3124 Margate Place

Local assessors in Palmdale, CA have categorized 3124 Margate Place as a residential type of property. The home was built in 1994 and is 30 years old. The property's lot size has been calculated to be 7,361 square feet. The linear feet between the front and back of the lot was measured at 1,060 ft and the front of the lot was measured at 680 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 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 are 2 full bathrooms. There are also 2 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 3124 Margate Place has a total of 1,695 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. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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 - A. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. The property was last sold in Feb 6, 2021 for $477,500. That's $281.71 per sqft. Prior to that sales transaction, the property was also sold in Apr 28, 1995 for $120,000. 3124 Margate Place was last assessed in 2023. The total value of the property was assessed at $496,790. Specifically, the land the property is located on was valued at $195,283. While improvements on the property were assessed at a total of $301,507. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $7,191. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.