8505 Palm St Lemon Grove, CA 91945
Estimated Value: $645,000 - $772,968
3
Beds
2
Baths
1,359
Sq Ft
$524/Sq Ft
Est. Value
Highlights
- View of Hills
- Covered patio or porch
- Double Pane Windows
- No HOA
- 2 Car Attached Garage
- Walk-In Closet
About This Home
As of January 2024Great investment opportunity with a view! First time on the market in over 30 years. This charming and well cared for home overlooks beautiful rolling hills. Pride of ownership is evident throughout this three bedroom and two bathroom property. Including dual-pane windows with retractable screens and automatic outdoor shutters that roll down creating additional security. There is a permitted Generac 24KW generator installed incase of power outages. Conveniently located near freeways, parks, schools, and shopping centers.
Last Agent to Sell the Property
eXp Realty of California, Inc. License #02118539 Listed on: 01/11/2024
Last Buyer's Agent
Mike Duong
Sequoia Real Estate License #02026101
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,383
Year Built
- Built in 1975
Lot Details
- 7,900 Sq Ft Lot
- Landscaped
- Property is zoned R-1:SINGLE FAM-RES
Parking
- 2 Car Attached Garage
- 2 Open Parking Spaces
Property Views
- Hills
- Neighborhood
Home Design
- Composition Roof
- Stucco
Interior Spaces
- 1,359 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Gas Fireplace
- Double Pane Windows
- Living Room with Fireplace
Kitchen
- Gas Oven
- Gas Range
- Microwave
- Kitchen Island
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
Laundry
- Laundry Room
- Gas Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Accessible Home Design
- Ramp on the main level
Outdoor Features
- Covered patio or porch
- Rain Gutters
Utilities
- Forced Air Heating and Cooling System
- Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- Las Palmas Estates Subdivision
Listing and Financial Details
- Tax Tract Number 7639
- Assessor Parcel Number 5034813900
- $700 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 11, 2024
Closed on
Feb 23, 2024
Sold by
Furlan Frederic
Bought by
Furlan Frederic Emmanuel and Rocha Michelle
Seller's Agent
Sara Morse
eXp Realty of California, Inc.
Buyer's Agent
Mike Duong
Sequoia Real Estate
List Price
$630,000
Sold Price
$641,000
Premium/Discount to List
$11,000
1.75%
Views
474
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,742
Avg. Annual Appreciation
7.25%
Original Mortgage
$512,800
Outstanding Balance
$506,691
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$200,298
Purchase Details
Listed on
Jan 11, 2024
Closed on
Jan 25, 2024
Sold by
1995 Vandivier Family Trust
Bought by
Furlan Frederic
Seller's Agent
Sara Morse
eXp Realty of California, Inc.
Buyer's Agent
Mike Duong
Sequoia Real Estate
List Price
$630,000
Sold Price
$641,000
Premium/Discount to List
$11,000
1.75%
Views
474
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,800
Outstanding Balance
$506,691
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$200,298
Purchase Details
Closed on
Mar 31, 1995
Sold by
Vandivier Venice Calvin and Vandivier Renate Frieda
Bought by
Vandivier Venice Calvin and Vandivier Renate Frieda
Similar Homes in Lemon Grove, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Furlan Frederic Emmanuel | -- | Lawyers Title | |
| Furlan Frederic | $641,000 | Lawyers Title Company | |
| Vandivier Venice Calvin | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Furlan Frederic Emmanuel | $512,800 | |
| Closed | Furlan Frederic | $641,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/25/2024 01/25/24 | Sold | $641,000 | +1.7% | $472 / Sq Ft |
| 01/18/2024 01/18/24 | Pending | -- | -- | -- |
| 01/11/2024 01/11/24 | For Sale | $630,000 | -- | $464 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $8,383 | $641,000 | $420,000 | $221,000 |
| 2023 | $2,169 | $130,667 | $40,163 | $90,504 |
| 2022 | $2,158 | $128,106 | $39,376 | $88,730 |
| 2021 | $2,134 | $125,595 | $38,604 | $86,991 |
| 2020 | $2,102 | $124,309 | $38,209 | $86,100 |
| 2019 | $2,063 | $121,872 | $37,460 | $84,412 |
| 2018 | $2,013 | $119,483 | $36,726 | $82,757 |
| 2017 | $1,977 | $117,141 | $36,006 | $81,135 |
| 2016 | $1,898 | $114,845 | $35,300 | $79,545 |
| 2015 | $1,888 | $113,121 | $34,770 | $78,351 |
| 2014 | $1,823 | $110,906 | $34,089 | $76,817 |
Source: Public Records
Agents Affiliated with this Home
-
Sara Morse
Seller's Agent in 2024
Sara Morse
eXp Realty of California, Inc.
(619) 719-6812
1 in this area
8 Total Sales
-
Mike Duong
Seller Co-Listing Agent in 2024
Mike Duong
eXp Realty of California, Inc
(415) 990-1195
2 in this area
63 Total Sales
-
Seller Co-Listing Agent in 2024
Andrea Payne
Keller Williams Realty
(805) 710-0883
2 in this area
32 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PTP2400210
APN: 503-481-39
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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