NOT LISTED FOR SALE

8850 Olive Ln Unit 8 Santee, CA 92071

Estimated Value: $642,000 - $678,795

3 Beds
3 Baths
1,302 Sq Ft
$282/mo HOA Fee

Last Sold January 07, 2022

Last sale price $578,000 $444 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,351/month

5 Days on Market

Highlights

  • Updated Kitchen
  • Open Floorplan
  • End Unit
  • Pride Academy At Prospect Avenue Rated A-
  • Mountain View
  • Balcony

About This Home

As of January 2022

2019 TURN KEY 3 BR, 3 BA Townhome! OWNED SOLAR! Contemporary kitchen has stainless steel appliances, white cabinets and quartz countertops. Features include interior laundry and balcony. Central forced AC, laminate flooring throughout home and carpet in bedrooms. 2 car attached garage with spacious storage. Within walking to shopping, the trolley, restaurants, top-rated schools, Santee Town Center Park, Town Square shopping, Santee Lakes, YMCA, and trails! Amenities include a tot lot and a picnic area.

Last Agent to Sell the Property

Brad Ihms

NextHome United License #02123183 Listed on: 11/12/2021

NextHome United

Last Buyer's Agent

Jacob Yeagle

Michael Alves License #01950776

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2019

Lot Details

  • End Unit
  • No Unit Above or Below

HOA Fees

  • $282 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Mountain
  • Valley
  • Park or Greenbelt

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction
  • Common Roof
  • Stucco Exterior

Interior Spaces

  • 1,302 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Family Room Off Kitchen
  • Interior Storage Closet
  • Updated Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Additional Features

  • Balcony
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 384-330-08-08

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance
  • 3 Units
  • Montivo Townhomes Association, Phone Number (858) 270-7870
  • Montivo Townhomes Community

Recreation

  • Community Playground

Property Details

Home Type

Condominium

Year Built

Built in 2019

Lot Details

0

HOA Fees

$282 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: All Other Attached
  • Market Area: East County
  • Cross Street: Mission Gorge Rd
  • Neighborhood: Town Center
  • Estimated Living Space: 1,000 to 1,499 SqFt
  • LP / Sq Ft: 422.35
  • Price Per Sq Ft: 443.93
  • Residential Unit Location: No Unit Above or Below, End Unit
  • SP/ Sq Ft: 443.93
  • Stories: 3 Story
  • Stories In Building: 3
  • Ownership: Condominium
  • Total Stories: 3
  • Year Built: 2019
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Open Floor Plan, Recessed Lighting, Remodeled Kitchen, Storage Space, Kitchen Open To Family Rm
  • 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: Brick, Stucco
  • Patio: Balcony
  • Roof: Common Roof
  • View: Greenbelt, Mountains/Hills, Valley/Canyon
  • Three or more Steps To Entry: Yes

Garage/Parking

  • Garage Details: Attached, Garage
  • Garage Spaces: 2
  • Parking Spaces Total: 2

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Electric
  • Sewer/Septic: Public Sewer
  • Water: Public
  • Heating: Forced Air Unit
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Complex Name: Montivo Townhomes
  • Units In Building: 3
  • Total Number of Units: 18
  • Property Management Company: Menas HOA Management
  • Community: SANTEE
  • Complex Features: Playground
  • Home Owner Association: Montivo Townhomes
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 282.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 858-270-7870
  • Association Amenities: Playground

Association/Amenities

  • Entry Level Unit: 1

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Level
  • Assessor Parcel Number: 384-330-08-08
  • 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 12, 2021
Closed on
Nov 24, 2021
Sold by
Carlos Martinez Iii Peter and Carlos Renee Brooke
Bought by
Jenkins Daniel R and Jenkins Aleia
Seller's Agent
Brad Ihms
NextHome United
Buyer's Agent
Jacob Yeagle
Michael Alves
List Price
$549,900
Sold Price
$578,000
Premium/Discount to List
$28,100
5.11%
Current Estimated Value
$662,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,949
Avg. Annual Appreciation
3.50%
Original Mortgage
$563,000
Outstanding Balance
$517,882
Interest Rate
3.12%
Mortgage Type
VA
Estimated Equity
$145,067

Purchase Details

Closed on
May 20, 2018
Sold by
New Pointe Investment 36 Llc
Bought by
Martinez Peter Carlos and Luca Brooke Renee De

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,770
Interest Rate
4%
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
Jenkins Daniel R $578,000 Fidelity National Title
Martinez Peter Carlos $483,500 First Amer Ttl Co Sub Sale O
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jenkins Daniel R $563,000
Previous Owner Martinez Peter Carlos $457,770
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/07/2022 01/07/22 Sold $578,000 +5.1% $444 / Sq Ft
11/18/2021 11/18/21 Pending -- -- --
11/12/2021 11/12/21 For Sale $549,900 +13.8% $422 / Sq Ft
05/14/2019 05/14/19 Sold $483,355 +1.8% $370 / Sq Ft View Prior Sale
10/23/2018 10/23/18 Pending -- -- --
07/06/2018 07/06/18 For Sale $474,990 -- $364 / 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 $7,266 $613,375 $317,249 $296,126
2024 $7,266 $601,349 $311,029 $290,320
2023 $7,044 $589,559 $304,931 $284,628
2022 $6,084 $508,089 $262,793 $245,296
2021 $6,000 $498,128 $257,641 $240,487
2020 $5,925 $493,022 $255,000 $238,022
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210031161

San Diego MLS

APN: 384-330-08-08