NOT LISTED FOR SALE

529 W Olive Ave El Centro, CA 92243

Estimated Value: $428,000 - $481,909

9 Beds
5 Baths
2,140 Sq Ft
$211/Sq Ft Est. Value

Last Sold June 26, 2013

Last sale price $170,500 $80 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $2,521/month

15 Days on Market

About This Home

As of June 2013

WOW!! FHA Appraisal on file for $170,500!! All we need is a buyer! This is a regular sale! Not a foreclosure or short sale!! Check out these four 515 sqft 2 bedroom 1 bathroom cottages on one lot. Property generates $2325 a month in income! Located in established neighborhood, within walking distance from downtown El Centro, and with some long-term tenants!

Last Agent to Sell the Property

Matthew Cowie

Prince & Associates Realtors License #01737581 Listed on: 05/08/2013

Last Buyer's Agent

Matthew Cowie

Prince & Associates Realtors License #01737581 Listed on: 05/08/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,267

Year Built

  • Built in 1940

Lot Details

  • 8,400 Sq Ft Lot

Interior Spaces

  • 2,140 Sq Ft Home
  • 1-Story Property
  • Gas Oven or Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Community Details

  • Townsite Of El Centro Subdivision

Listing and Financial Details

  • Assessor Parcel Number 053192006000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,267

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Acreage: 0.1928
  • Price/ Sq Ft: 79.44
  • Advertising Remarks: WOW!! FHA Appraisal on file for $170,500!! All we need is a buyer! This is a regular sale! Not a foreclosure or short sale!! Check out these four 515 sqft 2 bedroom 1 bathroom cottages on one lot. Property generates $2325 a month in income! Located in established neighborhood, within walking distance from downtown El Centro, and with some long-term tenants!
  • Assessor Parcel Number: 053192006000
  • Street Address: 529 OLIVE
  • Street Name Display: True
  • Street Number Display: True
  • Year Built: 1940
  • Builders Tract Name: TOWNSITE OF EL CENTRO
  • State Abbrv: CA
  • Number Of Photos: 5
  • Sale Agent Board: OUT OF AREA BOARD
  • Sale Agent Broker I D: IC3117
  • Sale Agent Cell: 760-604-3166
  • Sale Agent Email: matt@princerealtors.com
  • Sale Agent Fax: 760-482-1257
  • Sale Agent First Name: Matthew
  • Sale Agent I D: IC3117
  • Sale Agent Last Name: Cowie
  • Sale Agent License Number: 01737581
  • Sale Agent Office I D: IC3432
  • Sale Agent Office Phone: 760-337-4022
  • Sale Agent Phone: 760-337-4020
  • Sale Agent Website: https://www.princerealtors.com
  • Sale Broker License Number: 01737581
  • Sale Office Address1: 343 S. 8th St.
  • Sale Office Address2: Suite B
  • Sale Office Broker I D: IC3117
  • Sale Office City: El Centro
  • Sale Office Fax: 760-482-1255
  • Sale Office I D: IC3432
  • Sale Office Name: Prince & Associates Realtors
  • Sale Office Phone: 760-337-4022
  • Sale Office State: CA
  • Sale Office Website: http://PrinceRealtors.com
  • Sale Office Zip: 92243
  • Sale Or Lease: Sale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Equipment: Oven/Range-Gas, Refrigerator
  • Living Area: 2140
  • Total Bathrooms: 5.00
  • Bedrooms: 9

Exterior Features

  • Stories: 1

Utilities

  • Cooling: Other
  • Heating: Other

Lot Info

  • Lot Size Area: 8400

Tax Info

  • Tax Total: 1659.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2017
Sold by
Chao Rafael
Bought by
Chao Rafael
Current Estimated Value
$427,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.83%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 16, 2017
Sold by
Gastelum Angel G
Bought by
Chao Rafael

Purchase Details

Listed on
May 8, 2013
Closed on
May 30, 2013
Sold by
Balboa Mayra
Bought by
Gastelum Angel G
Seller's Agent
Matthew Cowie
Prince & Associates Realtors
Buyer's Agent
Matthew Cowie
Prince & Associates Realtors
List Price
$170,000
Sold Price
$170,500
Premium/Discount to List
$500
0.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.34%
Original Mortgage
$167,411
Interest Rate
3.48%
Mortgage Type
FHA

Purchase Details

Listed on
May 8, 2013
Closed on
May 29, 2013
Sold by
Ikard Shane and Ikard Eddie
Bought by
Gastelum Angel G
Seller's Agent
Matthew Cowie
Prince & Associates Realtors
Buyer's Agent
Matthew Cowie
Prince & Associates Realtors
List Price
$170,000
Sold Price
$170,500
Premium/Discount to List
$500
0.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,411
Interest Rate
3.48%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 23, 2010
Sold by
Tavernier Frank Z and Tavemier Armida P
Bought by
Ikard Shane and Ikard Eddie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.33%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 22, 2010
Sold by
Ikard Patricia
Bought by
Ikard Shane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.33%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 19, 1999
Sold by
Velazquez Salvador G and Velazquez E D
Bought by
Tavernier Frank Z and Tavernier Armida P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000
Interest Rate
8.09%
Mortgage Type
Seller Take Back
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
Chao Rafael -- Stewart Title Of Ca Inc
Chao Rafael $165,000 None Available
Gastelum Angel G -- Chicago Title Company
Gastelum Angel G $170,500 Chicago Title Company
Ikard Shane $135,000 Chicago Title Company
Ikard Shane -- Chicago Title Company
Tavernier Frank Z $36,500 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Chao Rafael $0
Open Chao Rafael $100,000
Open Chao Rafael $189,000
Closed Chao Rafael $60,000
Previous Owner Gastelum Angel G $167,411
Previous Owner Ikard Shane $90,000
Previous Owner Tavernier Frank Z $6,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2013 06/26/13 Sold $170,500 +0.3% $80 / Sq Ft
05/23/2013 05/23/13 Pending -- -- --
05/08/2013 05/08/13 For Sale $170,000 -- $79 / Sq Ft
Source: Imperial County Association of REALTORS®

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 $2,267 $200,650 $45,510 $155,140
2023 $2,267 $192,861 $43,744 $149,117
2022 $2,165 $189,081 $42,887 $146,194
2021 $2,111 $185,375 $42,047 $143,328
2020 $2,151 $183,475 $41,616 $141,859
2019 $2,086 $179,878 $40,800 $139,078
2018 $1,946 $165,000 $40,000 $125,000
2017 $2,116 $178,252 $31,830 $146,422
2016 $2,074 $174,757 $31,206 $143,551
2015 $2,044 $172,133 $30,738 $141,395
2014 $1,999 $168,762 $30,136 $138,626
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Imperial County Association of REALTORS®

MLS Number: 35061IC

Imperial County Association of REALTORS®

APN: 053-192-006-000