NOT LISTED FOR SALE

56450 Olive St Thermal, CA 92274

Thermal Area

Estimated Value: $328,000 - $470,000

2 Beds
2 Baths
992 Sq Ft
$390/Sq Ft Est. Value

Sale Details

Date Sold: November 27, 2024

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

Est. 6% increase in value since last sale

Current estimated payment $2,582 / mo

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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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

  • 13,504 Sq Ft 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

0.31 Acres

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2024
Closed on
Nov 21, 2024
Sold by
Bought by
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
$387,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,380
Avg. Annual Appreciation
3.19%
Original Mortgage
$289,987
Outstanding Balance
$283,980
Interest Rate
5.75%
Mortgage Type
FHA
Estimated Equity
$103,100

Purchase Details

Closed on
Mar 14, 2024
Sold by
Bought by

Purchase Details

Closed on
Feb 6, 2024
Sold by
Bought by

Purchase Details

Closed on
Nov 8, 2007
Sold by
Bought by

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
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Thermal, CA

  • Carlos Ortega Real Estate Agent - C 21 Coachella Valley RE

    Carlos Ortega

    C 21 Coachella Valley RE

    (760) 387-8512

    119 Total Sales

    2 in Thermal

    $21,000 Price Range

    Carlos Ortega
     Section Image
  • Wilder Perez Real Estate Agent - Equity Smart Real Estate Servi

    Wilder Perez

    Equity Smart Real Estate Servi

    (760) 919-4082

    30 Total Sales

    4 in Thermal

    $20,000 Price Range

    Wilder Perez
     Section Image
  • Gary Williams Real Estate Agent - Shaffer Realty and Mortgage

    Gary Williams

    Shaffer Realty and Mortgage

    (442) 256-9339

    47 Total Sales

    2 in Thermal

    $1,125,000 Price Range

    Gary Williams
     Section Image
  • Sharon Vasvani Real Estate Agent - Sharon Vasvani, Broker

    Sharon Vasvani

    Responds Quickly

    Sharon Vasvani, Broker

    (858) 946-4310

    10 Total Sales

    1 in Thermal

    $4,600,000 Price

    Sharon Vasvani
     Section Image
  • Kimberley Kelly Real Estate Agent - Desert Sands Realty

    Kimberley Kelly

    Desert Sands Realty

    (760) 501-2685

    24 Total Sales

    2 in Thermal

    $1,650,000 Price Range

    Kimberley Kelly
     Section Image
  • Diane Eisendrath Real Estate Agent - Premiere Real Estate

    Diane Eisendrath

    Premiere Real Estate

    (858) 367-5727

    41 Total Sales

    1 in Thermal

    $850,000 Price

    Diane Eisendrath
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$367,000 None Listed On Document
$203,510 None Listed On Document
-- None Listed On Document
-- Southland Title Inland Empir
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $289,987
Previous Owner $270,000
Previous Owner $10,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $5,462 $374,034 $93,840 $280,194
2025 $5,462 $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 Real Estate Agent - Equity Union

    Seller's Agent in 2024

    Brandy Nelson

    Equity Union

    (760) 592-1571

    165 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

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.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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