NOT LISTED FOR SALE

Estimated Value: $783,228 - $921,000

2 Beds
2.5 Baths
1,170 Sq Ft
$235/mo HOA Fee

Last Sold July 09, 2019

Last sale price $507,000 $433 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $5,136/month

43 Days on Market

Highlights

  • No Units Above
  • Updated Kitchen
  • Cathedral Ceiling
  • Two Primary Bedrooms
  • Open Floorplan
  • Granite Countertops

About This Home

As of July 2019

Fabulous tri-level townhome located in the gated community of Palermo. Walking distance to the beach and to Triangle Square where you will find numerous shops, trendy restaurants, a bowling alley, work out facilities and a movie theater. Upon entering the first level, you'll be welcomed by an inviting living room featuring soaring ceilings, newer flooring, a cozy gas fireplace and sliding doors out to your own private patio for relaxing and entertaining. The second level features the dining area, a half bath and kitchen which is well appointed with granite counters, stainless steel appliances, custom cabinets and recessed lighting. The upper level presents with dual master bedrooms, each with their own private bathrooms, and are separated by a laundry area with stacked washer/dryer combo and floor to ceiling linen cabinets. Direct access parking with two designated parking spaces and large outdoor storage area. Appealing grounds and curb appeal with HOA that includes water, sewer, trash and landscaping. A must see!

Last Agent to Sell the Property

Marc Coppock

First Team Real Estate License #01963323 Listed on: 04/04/2019

First Team Real Estate

Last Buyer's Agent

Stevan Gromet

Portfolio Partners Inc. License #00823166

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,340

Year Built

  • Built in 1990 | Remodeled

Lot Details

  • No Units Above
  • End Unit
  • No Units Located Below
  • 1 Common Wall
  • Block Wall Fence
  • Landscaped
  • Sprinkler System
  • Density is up to 1 Unit/Acre

HOA Fees

  • $235 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Attached Carport
  • Parking Storage or Cabinetry
  • Parking Available
  • Automatic Gate

Home Design

  • Slab Foundation
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 1,170 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Blinds
  • Window Screens
  • Sliding Doors
  • Entryway
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Storage

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • All Upper Level Bedrooms
  • Double Master Bedroom
  • Granite Bathroom Countertops
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

Outdoor Features

  • Enclosed patio or porch
  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 17044
  • Assessor Parcel Number 93550071

Community Details

Overview

  • 16 Units
  • Palermo Townhomes Association, Phone Number (949) 363-7255
  • Api Property Management HOA
  • Maintained Community
  • Greenbelt

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,340

Year Built

Built in 1990 | Remodeled

Lot Details

0

HOA Fees

$235 per month

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: Fridge, Washer and Dryer
  • Property Attached: Yes
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Palermo Townhomes
  • View: No
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93550071
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1170.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting, Storage
  • Common Walls: 1 Common Wall, End Unit, No One Above, No One Below
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Ell
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 433.33
  • Room Type: All Bedrooms Up, Entry, Kitchen, Living Room, Master Bathroom, Master Bedroom, Two Masters
  • Window Features: Blinds, Screens
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Granite Counters, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Storage
  • Exterior Features: Lighting
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Concrete, Enclosed, Front Porch
  • Pool Private: No
  • Roof: Spanish Tile
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Assigned, Built-In Storage, Attached Carport, Concrete, Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Cooktop, Gas Water Heater, Ice Maker, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds, Trash, Sewer, Water
  • Association Fee: 235.00
  • Association Fee Frequency: Monthly
  • Association Name: Palermo Townhomes Association
  • Phone: 949-363-7255
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights
  • Association Management: API Property Management

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Greenbelt, Landscaped, Sprinkler System

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 16
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 637.02
  • Tax Lot: 1
  • Tax Tract Number: 17044

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2019
Closed on
May 24, 2019
Sold by
Gracia John Paul Daco De
Bought by
Moore Ryan Mlyn
Seller's Agent
Marc Coppock
First Team Real Estate
Buyer's Agent
Stevan Gromet
Portfolio Partners Inc.
List Price
$529,900
Sold Price
$507,000
Premium/Discount to List
-$22,900
-4.32%
Current Estimated Value
$798,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,692
Avg. Annual Appreciation
8.88%
Original Mortgage
$424,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 22, 2013
Closed on
May 23, 2013
Sold by
Palermo Townhome Partners Llc
Bought by
Degracia John Paul Daco
Seller's Agent
Gary Watts
Impact
Buyer's Agent
Michael Lefonts
Citivest Realty Services, Inc
List Price
$420,000
Sold Price
$420,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.19%
Original Mortgage
$386,656
Interest Rate
3.57%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Moore Ryan Mlyn $507,000 Western Resources Title
Degracia John Paul Daco $420,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Ryan Mlyn $427,500
Closed Moore Ryan Mlyn $425,625
Previous Owner Moore Ryan Mlyn $424,000
Previous Owner Degracia John Paul Daco $386,656
Previous Owner Palermo Townhome Partners Llc $1,900,000
Previous Owner Palermo Townhome Partners Llc $1,490,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2019 07/09/19 Sold $507,000 -3.4% $433 / Sq Ft
05/17/2019 05/17/19 Pending -- -- --
05/14/2019 05/14/19 Price Changed $524,900 -0.9% $449 / Sq Ft
04/04/2019 04/04/19 For Sale $529,900 +26.2% $453 / Sq Ft
07/09/2013 07/09/13 Sold $420,000 0.0% $358 / Sq Ft
05/24/2013 05/24/13 Pending -- -- --
05/22/2013 05/22/13 For Sale $420,000 -- $358 / 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 $6,340 $554,476 $386,655 $167,821
2024 $6,340 $543,604 $379,073 $164,531
2023 $6,167 $532,946 $371,641 $161,305
2022 $5,994 $522,497 $364,354 $158,143
2021 $5,842 $512,252 $357,209 $155,043
2020 $5,786 $507,000 $353,546 $153,454
2019 $5,227 $461,542 $314,249 $147,293
2018 $5,126 $452,493 $308,088 $144,405
2017 $5,037 $443,621 $302,047 $141,574
2016 $4,925 $434,923 $296,124 $138,799
2015 $4,875 $428,391 $291,676 $136,715
2014 $4,760 $420,000 $285,963 $134,037
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19073844

California Regional Multiple Listing Service (CRMLS)

APN: 935-500-71