NOT LISTED FOR SALE

5001 Palmetto Ave Unit 79 Pacifica, CA 94044

Fairmont Neighborhood

Estimated Value: $794,000 - $954,000

2 Beds
2 Baths
1,200 Sq Ft
$753/mo HOA Fee

Last Sold November 23, 2021

Last sale price $845,000 $704 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,249/month

40 Days on Market

Highlights

  • 9.03 Acre Lot
  • Clubhouse
  • 1 Car Detached Garage
  • Westmoor High School Rated A-
  • Tennis Courts
  • Side by Side Parking

About This Home

As of November 2021

Escape from the hustle and bustle of the city while still being only 15 minutes away from San Francisco! Nestled on the hilltop bluffs overlooking the ocean, this beautiful Pacifica condo offers seaside tranquility and is across from the beach, hiking trails, and Mussel Rock Park. Features include 2 large bedrooms, 2 full bathrooms, and a separate home office/guest room with a peek-a-boo ocean view. Recently remodeled in 2019, upgrades include a new Chef's kitchen, luxury vinyl plank flooring, new paint, Bosch and Whirlpool appliances, and custom cabinetry throughout. Smart thermostat system and Alexa smart sink. With 1200 sq ft and loads of closet space, this condo lives like a house. 1 car garage with storage plus permitted parking. Easy access to highway 1, 101, and 280 with all that the city and Silicon Valley has to offer. Pacific Point is a well maintained complex with a tennis court, clubhouse, and walking trail. HOA includes water, cable, and earthquake insurance.

Last Agent to Sell the Property

Lauren Schultze

Park North Real Estate License #01946817 Listed on: 09/25/2021

Park North Real Estate

Last Buyer's Agent

Jeanne Lam

Compass License #02054979

Compass

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1973

Lot Details

  • 9.03

HOA Fees

  • $753 Monthly HOA Fees

Interior Spaces

  • 1,200 Sq Ft Home
  • Vinyl Flooring

Kitchen

  • Free-Standing Electric Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Parking

  • 1 Car Detached Garage
  • Side by Side Parking
  • Garage Door Opener
  • Assigned Parking

Utilities

  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 115030190

Community Details

Overview

  • Association fees include cable TV, common areas, earthquake insurance, maintenance exterior, ground maintenance, roof, trash, water
  • 98 Units

Amenities

  • Clubhouse

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Year Built

Built in 1973

Lot Details

0

HOA Fees

$753 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Subtype Description: Attached
  • Year Built: 1973
  • Special Features: None
  • Stories: 0

Interior Features

  • Master Bathroom Features: Shower Stall(s)
  • Master Bedroom Features: Closet
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Free Standing Electric Oven, Microwave
  • Bathroom Features: Tub w/Shower Over
  • Flooring: Vinyl
  • Laundry Features: Laundry Closet, Washer/Dryer Stacked Included
  • Price Per Square Foot: 704.17
  • Square Footage: 1200

Exterior Features

  • Driveway Sidewalks: Paved Driveway, Paved Sidewalk

Garage/Parking

  • Parking Access: Side by Side
  • Parking Features: Detached, Garage Door Opener
  • Parking Fees: No
  • Parking Type: On Site - Assigned (Condo Only)
  • Total Parking Spaces: 1

Utilities

  • Heating: Baseboard
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 753
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Cable TV, Common Areas, Earthquake Insurance, Maintenance Exterior, Maintenance Grounds, Roof, Trash, Water
  • Senior Community: No

Association/Amenities

  • Association Features: Clubhouse, Tennis Courts

Lot Info

  • Assessor Parcel Number: 115030190
  • Lot Size Acres: 9.0262
  • Lot Size Sq Ft: 393182
  • Lot Size Units: SqFt
  • Price Per Acre: 93616.36

Multi Family

  • Number Of Units: 98

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2021
Closed on
Nov 19, 2021
Sold by
Dennis Justin J and Dennis Anna L
Bought by
Donovan Brock and Garcia Christine
Seller's Agent
Lauren Schultze
Park North Real Estate
Buyer's Agent
Jeanne Lam
Compass
List Price
$865,000
Sold Price
$845,000
Premium/Discount to List
-$20,000
-2.31%
Current Estimated Value
$870,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,910
Avg. Annual Appreciation
0.74%
Original Mortgage
$767,040
Outstanding Balance
$702,860
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$168,050

Purchase Details

Listed on
Aug 27, 2018
Closed on
Sep 13, 2018
Sold by
Corpuz Davida and Leon Jazmin M
Bought by
Dennis Justin J and Dennis Anna L
Seller's Agent
Sandra Lopez
Tong & Associates, Mona
Buyer's Agent
Brandice Anderson
KW Advisors
List Price
$575,000
Sold Price
$637,000
Premium/Discount to List
$62,000
10.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.35%
Original Mortgage
$509,600
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 27, 2018
Closed on
Sep 6, 2018
Sold by
Leon Vicente Jorge
Bought by
Leon Jazmin M and Trujillo Jazmin M
Seller's Agent
Sandra Lopez
Tong & Associates, Mona
Buyer's Agent
Brandice Anderson
KW Advisors
List Price
$575,000
Sold Price
$637,000
Premium/Discount to List
$62,000
10.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$509,600
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 13, 2006
Sold by
Sosa Eliana and Sosa Carlos Mauricio
Bought by
Corpuz Davida and Trujillo Jazmin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,200
Interest Rate
1.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 10, 2003
Sold by
Deutsche Bank National Trust Co
Bought by
Alberto Ana Elizabeth and Sosa Carlos Mauricio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,800
Interest Rate
5.98%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 7, 2003
Sold by
Marchetti Sean and Vargas Norma Z
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Jul 2, 1999
Sold by
Hoelter Charles D and Hoelter Diane C
Bought by
Marchetti Sean and Varvas Norma Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
10.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 1996
Sold by
Thomas M W
Bought by
Hoelter Charles D and Hoelter Diane C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Donovan Brock $845,000 North American Title Co Inc
Dennis Justin J $637,000 North American Title Co
Leon Jazmin M -- North American Title Co
Corpuz Davida $459,000 First American Title Company
Alberto Ana Elizabeth $328,500 Fidelity National Title Co
Deutsche Bank National Trust Co $323,203 --
Marchetti Sean $225,000 --
Hoelter Charles D $160,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donovan Brock $767,040
Previous Owner Dennis Justin J $509,600
Previous Owner Corpuz Davida $367,200
Previous Owner Alberto Ana Elizabeth $262,800
Previous Owner Marchetti Sean $202,500
Previous Owner Hoelter Charles D $116,000
Closed Hoelter Charles D $28,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/23/2021 11/23/21 Sold $845,000 +5.8% $704 / Sq Ft
11/04/2021 11/04/21 Pending -- -- --
10/28/2021 10/28/21 Price Changed $799,000 -7.6% $666 / Sq Ft
09/25/2021 09/25/21 For Sale $865,000 +35.8% $721 / Sq Ft
09/28/2018 09/28/18 Sold $637,000 0.0% $531 / Sq Ft View Prior Sale
08/02/2010 08/02/10 Off Market $637,000 -- --
07/03/2008 07/03/08 Pending -- -- --
05/07/2008 05/07/08 For Sale $575,000 -- $479 / Sq Ft
Source: San Francisco 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 $11,299 $896,718 $269,015 $627,703
2023 $11,299 $861,900 $258,570 $603,330
2022 $10,750 $845,000 $253,500 $591,500
2021 $8,658 $656,471 $192,716 $463,755
2020 $8,769 $649,740 $190,740 $459,000
2019 $8,538 $637,000 $187,000 $450,000
2018 $7,192 $540,462 $162,136 $378,326
2017 $7,242 $529,865 $158,957 $370,908
2016 $7,191 $519,477 $155,841 $363,636
2015 $6,757 $511,675 $153,501 $358,174
2014 $6,163 $455,000 $136,000 $319,000
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Lauren Schultze

    Park North Real Estate

    Section Image
  • Jeanne Lam

    Buyer's Agent in 2021

    Jeanne Lam

    Compass

    (510) 512-6168

    1 in this area

    43 Total Sales

    Jeanne Lam
    Section Image

  • S

    Seller's Agent in 2018

    Sandra Lopez

    Tong & Associates, Mona

  • B

    Buyer's Agent in 2018

    Brandice Anderson

    KW Advisors

    Section Image
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Map

Source: San Francisco Association of REALTORS®

MLS Number: 421598494

San Francisco Association of REALTORS®

APN: 115-030-190

California San Mateo County Pacifica 94044 Fairmont

5001 Palmetto Ave Unit 79, Pacifica, CA

Not Listed for Sale

Condos

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