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2720 Palmetto Drive

2720 Palmetto Drive, Carlsbad, CA 92009
Property in Bressi Ranch
Sold May 20, 2021
$1,500,000
$1,200,000 by Us Bank Na
Mortgage Due Jun 01, 2051
Sold May 13, 2005
$770,000
$350,000 by Universal American Mortgage Co
Mortgage Due Jun 01, 2035
2720 Palmetto Drive in Carlsbad, CA was first built in 2005 and is 19 years old. This has been categorized as a residential property type. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 2720 Palmetto Drive has 2,607 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 6,567 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. There are a total of 2 available parking spaces. 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, 2720 Palmetto Drive sold most recently in Apr 22, 2021 for a total of $1,500,000. If you work out the math, that's approximately a cost of $575.37 per sqft. Before that, the property was also sold for $770,000 in May 5, 2005. 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 $18,701 in taxes each year. 2720 Palmetto Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,560,600. If we break it down further, the land itself was valued at $1,154,844. Improvements to the property, however, were assessed at a total of $405,756. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,567
  • Total Building Area: 2,607
  • Building Area: 2,607
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,607
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CARLSBAD COURT
  • Land Acres: 0.151
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: LOT 443 TR 014779

Ownership

  • Current Owner : WALTERS ROBERT JAMES
  • Current Owner 2: WALTERS MARY KATHERINE
  • Previous Owner : LEE SOO IN
  • Previous Owner 2: LEE HYO RAE
  • Owner Before Previous Owner: GREYSTONE HOMES INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants
  • Owner Generation Identifier: III

Neighborhood

  • School District Name: Carlsbad Unified School District
  • School Tax School District: CARLSBAD CITY
  • Census Tract: 020030

Zoning

  • Zoning: P-C

Geography

  • Assessors Map Reference: 014779
  • Subdivision Tract Number: 014779
  • Parcel: 213-180-19-00
  • Lot: 443
  • Municipality: CITY OF CARLSBAD
  • Latitude: 33.1202
  • Longitude: -117.253

    Address

  • Full Address: 2720 Palmetto Dr
  • Address - House Number: 2720
  • Address - Street Name: Palmetto
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Carlsbad
  • Carrier Code: C038
  • 4-Digit Zip Code: 3081
  • Zip Code: 92009

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $18,701
  • Tax Rate Code Area: 09-199

    Appraisal Valuation

  • Standard Deviation: 0.1533
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 81
  • Final Value: 1,922,430
  • High Value: 2,217,148
  • Low Value: 1,627,712

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,200,000
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: May 20, 2021
  • First Open Lien Mortgage Loan Amount: $1,200,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,560,600
  • Assessed Land Value: $1,154,844
  • Assessed Improvements Value: $405,756

    Sales

  • Current Sale Contract Date: Apr 22, 2021
  • Current Sale Recording Date: May 20, 2021
  • Current Sale Transaction ID: 11836131261
  • Current Sale Price: $1,500,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0384931
  • Previous Sale Recording Date: May 13, 2005
  • Previous Sale Contract Date: May 05, 2005
  • Previous Sale Amount: $770,000
  • Previous Sale Document Type: Corporation Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: May 20, 2021
  • First Mortgage Loan Amount: $1,200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: UNIVERSAL AMERICAN MORTGAGE CO
  • Previous Mortgage Transaction Date: May 13, 2005
  • Previous Mortgage Loan Amount: $350,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Jun 01, 2035

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Frequently Asked Questions

What neighborhood is 2720 Palmetto Drive located in?
The 2720 Palmetto Drive is a located in the neighborhood of Bressi Ranch in Carlsbad, Carlsbad.
What is the average sales price for listings in 2720 Palmetto Drive?
The average sales price for units in 2720 Palmetto Drive is $0 currently.

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