NOT LISTED FOR SALE

5406 Black Olive Dr Paradise, CA 95969

Estimated Value: $68,000 - $363,896

4 Beds
2 Baths
1,651 Sq Ft
$131/Sq Ft Est. Value

Last Sold December 28, 2017

Last sale price $244,758 $148 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $1,154/month

27 Days on Market

Highlights

  • View of Trees or Woods
  • Two Homes on a Lot
  • Mountainous Community
  • Contemporary Architecture
  • Laundry Room
  • Detached Carport Space

About This Home

As of December 2017

Two homes on one large lot!! Turn key investment opportunity ready for a new owner. Desirable Paradise location, half block to city park and shops. A path backs up to the property. 5406 Black Olive is a 1 bed, 1 bath cozy home with detached bonus room with walk in closet. Lots of character with the knotty pine tongue and groove walls in the living room. There is a garage for extra storage and two off street parking spaces.
5408 Black Olive is 2 bedroom, 1 bathroom charming home with a tub/ shower combo, inside laundry room, laminate floors and a detached garage/shop space. Both homes have been recently updated with fresh interior/exterior paint and many cosmetic upgrades like new laminate in the 5408 bathroom, new ceiling fan and some new oil rubbed bronze door hardware. Both homes have fully fenced backyards. This is a great turn key investment opportunity or purchase this property to live in one home and rent out the other home. (Sq. ft.from appraisal, bed/baths , & lot size taken public records & has not been verified by agent. The information contained herein has been obtained through sources deemed reliable but cannot be guaranteed as to its accuracy Buyer/Tenant is advised to investigate to their satisfaction. Any information of special interest should be obtained through independent verification.)

Last Agent to Sell the Property

Eric Stofa

Parkway Real Estate Co. License #01904078 Listed on: 10/24/2017

Last Buyer's Agent

Ricky Nystrom

D.R Horton CA2, Inc. License #02037082

D.R Horton CA2, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 0.27 Acre Lot
  • No Common Walls
  • Chain Link Fence

Home Design

  • Contemporary Architecture
  • Turnkey
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,651 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Views of Woods
  • Fire and Smoke Detector
  • Microwave
  • Laundry Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 5 Parking Spaces
  • Detached Carport Space
  • Parking Available
  • Driveway

Outdoor Features

  • Outbuilding
  • Rain Gutters

Additional Homes

  • Two Homes on a Lot

Utilities

  • Wall Furnace
  • Standard Electricity
  • Conventional Septic

Listing and Financial Details

  • Assessor Parcel Number 052231005000

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Mountainous Community

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0.27 Acres

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 052231005000
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 148.25
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Concrete Perimeter
  • Other Structures: Outbuilding, Two On A Lot
  • Exterior Features: Rain Gutters
  • View: Trees/Woods
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Detached Carport, Driveway
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Microwave
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Conventional Septic
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Mountainous

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 11761.00

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 22.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2019
Sold by
Miller Carol and Miller Kyle R
Bought by
Singh Ranjeet and Kaur Adarshdeep
Current Estimated Value
$215,948

Purchase Details

Listed on
Oct 24, 2017
Closed on
Dec 19, 2017
Sold by
Bill Barbara Louise
Bought by
Miller Carol and Miller Kyle R
Seller's Agent
Eric Stofa
Parkway Real Estate Co.
Buyer's Agent
Ricky Nystrom
D.R Horton CA2, Inc.
List Price
$259,500
Sold Price
$244,758
Premium/Discount to List
-$14,742
-5.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.53%

Purchase Details

Closed on
Mar 24, 2017
Sold by
Bill Barbara
Bought by
Bill Barbara Loulse

Purchase Details

Closed on
Nov 21, 2016
Sold by
Mccarthy Katheren Jo
Bought by
Bill Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,125
Interest Rate
3.47%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 10, 2016
Sold by
Mccarthy Brent
Bought by
Mccarthy Katheren Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,125
Interest Rate
3.47%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 26, 2016
Sold by
Mccarthy Katheren Jo
Bought by
Mccarthy Katheen Jo and Mccarthy Brent

Purchase Details

Closed on
Apr 17, 2006
Sold by
Zimmerman Tod and Zimmerman Doreen
Bought by
Mccarthy Katheren Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,000
Interest Rate
6.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 6, 2006
Sold by
Mccarthy Michael J
Bought by
Mccarthy Katheren Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,000
Interest Rate
6.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 23, 2003
Sold by
Gaal Elizabeth and Roebuck Gizella
Bought by
Zimmerman Tod and Zimmerman Doreen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,200
Interest Rate
5.75%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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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
Singh Ranjeet $21,500 Timios Title
Miller Carol $245,000 Timios Title
Bill Barbara Loulse -- None Available
Bill Barbara $197,500 Mid Valley Title & Escrow
Mccarthy Katheren Jo $75,000 Mid Valley Title & Escrow Co
Mccarthy Katheen Jo $75,000 Mid Valley Title & Escrow Co
Mccarthy Katheren Jo $250,000 Bidwell Title & Escrow Co
Mccarthy Katheren Jo -- Bidwell Title & Escrow Co
Zimmerman Tod $166,500 Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bill Barbara $148,125
Previous Owner Mccarthy Katheren Jo $191,000
Previous Owner Zimmerman Tod $133,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2017 12/28/17 Sold $244,758 -5.7% $148 / Sq Ft
10/24/2017 10/24/17 For Sale $259,500 -- $157 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $494 $23,511 $23,511 --
2024 $494 $23,050 $23,050 $0
2023 $327 $22,599 $22,599 $0
2022 $538 $22,156 $22,156 $0
2021 $317 $21,722 $21,722 $0
2020 $305 $21,500 $21,500 $0
2019 $269 $25,000 $25,000 $0
2018 $2,144 $203,235 $112,596 $90,639
2017 $2,206 $201,450 $81,600 $119,850
2016 $1,644 $150,000 $60,000 $90,000
2015 $1,642 $150,000 $60,000 $90,000
2014 $1,647 $150,000 $70,000 $80,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN17242743

California Regional Multiple Listing Service (CRMLS)

APN: 052-231-005-000

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