NOT LISTED FOR SALE

497 W Olive St Colton, CA 92324

Estimated Value: $453,000 - $595,000

2 Beds
1 Bath
976 Sq Ft
$510/Sq Ft Est. Value

Last Sold July 20, 2022

Last sale price $455,000 $466 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,076/month

5 Days on Market

Highlights

  • Quartz Countertops
  • Covered Patio or Porch
  • Laundry Room
  • No HOA
  • Bathtub with Shower
  • Tile Flooring

About This Home

As of July 2022

WELCOME TO 497 W OLIVE STREET. THIS HOME IS NEWLY REMODELED AND TURNED INTO AN EXCEPTIONAL OPEN CONCEPT WITH NEW LAMINATE FLOORING, NEW BEAUTIFUL LIGHTS, AND FRESHLY PAINTED INSIDE AND OUT. INSIDE YOU’LL SEE THE STUNNING LIVING AND KITCHEN WITH THEIR SERENE AND FRESH DESIGN. THE NEW KITCHEN COMES WITH QUARTZ COUNTERTOPS AND BRAND-NEW STEEL STAINLESS APPLIANCES. THIS HOME HAS A BRAND NEW ROOF ALSO HAS A DETACHED GARAGE WITH NEW GARAGE DOOR AND NEW CONCRETE FLOOR. COVERED PATIO WITH NEW CONCRETE SLAB AND NEW WATER HEATER. WITH 2 BEDROOMS AND 1 BATHROOM, THIS HOME IS LOVELY FOR ANY FAMILY. PLUS, WITH AN 8,850 SQFT LOT GIVES YOU OPTIONS FOR GET-TOGETHERS, CELEBRATIONS, OR EVEN MAKING ANOTHER HOUSE. LASTLY, ITS LOCATION IS VERY CONVENIENT, CLOSE TO THE FREEWAY, STORES, RESTAURANTS, AND MUCH MORE.

Last Agent to Sell the Property

Kris Luong

Harvest Realty Development License #01899793 Listed on: 06/17/2022

Harvest Realty Development

Last Buyer's Agent

JASMINE URRUTIA

REALTY MASTERS & ASSOCIATES License #02151648

REALTY MASTERS & ASSOCIATES

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 8,850 Sq Ft Lot
  • Back and Front Yard

Parking

  • 1 Car Garage

Interior Spaces

  • 976 Sq Ft Home
  • 1-Story Property

Kitchen

  • Gas Range
  • Range Hood
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 1 / A
  • Tax Tract Number 1782
  • Assessor Parcel Number 0161052130000
  • $103 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 0161052130000
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 976.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 466.19
  • Room Type: All Bedrooms Down
  • Bathroom Features: Bathtub, Shower In Tub
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Covered
  • Pool Private: No

Garage/Parking

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

Utilities

  • Utilities: Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Range Hood, Water Heater
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 8850.00
  • Lot Size Acres: 0.2032

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8850.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: A
  • Tax Census Tract: 66.03
  • Tax Lot: 1
  • Tax Tract Number: 1782
  • TaxOtherAnnualAssessmentAmount: 103.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2024
Sold by
Pacheco Castro Fernando and Pacheco Castro Jorge
Bought by
Castro Jorge Pacheco and Pacheco Claudia Lisbeth
Current Estimated Value
$497,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$429,562
Outstanding Balance
$424,626
Interest Rate
6.79%
Mortgage Type
FHA
Estimated Equity
$73,054

Purchase Details

Listed on
Jun 17, 2022
Closed on
Jul 12, 2022
Sold by
Everblooming Llc
Bought by
Pacheco Castro Fernando and Pacheco Castro Jorge
Seller's Agent
Kris Luong
Harvest Realty Development
Buyer's Agent
JASMINE URRUTIA
REALTY MASTERS & ASSOCIATES
List Price
$425,000
Sold Price
$455,000
Premium/Discount to List
$30,000
7.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.58%
Original Mortgage
$409,500
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2022
Sold by
Ltijan Daniel J and Ltijan Sue Karen
Bought by
Ever Blooming Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Castro Jorge Pacheco -- Stewart Title
Castro Jorge Pacheco -- Stewart Title
Pacheco Castro Fernando $455,000 Monarch Title
Pacheco Castro Jorge -- Monarch Title
Ever Blooming Llc -- New Title Company Name
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castro Jorge Pacheco $429,562
Closed Castro Jorge Pacheco $429,562
Previous Owner Pacheco Castro Fernando $409,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2022 07/20/22 Sold $455,000 +7.1% $466 / Sq Ft
06/25/2022 06/25/22 For Sale $425,000 -6.6% $435 / Sq Ft
06/22/2022 06/22/22 Off Market $455,000 -- --
06/22/2022 06/22/22 For Sale $425,000 -6.6% $435 / Sq Ft
06/22/2022 06/22/22 Pending -- -- --
06/21/2022 06/21/22 Off Market $455,000 -- --
06/17/2022 06/17/22 For Sale $425,000 -- $435 / 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 $5,900 $473,382 $142,015 $331,367
2024 $5,544 $464,100 $139,230 $324,870
2023 $5,558 $455,000 $136,500 $318,500
2022 $345 $25,437 $8,777 $16,660
2021 $352 $24,938 $8,605 $16,333
2020 $353 $24,683 $8,517 $16,166
2019 $344 $24,199 $8,350 $15,849
2018 $339 $23,724 $8,186 $15,538
2017 $328 $23,258 $8,025 $15,233
2016 $336 $22,802 $7,868 $14,934
2015 $326 $22,460 $7,750 $14,710
2014 $316 $22,020 $7,598 $14,422
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR22129140

California Regional Multiple Listing Service (CRMLS)

APN: 0161-052-13