$700,000
SOLD MAR 3, 2023

5015 Palmetto Ave Unit 12 Pacifica, CA 94044

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

Recently Sold

$583 Per Sq Ft

7% Below List Price

108 Days on Market

Highlights

  • Ocean View
  • Clubhouse
  • Vaulted Ceiling
  • Westmoor High School Rated A-
  • Deck
  • 1 Car Detached Garage

About This Home

As of June 2024

PERCHED ABOVE IT ALL, WITH A BREATHTAKING AND UNOBSTRUCTED VIEW OF THE OCEAN, THIS 2 BEDROOM, 2 BATHROOM CONDO HAS BEEN RECENTLY REFRESHED AND AWAITING YOUR FINISHING TOUCHES. BASKING IN AN ABUNDANCE OF NATURAL LIGHT, THIS RESIDENCE LIVES LARGER THAN IT IS THANKS TO THE VAULTED CEILING AND LARGE PICTURE WINDOWS. LISTEN TO THE WAVES FROM THE PRIVATE PATIO OR COZY UP TO THE FIREPLACE ON A CHILLY NIGHT. THE PRIMARY EN-SUITE IS SPACIOUS AND FEATURES TWO LARGE CLOSETS WHILE THE CONVENIENCE OF THE IN-UNIT WASHER & DRYER WILL DELIGHT YOU. NEW CARPET AND PAINT THROUGHOUT, AND FEATURING GENEROUS CLOSET SPACE, THERES A PLACE FOR EVERYTHING IN THIS CONDO. THE CLUBHOUSE IS THE PERFECT SPOT FOR YOUR NEXT SPECIAL EVENT AND THERES A SHARED GARAGE PARKING FOR ONE, WITH OVERFLOW SPACES FOR VISITORS. IDEALLY LOCATED CLOSE TO SHOPPING AND WITH EASY ACCESS TO HWY. 1 AND 35, ACCESSING ALL COMMUTING POINTS IS A BREEZE. THIS MILLION-DOLLAR VIEW WONT LAST LONG!

Last Agent to Sell the Property

Maxine Dumas

Dumas & Company License #70016021 Listed on: 10/07/2022

Last Buyer's Agent

Veronica Sester

Signature Realty & Mortgage License #02127289

Signature Realty & Mortgage

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,450

Year Built

  • Built in 1973

HOA Fees

  • $916 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Guest Parking

Property Views

  • Ocean
  • Neighborhood

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Double Pane Windows
  • Formal Entry
  • Living Room with Fireplace
  • Laminate Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Additional Features

  • Deck
  • Gentle Sloping Lot
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 115-020-120

Community Details

Overview

  • Association fees include common area electricity, garbage, insurance - common area, insurance - structure, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, roof, water
  • 98 Units
  • Pacific Point Homeowners Assoc. Association
  • Built by PACIFIC POINT HOMEOWNERS ASSO.

Amenities

  • Clubhouse

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,450

Year Built

Built in 1973

Lot Details

0

HOA Fees

$916 per month

Parking

1

Listing Details

  • Subclass: Condominium
  • Style: Unknown
  • Restrictions: Pets - Other
  • Age: 49
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 98
  • Structure Sq Ft: 1200
  • Complex Name: PACIFIC POINT HOMEOWNERS ASSO.
  • Incorporated: Yes
  • 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 "L"
  • Kitchen: Countertop - Laminate
  • Living Sq Ft: 1200
  • Stories: 1
  • Bedrooms: Primary Bedroom on Ground Floor
  • Laundry: Dryer, Electricity Hookup (220V), Inside, Washer
  • Flooring: Carpet, Tile, Vinyl / Linoleum
  • Additional Rooms: Formal Entry
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Full on Ground Floor, Shower and Tub, Stall Shower, Tile
  • Fireplace: Yes

Exterior Features

  • View: Neighborhood, Ocean
  • Yard/Grounds: Deck

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage, Gate / Door Opener, Guest / Visitor Parking

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 916
  • HOA Amenities: Club House
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Financial Statement, Minutes, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Garbage, Insurance - Common Area, Insurance - Structure, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Roof, Water
  • H O A Name Text: PACIFIC POINT HOMEOWNERS ASSOC.
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling

Schools

  • School District: Jefferson Union High

Lot Info

  • Lot Description: Grade - Gently Sloped
  • Parcel Number: 115-020-120
  • Soil: Unknown

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Individual Electric Meters

MLS Schools

  • High School District Text: Jefferson Union High

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%
Views
249
Current Estimated Value
$823,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,239
Avg. Annual Appreciation
2.79%
Original Mortgage
$558,600
Outstanding Balance
$552,633
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$270,606

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: 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 $9,450 $830,238 $249,071 $581,167
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: MLSListings

MLS Number: ML81909816

MLSListings

APN: 115-020-120