$2,050,000
SOLD FEB 26, 2025

500 Palma St El Granada, CA 94018

3 Beds
2.5 Baths
2,391 Sq Ft
5,471 Sq Ft Lot

Recently Sold

$857 Per Sq Ft

3% Above List Price

18 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Wood Flooring
  • Private Pool
  • Jetted Soaking Tub in Primary Bathroom
  • Spanish Architecture

About This Home

As of February 2025

Welcome to this exquisite Mediterranean-style home nestled in the peaceful coastal city of El Granada. Offering 3 bedrooms, 2.5 bathrooms, and 2,391+/- sqft of thoughtfully designed living space, this residence combines elegance w/ functionality. Enjoy breathtaking tree and ocean views throughout the home, complemented by abundant natural light, soaring ceilings, and warm, inviting finishes. The kitchen is a culinary dream featuring granite countertops, a full pantry, and sleek stainless steel appliances. Upstairs the primary suite includes a luxurious walk-in closet, a spa-like bath with an oversized jetted tub, and a cozy office space framed by decorative windows. The lower level provides versatile living options, w/ two additional bedrooms, a full bathroom, a family room with a gas fireplace, and a bonus room. This home is adorned with hand-painted tiles, gleaming cherry wood floors, and custom wood doors, adding unparalleled charm. A built-in vacuum system and laundry facilities with hookups in the garage and upper floor provide convenience and comfort. Situated on a 5,472+/- sqft lot the property also features several outdoor spaces ideal for relaxing or entertaining and a spacious 2-car garage. Don't miss the chance to call this extraordinary home your own!

Last Agent to Sell the Property

Juliette Kulda

KW Advisors License #70010081 Listed on: 11/26/2024

KW Advisors

Last Buyer's Agent

Mishelle Westendorf

Ocean Element Real Estate License #01496929

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,182

Year Built

  • Built in 2004

Lot Details

  • 5,471 Sq Ft Lot
  • Zoning described as R10006

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Neighborhood

Home Design

  • Spanish Architecture
  • Mediterranean Architecture
  • Reverse Style Home
  • Combination Foundation
  • Raised Foundation
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,391 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • 2 Fireplaces
  • Gas Fireplace
  • Separate Family Room
  • Dining Area
  • Den

Kitchen

  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • Stone Countertops In Bathroom
  • Jetted Soaking Tub in Primary Bathroom
  • Oversized Bathtub in Primary Bathroom
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry on upper level
  • Laundry in Garage
  • Electric Dryer Hookup

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 047-213-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,182

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Mediterranean, Spanish
  • Age: 20
  • Listing Class: Residential
  • Structure Sq Ft: 2391
  • Incorporated: Yes
  • Year Built: 2004
  • Zoning Description: R10006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning
  • Dining Room: Dining Area, Dining Bar
  • Kitchen: Countertop - Granite, Dishwasher, Cooktop - Gas, Oven - Double, Pantry, Exhaust Fan, Refrigerator
  • Living Sq Ft: 2391
  • Stories: 3
  • Bedrooms: Primary Suite / Retreat, Reverse Floor Plan, Walk-in Closet
  • Laundry: Electricity Hookup (220V), In Garage, Upper Floor
  • Flooring: Hardwood, Tile
  • Additional Rooms: Den / Study / Office
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Half on Ground Floor, Primary - Oversized Tub, Primary - Stall Shower(s), Primary - Tub with Jets, Stone, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Combination, Concrete Perimeter and Slab, Raised
  • Pool Description: Spa / Hot Tub
  • Roof: Tile
  • View: Neighborhood, Ocean
  • Yard/Grounds: Balcony / Patio
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Built-in Vacuum, Walk-in Closet

Schools

  • School District: Cabrillo Unified
  • Elementary School: El Granada Elementary
  • Middle School: Manuel F. Cunha Intermediate
  • High School: Half Moon Bay High
  • High School: 1035
  • Elementary School: 626
  • Middle School: 654

Lot Info

  • Parcel Number: 047-213-010
  • Lot Acres: 0.1256
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5472.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5472.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Cabrillo Unified
  • Elementary School Text: El Granada Elementary
  • High School Text: Half Moon Bay High
  • Middle School Text: Manuel F. Cunha Intermediate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2024
Closed on
Feb 14, 2025
Sold by
Luis J Castro Trust and Castro Luis J
Bought by
Simmons 1991 Revocable Trust and Simmons
Seller's Agent
Juliette Kulda
KW Advisors
Buyer's Agent
Mishelle Westendorf
Ocean Element Real Estate
List Price
$1,999,000
Sold Price
$2,050,000
Premium/Discount to List
$51,000
2.55%
Views
50
Current Estimated Value
$2,021,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,561
Avg. Annual Appreciation
-5.57%
Original Mortgage
$675,000
Outstanding Balance
$672,223
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$1,314,184

Purchase Details

Closed on
May 4, 2016
Sold by
Castro Luis J
Bought by
Castro Luis J and Luis J Castro Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 16, 2016
Sold by
Fisher Donald and Fisher Gina
Bought by
Castro Luis J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 8, 2008
Sold by
Maida Tracy L and Tracy L Maida Living Trust
Bought by
Fisher Donald and Fisher Gina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 2005
Sold by
Maida Tracy L and Ciarlo Cecilia M
Bought by
Maida Tracy L and Ciarlo Cecilia M

Purchase Details

Closed on
Aug 9, 2004
Sold by
Ralston James and Ralston Marilyn
Bought by
Maida Tracy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 22, 2002
Sold by
Sarkany Alexander Ivan
Bought by
Ralston James and Ralston Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.12%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 19, 1999
Sold by
Ogg Blair Patricia
Bought by
Sarkany Alexander Ivan
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $2,050,000 Lawyers Title Company
Interfamily Deed Transfer -- Lawyers Title Company
Interfamily Deed Transfer -- Lawyers Title Company
Grant Deed $1,488,000 Lawyers Title Company
Grant Deed $1,170,000 Old Republic Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Individual Deed $1,040,000 North American Title Company
Individual Deed $224,000 North American Title Company
Grant Deed $75,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $675,000 New Conventional
Previous Owner $9,000,000 New Conventional
Previous Owner $905,000 New Conventional
Previous Owner $1,000,000 Adjustable Rate Mortgage/ARM
Previous Owner $625,000 New Conventional
Previous Owner $655,000 New Conventional
Previous Owner $660,000 New Conventional
Previous Owner $675,000 Purchase Money Mortgage
Previous Owner $740,000 Purchase Money Mortgage
Previous Owner $585,000 Construction
Previous Owner $112,000 Seller Take Back
Closed $50,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2025 02/26/25 Sold $2,050,000 +2.6% $857 / Sq Ft
12/15/2024 12/15/24 Pending -- -- --
11/26/2024 11/26/24 For Sale $1,999,000 -- $836 / Sq Ft
Source: MLSListings

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 $20,182 $1,761,482 $880,741 $880,741
2023 $20,182 $1,693,084 $846,542 $846,542
2022 $19,138 $1,659,888 $829,944 $829,944
2021 $19,106 $1,627,342 $813,671 $813,671
2020 $18,718 $1,610,656 $805,328 $805,328
2019 $19,184 $1,579,076 $789,538 $789,538
2018 $17,937 $1,548,114 $774,057 $774,057
2017 $17,674 $1,517,760 $758,880 $758,880
2016 $15,158 $1,285,948 $636,375 $649,573
2015 $13,511 $1,150,000 $569,000 $581,000
2014 $10,733 $900,000 $450,000 $450,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81987465

MLSListings

APN: 047-213-010