For SaleRisky Deal106 days on market
159 Palermo Dr
159 Palermo Dr, Palmdale, CA 93550, Palmdale, CA 93550
$485,000
Estimate®:$485,700$700 Under Market
Listing Price
159 Palermo Dr, Palmdale, CA 93550
Loc: Palmdale, CA
Days Listed
106
Tax Assessed
$192k
Estimate®
$486k
0% Under Valued
Lot Size
5.17 acres
Rent Estimate
$3,372/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
4
Summerwind Elementary School
K-5
2.2 mi away
2
David G. Millen Intermediate
6-8
2.8 mi away
4
Highland High School
9-12
3.2 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
stucco exteriortwo-storysuburbanattached garagetile roofdesert landscapingdecorative shutterscovered entrywaysingle-family hometan finishwell-maintainedcurb appealneutral color palette
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.53%
Total ROI
79.0%
Cash Flow
$-283/mo
DSCR
0.89
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-283/mo net cash flow with a 5.5% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.5%)
- • Strong rental demand in Palmdale
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-09 | Price change | $485,000 | $246 |
| 2026-08-08 | Price change | $497,000 | $252 |
| 2026-06-10 | Listed for sale | $504,990 | $256 |
| 2019-08-01 | Sold | $300,000 | $152 |
| 2015-04-29 | Listing removed | $1,500 | $1 |
| 2015-04-12 | Price change | $1,500 | $1 |
| 2015-03-25 | Listed for rent | $1,600 | $1 |
| 2011-12-16 | Sold | $150,000 | $76 |
| 2001-08-31 | Sold | $159,000 | $81 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $192,163 |
| 2025 | $4,388.51 | $188,396 |
| 2024 | $4,166.14 | $184,703 |
| 2023 | $4,091.26 | $181,082 |
| 2022 | $3,973.15 | $309,168 |
| 2021 | $5,448.23 | $303,107 |
| 2020 | $3,925.18 | $172,269 |
| 2019 | $3,925.18 | $168,892 |
| 2018 | $3,800.49 | $165,581 |
| 2017 | $3,800.49 | $162,335 |
| 2016 | $3,762.89 | $159,153 |
| 2015 | $3,794.78 | $156,763 |
| 2014 | $3,734.68 | $153,693 |
| 2012 | $0 | $150,000 |
| 2011 | $0 | $142,000 |
| 2010 | $0 | $142,000 |
| 2009 | $0 | $181,939 |
| 2008 | $0 | $178,372 |
| 2007 | $0 | $174,875 |
| 2006 | $0 | $171,447 |
| 2005 | $0 | $171,447 |
| 2004 | $0 | $164,791 |
| 2003 | $0 | $161,772 |
| 2002 | $0 | $158,600 |
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