NOT LISTED FOR SALE

5009 Palmetto Ave Unit 30 Pacifica, CA 94044

Fairmont Neighborhood

Estimated Value: $737,000 - $1,020,000

2 Beds
1 Bath
1,000 Sq Ft
9.03 Acres

Last Sold February 17, 2016

Last sale price $660,000 $660 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,177/month

11 Days on Market

Highlights

  • Ocean View
  • 9.03 Acre Lot
  • Vaulted Ceiling
  • Westmoor High School Rated A-
  • Clubhouse
  • Tennis Courts

About This Home

As of February 2016

Magnificent ocean view condo. Upgraded unit with all new appliances, fresh paint and carpet, and a new washer/dryer in the unit,. Spacious top-floor home with vaulted ceilings to make it feel even bigger than it's 1000 square feet. Bathroom has a new vanity and lighting and the master bedroom has a walk-in closet. Come see it soon as this won't last.

Last Agent to Sell the Property

Jeff Lang

Compass License #01221669 Listed on: 01/14/2016

Compass

Last Buyer's Agent

Daniel Joy

Rosemarie Figueroa, Broker License #01489244

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1973

Lot Details

  • 9.03

Parking

  • 1 Car Detached Garage
  • Enclosed Parking
  • Garage Door Opener
  • Off-Street Parking

Interior Spaces

  • 1,000 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Separate Family Room
  • Dining Area
  • Ocean Views
  • Dishwasher
  • Washer and Dryer

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Additional Features

  • Balcony
  • Multiple Heating Units

Listing and Financial Details

  • Assessor Parcel Number 115-020-300

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include cable / dish, common area electricity, garbage, insurance - common area, insurance - structure, maintenance - exterior, pool spa or tennis, water
  • 92 Units
  • Manor Association
  • Built by Pacific Point
  • The community has rules related to credit or board approval

Amenities

  • Clubhouse

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Year Built

Built in 1973

Lot Details

0

Parking

1

Listing Details

  • Subclass: Condominium
  • Restrictions: Board / Park Approval
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 92
  • 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: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area
  • Kitchen: Dishwasher
  • Living Sq Ft: 1000
  • Stories: 3
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Tile
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Shower and Tub
  • Fireplace: Yes

Exterior Features

  • View: Ocean
  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Parking Features: Detached Garage, Enclosed, Gate / Door Opener, Off-Street Parking

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Heating - 2+ Units
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 545
  • HOA Amenities: Club House, Tennis Court / Facility
  • Association Fees Include: Cable / Dish, Common Area Electricity, Garbage, Insurance - Common Area, Insurance - Structure, Maintenance - Exterior, Pool, Spa, or Tennis, Water
  • H O A Name Text: Manor Association
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling, Walk-in Closet

Lot Info

  • Parcel Number: 115-020-300
  • Lot Acres: 9.0260
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Area Maximum Units: Square Feet

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Jefferson Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2016
Closed on
Jan 28, 2016
Sold by
Fakouri Cyrus
Bought by
Rinker Jeffrey H
Seller's Agent
Jeff Lang
Compass
Buyer's Agent
Daniel Joy
Rosemarie Figueroa, Broker
List Price
$588,000
Sold Price
$660,000
Premium/Discount to List
$72,000
12.24%
Current Estimated Value
$830,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,779
Avg. Annual Appreciation
2.35%
Original Mortgage
$596,050
Outstanding Balance
$474,697
Interest Rate
3.92%
Mortgage Type
VA
Estimated Equity
$356,082

Purchase Details

Closed on
Dec 15, 2012
Sold by
Fakouri Hassan
Bought by
Fakouri Cyrus

Purchase Details

Closed on
Dec 21, 2005
Sold by
Fakouri Hassan and Fakouri Karen L
Bought by
Fakouri Hassan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.36%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Rinker Jeffrey H $660,000 Fidelity National Title Co
Fakouri Cyrus -- None Available
Fakouri Hassan -- Ticor Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rinker Jeffrey H $596,050
Previous Owner Fakouri Hassan $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2016 02/17/16 Sold $660,000 +12.2% $660 / Sq Ft
01/26/2016 01/26/16 Pending -- -- --
01/14/2016 01/14/16 For Sale $588,000 -- $588 / 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 $10,048 $781,297 $234,387 $546,910
2023 $10,048 $750,961 $225,287 $525,674
2022 $9,774 $736,237 $220,870 $515,367
2021 $9,427 $721,802 $216,540 $505,262
2020 $9,527 $714,402 $214,320 $500,082
2019 $9,252 $700,395 $210,118 $490,277
2018 $8,790 $686,663 $205,999 $480,664
2017 $8,741 $673,200 $201,960 $471,240
2016 $2,719 $170,077 $34,000 $136,077
2015 $2,614 $167,523 $33,490 $134,033
2014 $2,557 $164,242 $32,834 $131,408
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jeff Lang

    Compass

    Section Image

  • D

    Buyer's Agent in 2016

    Daniel Joy

    Rosemarie Figueroa, Broker

    Section Image
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Map

Source: MLSListings

MLS Number: ML81547001

MLSListings

APN: 115-020-300

California San Mateo County Pacifica 94044 Fairmont

5009 Palmetto Ave Unit 30, Pacifica, CA

Not Listed for Sale

Condos

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