NOT LISTED FOR SALE

38502 Sumac Ave Palmdale, CA 93550

East Palmdale Neighborhood

Estimated Value: $382,000 - $414,609

3 Beds
2 Baths
1,125 Sq Ft
$355/Sq Ft Est. Value

Last Sold December 08, 2023

Last sale price $350,000 $311 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,560/month

83 Days on Market

Highlights

  • No HOA
  • Evaporated cooling system
  • Central Heating
  • Breakfast Area or Nook
  • Laundry Room
  • Family Room

About This Home

As of December 2023

Clean home in excellent location. Fresh paint, and carpet. Exterior getting painted the week of 7/10.

Last Agent to Sell the Property

David Ramirez

Desert Coast Realty, Inc. License #01246949 Listed on: 07/06/2023

Last Buyer's Agent

David Ramirez

Desert Coast Realty, Inc. License #01246949 Listed on: 07/06/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 6,454 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned PDR1*

Parking

  • 2 Car Garage

Home Design

  • Entry on the 1st floor
  • Fire Rated Drywall
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,125 Sq Ft Home
  • 1-Story Property
  • Family Room

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Dishwasher
  • Formica Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas Dryer Hookup

Location

  • Suburban Location

Utilities

  • Evaporated cooling system
  • Central Heating
  • Vented Exhaust Fan
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 18150
  • Assessor Parcel Number 3008016011
  • $1,016 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Surface Type: Paved
  • View: No
  • Zoning: PDR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 3008016011
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1125.00 Square Feet
  • Interior Amenities: Formica Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 311.11
  • Room Type: Family Room, Kitchen

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Gas Water Heater, Vented Exhaust Fan
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6454.00
  • Lot Size Acres: 0.1482

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6454.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 9104.05
  • Tax Lot: 11
  • Tax Tract Number: 18150
  • TaxOtherAnnualAssessmentAmount: 1016.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2023
Closed on
Dec 8, 2023
Sold by
Cyprus Jane D
Bought by
Cyprus Brett M
Seller's Agent
David Ramirez
Desert Coast Realty, Inc.
Buyer's Agent
David Ramirez
Desert Coast Realty, Inc.
List Price
$400,000
Sold Price
$350,000
Premium/Discount to List
-$50,000
-12.5%
Views
406
Current Estimated Value
$399,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,402
Avg. Annual Appreciation
6.52%
Original Mortgage
$262,500
Outstanding Balance
$258,169
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$141,233

Purchase Details

Listed on
Jul 6, 2023
Closed on
Nov 7, 2023
Sold by
Cyprus Brett M
Bought by
Ramirez David and Ramirez Lorelei
Seller's Agent
David Ramirez
Desert Coast Realty, Inc.
Buyer's Agent
David Ramirez
Desert Coast Realty, Inc.
List Price
$400,000
Sold Price
$350,000
Premium/Discount to List
-$50,000
-12.5%
Views
406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Outstanding Balance
$258,169
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$141,233

Purchase Details

Closed on
Nov 23, 2011
Sold by
Magdaleno Juan A
Bought by
Cyprus Brett M

Purchase Details

Closed on
Jul 22, 2003
Sold by
Magdaleno Juan A and Garay Benjamine G
Bought by
Magdaleno Juan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,485
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 2000
Sold by
Utley Michael S
Bought by
Magdaleno Juan A and Garay Benjamine G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,899
Interest Rate
8.24%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cyprus Brett M -- Fidelity National Title
Ramirez David $350,000 Fidelity National Title
Cyprus Brett M $58,500 None Available
Magdaleno Juan A -- Investors Title Company
Magdaleno Juan A $66,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez David $262,500
Previous Owner Magdaleno Juan A $100,485
Previous Owner Magdaleno Juan A $65,899
Closed Magdaleno Juan A $3,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2023 12/08/23 Sold $350,000 -12.5% $311 / Sq Ft
09/27/2023 09/27/23 Pending -- -- --
09/01/2023 09/01/23 For Sale $400,000 0.0% $356 / Sq Ft
08/21/2023 08/21/23 Pending -- -- --
08/15/2023 08/15/23 Price Changed $400,000 0.0% $356 / Sq Ft
08/15/2023 08/15/23 For Sale $400,000 +5.5% $356 / Sq Ft
07/10/2023 07/10/23 Pending -- -- --
07/06/2023 07/06/23 For Sale $379,000 -- $337 / 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 $5,654 $357,000 $241,638 $115,362
2024 $5,654 $350,000 $236,900 $113,100
2023 $2,219 $96,572 $24,140 $72,432
2022 $2,145 $94,679 $23,667 $71,012
2021 $2,093 $92,823 $23,203 $69,620
2019 $2,041 $90,072 $22,516 $67,556
2018 $2,013 $88,307 $22,075 $66,232
2016 $1,899 $84,880 $21,219 $63,661
2015 $1,880 $83,606 $20,901 $62,705
2014 $1,865 $81,969 $20,492 $61,477
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    David Ramirez

    Desert Coast Realty, Inc.

    (949) 279-6699

    3 in this area

    10 Total Sales

    David Ramirez
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23120528

California Regional Multiple Listing Service (CRMLS)

APN: 3008-016-011

California Los Angeles County Palmdale 93550 East Palmdale

38502 Sumac Ave, Palmdale, CA

Not Listed for Sale

Detached

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