NOT LISTED FOR SALE

Estimated Value: $2,272,000 - $2,622,549

4 Beds
3 Baths
2,642 Sq Ft
$912/Sq Ft Est. Value

Last Sold September 04, 2020

Last sale price $1,615,000 $611 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $14,204/month

13 Days on Market

Highlights

  • Primary Bedroom Suite
  • 2 Fireplaces
  • Formal Dining Room
  • Branham High School Rated A
  • High Ceiling
  • Open to Family Room

About This Home

As of September 2020

ABSOLUTELY STUNNING EXECUTIVE STYLE HOME LOCATED IN CAMBRIANS IMMACULATE PALACIO COMMUNITY. THIS IS THE LARGEST MODEL IN THE DEVELOPMENT WITH CONTEMPORARY CONSTRUCTION THROUGHOUT. FORMAL ENTRY WITH CATHEDRAL CEILINGS LEAD YOU TO THE OPEN LIVING ROOM WITH GAS FIREPLACE AND FORMAL DINING AREA. OPEN KITCHEN/FAMILY ROOM COMBO IS PERFECT FOR ENTERTAINING. FIRST FLOOR BEDROOM AND BATHROOM MAKE THIS IDEAL FOR AN OFFICE, GUEST BEDROOM OR IN LAW QUARTERS. THREE SPACIOUS ROOMS UPSTAIRS WITH EYE POPPING MASTER SUITE/ W RETREAT ROOM VAULTED CEILINGS AND TWO LARGE CLOSETS. LOVELY PRIVATE BACKYARD WITH PUTTING GREEN AND NO REAR NEIGHBORS. DOUBLE PANE WINDOWS, CENTRAL AC, COMMUNITY POOL/SPA & STEPS TO CAMDEN COMMUNITY CENTER(PARK, BASKETBALL, INSTRUCTIONAL CLASSES, FITNESS CENTER). SHORT STROLL TO CAMDEN PARK CENTER(CHIPOTLE, LANNA THAI, PIZZA MY HEART, AL CASTELLO RISTORANTE, CVS PHARMACY, PEETS). EASY ACCESS TO 17/85 FREEWAYS. AWARD WINNING CAMBRIAN SCHOOLS!

Last Agent to Sell the Property

Brian Tanger

Christie's International Real Estate Sereno License #01469107 Listed on: 07/09/2020

Christie's International Real Estate Sereno

Last Buyer's Agent

Rekha Chatwani

Right Choice Realty & Loans License #01459303

Home Details

Home Type

  • Single Family

Year Built

  • 1993

Lot Details

  • 4,003

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof
  • Clay Roof

Interior Spaces

  • 2,642 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • 2 Fireplaces
  • Fireplace With Gas Starter
  • Formal Dining Room
  • Open to Family Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms

Additional Features

  • 4,003 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include common area electricity, common area gas, exterior painting, insurance - common area, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, pool spa or tennis, reserves
  • Palacio Homeowners Association

Home Details

Home Type

Single Family

Year Built

1993

Lot Details

0

HOA Fees

$280 per month

Parking

2

Listing Details

  • Zoning: A-PD
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 79
  • Structure Sq Ft: 2642
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1993

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Starter
  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 2642
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat
  • Fireplaces Min: 2
  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Clay, Tile

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • Complex Name: Palacio
  • HOA Fees: 280
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Pool, Spa, Or Tennis, Reserves
  • HOA Exist: Yes
  • H O A Name Text: Palacio Homeowners Association

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Schools

  • High School: 237

Lot Info

  • Lot Acres: 0.0919
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4005.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4005.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2021
Sold by
Suryanarayan Mayura and Viswanathaiah Raghava
Bought by
Viswanathaiah Raghava and Suryanarayan Mayura
Current Estimated Value
$2,308,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$639,300
Outstanding Balance
$485,589
Interest Rate
2.2%
Mortgage Type
New Conventional
Estimated Equity
$1,923,048

Purchase Details

Listed on
Jul 9, 2020
Closed on
Aug 4, 2020
Sold by
2002 Rashid Gillis Family Trust and Gillis Robert J
Bought by
Raghava Family Revocable Trust and Viswanathaiah
Seller's Agent
Brian Tanger
Christie's International Real Estate Sereno
Buyer's Agent
Rekha Chatwani
Right Choice Realty & Loans
List Price
$1,649,995
Sold Price
$1,615,000
Premium/Discount to List
-$34,995
-2.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.76%
Original Mortgage
$1,292,000
Outstanding Balance
$1,146,095
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,262,542

Purchase Details

Closed on
Apr 12, 2012
Sold by
Gillis Soraya R and Gillis Robert J
Bought by
Gillis Soraya R and Gillis Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2009
Sold by
Gillis Soraya R and Gillis Robert J
Bought by
Rashid Soraya N and Gillis Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
5.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2003
Sold by
Gillis Robert J and Rashid Soraya
Bought by
Rashid Soraya N and Gillis Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
6.06%

Purchase Details

Closed on
Jan 7, 2003
Sold by
Brinkman Steven
Bought by
Gillis Robert J and Rashid Soray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
6.06%

Purchase Details

Closed on
May 24, 1994
Sold by
Brinkman Steven James
Bought by
Brinkman Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
7.62%

Purchase Details

Closed on
Apr 14, 1994
Sold by
A M Homes Palacio L P
Bought by
Brinkman Steven James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
7.62%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Viswanathaiah Raghava -- Amrock Inc
Suryanarayan Mayura -- Amrock Inc
Raghava Family Revocable Trust $1,615,000 Fidelity National Title
Gillis Soraya R -- First American Title
Rashid Soraya N -- North American Title Company
Gillis Soraya R -- North American Title Company
Rashid Soraya N -- Commonwealth Land Title
Gillis Robert J $735,000 North American Title Company
Brinkman Steven -- Commonwealth Land Title Ins
Brinkman Steven James $425,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Suryanarayan Mayura $639,300
Open Raghava Family Revocable Trust $1,292,000
Previous Owner Gillis Soraya R $388,000
Previous Owner Gillis Soraya R $410,000
Previous Owner Gillis Robert J $475,000
Previous Owner Brinkman Steven $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2020 09/04/20 Sold $1,615,000 -2.1% $611 / Sq Ft
07/23/2020 07/23/20 Pending -- -- --
07/09/2020 07/09/20 For Sale $1,649,995 -- $625 / Sq Ft
Source: MLSListings

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 $22,252 $1,748,124 $1,048,875 $699,249
2024 $22,252 $1,713,848 $1,028,309 $685,539
2023 $22,156 $1,680,245 $1,008,147 $672,098
2022 $21,755 $1,647,300 $988,380 $658,920
2021 $21,305 $1,615,000 $969,000 $646,000
2020 $12,953 $973,360 $535,281 $438,079
2019 $12,799 $954,276 $524,786 $429,490
2018 $12,448 $935,566 $514,497 $421,069
2017 $12,226 $917,222 $504,409 $412,813
2016 $11,645 $899,238 $494,519 $404,719
2015 $11,508 $885,731 $487,091 $398,640
2014 $10,900 $868,382 $477,550 $390,832
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81800306

MLSListings

APN: 414-47-013