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548 West Olive Street

548 West Olive Street, Inglewood, CA 90301
Property in Inglewood
Sold Dec 07, 2009
$310,000
$304,385 by First Mortgage Corp
Mortgage Due Dec 01, 2039
Local assessors in Inglewood, CA have categorized 548 West Olive Street as a residential type of property. The home was built in 2007 and is 17 years old. The property's lot size has been calculated to be 22,032 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 548 West Olive Street has a total of 1,320 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. The property was last sold in Sep 16, 2009 for $310,000. That's $234.85 per sqft. 548 West Olive Street was last assessed in 2023. The total value of the property was assessed at $384,605. Specifically, the land the property is located on was valued at $76,918. While improvements on the property were assessed at a total of $307,687. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $5,251. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 22,032
  • Total Building Area: 1,320
  • Building Area: 1,320
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,320
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OLIVE STREET GARDENS
  • Land Acres: 0.506
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: TR=66354 LOT 1 CONDO UNIT 548 (AIRSPACE AND 1/12 INT IN COMMON AREA)

Ownership

  • Current Owner : FORDE TRISH V WILLIAMS
  • Previous Owner : OSBORNE BUILDING & DEVELOPMENT INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Inglewood Unified School District
  • Census Tract: 601401

Zoning

  • Zoning: INR3YY

Geography

  • Subdivision Tract Number: 66354
  • Parcel: 4018-015-027
  • Lot: 1
  • Municipality: WEST /INGLEWOOD
  • Latitude: 33.9606
  • Longitude: -118.366

    Address

  • Full Address: 548 W Olive St
  • Address - House Number: 548
  • Street Direction: W
  • Address - Street Name: Olive
  • Address - Suffix Type: St
  • State: CA
  • City Name: Inglewood
  • Carrier Code: C022
  • 4-Digit Zip Code: 1622
  • Zip Code: 90301

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,251
  • Tax Rate Code Area: 04-569

    Appraisal Valuation

  • Standard Deviation: 0.2212
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 673,999
  • High Value: 823,130
  • Low Value: 524,867

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $579,956
  • First Open Lien Mortgage Lender: FIRST MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Dec 07, 2009
  • First Open Lien Mortgage Loan Amount: $304,385
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2039
  • Second Open Lien Mortgage Lender: FREEDOM MORTGAGE CORP
  • Second Open Lien Mortgage Recording Date: Jun 02, 2017
  • Second Open Lien Mortgage Loan Amount: $275,571
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2047

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $384,605
  • Assessed Land Value: $76,918
  • Assessed Improvements Value: $307,687

    Sales

  • Current Sale Contract Date: Sep 16, 2009
  • Current Sale Recording Date: Dec 07, 2009
  • Current Sale Transaction ID: 1006283547
  • Current Sale Price: $310,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 09-1848806

    Last Sale Mortgage

  • First Mortgage Lender: FIRST MORTGAGE CORP
  • First Mortgage Transaction Date: Dec 07, 2009
  • First Mortgage Loan Amount: $304,385
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2039

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Frequently Asked Questions

What neighborhood is 548 West Olive Street located in?
The 548 West Olive Street is a located in the neighborhood of Inglewood in Inglewood, Inglewood.
What is the average sales price for listings in 548 West Olive Street?
The average sales price for units in 548 West Olive Street is $0 currently.

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