NOT LISTED FOR SALE

56450 Olive St Thermal, CA 92274

Estimated Value: $365,000 - $407,000

2 Beds
2 Baths
992 Sq Ft
$394/Sq Ft Est. Value

Last Sold November 27, 2024

Last sale price $366,700 $370 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,284/month

74 Days on Market

Highlights

  • Mountain View
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Living Room

About This Home

As of November 2024

A 2-bedroom, 2-bathroom home on a corner lot available in Thermal, CA! Extra outdoor space for more prominent landscaping opportunities. The property is fully fenced, has a large driveway and a covered parking area. The kitchen has a large island, that opens to the living area. Check out nearby amenities such as shopping, schools, and healthcare facilities.

Last Agent to Sell the Property

Brandy Nelson

Equity Union License #01471742 Listed on: 08/09/2024

Equity Union

Last Buyer's Agent

Enrique Dominguez Cabanil

HomeSmart License #01958887

HomeSmart

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1973

Lot Details

  • 0.31

Interior Spaces

  • 992 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Mountain Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Parking Spaces
  • Driveway

Additional Features

  • 0.31 Acre Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 757051005

Home Details

Home Type

Single Family

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • List Price per Sq Ft: 369.66
  • Lp Sp Ratio: 1.0000
  • View Type: Mountain(s)
  • Year Built: 1973
  • Listing I D: 219115252
  • Listing Member Address: 70115 Hwy 111, Rancho Mirage, CA 92270
  • Listing Member Fax: (760) 494-4795
  • Listing Office Address: 70115 Hwy 111, Rancho Mirage, CA 92270
  • Selling Member Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Selling Office Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Selling Office Fax: (760) 844-7550
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None

Interior Features

  • Flooring: Mixed
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Estimated Sq Ft: 992.00

Exterior Features

  • Planned Unit Development: No
  • View: Yes

Garage/Parking

  • Parking: Driveway
  • Total Covered Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning
  • Heating: Forced Air
  • Sewer: Unknown

Lot Info

  • Assessor Parcel Number: 757051005
  • Lot Size: 13504.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Unknown

Matterport 3D Tour

Floorplan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2024
Closed on
Nov 21, 2024
Sold by
Mortgage Equity Conversion Asset Trust and Us Bank National Association
Bought by
Castillero Edwin Eduardo Bern and Casillas Elizabeth
Seller's Agent
Brandy Nelson
Equity Union
Buyer's Agent
Enrique Dominguez Cabanil
HomeSmart
List Price
$386,000
Sold Price
$366,700
Premium/Discount to List
-$19,300
-5%
Views
125
Current Estimated Value
$390,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,844
Avg. Annual Appreciation
5.30%
Original Mortgage
$100,000
Outstanding Balance
$98,628
Interest Rate
5.4%
Estimated Equity
$291,916

Purchase Details

Closed on
Mar 14, 2024
Sold by
Nat'L Default Svcs Corporation
Bought by
Us Bank National Association

Purchase Details

Closed on
Feb 6, 2024
Sold by
Salasaustin Ernestina
Bought by
Salasaustin Ernestina and Salas Rosalinda

Purchase Details

Closed on
Nov 8, 2007
Sold by
Salas Ofelia G
Bought by
Salas Ofelia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
4.25%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Oct 30, 2000
Sold by
Perez Antonio R and Perez Ofelia G
Bought by
Salas Ofelia G and Perez Ofelia G
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
Castillero Edwin Eduardo Bern $367,000 None Listed On Document
Castillero Edwin Eduardo Bern $367,000 None Listed On Document
Us Bank National Association $203,510 None Listed On Document
Salasaustin Ernestina -- None Listed On Document
Salas Ofelia G -- Southland Title Inland Empir
Salas Ofelia G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castillero Edwin Eduardo Bern $100,000
Closed Castillero Edwin Eduardo Bern $100,000
Open Castillero Edwin Eduardo Bern $289,987
Closed Castillero Edwin Eduardo Bern $289,987
Previous Owner Salas Ofelia G $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2024 11/27/24 Sold $366,700 0.0% $370 / Sq Ft
10/22/2024 10/22/24 Pending -- -- --
09/09/2024 09/09/24 Price Changed $366,700 -5.0% $370 / Sq Ft
08/09/2024 08/09/24 For Sale $386,000 -- $389 / Sq Ft
Source: California Desert Association of REALTORS®

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 $3,068 $366,700 $92,000 $274,700
2023 $3,068 $51,043 $4,492 $46,551
2022 $1,315 $50,043 $4,404 $45,639
2021 $1,265 $49,063 $4,318 $44,745
2020 $1,252 $48,561 $4,274 $44,287
2019 $1,234 $47,610 $4,191 $43,419
2018 $1,215 $46,677 $4,109 $42,568
2017 $1,232 $45,763 $4,029 $41,734
2016 $1,031 $44,866 $3,950 $40,916
2015 $1,004 $44,194 $3,892 $40,302
2014 $1,002 $43,330 $3,817 $39,513
Source: Public Records

Agents Affiliated with this Home

  • Brandy Nelson

    Seller's Agent in 2024

    Brandy Nelson

    Equity Union

    (760) 592-1571

    1 in this area

    154 Total Sales

    Brandy Nelson
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Map

Source: California Desert Association of REALTORS®

MLS Number: 219115252

California Desert Association of REALTORS®

APN: 757-051-005

California Riverside County Thermal 92274

56450 Olive St, Thermal, CA

Not Listed for Sale

Detached

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