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5655 Olvera Avenue

5655 Olvera Avenue, San Diego, CA 92114
Property in Valencia Park
Sold Jul 24, 1992
$100,000
$298,000 by Mufg Union Bank Na
Mortgage Due May 01, 2052
5655 Olvera Avenue has been categorized by the local assessors in San Diego, CA as a residential type of property. The building on the property was first built in 1953 and is 71 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5655 Olvera Avenue has 1,185 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,800 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The exterior walls of the building are made of block. In terms of heating, it is utilizing floor/wall heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5655 Olvera Avenue sold most recently in Jan 1, 1970 for a total of $100,000. If you work out the math, that's approximately a cost of $84.39 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,005 in taxes each year. 5655 Olvera Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $167,923. If we break it down further, the land itself was valued at $72,176. Improvements to the property, however, were assessed at a total of $95,747. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Construction Type: Frame
  • Exterior Walls Type: Block
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,800
  • Lot Size Frontage Feet: 950
  • Total Building Area: 1,185
  • Building Area: 1,185
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,185
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: VALENCIA PARK
  • Land Acres: 0.133
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: BLK 23 LOT 2 TR 002008

Ownership

  • Current Owner : OWNERSHIP NAME INFORMATION
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: San Diego City Unified School District
  • School Tax School District: SAN DIEGO CITY
  • Census Tract: 003101

Zoning

  • Zoning: RS-1-7

Geography

  • Assessors Map Reference: 002008
  • Subdivision Tract Number: 002008
  • Parcel: 548-484-07-00
  • Block: 23
  • Lot: 2
  • Municipality: CITY OF SAN DIEGO
  • Latitude: 32.6992
  • Longitude: -117.075

    Address

  • Full Address: 5655 Olvera Ave
  • Address - House Number: 5655
  • Address - Street Name: Olvera
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: San Diego
  • Carrier Code: C004
  • 4-Digit Zip Code: 5429
  • Zip Code: 92114

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,005
  • Tax Rate Code Area: 08-001

    Appraisal Valuation

  • Standard Deviation: 0.1729
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 77
  • Final Value: 612,024
  • High Value: 717,860
  • Low Value: 506,188

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $298,000
  • First Open Lien Mortgage Lender: MUFG UNION BANK NA
  • First Open Lien Mortgage Recording Date: Apr 13, 2022
  • First Open Lien Mortgage Loan Amount: $298,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $167,923
  • Assessed Land Value: $72,176
  • Assessed Improvements Value: $95,747

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Recording Date: Jul 24, 1992
  • Current Sale Transaction ID: 1894838832
  • Current Sale Price: $100,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 464319

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Frequently Asked Questions

What neighborhood is 5655 Olvera Avenue located in?
The 5655 Olvera Avenue is a located in the neighborhood of Valencia Park in Southeastern San Diego, San Diego.
What is the average sales price for listings in 5655 Olvera Avenue?
The average sales price for units in 5655 Olvera Avenue is $0 currently.

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