NOT LISTED FOR SALE

40332 Ridgemist St Palmdale, CA 93591

Estimated Value: $359,000 - $435,000

3 Beds
2 Baths
1,322 Sq Ft
$295/Sq Ft Est. Value

Last Sold December 10, 2014

Last sale price $110,000 $83 Per Sq Ft

Est. 255% increase in value since last sale

Current estimated payment $2,212/month

Highlights

  • RV Access or Parking
  • Corner Lot
  • 2 Car Attached Garage
  • All Bedrooms Downstairs
  • No HOA
  • Central Heating and Cooling System

About This Home

As of December 2014

Beautiful 3 bedroom and 2 bathroom home in Lake Los Angeles! Property is in good shape with a large lot and priced to sell!!

Last Agent to Sell the Property

Manny Meneses

Park Regency Realty License #01476573 Listed on: 08/19/2014

Park Regency Realty

Last Buyer's Agent

Erica Hernandez

No Firm Affiliation License #01954606

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,785

Year Built

  • Built in 1987

Lot Details

  • 0.46 Acre Lot
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Parking Available
  • RV Access or Parking

Interior Spaces

  • 1,322 Sq Ft Home
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Full Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Conventional Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 130
  • Tax Tract Number 28493
  • Assessor Parcel Number 3072016019

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,785

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 3072016019
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1322.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 83.21
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: RV Access/Parking
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 20101.00
  • Lot Size Acres: 0.4610

Multi Family

  • Lease Considered: No
  • Lot Size Area: 20101.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 130
  • Tax Tract Number: 28493

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2014
Closed on
Nov 6, 2014
Sold by
Summer Wind Partners Llc
Bought by
Lopez Patricia
Seller's Agent
Manny Meneses
Park Regency Realty
Buyer's Agent
Erica Hernandez
No Firm Affiliation
List Price
$129,000
Sold Price
$110,000
Premium/Discount to List
-$19,000
-14.73%
Current Estimated Value
$390,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,276
Avg. Annual Appreciation
12.38%
Original Mortgage
$104,500
Outstanding Balance
$71,495
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$318,782

Purchase Details

Listed on
Aug 19, 2014
Closed on
Oct 31, 2014
Sold by
Platero Jose Luis
Bought by
Lopez Patricia
Seller's Agent
Manny Meneses
Park Regency Realty
Buyer's Agent
Erica Hernandez
No Firm Affiliation
List Price
$129,000
Sold Price
$110,000
Premium/Discount to List
-$19,000
-14.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,500
Outstanding Balance
$71,495
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$318,782

Purchase Details

Closed on
Dec 13, 2011
Sold by
Palos Development Group Llc
Bought by
Summer Wind Partners Llc

Purchase Details

Closed on
Jun 7, 2010
Sold by
Ovalle Ricardo Alejandro
Bought by
Palos Development Group Llc

Purchase Details

Closed on
Jul 20, 2005
Sold by
Ortiz Monica
Bought by
Ovalle Ricardo Alejandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
5.56%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 2, 2005
Sold by
Sullivan Joellyn N and Sullivan Separate Pr Joellyn N
Bought by
Ovalle Ricardo Alejandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
5.56%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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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
Lopez Patricia $110,000 Nations Title Company
Lopez Patricia -- Nations Title Company
Summer Wind Partners Llc -- North American Title Co
Palos Development Group Llc -- Investors Title Company
Ovalle Ricardo Alejandro -- First American Title Company
Ovalle Ricardo Alejandro $235,000 Fatcola
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Patricia $104,500
Previous Owner Ovalle Ricardo Alejandro $47,000
Previous Owner Ovalle Ricardo Alejandro $188,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2014 12/10/14 Sold $110,000 -14.7% $83 / Sq Ft
10/21/2014 10/21/14 Pending -- -- --
08/19/2014 08/19/14 For Sale $129,000 -- $98 / Sq Ft
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 $1,785 $132,195 $26,436 $105,759
2024 $1,785 $129,604 $25,918 $103,686
2023 $1,761 $127,063 $25,410 $101,653
2022 $1,735 $124,572 $24,912 $99,660
2021 $1,696 $122,130 $24,424 $97,706
2019 $1,642 $118,509 $23,700 $94,809
2018 $1,590 $116,186 $23,236 $92,950
2016 $1,490 $111,677 $22,335 $89,342
2015 $1,469 $110,000 $22,000 $88,000
2014 $882 $55,739 $14,344 $41,395
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR14178680

California Regional Multiple Listing Service (CRMLS)

APN: 3072-016-019