NOT LISTED FOR SALE

409 Olive St Placentia, CA 92870

Estimated Value: $858,000 - $1,320,000

3 Beds
2 Baths
1,350 Sq Ft
$801/Sq Ft Est. Value

Last Sold July 08, 2022

Last sale price $1,147,000 $850 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $6,495/month

Highlights

  • Property is near public transit
  • Main Floor Bedroom
  • Up Slope from Street
  • Kraemer Middle School Rated A
  • No HOA
  • Living Room

About This Home

As of July 2023

UTILITIES INCLUDED. 3bed/2bath 1,300 SF fully renovated Front house. New flooring, kitchen, bathrooms and more. Drought tolerant landscape, and 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, less than 0.2 miles from Cal State Fullerton University.

Last Agent to Rent the Property

Richard Mohr

RPM Real Estate Services License #00482323 Listed on: 06/02/2023

Last Renter's Agent

Richard Mohr

RPM Real Estate Services License #00482323 Listed on: 06/02/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1932

Lot Details

  • 6,250 Sq Ft Lot
  • No Common Walls
  • Paved or Partially Paved Lot

Parking

  • Up Slope from Street

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,350 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Utility Room
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Central Air

Listing and Financial Details

  • Security Deposit $3,600
  • 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

Year Built

Built in 1932

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2022-07-08
  • Credit Check Paid By: Tenant
  • Deposit Security: 3600
  • Furnished: Unfurnished

Listing Details

  • Structure Type: Duplex
  • Property Attached: No
  • Subdivision Name Other: Custom
  • View: No
  • Property Sub Type: Duplex
  • Property Type: Residential Lease
  • Parcel Number: 33935109
  • Year Built: 1932
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1350.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 2.89
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Utility Room

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

Lot Info

  • Additional Parcels: No
  • Lot Features: Near Public Transit, Paved, Up Slope from Street, 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

Listed on
Jul 9, 2022
Closed on
Jul 6, 2022
Sold by
Esmaeili Soumeeh Amir and Katoozi Niki
Bought by
Swp Rentals Inc
Seller's Agent
Richard Mohr
RPM Real Estate Services
Buyer's Agent
Regina Ferron
Jason Mitchell Real Estate California, Inc.
Sold Price
$3,900
Current Estimated Value
$1,035,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,031,744
Avg. Annual Appreciation
-1.66%
Original Mortgage
$375,000
Outstanding Balance
$356,801
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$724,219

Purchase Details

Listed on
Aug 24, 2021
Closed on
Nov 2, 2021
Sold by
Feldman Emily F and Feldman Anna R
Bought by
Soumeeh Amir Esmaeili and Soumeeh Niki Katoozi
Seller's Agent
Priscilla C. Miller
Alta Realty Group CA, Inc
Buyer's Agent
Adrian Soumeeh
Amir Soumeeh, Broker
List Price
$615,000
Sold Price
$605,000
Premium/Discount to List
-$10,000
-1.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
176.04%
Original Mortgage
$423,000
Interest Rate
2.99%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 30, 2015
Closed on
Mar 12, 2015
Sold by
Bui Dennis Minh
Bought by
Feldman Emily F and Feldman Anna R
Seller's Agent
Steve Ambuehl
Ricci Realty
Buyer's Agent
Bernadette Smith
Bernadette Smith, Broker
List Price
$415,000
Sold Price
$380,000
Premium/Discount to List
-$35,000
-8.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.28%
Original Mortgage
$373,117
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
May 5, 2014
Closed on
Apr 29, 2014
Sold by
Vanbui Vivian Hong
Bought by
Bui Dennis Minh
Seller's Agent
Steve Ambuehl
Ricci Realty
Buyer's Agent
Steve Ambuehl
Ricci Realty
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
75.68%

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:

--
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
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 Prior Sale
07/26/2023 07/26/23 Rented $3,900 0.0% --
06/02/2023 06/02/23 For Rent $3,900 0.0% --
07/23/2022 07/23/22 Rented $3,900 +8.3% --
07/09/2022 07/09/22 For Rent $3,600 0.0% --
07/08/2022 07/08/22 Sold $1,147,000 -2.6% $604 / Sq Ft View Prior Sale
07/05/2022 07/05/22 Pending -- -- --
06/20/2022 06/20/22 Price Changed $1,178,000 -1.8% $620 / Sq Ft
06/13/2022 06/13/22 For Sale $1,200,000 +98.3% $632 / Sq Ft
11/19/2021 11/19/21 Sold $605,000 -1.6% $465 / Sq Ft View Prior Sale
10/20/2021 10/20/21 Pending -- -- --
09/28/2021 09/28/21 For Sale $615,000 0.0% $473 / Sq Ft
09/21/2021 09/21/21 Pending -- -- --
08/24/2021 08/24/21 For Sale $615,000 +1.7% $473 / Sq Ft
08/23/2021 08/23/21 Off Market $605,000 -- --
04/10/2015 04/10/15 Sold $380,000 0.0% $292 / Sq Ft View Prior Sale
03/06/2015 03/06/15 Pending -- -- --
02/27/2015 02/27/15 Price Changed $379,900 -4.8% $292 / Sq Ft
02/24/2015 02/24/15 Price Changed $399,000 -3.9% $307 / Sq Ft
01/30/2015 01/30/15 For Sale $415,000 +84.4% $319 / Sq Ft
05/05/2014 05/05/14 Sold $225,000 0.0% $225 / Sq Ft View Prior Sale
05/05/2014 05/05/14 Pending -- -- --
05/05/2014 05/05/14 For Sale $225,000 -- $225 / 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 $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: PW23097463

California Regional Multiple Listing Service (CRMLS)

APN: 339-351-09