NOT LISTED FOR SALE

40516 Gorham Ln Palmdale, CA 93551

West Palmdale Neighborhood

Estimated Value: $602,000 - $631,000

4 Beds
3 Baths
2,325 Sq Ft
$267/Sq Ft Est. Value

About This Home

This home is located at 40516 Gorham Ln, Palmdale, CA 93551 and is currently estimated at $620,400, approximately $266 per square foot. 40516 Gorham Ln 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
Apr 3, 2020
Sold by
Houston Barbara J
Bought by
Houston Barbara J
Current Estimated Value
$601,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Outstanding Balance
$156,589
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$463,811

Purchase Details

Closed on
Aug 15, 2012
Sold by
Houston Barbara J
Bought by
Houston Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2007
Sold by
Houston Steve and Houston Barbara Jean
Bought by
Houston Barbara Jean

Purchase Details

Closed on
Aug 10, 2004
Sold by
Fousek Steven David and Fousek Barbara Jean
Bought by
Houston Steve
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Houston Barbara J -- Stewart Title Of California
Houston Barbara J -- First American Els
Houston Barbara Jean -- None Available
Houston Steve -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Houston Barbara J $176,000
Closed Houston Barbara J $237,000
Closed Houston Barbara Jean $250,000
Closed Houston Steve $180,708
Previous Owner Fousek Steven David $151,000
Source: Public Records

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 $4,611 $305,689 $85,477 $220,212
2024 $4,611 $299,696 $83,801 $215,895
2023 $4,567 $293,820 $82,158 $211,662
2022 $4,489 $288,060 $80,548 $207,512
2021 $4,406 $282,413 $78,969 $203,444
2019 $4,292 $274,038 $76,628 $197,410
2018 $4,222 $268,666 $75,126 $193,540
2016 $3,991 $258,235 $72,209 $186,026
2015 $3,942 $254,357 $71,125 $183,232
2014 $3,918 $249,375 $69,732 $179,643
Source: Public Records

Map

California Los Angeles County Palmdale 93551 West Palmdale

40516 Gorham Ln, Palmdale, CA

This home is located at 40516 Gorham Ln, Palmdale, CA 93551 and is currently estimated at $620,400, approximately $266 per square foot. 40516 Gorham Ln is a home located in Los Angeles County with nearby schools including Esperanza Elementary School, Hillview Middle, and Quartz Hill High School.

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