NOT LISTED FOR SALE

625 W Olive Ave El Centro, CA 92243

Estimated Value: $521,917 - $558,000

8 Beds
4 Baths
2,688 Sq Ft
$202/Sq Ft Est. Value

Last Sold March 19, 2024

Last sale price $490,000 $182 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,168/month

57 Days on Market

Highlights

  • Living Room
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of March 2024

This home is located at 625 W Olive Ave, El Centro, CA 92243 since 30 October 2023 and is currently estimated at $542,979, approximately $202 per square foot. This property was built in 1973. 625 W Olive Ave is a home located in Imperial County with nearby schools including Lincoln Elementary School, Kennedy Middle School, and Central Union High School.

Last Agent to Sell the Property

Marco Carlos

One Way Realty License #01863766 Listed on: 10/30/2023

Last Buyer's Agent

Matthew Cowie

Prince & Associates Realtors License #01737581

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 7,996 Sq Ft Lot

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,688 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Electric Oven or Range
  • Laundry Located Outside

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 9 Parking Spaces
  • On-Street Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for gardener, water
  • Assessor Parcel Number 053-184-008-000

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • Operating Expense $9,081

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Disclosures: As Is
  • Lot Acreage: 0.1840
  • Price/ Sq Ft: 185.64
  • Additional Assessor Parcel Numbers: False
  • Assessor Parcel Number: 053-184-008-000
  • Probate: False
  • Street Address: 625 W Olive Ave
  • Street Name Display: True
  • Street Number Display: True
  • Year Built: 1973
  • State Abbrv: CA
  • Annual C F D Y N: False
  • Like Units2: 1
  • Like Units3: 1
  • Like Units4: 1
  • R V Access Y N: False
  • Sale Agent Board: OUT OF AREA BOARD
  • Sale Agent Broker I D: IC3117
  • Sale Agent Cell: 760-604-3166
  • Sale Agent Email: matt@princerealtors.com
  • Sale Agent Fax: 760-482-1257
  • Sale Agent First Name: Matthew
  • Sale Agent I D: IC3117
  • Sale Agent Last Name: Cowie
  • Sale Agent License Number: 01737581
  • Sale Agent Office I D: IC3432
  • Sale Agent Office Phone: 760-337-4022
  • Sale Agent Phone: 760-337-4020
  • Sale Agent Website: https://www.princerealtors.com
  • Sale Broker License Number: 01737581
  • Sale Office Address1: 343 S. 8th St.
  • Sale Office Address2: Suite B
  • Sale Office Broker I D: IC3117
  • Sale Office City: El Centro
  • Sale Office Fax: 760-482-1255
  • Sale Office I D: IC3432
  • Sale Office Name: Prince & Associates Realtors
  • Sale Office Phone: 760-337-4022
  • Sale Office State: CA
  • Sale Office Website: http://PrinceRealtors.com
  • Sale Office Zip: 92243
  • Scheduled Actual: Actual
  • Unit Actual Rent1: 700.00
  • Unit Actual Rent2: 750.00
  • Unit Actual Rent3: 750.00
  • Unit Actual Rent4: 750.00
  • Unit Baths1: 1.00
  • Unit Baths2: 1.00
  • Unit Baths3: 1.00
  • Unit Baths4: 1.00
  • Unit Beds1: 2
  • Unit Beds2: 2
  • Unit Beds3: 2
  • Unit Beds4: 2
  • Unit Furnished1: No
  • Unit Furnished2: No
  • Unit Furnished3: No
  • Unit Furnished4: No
  • Unit Projected Rent1: 1000
  • Unit Projected Rent2: 1000
  • Unit Projected Rent3: 1000
  • Unit Projected Rent4: 1000
  • Unit Rent1: 700.00
  • Unit Rent2: 750.00
  • Unit Rent3: 750.00
  • Unit Rent4: 750.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Mixed
  • Laundry: Outside
  • Equipment: Oven/Range-Electric
  • Living Area: 2688
  • Total Bathrooms: 4.00
  • Bedrooms: 8

Exterior Features

  • Roof: Composition, Shingle
  • Stories: 1

Garage/Parking

  • Other Spaces: 9
  • Garage: Parking Space, On street, Unassigned
  • Total Parking: 9

Utilities

  • Sewer: City
  • Water: City
  • Water Heater: Electric
  • Cooling: Central
  • Heating: Central
  • Water Heaters: True

Condo/Co-op/Association

  • No. of Units: 4

Lot Info

  • Lot Size Area: 7996
  • Total Assessed Value: 220082

Rental Info

  • Number Leased: 4
  • Owner Pays: Gardener, Water
  • Lease Per Month Year: Month

Tax Info

  • Tax Expense: 2481.00

Multi Family

  • Total Annual Expense: 9081

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2023
Closed on
Feb 13, 2024
Sold by
Carlos Melissa Susana
Bought by
Hoehl Seth
Seller's Agent
Marco Carlos
One Way Realty
Buyer's Agent
Matthew Cowie
Prince & Associates Realtors
List Price
$499,000
Sold Price
$490,000
Premium/Discount to List
-$9,000
-1.8%
Current Estimated Value
$542,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,007
Avg. Annual Appreciation
5.80%
Original Mortgage
$465,500
Outstanding Balance
$457,304
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$85,675

Purchase Details

Closed on
Dec 20, 2023
Sold by
Carlos Jose Maria
Bought by
Carlos Melissa Susana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,500
Outstanding Balance
$457,304
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$85,675

Purchase Details

Closed on
Oct 29, 2007
Sold by
Carlos Jose Maria
Bought by
Carlos Jose Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.29%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 30, 2002
Sold by
Carlos Jose Maria
Bought by
Carlos Jose Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,500
Interest Rate
5.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 3, 2001
Sold by
Carlos Jose M
Bought by
Carlos Jose Maria
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Purchase History

Date Buyer Sale Price Title Company
Hoehl Seth $490,000 Stewart Title
Carlos Melissa Susana -- None Listed On Document
Carlos Jose Maria -- First American Title Co
Carlos Jose Maria -- Chicago Title Co
Carlos Jose Maria -- --
Carlos Jose M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoehl Seth $465,500
Previous Owner Carlos Jose Maria $125,000
Previous Owner Carlos Jose Maria $108,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2024 03/19/24 Sold $490,000 -1.8% $182 / Sq Ft
12/26/2023 12/26/23 Pending -- -- --
10/30/2023 10/30/23 For Sale $499,000 -- $186 / Sq Ft
Source: Imperial County Association of REALTORS®

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 $4,013 $474,810 $71,400 $403,410
2023 $4,013 $220,082 $61,231 $158,851
2022 $2,481 $215,768 $60,031 $155,737
2021 $2,419 $211,538 $58,854 $152,684
2020 $2,464 $209,370 $58,251 $151,119
2019 $2,391 $205,265 $57,109 $148,156
2018 $2,378 $201,241 $55,990 $145,251
2017 $2,354 $197,296 $54,893 $142,403
2016 $2,308 $193,428 $53,817 $139,611
2015 $2,275 $190,523 $53,009 $137,514
2014 $2,225 $186,792 $51,971 $134,821
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Marco Carlos

    One Way Realty

  • Matthew Cowie

    Buyer's Agent in 2024

    Matthew Cowie

    Prince & Associates Realtors

    (760) 604-3166

    258 Total Sales

    Matthew Cowie
    Section Image
See All Agents

Map

Source: Imperial County Association of REALTORS®

MLS Number: 23326461IC

Imperial County Association of REALTORS®

APN: 053-184-008-000

California Imperial County El Centro 92243

625 W Olive Ave, El Centro, CA

Not Listed for Sale

MultiFamily

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.

Imperial County 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.

Nearby Homes