NOT LISTED FOR SALE

5007 Observation Way Palmdale, CA 93552

East Palmdale Neighborhood

Estimated Value: $508,000 - $612,000

4 Beds
3 Baths
2,435 Sq Ft
$231/Sq Ft Est. Value

Last Sold August 31, 2012

Last sale price $175,000 $72 Per Sq Ft

Est. 221% increase in value since last sale

Current estimated payment $3,414/month

127 Days on Market

Highlights

  • Family Room with Fireplace
  • No HOA
  • Combination Kitchen and Dining Room
  • Lawn
  • Covered Patio or Porch
  • Laundry Facilities

About This Home

As of August 2012

This is a Short Sale listing- Listing price is not guaranteed and subject to lender approval. Beautiful home in the most desirable area in east Palmdale, 4 bedrooms and 3 baths. It's a Gorgeous home. Conveniently located- come and take a look!!!

Last Agent to Sell the Property

Ivonne Morales

Listed on: 02/27/2012

Last Buyer's Agent

Ivonne Morales

RE/MAX All-Pro License #01898839

RE/MAX All-Pro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,203

Year Built

  • Built in 2006

Lot Details

  • 7,405 Sq Ft Lot
  • Wrought Iron Fence
  • Block Wall Fence
  • Rectangular Lot
  • Front Yard Sprinklers
  • Lawn
  • Property is zoned PDR17000*

Parking

  • 3 Car Garage

Home Design

  • Concrete Foundation
  • Tile Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,435 Sq Ft Home
  • Family Room with Fireplace
  • Combination Kitchen and Dining Room

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Sewer in Street
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 3051-051-001

Community Details

Overview

  • No Home Owners Association
  • Association fees include - see remarks

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,203

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Directions To Property: take fwy 14 exit on pearblossom turn left on 47th east and make a right on Mountain view right onto 50th turn left to Observation Way
  • Listing Member Name: Ivonne Morales
  • Listing Office Short Id: 4333
  • Lot Measurement: SqFt
  • Open House Office I D: 20150204220337913344000000
  • Prop. Type: Residential
  • Selling Member Short Id: 76758
  • Selling Office Short Id: 4333
  • Sp Percent Lp: 1.03
  • Square Footage: 2435.00
  • Tract Suffix: Way
  • Year Built: 2006
  • Property Sub Type: Single Family Residence
  • R V Access: No
  • Building Stories: 2 Stories
  • Cross Street: Public
  • Building Style: Spanish
  • Special Features: 12
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.00
  • Appliances: Dishwasher, Disposal, Gas Range
  • Dining Room: Dining in Kitchen
  • Fireplace: Family Room
  • Flooring: Carpet, Linoleum, Vinyl
  • Laundry: Common Area
  • Sprinklers: Front

Exterior Features

  • Exterior Construction: Stucco, Wood
  • Roof: Tile
  • Exterior Features: Family Room, Lawn - Front
  • Fencing: Block, Wrought Iron
  • Lot Size: Rectangular Lot
  • Patio: Covered
  • Pool: None
  • Spa: None
  • Foundation: Concrete Slab

Garage/Parking

  • Garage Spaces: Attached
  • GarageNumberOfGarageSpaces: 3

Utilities

  • Sewer: Sewer in Street
  • Hot Water: Public Utility
  • Utilities: Cable TV, Natural Gas

Condo/Co-op/Association

  • HOA: No
  • H O A Includes: None - See Remarks
  • Senior Housing Type: SFD (Single Family Dwelling)

Lot Info

  • Lot Acres: 0.17
  • Zoning: PDR17000*
  • Horse Property: No

Tax Info

  • Assessor Parcel Number: 3051-051-001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2012
Closed on
Jul 20, 2012
Sold by
Tobar Jorge A and Tobar Jorge Antonio
Bought by
Padilla Jose Luis and Padilla Dolores Guadalupe
Seller's Agent
Ivonne Morales
Buyer's Agent
Ivonne Morales
RE/MAX All-Pro
List Price
$180,000
Sold Price
$175,000
Premium/Discount to List
-$5,000
-2.78%
Current Estimated Value
$562,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,077
Avg. Annual Appreciation
9.33%
Original Mortgage
$171,830
Outstanding Balance
$117,596
Interest Rate
3.49%
Mortgage Type
FHA
Estimated Equity
$444,481

Purchase Details

Closed on
Aug 29, 2006
Sold by
Western Pacific Housing Inc
Bought by
Tobar Jorge Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,999
Interest Rate
6.53%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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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
Padilla Jose Luis $175,000 Title 365
Tobar Jorge Antonio $375,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Padilla Jose Luis $171,830
Previous Owner Tobar Jorge Antonio $74,999
Previous Owner Tobar Jorge Antonio $299,992
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2012 08/31/12 Sold $175,000 -2.8% $72 / Sq Ft
07/03/2012 07/03/12 Pending -- -- --
02/27/2012 02/27/12 For Sale $180,000 -- $74 / Sq Ft
Source: Greater Antelope Valley 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 $5,203 $215,487 $43,093 $172,394
2024 $5,203 $211,263 $42,249 $169,014
2023 $5,143 $207,121 $41,421 $165,700
2022 $4,965 $203,060 $40,609 $162,451
2021 $4,838 $199,079 $39,813 $159,266
2019 $4,685 $193,176 $38,633 $154,543
2018 $4,609 $189,389 $37,876 $151,513
2016 $4,317 $182,037 $36,406 $145,631
2015 $4,268 $179,304 $35,860 $143,444
2014 $4,220 $175,793 $35,158 $140,635
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2012

    Ivonne Morales

See All Agents

Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 1202224

Greater Antelope Valley Association of REALTORS®

APN: 3051-051-001

California Los Angeles County Palmdale 93552 East Palmdale

5007 Observation Way, Palmdale, CA

This home is located at 5007 Observation Way, Palmdale, CA 93552 since 27 February 2012 and is currently estimated at $562,077, approximately $230 per square foot. This property was built in 2006. 5007 Observation Way is a home located in Los Angeles County with nearby schools including Buena Vista Elementary School, Desert Willow Fine Arts, Science, & Technology Magnet Academy, and Knight High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Antelope Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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