NOT LISTED FOR SALE

8850 Olive Ln Unit 11 Santee, CA 92071

Estimated Value: $652,000 - $695,560

3 Beds
3 Baths
1,302 Sq Ft
$520/Sq Ft Est. Value

Last Sold December 22, 2021

Last sale price $625,000 $480 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,480/month

10 Days on Market

Highlights

  • Mountain View
  • Main Floor Bedroom
  • Breakfast Area or Nook
  • Pride Academy At Prospect Avenue Rated A-
  • End Unit
  • Balcony

About This Home

As of December 2021

MOVE-IN ready two-story townhome with an attached two-car garage located within the highly desirable community of Montivo in Santee. Built in 2019, this amazing residence features neutral paint and trim, central AC, in-unit laundry with an included stackable washer and dryer, and durable flooring throughout the main living areas of the home. An open floorplan with large windows basks the home in an abundance of natural light. A beautifully appointed kitchen featuring stainless steel appliances, recessed lighting, and crisp white cabinetry with an island with breakfast counter seating that opens to the living area. There is a bedroom and a bathroom on the main floor. The remaining bedrooms and the loft are upstairs including the spacious primary suite with ample closet space and its own en-suite bathroom. Outdoor living has been extended to the living room balcony. Great community amenities include BBQ facilities and a playground. Just minutes away from Mission Trails, great schools, shopping, dining, golf amenities, Highways 52, 67, and Interstate 125, plus so much more. Don’t let this opportunity pass you by!

Last Agent to Sell the Property

Shaun McDonald

Redfin Corporation License #02125373 Listed on: 11/13/2021

Redfin Corporation

Last Buyer's Agent

Pat Gill

Cashin Company License #01344048

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,843

Year Built

  • Built in 2019

HOA Fees

  • $282 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Tandem Garage
  • Guest Parking

Home Design

  • Entry on the 1st floor
  • Clay Roof
  • Stucco Exterior

Interior Spaces

  • 1,302 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Area
  • Mountain Views

Kitchen

  • Breakfast Area or Nook
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Additional Features

  • Balcony
  • End Unit
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 384-330-08-11

Community Details

Overview

  • Association fees include common area maintenance
  • 6 Units
  • Montivo Townhomes Association, Phone Number (714) 544-7755
  • Montivo Townhomes Community

Amenities

  • Community Barbecue Grill

Recreation

  • Community Playground

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,843

Year Built

Built in 2019

Lot Details

0

HOA Fees

$282 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: Townhome
  • Market Area: East County
  • Cross Street: Mission Gorge
  • Neighborhood: Montivo
  • Supplement: There is a bedroom and a bathroom on the main floor. The remaining bedrooms and the loft are upstairs including the spacious primary suite with ample closet space and its own en-suite bathroom. Outdoor living has been extended to the living room balcony. Great community amenities include BBQ facilities and a playground. Just minutes away from Mission Trails, great schools, shopping, dining, golf amenities, Highways 52, 67, and Interstate 125, plus so much more. Don’t let this opportunity pass you by!
  • LP / Sq Ft: 460.75
  • Price Per Sq Ft: 480.03
  • Residential Unit Location: End Unit
  • SP/ Sq Ft: 480.03
  • Stories: 2 Story
  • Stories In Building: 2
  • Ownership: Condominium
  • Total Stories: 2
  • Year Built: 2019
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Unit Number Space Number: 11
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Laminate
  • Equipment Available: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Ice Maker, Range/Stove Hood
  • Searchable Rooms: Bedroom Entry Level, Breakfast Area, Dining Area, Living Room, Master Bedroom, Master Bathroom
  • Total Bedrooms: 3
  • Bedrooms: 3
  • Master Bedroom Dimensions: 11x10
  • Full Bathrooms: 3
  • Laundry Location: Closet Stacked
  • Estimated Sq Ft: 1302
  • Total Bathrooms: 3

Exterior Features

  • Exterior Material: Stucco
  • Patio: Balcony
  • Roof: Tile/Clay
  • View: Mountains/Hills

Garage/Parking

  • Garage Details: Attached
  • Garage Spaces: 2
  • Non Garage Parking: Tandem, Guest Parking
  • Garage Spaces: 2
  • Parking Spaces Total: 4

Utilities

  • Laundry Utilities: Washer Hookup
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property

Condo/Co-op/Association

  • Complex Name: Montivo Townhomes
  • Total Fees: 3384.0
  • Units In Building: 6
  • Total Number of Units: 18
  • Property Management Company: Menas Realty Co.
  • Property Management Phone: 714-544-7755
  • Community: SANTEE
  • Complex Features: BBQ, Playground
  • Home Owner Association: Montivo Townhomes
  • Home Owner Association Fee Includes: Common Area Maintenance
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 282.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 714-544-7755
  • Association Amenities: Playground, Barbecue

Association/Amenities

  • Entry Level Building: 1
  • Entry Level Unit: 1

Fee Information

  • Total Monthly Fees: 282

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Level
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 384-330-08-11
  • Map Code Column: C
  • Map Code Page: 1231
  • Map Code Row: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2021
Closed on
Nov 29, 2021
Sold by
Redfinnow Borrower Llc
Bought by
Patel Roshan and Patel Hemant V
Seller's Agent
Shaun McDonald
Redfin Corporation
Buyer's Agent
Pat Gill
Cashin Company
List Price
$599,900
Sold Price
$625,000
Premium/Discount to List
$25,100
4.18%
Current Estimated Value
$677,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,140
Avg. Annual Appreciation
2.10%

Purchase Details

Closed on
Sep 22, 2021
Sold by
Donahue Kathleen Erin
Bought by
Redfinnow Borrower Llc

Purchase Details

Listed on
Feb 7, 2019
Closed on
Apr 26, 2019
Sold by
New Pointe Investment 36 Llc
Bought by
Donahue Kathleen Erin
Seller's Agent
Catherine Nicholas
CADO Real Estate Group
Buyer's Agent
Betty Patterson
SureSell Real Estate
List Price
$469,990
Sold Price
$465,990
Premium/Discount to List
-$4,000
-0.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.01%
Original Mortgage
$396,092
Interest Rate
4.2%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Patel Roshan $625,000 Ticor Title San Diego Branch
Redfinnow Borrower Llc $580,000 Ticor Title San Diego Branch
Donahue Kathleen Erin $466,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Donahue Kathleen Erin $396,092
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/22/2021 12/22/21 Sold $625,000 +4.2% $480 / Sq Ft
11/24/2021 11/24/21 Pending -- -- --
11/13/2021 11/13/21 For Sale $599,900 +28.7% $461 / Sq Ft
06/07/2019 06/07/19 Sold $465,990 -0.9% $357 / Sq Ft View Prior Sale
04/19/2019 04/19/19 Pending -- -- --
02/07/2019 02/07/19 For Sale $469,990 -- $360 / Sq Ft
Source: San Diego MLS

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 $7,843 $663,252 $355,898 $307,354
2024 $7,843 $650,248 $348,920 $301,328
2023 $7,604 $637,499 $342,079 $295,420
2022 $7,552 $625,000 $335,372 $289,628
2021 $5,785 $480,140 $257,641 $222,499
2020 $5,796 $475,218 $255,000 $220,218
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210031275

San Diego MLS

APN: 384-330-08-11