NOT LISTED FOR SALE

14271 Olive St Westminster, CA 92683

Estimated Value: $1,106,000 - $1,612,000

8 Beds
6 Baths
3,846 Sq Ft
$358/Sq Ft Est. Value

Last Sold December 17, 2015

Last sale price $900,000 $234 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $8,733/month

32 Days on Market

Highlights

  • Newly Remodeled
  • Primary Bedroom Suite
  • No HOA
  • Helen Stacey Intermediate School Rated A-
  • Granite Countertops
  • 5-minute walk to Sigler Park

About This Home

As of December 2015

Two new homes on one lot, built in 2012, two detached homes, 2 different address: 14271 Olive Street (4 beds, 3 baths) & 14281 Olive Street (4 beds, 3 baths +loft). Investors opportunity to live in one and rent the other. High ceiling, fire sprinklers throughout. Over-sized master suite with Jacuzzi and shower. Highly sought for location, walking distance to Church, Pagoda, park, water park, in the heart of Little Saigon. Many new houses in this neighborhood. Each home has its own address, mail box, and utility meters, wired for internet and TV. Guest parking on the lot. Designed landscape. The back house structure is 2,817 sqft, 2 car garage direct access, insulated & finished . Additionally, it has a patio and front porch. There are 4 beds, 3 full baths, family room, & loft (1 bed & 1 bath down stair). Lovely kitchen open to nook and family room. The front house structure is 1,910 sqft, 4 bedrooms and 3 full baths, 2 car garage direct access, Insulated and finished, front porch. Both homes must be sold together. NO HOA

Last Listed By

Theresa Nguyen

OC Realty & Investments License #01449487 Listed on: 10/01/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,759

Year Built

  • Built in 2012 | Newly Remodeled

Lot Details

  • 7,250 Sq Ft Lot
  • No Common Walls
  • Back and Front Yard

Parking

  • 4 Car Garage

Home Design

  • Interior Block Wall
  • Tile Roof

Interior Spaces

  • 3,846 Sq Ft Home
  • Recessed Lighting
  • Double Pane Windows
  • Double Door Entry
  • Family Room with Fireplace
  • Living Room
  • Den
  • Laminate Flooring
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Gas and Electric Range
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bedroom Suite
  • Dressing Area
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, water
  • Tax Lot 40
  • Tax Tract Number 846
  • Assessor Parcel Number 09615108

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,000
  • New Taxes Expense $7,000
  • Gross Income $5,100
  • Net Operating Income $4,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,759

Year Built

Built in 2012 | Newly Remodeled

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Other Phone Description: 714-785-1738
  • Property Attached: No
  • Security: Smoke Detector(s)
  • New Construction: Yes
  • Property Type: Residential Income
  • Parcel Number: 09615108
  • Year Built: 2012
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Block Walls, Granite Counters, Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Door Features: Double Door Entry
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 234.01
  • Room Type: Den, Dressing Area, Living Room, Master Bedroom, Master Suite
  • Window Features: Double Pane Windows
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Pool Private: No
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Disposal, Gas & Electric Range
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 7250.00
  • Price Per Lot Square Foot: 124.14
  • Lot Size Acres: 0.1660

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Water

Multi Family

  • Gross Income: 5100.00
  • Gross Scheduled Income: 5100.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 7250.0000 Square Feet
  • Net Operating Income: 4300.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 800.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 7000.00
  • Tax Lot: 40
  • Tax Tract Number: 846

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2025
Sold by
Vu Hoa Thi
Bought by
Hoa Thi Vu Trust and Vu
Total Days on Market
32
Current Estimated Value
$1,376,835

Purchase Details

Listed on
Oct 1, 2015
Closed on
Dec 10, 2015
Sold by
Nguyen Duc and Nguyen Trang
Bought by
Mai John H and Vu Hoa T
Seller's Agent
Theresa Nguyen
OC Realty & Investments
Buyer's Agent
Theresa Nguyen
OC Realty & Investments
List Price
$1,065,000
Sold Price
$900,000
Premium/Discount to List
-$165,000
-15.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.65%
Original Mortgage
$533,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2012
Sold by
Nguyen Thierry and Pham Terri Thoa
Bought by
Nguyen Duc and Nguyen Trang

Purchase Details

Closed on
Jul 11, 2012
Sold by
Nguyen Thierry and Pham Terri Thoa
Bought by
Nguyen Thierry and Pham Terri Thoa

Purchase Details

Closed on
Mar 17, 2011
Sold by
Nguyen Thierry and Pham Terri Thoa
Bought by
Nguyen Thierry and Pham Terri Thoa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2009
Sold by
Nguyen Tony
Bought by
Nguyen Tony and Pham Terri Thoa

Purchase Details

Closed on
Jun 3, 2009
Sold by
Fdic
Bought by
Nguyen Tony

Purchase Details

Closed on
Mar 12, 2009
Sold by
Phan Nga My
Bought by
Indymac Federal Bank Fsb

Purchase Details

Closed on
Aug 18, 2005
Sold by
Rivera Sipes Nancy
Bought by
Phan Nga My

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,250
Interest Rate
7.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 18, 2005
Sold by
Sipes Dennis
Bought by
Rivera Sipes Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,250
Interest Rate
7.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 15, 2005
Sold by
Phan Vinh
Bought by
Phan Nga My

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,250
Interest Rate
7.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 22, 2004
Sold by
Rivera Manuel V
Bought by
Rivera Sipes Nancy

Purchase Details

Closed on
May 5, 2003
Sold by
Rivera Sipes Nancy
Bought by
Rivera Manuel

Purchase Details

Closed on
Jun 10, 1999
Sold by
Manuel Rivera and Manuel V
Bought by
Rivera Manuel

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
Hoa Thi Vu Trust -- None Listed On Document
Vu Hoa Thi -- None Listed On Document
Mai John H $900,000 Ort Irvine
Mai John H -- Old Republic Title Company
Nguyen Duc -- None Available
Nguyen Thierry -- None Available
Nguyen Thierry -- Fidelity
Nguyen Tony -- Accommodation
Nguyen Tony -- Chicago Title Company
Nguyen Tony $310,500 Chicago Title Company
Indymac Federal Bank Fsb $254,139 None Available
Phan Nga My $535,000 Southland Title
Rivera Sipes Nancy -- Southland Title
Rivera Sipes Nancy -- Southland Title
Phan Nga My -- Southland Title
Rivera Sipes Nancy -- --
Rivera Manuel -- --
Rivera Manuel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mai John H $533,000
Previous Owner Nguyen Duc $111,200
Previous Owner Nguyen Duc $350,000
Previous Owner Nguyen Thierry $240,000
Previous Owner Phan Nga M $41,000
Previous Owner Phan Nga My $399,000
Previous Owner Phan Nga My $378,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2015 12/17/15 Sold $900,000 -15.5% $234 / Sq Ft
11/02/2015 11/02/15 Pending -- -- --
10/01/2015 10/01/15 For Sale $1,065,000 -- $277 / 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
2024 $12,759 $1,044,524 $240,390 $804,134
2023 $12,329 $1,024,044 $235,677 $788,367
2022 $12,142 $1,003,965 $231,056 $772,909
2021 $11,844 $984,280 $226,526 $757,754
2020 $11,707 $974,188 $224,203 $749,985
2019 $11,576 $955,087 $219,807 $735,280
2018 $11,579 $936,360 $215,497 $720,863
2017 $11,143 $918,000 $211,271 $706,729
2016 $10,795 $900,000 $207,128 $692,872
2015 $10,414 $875,020 $222,853 $652,167
2014 $10,184 $857,880 $218,488 $639,392
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15215604

California Regional Multiple Listing Service (CRMLS)

APN: 096-151-08