NOT LISTED FOR SALE

409 Olive St Unit B Placentia, CA 92870

Estimated Value: $825,000 - $1,328,000

1 Bed
1 Bath
600 Sq Ft
$1,781/Sq Ft Est. Value

Highlights

  • Property is near a park
  • Main Floor Primary Bedroom
  • Park
  • Kraemer Middle School Rated A
  • No HOA
  • Laundry Room

About This Home

As of October 2022

UTILITIES INCLUDED IN RENT...2022 New construction fully permitted and approved ADU in the back of lot consisting of 1 bedroom and 1 bath at 600 sf. Drought tolerant landscape, and Fully paid off solar panels allow you to reduce your operating cost significantly, New electrical and PEX plumbing along with brand new roofs help you with close to zero maintenance costs while enjoying the use of high-end finishes and upgrades. Excellent location within a short walk to Downtown Placentia center of all shops and dining, close to Chapman University, also less than 0.2 miles from Cal State Fullerton University. rent one and live in the other. Long driveway is great for RV/Boat park.

Last Agent to Rent the Property

Richard Mohr

RPM Real Estate Services License #00482323 Listed on: 07/09/2022

Last Renter's Agent

Richard Mohr

RPM Real Estate Services License #00482323 Listed on: 07/09/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,418

Year Built

  • Built in 2021

Lot Details

  • 6,250 Sq Ft Lot
  • No Common Walls
  • Landscaped

Home Design

  • Duplex

Interior Spaces

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

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Location

  • Property is near a park
  • Property is near public transit
  • Suburban Location

Utilities

  • Central Air

Listing and Financial Details

  • Security Deposit $2,500
  • 12-Month Minimum Lease Term
  • Available 7/8/22
  • Legal Lot and Block 48 / A
  • Tax Tract Number 140
  • Assessor Parcel Number 33935109

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Park
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,418

Year Built

Built in 2021

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2022-07-08
  • Credit Check Paid By: Tenant
  • Deposit Security: 2500
  • Furnished: Unfurnished

Listing Details

  • Structure Type: Duplex
  • Property Attached: No
  • View: No
  • Property Sub Type: Duplex
  • Property Type: Residential Lease
  • Parcel Number: 33935109
  • Year Built: 2021
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Living Area: 600.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One, Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 4.00
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Main Floor Bedroom, Main Floor Master Bedroom

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Park, Suburban

Schools

  • School District: Placentia-Yorba Linda Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Landscaped, Near Public Transit, Park Nearby, Walkstreet
  • Lot Size Sq Ft: 6250.00
  • Lot Size Acres: 0.1435

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 6250.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: A
  • Tax Census Tract: 117.21
  • Tax Lot: 48
  • Tax Tract Number: 140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2022
Sold by
Esmaeili Soumeeh Amir and Katoozi Niki
Bought by
Swp Rentals Inc
Current Estimated Value
$1,068,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Outstanding Balance
$356,801
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$711,702

Purchase Details

Closed on
Nov 2, 2021
Sold by
Feldman Emily F and Feldman Anna R
Bought by
Soumeeh Amir Esmaeili and Soumeeh Niki Katoozi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,000
Interest Rate
2.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 12, 2015
Sold by
Bui Dennis Minh
Bought by
Feldman Emily F and Feldman Anna R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,117
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 29, 2014
Sold by
Vanbui Vivian Hong
Bought by
Bui Dennis Minh

Purchase Details

Closed on
Dec 18, 2013
Sold by
Chavez Charles
Bought by
Bui Dennis Minh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.28%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Swp Rentals Inc $1,147,000 None Listed On Document
Soumeeh Amir Esmaeili $605,000 Pacific Coast Title Company
Feldman Emily F $380,000 Ticor Title
Bui Dennis Minh -- Ticor Title Company Of Ca
Bui Dennis Minh $225,000 Ticor Title Company Of Ca
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swp Rentals Inc $375,000
Previous Owner Soumeeh Amir Esmaeili $423,000
Previous Owner Feldman Emily F $373,117
Previous Owner Bui Dennis Minh $175,000
Closed Swp Rentals Inc $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2022 10/24/22 Rented $2,400 0.0% --
08/11/2022 08/11/22 Price Changed $2,400 -4.0% $4 / Sq Ft
07/09/2022 07/09/22 For Rent $2,500 -- --
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 $13,418 $1,193,338 $1,061,509 $131,829
2024 $13,418 $1,169,940 $1,040,695 $129,245
2023 $13,169 $1,147,000 $1,020,289 $126,711
2022 $7,289 $605,000 $572,935 $32,065
2021 $5,268 $421,921 $397,360 $24,561
2020 $5,284 $417,595 $393,285 $24,310
2019 $5,071 $409,407 $385,573 $23,834
2018 $5,004 $401,380 $378,013 $23,367
2017 $4,919 $393,510 $370,601 $22,909
2016 $4,822 $385,795 $363,335 $22,460
2015 $3,118 $229,495 $206,930 $22,565
2014 -- $28,279 $17,953 $10,326
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22149632

California Regional Multiple Listing Service (CRMLS)

APN: 339-351-09