NOT LISTED FOR SALE

8860 Olive Dr Spring Valley, CA 91977

Estimated Value: $699,423 - $755,000

2 Beds
1 Bath
1,161 Sq Ft
$624/Sq Ft Est. Value

Last Sold February 06, 2019

Last sale price $390,000 $336 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $4,268/month

1 Day on Market

Highlights

  • Parking available for a boat
  • Laundry Room
  • Wood Siding
  • Fireplace
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of February 2019

PRICE TO SELL, R-2 LOT, Country Setting, very motivated seller, beautiful ranch home in a 9,879 lot, newer paint in and out, newer roof, located in a quiet street and family neighborhood, home used to be a 3 bedroom and was converted to 2, can easy be a 3 bedroom again, 250 sf workshop with tent and access for cars, RV parking and R-2 Lot for a second home, apartment, etc. Come see the potential of this property and make us an offer Neighborhoods: Spring Valley Other Fees: 0 Sewer: Sewer Connected Topography: SSLP

Last Agent to Sell the Property

Fernando Cota

Coldwell Banker West License #01208320 Listed on: 01/10/2019

Coldwell Banker West

Last Buyer's Agent

Erick Ciprian

ROA California Inc License #01826437

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • 9,879 Sq Ft Lot

Parking

  • 4 Open Parking Spaces
  • 1 Car Garage
  • Parking Available
  • Parking available for a boat

Home Design

  • Rolled or Hot Mop Roof
  • Wood Siding

Interior Spaces

  • 1,161 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas Dryer Hookup

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Heating System Uses Wood

Listing and Financial Details

  • Assessor Parcel Number 5031910500

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Spring Valley
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5031910500
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Living Area: 1161.00
  • Stories: 1
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Price Per Square Foot: 335.92

Exterior Features

  • Pool Private: No
  • Roof: Rolled/Hot Mop
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Boat
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Refrigerator
  • Heating Type: Natural Gas, Wood, Fireplace(s), Forced Air
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, In Garage

Lot Info

  • Lot Size Sq Ft: 9879.00

Multi Family

  • Lot Size Area: 9879.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2019
Closed on
Feb 4, 2019
Sold by
Garcia Jennifer M Malacara
Bought by
Garcia Oliver
Seller's Agent
Fernando Cota
Coldwell Banker West
Buyer's Agent
Erick Ciprian
ROA California Inc
List Price
$399,900
Sold Price
$390,000
Premium/Discount to List
-$9,900
-2.48%
Current Estimated Value
$724,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$334,606
Avg. Annual Appreciation
9.39%
Original Mortgage
$373,117
Outstanding Balance
$328,037
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$396,569

Purchase Details

Listed on
Jan 10, 2019
Closed on
Jan 25, 2019
Sold by
Gonzalez Francisco C and Francisco C Gonzalez Trust
Bought by
Garcia Oliver
Seller's Agent
Fernando Cota
Coldwell Banker West
Buyer's Agent
Erick Ciprian
ROA California Inc
List Price
$399,900
Sold Price
$390,000
Premium/Discount to List
-$9,900
-2.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,117
Outstanding Balance
$328,037
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$396,569

Purchase Details

Closed on
Aug 7, 2007
Sold by
Gonzalez Francisco C
Bought by
Gonzalez Francisco C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2007
Sold by
Gonzalez Francisco C
Bought by
Gonzalez Francisco C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 11, 2004
Sold by
Gonzalez Francisco C
Bought by
Gonzalez Francisco C

Purchase Details

Closed on
Oct 17, 1996
Sold by
Lachance Carmine J
Bought by
Gonzalez Francisco C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,794
Interest Rate
7.91%
Mortgage Type
FHA
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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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
Garcia Oliver -- Ticor Title San Diego
Garcia Oliver $390,000 Ticor Title
Gonzalez Francisco C -- None Available
Gonzalez Francisco C -- Fidelity National Title Co
Gonzalez Francisco C -- --
Gonzalez Francisco C $112,000 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Oliver $373,117
Previous Owner Gonzalez Francisco C $300,000
Previous Owner Gonzalez Francisco C $108,794
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2019 02/06/19 Sold $390,000 -2.5% $336 / Sq Ft
01/11/2019 01/11/19 Pending -- -- --
01/10/2019 01/10/19 For Sale $399,900 -- $344 / 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 $5,650 $435,048 $158,769 $276,279
2024 $5,650 $426,518 $155,656 $270,862
2023 $5,475 $418,155 $152,604 $265,551
2022 $5,388 $409,957 $149,612 $260,345
2021 $5,335 $401,920 $146,679 $255,241
2020 $5,125 $397,799 $145,175 $252,624
2019 $2,348 $163,503 $59,670 $103,833
2018 $2,258 $160,298 $58,500 $101,798
2017 $2,186 $157,155 $57,353 $99,802
2016 $2,095 $154,075 $56,229 $97,846
2015 $2,076 $151,762 $55,385 $96,377
2014 $2,041 $148,791 $54,301 $94,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 190002124

California Regional Multiple Listing Service (CRMLS)

APN: 503-191-05