NOT LISTED FOR SALE

5005 Palmetto Ave Unit 52 Pacifica, CA 94044

Fairmont Neighborhood

Estimated Value: $720,000 - $785,000

2 Beds
1 Bath
1,000 Sq Ft
9.03 Acres

Last Sold March 31, 2015

Last sale price $490,000 $490 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,588/month

182 Days on Market

Highlights

  • Clubhouse
  • Tennis Courts
  • Forced Air Heating System
  • Westmoor High School Rated A-
  • Bathtub
  • Combination Dining and Living Room

About This Home

As of March 2015

Bright, private and spacious floor plan w great ocean views. Master suite, inside laundry, 1 car garage w storage, rec room and tennis court. Ideal location off HWY 1 close to dining shopping & beach, fast access to SF, SFO, San Jose. Rarely available unit in ocean view complex.

Last Agent to Sell the Property

Carter Sweet

The Peralta Company License #01866067 Listed on: 07/18/2014

Last Buyer's Agent

Eileen O'Reilly

KW Advisors License #01928600

KW Advisors

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1973

Lot Details

  • 9.03

Parking

  • No Garage

Interior Spaces

  • 1,000 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 115-020-520

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include cable / dish, common area electricity, common area gas, decks, exterior painting, fencing, garbage, hot water, insurance - common area, insurance - earthquake, insurance - liability, landscaping / gardening, maintenance - exterior, management fee, pool spa or tennis, reserves, roof, water / sewer
  • Pacific Point HOA
  • Built by Pacific Point HOA

Amenities

  • Clubhouse

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Subclass: Condominium
  • Listing Class: Residential
  • Maximum Unit Floor Number: 1
  • Maximum Unit Levels: 2
  • Structure Sq Ft: 1000
  • Complex Name: Pacific Point HOA
  • Incorporated: Yes
  • Map Book Page: 706
  • Map Side Coordinate: 2
  • Map Top Coordinate: J
  • Thomas Bros Page: 706
  • Thomas Brothers: J2
  • Year Built: 1973
  • Zoning Description: RM00P
  • Special Features: 12
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Dining Room: Dining Area in Living Room, No Informal Dining Room
  • Living Sq Ft: 1000
  • Stories: 2
  • Maximum Bathrooms: 1
  • Minimum Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Tubs - 1, No Stall Shower

Garage/Parking

  • Garage Parking Features: No Garage, No Parking

Utilities

  • Heating System: Forced Air

Condo/Co-op/Association

  • HOA Fees: 537
  • HOA Amenities: Club House, Tennis Court / Facility
  • HOA Documents: Bylaws
  • Association Fees Include: Cable / Dish, Common Area Electricity, Common Area Gas, Decks, Exterior Painting, Fencing, Garbage, Hot Water, Insurance - Common Area, Insurance - Earthquake, Insurance - Liability, Landscaping / Gardening, Maintenance - Exterior, Management Fee, Pool, Spa, or Tennis, Reserves, Roof, Water / Sewer
  • H O A Name Text: Pacific Point HOA
  • Levels In Unit: 2
  • H O A Exist: Yes

Lot Info

  • Parcel Number: 115-020-520
  • List Price per Sq Ft: 399.00
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 393182.00
  • Lot Size Area Min Search: 393182.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: Jefferson Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2014
Closed on
Mar 24, 2015
Sold by
Quindipan Joyce Y
Bought by
Wang Yue
Seller's Agent
Carter Sweet
The Peralta Company
Buyer's Agent
Eileen O'Reilly
KW Advisors
List Price
$470,000
Sold Price
$490,000
Premium/Discount to List
$20,000
4.26%
Current Estimated Value
$753,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,840
Avg. Annual Appreciation
4.08%
Original Mortgage
$245,000
Outstanding Balance
$87,998
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$665,842

Purchase Details

Closed on
Aug 29, 2006
Sold by
Rector Timothy and Rector Mary Ann
Bought by
Quindipan Joyce Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,200
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 1999
Sold by
Ross Laurie A and Ross Forrest L
Bought by
Rector Timothy and Rector Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Interest Rate
7.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 1998
Sold by
Ross Laurie A
Bought by
Whitaker Forrest L and Ross Laurie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.02%
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
Wang Yue $490,000 Fidelity Natl Title Ins Co
Quindipan Joyce Y $499,000 Old Republic Title Company
Rector Timothy $235,000 Commonwealth Land Title Co
Whitaker Forrest L -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Yue $245,000
Previous Owner Quindipan Joyce Y $399,200
Previous Owner Rector Timothy $176,250
Previous Owner Whitaker Forrest L $140,000
Closed Rector Timothy $35,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2015 03/31/15 Sold $490,000 +4.3% $490 / Sq Ft
01/16/2015 01/16/15 Pending -- -- --
01/11/2015 01/11/15 For Sale $470,000 0.0% $470 / Sq Ft
01/11/2015 01/11/15 Price Changed $470,000 +17.8% $470 / Sq Ft
07/18/2014 07/18/14 Pending -- -- --
07/18/2014 07/18/14 For Sale $399,000 -- $399 / 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 $7,799 $588,895 $176,667 $412,228
2023 $7,799 $566,029 $169,807 $396,222
2022 $7,435 $554,931 $166,478 $388,453
2021 $7,306 $544,051 $163,214 $380,837
2020 $7,364 $538,473 $161,541 $376,932
2019 $7,144 $527,916 $158,374 $369,542
2018 $6,769 $517,566 $155,269 $362,297
2017 $6,717 $507,419 $152,225 $355,194
2016 $6,476 $497,471 $149,241 $348,230
2015 $7,007 $556,262 $166,876 $389,386
2014 $5,313 $415,000 $124,000 $291,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2015

    Carter Sweet

    The Peralta Company

  • E

    Buyer's Agent in 2015

    Eileen O'Reilly

    KW Advisors

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Map

Source: MLSListings

MLS Number: ML81425909

MLSListings

APN: 115-020-520

California San Mateo County Pacifica 94044 Fairmont

5005 Palmetto Ave Unit 52, Pacifica, CA

Not Listed for Sale

Condos

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