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5115 Royal Palm Drive

5115 Royal Palm Drive, Fremont, CA 94538
Property in 28 Palms
Sold Dec 05, 2003
$465,000
$548,250 by Quicken Loans Llc
Mortgage Due Jun 01, 2041
Sold Jun 03, 1994
$208,000
$187,200 by Southern California Fsla
Mortgage Due Jun 01, 2024
5115 Royal Palm Drive in Fremont, CA was first built in 1963 and is 61 years old. Although, the building on the property was most recently renovated and altered in 1986. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a style that we are currently unable to determine. It is a single story home. There are a total of 9 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 5115 Royal Palm Drive has 2,031 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,831 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The roof of the home is made of wood shake/ shingles. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as good. The exterior walls of the home are made of stucco. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 5115 Royal Palm Drive sold most recently in Dec 1, 2003 for a total of $465,000. If you work out the math, that's approximately a cost of $228.95 per sqft. Before that, the property was also sold for $208,000 in May 26, 1994. 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 $8,646 in taxes each year. 5115 Royal Palm Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $694,471. If we break it down further, the land itself was valued at $186,890. Improvements to the property, however, were assessed at a total of $514,581. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1963
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Other
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 6,831
  • Total Building Area: 2,031
  • Building Area: 2,031
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,031
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TRACT 2376
  • Land Acres: 0.157
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: LOT: 00004 BLK: 0001 TR: 2376

Ownership

  • Current Owner : CHENG JEFFERY KWAI YIN
  • Previous Owner : EDMONDSON JOHN
  • Previous Owner 2: EDMONDSON SHARON L
  • Owner Before Previous Owner: MAZZORANA LORRAINE RITA
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Fremont Unified School District
  • Census Tract: 442800

Geography

  • Assessors Map Reference: 88-C6
  • Subdivision Tract Number: 2376
  • Parcel: Jan 01, 1970
  • Block: 1
  • Lot: 4
  • Municipality: CITY OF FREMONT
  • Latitude: 37.5329
  • Longitude: -121.997

    Address

  • Full Address: 5115 Royal Palm Dr
  • Address - House Number: 5115
  • Address - Street Name: Royal Palm
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Fremont
  • Carrier Code: C019
  • 4-Digit Zip Code: 1041
  • Zip Code: 94538

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,646
  • Tax Rate Code Area: 12-032

    Appraisal Valuation

  • Standard Deviation: 0.2015
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 72
  • Final Value: 1,113,589
  • High Value: 1,337,991
  • Low Value: 889,187

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $548,250
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Jun 07, 2021
  • First Open Lien Mortgage Loan Amount: $548,250
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2041

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $694,471
  • Assessed Land Value: $186,890
  • Assessed Improvements Value: $514,581

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 01, 2003
  • Current Sale Recording Date: Dec 05, 2003
  • Current Sale Transaction ID: 1020927140
  • Current Sale Price: $465,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2003711097
  • Previous Sale Recording Date: Jun 03, 1994
  • Previous Sale Contract Date: May 26, 1994
  • Previous Sale Amount: $208,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO HOME MORTGAGE INC
  • First Mortgage Transaction Date: Dec 05, 2003
  • First Mortgage Loan Amount: $372,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Dec 01, 2033
  • Second Mortgage Loan Amount: $46,500

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: SOUTHERN CALIFORNIA FSLA
  • Previous Mortgage Transaction Date: Jun 03, 1994
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $187,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jun 01, 2024

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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 5115 Royal Palm Drive located in?
The 5115 Royal Palm Drive is a located in the neighborhood of 28 Palms in Irvington, Fremont.
What is the average sales price for listings in 5115 Royal Palm Drive?
The average sales price for units in 5115 Royal Palm Drive is $0 currently.

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