NOT LISTED FOR SALE

40262 Tesoro Ln Palmdale, CA 93551

West Palmdale Neighborhood

Estimated Value: $699,000 - $912,000

5 Beds
4 Baths
3,576 Sq Ft
$234/Sq Ft Est. Value

Sale Details

Date Sold: January 12, 2016

Last sale price $510,000 $143 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $5,197 / mo

20 Days on Market

Highlights

  • All Bedrooms Downstairs
  • 0.55 Acre Lot
  • Traditional Architecture
  • Gated Community
  • Family Room with Fireplace
  • Loft

About This Home

As of January 2016

WATCH THE HD VIRTUAL TOUR! Exclusive Rancho Vista POOL & SPA Estate! Located In The Prestigious Gated Community Of Montera Estates. Be One Of The Only 34 Owners In This Private Community. Downstairs Bedroom w/ Full Bath! HUGE Nearly 1/2 Acre Lot! Private Dining Room w/ High Ceilings. 2 Beautiful Staircases! Upstairs Loft! Grand Master Suite Has A Duel Sided Fireplace, His & Her Closets, Vaulted Ceilings, His & Her Sinks, Large Tub & Large Separate Shower! Open Living and Family Area! The Spacious Kitchen Features Many Cabinets, An Island, Dual Ovens, And Stainless Steel Appliances! Excellent Location Central to Schools, Shopping, Dining, Freeway, Marie Kerr Park, Rancho Vista Golf Course & The Freeway!

Last Agent to Sell the Property

Farris Tarazi

Century 21 Masters Listed on: 10/16/2015

Last Buyer's Agent

Farris Tarazi

First Team Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1992

Lot Details

  • 23,958 Sq Ft Lot
  • Block Wall Fence
  • Rectangular Lot
  • Front Yard Sprinklers
  • Lawn

HOA Fees

  • $90 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

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

Interior Spaces

  • 3,576 Sq Ft Home
  • Family Room with Fireplace
  • Formal Dining Room
  • Loft
  • Laundry on lower level

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 4 Full Bathrooms

Pool

  • Gas Heated Pool
  • Gunite Pool
  • Gunite Spa

Additional Features

  • Balcony
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 3001-077-036

Community Details

Overview

  • Association fees include exterior maintenance
  • Montera Estates HOA

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1992

Lot Details

0.55 Acres

HOA Fees

$90 per month

Listing Details

  • Listing Member Name: Farris E Tarazi
  • Lot Measurement: Acres
  • Prop. Type: Residential
  • Sp Percent Lp: 0.99
  • Square Footage: 3576.00
  • Tract Suffix: Lane
  • Year Built: 1992
  • Property Sub Type: Single Family Residence
  • R V Access: Possible
  • Building Stories: 2 Stories
  • Cross Street: Paved, Private
  • HOATerms: Monthly
  • Building Style: Traditional
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Appliances: Dishwasher, Disposal, Microwave
  • Basement Full Bathrooms: 4
  • Dining Room: Formal
  • Fireplace: Family Room
  • Laundry: Downstairs
  • Sprinklers: Front

Exterior Features

  • Exterior Construction: Stucco, Wood
  • Roof: Tile
  • Exterior Features: Downstairs Bedroom, Family Room, Gated Community, Lawn - Front, Lawn - Rear, Loft, View
  • Fencing: Block
  • Lot Size: Rectangular Lot
  • Patio: Balcony
  • Pool: Gas Heat, Gunite, In Ground
  • Spa: Gas Heated, In Ground Gunite
  • Foundation: Concrete Slab

Garage/Parking

  • Garage Spaces: Attached
  • GarageNumberOfGarageSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Hot Water: Public Utility
  • Utilities: Internet

Condo/Co-op/Association

  • HOA: Yes
  • H O A Includes: Exterior Maintenance
  • Senior Housing Type: SFD (Single Family Dwelling)
  • HOA Fees: 90.00
  • HOA Name: Montera Estates HOA

Lot Info

  • Lot Acres: 0.55
  • Zoning: Residential
  • Horse Property: No

Rental Info

  • Pet Deposit: 15000

Tax Info

  • Assessor Parcel Number: 3001-077-036

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2015
Closed on
Nov 5, 2015
Sold by
Paxton Christopher and Paxton Andrea
Bought by
Morris John F and Morris Hyacinth Jo
Seller's Agent
Farris Tarazi
Real Brokerage Technologies, Inc.
Buyer's Agent
Farris Tarazi
eXp Realty of California Inc
List Price
$514,990
Sold Price
$510,000
Premium/Discount to List
-$4,990
-0.97%
Current Estimated Value
$835,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,070
Avg. Annual Appreciation
4.87%
Original Mortgage
$500,762
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 28, 2011
Sold by
Paxton William and Paxton Mary
Bought by
Paxton Christopher and Paxton Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,817
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 19, 2010
Sold by
Paxton William and Paxton Mary
Bought by
Paxton William and Paxton Mary

Purchase Details

Closed on
Jun 16, 2008
Sold by
Paxton William
Bought by
Paxton William and Paxton Mary

Purchase Details

Closed on
May 6, 2008
Sold by
Paxton Mary
Bought by
Paxton William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 2008
Sold by
Palmer Alyson Martin and The Donna Rae Martin Trust
Bought by
Paxton William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2002
Sold by
Tarazi Farris E and Tarazi Elvia G
Bought by
Tarazi Farris E and Tarazi Elvia G

Purchase Details

Closed on
Apr 22, 2002
Sold by
Martin Donna Rae and Donna Rae Martin Trust
Bought by
Martin Donna Rae and Donna Rae Martin Trust
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
Morris John F $510,000 First American Title
Paxton Christopher -- Fidelity National Title Co
Paxton William -- None Available
Paxton William -- None Available
Paxton William -- Chicago Title Company
Paxton William $400,000 Chicago Title Company
Tarazi Farris E -- --
Martin Donna Rae -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morris John F $500,762
Previous Owner Paxton Christopher $390,817
Previous Owner Paxton William $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2016 01/12/16 Sold $510,000 -1.0% $143 / Sq Ft
11/05/2015 11/05/15 Pending -- -- --
10/16/2015 10/16/15 For Sale $514,990 -- $144 / Sq Ft
Source: Greater Antelope Valley Association of REALTORS®

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 $8,518 $603,728 $150,338 $453,390
2024 $8,518 $591,891 $147,391 $444,500
2023 $8,433 $580,286 $144,501 $435,785
2022 $8,283 $568,909 $141,668 $427,241
2021 $8,130 $557,755 $138,891 $418,864
2019 $7,908 $541,214 $134,772 $406,442
2018 $7,783 $530,603 $132,130 $398,473
2016 $6,230 $417,000 $83,400 $333,600
2015 $6,225 $417,000 $83,400 $333,600
2014 $5,322 $338,000 $67,600 $270,400
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2016

    Farris Tarazi

    Century 21 Masters

See All Agents

Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 15012183

Greater Antelope Valley Association of REALTORS®

APN: 3001-077-036

California Los Angeles County Palmdale 93551 West Palmdale

40262 Tesoro Ln, 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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