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Pending
  • Listed by: eXp Realty of Southern California, Inc. • Christian Rios • Contact: 951-397-2381
    Est. $389,000

    129 Olivetree Dr, Perris, CA 92571

    2beds
    794sqft
    : 
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    Single Family Residence
    Built in 1985
    3,920 Square Feet Lot
    $-- Zestimate®
    $490/sqft
    $-- HOA

    Overview

    Short Sale – Subject to Lender Approval. Welcome to 129 Olivetree Dr, a move in ready single story home located in an established neighborhood within the growing City of Perris. With continued development, expanding amenities, and convenient commuter access, Perris has become an increasingly attractive option for buyers seeking value, space, and long-term upside in Riverside County. This charming residence offers 2 bedrooms, 1 bathroom, and approximately 794 square feet of thoughtfully updated living space. Inside, you’ll find luxury vinyl plank flooring throughout, creating a clean and modern look while offering durability and easy maintenance. The functional floorplan provides a comfortable flow between the living room, dining area, and kitchen, making the home feel open and efficient for everyday living. The kitchen and living spaces are well positioned for both relaxing and entertaining, while the overall condition of the home reflects pride of ownership and true turnkey appeal. Whether you're a first-time buyer, downsizing, or looking for an investment opportunity, this property is ready for its next chapter. Situated on an approximately 3,920 square foot lot, the backyard offers private outdoor space with room to garden, entertain, or create your own retreat. The attached two car garage provides ample parking and storage, while also presenting possible future ADU or studio conversion potential for those exploring additional income or flexible living options. Buyer to verify all ADU possibilities, zoning, and requirements with the City of Perris. Additional features include laundry hookups in the garage, welcoming curb appeal, and a location convenient to local parks, schools, shopping centers, dining, and freeway access for commuters traveling throughout the Inland Empire. Perris continues to evolve with new growth, infrastructure, and investment, making now an exciting time to purchase in the area. Whether you are looking for a comfortable place to call home or a smart real estate investment, 129 Olivetree Dr offers affordability, functionality, and future potential all in one package.
    116 days
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    866
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    48
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    Zillow last checked:

    Listing updated:

    Listed by:

    Christian Rios DRE #02003529 951-397-2381,

    eXp Realty of Southern California, Inc.

    Source: CRMLS,MLS#: SW26030236MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 2
      Rooms
      • Room types: Bedroom, Laundry, Living Room
      Bedroom
      • Features: All Bedrooms Down
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Gas Oven
      • Laundry: In Garage
      Features
      • All Bedrooms Down
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total interior livable area: 794 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage - Attached
      • Attached garage spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Entry location: Front Door
      • Pool features: None
      • Has view: Yes
      • View description: None
      Lot
      • Size: 3,920 Square Feet
      • Features: Back Yard
      Details
      • Parcel number: 320222051
      • Special conditions: Notice Of Default,Short Sale

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • New construction: No
      • Year built: 1985

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Curbs
      Location
      • Region: Perris

      Financial & listing details

      • Price per square foot: $490/sqft
      • Tax assessed value: $421,362
      • Annual tax amount: $4,879
      • Date on market: 2/11/2026
      • Cumulative days on market: 116 days
      • Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,Contract,Cal Vet Loan,1031 Exchange,FHA,Fannie Mae,VA Loan

        Foreclosure details

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,245/mo

        Price history

        DateEventPrice
        5/18/2026Listing removed$429,890$541/sqft
        Source: eXp Realty #SW26030236 Report a problem
        5/3/2026Price change$429,8900%$541/sqft
        Source: eXp Realty #SW26030236 Report a problem
        4/20/2026Price change$429,8990%$541/sqft
        Source: eXp Realty #SW26030236 Report a problem
        4/14/2026Price change$429,9000%$541/sqft
        Source: eXp Realty #SW26030236 Report a problem
        4/3/2026Price change$429,990-2.1%$542/sqft
        Source: eXp Realty #SW26030236 Report a problem
        3/30/2026Price change$438,9900%$553/sqft
        Source: eXp Realty #SW26030236 Report a problem
        3/24/2026Price change$439,000-0.2%$553/sqft
        Source: eXp Realty #SW26030236 Report a problem
        3/19/2026Listed for sale$439,900$554/sqft
        Source: eXp Realty #SW26030236 Report a problem
        3/11/2026Pending sale$439,900$554/sqft
        Source: eXp Realty #SW26030236 Report a problem
        3/10/2026Price change$439,9000%$554/sqft
        Source: eXp Realty #SW26030236 Report a problem
        2/11/2026Listed for sale$440,000+8.6%$554/sqft
        Source: eXp Realty #SW26030236 Report a problem
        2/23/2023Sold$405,000-2.4%$510/sqft
        Source: Public Record Report a problem
        1/28/2023Pending sale$415,000$523/sqft
        Source: CRMLS #SW22246506 Report a problem
        11/24/2022Listed for sale$415,000+137.1%$523/sqft
        Source: CRMLS #SW22246506 Report a problem
        1/21/2016Sold$175,000-2.7%$220/sqft
        Source: Public Record Report a problem
        12/30/2015Pending sale$179,900$227/sqft
        Source: NATIONAL REALTY GROUP #IV15186316 Report a problem
        10/24/2015Price change$179,900-2.7%$227/sqft
        Source: NATIONAL REALTY GROUP #IV15186316 Report a problem
        10/1/2015Price change$184,900-2.6%$233/sqft
        Source: NATIONAL REALTY GROUP #IV15186316 Report a problem
        8/22/2015Listed for sale$189,900+80.9%$239/sqft
        Source: NATIONAL REALTY GROUP #IV15186316 Report a problem
        7/2/2010Sold$105,000+84.2%$132/sqft
        Source: Public Record Report a problem
        12/16/2009Sold$57,000-80.3%$72/sqft
        Source: Public Record Report a problem
        6/2/2006Sold$290,000+400%$365/sqft
        Source: Public Record Report a problem
        2/3/1994Sold$58,000$73/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,879 +2.5%$421,362 +2%
        2024$4,760 +99.3%$413,100 +107.5%
        2023$2,389 +1.4%$199,114 +2%
        2022$2,356 +1.9%$195,211 +2%
        2021$2,311 +1.2%$191,385 +1%
        2020$2,283 +2.3%$189,424 +2%
        2019$2,231 +4.6%$185,711 +2%
        2018$2,133 +1.3%$182,070 +2%
        2017$2,104 $178,500 +57.1%
        2016$2,104 +66.6%$113,631 +1.5%
        2015$1,264 +2.4%$111,927 +2%
        2014$1,234 $109,736 +40.7%
        2013-- $78,000 -2.5%
        2012-- $80,000 -23.8%
        2011-- $105,000 +45.8%
        2010-- $72,000 +12.5%
        2009-- $64,000 -70%
        2008-- $213,000 -28%
        2007-- $295,800 +190.1%
        2006-- $101,979 +2%
        2005-- $99,980 +3.9%
        2003-- $96,225 +26.6%
        2002-- $76,000 +11.8%
        2001$697 +37.3%$68,000 +36%
        2000$507 $50,000

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 92571

        Getting around

        68 / 100
        Somewhat Walkable
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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