NOT LISTED FOR SALE

38538 Pond Ave Palmdale, CA 93550

East Palmdale Neighborhood

Estimated Value: $386,000 - $442,000

3 Beds
1 Bath
1,156 Sq Ft
$350/Sq Ft Est. Value

Last Sold March 31, 2017

Last sale price $194,900 $169 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $2,423/month

129 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Family Room
  • Wood Flooring
  • 1-Story Property
  • Dining Area

About This Home

As of March 2017

Ready to move in, totally rehabbed and affordable 3 beds 1 bath home. New paint, new laminated floor through the entire house, new fixtures, newer kitchen cabinets, new granite counter tops, new appliances. Fenced front yard. Very nice property.

Last Agent to Sell the Property

Carlos Orellana

BGA Properties Inc. License #01940274 Listed on: 10/02/2016

Last Buyer's Agent

Linda Vargas

RE/MAX All-Pro

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 7,405 Sq Ft Lot
  • Chain Link Fence

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Concrete Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,156 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Dining Area

Kitchen

  • Gas Range
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 3021-021-016

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Directions To Property: Going East on Palmdale Blvd., turn right on Pond Ave. to the property.
  • Listing Member Name: Carlos Orellana
  • Lot Measurement: SqFt
  • Prop. Type: Residential
  • Sp Percent Lp: 1.00
  • Square Footage: 1156.00
  • Tract Suffix: Avenue
  • Year Built: 1955
  • Property Sub Type: Single Family Residence
  • R V Access: No
  • Building Stories: 1 Story
  • Cross Street: Paved
  • Building Style: Traditional
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Bathrooms: 1.00
  • Appliances: Disposal, Gas Range
  • Basement Full Bathrooms: 1
  • Dining Room: Dining Area
  • Fireplace: None
  • Flooring: Hardwood, Tile

Exterior Features

  • Exterior Construction: Stucco, Wood
  • Roof: Composition
  • Exterior Features: Family Room
  • Fencing: Chain Link
  • Pool: None
  • Spa: None
  • Foundation: Concrete Slab

Garage/Parking

  • Garage Spaces: Attached
  • GarageNumberOfGarageSpaces: 2

Utilities

  • Sewer: Sewer in Street
  • Hot Water: Public Utility
  • Utilities: Natural Gas

Condo/Co-op/Association

  • HOA: No
  • Senior Housing Type: SFD (Single Family Dwelling)

Lot Info

  • Lot Acres: 0.17
  • Zoning: Residential
  • Horse Property: No

Tax Info

  • Assessor Parcel Number: 3021-021-016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2016
Closed on
Mar 14, 2017
Sold by
5Sl Estates 2 Llc
Bought by
Rivas Paul D
Seller's Agent
Carlos Orellana
BGA Properties Inc.
Buyer's Agent
Linda Vargas
RE/MAX All-Pro
List Price
$194,900
Sold Price
$194,900
Current Estimated Value
$404,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,003
Avg. Annual Appreciation
8.68%
Original Mortgage
$191,369
Outstanding Balance
$159,045
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$245,858

Purchase Details

Closed on
Oct 7, 2015
Sold by
Iqbal Mohammed S
Bought by
5Sl Estates 2 Llc

Purchase Details

Closed on
Jun 28, 2014
Sold by
Igbal Mohammed S
Bought by
5Sl Estates 2 Llc

Purchase Details

Closed on
Oct 25, 2012
Sold by
Sss Estates Llc
Bought by
Iqbal Mohammed Saqib

Purchase Details

Closed on
May 20, 2008
Sold by
Iqbal Mohammed Saqib and Lopez Luz E
Bought by
Sss Estates Llc

Purchase Details

Closed on
Mar 4, 2008
Sold by
Hsbc Mortgage Services Inc
Bought by
Iqbal Mohammed S and Lopez Luz E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 2007
Sold by
Borna Mehrnaz
Bought by
Hsbc Mortgage Services Inc

Purchase Details

Closed on
Mar 1, 2007
Sold by
Mokhtari Shahnaz and Mendoza Abraham
Bought by
Mendoza Mehrnaz Borna

Purchase Details

Closed on
Jan 27, 2006
Sold by
Borna Mehrnaz and Mehrnaz Borna Revocable Living
Bought by
Mokhtari Shahnaz

Purchase Details

Closed on
Dec 2, 2005
Sold by
Borna Mehrnaz
Bought by
Borna Mehrnaz and The Mehrnaz Borna Revocable Li

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
5.99%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 18, 2005
Sold by
Borna Mostafa
Bought by
Borna Mehrnaz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
5.99%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 17, 2005
Sold by
Salazar Ernest Lee
Bought by
Borna Mostafa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2003
Sold by
Salazar Arturo R
Bought by
Salazar Arturo R and Salazar Ernest Lee

Purchase Details

Closed on
Jun 28, 2001
Sold by
Cabrera Rudy L
Bought by
Salazar Arturo R

Purchase Details

Closed on
Aug 5, 1999
Sold by
Salazar Arturo R and Salazar Vera T
Bought by
Cabrera Rudy L

Purchase Details

Closed on
May 15, 1999
Sold by
Salazar Arturo R
Bought by
Salazar Vera T and Cabrera Rudy L

Purchase Details

Closed on
Jan 5, 1999
Sold by
Salazar Arturo R and Salazar Vera T
Bought by
Salazar Arturo R and Salazar Vera T

Purchase Details

Closed on
Jul 7, 1998
Sold by
Hud
Bought by
Salazar Arturo R and Salazar Vera T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,523
Interest Rate
6.9%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 12, 1998
Sold by
Homeside Lending Inc
Bought by
Hud

Purchase Details

Closed on
Feb 6, 1998
Sold by
Desantiago Lorenzo and Homeside Lending Inc
Bought by
Homeside Lending Inc and Bancboston Mtg Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rivas Paul D $195,000 Pacific Coast Title Company
Iqbal Mohammed S -- Pacific Coast Title Company
5Sl Estates 2 Llc -- None Available
5Sl Estates 2 Llc -- None Available
Iqbal Mohammed Saqib -- None Available
Sss Estates Llc -- None Available
Iqbal Mohammed S $120,000 Fidelity National
Hsbc Mortgage Services Inc $205,390 None Available
Mendoza Mehrnaz Borna -- Accommodation
Mokhtari Shahnaz -- Investors Title Company
Borna Mehrnaz -- --
Borna Mehrnaz $265,000 Old Republic Title Company
Borna Mostafa $215,000 Chicago Title
Salazar Ernest Lee -- Chicago Title
Borna Mostafa -- Chicago Title
Salazar Arturo R -- --
Salazar Arturo R -- --
Cabrera Rudy L -- --
Salazar Vera T -- --
Salazar Arturo R -- Investors Title Company
Salazar Arturo R $46,000 Stewart Title
Hud -- First Southwestern Title Co
Homeside Lending Inc $91,183 First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivas Paul D $191,369
Previous Owner Iqbal Mohammed S $96,000
Previous Owner Borna Mehrnaz $212,000
Previous Owner Borna Mostafa $172,000
Previous Owner Salazar Arturo R $46,523
Closed Borna Mostafa $43,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2017 03/31/17 Sold $194,900 0.0% $169 / Sq Ft
02/08/2017 02/08/17 Pending -- -- --
10/02/2016 10/02/16 For Sale $194,900 -- $169 / Sq Ft
Source: Greater Antelope Valley 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 $3,700 $226,310 $45,260 $181,050
2024 $3,700 $221,873 $44,373 $177,500
2023 $3,675 $217,523 $43,503 $174,020
2022 $3,536 $213,258 $42,650 $170,608
2021 $3,468 $209,077 $41,814 $167,263
2019 $3,367 $202,877 $40,575 $162,302
2018 $3,320 $198,900 $39,780 $159,120
2016 $1,591 $58,145 $14,561 $43,584
2015 $1,572 $57,273 $14,343 $42,930
2014 $1,562 $56,153 $14,063 $42,090
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Carlos Orellana

    BGA Properties Inc.

    (866) 768-2616

    21 in this area

    58 Total Sales

    Carlos Orellana
    Section Image

  • L

    Buyer's Agent in 2017

    Linda Vargas

    RE/MAX

See All Agents

Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 16009511

Greater Antelope Valley Association of REALTORS®

APN: 3021-021-016

California Los Angeles County Palmdale 93550 East Palmdale

38538 Pond Ave, Palmdale, CA

Not Listed for Sale

Detached

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