NOT LISTED FOR SALE

Estimated Value: $742,000 - $916,000

5 Beds
4 Baths
4,300 Sq Ft
$200/Sq Ft Est. Value

About This Home

This home is located at 40918 Ridgegate Ln, Palmdale, CA 93551 and is currently estimated at $859,031, approximately $199 per square foot. 40918 Ridgegate Ln is a home located in Los Angeles County with nearby schools including Rancho Vista Elementary School, Hillview Middle, and Quartz Hill High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2020
Sold by
Dorsey Larry and Dorsey Shawn
Bought by
Dorsey Larry S and Dorsey Shawn M
Current Estimated Value
$859,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,684
Outstanding Balance
$547,978
Interest Rate
2.7%
Mortgage Type
VA
Estimated Equity
$335,421

Purchase Details

Closed on
Dec 8, 2020
Sold by
Dorsey Larry and Dorsey Shawn
Bought by
Dorsey Larry and Dorsey Shawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,684
Outstanding Balance
$547,978
Interest Rate
2.7%
Mortgage Type
VA
Estimated Equity
$335,421

Purchase Details

Closed on
Jun 18, 2015
Sold by
Dorsey Larry S and Dorsey Shawn
Bought by
Dorsey Larry S and Dorsey Shawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,200
Interest Rate
3.81%
Mortgage Type
VA

Purchase Details

Closed on
Sep 30, 2008
Sold by
Fdic
Bought by
Dorsey Larry and Dorsey Shawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 2008
Sold by
Word Kristi J
Bought by
Indymac Bank Fsb

Purchase Details

Closed on
Sep 18, 2006
Sold by
Aznar Noel Gonzalez
Bought by
Shinonaga Ayako

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,600
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2006
Sold by
Shinonaga Ayako
Bought by
Word Kristi J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,600
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 20, 2006
Sold by
Dorsey Lawrence S and Dorsey Shawn M
Bought by
Shinonaga Ayako

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.19%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 18, 2003
Sold by
Nrc Homes Llc
Bought by
Dorsey Lawrence S and Dorsey Shawn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,850
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Dorsey Larry S -- Pacific Coast Title
Dorsey Larry -- Pacific Coast Title Company
Dorsey Larry S -- Pacific Coast Title Company
Dorsey Larry $415,000 Chicago Title Company
Indymac Bank Fsb $420,378 None Available
Shinonaga Ayako -- None Available
Word Kristi J $797,000 Fidelity
Shinonaga Ayako $890,000 Fidelity National
Dorsey Lawrence S $391,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dorsey Larry $612,684
Closed Dorsey Larry S $607,404
Closed Dorsey Larry S $77,751
Closed Dorsey Larry S $403,749
Closed Dorsey Larry S $413,200
Closed Dorsey Larry $400,000
Closed Dorsey Larry $327,000
Closed Dorsey Larry $332,000
Previous Owner Word Kristi J $637,600
Previous Owner Shinorkiga Ayako $40,000
Previous Owner Shinoga Ayako $696,000
Previous Owner Shinonaga Ayako $174,000
Previous Owner Dorsey Lawrence S $312,850
Closed Dorsey Lawrence S $58,600
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 $7,286 $534,406 $106,876 $427,530
2024 $7,286 $523,929 $104,781 $419,148
2023 $7,224 $513,657 $102,727 $410,930
2022 $7,100 $503,586 $100,713 $402,873
2021 $6,980 $493,713 $98,739 $394,974
2020 $6,899 $488,652 $97,727 $390,925
2019 $6,794 $479,071 $95,811 $383,260
2018 $6,686 $469,679 $93,933 $375,746
2016 $6,299 $451,443 $90,287 $361,156
2015 $6,220 $444,663 $88,931 $355,732
2014 $6,161 $435,953 $87,189 $348,764
Source: Public Records

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