NOT LISTED FOR SALE

Estimated Value: $951,626 - $1,000,000

2 Beds
2 Baths
1,178 Sq Ft
$165/mo HOA Fee

Last Sold July 20, 2016

Last sale price $535,000 $454 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $5,957/month

6 Days on Market

Highlights

  • Mediterranean Architecture
  • Community Pool
  • Tile Flooring
  • Carmel Creek Elementary School Rated A
  • Laundry Room
  • 5-minute walk to Woodwind Park

About This Home

As of July 2016

Rare End Unit, Palermo gem!! Light and bright charming condo in the highly sought after park like Palermo community. One of the lowest HOA's in the Del Mar Heights area. Community pool, spa, and tennis court. Two car attached garage. Great schools and close to all. Neighborhoods: Palermo Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL

Last Agent to Sell the Property

Paul Myers

Berkshire Hathaway HomeService License #00528313 Listed on: 06/16/2016

Berkshire Hathaway HomeService

Co-Listed By

Patrick Moran

Berkshire Hathaway HomeService License #01888688

Last Buyer's Agent

Amy McKibben

Redfin Corporation License #01423104

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,337

Year Built

  • Built in 1998

Lot Details

  • 1.09

HOA Fees

  • $165 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Guest Parking

Home Design

  • Mediterranean Architecture
  • Stucco

Interior Spaces

  • 1,178 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas Dryer Hookup

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 3040632101

Community Details

Overview

  • 188 Units
  • Palermo Association, Phone Number (760) 579-7682
  • Palermo

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,337

Year Built

Built in 1998

Lot Details

0

HOA Fees

$165 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Park Name: Palermo
  • Property Attached: Yes
  • Subdivision Name Other: Palermo
  • Architectural Style: Mediterranean
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 3040632101
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1178.00
  • Stories: 2
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 454.16

Exterior Features

  • Fence: No
  • Pool Features: Community
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Guest
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Water Heater, Dishwasher, Disposal, Refrigerator
  • Heating Type: Natural Gas, Forced Air
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, In Garage

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 165.00
  • Association Fee Frequency: Monthly
  • Association Name: Palermo
  • Phone: 760-579-7682

Multi Family

  • Number Of Units In Community: 188

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 21, 2023
Sold by
Schaeffer Craig Nelson and Schaeffer Claire Ruth
Bought by
Schaeffer Family Trust
Total Days on Market
6
Current Estimated Value
$976,157

Purchase Details

Closed on
Sep 7, 2018
Sold by
Schaffer Craig Nelson and Schaffer Claire Ruth
Bought by
Schaeffer Craig Nelson and Schaeffer Claire Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 16, 2016
Closed on
Jul 6, 2016
Sold by
Tadman Ruth
Bought by
Schaeffer Craig Nelson and Ciabotti Claire Ruth
Seller's Agent
Paul Myers
Berkshire Hathaway HomeService
Buyer's Agent
Amy McKibben
Redfin Corporation
List Price
$535,000
Sold Price
$535,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.14%
Original Mortgage
$481,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2013
Sold by
Tadman Ruth
Bought by
Tadman Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,900
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2002
Sold by
Tadman Morley and Tadman Ruth
Bought by
Tadman Morley and Tadman Ruth

Purchase Details

Closed on
Feb 11, 1998
Sold by
Brookfield Palermo Inc
Bought by
Tadman Morley and Tadman Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,900
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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
Schaeffer Family Trust -- --
Schaeffer Craig Nelson -- Nationallink
Schaeffer Craig Nelson $535,000 California Title Company
Tadman Ruth -- Ticor Title Company Of Ca
Tadman Ruth -- Ticor Title Company Of Ca
Tadman Morley -- --
Tadman Morley $169,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schaeffer Craig Nelson $0
Previous Owner Schaeffer Craig Nelson $510,000
Previous Owner Schaeffer Craig Nelson $520,000
Previous Owner Schaeffer Craig Nelson $472,000
Previous Owner Schaeffer Craig Nelson $481,500
Previous Owner Tadman Ruth $78,900
Previous Owner Tadman Ruth $74,000
Previous Owner Tadman Debra $70,000
Previous Owner Tadman Morley $68,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2016 07/20/16 Sold $535,000 0.0% $454 / Sq Ft
06/22/2016 06/22/16 Pending -- -- --
06/16/2016 06/16/16 For Sale $535,000 -- $454 / 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 $7,337 $608,733 $234,262 $374,471
2023 $7,259 $596,798 $229,669 $367,129
2022 $7,130 $585,097 $225,166 $359,931
2021 $7,020 $573,625 $220,751 $352,874
2020 $6,966 $567,744 $218,488 $349,256
2019 $6,848 $556,612 $214,204 $342,408
2018 $6,659 $545,699 $210,004 $335,695
2017 $6,559 $535,000 $205,887 $329,113
2016 $3,110 $223,662 $86,073 $137,589
2015 $3,075 $220,304 $84,781 $135,523
2014 $3,028 $215,990 $83,121 $132,869
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 160032922

California Regional Multiple Listing Service (CRMLS)

APN: 304-063-21-01