NOT LISTED FOR SALE

40152 16th St W Palmdale, CA 93551

Northwest Palmdale Neighborhood

Estimated Value: $1,319,000 - $1,488,000

5 Beds
4.5 Baths
4,436 Sq Ft
$314/Sq Ft Est. Value

Sale Details

Date Sold: July 10, 2017

Last sale price $998,000 $225 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $8,943 / mo

63 Days on Market

Highlights

  • Horse Property
  • Custom Home
  • Fireplace in Primary Bedroom
  • RV Access or Parking
  • 5.08 Acre Lot
  • Bonus Room

About This Home

As of July 2017

Behind The Iron Gates Sits This Private Custom Built Estate On A Fully Fenced All Usable 5 Acre Lot. This Home Features Grandiose Elements & Finishes Including Caesar Palace-Like White Pillars, Arched Openings, Bay Windows, 3-inch Custom Plantation Shutters, Coved Ceilings w/ Elegant Crown Molding & Recessed Lighting On All Lights To Exude A Level Of Warmth & Sophistication. The Well-Appointed Interiors Of The Estate Feature Generous Living Spaces w/ 5 bedrooms, 5 Baths, A Gourmet Chef's Kitchen w/ A Massive Center Island & Top Of The Line Appliances, A Family Room, Formal Living Room, & A Dining Room All That Effortlessly Flows Seamlessly Throughout . The Home Is Magnificent Enough To Entertain While Maintaining An Air Of Intimacy.

Last Agent to Sell the Property

Farris Tarazi

Century 21 Masters Listed on: 03/09/2017

Last Buyer's Agent

Lindsay Garcia

HomeBased Realty License #01950534

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • 5.08 Acre Lot
  • Rectangular Lot
  • Front Yard Sprinklers
  • Lawn
  • Property is zoned Residential/ Horse Property

Home Design

  • Custom Home
  • Concrete Foundation
  • Tile Roof

Interior Spaces

  • 4,436 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Formal Dining Room
  • Den
  • Bonus Room

Kitchen

  • Double Convection Oven
  • Microwave
  • Dishwasher
  • Wine Cooler

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom

Parking

  • 4 Car Garage
  • RV Access or Parking

Outdoor Features

  • Horse Property

Utilities

  • Septic System
  • Internet Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 3005-007-039

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

5.08 Acres

Listing Details

  • House Faces: W
  • Directions To Property: From Los Angeles: 5 Freeway North, 14 Freeway North, Exit Rancho Vista Blvd. West On Ranch Vista Blvd. Right On 15th St W, Left On Avenue O8, Right On 16th St W to Property
  • Listing Member Name: Farris E Tarazi
  • Lot Measurement: SqFt
  • Prop. Type: Residential
  • Sp Percent Lp: 0.93
  • Square Footage: 4436.00
  • Tract Suffix: Street
  • Year Built: 2002
  • Property Sub Type: Single Family Residence
  • R V Access: Paved, Yes
  • Building Stories: 1 Story
  • Cross Street: Paved
  • Building Style: Custom
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Bathrooms: 5.00
  • Appliances: Convection Oven, Dishwasher, Double Oven, Microwave, Refrigerator, Wine/Beverage Cooler
  • Half Bathrooms: 1
  • Basement Full Bathrooms: 4
  • Dining Room: Dining Area, Formal
  • Fireplace: Family Room, Primary Bedroom
  • Sprinklers: Front

Exterior Features

  • Exterior Construction: Custom Home
  • Roof: Tile
  • Exterior Features: Bonus Room, Den/Study, Family Room, Lawn - Front, Lawn - Rear, View
  • Lot Size: Rectangular Lot
  • Pool: None
  • Spa: None
  • Foundation: Concrete Slab

Garage/Parking

  • Garage Spaces: Attached
  • GarageNumberOfGarageSpaces: 4

Utilities

  • Sewer: Septic System
  • Utilities: Internet

Condo/Co-op/Association

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

Lot Info

  • Lot Acres: 5.08
  • Zoning: Residential/ Horse Property
  • Horse Property: Yes

Green Features

  • Solar: None

Rental Info

  • Pet Deposit: 50000

Tax Info

  • Assessor Parcel Number: 3005-007-039

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2017
Closed on
Jun 30, 2017
Sold by
Bought by
Seller's Agent
Farris Tarazi
Century 21 Masters
Buyer's Agent
Lindsay Garcia
HomeBased Realty
List Price
$1,148,000
Sold Price
$998,000
Premium/Discount to List
-$150,000
-13.07%
Current Estimated Value
$1,392,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,716
Avg. Annual Appreciation
3.74%
Original Mortgage
$636,000
Interest Rate
0.0395%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 9, 2017
Closed on
May 11, 2017
Sold by
Bought by
Seller's Agent
Farris Tarazi
Century 21 Masters
Buyer's Agent
Lindsay Garcia
HomeBased Realty
List Price
$1,148,000
Sold Price
$998,000
Premium/Discount to List
-$150,000
-13.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,000
Interest Rate
0.0395%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
0.0625%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 15, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,750
Interest Rate
0.0425%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
0.0582%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 28, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
0.0582%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 21, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
0.0582%
Mortgage Type
Unknown

Purchase Details

Closed on
May 13, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,500
Interest Rate
0.0686%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- First American Title
$998,000 Fatcola
-- First American Title Company
-- First American Title Co Los
-- First American Title Co Los
-- Fidelity
-- Fidelity
-- Fidelity
$550,000 Fidelity
$115,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $636,000
Previous Owner $625,000
Previous Owner $479,750
Previous Owner $40,000
Previous Owner $440,000
Previous Owner $325,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/10/2017 07/10/17 Sold $998,000 -13.1% $225 / Sq Ft
05/11/2017 05/11/17 Pending -- -- --
03/09/2017 03/09/17 For Sale $1,148,000 -- $259 / Sq Ft
Source: Greater Antelope Valley Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $15,555 $1,203,591 $340,663 $862,928
2024 $14,723 $1,179,992 $333,984 $846,008
2023 $14,695 $1,156,856 $327,436 $829,420
2022 $14,030 $1,134,173 $321,016 $813,157
2021 $13,896 $1,111,935 $314,722 $797,213
2019 $13,350 $1,078,956 $305,388 $773,568
2018 $12,483 $998,000 $299,400 $698,600
2016 $8,142 $687,483 $146,810 $540,673
2015 $8,128 $677,157 $144,605 $532,552
2014 $8,084 $663,894 $141,773 $522,121
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2017

    Farris Tarazi

    Century 21 Masters

  • L

    Buyer's Agent in 2017

    Lindsay Garcia

    HomeBased Realty

See All Agents

Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 17002197

Greater Antelope Valley Association of REALTORS®

APN: 3005-007-039

California Los Angeles County Palmdale 93551 Northwest Palmdale

40152 16th St W, Palmdale, CA

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.

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