NOT LISTED FOR SALE

40318 Tesoro Ln Palmdale, CA 93551

West Palmdale Neighborhood

Estimated Value: $199,337 - $236,000

0.56 Acre
$390,018 Price per Acre
24,472 Sq Ft Lot

Last Sold November 08, 2021

Last sale price $190,000

Est. 15% increase in value since last sale

Current estimated payment $1,537/month

47 Days on Market

Highlights

  • 0.56 Acre Lot
  • Corner Lot
  • Neighborhood Views

About This Lot

As of November 2021

Last remaining vacant lot in the exclusive gated community of Montera Estates. Build your dream home here and be one of only 34 owners in this private community. Excellent location (30th West near Avenue O) to school, shopping, dining, Marie Kerr Park and Rancho Vista Golf Course.

Last Agent to Sell the Property

Simon Mills

Mills Realty of California License #01309436 Listed on: 09/04/2021

Last Buyer's Agent

Simon Mills

Mills Realty of California License #01309436 Listed on: 09/04/2021

Property Details

Property Type

  • Land

Lot Details

  • 0.56 Acre Lot
  • Property fronts a private road
  • Block Wall Fence
  • Corner Lot
  • Property is zoned LCA210-A22*

HOA Fees

  • $165 Monthly HOA Fees

Property Views

  • Neighborhood Views

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 45717
  • Assessor Parcel Number 3001077001
  • $381 per year additional tax assessments

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$165 per month

Listing Details

  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name Other: Montera Estates
  • Survey: Buyer Pays
  • View: Yes
  • Well Report: No
  • Zoning: LCA210-A22*
  • Property Type: Land
  • Parcel Number: 3001077001
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 7.76

Exterior Features

  • View: Neighborhood
  • Fencing: Block

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Well: No

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 165.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 24473.00
  • Lot Size Acres: 0.5618

Multi Family

  • Lot Size Area: 24473.0000 Square Feet

Tax Info

  • Tax Census Tract: 9102.10
  • Tax Lot: 1
  • Tax Tract Number: 45717
  • TaxOtherAnnualAssessmentAmount: 381.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2021
Closed on
Nov 1, 2021
Sold by
Revoca Justin and Revoca Gabriela
Bought by
L & J Gonzales Investments Llc
Seller's Agent
Simon Mills
Mills Realty of California
Buyer's Agent
Simon Mills
Mills Realty of California
List Price
$225,000
Sold Price
$190,000
Premium/Discount to List
-$35,000
-15.56%
Current Estimated Value
$219,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,112
Avg. Annual Appreciation
3.44%

Purchase Details

Closed on
Apr 8, 2009
Sold by
Zeidan Jihad M and Constantine Amy M
Bought by
Pawelek Adam

Purchase Details

Closed on
May 19, 2008
Sold by
Constantine Amy M
Bought by
Zeidan Jihad M

Purchase Details

Closed on
May 7, 2008
Sold by
Indymac Bank Fsb
Bought by
Zeidan Jihad

Purchase Details

Closed on
Mar 28, 2008
Sold by
Khoury Hani E and Khoury Linda G
Bought by
Indymac Bank Fsb

Purchase Details

Closed on
May 31, 2006
Sold by
Crump Gary L and Crump Brenda S
Bought by
Khoury Hani E and Khoury Linda G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
5.87%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 9, 2002
Sold by
Duvall Scot and Duvall Paula
Bought by
Crump Gary L and Crump Brenda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
7.17%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Date Buyer Sale Price Title Company
L & J Gonzales Investments Llc -- Accommodation/Courtesy Recordi
Pawelek Adam $100,000 Fidelity Van Nuys
Zeidan Jihad M -- Lsi Title Company
Zeidan Jihad -- Lsi Title Company
Indymac Bank Fsb $234,910 None Available
Khoury Hani E $300,000 Fatcola
Crump Gary L $70,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Khoury Hani E $270,000
Previous Owner Crump Gary L $63,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2021 11/08/21 Sold $190,000 -9.5% --
10/21/2021 10/21/21 Pending -- -- --
09/22/2021 09/22/21 Price Changed $210,000 -6.7% --
09/04/2021 09/04/21 For Sale $225,000 -- --
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 $2,804 $67,800 $67,800 --
2024 $2,804 $197,676 $197,676 --
2023 $2,767 $193,800 $193,800 $0
2022 $2,710 $190,000 $190,000 $0
2021 $1,833 $119,246 $119,246 $0
2019 $1,775 $115,710 $115,710 $0
2018 $1,752 $113,442 $113,442 $0
2016 $1,655 $109,038 $109,038 $0
2015 $1,629 $107,401 $107,401 $0
2014 $1,617 $105,298 $105,298 $0
Source: Public Records

Agents Affiliated with this Home

  • Simon Mills

    Seller's Agent in 2021

    Simon Mills

    Mills Realty of California

    (818) 763-4462

    3 in this area

    297 Total Sales

    Simon Mills
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21195379

California Regional Multiple Listing Service (CRMLS)

APN: 3001-077-001

California Los Angeles County Palmdale 93551 West Palmdale

40318 Tesoro Ln, Palmdale, CA

Not Listed for Sale

Lots

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