NOT LISTED FOR SALE

5165 Palma Ave Atascadero, CA 93422

Estimated Value: $574,000 - $766,000

2 Beds
2 Baths
1,604 Sq Ft
$414/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $485,000 $302 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,100/month

6 Days on Market

Highlights

  • Golf Course Community
  • Craftsman Architecture
  • Property is near public transit
  • Fishing
  • Community Lake
  • Wood Flooring

About This Home

As of November 2020

CONTRACTOR or INVESTOR'S SPECIAL! Historic Colony home with adjacent legal lot being sold together - Zoning is residential multi-family for extra value! Craftsman styled home was built in 1922 and lovingly maintained by it's longtime owner. This charming home has hardwood flooring, original fireplace with insert and original built-in shelving. Built-in hutches in the dining room and original storage cabinets too! This house is truly a peach and it retains it's original character but it also has updated hall bathroom, separate laundry room, and a master bedroom with walk-in closet and master bath. Roof is still under warranty and forced-air heat is newer too! The home also has an enclosed porch and several alcoves that would be perfect for an office. Basement is located off the laundry room, great for storage or perhaps wine storage, anyone? Easy walking distance to downtown and public transit. Nice neighborhood with many historic homes. Adjoining lot is very buildable and utilities are in street, including sewer service. Zoned for apartments, condos or PUDs. Buyer can rent out the home and build on the lot or live in the home and keep the extra lot for privacy. Home is older and likely will not go VA of FHA. Seller prefers to sell home AS IS. Check it out!

Last Agent to Sell the Property

Roberta Fonzi

Century 21 Hometown Realty, Atascadero Office License #01329645 Listed on: 10/24/2020

Last Buyer's Agent

Roberta Fonzi

Century 21 Hometown Realty, Atascadero Office License #01329645 Listed on: 10/24/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,412

Year Built

  • Built in 1922

Lot Details

  • 0.52 Acre Lot
  • Partially Fenced Property
  • Density is 6-10 Units/Acre
  • 029301047
  • Property is zoned MF10

Home Design

  • Craftsman Architecture
  • Fixer Upper
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,604 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Room
  • Neighborhood Views
  • Fire and Smoke Detector
  • Unfinished Basement

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • Garage
  • Parking Available
  • Rear-Facing Garage
  • Driveway Up Slope From Street
  • Parking Lot

Outdoor Features

  • Patio
  • Front Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Natural Gas Connected
  • Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Ramp on the main level
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 24 / QA
  • Assessor Parcel Number 029301048

Community Details

Overview

  • No Home Owners Association
  • Atnortheast Subdivision
  • Community Lake
  • Foothills

Recreation

  • Golf Course Community
  • Fishing
  • Park
  • Dog Park
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,412

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Refrigerator, dishwasher.
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • Subdivision Name Other: ATNortheast(10)
  • View: Yes
  • Zoning: MF10
  • Architectural Style: Craftsman
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 029301048
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1604.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Entry Location: Back door
  • Common Walls: No Common Walls
  • Flooring: Vinyl, Wood
  • Accessibility Features: Ramp - Main Level
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 302.37
  • Room Type: Basement, Laundry, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom
  • Bathroom Features: Bathtub, Shower
  • Basement: Unfinished

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Partial
  • Patio And Porch Features: Front Porch
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Paved, Driveway Up Slope From Street, Garage Faces Rear, Parking Space

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Refrigerator, Water Heater
  • Heating Type: Forced Air, Fireplace(s)
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s), Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Dog Park, Fishing, Foothills, Golf, Hiking, Lake, Park

Schools

  • School District: Atascadero Unified

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 029301047
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Near Public Transit
  • Lot Size: .522 acre (with both lots combined)
  • Lot Size Sq Ft: 22738.32
  • Lot Size Acres: 0.5220

Multi Family

  • Lease Considered: No
  • Lot Size Area: 0.5220 Acres
  • Number Of Units Total: 1

Tax Info

  • Tax Block: QA
  • Tax Census Tract: 125.05
  • Tax Lot: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2020
Closed on
Dec 15, 2020
Sold by
Hawkins Michael J and Michael Hawkins Revocable Trus
Bought by
Pahler Steven J and Pahler Lisa C
Seller's Agent
Roberta Fonzi
Century 21 Hometown Realty, Atascadero Office
Buyer's Agent
Roberta Fonzi
Century 21 Hometown Realty, Atascadero Office
List Price
$529,000
Sold Price
$485,000
Premium/Discount to List
-$44,000
-8.32%
Total Days on Market
6
Current Estimated Value
$664,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,712
Avg. Annual Appreciation
7.01%
Original Mortgage
$335,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 24, 2020
Closed on
Nov 6, 2020
Sold by
Bennyworth Margaret Anne and Bennyworth William H
Bought by
Hawkins Michael J and The Michael Hawkins Revocable
Seller's Agent
Roberta Fonzi
Century 21 Hometown Realty, Atascadero Office
Buyer's Agent
Roberta Fonzi
Century 21 Hometown Realty, Atascadero Office
List Price
$529,000
Sold Price
$485,000
Premium/Discount to List
-$44,000
-8.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 27, 2009
Sold by
Bennyworth William H and Bennyworth Margaret Anne
Bought by
Bennyworth William H and Bennyworth Margaret Anne
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 Buyer Sale Price Title Company
Pahler Steven J $510,000 Fidelity National Title Co
Hawkins Michael J $300,000 Fidelity National Title Co
Bennyworth William H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liv Steven J $415,000
Previous Owner Pahler Steven J $335,000
Previous Owner Hawkins Michael J $250,000
Previous Owner Bennyworth William H $73,702
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2020 11/24/20 Sold $485,000 -8.3% $302 / Sq Ft
10/30/2020 10/30/20 Pending -- -- --
10/24/2020 10/24/20 For Sale $529,000 -- $330 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2024 $4,412 $344,892 $212,241 $132,651
2023 $4,411 $338,130 $208,080 $130,050
2022 $4,271 $331,500 $204,000 $127,500
2021 $4,026 $300,000 $150,000 $150,000
2020 $2,099 $160,742 $69,990 $90,752
2019 $2,004 $157,591 $68,618 $88,973
2018 $1,928 $154,502 $67,273 $87,229
2017 $1,893 $151,473 $65,954 $85,519
2016 $1,859 $148,504 $64,661 $83,843
2015 $1,833 $146,274 $63,690 $82,584
2014 $1,694 $143,410 $62,443 $80,967
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NS20225238

California Regional Multiple Listing Service (CRMLS)

APN: 029-301-048