1114 W Palm Ln Phoenix, AZ 85007
Encanto-Palmcroft NeighborhoodEstimated Value: $620,000 - $1,018,000
2
Beds
1
Bath
1,373
Sq Ft
$617/Sq Ft
Est. Value
Highlights
- The property is located in a historic district
- Property is near public transit
- 1 Car Detached Garage
- Phoenix Coding Academy Rated A
- No HOA
- Eat-In Kitchen
About This Home
As of April 2019Incredible opportunity for a remodel and/or expansion in the heart of historic Encanto Palmcroft. This 2 bedroom, 1 bath home, located on the tree lined Palm Lane, features generous rooms and loads of historic charm. This home has not been on the market for 39 years. The property is listed on the National Historic Register which provides the homeowner with significant property tax savings. Property is being sold in As-Is condition.
Last Agent to Sell the Property
Russ Lyon Sotheby's International Realty License #SA536279000 Listed on: 03/27/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,182
Year Built
- Built in 1940
Lot Details
- 7,558 Sq Ft Lot
- Wood Fence
- Front Yard Sprinklers
- Grass Covered Lot
Parking
- 1 Car Detached Garage
- 1 Carport Space
Home Design
- Fixer Upper
- Brick Exterior Construction
- Composition Roof
Interior Spaces
- 1,373 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Security System Owned
Kitchen
- Eat-In Kitchen
- Dishwasher
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Laundry
- Laundry in unit
- Dryer
- Washer
Location
- Property is near public transit
- Property is near a bus stop
- The property is located in a historic district
Schools
- Kenilworth Elementary School
- Phoenix Prep Academy Middle School
- Central High School
Utilities
- Refrigerated Cooling System
- Heating System Uses Natural Gas
- Cable TV Available
Community Details
- No Home Owners Association
- West Encanto Amd Subdivision, Historic Floorplan
Listing and Financial Details
- Tax Lot 211
- Assessor Parcel Number 111-10-011
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 22, 2021
Sold by
Alpert Samuel Ross and Ruiz Vanessa
Bought by
Alpert Samuel Ross and Ruiz Vanessa
Total Days on Market
10
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Outstanding Balance
$102,172
Interest Rate
3.55%
Mortgage Type
Credit Line Revolving
Estimated Equity
$745,597
Purchase Details
Closed on
Feb 18, 2020
Sold by
Carlson Venture Group Llc
Bought by
Ruiz Vanessa and Alpert Samuel Ross
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$507,750
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 27, 2019
Closed on
Apr 24, 2019
Sold by
Thomas Jean
Bought by
Carlson Venture Group Llc
Seller's Agent
Chad Christian Jr
Russ Lyon Sotheby's International Realty
Buyer's Agent
Joshua Carlson
Gentry Real Estate
List Price
$367,000
Sold Price
$345,000
Premium/Discount to List
-$22,000
-5.99%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.82%
Original Mortgage
$276,000
Interest Rate
4.3%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 6, 2008
Sold by
Duncan Jean Pearson
Bought by
Thomas Jean Pearson
Similar Homes in Phoenix, AZ
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Alpert Samuel Ross | -- | None Available | |
| Ruiz Vanessa | $677,000 | Fidelity Natl Ttl Agcy Inc | |
| Carlson Venture Group Llc | $345,000 | Jetclosing Inc | |
| Thomas Jean Pearson | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Alpert And Ruiz Living Trust | $109,000 | |
| Open | Ruiz Vanessa | $510,400 | |
| Closed | Ruiz Vanessa | $507,750 | |
| Closed | Ruiz Vanessa | $101,482 | |
| Previous Owner | Carlson Venture Group Llc | $276,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/29/2019 04/29/19 | Sold | $345,000 | -6.0% | $251 / Sq Ft |
| 04/04/2019 04/04/19 | Pending | -- | -- | -- |
| 03/25/2019 03/25/19 | For Sale | $367,000 | -- | $267 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $2,316 | $17,319 | -- | -- |
| 2024 | $2,294 | $16,494 | -- | -- |
| 2023 | $2,294 | $34,165 | $6,830 | $27,335 |
| 2022 | $2,212 | $25,885 | $5,175 | $20,710 |
| 2021 | $2,196 | $24,150 | $4,830 | $19,320 |
| 2020 | $2,223 | $20,155 | $4,030 | $16,125 |
| 2019 | $2,219 | $16,825 | $3,365 | $13,460 |
| 2018 | $2,182 | $15,630 | $3,125 | $12,505 |
| 2017 | $2,131 | $15,035 | $3,005 | $12,030 |
| 2016 | $2,070 | $12,555 | $2,510 | $10,045 |
| 2015 | $1,915 | $13,710 | $2,740 | $10,970 |
Source: Public Records
Agents Affiliated with this Home
-
Chad Christian Jr
Seller's Agent in 2019
Chad Christian Jr
Russ Lyon Sotheby's International Realty
(480) 287-5200
10 in this area
77 Total Sales
-
Joe Bushong
Seller Co-Listing Agent in 2019
Joe Bushong
Russ Lyon Sotheby's International Realty
(480) 287-5200
10 in this area
221 Total Sales
-
Joshua Carlson
Buyer's Agent in 2019
Joshua Carlson
Gentry Real Estate
(480) 695-4841
75 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5901611
APN: 111-10-011
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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