NOT LISTED FOR SALE

1080 Palmetto Ave Pacifica, CA 94044

Sharp Park Neighborhood

Estimated Value: $2,540,108

Studio
-- Bath
25,807 Sq Ft
$98/Sq Ft Est. Value

About This Home

This home is located at 1080 Palmetto Ave, Pacifica, CA 94044 and is currently estimated at $2,540,108, approximately $98 per square foot. 1080 Palmetto Ave is a home located in San Mateo County with nearby schools including Ocean Shore Elementary School, Vallemar Elementary School, and Cabrillo Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2024
Sold by
Yen Chen Steve and Wong Cindy
Bought by
Palmetto Pacifica Llc
Current Estimated Value
$2,540,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Outstanding Balance
$1,773,919
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$766,189

Purchase Details

Closed on
Sep 26, 2023
Sold by
Evergreen Advantage Llc
Bought by
Chen Steve Yen and Chen Cindy Gee

Purchase Details

Closed on
Aug 1, 2023
Sold by
Spasic Living Trust
Bought by
Evergreen Advantage Llc

Purchase Details

Closed on
Jan 3, 2007
Sold by
Spasic Frank and Spasic Marta J
Bought by
Spasic Frank and Spasic Marta J

Purchase Details

Closed on
Sep 29, 1998
Sold by
Payne James F
Bought by
Spasic Frank and Spasic Marta J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$681,500
Interest Rate
6.79%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 11, 1994
Sold by
Howard Cuyler Chevrolet Inc
Bought by
Payne James F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
8.8%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Palmetto Pacifica Llc -- Chicago Title Company
Chen Steve Yen $2,500,000 Fidelity National Title Compan
Evergreen Advantage Llc $2,550,000 Fidelity National Title Compan
Spasic Frank -- None Available
Spasic Frank -- None Available
Spasic Frank $1,200,000 Old Republic Title Ins Compa
Payne James F $505,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmetto Pacifica Llc $1,800,000
Previous Owner Spasic Frank $681,500
Previous Owner Payne James F $700,000
Closed Spasic Frank $506,500
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 $31,515 $2,550,000 $1,989,000 $561,000
2023 $31,515 $2,290,919 $1,024,649 $1,266,270
2022 $31,803 $2,246,000 $1,004,558 $1,241,442
2021 $27,883 $2,201,962 $984,861 $1,217,101
2020 $46,098 $2,179,385 $974,763 $1,204,622
2019 $43,761 $2,136,653 $955,650 $1,181,003
2018 $44,714 $2,094,759 $936,912 $1,157,847
2017 $48,765 $2,053,687 $918,542 $1,135,145
2016 $44,838 $2,013,421 $900,532 $1,112,889
2015 $44,697 $1,983,179 $887,006 $1,096,173
2014 $35,674 $1,944,333 $869,631 $1,074,702
Source: Public Records

Map

California San Mateo County Pacifica 94044 Sharp Park

1080 Palmetto Ave, Pacifica, CA

Not Listed for Sale

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