$798,000
SOLD JUN 6, 2024

5015 Palmetto Ave Unit 12 Pacifica, CA 94044

Fairmont Neighborhood
2 Beds
2 Baths
1,200 Sq Ft
$916/mo HOA Fee

Recently Sold

$665 Per Sq Ft

9% Below List Price

137 Days on Market

Highlights

  • Ocean View
  • Unit is on the top floor
  • Clubhouse
  • Westmoor High School Rated A-
  • 9.03 Acre Lot
  • Cathedral Ceiling

About This Home

As of June 2024

***Now offering 6 months of FREE HOA*** Experience coastal living at its finest in this spectacular 2 bedroom, 2 bathroom with panoramic ocean views. The spacious and bright interior features 1,200 square feet of living space including a large living room, dining area, in-unit washer/dryer, and bedrooms with ample closet space. Garage parking for 1 vehicle with additional storage are included, along with overflow parking spaces for a second vehicle or guests. Conveniently located near shopping, restaurants, Esplanade Beach, Mussel Rock Park, and CA Highway-1, this condo offers a perfect blend of tranquility and accessibility. Don't miss the chance to make this oceanfront oasis your own!

Last Agent to Sell the Property

Patrick Gonzales

Fifty Hills Real Estate License #02050639 Listed on: 01/18/2024

Fifty Hills Real Estate

Co-Listed By

Randy Garcia

Fifty Hills Real Estate License #02058191

Last Buyer's Agent

Non Member Sales

Non Multiple Participant

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,450

Year Built

  • Built in 1973

HOA Fees

  • $916 Monthly HOA Fees

Interior Spaces

  • 2 Full Bathrooms
  • 1,200 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Formal Entry
  • Living Room with Fireplace
  • Ocean Views

Kitchen

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

Flooring

  • Carpet
  • Linoleum
  • Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Side by Side Parking
  • Garage Door Opener
  • Guest Parking
  • Assigned Parking

Additional Features

  • Balcony
  • Sloped Lot
  • Unit is on the top floor
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 115-020-120

Community Details

Overview

  • Association fees include common areas, insurance, maintenance exterior, management, roof, trash, water
  • 98 Units
  • Pacific Point Homeowners Association, Phone Number (650) 637-1616

Amenities

  • Clubhouse

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,450

Year Built

Built in 1973

Lot Details

0

HOA Fees

$916 per month

Listing Details

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

Interior Features

  • Number Of Fireplaces: 1
  • Fireplace Features: Living Room
  • Bedrooms: 2
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Number Of Rooms: 4
  • Appliances: Dishwasher, Free Standing Electric Oven, Free Standing Electric Range, Free Standing Refrigerator
  • Flooring: Carpet, Linoleum, Tile, Vinyl
  • Interior Amenities: Cathedral Ceiling, Formal Entry
  • Laundry Features: Dryer Included, Electric, Inside Area, Washer Included
  • Price Per Square Foot: 665.00
  • Square Footage: 1200.00

Exterior Features

  • Exterior Features: Balcony
  • Foundation: Other
  • Roof: Other
  • View: Ocean

Garage/Parking

  • Parking Access: Side by Side
  • Parking Features: Detached, Garage Door Opener, Guest Parking Available
  • Parking Fees: No
  • Parking Type: On Site - Assigned (Condo Only)
  • Total Parking Spaces: 1.00

Utilities

  • Cooling: None
  • Heating: Baseboard, Electric
  • Sewer: Public Sewer
  • Utilities: Public
  • Water Source: Public

Association/Amenities

  • Association Features: Clubhouse
  • Association Name: Pacific Point Homeowners Association

Condo/Co-op/Association

  • Unit: 12
  • Association Fee: 916
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Common Areas, Insurance, Maintenance Exterior, Management, Roof, Trash, Water
  • Phone: (650) 637-1616

Schools

  • School District: San Mateo

Lot Info

  • Assessor Parcel Number: 115-020-120
  • Lot Size Acres: 9.0262
  • Lot Size Sq Ft: 393182.00
  • Lot Size Units: SqFt
  • Price Per Acre: 88409.30
  • Topography: Lot Sloped

Rental Info

  • Pets Allowed: Cats OK, Dogs OK, Service Animals OK, Yes

Multi Family

  • Number Of Units: 98

MLS Schools

  • School District County: San Mateo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2024
Closed on
May 30, 2024
Sold by
Lopez Oliver
Bought by
Abate Jessica Porter and Abate Adam Ross
Seller's Agent
Patrick Gonzales
Fifty Hills Real Estate
Buyer's Agent
Non Member Sales
Non Multiple Participant
List Price
$875,888
Sold Price
$798,000
Premium/Discount to List
-$77,888
-8.89%
Total Days on Market
137
Views
249
Current Estimated Value
$822,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,105
Avg. Annual Appreciation
3.05%
Original Mortgage
$558,600
Outstanding Balance
$554,052
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$268,053

Purchase Details

Listed on
Oct 7, 2022
Closed on
Feb 13, 2023
Sold by
First Amended And Restated Hendrika F He
Bought by
Lopez Oliver
Seller's Agent
Maxine Dumas
Dumas & Company
Buyer's Agent
Veronica Sester
Signature Realty & Mortgage
List Price
$749,950
Sold Price
$700,000
Premium/Discount to List
-$49,950
-6.66%
Views
201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.96%
Original Mortgage
$665,000
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 1998
Sold by
Hendricks Rika F and Hendricks Francina Hendrika
Bought by
Hendricks Hendrika F
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
Grant Deed $798,000 Chicago Title Company
Grant Deed $700,000 Lawyers Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $558,600 New Conventional
Previous Owner $665,000 New Conventional
Previous Owner $81,500 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2024 06/06/24 Sold $798,000 0.0% $665 / Sq Ft
06/03/2024 06/03/24 Pending -- -- --
06/01/2024 06/01/24 Off Market $798,000 -- --
03/02/2024 03/02/24 Price Changed $798,000 -2.4% $665 / Sq Ft
02/13/2024 02/13/24 Price Changed $818,000 -6.6% $682 / Sq Ft
01/18/2024 01/18/24 For Sale $875,888 +25.1% $730 / Sq Ft
03/03/2023 03/03/23 Sold $700,000 0.0% $583 / Sq Ft
01/24/2023 01/24/23 Pending -- -- --
01/06/2023 01/06/23 Price Changed $699,950 -6.7% $583 / Sq Ft
10/07/2022 10/07/22 For Sale $749,950 -- $625 / 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
2023 $9,450 $88,318 $23,505 $64,813
2022 $2,083 $86,588 $23,045 $63,543
2021 $2,035 $84,892 $22,594 $62,298
2020 $1,992 $84,023 $22,363 $61,660
2019 $1,911 $82,376 $21,925 $60,451
2018 $1,701 $80,762 $21,496 $59,266
2017 $1,701 $79,179 $21,075 $58,104
2016 $1,553 $77,627 $20,662 $56,965
2015 $1,486 $76,462 $20,352 $56,110
2014 $1,674 $74,965 $19,954 $55,011
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 424002909

San Francisco Association of REALTORS® MLS

APN: 115-020-120