NOT LISTED FOR SALE

576 Olive St Sonora, CA 95370

Estimated Value: $566,165 - $722,000

6 Beds
4 Baths
3,420 Sq Ft
$191/Sq Ft Est. Value

Last Sold July 21, 2023

Last sale price $676,000 $198 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,092/month

20 Days on Market

Highlights

  • City View
  • Baseboard Heating
  • Carpet
  • No HOA

About This Home

As of July 2023

Fantastic Investment Opportunity in the Heart of Downtown Sonora. This 4-plex is comprised of 2 homes. 576 Olive is a charming cottage that has 2 bedrooms plus a small office area off the kitchen. It also has a private laundry. The second home, 570 Olive, is divided into 3 units - one with 2 bedrooms and 1 bathroom that has recently been updated and two with 1 bedroom and 1 bathroom. One of the units has a private laundry area while the other two share a laundry space. Both homes have a sweet white picket fence and useable yards. There is a storage building for the rentera€TMs convenience. These homes have a vintage vibe and are close to all that downtown Sonora has to offera€ shops, restaurants, the farmera€TMs market and more. If you have been looking for a solid multi-family investment, call today.

Last Agent to Sell the Property

Robin Rowland

BHHS Drysdale- Sonora License #01378613 Listed on: 05/04/2023

BHHS Drysdale- Sonora

Last Buyer's Agent

Samuel Segerstrom

License #01896691

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,249

Year Built

  • Built in 1949

Lot Details

  • 7,841

Home Design

  • Metal Roof
  • Wood Shingle Exterior

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Additional Features

  • City Views
  • Laundry in unit
  • 7,841 Sq Ft Lot
  • Baseboard Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 002185001000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,249

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Year Built: 1949
  • Property Sub Type: OTHER
  • Prop. Type: Residential Income
  • Directions: Washington to Lytton to Olive
  • Special Features: None

Interior Features

  • Flooring: Laminate, Vinyl, Carpet
  • Total Bedrooms: 6

Exterior Features

  • Roof: Metal
  • View: City
  • Construction Type: Wood

Utilities

  • Heating: Baseboard
  • Cooling: No Air Conditioning
  • Laundry Features: In Unit
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Sonora (209) 532-1591

Lot Info

  • Lot Size Sq Ft: 7840.8
  • Parcel Number: 002185001000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2024
Sold by
Oconnell Grace and Lombardo Michele
Bought by
Sonora Sun Properties Llc
Current Estimated Value
$654,791

Purchase Details

Listed on
May 4, 2023
Closed on
Jul 21, 2023
Sold by
Bartley Nathan
Bought by
Oconnell Grace
Seller's Agent
Robin Rowland
BHHS Drysdale- Sonora
Buyer's Agent
Samuel Segerstrom
List Price
$689,999
Sold Price
$676,000
Premium/Discount to List
-$13,999
-2.03%
Views
41

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.89%
Original Mortgage
$507,000
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 4, 2023
Closed on
Jul 10, 2023
Sold by
Blocksteps Llc
Bought by
Oconnell Grace and Lombardo Michele
Seller's Agent
Robin Rowland
BHHS Drysdale- Sonora
Buyer's Agent
Samuel Segerstrom
List Price
$689,999
Sold Price
$676,000
Premium/Discount to List
-$13,999
-2.03%
Views
41

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$507,000
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 13, 2018
Closed on
Oct 22, 2018
Sold by
Daugherty Carol and The Lehman 2004 Revocable Trus
Bought by
Blocksteps Llc
Seller's Agent
Kayla Weldon
KW Sierra Foothills
Buyer's Agent
Samuel Segerstrom
List Price
$499,900
Sold Price
$290,000
Premium/Discount to List
-$209,900
-41.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.55%

Purchase Details

Closed on
Mar 12, 2018
Sold by
Lehman Lowell K
Bought by
Lehman Lowell K and The Lehman 2004 Revocable Trus

Purchase Details

Closed on
Jun 3, 2013
Sold by
Lehman Lowell K and Lehman Darleen
Bought by
Lehman Lowell K and Lehman Darleen

Purchase Details

Closed on
Feb 2, 2005
Sold by
Lehman Lowell K and Lehman Darleen A
Bought by
Lehman Lowell K and Lehman Darleen
Source: Public Records

Range of Values:

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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
Sonora Sun Properties Llc -- None Listed On Document
Oconnell Grace -- First American Title
Oconnell Grace $676,000 First American Title
Blocksteps Llc $290,000 Yosemite Title Co
Lehman Lowell K -- None Available
Lehman Lowell K -- First American Title Ins Co
Lehman Lowell K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oconnell Grace $507,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2023 07/21/23 Sold $676,000 -2.0% $198 / Sq Ft
05/24/2023 05/24/23 Pending -- -- --
05/04/2023 05/04/23 For Sale $689,999 +137.9% $202 / Sq Ft
10/24/2018 10/24/18 Sold $290,000 -42.0% $85 / Sq Ft
10/12/2018 10/12/18 Pending -- -- --
08/13/2018 08/13/18 For Sale $499,900 -- $146 / Sq Ft
Source: bridgeMLS

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 $7,249 $689,520 $81,600 $607,920
2024 $7,249 $676,000 $80,000 $596,000
2023 $3,349 $310,936 $53,609 $257,327
2022 $3,287 $304,840 $52,558 $252,282
2021 $3,218 $298,864 $51,528 $247,336
2020 $3,177 $295,800 $51,000 $244,800
2019 $3,071 $290,000 $50,000 $240,000
2018 $1,277 $116,924 $32,634 $84,290
2017 $1,220 $114,633 $31,995 $82,638
2016 $1,197 $112,386 $31,368 $81,018
2015 $1,178 $110,699 $30,897 $79,802
2014 $1,148 $108,531 $30,292 $78,239
Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 20230496

bridgeMLS

APN: 002-185-001-000