2942 Palm Cres, Abbotsford, BC, MLS® R3030838

$1,574,000
Est. Mortgage /mo

$1,574,000
$1,649,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
4 Beds
3 Baths
2 Stories
lot 11282 sqft
2989 sqft
1970 built
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Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

2942 Palm Cres, Abbotsford, BC | MLS® R3030838 Property Details

This 11,282 sqft. property, zoned RS3-i lot in Central Abbotsford offers a rare opportunity to subdivide into 3 x 300m² lots. Rezoning and development permit have already reached 3rd reading, civil drawings are submitted, and PLA is in hand, pay the remaining fees, and you're ready to move forward with the project. In the meantime, enjoy a beautifully renovated 4-bed, 3-bath family home with bright open-concept main floor, modern kitchen, and a convenient laundry room w/adjacent mudroom, ideal for busy families. Downstairs is fully finished with 2 more bedrooms, a rec room, flex space/gym. The massive, park-like backyard includes, in-ground sprinkler, sports court, and hot tub, perfect for entertaining or unwinding. Live now, develop later!!!

General Info

Price $1,574,000
Total Bedrooms 4
Total Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 2989
Lot Size 11282
Lot Size Depth Feet
Lot Size Frontage 118.4
Basement Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1970
Age Of Building 55
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow w/Bsmt.
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3030838
Area Abbotsford
Neighbourhood Central Abbotsford
City Abbotsford
Gross Taxes $5,637.98
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 2
Heating Type Forced Air, Heat Pump, Natural Gas
Cooling Air Conditioning

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Double, Open
Total Parking Spaces 5

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Strata Restrictions -
Rental Restrictions -
Zoning RS3-I
Rental Suites -
# of Kitchens 1
Flooring Mixed
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Exterior Features Private Yard
Sewer Public Sewer, Sanitary Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: Top Producers Realty Ltd.

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood Info

Public Schools

Middle
Colleen and Gordie Howe Middle School
0.79 km
Elementary
Ten Broeck Elementary School
Average
0.63 km
5.2/10
Secondary
W J Mouat Secondary School
1.32 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
St James
1.11 km
Secondary
St. John Brebeuf
1.13 km

Closest Transit

Abbotsford
Old Yale at Sunnyside (EB)
0.34 km
Skytrain
West Coast Express @ Mission City Station
9.22 km

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

2942 Palm Crescent is serviced by Ten Broeck Elementary School. The property with listing MLS® R3030838 is located 0.63 km from the school. Ten Broeck Elementary School has a rating of Rating 5.2/10.

The closest Elementary independent school to this home for sale located at 2942 Palm Crescent is St James with School's rating No Rating, located 1.11 km from this home.

The closest to this address 2942 Palm Crescent Secondary independent school is St. John Brebeuf with School's rating No Rating, located 1.13 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 8,915 volation disturbances in this neighbourhood. The overall crime rate near the address - 2942 Palm Crescent, Abbotsford, BC is 5,513.02. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Below Average rate in 2020. Year by year change in the total crime rate is -14.54%

Drug crime rate next to the listing MLS® R3030838 is Low comparing to other neighbourhoods. The illegal substances offences rating is 91.52. There were 148 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 23.98%

Property crimes in the neighbourhood close to real estate listing for sale 2942 Palm Crescent are Average. Property misconduct rating adjacent to MLS® R3030838 is 3,290.50. There were 5,321 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -24.59%

There were 2,027 violent lawbreaking disorders in 2020. 1,253.49 and it is Below Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is 6.46%

The closest Bus station is Old Yale at Sunnyside (EB) in 0.34 km away from this listing with - MLS® R3030838.

13.1% of people with university certificate/degree live in this neighbourhood adjacent to the 2942 Palm Crescent which is Below Average in comparison with other BC neighbourhoods. 26.6% of population in this neighbourhood that is near the Listing MLS® R3030838 have no certificate or degree. This number is Above Average compared to the average in BC.

Median Household Income near this dwelling with the address 2942 Palm Crescent, Abbotsford, BC is $61344 which is Below Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R3030838 is $25306 which is Low in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 69.6% which is High.

Unemployment rate in the area around Real Estate Listing # R3030838 is 8.1 which is Average in comparison to the other province neighbourhoods.

This real estate is located in 2942 Palm Crescent Central Abbotsford where population change between 2011 and 2016 was 9.3%. This is High in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 2942 Palm Crescent, Abbotsford, BC is 3344.4 which is Above Average people per sq.km.

Average size of families in the area adjacent to home for sale 2942 Palm Crescent is 3. This is Above Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R3030838 is 64.4% and it is Above Average. % of Married or living common law is around 56.2% and it is Below Average.

Average age of the population close to the 2942 Palm Crescent is 39.6 . This percentage is Below Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 2942 Palm Crescent, Abbotsford, BC is $469344 and this is Above Average comparing to other areas in British Columbia

Average Owner payments are Average in the area adjacent to 2942 Palm Crescent. $1296 owners spent in average for the dwelling. Tenants are paying $991 in this district close to MLS® R3030838 and it is Average comparing to other cities.

48.6% of Population in this district near the 2942 Palm Crescent are Renters and it is High comparing to other BC cities and areas.

% of English and French speakers around real estate listing 2942 Palm Crescent, Abbotsford, BC is 3.7%, it is Low, % of English speakers only is 89.5% and Average. % of Neither English nor French speakers close to home for sale 2942 Palm Crescent, Abbotsford, BC is 6.7% and it is High comparing to other BC cities.

2.7% of all population in the area around this property with the address 2942 Palm Crescent, Abbotsford, BC using Public Transport which is Below Average, 91.4% of using population are using Cars around MLS® R3030838, which is Above Average. 0.8% of people using Bicycles around the 2942 Palm Crescent and it is Below Average. 3.6% of population are walking which is Average

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $1,574,000
Abbotsford $1,486,666
Central Abbotsford $1,135,000
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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