NOT LISTED FOR SALE

5005 Palmetto Ave Unit 56 Pacifica, CA 94044

Fairmont Neighborhood

Estimated Value: $743,208 - $854,000

2 Beds
1 Bath
1,000 Sq Ft
9.03 Acres Lot

Sale Details

Date Sold: July 29, 2019

Last sale price $740,000 $740 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,646 / mo

3 Days on Market

Highlights

  • Ocean View
  • 9.03 Acre Lot
  • 1 Car Detached Garage
  • Westmoor High School Rated A-
  • Clubhouse
  • Baseboard Heating

About This Home

As of July 2019

Sweeping ocean view.....Marin headlands to the Farallons to Pedro point...the #5005 building has the best views in the complex. -Recently remodeled kitchen w granite counters & full tile splash and stainless steel appliances. -Wood burning fireplace with granite tile facing, & In house washer and dryer. -Condo is newly painted, brand new carpeting and Double pane windows throughout -One car detached garage + storage nearby. One additional parking spot. -Great commuter access. SF in 15 minutes, Ocean Beach in 10. BART, SAMTRANS. -Onsite tennis court & scenic clubhouse. GGNRA adjacent. Nothing between you and the ocean except great hiking trails.

Last Agent to Sell the Property

Vince Armando

Armando Investment License #00609541 Listed on: 06/20/2019

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1973

Lot Details

  • West Facing Home

HOA Fees

  • $584 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Carpet
  • Ocean Views
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub Includes Tile Surround

Utilities

  • Baseboard Heating
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 115-020-560

Community Details

Overview

  • Association fees include common area electricity, decks, exterior painting, fencing, garbage, insurance, insurance - common area, insurance - hazard, maintenance - exterior, maintenance - road, management fee, pool spa or tennis, reserves, roof
  • 98 Units
  • Pacific Point Association
  • Built by Pacific Point

Amenities

  • Clubhouse

Recreation

  • Tennis Courts

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1973

Lot Details

9.03 Acres

HOA Fees

$584 per month

Parking

1

Listing Details

  • Subclass: Condominium
  • Restrictions: Pets - Cats Permitted, Pets - Dogs Permitted
  • Listing Class: Residential
  • Max Numberof Unitsin Building: 98
  • Min Numberof Unitsin Complex: 98
  • Structure Sq Ft: 1000
  • Complex Name: Pacific Point
  • Year Built: 1973
  • Zoning Description: RM00PD
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Dining "L"
  • Kitchen: Cooktop - Electric, Dishwasher, Garbage Disposal, Hood Over Range, Oven Range, Refrigerator
  • Living Sq Ft: 1000
  • Stories: 1
  • Bedrooms: More than One Bedroom on Ground Floor
  • Laundry: Washer / Dryer
  • Flooring: Carpet
  • Fireplaces Min: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Ocean
  • Yard/Grounds: Tennis Court
  • Property Faces: West
  • Construction Type: Stucco

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Baseboard
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 584
  • HOA Amenities: Club House, Tennis Court / Facility
  • HOA Documents: CC&RS, Financial Statement
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Decks, Exterior Painting, Fencing, Garbage, Insurance, Insurance - Common Area, Insurance - Hazard, Maintenance - Exterior, Maintenance - Road, Management Fee, Pool, Spa, or Tennis, Reserves, Roof
  • H O A Name Text: Pacific Point
  • H O A Exist: Yes

Lot Info

  • Parcel Number: 115-020-560
  • Lot Acres: 9.0262
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 393182.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 393182.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Maximum Building Height: 3
  • Minimum Building Height: 3

MLS Schools

  • High School District Text: Jefferson Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2022
Sold by
Smith and Scott
Bought by
Smith Tyson
Current Estimated Value
$806,552

Purchase Details

Listed on
Jun 20, 2019
Closed on
Jul 8, 2019
Sold by
Inglis Chris and Inglis Carolyn
Bought by
Smith Tyson and Rogers Scott
Seller's Agent
Vince Armando
Armando Investment
Buyer's Agent
RECIP
Out of Area Office
List Price
$727,000
Sold Price
$740,000
Premium/Discount to List
$13,000
1.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.29%
Original Mortgage
$740,000
Interest Rate
4.28%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 12, 2015
Closed on
May 15, 2015
Sold by
Henderson Jennifer D
Bought by
Inglis Chris and Inglis Carolyn
Seller's Agent
Jackson Robertson
Coldwell Banker Realty
Buyer's Agent
Vince Armando
Armando Investment
List Price
$528,000
Sold Price
$550,000
Premium/Discount to List
$22,000
4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.60%

Purchase Details

Closed on
May 9, 2014
Sold by
Henderson Jennifer D
Bought by
Livi Henderson Jennifer D

Purchase Details

Listed on
Dec 11, 2012
Closed on
Jan 17, 2013
Sold by
Clegg Paul
Bought by
Henderson Jennifer D
Seller's Agent
William Johnson
William Johnson, Broker
List Price
$339,000
Sold Price
$373,000
Premium/Discount to List
$34,000
10.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.00%
Original Mortgage
$285,600
Interest Rate
3.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2003
Sold by
Mcclure Mary
Bought by
Clegg Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 2001
Sold by
Mcclure Fred H
Bought by
Mcclure Fred H
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
Smith Tyson -- None Listed On Document
Smith Tyson $740,000 Old Republic Title Company
Inglis Chris $550,000 Cornerstone Title Company
Henderson Jennifer D -- Cornerstone Title Company
Livi Henderson Jennifer D -- None Available
Henderson Jennifer D $365,000 First American Title Company
Clegg Paul $337,000 Fidelity National Title
Mcclure Fred H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Tyson $740,000
Previous Owner Henderson Jennifer D $285,600
Previous Owner Clegg Paul $334,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/29/2019 07/29/19 Sold $740,000 +1.8% $740 / Sq Ft
06/24/2019 06/24/19 Pending -- -- --
06/20/2019 06/20/19 For Sale $727,000 +32.2% $727 / Sq Ft
07/10/2015 07/10/15 Sold $550,000 +4.2% $550 / Sq Ft View Prior Sale
06/24/2015 06/24/15 Pending -- -- --
06/12/2015 06/12/15 For Sale $528,000 +41.6% $528 / Sq Ft
01/21/2013 01/21/13 Sold $373,000 +10.0% $373 / Sq Ft View Prior Sale
12/21/2012 12/21/12 Pending -- -- --
12/14/2012 12/14/12 For Sale $339,000 -- $339 / Sq Ft
Source: MLSListings

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 $9,381 $732,000 $219,500 $512,500
2023 $9,381 $777,868 $233,359 $544,509
2022 $9,809 $762,617 $228,784 $533,833
2021 $9,643 $747,665 $224,299 $523,366
2020 $9,747 $740,000 $222,000 $518,000
2019 $7,798 $583,664 $175,099 $408,565
2018 $7,397 $572,220 $171,666 $400,554
2017 $7,345 $561,000 $168,300 $392,700
2016 $7,092 $550,000 $165,000 $385,000
2015 $4,990 $373,981 $112,194 $261,787
2014 $4,843 $366,656 $109,997 $256,659
Source: Public Records

Agents Affiliated with this Home

  • Vince Armando

    Seller's Agent in 2019

    Vince Armando

    Armando Investment

    (415) 860-4527

    25 Total Sales

    Vince Armando
    Section Image

  • R

    Buyer's Agent in 2019

    RECIP

    Out of Area Office

  • Jackson Robertson

    Seller's Agent in 2015

    Jackson Robertson

    Coldwell Banker Realty

    (650) 455-6985

    29 Total Sales

    Jackson Robertson
    Section Image

  • W

    Seller's Agent in 2013

    William Johnson

    William Johnson, Broker

See All Agents

Map

Source: MLSListings

MLS Number: ML81757467

MLSListings

APN: 115-020-560

California San Mateo County Pacifica 94044 Fairmont

5005 Palmetto Ave Unit 56, Pacifica, CA

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