NOT LISTED FOR SALE

4501 Olive Ave La Mesa, CA 91942

Estimated Value: $834,000 - $993,000

3 Beds
2 Baths
1,517 Sq Ft
$599/Sq Ft Est. Value

Last Sold February 01, 2012

Last sale price $278,000 $183 Per Sq Ft

Est. 227% increase in value since last sale

Current estimated payment $5,352/month

Highlights

  • Bonus Room
  • Laundry Room
  • Partially Fenced Property
  • La Mesa Arts Academy Rated A-
  • Detached Carport Space
  • Level Lot

About This Home

As of February 2012

Bank Owned! Great starter home or investment property. Located in beautiful La Mesa with a great price. Walking distance to restaurants and shopping. Neighborhood shows pride of ownership and many longer term owners. Some upgrades have been made throughout this home. Hardwood floors and granite counter tops, Dual pane, vinyl windows. [Supplement]: The seller has never occupied the property and is exempt from supplying the buyer with a TDS. This home is being sold in its current as is condition. The buyer is to complete thorough investigations before close of escrow. The buyer and selling agent shall verify all information contained herein before close of escrow. Information contained herein is deemed reliable but is not guaranteed. Seller Addendum/Counterproposal to be part of contract.

Last Agent to Sell the Property

David Detiege

HomeSmart Realty West License #01732995 Listed on: 02/01/2012

HomeSmart Realty West

Co-Listed By

Gary Sopata

Coldwell Banker Realty License #00669693

Last Buyer's Agent

Jared Kelley

Mission Realty Group License #01793501

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,385

Year Built

  • Built in 1942

Lot Details

  • 5,600 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Parking

  • 2 Car Garage
  • Detached Carport Space
  • Parking Available

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 1,517 Sq Ft Home
  • 1-Story Property
  • Bonus Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Listing and Financial Details

  • Assessor Parcel Number 4695021200

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,385

Year Built

Built in 1942

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: LA MESA
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4695021200
  • Year Built: 1942
  • Special Features: None

Interior Features

  • Living Area: 1517.00 Square Feet
  • Stories: 1
  • Appliances: No
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Price Per Square Foot: 183.26
  • Room Type: Bonus Room

Exterior Features

  • Fence: Yes
  • Fencing: Partial
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Detached Carport
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Closet, Stackable, Gas Dryer Hookup

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 5600.00
  • Lot Size Acres: 0.1286

Multi Family

  • Lot Size Area: 5600.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2021
Sold by
Mihalik James Allen and Mihalik Deirdre
Bought by
Mihalik Deirdre
Current Estimated Value
$909,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$404,309
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$504,912

Purchase Details

Closed on
Apr 17, 2012
Sold by
Sorensen Alana R
Bought by
Mihalik James Allen and Mihalik Deirdre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,191
Interest Rate
3.85%
Mortgage Type
VA

Purchase Details

Listed on
Feb 1, 2012
Closed on
Feb 15, 2012
Sold by
U S Bank National Association
Bought by
Sorensen Alana R
Seller's Agent
David Detiege
HomeSmart Realty West
Buyer's Agent
Jared Kelley
Mission Realty Group
List Price
$280,250
Sold Price
$278,000
Premium/Discount to List
-$2,250
-0.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.06%
Original Mortgage
$243,750
Interest Rate
3.84%
Mortgage Type
Balloon

Purchase Details

Listed on
Feb 1, 2012
Closed on
Dec 9, 2011
Sold by
Hans Josh C
Bought by
U S Bank National Association
Seller's Agent
David Detiege
HomeSmart Realty West
Buyer's Agent
Jared Kelley
Mission Realty Group
List Price
$280,250
Sold Price
$278,000
Premium/Discount to List
-$2,250
-0.8%

Purchase Details

Closed on
Apr 11, 2006
Sold by
Hans Josh C
Bought by
Hans Josh C and Hans Tana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
6.55%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 28, 2004
Sold by
Hans Joshua C and Hans Tana
Bought by
Hans Joshua C and Hans Tana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.1%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 31, 2003
Sold by
Cain Michael and Cain Maricruz
Bought by
Hans Joshua C and Holdaway Tana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,200
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 1999
Sold by
Umns Hemme Ronald W and Hemme Dennis C
Bought by
Cain Michael and Cain Maricruz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
8.25%
Source: Public Records

Range of Values:

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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
Mihalik Deirdre -- Western Resources Title Co
Mihalik James Allen $381,000 Equity Title Company
Sorensen Alana R $278,000 Equity Title Orange County
U S Bank National Association $330,000 None Available
Hans Josh C -- None Available
Hans Josh C -- Chicago
Hans Joshua C -- Commonwealth Land Title Co
Hans Joshua C $369,000 New Century Title Company
Cain Michael $147,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mihalik Deirdre $450,000
Closed Mihalik James Allen $389,191
Previous Owner Sorensen Alana R $243,750
Previous Owner Hans Josh C $460,000
Previous Owner Hans Joshua C $100,000
Previous Owner Hans Joshua C $295,200
Previous Owner Cain Michael $105,000
Closed Hans Joshua C $73,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2012 02/01/12 Sold $278,000 -0.8% $183 / Sq Ft
02/01/2012 02/01/12 For Sale $280,250 -- $185 / 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 $6,385 $478,542 $240,992 $237,550
2024 $6,385 $469,160 $236,267 $232,893
2023 $6,174 $459,962 $231,635 $228,327
2022 $6,091 $450,944 $227,094 $223,850
2021 $6,005 $442,103 $222,642 $219,461
2020 $5,844 $437,571 $220,360 $217,211
2019 $5,758 $428,992 $216,040 $212,952
2018 $5,633 $420,581 $211,804 $208,777
2017 $50 $412,335 $207,651 $204,684
2016 $5,269 $404,251 $203,580 $200,671
2015 $5,202 $398,180 $200,523 $197,657
2014 $5,080 $390,382 $196,596 $193,786
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 120005836

California Regional Multiple Listing Service (CRMLS)

APN: 469-502-12