NOT LISTED FOR SALE

5011 Palmetto Ave Unit 20 Pacifica, CA 94044

Fairmont Neighborhood

Estimated Value: $864,000 - $911,844

2 Beds
1 Bath
1,000 Sq Ft
$709/mo HOA Fee

Last Sold October 13, 2023

Last sale price $970,000 $970 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $6,633/month

83 Days on Market

Highlights

  • Ocean View
  • 9.03 Acre Lot
  • Tennis Courts
  • Westmoor High School Rated A-
  • Ground Level Unit
  • Converted Garage

About This Home

As of October 2023

Welcome to your dream home with breathtaking ocean views! This enchanting 2-bedroom residence offers a perfect combination of space, comfort, and tranquility. As you step into this cozy abode, you'll be immediately captivated by the stunning vistas of the azure waters stretching as far as the eye can see. The expansive windows in the living area provide an uninterrupted panorama, allowing you to soak in the beauty of the ocean from the comfort of your own home. The interior of this home has been meticulously designed to create an inviting and warm atmosphere. The spacious layout ensures ample room for relaxation and entertainment, while the tasteful dcor exudes a sense of charm and elegance. The open-concept living and dining area seamlessly flow together, making it an ideal space for hosting gatherings or enjoying cozy evenings with loved ones. A private balcony beckons you to unwind and bask in the refreshing ocean breeze. Imagine sipping your morning coffee or enjoying a glass of wine as you watch the waves dance against the horizon - pure bliss! Conveniently located to nearby Mussel Rock Park, Beach, Safeway, 24 Hour Fitness, Restaurants and California Highway 1.

Last Agent to Sell the Property

Steven Tam

eXp Realty of Northern CA Inc. License #02031695 Listed on: 07/13/2023

eXp Realty of Northern CA Inc.

Last Buyer's Agent

Nick Villanueva

Kinetic Real Estate License #02147224

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,393

Year Built

  • Built in 1973

Lot Details

  • 9

HOA Fees

  • $709 Monthly HOA Fees

Interior Spaces

  • 1 Full Bathroom
  • 1,000 Sq Ft Home
  • Ocean Views

Kitchen

  • Free-Standing Electric Oven
  • Free-Standing Electric Range
  • Microwave
  • Dishwasher

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Converted Garage
  • Side by Side Parking
  • Garage Door Opener
  • Guest Parking
  • Assigned Parking

Additional Features

  • Balcony
  • Ground Level Unit
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 115-020-200

Community Details

Overview

  • Association fees include common areas, earthquake insurance, insurance, maintenance exterior, management, roof, sewer, trash
  • 88 Units

Recreation

  • Tennis Courts

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,393

Year Built

Built in 1973

Lot Details

0

HOA Fees

$709 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Subtype Description: Attached
  • Location Of Unit: Ground Floor
  • Year Built: 1973
  • Special Features: None
  • Stories: 0

Interior Features

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Number Of Rooms: 4
  • Appliances: Dishwasher, Free Standing Electric Oven, Free Standing Electric Range, Free Standing Refrigerator, Microwave
  • Laundry Features: Dryer Included, Laundry Closet, Washer Included
  • Price Per Square Foot: 970.00
  • Square Footage: 1000.00

Exterior Features

  • Exterior Features: Balcony
  • View: Ocean

Garage/Parking

  • Parking Access: Side by Side
  • Parking Features: Converted Garage, Garage Door Opener, Guest Parking Available
  • Parking Fees: No
  • Parking Type: On Site - Assigned (Condo Only), Other
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Electric
  • Sewer: Public Sewer
  • Utilities: Public
  • Water Source: Public

Association/Amenities

  • Association Features: Tennis Courts

Condo/Co-op/Association

  • Unit: 20
  • Association Fee: 709
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Common Areas, Earthquake Insurance, Insurance, Maintenance Exterior, Management, Roof, Sewer, Trash

Lot Info

  • Assessor Parcel Number: 115-020-200
  • Lot Size Acres: 9.0262
  • Lot Size Sq Ft: 393182.00
  • Lot Size Units: SqFt
  • Price Per Acre: 107464.94

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Number Of Units: 88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2020
Sold by
Chang John
Bought by
Chang John
Current Estimated Value
$883,961

Purchase Details

Listed on
Jul 17, 2013
Closed on
Aug 21, 2013
Sold by
Wallace Frederick J
Bought by
Chang John
Seller's Agent
Tony Gabb
RE/MAX Gold Redwood Shores.
Buyer's Agent
Roland Schulz
Elite Realty Services
List Price
$375,000
Sold Price
$411,334
Premium/Discount to List
$36,334
9.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.64%
Original Mortgage
$312,000
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2011
Sold by
Wallace Frederick J
Bought by
Wallace Frederick J
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Chang John -- None Available
Chang John $411,500 Chicago Title Company
Wallace Frederick J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chang John $306,234
Closed Chang John $312,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2023 10/13/23 Sold $970,000 -0.8% $970 / Sq Ft
10/04/2023 10/04/23 Pending -- -- --
09/12/2023 09/12/23 Price Changed $978,000 -2.0% $978 / Sq Ft
07/13/2023 07/13/23 For Sale $998,000 -0.2% $998 / Sq Ft
05/13/2022 05/13/22 Sold $1,000,000 +14.9% $1,000 / Sq Ft
03/24/2022 03/24/22 Pending -- -- --
03/16/2022 03/16/22 For Sale $870,000 +111.5% $870 / Sq Ft
08/26/2013 08/26/13 Sold $411,334 +9.7% $411 / Sq Ft
07/25/2013 07/25/13 Pending -- -- --
07/17/2013 07/17/13 For Sale $375,000 -- $375 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

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 $12,393 $1,009,187 $302,756 $706,431
2023 $12,393 $730,000 $219,000 $511,000
2022 $6,526 $475,339 $142,600 $332,739
2021 $6,410 $466,019 $139,804 $326,215
2020 $6,451 $461,242 $138,371 $322,871
2019 $6,254 $452,199 $135,658 $316,541
2018 $5,917 $443,334 $132,999 $310,335
2017 $5,864 $434,642 $130,392 $304,250
2016 $5,639 $426,121 $127,836 $298,285
2015 $5,436 $419,721 $125,916 $293,805
2014 $5,273 $411,500 $123,450 $288,050
Source: Public Records

Agents Affiliated with this Home

  • Steven Tam

    Seller's Agent in 2023

    Steven Tam

    eXp Realty of Northern CA Inc.

    (415) 300-0238

    1 in this area

    36 Total Sales

    Steven Tam
    Section Image

  • N

    Buyer's Agent in 2023

    Nick Villanueva

    Kinetic Real Estate

    (650) 922-4813

    3 in this area

    45 Total Sales

    Nick Villanueva
    Section Image
  • Kirsten Reilly

    Seller's Agent in 2022

    Kirsten Reilly

    Compass

    (408) 835-2962

    1 in this area

    136 Total Sales

    Kirsten Reilly
    Section Image

  • M

    Seller Co-Listing Agent in 2022

    Mary Bormann

    Compass

    Section Image

  • T

    Seller's Agent in 2013

    Tony Gabb

    RE/MAX

    Section Image
  • Roland Schulz

    Buyer's Agent in 2013

    Roland Schulz

    Elite Realty Services

    (408) 828-6363

    5 Total Sales

    Roland Schulz
    Section Image
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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 423756155

San Francisco Association of REALTORS® MLS

APN: 115-020-200

California San Mateo County Pacifica 94044 Fairmont

5011 Palmetto Ave Unit 20, Pacifica, CA

This home is located at 5011 Palmetto Ave Unit 20, Pacifica, CA 94044 since 13 July 2023 and is currently estimated at $883,961, approximately $883 per square foot. This property was built in 1973. 5011 Palmetto Ave Unit 20 is a home located in San Mateo County with nearby schools including Ocean Shore Elementary School, Cabrillo Elementary School, and Linda Mar Educational Center.

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.

San Francisco Association of REALTORS® MLS 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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