NOT LISTED FOR SALE

8850 Olive Ln Unit 2 Santee, CA 92071

Estimated Value: $642,000 - $794,000

3 Beds
3 Baths
1,302 Sq Ft
$538/Sq Ft Est. Value

Last Sold February 13, 2023

Last sale price $617,000 $474 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,404/month

22 Days on Market

Highlights

  • Solar Power System
  • Mountain View
  • Quartz Countertops
  • Pride Academy At Prospect Avenue Rated A-
  • High Ceiling
  • Covered Patio or Porch

About This Home

As of February 2023

ABSOLUTELY BEAUTIFUL NEWER BUILT TOWNHOME IN SANTEE AND THIS ONE IS LOADED, INCLUDING 3 BEDROOMS PLUS OFFICE/LOFT AREA, 3 FULL BATHS, HIGH CEILINGS, PAID FOR SOLAR, WHOLE HOUSE FAN, SPACIOUS KITCHEN WITH STAINLESS APPLIANCES, QUARTZ COUNTERS ALONG WITH BREAKFAST BAR, STACKABLE LAUNDRY, WOOD LAMINATE FLOORING, LARGE PRIMARY BEDROOM WITH 2 CLOSETS, PRIMARY BATH HAS A DUAL VANITY, THERE IS A PRIVATE BALCONY, OVERSIZED 2 CAR ATTACHED GARAGE, MOUNTAIN VIEWS, LOW HOA FEES, WALKING DISTANCE TO SHOPPING AND RESTAURANTS, CLOSE TO FREEWAYS AND MUCH MORE. VA APPROVED COMPLEX.

Last Agent to Sell the Property

Gregg Phillipson

Keller Williams Realty License #01153857 Listed on: 01/05/2023

Keller Williams Realty

Last Buyer's Agent

Emmeline Park

LPT Realty, Inc. License #02045152

LPT Realty, Inc.

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2019

Lot Details

  • Property fronts a county road
  • Two or More Common Walls
  • Fenced

HOA Fees

  • $282 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Single Garage Door

Home Design

  • Entry on the 2nd floor
  • Tile Roof
  • Concrete Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,302 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Blinds
  • Sliding Doors
  • Panel Doors
  • Living Room
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven or Range
  • Gas Range
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 3 Full Bathrooms
  • Quartz Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

Eco-Friendly Details

  • Energy-Efficient Windows
  • Solar Power System

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Whole House Fan
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • High-Efficiency Water Heater

Listing and Financial Details

  • Tax Tract Number 16238
  • Assessor Parcel Number 3843300802

Community Details

Overview

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

Recreation

  • Community Playground

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Year Built

Built in 2019

Lot Details

0

HOA Fees

$282 per month

Parking

2

Listing Details

  • Assessments: No
  • Park Name: MONTIVO
  • Property Attached: Yes
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Security: Fire Sprinkler System, Smoke Detector(s)
  • View: Yes
  • Zoning: R-1 SINGLE FAM RES
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 3843300802
  • Year Built: 2019
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1302.00 Square Feet
  • Interior Amenities: High Ceilings, Recessed Lighting
  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Panel Doors, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, In Kitchen
  • Entry Level: 2
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 473.89
  • Room Type: Kitchen, Living Room, Master Bathroom, Master Bedroom
  • Window Features: Blinds, Double Pane Windows
  • Bathroom Features: Double Sinks In Master Bath, Quartz Counters
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • Patio: Yes
  • Foundation: Concrete Perimeter
  • View: Mountain(s)
  • Fence: Yes
  • Patio And Porch Features: Covered
  • Pool Private: No
  • Roof: Concrete, Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Cooking, Gas Oven, Gas Range, Microwave
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: In Closet, Stackable, Washer Hookup, Gas Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Whole House Fan
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Playground
  • Association Fee: 282.00
  • Association Fee Frequency: Monthly
  • Association Name: MONTIVO TOWNHOMES
  • Phone: 858-270-7870
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs

Green Features

  • Efficiency: Water Heater, Windows
  • Green Power: Solar

Lot Info

  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 18

Tax Info

  • Tax Tract Number: 16238

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2023
Closed on
Feb 1, 2023
Sold by
Jones Chad Francisco and Jones Emma Lillian
Bought by
Park Emmeline Rose Brooke
Seller's Agent
Gregg Phillipson
Keller Williams Realty
Buyer's Agent
Emmeline Park
LPT Realty, Inc.
List Price
$634,900
Sold Price
$617,000
Premium/Discount to List
-$17,900
-2.82%
Views
78
Current Estimated Value
$699,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,930
Avg. Annual Appreciation
4.46%
Original Mortgage
$493,600
Outstanding Balance
$477,545
Interest Rate
6.13%
Mortgage Type
VA
Estimated Equity
$222,385

Purchase Details

Closed on
Feb 27, 2019
Sold by
New Pointe Investment 36 Llc
Bought by
Jones Chad Francisco and Jones Emma Elillian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,445
Interest Rate
4.3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Park Emmeline Rose Brooke $617,000 First American Title
Jones Chad Francisco $465,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Emmeline Rose Brooke $493,600
Previous Owner Jones Chad Francisco $418,445
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2023 02/13/23 Sold $617,000 -0.5% $474 / Sq Ft
01/27/2023 01/27/23 Pending -- -- --
01/19/2023 01/19/23 Price Changed $619,900 -2.4% $476 / Sq Ft
01/05/2023 01/05/23 For Sale $634,900 -- $488 / 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 $5,590 $641,925 $345,129 $296,796
2024 $5,590 $629,339 $338,362 $290,977
2023 $5,981 $498,558 $268,048 $230,510
2022 $5,938 $488,784 $262,793 $225,991
2021 $5,858 $479,201 $257,641 $221,560
2020 $5,785 $474,289 $255,000 $219,289
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2300055

California Regional Multiple Listing Service (CRMLS)

APN: 384-330-08-02