Check Availability

1022 Palm Avenue

1022 Palm Avenue, Seaside, CA 93955
Property in Terrace
Sold Mar 28, 1997
$118,000
Sold Dec 23, 1994
$89,000
$90,780 by American City Mtg
Mortgage
1022 Palm Avenue in Seaside, CA was first built in 1948 and is 76 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown. It is a single story home. There are a total of 6 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1022 Palm Avenue has 800 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,500 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. The garage is 240 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of stucco. As for heating, the home is utilizing floor/wall heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1022 Palm Avenue sold most recently in Mar 21, 1997 for a total of $118,000. If you work out the math, that's approximately a cost of $147.50 per sqft. Before that, the property was also sold for $89,000 in Nov 7, 1994. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,979 in taxes each year. 1022 Palm Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $184,698. If we break it down further, the land itself was valued at $101,742. Improvements to the property, however, were assessed at a total of $82,956. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,500
  • Total Building Area: 800
  • Gross Building Area: 800
  • Building Area: 800
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 800
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SUNSHINE PARK
  • Land Acres: 0.149
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUNSHINE PARK TRACT NO 115 LOT 1 BLK 4

Ownership

  • Current Owner : PEI LIN WAI SI
  • Current Owner 2: PEI JIAN ZENG
  • Previous Owner : BACON EUGENE
  • Previous Owner 2: BACON TAMI J
  • Owner Before Previous Owner: COAST FEDERAL BANK
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Monterey Peninsula Unified School District
  • Census Tract: 013700

Zoning

  • Zoning: R1

Geography

  • Subdivision Tract Number: 115
  • Parcel: 012-183-005-000
  • Block: 4
  • Lot: 1
  • Latitude: 36.6082
  • Longitude: -121.845

    Address

  • Full Address: 1022 Palm Ave
  • Address - House Number: 1022
  • Address - Street Name: Palm
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Seaside
  • Carrier Code: C002
  • 4-Digit Zip Code: 4914
  • Zip Code: 93955

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,979
  • Tax Rate Code Area: 010-023

    Appraisal Valuation

  • Standard Deviation: 0.2276
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 68
  • Final Value: 599,708
  • High Value: 736,231
  • Low Value: 463,186

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $184,698
  • Assessed Land Value: $101,742
  • Assessed Improvements Value: $82,956

    Sales

  • Current Sale Contract Date: Mar 21, 1997
  • Current Sale Recording Date: Mar 28, 1997
  • Current Sale Transaction ID: 1042846639
  • Current Sale Price: $118,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 17639
  • Previous Sale Recording Date: Dec 23, 1994
  • Previous Sale Contract Date: Nov 07, 1994
  • Previous Sale Amount: $89,000
  • Previous Sale Document Type: Corporation Deed

    Last Sale Mortgage

  • First Mortgage Lender: WEYERHAEUSER MTG
  • First Mortgage Transaction Date: Mar 28, 1997
  • First Mortgage Loan Amount: $94,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Apr 01, 2027

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN CITY MTG
  • Previous Mortgage Transaction Date: Dec 23, 1994
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $90,780
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA

About Terrace



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1022 Palm Avenue located in?
The 1022 Palm Avenue is a located in the neighborhood of Terrace in Terrace, Seaside.
What is the average sales price for listings in 1022 Palm Avenue?
The average sales price for units in 1022 Palm Avenue is $0 currently.

Quantcast