Seller's Agent in 2023
Denis Dolginov
DOLAN REALTY COMPANY
(310) 526-3266
3 in this area
240 Total Sales
5535 Olvera Ave San Diego, CA 92114
Valencia Park NeighborhoodEstimated Value: $877,000 - $1,093,000
5
Beds
2.5
Baths
2,365
Sq Ft
$413/Sq Ft
Est. Value
Highlights
- Ocean View
- Laundry Room
- Stacked Washer and Dryer
- No HOA
- Central Heating and Cooling System
- Back and Front Yard
About This Home
As of December 2023Welcome to 5535 Olvera Avenue, an absolutely stunning and rare home located in the highly desired hills of Encanto. Featuring jaw dropping views of Downtown, the Coronado Bridge and the ocean, a separate income producing unit and the opportunity to own a double lot (next door lot sold separately), this property is truly one of a kind. The main house and additional unit have been fully re-designed and re-imagined and include upgrades such as new windows, a new HVAC, multiple walk-in closets, custom landscaping, beautiful new flooring, new fencing, the most modern fixtures and the list goes on and on!!! Envisioned around the art of entertaining, you will be walk into an open floor-plan concept that flows effortlessly from one to the next, both indoor and out. From the artfully crafted custom kitchen to the oversized living room that flows into the huge wrap around deck, to the luxurious bedrooms and custom designed bathrooms, this place will surely leave you in awe! The bonus unit has a separate kitchen, bedroom, bathroom, and huge closet space. Whether you use this for your dream family compound or rent out the unit for serious cash flow, the choice is yours! The backyard is perfect for entertaining! Featuring a deep and flat lot, a huge covered patio area and beautiful views all surrounded by gorgeous plants and trees! Located near schools, parks, restaurants and a short drive to Downtown, the Bay and airport. Don't miss out on this opportunity!
Last Agent to Sell the Property
DOLAN REALTY COMPANY License #02013278 Listed on: 11/01/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,616
Year Built
- Built in 1961
Lot Details
- 6,100 Sq Ft Lot
- Back and Front Yard
- Property is zoned RS-1-7
Property Views
- Ocean
- City Lights
Home Design
- Entry on the 1st floor
Interior Spaces
- 2,365 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 5 Main Level Bedrooms
Laundry
- Laundry Room
- Stacked Washer and Dryer
Additional Features
- Suburban Location
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Encanto Subdivision
Listing and Financial Details
- Legal Lot and Block 10 / 23
- Tax Tract Number 2008
- Assessor Parcel Number 5484730500
- $33 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 1, 2023
Closed on
Nov 28, 2023
Sold by
Ikonik Property Holdings Llc
Bought by
Salazar Lucas and Garner Alissa
Seller's Agent
Denis Dolginov
DOLAN REALTY COMPANY
Buyer's Agent
Brad Michels
eXp Realty of California, Inc.
List Price
$849,900
Sold Price
$950,000
Premium/Discount to List
$100,100
11.78%
Views
242
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,851
Avg. Annual Appreciation
1.55%
Original Mortgage
$902,500
Outstanding Balance
$888,333
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$88,518
Purchase Details
Closed on
Feb 28, 2018
Sold by
Johnson Martin Drewmen and Johnson Lois Lebeth
Bought by
Johnson Martin Drewmen and Johnson Lois Labeth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$690,000
Interest Rate
4.79%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Purchase Details
Closed on
May 5, 2003
Sold by
Johnson Lois L
Bought by
Johnson Martin Drewmen and Johnson Loislabeth
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Salazar Lucas | $950,000 | Lawyers Title Company | |
| Johnson Martin Drewmen | -- | Placer Title Company | |
| Johnson Martin Drewmen | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Salazar Lucas | $902,500 | |
| Previous Owner | Johnson Martin Drewmen | $690,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/08/2023 12/08/23 | Sold | $950,000 | 0.0% | $402 / Sq Ft | |
| 11/14/2023 11/14/23 | Price Changed | $949,900 | +11.8% | $402 / Sq Ft | |
| 11/13/2023 11/13/23 | Pending | -- | -- | -- | |
| 11/01/2023 11/01/23 | For Sale | $849,900 | +41.7% | $359 / Sq Ft | |
| 08/08/2023 08/08/23 | Sold | $600,000 | -24.9% | $341 / Sq Ft | View Prior Sale |
| 07/06/2023 07/06/23 | Price Changed | $799,000 | -11.2% | $454 / Sq Ft | |
| 05/19/2023 05/19/23 | For Sale | $900,000 | +50.0% | $511 / Sq Ft | |
| 05/18/2023 05/18/23 | Off Market | $600,000 | -- | -- | |
| 05/15/2023 05/15/23 | For Sale | $900,000 | +50.0% | $511 / Sq Ft | |
| 05/14/2023 05/14/23 | Off Market | $600,000 | -- | -- | |
| 04/20/2023 04/20/23 | For Sale | $900,000 | -- | $511 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $11,616 | $969,000 | $714,000 | $255,000 |
| 2024 | $11,616 | $950,000 | $700,000 | $250,000 |
| 2023 | $884 | $69,441 | $18,843 | $50,598 |
| 2022 | $861 | $68,080 | $18,474 | $49,606 |
| 2021 | $855 | $66,746 | $18,112 | $48,634 |
| 2020 | $845 | $66,063 | $17,927 | $48,136 |
| 2019 | $831 | $64,769 | $17,576 | $47,193 |
| 2018 | $778 | $63,500 | $17,232 | $46,268 |
| 2017 | $80 | $62,256 | $16,895 | $45,361 |
| 2016 | $746 | $61,036 | $16,564 | $44,472 |
| 2015 | $736 | $60,120 | $16,316 | $43,804 |
| 2014 | $725 | $58,943 | $15,997 | $42,946 |
Source: Public Records
Agents Affiliated with this Home
-
Denis Dolginov
-
Veronica Callaway
Seller's Agent in 2023
Veronica Callaway
Carter & Carter, Inc
(760) 265-4332
1 in this area
6 Total Sales
-
Brad Michels
Buyer's Agent in 2023
Brad Michels
eXp Realty of California, Inc.
(619) 742-4170
1 in this area
73 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV23203388
APN: 548-473-05
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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