NOT LISTED FOR SALE

5015 Palmetto Ave Unit 11 Pacifica, CA 94044

Fairmont Neighborhood

Estimated Value: $650,000 - $835,375

2 Beds
2 Baths
1,200 Sq Ft
$904/mo HOA Fee

Last Sold May 28, 2024

Last sale price $675,000 $562 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,155/month

125 Days on Market

Highlights

  • Ocean View
  • 1 Car Detached Garage
  • Washer and Dryer
  • Westmoor High School Rated A-
  • Baseboard Heating
  • Dining Area

About This Home

As of May 2024

Best price & best ocean views in Pacifica! You will fall in love with this spacious & bright condo which offers 1,200 square feet of living space and spectacular views of the Pacific Ocean & the California Coast. This unit needs a little updating, but for this price it's truly an incredible value. You will enjoy watching the waves crash and the sun set from this peaceful & private property. The floor plan is great! The bedrooms are both large with lots of closet space, the living room is huge, and there is a separate dining area as well. Additional features include an in-unit washer/dryer and a covered outdoor patio with breathtaking views. The unit also comes with garage parking & additional storage. The location is great as well! You are walking distance to the beach, plus shopping, restaurants & transportation are all very close by. There is also easy access to Highway-1 making commuting a breeze. ** SELLER IS NOW OFFERING 6 MONTHS OF FREE HOA DUES WITH PURCHASE! ** HOA fee includes water, garbage, basic cable, common area and earthquake insurance, exterior maintenance, and much more. Don't miss out on this great opportunity to buy a million-dollar view for a fraction of the price!

Last Listed By

Michael Darling

Intero Real Estate Services License #01267936 Listed on: 01/03/2024

Intero Real Estate Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,321

Year Built

  • Built in 1973

Lot Details

  • 9

HOA Fees

  • $904 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Ocean Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer

Utilities

  • Baseboard Heating

Community Details

  • Association fees include common area electricity, common area gas, exterior painting, garbage, insurance - common area, management fee, reserves, roof, water
  • Pacific Point Condominiums Association
  • Built by Pacific Point Condominiums

Listing and Financial Details

  • Assessor Parcel Number 115-020-110

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,321

Year Built

Built in 1973

Lot Details

0

HOA Fees

$904 per month

Parking

1

Listing Details

  • Subclass: Condominium
  • Age: 50
  • Listing Class: Residential
  • Structure Sq Ft: 1200
  • Complex Name: Pacific Point Condominiums
  • 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 Area
  • Living Sq Ft: 1200
  • Stories: 1
  • Laundry: Inside, Washer / Dryer
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • View: Ocean

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 904
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Garbage, Insurance - Common Area, Management Fee, Reserves, Roof, Water
  • H O A Name Text: Pacific Point Condominiums
  • H O A Exist: Yes

Schools

  • School District: Jefferson Union High

Lot Info

  • Parcel Number: 115-020-110

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 3, 2024
Closed on
May 16, 2024
Sold by
Robert Sauter And Judith M Sauter Trust and Sauter Kevin
Bought by
May Jackson D
Seller's Agent
Michael Darling
Intero Real Estate Services
Buyer's Agent
Ellie Kravets
Redfin
List Price
$798,000
Sold Price
$675,000
Premium/Discount to List
-$123,000
-15.41%
Total Days on Market
125
Views
583
Current Estimated Value
$724,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,844
Avg. Annual Appreciation
5.39%
Original Mortgage
$375,000
Outstanding Balance
$371,810
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$339,543

Purchase Details

Closed on
Nov 29, 2021
Sold by
Sauter Robert L
Bought by
Robert Sauter & Judith M Sauter Trust and Saute Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,100
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2018
Sold by
Sauter Robert L
Bought by
Sauter Sauter Robert L Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2017
Sold by
Sauter Robert L
Bought by
Sauter Sauter Robert L Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2004
Sold by
Sauter Robert L and Sauter Judith M
Bought by
Sauter Robert L and Sauter Judith M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 15, 2002
Sold by
Sauter Robert L and Sauter Judith M
Bought by
Sauter Robert L and Sauter Judith M

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
May Jackson D $675,000 Fidelity National Title
Robert Sauter & Judith M Sauter Trust -- Amrock
Sauter Robert L -- Amrock
Sauter Sauter Robert L Robert L -- None Available
Sauter Robert L -- Title Source Inc
Sauter Sauter Robert L Robert L -- None Available
Sauter Robert L -- None Available
Sauter Robert L -- --
Sauter Robert L -- Commonwealth Title
Sauter Robert L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open May Jackson D $375,000
Previous Owner Sauter Robert L $154,100
Previous Owner Sauter Robert L $156,000
Previous Owner Sauter Robert L $75,000
Previous Owner Sauter Robert L $50,000
Previous Owner Sauter Robert L $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2024 05/28/24 Sold $675,000 -3.3% $563 / Sq Ft
05/07/2024 05/07/24 Pending -- -- --
04/03/2024 04/03/24 Price Changed $698,000 -3.1% $582 / Sq Ft
03/21/2024 03/21/24 Price Changed $720,000 -3.9% $600 / Sq Ft
02/14/2024 02/14/24 Price Changed $749,000 -6.1% $624 / Sq Ft
01/03/2024 01/03/24 For Sale $798,000 -- $665 / 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
2023 $2,321 $91,929 $18,364 $73,565
2022 $2,123 $90,127 $18,004 $72,123
2021 $2,074 $88,360 $17,651 $70,709
2020 $2,032 $87,455 $17,471 $69,984
2019 $1,951 $85,741 $17,129 $68,612
2018 $1,794 $84,061 $16,794 $67,267
2017 $1,738 $82,414 $16,465 $65,949
2016 $1,590 $80,799 $16,143 $64,656
2015 $1,522 $79,586 $15,901 $63,685
2014 $1,709 $78,028 $15,590 $62,438
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81947927

MLSListings

APN: 115-020-110