NOT LISTED FOR SALE

5021 Observation Way Palmdale, CA 93552

East Palmdale Neighborhood

Estimated Value: $519,886 - $646,000

3 Beds
2 Baths
1,851 Sq Ft
$300/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $465,000 $251 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,636/month

5 Days on Market

Highlights

  • Family Room with Fireplace
  • No HOA
  • Tile Flooring
  • Traditional Architecture
  • Laundry Room
  • 1-Story Property

About This Home

As of September 2021

*Sought-After Single Story Home Located in the Foothills of Palmdale*Great Room Style Open Floor Plan*Ideal Kitchen w/Large Walk-In Pantry*Stainless Appliances*Serving/Snack Bar*Great Rm w/Fireplace*Spacious & Private Master Bedroom Suite*Split Floor Plan w/Bedrooms & Full Hallway Bath off Entryway*10ft Ceilings*Beautiful Drought Tolerant Desert Scape w/Succulent Covered Front Yard*Beautiful Custom Water Feature Rock Water Fall and Pond*Pergola*Fruit Trees*Garden Shed*Beautiful Neighborhood w/Gorgeous Valley Views*Ideal Commuter Location*

Last Agent to Sell the Property

Lori Fischer

Coldwell Banker-A Hartwig Co. License #00757849 Listed on: 08/13/2021

Coldwell Banker-A Hartwig Co.

Last Buyer's Agent

Karla Olivan Perez

Coldwell Banker-A Hartwig Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,262

Year Built

  • Built in 2006

Lot Details

  • 7,405 Sq Ft Lot
  • Slump Stone Wall
  • Back Yard Fenced
  • Rectangular Lot
  • Property is zoned PDR17000

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Concrete Foundation
  • Frame Construction
  • Tile Roof

Interior Spaces

  • 1,851 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Dining Area
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 3051-051-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,262

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Directions To Property: Fwy 14; Exit Pearblossom Hwy; East (left) to 47th St E; North (left) on 47th; East (right) Mountain View Dr; North (left) on 50th St East; Right on Observation Way
  • Listing Member Name: Lori Fischer
  • Listing Office Short Id: 1142
  • Lot Measurement: Acres
  • Open House Office I D: 20150204220331123679000000
  • Prop. Type: A
  • Selling Member Short Id: 61107
  • Selling Office Short Id: 7770
  • Sp Percent Lp: 1.06
  • Square Footage: 1851.00
  • Tract Suffix: Way
  • Year Built: 2006
  • Precautions: Dogs
  • Property Sub Type: Single Family Residence
  • R V Access: No
  • Building Stories: 1 Story
  • Cross Street: Paved
  • Audio Video Surveillance: Yes
  • House Sale Contingency: None
  • Building Style: Traditional
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Bathrooms: 2.00
  • Builders Tract Name: Mountain View Ranch
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Microwave
  • Basement Full Bathrooms: 2
  • Dining Room: Dining Area
  • Fireplace: Family Room, Gas
  • Flooring: Carpet, Tile
  • Laundry: Laundry Room

Exterior Features

  • Exterior Construction: Frame
  • Roof: Tile
  • Exterior Features: Family Room
  • Fencing: Back Yard, Slump Stone
  • Lot Size: Rectangular Lot
  • Pool: None
  • Spa: None
  • Foundation: Concrete Slab

Garage/Parking

  • Garage Spaces: Attached, Direct Access
  • GarageNumberOfGarageSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Hot Water: Public Utility
  • Utilities: Natural Gas

Condo/Co-op/Association

  • HOA: No
  • Senior Housing Type: SFD (Single Family Dwelling)

Lot Info

  • Lot Acres: 0.17
  • Zoning: PDR17000
  • Horse Property: No

Green Features

  • Solar: None

Rental Info

  • Pet Deposit: $5000

Tax Info

  • Assessor Parcel Number: 3051-051-003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2021
Closed on
Sep 2, 2021
Sold by
Cardenas Leslie
Bought by
Mendez Rene Ricardo
Seller's Agent
Lori Fischer
Coldwell Banker-A Hartwig Co.
Buyer's Agent
Karla Olivan Perez
Coldwell Banker-A Hartwig Co.
List Price
$439,900
Sold Price
$465,000
Premium/Discount to List
$25,100
5.71%
Current Estimated Value
$555,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,722
Avg. Annual Appreciation
4.47%
Original Mortgage
$0
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 13, 2021
Closed on
Aug 24, 2021
Sold by
Vavrick Colette D and Vavrick Edward G
Bought by
Mendez Rene Ricardo
Seller's Agent
Lori Fischer
Coldwell Banker-A Hartwig Co.
Buyer's Agent
Karla Olivan Perez
Coldwell Banker-A Hartwig Co.
List Price
$439,900
Sold Price
$465,000
Premium/Discount to List
$25,100
5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 10, 2008
Sold by
Fdic
Bought by
Vavrick Colette D and Vavrick Edward G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,785
Interest Rate
6.03%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 12, 2008
Sold by
Roma Juan and Arellano Aida
Bought by
Indymac Bank Fsb

Purchase Details

Closed on
Aug 29, 2006
Sold by
Western Pacific Housing Inc
Bought by
Romo Juan and Arellano Aida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,952
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Mendez Rene Ricardo -- Consumers Title
Mendez Rene Ricardo $465,000 Consumers Title
Vavrick Colette D $170,000 Chicago Title Company
Indymac Bank Fsb $205,900 None Available
Romo Juan $374,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mendez Rene Ricardo $0
Open Mendez Rene Ricardo $456,577
Previous Owner Vavrick Colette D $167,785
Previous Owner Romo Juan $298,952
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2021 09/17/21 Sold $465,000 +5.7% $251 / Sq Ft
08/18/2021 08/18/21 Pending -- -- --
08/13/2021 08/13/21 For Sale $439,900 -- $238 / Sq Ft
Source: Greater Antelope Valley Association of REALTORS®

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 $8,262 $493,460 $196,110 $297,350
2024 $8,262 $483,785 $192,265 $291,520
2023 $8,256 $474,300 $188,496 $285,804
2022 $7,910 $465,000 $184,800 $280,200
2021 $4,524 $202,233 $40,443 $161,790
2019 $4,379 $196,238 $39,245 $156,993
2018 $4,307 $192,391 $38,476 $153,915
2016 $4,034 $184,923 $36,983 $147,940
2015 $3,989 $182,146 $36,428 $145,718
2014 $3,944 $178,579 $35,715 $142,864
Source: Public Records

Agents Affiliated with this Home

  • Lori Fischer

    Seller's Agent in 2021

    Lori Fischer

    Coldwell Banker-A Hartwig Co.

    (661) 948-8424

    8 in this area

    162 Total Sales

    Lori Fischer
    Section Image

  • K

    Buyer's Agent in 2021

    Karla Olivan Perez

    Coldwell Banker-A Hartwig Co.

See All Agents

Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 21007372

Greater Antelope Valley Association of REALTORS®

APN: 3051-051-003

California Los Angeles County Palmdale 93552 East Palmdale

5021 Observation Way, Palmdale, CA

This home is located at 5021 Observation Way, Palmdale, CA 93552 since 13 August 2021 and is currently estimated at $555,722, approximately $300 per square foot. This property was built in 2006. 5021 Observation Way is a home located in Los Angeles County with nearby schools including Buena Vista Elementary School, Desert Willow Fine Arts, Science, & Technology Magnet Academy, and Knight High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Antelope Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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