NOT LISTED FOR SALE

5561 Palm Dr Hawthorne, CA 90250

Estimated Value: $1,575,597 - $1,813,000

4 Beds
2.5 Baths
2,587 Sq Ft
$648/Sq Ft Est. Value

Last Sold September 09, 2016

Last sale price $1,151,000 $445 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $10,396/month

47 Days on Market

Highlights

  • In Ground Pool
  • City View
  • Loft
  • Del Aire Elementary School Rated A
  • Contemporary Architecture
  • Laundry Room

About This Home

As of September 2016

Nestled in the vibrant neighborhood of threesixty, just outside LAX - this chic residence offers 4 spacious bedrooms and 2.5 baths. Stay cool in the South Bay summer sun with central A/C and stylish tile flooring. The abundant windows and partially covered roof terrace soak the home in natural light. The contemporary kitchen features sleek subway tiling surrounding plentiful counter space. The center island doubles as bar top seating while the chandelier in the dining room will accent your table arrangement with elegance. Relish in the spacious full bathrooms, both offering large showers and double vanities with cabinet storage. The Terraces residences are a unique listing for the Palm Drive area, located inside private gates. Lifestyle amenities include multiple pools and spas, playgrounds, a dog park and gardens. Part of the award-winning Wiseburn School District. This home will not be available long, make sure you see it today!

Last Agent to Sell the Property

Penny Muck

Pardee Properties License #01820065 Listed on: 06/22/2016

Co-Listed By

Tamra Pardee

Pardee Properties License #01421451

Last Buyer's Agent

Debbie Taylor

License #01778726

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2014

Lot Details

  • 3,400 Sq Ft Lot
  • Property is zoned ESCM*

HOA Fees

  • $160 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,587 Sq Ft Home
  • Loft
  • City Views
  • Dishwasher
  • Laundry Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Pool

  • In Ground Pool
  • Spa

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4145-047-060

Community Details

Overview

  • Built by William Lyon Homes

Recreation

  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Year Built

Built in 2014

Lot Details

0

HOA Fees

$160 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Builder Name: William Lyon Homes
  • Complex Name: Threesixty at South Bay
  • Living Area: 2587
  • Year Built: 2014
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Carpet, Tile
  • Bedrooms: 4
  • Full Bathroom: 2
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Room
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher
  • Price Per S Q F T: 461.93

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Community
  • Pool: Yes
  • Spa: Community
  • Spa Yn: Yes
  • View: City
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 160.00

Lot Info

  • Assessor Parcel Number: 4145-047-060
  • Geocode Override: No
  • Lot Size Area: 3400

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2016
Closed on
Aug 23, 2016
Sold by
Deibarra Adelaida
Bought by
Dolan Michael Edward and Dolan Irina
Seller's Agent
Penny Muck
Pardee Properties
Buyer's Agent
Debbie Taylor
List Price
$1,195,000
Sold Price
$1,151,000
Premium/Discount to List
-$44,000
-3.68%
Current Estimated Value
$1,675,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$524,149
Avg. Annual Appreciation
4.10%
Original Mortgage
$620,000
Outstanding Balance
$494,688
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$1,180,461
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
Dolan Michael Edward $1,151,000 Title365 Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dolan Michael Edward $620,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2016 09/09/16 Sold $1,151,000 -3.7% $445 / Sq Ft
07/16/2016 07/16/16 For Sale $1,195,000 +3.8% $462 / Sq Ft
07/15/2016 07/15/16 Off Market $1,151,000 -- --
07/07/2016 07/07/16 Price Changed $1,195,000 -4.2% $462 / Sq Ft
06/22/2016 06/22/16 For Sale $1,247,500 -- $482 / Sq Ft
Source: The 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 $17,829 $1,335,828 $661,531 $674,297
2024 $17,829 $1,309,636 $648,560 $661,076
2023 $17,269 $1,283,958 $635,844 $648,114
2022 $17,064 $1,258,783 $623,377 $635,406
2021 $16,620 $1,234,102 $611,154 $622,948
2019 $17,230 $1,197,500 $593,028 $604,472
2018 $16,921 $1,174,020 $581,400 $592,620
2016 $13,434 $867,023 $416,252 $450,771
2015 $13,601 $854,000 $410,000 $444,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-137576

The MLS

APN: 4145-047-060