NOT LISTED FOR SALE

525 E Olive Ave Sunnyvale, CA 94086

Heritage District Neighborhood

Estimated Value: $1,863,000 - $2,365,000

3 Beds
2 Baths
1,358 Sq Ft
$1,548/Sq Ft Est. Value

Last Sold September 15, 2016

Last sale price $1,239,000 $912 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $12,205/month

23 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Balcony
  • Sunnyvale Middle School Rated A-
  • Granite Countertops
  • 2 Car Attached Garage

About This Home

As of September 2016

Wonderful Sunnyvale Family Home in the Heart of Silicon Valley! Located on a corner lot, and across the street from Ellis Elementary School, this beautifully updated home offers three bedrooms and two full bathrooms. Enter into the open concept living-dining room that greets you with newly refinished hardwood floors and designer paint and finishes throughout. The chef's kitchen is adorned with granite countertops, designer cabinets, stainless steel appliances, and an elegant coffered ceiling. A tiled patio with a pergola frames a nice sized backyard, complete with raised garden beds, mature fruit trees, and plenty of space for children to play. You'll find the perfect private retreat at the back of the house in your extra large master bedroom with a coffered ceiling and walk-in closet. East Olive is located just minutes from major tech companies, freeways, transit and Downtown Sunnyvale's popular S. Murphy Avenue. In the Heritage District, where a neighborhood is still a neighborhood!

Last Agent to Sell the Property

Dawn Thomas

Golden Gate Sotheby's International Realty License #01460529 Listed on: 07/25/2016

Golden Gate Sotheby's International Realty

Last Buyer's Agent

Jim and Denise Myrick

KW Bay Area Estates License #00893246

KW Bay Area Estates

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 5,619 Sq Ft Lot
  • Kennel or Dog Run
  • Wood Fence
  • Level Lot
  • Sprinklers on Timer
  • Drought Tolerant Landscaping
  • Grass Covered Lot
  • Back Yard
  • Zoning described as R0

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 1,358 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Dining Room
  • Crawl Space
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Dual Sinks
  • Low Flow Toliet
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Outdoor Features

  • Balcony
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 209-21-011

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

5,619 Sq Ft Lot

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Listing Class: Residential
  • Structure Sq Ft: 1358
  • Year Built: 1948
  • Zoning Description: R0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining "L", Eat in Kitchen, No Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Ice Maker, Microwave, Oven - Gas, Pantry Cabinet, Refrigerator
  • Living Sq Ft: 1358
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Hardwood, Tile
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Granite, Shower and Tub, Stall Shower, Tile, Updated Bath

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Dog Run / Kennel, Drought Tolerant Plants, Fenced, Low Maintenance, Sprinklers - Auto, Storage Shed / Structure
  • Fencing: Fenced, Wood

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Walk-in Closet

Schools

  • High School: 257

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 209-21-011
  • Lot Acres: 0.1290
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5610.53
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5610.53

Green Features

  • Energy Features: Double Pane Windows, Energy Star Appliances, Low Flow Toilet

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Fremont Union High
  • Elementary School Text: Ellis Elementary
  • High School Text: Fremont High
  • Middle School Text: Sunnyvale Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2016
Closed on
Sep 1, 2016
Sold by
Stewart Kenneth Anderson and Mccabe Stewart Tracy
Bought by
Chitumalla Pavan Kumar and Tarigopula Ragavika
Seller's Agent
Dawn Thomas
Golden Gate Sotheby's International Realty
Buyer's Agent
Jim and Denise Myrick
KW Bay Area Estates
List Price
$1,249,000
Sold Price
$1,239,000
Premium/Discount to List
-$10,000
-0.8%
Current Estimated Value
$2,101,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$862,918
Avg. Annual Appreciation
5.75%
Original Mortgage
$991,200
Outstanding Balance
$793,509
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,308,409

Purchase Details

Listed on
Feb 22, 2012
Closed on
Mar 16, 2012
Sold by
Jafari Mir Behdad and Jafari Farideh H
Bought by
Stewart Kenneth Anderson and Mccabe Stewart Tracy
Seller's Agent
Lilly Ham
Intero Real Estate Services
Buyer's Agent
Daryl Zarosi
Paul Majoulet, Broker
List Price
$649,999
Sold Price
$700,000
Premium/Discount to List
$50,001
7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.59%
Original Mortgage
$528,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2011
Sold by
Klise Rene and Roberts Lori Sevilla
Bought by
Jafari Mir Behdad and Jafari Farideh H

Purchase Details

Closed on
Jul 20, 1999
Sold by
Sevilla Mary F
Bought by
Sevilla Mary F
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
Chitumalla Pavan Kumar $1,239,000 Lawyers Title Company
Stewart Kenneth Anderson $700,000 None Available
Jafari Mir Behdad $470,000 Old Republic Title Company
Sevilla Mary F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chitumalla Pavan Kumar $991,200
Previous Owner Stewart Kenneth Anderson $528,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2016 09/15/16 Sold $1,239,000 -0.8% $912 / Sq Ft
08/18/2016 08/18/16 Pending -- -- --
07/25/2016 07/25/16 For Sale $1,249,000 +78.4% $920 / Sq Ft
03/23/2012 03/23/12 Sold $700,000 +7.7% $512 / Sq Ft View Prior Sale
02/29/2012 02/29/12 Pending -- -- --
02/22/2012 02/22/12 For Sale $649,999 -- $475 / Sq Ft
Source: MLSListings

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 $16,520 $1,437,961 $1,160,584 $277,377
2024 $16,520 $1,409,767 $1,137,828 $271,939
2023 $16,369 $1,382,125 $1,115,518 $266,607
2022 $16,110 $1,355,026 $1,093,646 $261,380
2021 $15,876 $1,328,457 $1,072,202 $256,255
2020 $15,675 $1,314,836 $1,061,208 $253,628
2019 $15,322 $1,289,055 $1,040,400 $248,655
2018 $15,016 $1,263,780 $1,020,000 $243,780
2017 $14,821 $1,239,000 $1,000,000 $239,000
2016 $8,776 $742,726 $530,519 $212,207
2015 $8,825 $731,571 $522,551 $209,020
2014 $8,650 $717,241 $512,315 $204,926
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Dawn Thomas

    Golden Gate Sotheby's International Realty

    Section Image

  • J

    Buyer's Agent in 2016

    Jim and Denise Myrick

    KW Bay Area Estates

    Section Image

  • L

    Seller's Agent in 2012

    Lilly Ham

    Intero Real Estate Services

  • D

    Buyer's Agent in 2012

    Daryl Zarosi

    Paul Majoulet, Broker

    Section Image
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Map

Source: MLSListings

MLS Number: ML81596822

MLSListings

APN: 209-21-011

California Santa Clara County Sunnyvale 94086 Heritage District

525 E Olive Ave, Sunnyvale, CA

Not Listed for Sale

Detached

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