NOT LISTED FOR SALE
4 Beds
3 Baths
2,900 Sq Ft
$1,236/mo HOA Fee

Last Sold February 26, 2021

Last sale price $306,500 $106 Per Sq Ft

98 Days on Market

Highlights

  • Unit is on the top floor
  • The property is located in a historic district
  • Two Primary Bathrooms
  • Phoenix Coding Academy Rated A
  • 2.1 Acre Lot
  • Contemporary Architecture

About This Home

As of February 2021

Rare opportunity in Palm Lane gardens. Mid century modern flair in downtown Phoenix. Originally built by Eaton as a double unit. 2900 SF that encompasses the entire upper level. Multiple tiled balconies. Large sliding glass doors. Tons of natural light. Poolside unit. Massive living space w/adjoining dining. Oversized interior laundry features tons of cabinets and utility sink. Original mid-century modern style flat panel cabinets remain in tact and in excellent shape. Spacious kitchen. Stainless appliances. 2 oversized rooms with balcony access. Secondary rooms have access to large center bathroom. Laminate floors t/o main living area. Carpet in bedrooms. Prime downtown location convenient to restaurants, museums, light rail, and freeways. A bargain compared to a high rise unit. HOA includes utilities, A/c, and property taxes!

Last Agent to Sell the Property

Rodney Coty

Compass License #SA518074000 Listed on: 10/16/2020

Last Buyer's Agent

Matt Rosenblum

HomeSmart License #SA648090000

HomeSmart

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1957

Lot Details

  • 2.1 Acre Lot
  • No Common Walls
  • Partially Fenced Property
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $1,236 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 2,900 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Security System Owned

Kitchen

  • Electric Cooktop
  • Built-In Microwave

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Location

  • Unit is on the top floor
  • Property is near public transit and bus stop
  • The property is located in a historic district

Schools

  • Emerson Elementary School
  • Phoenix Prep Academy Middle School
  • Central High School

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 118-55-016-A

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, ground maintenance, (see remarks), front yard maint, air conditioning and heating, trash, water, roof replacement, maintenance exterior
  • Palm Ln. Gardens Association, Phone Number (602) 957-9191
  • Built by Eaton
  • Los Olivos 55 60 Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Community Pool
  • Bike Trail

Property Details

Home Type

Co-Op

Year Built

Built in 1957

Lot Details

0

HOA Fees

$1,236 per month

Parking

2

Listing Details

  • Cross Street: Central and Palm Ln.
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Co-Operative
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 1236.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1957
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 2.1
  • Subdivision Name: LOS OLIVOS 55-60
  • Architectural Style: Other, Contemporary
  • Property Attached Yn: Yes
  • Tax Parcel Letter: A
  • General Property Description:PriceSqFt: 105.69
  • Association Fees:HOA Fee2: 1236.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Construction Brick: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: 2 Master Baths, Full Bth Master Bdrm
  • Living Area: 2900.0
  • Stories: 2
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:BikingWalking Path: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Community Laundry: Yes
  • Community Features:Historic District: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Partial
  • Exterior Features: Balcony
  • Lot Features: Grass Front, Grass Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: No Common Walls, Neighbor Below
  • Construction Type: Brick Veneer, Brick
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Composition, Rolled/Hot Mop
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Assigned
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool, Near Light Rail Stop, Near Bus Stop, Historic District, Community Laundry, Biking/Walking Path
  • Association Fee: 1236.0
  • Association Fee Frequency: Monthly
  • Association Name: Palm Ln. Gardens
  • Phone: 602-957-9191
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Palm Ln. Gardens
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fee Incl:Other (See Remarks)5: Yes
  • Association Fee Incl:Air CondHeating: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Maintenance Grounds, Other (See Remarks), Front Yard Maint, Air Cond/Heating, Trash, Water, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Emerson Elementary School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Phoenix Prep Academy

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 91476.0
  • Parcel #: 118-55-016-A

Building Info

  • Builder Name: Eaton

Tax Info

  • Tax Book Number: 118.00
  • Tax Lot: 19
  • Tax Map Number: 55.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2021 02/26/21 Sold $306,500 -12.4% $106 / Sq Ft
01/22/2021 01/22/21 Pending -- -- --
12/30/2020 12/30/20 Price Changed $349,900 -6.7% $121 / Sq Ft
11/27/2020 11/27/20 Price Changed $375,000 -5.1% $129 / Sq Ft
11/04/2020 11/04/20 Price Changed $395,000 -3.6% $136 / Sq Ft
10/16/2020 10/16/20 For Sale $409,900 -- $141 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,591 $103,732 -- --
2024 $14,593 $98,793 -- --
2023 $14,593 $287,400 $57,480 $229,920
2022 $14,102 $282,635 $56,525 $226,110
2021 $14,002 $225,040 $45,005 $180,035
2020 $14,154 $198,375 $39,675 $158,700
2019 $14,129 $188,580 $37,715 $150,865
2018 $13,902 $132,075 $26,415 $105,660
2017 $13,450 $132,260 $26,450 $105,810
2016 $12,851 $114,850 $22,970 $91,880
2015 $11,926 $90,640 $18,125 $72,515
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6147898

Arizona Regional Multiple Listing Service (ARMLS)