NOT LISTED FOR SALE

8850 Olive Ln Unit 18 Santee, CA 92071

Estimated Value: $653,000 - $665,000

4 Beds
3 Baths
1,306 Sq Ft
$504/Sq Ft Est. Value

Last Sold July 29, 2019

Last sale price $469,990 $360 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,236/month

31 Days on Market

Highlights

  • Panoramic View
  • Mediterranean Architecture
  • Great Room
  • Pride Academy At Prospect Avenue Rated A-
  • Loft
  • Outdoor Cooking Area

About This Home

As of July 2019

Builder Close-out! Seller will entertain offers between $469,990-$479,990 on this move-in ready New Townhome with views at Santee Town Center. Ideal location-walking distance to trolley, shops & restaurants. 3 bdrms, 3 full baths+study. FREE SOLAR & whole house fan. Contemporary quartz countertops, white cabinets & stainless appliances w/ gas range. Int laundry, attached 2 car garage w/extra storage, private deck, high efficiency AC/heat. Tot lot, picnic area & bbq. VA/FHA, no Mello Roos. Pics of model. Neighborhoods: Town Center Equipment: Garage Door Opener Other Fees: 0 Sewer: Sewer Connected Topography: LL

Last Agent to Sell the Property

Catherine Nicholas

CADO Real Estate Group License #01072733 Listed on: 05/17/2019

Co-Listed By

Betty Patterson

SureSell Real Estate License #01428002

Last Buyer's Agent

Marcia Nordstrom

Marcia Nordstrom, Broker License #01383051

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,078

Year Built

  • Built in 2019 | Under Construction

HOA Fees

  • $284 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Garage Door Opener

Home Design

  • Mediterranean Architecture
  • Entry on the 1st floor
  • Concrete Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • 1,306 Sq Ft Home
  • 3-Story Property
  • Great Room
  • Den
  • Loft
  • Panoramic Views

Kitchen

  • Self-Cleaning Convection Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • High Efficiency Air Conditioning
  • Forced Air Heating and Cooling System
  • High Efficiency Heating System
  • Heating System Uses Natural Gas

Community Details

Overview

  • 18 Units
  • Montivo Townhomes Assoc Association, Phone Number (858) 270-7870
  • Montivo Townhomes

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Community Playground

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,078

Year Built

Built in 2019 | Under Construction

Lot Details

0

HOA Fees

$284 per month

Parking

2

Listing Details

  • Park Name: Montivo Townhomes
  • Property Attached: Yes
  • Subdivision Name Other: Santee
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Under Construction
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 99999999
  • Year Built: 2019
  • Special Features: None

Interior Features

  • Living Area: 1306.00
  • Stories: 3
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Entry Level: 1
  • Levels: Three Or More
  • Price Per Square Foot: 359.87
  • Room Type: Den, Great Room, Loft, Master Bedroom, Laundry, Master Bathroom

Exterior Features

  • View: Panoramic
  • Fence: No
  • Pool Private: No
  • Roof: Concrete
  • Construction Materials: Stone, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Microwave, Convection Oven, Self Cleaning Oven, Gas Range
  • Heating Type: Natural Gas, Forced Air, High Efficiency
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup, Individual Room, Inside
  • Water Source: Public
  • Cooling: Central Air, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Outdoor Cooking Area, Pets Permitted, Picnic Area, Playground, Barbecue
  • Association Fee: 284.00
  • Association Fee Frequency: Monthly
  • Association Name: Montivo Townhomes Assoc
  • Phone: 858-270-7870

Multi Family

  • Number Of Units In Community: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2019
Closed on
Jul 25, 2019
Sold by
Burns Lamont N
Bought by
Burns Yvonne Ingram
Seller's Agent
Catherine Nicholas
CADO Real Estate Group
Buyer's Agent
Marcia Nordstrom
Marcia Nordstrom, Broker
List Price
$479,990
Sold Price
$469,990
Premium/Discount to List
-$10,000
-2.08%
Current Estimated Value
$658,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,312
Avg. Annual Appreciation
5.54%
Original Mortgage
$170,673
Outstanding Balance
$149,525
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$508,777

Purchase Details

Listed on
May 17, 2019
Closed on
Jun 19, 2019
Sold by
New Pointe Investments 36 Llc
Bought by
Burns Lamont N and Burns Yvonne Ingram
Seller's Agent
Catherine Nicholas
CADO Real Estate Group
Buyer's Agent
Marcia Nordstrom
Marcia Nordstrom, Broker
List Price
$479,990
Sold Price
$469,990
Premium/Discount to List
-$10,000
-2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,673
Outstanding Balance
$149,525
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$508,777
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
Burns Yvonne Ingram -- First American Title Company
Burns Lamont N -- First American Title Company
Burns Lamont N $470,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burns Yvonne Ingram $170,673
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2019 07/29/19 Sold $469,990 -2.1% $360 / Sq Ft
06/17/2019 06/17/19 Pending -- -- --
05/17/2019 05/17/19 For Sale $479,990 -- $368 / 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 $6,078 $510,889 $278,876 $232,013
2024 $6,078 $500,872 $273,408 $227,464
2023 $5,893 $491,052 $268,048 $223,004
2022 $5,851 $481,425 $262,793 $218,632
2021 $5,771 $471,987 $257,641 $214,346
2020 $5,700 $467,149 $255,000 $212,149
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Catherine Nicholas

    CADO Real Estate Group

    (888) 848-6668

    1 Total Sale

    Catherine Nicholas
    Section Image

  • B

    Seller Co-Listing Agent in 2019

    Betty Patterson

    SureSell Real Estate

  • M

    Buyer's Agent in 2019

    Marcia Nordstrom

    Marcia Nordstrom, Broker

    (858) 945-6272

    4 Total Sales

    Marcia Nordstrom
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 190027325

California Regional Multiple Listing Service (CRMLS)

APN: 384-330-08-18

California San Diego County Santee 92071

8850 Olive Ln Unit 18, Santee, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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