$1,000,000
SOLD MAY 13, 2022

5011 Palmetto Ave Unit 20 Pacifica, CA 94044

Fairmont Neighborhood
2 Beds
1 Bath
1,000 Sq Ft
$781/mo HOA Fee

Recently Sold

$1,000 Per Sq Ft

15% Above List Price

7 Days on Market

Highlights

  • Clubhouse
  • Granite Countertops
  • Balcony
  • Westmoor High School Rated A-
  • Tennis Courts
  • 1 Car Detached Garage

About This Home

As of October 2023

Imagine coming home to unobstructed views of the Pacific Ocean, having easy access to coastal walking trails, all while being less than 20 minutes to San Francisco and SFO! Natural light abounds in this beachy 2 bed, 1 bath condo in Pacifica w/ private balcony, fireplace, interior laundry, modern kitchen and freshly updated bathroom. Brand new carpet and paint as well as brand new stackable washer/dryer and refrigerator provide the extra touches you're looking for. Detached 2 car garage is shared with a neighbor and provides 1 parking spot and extra storage. One parking pass is also provided for the open parking areas. Community amenities include tennis courts and an ocean view clubhouse. Easy access to unit with only 3 steps on the front walkway.

Last Agent to Sell the Property

Kirsten Reilly

Compass License #01383856 Listed on: 03/16/2022

Compass

Co-Listed By

Mary Bormann

Compass License #02128543

Last Buyer's Agent

Steven Tam

eXp Realty of Northern CA Inc. License #02031695

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,393

Year Built

  • 1973

HOA Fees

  • $781 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Electric Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Laundry

  • Laundry in unit
  • Washer and Dryer

Additional Features

  • Balcony
  • Baseboard Heating

Community Details

Overview

  • Association fees include cable / dish, common area electricity, common area gas, exterior painting, garbage, insurance - earthquake, insurance - liability, maintenance - common area, management fee, pool spa or tennis, reserves, roof, sewer
  • Pacific Point Homeowners Association
  • The community has rules related to parking rules

Amenities

  • Clubhouse

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,393

Year Built

1973

Lot Details

0

HOA Fees

$781 per month

Parking

1

Listing Details

  • Zoning: RM00PD
  • Subclass: Condominium
  • Restrictions: Parking Restrictions
  • Age: 49
  • Listing Class: Residential
  • Structure Sq Ft: 1000
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1973

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area
  • Kitchen: Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Microwave, Oven Range - Electric, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1000
  • Stories: 1
  • Bedrooms: More Than One Bedroom On Ground Floor
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Shower Over Tub - 1, Tile, Updated Bath

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage, Parking Restrictions

Utilities

  • Heating System: Baseboard, Electric
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • Complex Name: Pacific Point Condominiums
  • HOA Fees: 781
  • HOA Amenities: Club House, Tennis Court / Facility
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Cable / Dish, Common Area Electricity, Common Area Gas, Exterior Painting, Garbage, Insurance - Earthquake, Insurance - Liability, Maintenance - Common Area, Management Fee, Pool, Spa, Or Tennis, Reserves, Roof, Sewer
  • HOA Exist: Yes
  • H O A Name Text: Pacific Point Homeowners Association

Schools

  • School District: Jefferson Union High

Multi Family

  • Utilities: Public Utilities

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $411,500 Chicago Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $306,234 New Conventional
Closed $312,000 New Conventional
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: 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 $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

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Map

Source: MLSListings

MLS Number: ML81882569

MLSListings

APN: 115-020-200