NOT LISTED FOR SALE

40909 Riverock Ln Palmdale, CA 93551

West Palmdale Neighborhood

Estimated Value: $753,000 - $801,000

5 Beds
4 Baths
2,992 Sq Ft
$259/Sq Ft Est. Value

Last Sold May 18, 2022

Last sale price $700,000 $234 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,923/month

38 Days on Market

Highlights

  • All Bedrooms Downstairs
  • 0.36 Acre Lot
  • Family Room with Fireplace
  • Gated Community
  • Contemporary Architecture
  • 4-minute walk to Arnie Quinones Park

About This Home

As of May 2022

Spacious & gorgeous home in the gated Stonegate community of West Palmdale ! Many upgrades ! Open floorplan with 1 bedroom & bath downstairs, indoor laundry , formal step down living room with fireplace & formal step down dining room ! Wet bar , Open kitchen with bfast area , center island w/stove top range & open family room with custom fireplace ! Upstairs features the master bedroom with walk in dual closets & master bath , 3 additional bedrooms ! Spacious 3 car garage with metal roll up doors & garage door openers. Large covered patio, large rear yard with 9-1/2ft deep inground pool w/ diving board & spa ! Tile roof, block wall fencing. Additional upgrades include:New dual A/C units,New paint inside,New shutters throughout,Upgraded bathrooms (all 3)-flooring, countertop, lighting, mirrors, fixtures,Covered patio,Pergola,Outdoor bar b que area, Updated flooring throughout,Updated kitchen - removed pony wall for open concept, New kitchen counter tops

Last Agent to Sell the Property

Joe Morales

HomeBased Realty License #01143174 Listed on: 03/24/2022

HomeBased Realty

Last Buyer's Agent

James Baker

eXp Realty of California, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1989

Lot Details

  • 0.36 Acre Lot
  • Block Wall Fence
  • Rectangular Lot
  • Front Yard Sprinklers
  • Lawn
  • Property is zoned LCA210

HOA Fees

  • $99 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Tile Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,992 Sq Ft Home
  • Wood Burning Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • Formal Dining Room

Kitchen

  • Double Oven
  • Gas Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Eco-Friendly Details

  • Solar owned by a third party

Pool

  • Gas Heated Pool
  • Gunite Pool
  • Gunite Spa

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Grill

Utilities

  • Sewer in Street
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 3001-075-008

Community Details

Overview

  • Association fees include greenbelt/park, security
  • Stonegate Association

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1989

Lot Details

0

HOA Fees

$99 per month

Listing Details

  • Directions To Property: 50th St W to E/B Cinnabar, turn left on Riverock Ln.
  • Income Producing: No
  • Listing Member Name: Joe A Morales
  • Lot Measurement: SqFt
  • Prop. Type: Residential
  • Sp Percent Lp: 1.00
  • Square Footage: 2992.00
  • Tract Suffix: Lane
  • Year Built: 1989
  • Precautions: Dogs
  • Tax Legal Tract Number: TR=34787 L
  • Property Sub Type: Single Family Residence
  • R V Access: No
  • Building Stories: 2 Stories
  • Cross Street: Paved, Public
  • Audio Video Surveillance: No
  • HOATerms: Monthly
  • House Sale Contingency: Find home of Choice
  • Building Style: Contemporary
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Appliances: Dishwasher, Disposal, Double Oven, Gas Oven
  • Three Quarter Bathrooms: 1
  • Basement Full Bathrooms: 3
  • Dining Room: Dining in Kitchen, Formal
  • Fireplace: Family Room, Gas, Woodburning
  • Flooring: Carpet, Hardwood, Laminate, Tile
  • Laundry: Electric Hook-up, Gas Hook-up, Laundry Room
  • Sprinklers: Automatic, Front

Exterior Features

  • Exterior Construction: Stucco, Wood
  • Roof: Tile
  • Exterior Features: Barbeque, Downstairs Bedroom, Family Room, Gated Community, Lawn - Front, Lawn - Rear
  • Fencing: Block
  • Lot Size: Rectangular Lot
  • Patio: Covered
  • Pool: Gas Heat, Gunite, In Ground
  • Spa: Gas Heated, In Ground Gunite
  • Foundation: Concrete Slab

Garage/Parking

  • Garage Spaces: Attached, Direct Access
  • GarageNumberOfGarageSpaces: 3

Utilities

  • Sewer: Sewer in Street
  • Hot Water: Public Utility
  • Utilities: Cable TV, Internet, Natural Gas, Solar

Condo/Co-op/Association

  • HOA: Yes
  • H O A Includes: Greenbelt/Park, Security
  • Senior Housing Type: SFD (Single Family Dwelling)
  • HOA Fees: 99.00
  • HOA Name: Stonegate Association

Lot Info

  • Lot Acres: 0.36
  • Zoning: LCA210
  • Horse Property: No

Green Features

  • Solar: Lease

Rental Info

  • Pet Deposit: 2-3%

Tax Info

  • Assessor Parcel Number: 3001-075-008

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2022
Closed on
Apr 19, 2022
Sold by
Lambe Trust
Bought by
Ragusa Ana A and Ragusa John
Seller's Agent
Joe Morales
HomeBased Realty
Buyer's Agent
James Baker
eXp Realty of California, Inc.
List Price
$725,000
Sold Price
$700,000
Premium/Discount to List
-$25,000
-3.45%
Current Estimated Value
$775,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,119
Avg. Annual Appreciation
2.82%
Original Mortgage
$560,000
Outstanding Balance
$526,041
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$249,078

Purchase Details

Closed on
Nov 18, 2020
Sold by
Lambe Mark D and Lambe Donna L
Bought by
Lambe Mark D and Lambe Donna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2020
Sold by
Lambe Mark D and Lambe Donna L
Bought by
Lambe Mark D and Lambe Donna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2020
Sold by
Lambe Mark D and Lambe Donna L
Bought by
Lambe Mark D and Lambe Donna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2016
Sold by
Lambe Mark Douglas and Lambe Donna Lynn
Bought by
Lambe Mark D and Lambe Donna L

Purchase Details

Closed on
Mar 4, 2005
Sold by
Lambe Mark and Lambe Donna
Bought by
Lambe Mark Douglas and Lambe Donna Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2002
Sold by
Lambe Mark Douglas and Lambe Donna Lynn
Bought by
Lambe Mark and Lambe Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.17%

Purchase Details

Closed on
Dec 29, 1997
Sold by
First Federal Bank Of California
Bought by
Lambe Mark Douglas and Lambe Donna Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
7.16%

Purchase Details

Closed on
Aug 14, 1997
Sold by
Juse Abelardo G and First Federal Bank Of Californ
Bought by
First Federal Bank Of California
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ragusa Ana A $700,000 First American Title Company O
Lambe Mark D -- First American Title Company
Lambe Mark D -- First American Title Company
Lambe Mark D -- Bnt Title Company Of Ca
Lambe Mark D -- None Available
Lambe Mark Douglas -- Fidelity National Title Co
Lambe Mark -- Gateway Title Company
Lambe Mark Douglas $185,000 Stewart Title
First Federal Bank Of California $184,000 American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ragusa Ana A $560,000
Previous Owner Lambe Mark D $258,000
Previous Owner Lambe Mark D $220,000
Previous Owner Lambe Mark Douglas $250,000
Previous Owner Lambe Mark $224,000
Previous Owner Lambe Mark Douglas $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2022 05/18/22 Sold $700,000 0.0% $234 / Sq Ft
05/01/2022 05/01/22 Pending -- -- --
04/12/2022 04/12/22 Price Changed $699,999 -3.4% $234 / Sq Ft
03/24/2022 03/24/22 For Sale $725,000 -- $242 / 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 $9,728 $742,844 $236,437 $506,407
2024 $9,728 $728,279 $231,801 $496,478
2023 $9,644 $714,000 $227,256 $486,744
2022 $4,735 $307,361 $55,657 $251,704
2021 $4,659 $301,335 $54,566 $246,769
2020 $4,608 $298,246 $54,007 $244,239
2019 $4,542 $292,399 $52,949 $239,450
2018 $4,467 $286,666 $51,911 $234,755
2016 $4,217 $275,537 $49,897 $225,640
2015 $4,168 $271,399 $49,148 $222,251
2014 $4,145 $266,084 $48,186 $217,898
Source: Public Records

Agents Affiliated with this Home

  • Joe Morales

    Seller's Agent in 2022

    Joe Morales

    HomeBased Realty

    (661) 339-2795

    9 in this area

    64 Total Sales

    Joe Morales
    Section Image

  • J

    Buyer's Agent in 2022

    James Baker

    eXp Realty of California, Inc.

See All Agents

Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 22002582

Greater Antelope Valley Association of REALTORS®

APN: 3001-075-008

California Los Angeles County Palmdale 93551 West Palmdale

40909 Riverock Ln, Palmdale, CA

Not Listed for Sale

Detached

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