NOT LISTED FOR SALE

5029 Observation Way Palmdale, CA 93552

East Palmdale Neighborhood

Estimated Value: $550,644 - $597,000

4 Beds
2.5 Baths
2,250 Sq Ft
$253/Sq Ft Est. Value

Last Sold June 10, 2016

Last sale price $285,000 $127 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $3,564/month

88 Days on Market

Highlights

  • Family Room with Fireplace
  • Lawn
  • Laundry Room
  • Modern Architecture
  • No HOA
  • Wood Siding

About This Home

As of June 2016

With a great location off Pearblossom Highway and close to schools, shopping and an easy route to the freeway for commuting, this spacious Palmdale two-story home offers an elegant lifestyle. Striking diagonally-set tile flooring flows from the entry and throughout the dining and kitchen areas. The formal dining area leads to the kitchen with convenient island/breakfast bar, tile counters and plenty of cabinetry for storage including a large pantry space. The family room features a cozy fireplace and built-in media niche. Upstairs, the oversized master bedroom includes a walk-in closet and master bath with separate garden tub and shower and dual sinks. Three more large bedrooms, another full bath with dual sinks and the laundry room complete the second story. The pool-sized backyard.

Last Agent to Sell the Property

Jesus Arteaga

License #01241608 Listed on: 02/15/2016

Last Buyer's Agent

Lidia Montoya

Realty Executives Platinum

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,543

Year Built

  • Built in 2006

Lot Details

  • 9,583 Sq Ft Lot
  • Lawn
  • Property is zoned PDR17000*

Parking

  • 2 Car Garage

Home Design

  • Modern Architecture
  • Concrete Foundation
  • Tile Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,250 Sq Ft Home
  • Family Room with Fireplace
  • Disposal
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 3051-051-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,543

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Listing Member Name: Jesus Arteaga
  • Listing Office Short Id: 3869
  • Lot Measurement: Acres
  • Open House Office I D: 20150204220430759960000000
  • Prop. Type: Residential
  • Selling Member Short Id: 77043
  • Selling Office Short Id: 2761
  • Sp Percent Lp: 0.99
  • Square Footage: 2250.00
  • Tract Suffix: Way
  • Year Built: 2006
  • Property Sub Type: Single Family Residence
  • R V Access: No
  • Building Stories: 2 Stories
  • Cross Street: Public
  • Building Style: Modern
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.00
  • Appliances: Disposal
  • Half Bathrooms: 1
  • Basement Full Bathrooms: 2
  • Fireplace: Family Room
  • Laundry: Laundry Room

Exterior Features

  • Exterior Construction: Stucco, Wood
  • Roof: Tile
  • Exterior Features: Lawn - Front
  • Pool: None
  • Spa: None
  • Foundation: Concrete Slab

Garage/Parking

  • Garage Spaces: Attached
  • GarageNumberOfGarageSpaces: 2

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Lot Acres: 0.22
  • Zoning: PDR17000*
  • Horse Property: No

Rental Info

  • Pet Deposit: 3%

Tax Info

  • Assessor Parcel Number: 3051-051-004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2016
Closed on
May 17, 2016
Sold by
Luna Cruz Flores
Bought by
Rodriguez Jose Guadalupe Romo and Resendiz Sandra Romero
Seller's Agent
Jesus Arteaga
Buyer's Agent
Lidia Montoya
Realty Executives Platinum
List Price
$289,000
Sold Price
$285,000
Premium/Discount to List
-$4,000
-1.38%
Current Estimated Value
$569,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,411
Avg. Annual Appreciation
7.68%
Original Mortgage
$269,037
Outstanding Balance
$214,172
Interest Rate
3.66%
Mortgage Type
FHA
Estimated Equity
$355,239

Purchase Details

Listed on
Jan 24, 2014
Closed on
Mar 7, 2014
Sold by
Flores Francisca Perez
Bought by
Luna Cruz Flores
Seller's Agent
Marcelo Moran
Marcelo Moran, Broker
Buyer's Agent
Jesus Arteaga
Re/Max One
List Price
$215,000
Sold Price
$220,000
Premium/Discount to List
$5,000
2.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.25%
Original Mortgage
$198,000
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 24, 2014
Closed on
Feb 10, 2014
Sold by
Zendejas Juan and Zendejas Patricia
Bought by
Luna Cruz Flores
Seller's Agent
Marcelo Moran
Marcelo Moran, Broker
Buyer's Agent
Jesus Arteaga
Re/Max One
List Price
$215,000
Sold Price
$220,000
Premium/Discount to List
$5,000
2.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2011
Sold by
The Bank Of New York Mellon
Bought by
Zenjejas Juan and Zendejas Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,563
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 14, 2011
Sold by
Carbajal Ismael
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Sep 23, 2006
Sold by
Carbajal Patricia
Bought by
Carbajal Ismael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,176
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2006
Sold by
Western Pacific Housing Inc
Bought by
Carbajal Ismael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,176
Interest Rate
6.5%
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
Rodriguez Jose Guadalupe Romo $285,000 Usa National Title
Luna Cruz Flores -- None Available
Luna Cruz Flores $220,000 None Available
Zenjejas Juan $175,000 Chicago Title Company
The Bank Of New York Mellon $158,400 Landsafe Title
Carbajal Ismael -- First American Title Co
Carbajal Ismael $371,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Jose Guadalupe Romo $269,037
Previous Owner Luna Cruz Flores $198,000
Previous Owner Zenjejas Juan $170,563
Previous Owner Carbajal Ismael $297,176
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/10/2016 06/10/16 Sold $285,000 -1.4% $127 / Sq Ft
05/13/2016 05/13/16 Pending -- -- --
02/15/2016 02/15/16 For Sale $289,000 +31.4% $128 / Sq Ft
03/14/2014 03/14/14 Sold $220,000 +2.3% $98 / Sq Ft View Prior Sale
02/06/2014 02/06/14 Pending -- -- --
01/24/2014 01/24/14 For Sale $215,000 -- $96 / 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 $6,543 $337,376 $67,473 $269,903
2024 $6,543 $330,761 $66,150 $264,611
2023 $6,474 $324,276 $64,853 $259,423
2022 $6,234 $317,919 $63,582 $254,337
2021 $6,096 $311,686 $62,336 $249,350
2019 $5,896 $302,443 $60,488 $241,955
2018 $5,803 $296,513 $59,302 $237,211
2016 $4,689 $227,816 $45,563 $182,253
2015 $4,640 $224,395 $44,879 $179,516
2014 $4,112 $179,310 $35,862 $143,448
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jesus Arteaga

  • L

    Buyer's Agent in 2016

    Lidia Montoya

    Realty Executives Platinum

  • M

    Seller's Agent in 2014

    Marcelo Moran

    Marcelo Moran, Broker

See All Agents

Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 16001480

Greater Antelope Valley Association of REALTORS®

APN: 3051-051-004

California Los Angeles County Palmdale 93552 East Palmdale

5029 Observation Way, Palmdale, CA

This home is located at 5029 Observation Way, Palmdale, CA 93552 since 15 February 2016 and is currently estimated at $569,411, approximately $253 per square foot. This property was built in 2006. 5029 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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