40506 Flag Way Palmdale, CA 93551
West Palmdale NeighborhoodEstimated Value: $661,000 - $689,000
5
Beds
3
Baths
3,256
Sq Ft
$207/Sq Ft
Est. Value
About This Home
This home is located at 40506 Flag Way, Palmdale, CA 93551 and is currently estimated at $675,103, approximately $207 per square foot. 40506 Flag Way is a home located in Los Angeles County with nearby schools including Esperanza Elementary School, Hillview Middle, and Quartz Hill High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 23, 2012
Sold by
Department Of Veterans Affairs Of The St
Bought by
Chang Mario R and Chang Ana
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,404
Outstanding Balance
$40,407
Interest Rate
3.83%
Mortgage Type
VA
Estimated Equity
$634,696
Purchase Details
Closed on
Sep 23, 2008
Sold by
Va
Bought by
Chang Mario R
Purchase Details
Closed on
Aug 15, 2008
Sold by
Bank Of New York
Bought by
Va
Purchase Details
Closed on
Dec 11, 2007
Sold by
Magdaleno Rosa
Bought by
Bank Of New York and Cwalt Inc Alternative Loan Trust 2005-24
Purchase Details
Closed on
Feb 1, 2006
Sold by
Magdaleno Rosa
Bought by
Magdaleno Rosa
Purchase Details
Closed on
Feb 23, 2005
Sold by
Cossairt Violet Geraldine and Cossairt Family Trust
Bought by
Magdaleno Rosa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,200
Interest Rate
1%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Sep 10, 2002
Sold by
Cossairt Violet Geraldine
Bought by
Cossairt Violet Geraldine and The Cossairt Family Trust
Purchase Details
Closed on
Jun 5, 2002
Sold by
Cossairt Violet Geraldine and Cossairt Family Revocable Tr #
Bought by
Cossairt Violet Geraldine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,000
Interest Rate
5.87%
Purchase Details
Closed on
Jan 22, 2001
Sold by
Cossairt Violet G
Bought by
Cossairt Violet Geraldine and The Cossairt Family Revocable Tr#565-22-
Purchase Details
Closed on
Aug 8, 2000
Sold by
Beazer Homes Holdings Corp
Bought by
Cossairt Violet G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,750
Interest Rate
7.86%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chang Mario R | -- | First American Title Company | |
| Chang Mario R | -- | None Available | |
| Va | $310,000 | First American Title Company | |
| Bank Of New York | $444,638 | Landsafe Title | |
| Magdaleno Rosa | -- | Accommodation | |
| Magdaleno Rosa | $479,000 | Fidelity National Title Co | |
| Cossairt Violet Geraldine | -- | -- | |
| Cossairt Violet Geraldine | -- | Commonwealth Land Title Co | |
| Cossairt Violet Geraldine | -- | -- | |
| Cossairt Violet G | $242,500 | Investors Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chang Mario R | $316,404 | |
| Previous Owner | Magdaleno Rosa | $383,200 | |
| Previous Owner | Cossairt Violet Geraldine | $193,000 | |
| Previous Owner | Cossairt Violet G | $193,750 | |
| Closed | Magdaleno Rosa | $47,900 |
Source: Public Records
Tax History Compared to Growth
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 | $5,731 | $399,192 | $79,834 | $319,358 |
| 2024 | $5,731 | $391,366 | $78,269 | $313,097 |
| 2023 | $5,718 | $383,693 | $76,735 | $306,958 |
| 2022 | $5,620 | $376,171 | $75,231 | $300,940 |
| 2021 | $5,514 | $368,796 | $73,756 | $295,040 |
| 2019 | $5,368 | $357,859 | $71,569 | $286,290 |
| 2018 | $5,282 | $350,843 | $70,166 | $280,677 |
| 2016 | $4,981 | $337,222 | $67,443 | $269,779 |
| 2015 | $4,919 | $332,157 | $66,430 | $265,727 |
| 2014 | $4,878 | $325,651 | $65,129 | $260,522 |
Source: Public Records
Map
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