NOT LISTED FOR SALE

7510 Occidental Ave Palermo, CA 95968

Palermo Neighborhood

Estimated Value: $500,000 - $533,000

4 Beds
2.5 Baths
2,408 Sq Ft
$215/Sq Ft Est. Value

Last Sold April 01, 2021

Last sale price $475,000 $197 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,157/month

5 Days on Market

Highlights

  • Fishing
  • Community Lake
  • Cathedral Ceiling
  • 1.04 Acre Lot
  • Wood Burning Stove
  • Granite Countertops

About This Home

As of April 2021

4 bedroom 3 bath home on 1.04 of an acre. Large level usable lot for privacy, farm animals or whatever your hobbies are. This home shows pride of ownership. The kitchen has been updated with a 5 burner gas cooktop, double ovens, granite countertops and a beautiful ledge-stone back slash. The bedrooms are set up with privacy having two one one end of the home and the other two one the other end. The master bedroom is large and spacious the bathroom was recently updated and looks gorgeous. Off the master suite there is a door that leads out to a private sitting area to enjoy your morning coffee in privacy. There is a mini split in the living room for air conditioning. This home is a delight to see from the entry with the koi pond to the back yard with the tree house for the kids. Bring the family and start making some fun memories !
Drone shots are to see the surrounding area. Sq. FT and lot size are taken from county records buyers are advised to verify to satisfy themselves.

Last Agent to Sell the Property

Cindy Peebles

eXp Realty of California Inc License #01178181 Listed on: 02/24/2021

eXp Realty of California Inc

Co-Listed By

Trisha Atehortua

eXp Realty of California Inc License #01894015

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 1.04 Acre Lot
  • Private Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Turnkey
  • Composition Roof

Interior Spaces

  • 2,408 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Wood Burning Stove
  • Laundry Room

Kitchen

  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Outdoor Features

  • Concrete Porch or Patio

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Natural Gas Connected
  • Well
  • Conventional Septic

Listing and Financial Details

  • Legal Lot and Block 1 / 97
  • Assessor Parcel Number 026250031000

Community Details

Overview

  • No Home Owners Association
  • Community Lake
  • Foothills

Recreation

  • Fishing
  • Hiking Trails

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: U
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 026250031000
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2408.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Wood Stove Insert
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 197.26
  • Room Type: Master Bedroom
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Concrete
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Gas Cooktop, Microwave
  • Heating Type: Central, Fireplace(s), Wood Stove
  • Laundry Features: Inside
  • Sewer: Conventional Septic
  • Water Source: Well
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Fishing, Foothills, Hiking, Lake

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 45302.00
  • Lot Size Acres: 1.0400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 45302.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 97
  • Tax Census Tract: 32.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2021
Closed on
Mar 22, 2021
Sold by
King Glen and King Shelly
Bought by
Liu Annie
Seller's Agent
Cindy Peebles
eXp Realty of California Inc
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$450,000
Sold Price
$475,000
Premium/Discount to List
$25,000
5.56%
Current Estimated Value
$517,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,447
Avg. Annual Appreciation
1.80%
Original Mortgage
$356,250
Outstanding Balance
$319,892
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$197,555

Purchase Details

Closed on
Mar 5, 2007
Sold by
Ragans Dennis L
Bought by
King Glen and King Shelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,400
Interest Rate
6.23%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 14, 2002
Sold by
Ragans Thea M
Bought by
Ragans Dennis L

Purchase Details

Closed on
Jul 21, 1998
Sold by
Martin Arbie D
Bought by
Ragans Dennis L and Ragans Thea M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
7.01%
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
Liu Annie $475,000 Bidwell Title & Escrow Co
King Glen $300,000 Mid Valley Title & Escrow Co
Ragans Dennis L -- Bidwell Title & Escrow Co
Ragans Dennis L $80,000 Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Annie $356,250
Previous Owner King Glen $186,400
Previous Owner Ragans Dennis L $76,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2021 04/01/21 Sold $475,000 +5.6% $197 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
02/24/2021 02/24/21 For Sale $450,000 -- $187 / 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
2025 $5,414 $514,154 $135,304 $378,850
2024 $5,414 $504,073 $132,651 $371,422
2023 $5,342 $494,190 $130,050 $364,140
2022 $5,175 $484,500 $127,500 $357,000
2021 $3,905 $371,314 $96,537 $274,777
2020 $3,377 $318,000 $80,000 $238,000
2019 $3,244 $305,000 $80,000 $225,000
2018 $2,773 $260,000 $70,000 $190,000
2017 $2,646 $250,000 $65,000 $185,000
2016 $2,471 $235,000 $50,000 $185,000
2015 $2,416 $235,000 $60,000 $175,000
2014 $2,457 $235,000 $60,000 $175,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OR21037457

California Regional Multiple Listing Service (CRMLS)

APN: 026-250-031-000