NOT LISTED FOR SALE

24300 Palomino Way Tehachapi, CA 93561

Estimated Value: $440,000 - $499,000

3 Beds
2.5 Baths
1,752 Sq Ft
$269/Sq Ft Est. Value

Last Sold December 22, 2020

Last sale price $340,000 $194 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,029/month

7 Days on Market

Highlights

  • Horse Property
  • Ranch Style House
  • Formal Dining Room
  • 1.09 Acre Lot
  • Separate Formal Living Room
  • Walk-In Closet

About This Home

As of December 2020

Surrounded by beautiful foothills, this wonderful Bear Valley Springs ranch home on an acre is affordable and waiting for its new owners. It features a spacious floorplan with separate living and family rooms, room for animals and RV parking. New appliances (Hood vent still to be installed), new HVAC system, updated flooring and paint, new roof and a great location.

Last Agent to Sell the Property

Brian Bean

Dream Big Real Estate License #01346382 Listed on: 12/01/2020

Last Buyer's Agent

Kari Munoz

RE/MAX Tehachapi License #01942121

RE/MAX Tehachapi

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,124

Year Built

  • Built in 1987

Lot Details

  • 1.09 Acre Lot
  • Back Yard Fenced
  • Property is zoned E1

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,752 Sq Ft Home
  • Blinds
  • Family Room
  • Separate Formal Living Room
  • Formal Dining Room
  • Surveillance System
  • Laundry Room

Kitchen

  • Gas Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Horse Property
  • Open Patio

Farming

  • Pasture

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Tax Lot 244
  • Assessor Parcel Number 31409303

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,124

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 1.0900
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Year Built: 1987
  • Foundation Features: Concrete Slab
  • AV Surveillance: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Oven/Range Gas, Garbage Disposal
  • Has Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Laminate
  • Interior Amenities: Garage Door Opener, Ground Level Bedroom, Walk In Closet
  • Living Area: 1752.00
  • Dining Room Type: Bedroom 2, Bedroom 3, Family Room, Formal Dining, Formal Living, Kitchen, Laundry, Master Bedroom
  • ResoLivingAreaSource: Assessor
  • Broker Approved: Yes
  • Total Bathrooms: 3.00
  • Windows Treatments: Blinds

Exterior Features

  • Fencing: Rear, Partial, Other
  • Pool Private: No
  • Patio And Porch Features: Patio Open
  • Roof: Composition
  • Price Per Acre: 311926.61
  • Price Per Square Foot: 194.06
  • Exterior Type: Siding Wood

Garage/Parking

  • Garage Spaces: 2.00

Utilities

  • Laundry Features: Room
  • Cooling: Central Air
  • Heating: Central
  • Electricity On Property: No
  • Sewer: Septic Tank
  • PowerSource: Public Utility
  • Total Water Heaters: 1

Condo/Co-op/Association

  • Senior Community: No
  • Association: Yes

Fee Information

  • Total CFD Mello Roos: Unknown
  • Other Fees: Yes

Lot Info

  • Horse Amenities: Horses Allowed, Turnout Pasture
  • Lot Size Sq Ft: 47480.00
  • Parcel #: 31409303
  • Zoning: E1
  • ResoLotSizeUnits: Acres
  • Lot Description: Horse Property

Green Features

  • Green Landscaping: None

Rental Info

  • Sub Lease: No
  • Sub Lease Expire: 1800-01-01T00:00:00.001-08:00

Multi Family

  • Existing Lease Type: Net

Tax Info

  • Tax Lot: 244
  • Tax Tract: 3430

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2020
Closed on
Jan 21, 2021
Sold by
Gearhart Larry W and Gearhart Mary J
Bought by
Blain Davin and Blain Emily A
Seller's Agent
Brian Bean
Dream Big Real Estate
Buyer's Agent
Kari Munoz
RE/MAX Tehachapi
List Price
$329,900
Sold Price
$340,000
Premium/Discount to List
$10,100
3.06%
Current Estimated Value
$471,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,191
Avg. Annual Appreciation
7.56%
Original Mortgage
$373,395
Outstanding Balance
$335,202
Interest Rate
2.65%
Mortgage Type
VA
Estimated Equity
$140,896

Purchase Details

Listed on
Dec 1, 2020
Closed on
Dec 16, 2020
Sold by
Trinity Financial Services Llc
Bought by
Gearhart Larry and Gearhart Mary Jo
Seller's Agent
Brian Bean
Dream Big Real Estate
Buyer's Agent
Kari Munoz
RE/MAX Tehachapi
List Price
$329,900
Sold Price
$340,000
Premium/Discount to List
$10,100
3.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,395
Outstanding Balance
$335,202
Interest Rate
2.65%
Mortgage Type
VA
Estimated Equity
$140,896

Purchase Details

Listed on
Dec 1, 2020
Closed on
Dec 15, 2020
Sold by
Trinity Financial Services Llc
Bought by
Far Niente Holdings
Seller's Agent
Brian Bean
Dream Big Real Estate
Buyer's Agent
Kari Munoz
RE/MAX Tehachapi
List Price
$329,900
Sold Price
$340,000
Premium/Discount to List
$10,100
3.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,395
Outstanding Balance
$335,202
Interest Rate
2.65%
Mortgage Type
VA
Estimated Equity
$140,896

Purchase Details

Closed on
Nov 12, 2015
Sold by
Simmons Christina L
Bought by
Trinity Financial Services Llc

Purchase Details

Closed on
Mar 24, 2004
Sold by
Daigh Gary E and Daigh Susan St Marie
Bought by
Simmons Christina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.35%

Purchase Details

Closed on
Apr 12, 2003
Sold by
Onyshko John and Onyshko Margaret C
Bought by
Daigh Gary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,800
Interest Rate
5.84%
Source: Public Records

Range of Values:

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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
Blain Davin $365,000 First American Title Company
Gearhart Larry $340,000 Fidelity Natl Ttl Orange Cnt
Far Niente Holdings -- None Available
Trinity Financial Services Llc $181,075 Pacific Coast Title
Simmons Christina L $250,000 First American Title
Daigh Gary E $176,000 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blain Davin $373,395
Previous Owner Simmons Christina L $110,520
Previous Owner Simmons Christine L $80,000
Previous Owner Simmons Christina L $200,000
Previous Owner Daigh Gary E $140,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2020 12/22/20 Sold $340,000 +3.1% $194 / Sq Ft
12/09/2020 12/09/20 Pending -- -- --
12/01/2020 12/01/20 For Sale $329,900 -- $188 / Sq Ft
Source: Tehachapi Area Association of REALTORS®

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 $5,124 $395,086 $81,181 $313,905
2024 $4,965 $387,340 $79,590 $307,750
2023 $4,965 $379,746 $78,030 $301,716
2022 $4,923 $372,300 $76,500 $295,800
2021 $5,152 $340,000 $65,000 $275,000
2020 $3,346 $227,309 $43,296 $184,013
2019 $3,844 $227,309 $43,296 $184,013
2018 $3,247 $218,484 $41,616 $176,868
2017 $3,410 $214,200 $40,800 $173,400
2016 $3,086 $210,000 $40,000 $170,000
2015 $3,210 $225,000 $56,000 $169,000
2014 $2,969 $195,000 $49,000 $146,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tehachapi Area Association of REALTORS®

MLS Number: 9982565

APN: 314-093-03-00-5