NOT LISTED FOR SALE

38878 Ocotillo Dr Palmdale, CA 93551

West Palmdale Neighborhood

Estimated Value: $358,000 - $432,310

3 Beds
1 Bath
1,088 Sq Ft
$364/Sq Ft Est. Value

Last Sold March 12, 2020

Last sale price $225,000 $207 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,419/month

5 Days on Market

About This Home

As of March 2020

Great opportunity on this 3+1, 1088 sq/ft home. Comps in the area for model matches currently as high as 265K. This is an investor special. dont miss out.

Last Agent to Sell the Property

Kevin patterson

RE/MAX All Pro - Palmdale License #01433032 Listed on: 02/14/2020

Last Buyer's Agent

Mario Menjivar

Select Service Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,858

Year Built

  • Built in 1955

Lot Details

  • 0.26 Acre Lot
  • Property is zoned LCRA7000

Parking

  • 2 Car Garage

Home Design

  • 1,088 Sq Ft Home
  • Ranch Style House
  • Frame Construction
  • Composition Roof
  • Stucco

Kitchen

  • Gas Oven

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 3003-022-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,858

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Directions To Property: Elizabeth Lake frontage road to Ocotillo, North to property.
  • Listing Member Name: Kevin Patterson
  • Listing Office Short Id: 4613
  • Lot Measurement: Acres
  • Open House Office I D: 20150204220327191776000000
  • Prop. Type: Residential
  • Selling Member Short Id: 75126
  • Selling Office Short Id: 7283
  • Sp Percent Lp: 1.05
  • Square Footage: 1088.00
  • Tract Suffix: Drive
  • Year Built: 1955
  • Property Sub Type: Single Family Residence
  • R V Access: Possible
  • Building Stories: 1 Story
  • Cross Street: Paved, Public
  • Audio Video Surveillance: No
  • House Sale Contingency: None
  • Building Style: Ranch
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Bathrooms: 1.00
  • Appliances: Gas Oven
  • Basement Full Bathrooms: 1
  • Fireplace: None
  • Sprinklers: None

Exterior Features

  • Exterior Construction: Frame, Stucco
  • Roof: Composition
  • Exterior Features: Downstairs Bedroom, Pets Allowed
  • Pool: None
  • Spa: None

Garage/Parking

  • Garage Spaces: Detached
  • GarageNumberOfGarageSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Hot Water: Public Utility
  • Utilities: Natural Gas

Condo/Co-op/Association

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

Lot Info

  • Lot Acres: 0.26
  • Zoning: LCRA7000
  • Horse Property: No

Green Features

  • Solar: None

Rental Info

  • Pet Deposit: 5000

Tax Info

  • Assessor Parcel Number: 3003-022-012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2020
Closed on
Mar 11, 2020
Sold by
Hernandez Miriam Ornelas
Bought by
Melendez Andres Ornelas
Seller's Agent
Kevin patterson
RE/MAX All Pro - Palmdale
Buyer's Agent
Mario Menjivar
Select Service Realty
List Price
$215,000
Sold Price
$225,000
Premium/Discount to List
$10,000
4.65%
Current Estimated Value
$395,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,578
Avg. Annual Appreciation
10.68%

Purchase Details

Listed on
Feb 14, 2020
Closed on
Feb 28, 2020
Sold by
Cvcr Properties Llc
Bought by
Melendez Andres Ornelas and Carcia Anahi Ornelas
Seller's Agent
Kevin patterson
RE/MAX All Pro - Palmdale
Buyer's Agent
Mario Menjivar
Select Service Realty
List Price
$215,000
Sold Price
$225,000
Premium/Discount to List
$10,000
4.65%

Purchase Details

Closed on
Apr 2, 2012
Sold by
Perez Henry A and Perez Ana L
Bought by
Cvcr Properties Llc

Purchase Details

Closed on
May 10, 2005
Sold by
Morrison Michael W and Morrison Catherine P
Bought by
Perez Henry A

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
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2002
Sold by
Morrison Michael W
Bought by
Morrison Michael W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
7.87%

Purchase Details

Closed on
Jul 23, 1998
Sold by
Morrison Catherine P
Bought by
Morrison Michael W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,415
Interest Rate
6.9%

Purchase Details

Closed on
Jun 3, 1998
Sold by
Clark Michael D and Hluchy Lois A
Bought by
Morrison Michael W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,415
Interest Rate
6.9%
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
Melendez Andres Ornelas -- North American Title Co Inc
Melendez Andres Ornelas $225,000 North American Title Co Inc
Cvcr Properties Llc $64,800 None Available
Perez Henry A $250,000 Stewart Title
Morrison Michael W -- Landsafe Title
Morrison Michael W -- Chicago Title Co
Morrison Michael W $69,500 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perez Henry A $200,000
Previous Owner Morrison Michael W $103,000
Previous Owner Morrison Michael W $67,415
Closed Perez Henry A $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2020 03/12/20 Sold $225,000 +4.7% $207 / Sq Ft
02/19/2020 02/19/20 Pending -- -- --
02/14/2020 02/14/20 For Sale $215,000 -- $198 / 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 $3,858 $246,064 $157,372 $88,692
2024 $3,858 $241,240 $154,287 $86,953
2023 $3,796 $236,511 $151,262 $85,249
2022 $3,665 $231,875 $148,297 $83,578
2021 $3,586 $227,330 $145,390 $81,940
2020 $1,805 $80,390 $20,096 $60,294
2019 $1,787 $78,814 $19,702 $59,112
2018 $1,764 $77,269 $19,316 $57,953
2016 $1,656 $74,270 $18,567 $55,703
2015 $1,635 $73,156 $18,289 $54,867
2014 $1,616 $71,724 $17,931 $53,793
Source: Public Records

Agents Affiliated with this Home

  • Kevin patterson

    Seller's Agent in 2020

    Kevin patterson

    RE/MAX

    (661) 547-1501

    6 in this area

    34 Total Sales

    Kevin patterson
    Section Image

  • M

    Buyer's Agent in 2020

    Mario Menjivar

    Select Service Realty

See All Agents

Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 20001359

Greater Antelope Valley Association of REALTORS®

APN: 3003-022-012

California Los Angeles County Palmdale 93551 West Palmdale

38878 Ocotillo Dr, Palmdale, CA

This home is located at 38878 Ocotillo Dr, Palmdale, CA 93551 since 14 February 2020 and is currently estimated at $395,578, approximately $363 per square foot. This property was built in 1955. 38878 Ocotillo Dr is a home located in Los Angeles County with nearby schools including Ocotillo Elementary School, David G. Millen Magnet Academy, and Highland High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Antelope Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes