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507 Palomino Drive

507 Palomino Drive, Santa Rosa, CA 95401
Property in Sonoma
Sold Jun 24, 2019
$462,000
$453,632 by Parkside Lending Llc
Mortgage Due Jul 01, 2049
Sold Jul 02, 2009
$167,000
$133,600 by Flagstar Bank Fsb
Mortgage Due Jul 01, 2039
507 Palomino Drive has been categorized by the local assessors in Santa Rosa, CA as a residential type of property. The building on the property was first built in 1955 and is 69 years old. However, we must point out that the home was most recently renovated and altered in 1965. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 507 Palomino Drive has 914 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 5,662 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a style that we are currently unable to determine.

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 attached garage for those who require parking. The garage measured 486 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of tar and gravel. The exterior walls of the building are made of stucco. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing no heating system and being fueled with nothing. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 507 Palomino Drive sold most recently in Jun 20, 2019 for a total of $462,000. If you work out the math, that's approximately a cost of $330.00 per sqft. Before that, the property was also sold for $167,000 in Jun 13, 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 $5,376 in taxes each year. The initial year of tax delinquency occurred in 2019. 507 Palomino Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $495,355. If we break it down further, the land itself was valued at $198,356. Improvements to the property, however, were assessed at a total of $296,999. 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: 1955
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Other
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Tar and gravel
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 486
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,662
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,400
  • Gross Building Area: 1,400
  • Building Area: 914
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: None
  • Heated Square Feet: 914
  • Heating Fuel Type: None

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SUNNY MANOR SUB
  • Land Acres: 0.13
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: LOT 58 SUNNY MANOR SUB NO 1

Ownership

  • Current Owner : HERMOSILLO FERNANDO
  • Previous Owner : BAKER GRANT W H
  • Owner Before Previous Owner: FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Santa Rosa Elementary School District
  • Census Tract: 153002

Zoning

  • Zoning: CITYSR

Geography

  • Assessors Map Reference: 129-B5
  • Parcel: 010-265-031
  • Lot: 58
  • Latitude: 38.4411
  • Longitude: -122.731

    Address

  • Full Address: 507 Palomino Dr
  • Address - House Number: 507
  • Address - Street Name: Palomino
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Santa Rosa
  • Carrier Code: C076
  • 4-Digit Zip Code: 5407
  • Zip Code: 95401

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,376
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 004002

    Appraisal Valuation

  • Standard Deviation: 0.233
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 67
  • Final Value: 574,813
  • High Value: 708,760
  • Low Value: 440,866

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $530,810
  • First Open Lien Mortgage Lender: PARKSIDE LENDING LLC
  • First Open Lien Mortgage Recording Date: Jun 24, 2019
  • First Open Lien Mortgage Loan Amount: $453,632
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2049
  • Second Open Lien Mortgage Lender: MIDLAND MORTGAGE
  • Second Open Lien Mortgage Recording Date: May 10, 2021
  • Second Open Lien Mortgage Loan Amount: $77,178
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: May 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $495,355
  • Assessed Land Value: $198,356
  • Assessed Improvements Value: $296,999

    Sales

  • Current Sale Contract Date: Jun 20, 2019
  • Current Sale Recording Date: Jun 24, 2019
  • Current Sale Transaction ID: 11622868845
  • Current Sale Price: $462,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2019042340
  • Previous Sale Recording Date: Jul 02, 2009
  • Previous Sale Contract Date: Jun 13, 2009
  • Previous Sale Amount: $167,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARKSIDE LENDING LLC
  • First Mortgage Transaction Date: Jun 24, 2019
  • First Mortgage Loan Amount: $453,632
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: FLAGSTAR BANK FSB
  • Previous Mortgage Transaction Date: Jul 02, 2009
  • Previous Mortgage Loan Amount: $133,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 01, 2039

About Santa Rosa



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Frequently Asked Questions

What neighborhood is 507 Palomino Drive located in?
The 507 Palomino Drive is a located in the neighborhood of Sonoma in Santa Rosa, Santa Rosa.
What is the average sales price for listings in 507 Palomino Drive?
The average sales price for units in 507 Palomino Drive is $0 currently.

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