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292 Palm Avenue

292 Palm Avenue, Penngrove, CA 94951
Property in Sonoma
Sold Jan 31, 2013
$510,000
$510,000 by Parkside Lending Llc
Mortgage Due Sep 01, 2050
Sold Dec 01, 2009
$400,000
Local assessors in Penngrove, CA have categorized 292 Palm Avenue as a residential type of property. The home was built in 1952 and is 72 years old. The property's lot size has been calculated to be 37,897 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 292 Palm Avenue has a total of 1,716 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 744 sqft. There are 5 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of composition shingle. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's no heating system is the primary heating source and it is being fueled with nothing. 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, 292 Palm Avenue sold most recently in Jan 23, 2013 for a total of $510,000. If you work out the math, that's approximately a cost of $297.20 per sqft. Before that, the property was also sold for $400,000 in Nov 25, 2009. 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 $5,409 in taxes each year. 292 Palm Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $468,702. If we break it down further, the land itself was valued at $222,515. Improvements to the property, however, were assessed at a total of $246,187. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Exterior Walls Type: Wood
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 744
  • Parking Space Count: 5

    Dimensions

  • Lot Size Square Feet: 37,897
  • Total Building Area: 1,716
  • Gross Building Area: 1,716
  • Building Area: 1,716
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: None
  • Heated Square Feet: 1,716
  • Heating Fuel Type: None

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SUBDIVISION #1
  • Land Acres: 0.87
  • Standard Land Use Code: Single family residential
  • Legal Description 1: UNINCORP COUNTY CA

Ownership

  • Current Owner : STERNE SMITH NANCY
  • Current Owner 2: SMITH RICHARD
  • Previous Owner : MARIN LAND DEVELOPMENT COMPANY
  • Owner Before Previous Owner: ROMERO LYDIA K
  • Owner Before Previous Owner 2: VANDERGELD CORY B
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Petaluma City Elementary School District
  • Census Tract: 151205

Zoning

  • Zoning: RR25

Geography

  • Assessors Map Reference: 176-B1
  • Parcel: 047-082-024
  • Latitude: 38.2935
  • Longitude: -122.675

    Address

  • Full Address: 292 Palm Ave
  • Address - House Number: 292
  • Address - Street Name: Palm
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Penngrove
  • Carrier Code: R001
  • 4-Digit Zip Code: 8685
  • Zip Code: 94951

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,409
  • Tax Rate Code Area: 138009

    Appraisal Valuation

  • Standard Deviation: 0.2423
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 66
  • Final Value: 1,073,365
  • High Value: 1,333,473
  • Low Value: 813,257

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $510,000
  • First Open Lien Mortgage Lender: PARKSIDE LENDING LLC
  • First Open Lien Mortgage Recording Date: Aug 20, 2020
  • First Open Lien Mortgage Loan Amount: $510,000
  • 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: Sep 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $468,702
  • Assessed Land Value: $222,515
  • Assessed Improvements Value: $246,187

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 23, 2013
  • Current Sale Recording Date: Jan 31, 2013
  • Current Sale Transaction ID: 1075283006
  • Current Sale Price: $510,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2013010147
  • Previous Sale Recording Date: Dec 01, 2009
  • Previous Sale Contract Date: Nov 25, 2009
  • Previous Sale Amount: $400,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: AKT AMERICAN CAPITAL INC
  • First Mortgage Transaction Date: Jan 31, 2013
  • First Mortgage Loan Amount: $357,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2043

About Penngrove



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Frequently Asked Questions

What neighborhood is 292 Palm Avenue located in?
The 292 Palm Avenue is a located in the neighborhood of Sonoma in Penngrove, Penngrove.
What is the average sales price for listings in 292 Palm Avenue?
The average sales price for units in 292 Palm Avenue is $0 currently.

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