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3024 Palm Street

3024 Palm Street, San Diego, CA 92104
Property in North Park
Sold Sep 01, 2021
$2,206,000
$1,544,200 by Hsbc Bank Usa
Mortgage Due Sep 01, 2051
Sold Aug 05, 2013
$587,000
$469,600 by Union Bank Na
Mortgage Due Sep 01, 2043
3024 Palm Street has been categorized by the local assessors in San Diego, CA as a residential type of property. The building on the property was first built in 1914 and is 110 years old. However, we must point out that the home was most recently renovated and altered in 1930. The home has a total of 4 bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 3024 Palm Street has 2,162 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,417 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. According to our sources, there are a total of 6 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, 3024 Palm Street sold most recently in Aug 6, 2021 for a total of $2,206,000. If you work out the math, that's approximately a cost of $1,020.35 per sqft. Before that, the property was also sold for $587,000 in Jul 25, 2013. 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 $27,630 in taxes each year. 3024 Palm Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,250,120. If we break it down further, the land itself was valued at $1,734,000. Improvements to the property, however, were assessed at a total of $516,120. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1914
  • Effective Year Built: 1930
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 6

    Dimensions

  • Lot Size Square Feet: 6,417
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,162
  • Building Area: 2,162
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,162
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GURWELL HEIGHTS
  • Land Acres: 0.147
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: BLK 3 LOTS 31 & 32 TR 000992

Ownership

  • Current Owner : DING DAVID
  • Previous Owner : KENSEN LUKE CHANG
  • Previous Owner 2: LUKE CHANG KENSEN REVOCABLE LI
  • Owner Before Previous Owner: HARTMAN RICHARD L
  • Owner Before Previous Owner 2: HARTMAN SANDRA E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: San Diego City Unified School District
  • School Tax School District: SAN DIEGO CITY
  • Census Tract: 004300

Zoning

  • Zoning: RS-1-7

Geography

  • Assessors Map Reference: 000992
  • Subdivision Tract Number: 000992
  • Parcel: 453-602-24-00
  • Block: 3
  • Lot: 31,32
  • Municipality: CITY OF SAN DIEGO
  • Latitude: 32.7359
  • Longitude: -117.129

    Address

  • Full Address: 3024 Palm St
  • Address - House Number: 3024
  • Address - Street Name: Palm
  • Address - Suffix Type: St
  • State: CA
  • City Name: San Diego
  • Carrier Code: C010
  • 4-Digit Zip Code: 5005
  • Zip Code: 92104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $27,630
  • Tax Rate Code Area: 08-001

    Appraisal Valuation

  • Standard Deviation: 0.1658
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 79
  • Final Value: 2,158,667
  • High Value: 2,516,683
  • Low Value: 1,800,652

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,544,200
  • First Open Lien Mortgage Lender: HSBC BANK USA
  • First Open Lien Mortgage Recording Date: Sep 01, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,544,200
  • 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, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,250,120
  • Assessed Land Value: $1,734,000
  • Assessed Improvements Value: $516,120

    Sales

  • Current Sale Contract Date: Aug 06, 2021
  • Current Sale Recording Date: Sep 01, 2021
  • Current Sale Transaction ID: 11853824497
  • Current Sale Price: $2,206,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0621196
  • Previous Sale Recording Date: Aug 05, 2013
  • Previous Sale Contract Date: Jul 25, 2013
  • Previous Sale Amount: $587,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: HSBC BANK USA
  • First Mortgage Transaction Date: Sep 01, 2021
  • First Mortgage Loan Amount: $1,544,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: UNION BANK NA
  • Previous Mortgage Transaction Date: Aug 05, 2013
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $469,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Sep 01, 2043

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Frequently Asked Questions

What neighborhood is 3024 Palm Street located in?
The 3024 Palm Street is a located in the neighborhood of North Park in Western San Diego, San Diego.
What is the average sales price for listings in 3024 Palm Street?
The average sales price for units in 3024 Palm Street is $0 currently.

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