NOT LISTED FOR SALE

1503 Palm Ave National City, CA 91950

Estimated Value: $727,000 - $823,648

4 Beds
1 Bath
1,784 Sq Ft
$434/Sq Ft Est. Value

Last Sold May 02, 2019

Last sale price $440,000 $247 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $4,722/month

46 Days on Market

Highlights

  • Living Room
  • Family Room
  • Heating System Uses Natural Gas
  • Laundry Room

About This Home

As of May 2019

Welcome to 1503 Palm Avenue, Spacious two level home conveniently located in the prime South Bay area of National City. This home features four bedrooms, 2 living rooms, updated kitchen cabinets, newer counter tops and stainless steel appliances. Attached 1 car garage with plenty of storage room, accommodating family gatherings is not a problem on this huge lot. Near shopping, schools and diverse dining experiences. Neighborhoods: Rancho De La Nacion Equipment: Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: GSL

Last Agent to Sell the Property

Rebecca Franco

Compass License #01982080 Listed on: 02/11/2019

Compass

Last Buyer's Agent

Meryl Bennan

BarbCo License #01988493

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,098

Year Built

  • Built in 1952

Lot Details

  • 6,665

Parking

  • 2 Open Parking Spaces
  • 1 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 1,784 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas Dryer Hookup

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 5574402400

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,098

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Subdivision Name Other: National City
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5574402400
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Living Area: 1784.00
  • Stories: 2
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Levels: Two
  • Price Per Square Foot: 246.64
  • Room Type: Family Room, Living Room

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas
  • Laundry Features: Gas Dryer Hookup, In Garage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2019
Closed on
Apr 22, 2019
Sold by
Ruiz Martin and Ruiz Guadalupe Monica
Bought by
Sanchez Cortez Michelle Sanchez and Sanchez Cortes Lucero
Seller's Agent
Rebecca Franco
Compass
Buyer's Agent
Meryl Bennan
BarbCo
List Price
$449,000
Sold Price
$440,000
Premium/Discount to List
-$9,000
-2%
Current Estimated Value
$774,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$334,912
Avg. Annual Appreciation
9.35%
Original Mortgage
$432,030
Outstanding Balance
$380,622
Interest Rate
4.2%
Mortgage Type
FHA
Estimated Equity
$394,290

Purchase Details

Listed on
Jan 12, 2013
Closed on
Feb 27, 2013
Sold by
Sanchez Claudia L
Bought by
Ruiz Martin and Ruiz Guadalupe Monica
Seller's Agent
Jimmie Brown
Alta Realty Group CA, Inc.
Buyer's Agent
Luis Avalos
Leal Real Estate Group, Inc
List Price
$257,000
Sold Price
$257,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.34%
Original Mortgage
$252,345
Interest Rate
3.6%
Mortgage Type
FHA

Purchase Details

Closed on
May 29, 2012
Sold by
Moran Gregory A
Bought by
Sanchez Claudia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,988
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2008
Sold by
Robinson Gustavo
Bought by
Sanchez Claudia and Moran Gregory A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,250
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2007
Sold by
Robinson Gustavo and Robinson Maritza
Bought by
Robinson Gustavo

Purchase Details

Closed on
Jul 9, 1999
Sold by
Sonia Hernandez and Sonia Murillo
Bought by
Robinson Gustavo and Robinson Maritza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,815
Interest Rate
7.66%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 5, 1997
Sold by
Anderson Ralph W
Bought by
Anderson M Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,125
Interest Rate
7.86%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 4, 1997
Sold by
Anderson M Christine and Harry Everett P
Bought by
Hernandez Jesus and Murillo Sonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,125
Interest Rate
7.86%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Sanchez Cortez Michelle Sanchez $440,000 Stewart Title Of Ca Inc
Ruiz Martin -- Ticor Title
Sanchez Claudia L -- Ticor Title Company Of Ca
Sanchez Claudia $255,000 California Title Company
Robinson Gustavo -- Southland Title Company
Robinson Gustavo $140,000 Old Republic Title Company
Anderson M Christine -- Chicago Title Co
Harry Everett P -- Chicago Title Co
Hernandez Jesus $125,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Cortez Michelle Sanchez $432,030
Previous Owner Ruiz Martin $252,345
Previous Owner Sanchez Claudia L $234,988
Previous Owner Sanchez Claudia $242,250
Previous Owner Robinson Gustavo $176,000
Previous Owner Robinson Gustavo $122,815
Previous Owner Hernandez Jesus $121,125
Closed Hernandez Jesus $2,500
Closed Robinson Gustavo $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2019 05/02/19 Sold $440,000 -2.0% $247 / Sq Ft
03/29/2019 03/29/19 Pending -- -- --
02/11/2019 02/11/19 For Sale $449,000 +74.7% $252 / Sq Ft
04/25/2013 04/25/13 Sold $257,000 0.0% $144 / Sq Ft
02/26/2013 02/26/13 Pending -- -- --
01/12/2013 01/12/13 For Sale $257,000 -- $144 / 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
2025 $6,098 $490,822 $248,835 $241,987
2024 $6,098 $481,199 $243,956 $237,243
2023 $6,011 $471,765 $239,173 $232,592
2022 $5,990 $462,516 $234,484 $228,032
2021 $5,721 $453,448 $229,887 $223,561
2020 $5,527 $448,799 $227,530 $221,269
2019 $3,626 $283,698 $143,828 $139,870
2018 $3,548 $278,136 $141,008 $137,128
2017 $60 $272,684 $138,244 $134,440
2016 $3,438 $267,338 $135,534 $131,804
2015 $3,401 $263,324 $133,499 $129,825
2014 $3,262 $258,166 $130,884 $127,282
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 190008152

California Regional Multiple Listing Service (CRMLS)

APN: 557-440-24