NOT LISTED FOR SALE

40333 Tesoro Ln Palmdale, CA 93551

West Palmdale Neighborhood

Estimated Value: $904,000 - $994,000

5 Beds
3.5 Baths
3,576 Sq Ft
$260/Sq Ft Est. Value

Last Sold October 30, 2023

Last sale price $875,000 $245 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,970/month

19 Days on Market

Highlights

  • All Bedrooms Downstairs
  • 0.47 Acre Lot
  • Loft
  • Gated Community
  • Fireplace in Primary Bedroom
  • Lawn

About This Home

As of October 2023

***LIVE BEAUTIFULLY*** Luxury 5 Bedroom ''Technology Smart Home'' Grand Estate w/ PAID SOLAR! OVER $200,000 In Upgrades & Amenities! NO MELLO-ROOS! Located In The Highly Desired Gated Community Of Montera Estates (A Private Community w/ Only 35 Homes), This Estate Offers Stunning Curb Appeal w/ NEW Garage Doors, A Circular Driveway, A Water Fountain, Palm Trees, Roses, Flowers, And Lighting Galore! Welcome Home Through The Custom Wrought-Iron Glass Front Door! Soaring Ceilings Upon Entry w/ A Formal Living & Formal Dining Room. NEW Water Heater! The Gourmet Chef's Kitchen Has Been Completely Renovated & Boasts Custom Cabinetry w/ Soft Close Drawers, All NEW VIKING Appliances That Includes A Built-In Fridge, A 6 Burner Range, And A Beverage Fridge, Wrought Iron Pendant Lighting, And A Custom 10 Foot Island w/ Bar Stool Seating That Opens Up To The Large Family Room w/ A Marble Fireplace And Mantle! Plantation Shutters, LED Lighting, Upgraded Baseboards, And Upgraded Flooring Throughout Enriches The Home. Downstairs Bed & A Full Bathroom PLUS An Additional Half Bath Downstairs. 2 Staircases! Enter Throughout Your Double Door Entry To Your Master Suite That Showcases Vaulted Ceilings, Ample Lighting, A Dual Sided Gas Fireplace, A Therapy Jetted Tub, Dual Vanities, And A Large Walk-In Closet! Laundry Shoot! Upstairs Loft! NEW Interior Paint & NEWLY Exterior Painted Trim. Marble Flooring Throughout The Downstairs, NEW Wood Laminate Flooring Upstairs, And NEW Carpet On The Stairs! The MASSIVE Private Park-like Backyard Features A Covered Patio, Block Walls All Around, Mature Palms, And A Large Grass Area! Don't Forget The PAID IN FULL 25 PANEL SOLAR SYSTEM! Additional Amenities Include A NEW A/C Unit, An Electric Car Plug In, Overhead Storage In The Garage, And Smart Home Technology That Includes Many Controls Done By The Phone, A Ring Doorbell, And KUNA Cameras/Lights!

Last Agent to Sell the Property

Farris Tarazi

Real Brokerage Technologies License #01836023 Listed on: 09/07/2023

Real Brokerage Technologies

Last Buyer's Agent

Eric Burgos

License #01184980

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1993

Lot Details

  • 0.47 Acre Lot
  • Cul-De-Sac
  • Back Yard Fenced
  • Block Wall Fence
  • Lawn
  • Property is zoned LCA210-A22

HOA Fees

  • $165 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Concrete Foundation
  • Tile Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,576 Sq Ft Home
  • Family Room with Fireplace
  • Formal Dining Room
  • Loft

Kitchen

  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • All Bedrooms Down

Laundry

  • Laundry Room
  • Laundry on lower level

Additional Features

  • Solar owned by seller
  • Covered Patio or Porch

Listing and Financial Details

  • Assessor Parcel Number 3001-077-005

Community Details

Overview

  • Bartlein & Company HOA

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1993

Lot Details

0

HOA Fees

$165 per month

Listing Details

  • Directions To Property: 15N to 14n, Exit Ranch Vista, Left on Rancho Vista, Right on 30th St W, Left on Montera Ave, Right on Tesoro Ln. Property on the right.
  • Listing Member Name: Farris E Tarazi
  • Lot Measurement: SqFt
  • Prop. Type: Residential
  • Sp Percent Lp: 0.97
  • Square Footage: 3576.00
  • Tract Suffix: Lane
  • Year Built: 1993
  • Tax Legal Tract Number: TR=45717 L
  • Property Sub Type: Single Family Residence
  • R V Access: Possible
  • Building Stories: 2 Stories
  • Cross Street: Paved, Private
  • Audio Video Surveillance: Yes
  • HOATerms: Monthly
  • House Sale Contingency: None
  • Building Style: Tract
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave
  • Half Bathrooms: 1
  • Basement Full Bathrooms: 3
  • Dining Room: Breakfast Bar, Dining Area, Formal
  • Fireplace: Family Room, Primary Bedroom
  • Flooring: Laminate, Tile
  • Laundry: Downstairs, Laundry Room

Exterior Features

  • Exterior Construction: Stucco, Wood
  • Roof: Tile
  • Exterior Features: Downstairs Bedroom, Family Room, Gated Community, Lawn - Front, Lawn - Rear, Loft
  • Fencing: Back Yard, Block
  • Lot Size: Cul-De-Sac
  • Patio: Covered
  • Pool: None
  • Spa: None
  • Foundation: Concrete Slab

Garage/Parking

  • Garage Spaces: Attached
  • GarageNumberOfGarageSpaces: 3

Utilities

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

Condo/Co-op/Association

  • HOA: Yes
  • Senior Housing Type: SFD (Single Family Dwelling)
  • HOA Fees: 165.00
  • HOA Name: Bartlein & Company

Lot Info

  • Lot Acres: 0.47
  • Zoning: LCA210-A22
  • Horse Property: No

Green Features

  • Solar: Own/Paid

Rental Info

  • Pet Deposit: 3%

Tax Info

  • Assessor Parcel Number: 3001-077-005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2023
Closed on
Sep 28, 2023
Sold by
Gedjeyan Janet and Akopyan Nelli
Bought by
Michel Roberto and Michel Nancy
Seller's Agent
Farris Tarazi
Real Brokerage Technologies
Buyer's Agent
Eric Burgos
List Price
$899,990
Sold Price
$875,000
Premium/Discount to List
-$24,990
-2.78%
Views
132
Current Estimated Value
$929,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,520
Avg. Annual Appreciation
2.77%

Purchase Details

Closed on
Aug 5, 2022
Sold by
Castillo Patrick and Gedjeyan Janet
Bought by
Gedjeyan Janet and Akopyan Nelli

Purchase Details

Listed on
Jun 21, 2017
Closed on
Jul 3, 2017
Sold by
Harris Joliene and Harris Chad
Bought by
Castillo Patrick and Gedjeyan Janet
Seller's Agent
Farris Tarazi
Century 21 Masters
Buyer's Agent
Unknown Member
NON-MEMBER OFFICE
List Price
$559,990
Sold Price
$550,000
Premium/Discount to List
-$9,990
-1.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.41%
Original Mortgage
$522,500
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 1, 2015
Closed on
May 4, 2015
Sold by
Dammanwalla Fayyaz and Dammanwalla Meena
Bought by
Harris Joliene and Harris Chad
Seller's Agent
Farris Tarazi
Century 21 Masters
Buyer's Agent
Darlene Carter
HomeBased Realty
List Price
$514,995
Sold Price
$514,990
Premium/Discount to List
-$5
0.0%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.98%
Original Mortgage
$411,996
Interest Rate
3.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 1999
Sold by
Bankers Trust Company Of California
Bought by
Dammanwalla Fayyaz and Dammanwalla Meena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,600
Interest Rate
7.82%

Purchase Details

Closed on
Aug 30, 1999
Sold by
Woodward Robert and Woodward Cynthia
Bought by
Mortgage Pass Through Certificates Serie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,600
Interest Rate
7.82%

Purchase Details

Closed on
Jan 31, 1994
Sold by
California Community Builders Palmdale
Bought by
Woodward Robert and Woodward Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,550
Interest Rate
6.98%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Michel Roberto $875,000 Ticor Title
Gedjeyan Janet -- Fidelity National Title
Castillo Patrick $550,000 Fatco
Harris Joliene $515,000 Fidelity
Dammanwalla Fayyaz $287,000 Guardian Title Company
Mortgage Pass Through Certificates Serie $242,100 Landsafe Title
Woodward Robert $294,000 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Castillo Patrick $522,500
Previous Owner Harris Joliene $411,996
Previous Owner Dammanwalla Fayyaz $272,600
Previous Owner Woodward Robert $264,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2023 10/30/23 Sold $875,000 -2.8% $245 / Sq Ft
09/26/2023 09/26/23 Pending -- -- --
09/07/2023 09/07/23 For Sale $899,990 +63.6% $252 / Sq Ft
08/09/2017 08/09/17 Sold $550,000 -1.8% $154 / Sq Ft View Prior Sale
07/01/2017 07/01/17 Pending -- -- --
06/21/2017 06/21/17 For Sale $559,990 +8.7% $157 / Sq Ft
05/15/2015 05/15/15 Sold $514,990 0.0% $144 / Sq Ft View Prior Sale
04/06/2015 04/06/15 Pending -- -- --
04/01/2015 04/01/15 For Sale $514,995 -- $144 / 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 $11,918 $892,500 $334,458 $558,042
2024 $11,918 $875,000 $327,900 $547,100
2023 $8,713 $601,503 $150,375 $451,128
2022 $8,558 $589,710 $147,427 $442,283
2021 $8,398 $578,148 $144,537 $433,611
2019 $8,168 $561,000 $140,250 $420,750
2018 $8,039 $550,000 $137,500 $412,500
2016 $10,001 $522,853 $131,982 $390,871
2015 $5,639 $367,015 $73,398 $293,617
2014 -- $359,827 $71,961 $287,866
Source: Public Records

Agents Affiliated with this Home

  • Farris Tarazi

    Seller's Agent in 2023

    Farris Tarazi

    Real Brokerage Technologies

    (661) 388-0575

    157 in this area

    651 Total Sales

    Farris Tarazi
    Section Image

  • E

    Buyer's Agent in 2023

    Eric Burgos

    Section Image

  • U

    Buyer's Agent in 2017

    Unknown Member

    NON-MEMBER OFFICE

  • D

    Buyer's Agent in 2015

    Darlene Carter

    HomeBased Realty

See All Agents

Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 23006227

Greater Antelope Valley Association of REALTORS®

APN: 3001-077-005

California Los Angeles County Palmdale 93551 West Palmdale

40333 Tesoro Ln, Palmdale, CA

Not Listed for Sale

Detached

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