Z
Seller's Agent in 2024
Zandra Ulloa
Team Z Realty
8843 Olive Dr Spring Valley, CA 91977
Estimated Value: $836,000 - $891,000
5
Beds
3
Baths
--
Sq Ft
0.5
Acres
Highlights
- RV Parking in Community
- Open Space
- 1-Story Property
- 0.5 Acre Lot
- Property is Fully Fenced
About This Home
As of November 2024Unlock the endless potential of 8843 Olive Dr! Situated on a generous 0.5-acre lot, this exceptional property caters to a wide range of needs, whether you’re looking for storage for business equipment, a multi-family living setup, or a chance to generate passive income with additional units. The main residence is a charming 3-bedroom, 1-bathroom home, complete with its own private, gated yard and driveway. Two additional units expand the possibilities: a cozy 2-bedroom, 1-bathroom unit on the lower level, and an inviting 1-bedroom, 1-bathroom unit upstairs with a front covered patio and dedicated tandem parking. This property’s prime location backs onto Lamar Park, providing tranquil views and convenient access to walking trails just steps away. Plus, shopping centers and freeway access are only minutes away, putting all essentials within easy reach. A rare find in Spring Valley, this property offers limitless potential—whether you’re expanding your investment portfolio, creating a space for family and friends, or savoring the spacious outdoor setting. Don’t miss out on this opportunity to bring your vision to life!
Last Agent to Sell the Property
Zandra Ulloa
Team Z Realty License #01849548 Listed on: 10/04/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1924
Lot Details
- 0.5 Acre Lot
- Open Space
- Property is Fully Fenced
Parking
- RV Potential
Home Design
- Composition Roof
- Stucco Exterior
Interior Spaces
- 1-Story Property
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Uses Natural Gas
- Radiant Heating System
Community Details
- 2 Buildings
- 3 Units
- RV Parking in Community
Listing and Financial Details
- Assessor Parcel Number 503-192-08-00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 4, 2024
Closed on
Nov 19, 2024
Sold by
Peralta Santana and Peralta Maria
Bought by
Berrelleza Jose Gerardo and Pimentel Araceli
Seller's Agent
Zandra Ulloa
Team Z Realty
Buyer's Agent
Robert Lopez
Compass
List Price
$100,000,000
Sold Price
$860,000
Premium/Discount to List
-$99,140,000
-99.14%
Views
53
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$941
Avg. Annual Appreciation
-0.10%
Original Mortgage
$817,000
Outstanding Balance
$809,168
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$49,891
Purchase Details
Closed on
Sep 18, 1986
Bought by
Peralta Santana Maria
Purchase Details
Closed on
Dec 20, 1984
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Berrelleza Jose Gerardo | $860,000 | Ticor Title | |
| Peralta Santana Maria | $116,500 | -- | |
| -- | $50,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Berrelleza Jose Gerardo | $817,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/22/2024 11/22/24 | Sold | $860,000 | +1.2% | -- |
| 11/01/2024 11/01/24 | Pending | -- | -- | -- |
| 10/31/2024 10/31/24 | Price Changed | $850,000 | -99.2% | -- |
| 10/04/2024 10/04/24 | For Sale | $100,000,000 | -- | -- |
Source: San Diego MLS
Tax History Compared to Growth
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 | $3,872 | $860,000 | $550,000 | $310,000 |
| 2024 | $3,872 | $222,954 | $108,127 | $114,827 |
| 2023 | $3,733 | $218,583 | $106,007 | $112,576 |
| 2022 | $3,643 | $214,298 | $103,929 | $110,369 |
| 2021 | $3,623 | $210,097 | $101,892 | $108,205 |
| 2020 | $3,455 | $207,944 | $100,848 | $107,096 |
| 2019 | $3,400 | $203,868 | $98,871 | $104,997 |
| 2018 | $3,251 | $199,872 | $96,933 | $102,939 |
| 2017 | $3,128 | $195,954 | $95,033 | $100,921 |
| 2016 | $2,992 | $192,113 | $93,170 | $98,943 |
| 2015 | $2,963 | $189,228 | $91,771 | $97,457 |
| 2014 | $2,919 | $185,522 | $89,974 | $95,548 |
Source: Public Records
Agents Affiliated with this Home
-
-
Robert Lopez
Buyer's Agent in 2024
Robert Lopez
Compass
(619) 807-8442
5 in this area
108 Total Sales
Map
Source: San Diego MLS
MLS Number: 240023594
APN: 503-192-08
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