NOT LISTED FOR SALE

40843 16th St W Palmdale, CA 93551

Northwest Palmdale Neighborhood

Estimated Value: $543,000 - $721,000

3 Beds
2 Baths
2,392 Sq Ft
$280/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $500,000 $209 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,206/month

13 Days on Market

Highlights

  • In Ground Pool
  • 2 Car Attached Garage
  • Central Heating and Cooling System
  • No HOA
  • Laundry Room
  • 1-Story Property

About This Home

As of January 2021

Newly remodeled home in a prestigious area of Palmdale!! The living room is spacious and has plenty of natural light, 3 bedrooms/2 baths plus two additional dwellings, the kitchen has been updated with new appliances and has plenty of cabinet space, new flooring and paint throughout, bathrooms have been updated and have new fixtures, plus spend some time in the cozy sun room and pool, just perfect for some rest & relaxation! HUGE yard. Don't let this one pass you by. See it today!

Last Agent to Sell the Property

Mike Durkin

LIGHTHOUSE REAL ESTATE License #00911921 Listed on: 11/03/2020

Last Buyer's Agent

Michael Ambos

LIGHTHOUSE REAL ESTATE License #01340231

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,694

Year Built

  • Built in 1975

Lot Details

  • 1.3 Acre Lot
  • Corners Of The Lot Have Been Marked
  • Property is zoned LCA22*

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,392 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • In Ground Pool
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 54
  • Assessor Parcel Number 3005018014

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,694

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LCA22*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 3005018014
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2392.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 209.03
  • Room Type: Living Room

Exterior Features

  • Pool Features: Private, In Ground
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Septic Type Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corners Marked
  • Lot Size Sq Ft: 56742.00
  • Lot Size Acres: 1.3026

Multi Family

  • Lease Considered: No
  • Lot Size Area: 56742.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 9102.02
  • Tax Lot: 54
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2020
Closed on
Jan 14, 2021
Sold by
Blue Wave Investments Inc
Bought by
Leon Eduardo Lopez and Leon Octavio
Seller's Agent
Mike Durkin
LIGHTHOUSE REAL ESTATE
Buyer's Agent
Michael Ambos
LIGHTHOUSE REAL ESTATE
List Price
$499,900
Sold Price
$500,000
Premium/Discount to List
$100
0.02%
Current Estimated Value
$660,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,481
Avg. Annual Appreciation
6.58%
Original Mortgage
$475,000
Outstanding Balance
$425,876
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$242,807

Purchase Details

Listed on
Nov 3, 2020
Closed on
Dec 11, 2020
Sold by
Veron Dina
Bought by
Leon Octavio
Seller's Agent
Mike Durkin
LIGHTHOUSE REAL ESTATE
Buyer's Agent
Michael Ambos
LIGHTHOUSE REAL ESTATE
List Price
$499,900
Sold Price
$500,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Outstanding Balance
$425,876
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$242,807

Purchase Details

Closed on
Jul 6, 2020
Sold by
Sprunger Steven R
Bought by
Blue Wave Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 14, 2017
Sold by
Sprunger Steven R
Bought by
Sprunger Steven R

Purchase Details

Closed on
Apr 23, 1999
Sold by
Ryan Richard
Bought by
Sprunger Steven R and Sprunger Mandy B

Purchase Details

Closed on
Jan 22, 1999
Sold by
Ryan Richard
Bought by
Ryan Kristy and Ryan Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.63%
Source: Public Records

Range of Values:

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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
Leon Eduardo Lopez $500,000 Orange Coast Ttl Co Of Socal
Leon Octavio -- Orange Coast Title Company
Blue Wave Investments Inc $208,500 Orange Coast Ttl Co Of Socal
Sprunger Steven R -- None Available
Sprunger Steven R $155,000 Chicago Title Co
Ryan Kristy -- American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leon Eduardo Lopez $475,000
Previous Owner Blue Wave Investments Inc $210,000
Previous Owner Sprunger Steven R $21,500
Previous Owner Ryan Kristy $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Sold $500,000 0.0% $209 / Sq Ft
11/16/2020 11/16/20 Pending -- -- --
11/03/2020 11/03/20 For Sale $499,900 -- $209 / 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 $6,694 $541,213 $294,636 $246,577
2024 $6,694 $530,602 $288,859 $241,743
2023 $6,861 $520,199 $283,196 $237,003
2022 $6,659 $510,000 $277,644 $232,356
2021 $3,385 $262,000 $65,500 $196,500
2020 $3,143 $246,610 $58,475 $188,135
2019 $3,099 $241,776 $57,329 $184,447
2018 $2,983 $237,036 $56,205 $180,831
2016 $2,829 $227,833 $54,023 $173,810
2015 $2,802 $224,412 $53,212 $171,200
2014 $2,811 $220,017 $52,170 $167,847
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Mike Durkin

    LIGHTHOUSE REAL ESTATE

    (909) 599-6600

    1 in this area

    77 Total Sales

    Section Image

  • M

    Buyer's Agent in 2021

    Michael Ambos

    LIGHTHOUSE REAL ESTATE

    (909) 599-6600

    1 in this area

    9 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20231532

California Regional Multiple Listing Service (CRMLS)

APN: 3005-018-014

California Los Angeles County Palmdale 93551 Northwest Palmdale

40843 16th St W, Palmdale, CA

This home is located at 40843 16th St W, Palmdale, CA 93551 since 03 November 2020 and is currently estimated at $668,683, approximately $279 per square foot. This property was built in 1975. 40843 16th St W is a home located in Los Angeles County with nearby schools including Esperanza Elementary School, Hillview Middle, and Highland High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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