See Home Value
Palmdale 93552
5231 Essex Drive
$432,000 - $526,000
House - Off Market

5231 Essex Drive

Palmdale, CA 93552
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1712 Sqft
Sold Aug 29, 2023
$394,000
$315,200 by Bank Of The West
Mortgage
Sold Jun 06, 2016
$260,000
$255,290 by Motive Lending
Mortgage Due Jul 01, 2046

About This Property

Welcome to this four-bedroom, three-bath home offering tons of potential! Perfect buyers scenario looking to update to their own liking.  Not your typical as is opportunity here since this home has some good features already in place.  Open functional floorplan featuring a family room-dining room combo, living room and open kitchen!  Looks like there was extensive electrical work done as evident by all the up to date switches, outlets, updated TV wiring, speaker system throughout the home including upstairs and recess lighting throughout as well!  Windows are not original, they were replaced at some point and look in good condition.  Upstairs features vinyl grey tone flooring throughout the hallway and four bedrooms.  Upstairs hallway bath was most likely being redone as evident by the newer vanity.  Good size primary suite with high ceilings and speaker system.  Primary bath connected to the primary suite offers a dual sinks and a walk in closet.  Good size backyard featuring all hardscape, block walls, storage shed and ample space on one side to fit a smaller recreational vehicle. Newer artificial turf in the front yard and a long driveway!  Once again not your typical as is property here. Some paint, flooring and other cosmetic details and you have a gem in the making.  Located near schools, shopping, water park and restaurants.  A rare offering with tons of opportunity/potential waiting.

The manager has listed the unit size as 1712 square feet.
Unit Size
1,712Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$280
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1998

Price History

Date / Event Date Event Price
Dec 23, 2023 No longer available -
No longer available
Dec 17, 2023 In contract -
In contract
Dec 10, 2023 Relisted $479,900
Relisted
Nov 7, 2023 In contract -
In contract
Sep 15, 2023 Listed $479,900
Listed
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: A
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,702
  • Total Building Area: 1,712
  • Building Area: 1,712
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,712
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 46854
  • Land Acres: 0.131
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TR=46854 LOT 6

Ownership

  • Current Owner : BRECKENRIDGE PROPERTY FUND 201
  • Previous Owner : BARRERA OSWALDO A
  • Owner Before Previous Owner: SFR INVESTMENTS SOCAL P LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Antelope Valley Union Joint High School District
  • Census Tract: 910706

Zoning

  • Zoning: LCA11*

Geography

  • Subdivision Tract Number: 46854
  • Parcel: 3051-038-006
  • Lot: 6
  • Municipality: LANCASTER /PEARLAND
  • Latitude: 34.5535
  • Longitude: -118.035

    Address

  • Full Address: 5231 Essex Dr
  • Address - House Number: 5231
  • Address - Street Name: Essex
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Palmdale
  • Carrier Code: C050
  • 4-Digit Zip Code: 5438
  • Zip Code: 93552

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,406
  • Tax Rate Code Area: 07-302

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 96
  • Final Value: 480,944
  • High Value: 513,534
  • Low Value: 448,354

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $315,200
  • First Open Lien Mortgage Lender: BANK OF THE WEST
  • First Open Lien Mortgage Recording Date: Sep 12, 2023
  • First Open Lien Mortgage Loan Amount: $315,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $295,831
  • Assessed Land Value: $59,165
  • Assessed Improvements Value: $236,666

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 15, 2023
  • Current Sale Recording Date: Aug 29, 2023
  • Current Sale Transaction ID: 11911712559
  • Current Sale Price: $394,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 574150
  • Previous Sale Recording Date: Jun 06, 2016
  • Previous Sale Contract Date: May 03, 2016
  • Previous Sale Amount: $260,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: MOTIVE LENDING
  • Previous Mortgage Transaction Date: Jun 06, 2016
  • Previous Mortgage Loan Amount: $255,290
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2046



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2 Baths
1,750 ft²
$280/ft²
$489,500 Dec 19, 2021
-
-
House
4 Beds
2 Baths
1,327 ft²
$338/ft²
$449,000 Oct 25, 2023
-
-
House
4 Beds
2 Baths
1,327 ft²
$347/ft²
$459,990 Oct 25, 2023
-
-
House
4 Beds
2.5 Baths
2,369 ft²
$177/ft²
$420,000 Nov 29, 2023
-
-
House
5 Beds
2 Baths
1,706 ft²
$281/ft²
$480,000 Sep 7, 2023
-
-
House
4 Beds
3 Baths
2,513 ft²
$218/ft²
$548,950 Mar 30, 2023
-
-
House
3 Beds
2 Baths
1,528 ft²
$301/ft²
$459,900 Nov 4, 2023
-
-
House
3 Beds
2 Baths
1,528 ft²
$281/ft²
$429,900 Dec 15, 2023
-
-
House
4 Beds
2.5 Baths
2,678 ft²
$198/ft²
$530,000 Sep 14, 2023
-
-
House
3 Beds
2 Baths
1,189 ft²
$369/ft²
$439,000 Oct 20, 2023
-
-
House
3 Beds
2 Baths
1,189 ft²
$378/ft²
$450,000 Oct 4, 2023
-
-
House
3 Beds
2 Baths
1,127 ft²
$368/ft²
$415,000 Dec 16, 2023
-
-

About Palmdale


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Frequently Asked Questions

When was property at 5231 Essex Drive built and last sold?
The property at 5231 Essex Drive was built in 1998 and last sold on Aug 15, 2023 for $394,000.
How much is this home worth?
The estimated value of the home located at 5231 Essex Drive is $482,746.
What are some comparable homes to 5231 Essex Drive?
Homes that are comparable to 5231 Essex Drive include a house property at 36920 Charter Court, 37516 Royal Court, 5135 Cisero Drive.

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