NOT LISTED FOR SALE

5017 Palmetto Ave Unit 72 Pacifica, CA 94044

Fairmont Neighborhood

Estimated Value: $833,000 - $933,000

2 Beds
2 Baths
1,200 Sq Ft
9.03 Acres Lot

Sale Details

Date Sold: January 28, 2022

Last sale price $980,000 $817 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $6,291 / mo

37 Days on Market

Highlights

  • Ocean View
  • Unit is on the top floor
  • Clubhouse
  • Westmoor High School Rated A-
  • Primary Bedroom Suite
  • Vaulted Ceiling

About This Home

As of January 2022

Ocean Views and Quick Commute! Desirable Top-Floor unit with Vaulted Ceilings, all less than 20 min from downtown San Francisco. Large Windows and a private outdoor patio give you tranquil views of the Pacific Ocean. New Paint and carpeting throughout. Double pane windows, in-unit washer/dryer, and updated kitchen in this move-in ready condo. Detached one car garage, with lots of available storage, and additional permitted parking space. HOA includes garbage, water, sewer, cable, use of tennis courts, club house, and more. Conveniently located close to shopping, beaches, trails, and less than 15 minutes to SFO. Come home to vacation views every day.

Last Agent to Sell the Property

Brandice Anderson

eXp Realty of California Inc License #01981646 Listed on: 12/11/2021

eXp Realty of California Inc

Last Buyer's Agent

Ellie Foster

Real Estate Experts ERA Powered License #02113943

Real Estate Experts ERA Powered

Property Details

Home Type

  • Condominium

Year Built

  • 1973

Lot Details

  • 9.03

HOA Fees

  • $763 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Unassigned Parking

Home Design

  • Permanent Foundation

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Ocean Views

Kitchen

  • Open to Family Room
  • Electric Oven
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Utilities

  • Pellet Stove burns compressed wood to generate heat
  • Baseboard Heating

Additional Features

  • Balcony
  • Unit is on the top floor

Community Details

Overview

  • Association fees include cable / dish, common area electricity, garbage, insurance - earthquake, landscaping / gardening, maintenance - common area, management fee, pool spa or tennis, reserves, roof, sewer, water
  • 98 Units
  • Manor Association
  • Greenbelt

Amenities

  • Clubhouse

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Year Built

1973

Lot Details

9.03 Acres

HOA Fees

$763 per month

Parking

1

Listing Details

  • Zoning: RM00PD
  • Subclass: Condominium
  • Restrictions: Age - No Restrictions
  • Listing Class: Residential
  • Max Numberof Unitsin Building: 98
  • Min Numberof Unitsin Complex: 98
  • Structure Sq Ft: 1200
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1973

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Pellet Stove
  • Dining Room: Dining Area In Living Room
  • Kitchen: Countertop - Quartz, Dishwasher, Garbage Disposal, Oven Range - Electric, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1200
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Tile
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Shower Over Tub - 1, Stall Shower, Tile

Exterior Features

  • Foundation: Permanent
  • View: Ocean, Water
  • Yard/Grounds: Balcony / Patio, Tennis Court

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Parking Features: Detached Garage, Unassigned Spaces

Utilities

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

Condo/Co-op/Association

  • Complex Name: Pacific Point
  • HOA Fees: 763
  • HOA Amenities: Club House, Garden / Greenbelt / Trails, Tennis Court / Facility
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Cc&rs, Financial Statement, Minutes, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Cable / Dish, Common Area Electricity, Garbage, Insurance - Earthquake, Landscaping / Gardening, Maintenance - Common Area, Management Fee, Pool, Spa, Or Tennis, Reserves, Roof, Sewer, Water
  • HOA Exist: Yes
  • H O A Name Text: Manor Association

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling

Lot Info

  • Lot Description: Views

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 3
  • Minimum Building Height: 3
  • Unit Features: Corner Unit, Top Floor Or Penthouse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2021
Closed on
Jan 24, 2022
Sold by
Solanki Hitesh H
Bought by
Newton Scott Eugene and Newton Lisa
Seller's Agent
Brandice Anderson
eXp Realty of California Inc
Buyer's Agent
Ellie Foster
Real Estate Experts ERA Powered
List Price
$869,000
Sold Price
$980,000
Premium/Discount to List
$111,000
12.77%
Current Estimated Value
$870,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$109,202
Avg. Annual Appreciation
-2.76%
Original Mortgage
$788,000
Interest Rate
3.22%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 20, 2020
Sold by
Solanki Nan
Bought by
Solanki Hitesh H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 18, 2015
Closed on
May 5, 2015
Sold by
Marquez Rohan Kevin Michael and Marquez Rohan Berlita
Bought by
Solanki Hitesh H
Seller's Agent
Jim Tierney
NetEquity Real Estate
Buyer's Agent
Crystal Shetaya
Nu Level Realty, Inc.
List Price
$525,000
Sold Price
$560,000
Premium/Discount to List
$35,000
6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.11%
Original Mortgage
$448,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 2, 2013
Sold by
Marquez Rohan Kevin and Marquez Rohan Berlita
Bought by
Marquez Rohan Kevin Michael and Marquez Rohan Berlita

Purchase Details

Closed on
Mar 25, 2004
Sold by
Thorsnes Jeffrey C and Thorsnes Anita Landis
Bought by
Rohan Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,400
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 1998
Sold by
Va
Bought by
Thorsnes Jeffrey C and Thorsnes Anita Landis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
6.6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 15, 1998
Sold by
Kenneth Holmes
Bought by
First Nationwide Mtg Corp

Purchase Details

Closed on
Feb 5, 1998
Sold by
Diversified Unlimited Inc
Bought by
Mercury Creek Trust

Purchase Details

Closed on
Dec 11, 1997
Sold by
Kenneth Holmes
Bought by
Diversified Unlimited Inc

Purchase Details

Closed on
May 20, 1997
Sold by
First Nationwide Mtg Corp
Bought by
Va

Purchase Details

Closed on
Apr 4, 1995
Sold by
Mandolfo Jerry J and Mandolfo Sandra R
Bought by
Holmes Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
8.6%
Mortgage Type
Assumption
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Newton Scott Eugene $980,000 Old Republic Title
Solanki Hitesh H -- None Available
Solanki Hitesh H -- None Available
Solanki Hitesh H $560,000 First American Title Company
Marquez Rohan Kevin Michael -- None Available
Rohan Kevin $468,000 Commonwealth Land Title Ins
Thorsnes Jeffrey C $200,909 --
First Nationwide Mtg Corp $161,736 Fidelity National Title
Mercury Creek Trust -- --
Diversified Unlimited Inc $175,000 --
Va -- Fidelity National Title
Holmes Kenneth $175,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Newton Scott Eugene $788,000
Previous Owner Solanki Hitesh H $393,500
Previous Owner Solanki Hitesh H $448,000
Previous Owner Rohan Kevin $374,400
Previous Owner Thorsnes Jeffrey C $193,500
Previous Owner Holmes Kenneth $175,000
Closed Rohan Kevin $93,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/28/2022 01/28/22 Sold $980,000 +12.8% $817 / Sq Ft
01/17/2022 01/17/22 Pending -- -- --
12/11/2021 12/11/21 For Sale $869,000 +55.2% $724 / Sq Ft
05/08/2015 05/08/15 Sold $560,000 +6.7% $459 / Sq Ft View Prior Sale
03/27/2015 03/27/15 Pending -- -- --
03/18/2015 03/18/15 For Sale $525,000 -- $430 / Sq Ft
Source: MLSListings

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 $10,933 $918,000 $275,000 $643,000
2023 $10,933 $810,000 $243,000 $567,000
2022 $8,421 $634,211 $190,263 $443,948
2021 $8,278 $621,777 $186,533 $435,244
2020 $8,357 $615,403 $184,621 $430,782
2019 $8,112 $603,337 $181,001 $422,336
2018 $7,698 $591,507 $177,452 $414,055
2017 $7,648 $579,910 $173,973 $405,937
2016 $7,392 $568,540 $170,562 $397,978
2015 $7,057 $553,639 $166,089 $387,550
2014 $5,848 $455,000 $136,000 $319,000
Source: Public Records

Agents Affiliated with this Home

  • Brandice Anderson

    Seller's Agent in 2022

    Brandice Anderson

    eXp Realty of California Inc

    (650) 733-7167

    3 in this area

    9 Total Sales

    Brandice Anderson
    Section Image

  • E

    Buyer's Agent in 2022

    Ellie Foster

    Real Estate Experts ERA Powered

    Section Image
  • Jim Tierney

    Seller's Agent in 2015

    Jim Tierney

    NetEquity Real Estate

    (650) 544-4663

    57 Total Sales

    Jim Tierney
    Section Image
  • Crystal Shetaya

    Buyer's Agent in 2015

    Crystal Shetaya

    Nu Level Realty, Inc.

    (650) 825-0653

    1 in this area

    14 Total Sales

    Crystal Shetaya
    Section Image
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Map

Source: MLSListings

MLS Number: ML81872114

MLSListings

APN: 115-030-120

California San Mateo County Pacifica 94044 Fairmont

5017 Palmetto Ave Unit 72, Pacifica, CA

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