NOT LISTED FOR SALE

8850 Olive Ln Unit 9 Santee, CA 92071

Estimated Value: $652,000 - $665,000

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

Last Sold May 24, 2019

Last sale price $465,000 $356 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,164/month

16 Days on Market

Highlights

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

About This Home

As of May 2019

End location at Montivo Townhomes at Santee Town Center - Move-in ready! Brand new 3 bedroom, 3 full bath+study townhomes. No Mello Roos, owned solar array, whole house fan, quartz countertops, white Thermofoil cabinets & stainless appliances. Interior laundry, 2 car garage with extra storage, private deck, high efficiency AC/heat, tankless wh. Community tot lot, picnic & bbq area. Ideal location-walk to trolley, shops, restaurants, fwy close! Photos/tour of model. FHA/VA & $1,000 Move-in loans. Neighborhoods: Town Center Complex Features: ,,, 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: 04/12/2019

Co-Listed By

Betty Patterson

SureSell Real Estate License #01428002

Last Buyer's Agent

Betty Patterson

SureSell Real Estate License #01428002

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2019

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

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
  • Whole House Fan
  • 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

Year Built

Built in 2019

Lot Details

0

HOA Fees

$284 per month

Parking

2

Listing Details

  • Park Name: Montivo Townhomes
  • Property Attached: Yes
  • Subdivision Name Other: Santee
  • Architectural Style: Mediterranean
  • 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: 356.05
  • Room Type: Den, Great Room, Loft, Master Bedroom, Laundry, Master Bathroom

Exterior Features

  • 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, Whole House Fan
  • 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
Apr 12, 2019
Closed on
May 2, 2019
Sold by
New Pointe Investment 36 Llc
Bought by
Sarah A Madden Trust
Seller's Agent
Catherine Nicholas
CADO Real Estate Group
Buyer's Agent
Betty Patterson
SureSell Real Estate
List Price
$469,990
Sold Price
$465,000
Premium/Discount to List
-$4,990
-1.06%
Current Estimated Value
$650,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,729
Avg. Annual Appreciation
5.32%
Original Mortgage
$230,000
Outstanding Balance
$201,806
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$456,106
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
Sarah A Madden Trust $465,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sarah A Madden Trust $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2019 05/24/19 Sold $465,000 -1.1% $356 / Sq Ft
04/28/2019 04/28/19 Pending -- -- --
04/12/2019 04/12/19 For Sale $469,990 -- $360 / 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 $6,014 $505,325 $278,876 $226,449
2024 $6,014 $495,417 $273,408 $222,009
2023 $5,831 $485,704 $268,048 $217,656
2022 $5,789 $476,182 $262,793 $213,389
2021 $5,710 $466,846 $257,641 $209,205
2020 $5,640 $462,060 $255,000 $207,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 190019700

California Regional Multiple Listing Service (CRMLS)

APN: 384-330-08-09