Huot
Bought by
Trinh Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2005
Sold by
Lear Otto and Lear Susanna C
Bought by
Marin Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$429,000
Interest Rate
5.9%
Mortgage Type
Fannie Mae Freddie Mac
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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Purchase History

Date Buyer Sale Price Title Company
Poon 1994 Trust -- None Available
Poon Hung $688,000 Fidelity National Title
Trinh Anne $585,000 California Title Company
Trinh Anne -- California Title Company
Marin Joseph $574,000 California Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poon Hung $310,000
Previous Owner Trinh Anne $468,000
Previous Owner Trinh Anne $117,000
Previous Owner Marin Joseph $429,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/30/2016 05/30/16 Rented $1,650 0.0% --
05/22/2016 05/22/16 Off Market $1,650 -- --
05/18/2016 05/18/16 For Rent $1,650 0.0% --
12/16/2015 12/16/15 Sold $688,000 -5.5% $422 / Sq Ft View Prior Sale
10/05/2015 10/05/15 Pending -- -- --
09/24/2015 09/24/15 For Sale $728,000 -- $446 / 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 $10,032 $814,446 $526,787 $287,659
2024 $10,032 $798,477 $516,458 $282,019
2023 $9,927 $782,822 $506,332 $276,490
2022 $9,452 $767,473 $496,404 $271,069
2021 $9,355 $752,425 $486,671 $265,754
2019 $9,027 $730,110 $472,237 $257,873
2018 $8,995 $715,795 $462,978 $252,817
2016 $8,274 $688,000 $445,000 $243,000
2015 $7,012 $583,000 $451,200 $131,800
2014 $6,318 $517,600 $400,600 $117,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR16106440

California Regional Multiple Listing Service (CRMLS)

APN: 5338-017-015