NOT LISTED FOR SALE

8811 Olive Dr Spring Valley, CA 91977

Estimated Value: $762,000 - $817,537

4 Beds
2 Baths
1,798 Sq Ft
$435/Sq Ft Est. Value

Last Sold February 06, 2013

Last sale price $225,000 $125 Per Sq Ft

Est. 248% increase in value since last sale

Current estimated payment $4,420/month

112 Days on Market

About This Home

As of February 2013

Great investment Duplex with .52 acres , close to freeway, lots of potential

Last Agent to Sell the Property

Albert Tapia

Khasim Realty License #01502776 Listed on: 09/17/2012

Last Buyer's Agent

Out of Area Agent

Out of Area Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 0.52

Home Design

  • Composition Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • Parking Available
  • Uncovered Parking

Additional Features

  • 2-Story Property
  • 0.52 Acre Lot
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5031920600

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Subdivision Name Other: SPRING VALLEY
  • Property Type: Residential Income
  • Parcel Number: 5031920600
  • Year Built: 1949
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Appliances: Yes
  • Levels: Two

Exterior Features

  • Roof: Composition

Garage/Parking

  • Parking: Yes
  • Parking Features: Uncovered

Utilities

  • Appliances: Gas Water Heater

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 22651.20
  • Lot Size Acres: 0.5200

Multi Family

  • Lot Size Area: 0.5200 Acres
  • Number Of Units Total: 2
  • Number With Range: 2
  • Number With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2012
Closed on
Dec 20, 2012
Sold by
Aguiar Lorena
Bought by
Azad Parvaneh
Seller's Agent
Albert Tapia
Khasim Realty
Buyer's Agent
Out of Area Agent
Out of Area Office
List Price
$250,000
Sold Price
$225,000
Premium/Discount to List
-$25,000
-10%
Current Estimated Value
$782,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$557,179
Avg. Annual Appreciation
10.14%
Original Mortgage
$157,500
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2005
Sold by
Aguiar Jose Antonio
Bought by
Aguiar Lorena

Purchase Details

Closed on
Feb 9, 2005
Sold by
Portillo Mario and Portillo Tina Marie
Bought by
Aguiar Lorena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 8, 1998
Sold by
Joseph Linda D and Joseph Estelle L
Bought by
Park Ryoung

Purchase Details

Closed on
Mar 1, 1994
Sold by
Murphy Thomas J and Murphy Kathryn L
Bought by
Joseph Linda D and Joseph Estelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,939
Interest Rate
7.38%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 6, 1990
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
Azad Parvaneh $225,000 American Coast Title
Aguiar Lorena -- Advantage Title Inc
Aguiar Lorena $550,000 Advantage Title Inc
Park Ryoung -- --
Joseph Linda D $125,000 Fidelity National Title
-- $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Azad Parvaneh $157,500
Previous Owner Aguiar Lorena $440,000
Previous Owner Joseph Linda D $124,939
Closed Aguiar Lorena $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2013 02/06/13 Sold $225,000 -10.0% $125 / Sq Ft
01/07/2013 01/07/13 Pending -- -- --
09/17/2012 09/17/12 For Sale $250,000 -- $139 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $3,865 $277,058 $147,765 $129,293
2024 $3,865 $271,626 $144,868 $126,758
2023 $3,741 $266,301 $142,028 $124,273
2022 $3,675 $261,081 $139,244 $121,837
2021 $3,648 $255,963 $136,514 $119,449
2020 $3,503 $253,340 $135,115 $118,225
2019 $3,455 $248,373 $132,466 $115,907
2018 $3,345 $243,504 $129,869 $113,635
2017 $831 $238,730 $127,323 $111,407
2016 $3,137 $234,050 $124,827 $109,223
2015 $3,104 $230,535 $122,952 $107,583
2014 $3,051 $226,020 $120,544 $105,476
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 120047138

California Regional Multiple Listing Service (CRMLS)

APN: 503-192-06