$550,000
SOLD AUG 26, 2025

505 Palm Ave National City, CA 91950

2 Beds
1 Bath
660 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$833 Per Sq Ft

4% Below List Price

47 Days on Market

Highlights

  • Cottage
  • 1-Story Property
  • Gated Home

About This Home

As of August 2025

2-bedroom, 1-bathroom 660 sq ft fixer home nestled on a spacious 8,347 sq ft lot with R-4 zoning. Perfectly suited for savvy investors, this property offers ample space and zoning potential to expand, allowing for the addition of multiple ADUs. Ideal for buy-and-hold strategies or new construction projects. Its strategic location and zoning flexibility make it a rare find for investors seeking long-term growth opportunities. Don't miss out on this incredible investment opportunity.

Last Agent to Sell the Property

Troy Williams

Jason Mitchell Real Estate CA License #01387851 Listed on: 06/18/2025

Jason Mitchell Real Estate CA

Co-Listed By

Bruce Palizban

Jason Mitchell Real Estate CA License #01807369

Last Buyer's Agent

Bianca Rzeslawski

Compass License #01779107

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,516

Year Built

  • Built in 1942

Lot Details

  • Gated Home
  • Property is Fully Fenced
  • Property is zoned R-4

Home Design

  • Cottage
  • Asphalt Roof

Interior Spaces

  • 2 Bedrooms
  • 1-Story Property

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,516

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Cottage
  • Year Built: 1942
  • Unit Levels: 1 Story
  • Property Sub Type: Detached
  • Co List Office Mls Id: 990104
  • Co List Office Mls Id: 990104
  • Subdivision Name: NATIONAL CITY
  • Ownership: Fee Simple
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 2
  • Appliances: Gas Oven, Gas Stove
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Stories: 1

Exterior Features

  • Fencing: Full, Gate
  • Roof: Asphalt
  • Construction Type: Wood

Garage/Parking

  • Parking Features: None Known

Utilities

  • Cooling: N/K
  • Heating: N/K
  • Sewer: Sewer Connected
  • Laundry Features: Electric, Gas
  • Water Source: Available, Meter on Property

Lot Info

  • Zoning: R-4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2025
Closed on
Aug 11, 2025
Sold by
Edith Felix Natividad Living Trust and Natividad Edith Felix
Bought by
Arguello Minerva Pulido
Seller's Agent
Troy Williams
Jason Mitchell Real Estate CA
Buyer's Agent
Bianca Rzeslawski
Compass
List Price
$575,000
Sold Price
$550,000
Premium/Discount to List
-$25,000
-4.35%
Views
160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
116.56%

Purchase Details

Closed on
Feb 11, 2016
Sold by
Natividad Edith F
Bought by
Natividad Edith Felix

Purchase Details

Closed on
Nov 8, 2000
Sold by
Rick Duran
Bought by
Natividad Edith F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,500
Interest Rate
7.86%

Purchase Details

Closed on
May 17, 1995
Sold by
Lloyd M Evelyn and Lloyd Harold
Bought by
Duran Rick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,800
Interest Rate
8.32%
Mortgage Type
Assumption
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Grant Deed $550,000 Ticor Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $110,000 Lawyers Title Company
Personal Reps Deed $90,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $219,000 Unknown
Previous Owner $143,000 Negative Amortization
Previous Owner $93,500 No Value Available
Previous Owner $91,800 Assumption
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2025 08/26/25 Sold $550,000 -4.3% $833 / Sq Ft
08/05/2025 08/05/25 Pending -- -- --
06/18/2025 06/18/25 For Sale $575,000 -- $871 / Sq Ft
Source: San Diego 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
2025 $2,516 $165,728 $119,770 $45,958
2024 $2,516 $162,479 $117,422 $45,057
2023 $2,486 $159,294 $115,120 $44,174
2022 $2,478 $156,171 $112,863 $43,308
2021 $2,351 $153,109 $110,650 $42,459
2020 $2,225 $151,540 $109,516 $42,024
2019 $2,177 $148,569 $107,369 $41,200
2018 $2,108 $145,657 $105,264 $40,393
2017 $2,042 $142,801 $103,200 $39,601
2016 $1,997 $140,002 $101,177 $38,825
2015 $1,978 $137,900 $99,658 $38,242
2014 $1,906 $135,199 $97,706 $37,493
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 250030944

San Diego MLS

APN: 557-030-09