NOT LISTED FOR SALE

1131 W Palm Ln Phoenix, AZ 85007

Estimated Value: $607,000 - $837,000

3 Beds
1.5 Baths
1,401 Sq Ft
$515/Sq Ft Est. Value

Last Sold June 15, 2022

Last sale price $650,000 $464 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,208/month

4 Days on Market

Highlights

  • Private Pool
  • The property is located in a historic district
  • 1 Fireplace
  • Phoenix Coding Academy Rated A
  • Wood Flooring
  • Corner Lot

About This Home

As of June 2022

This 1940 historic home in the Encanto-Palmcroft District has three bedrooms, one and a half baths, and a deep 10' swimming pool. It is near Encanto Park and all the downtown activities. Electrical, roof, and air conditioning system were all updated 2012-2015. Fully mature trees and ready for someone to give it their own finishing touches.

Last Agent to Sell the Property

Gerald Hannel

HomeSmart License #SA670912000 Listed on: 05/17/2022

Co-Listed By

Jason Strother

HomeSmart License #SA673395000

Last Buyer's Agent

Gerald Hannel

HomeSmart Realty License #SA670912000

HomeSmart Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,993

Year Built

  • Built in 1940

Lot Details

  • 8,721 Sq Ft Lot
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 2 Carport Spaces

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,401 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows
  • Laminate Countertops

Flooring

  • Wood
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 1.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Private Pool
  • Patio
  • Outdoor Storage

Schools

  • Kenilworth Elementary School
  • Central High Middle School
  • Central High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Additional Features

  • ENERGY STAR Qualified Equipment for Heating
  • The property is located in a historic district

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Palmcroft Subdivision

Listing and Financial Details

  • Tax Lot 165
  • Assessor Parcel Number 111-08-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,993

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Cross Street: 13th Avenue and Palm Lane
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2015
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2015
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2015
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2012
  • Updated Wiring: Full
  • Items Updated Wiring Yr Updated: 2015
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1940
  • Tax Year: 2021
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.2
  • Co List Office Mls Id: cril11
  • Co List Office Phone: 602-230-7600
  • Subdivision Name: PALMCROFT
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Cooling ENERGY STAR Qualified Equipment: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood, Concrete
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Full Bth Master Bdrm, High Speed Internet, Laminate Counters
  • Living Area: 1401.0
  • Stories: 1
  • Window Features: Double Pane Windows
  • Kitchen Features:RangeOven Gas: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Kitchen Features:Laminate Counters: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Historic District: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Patio, Storage
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Alley, Corner Lot, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Carport Spaces: 2.0

Utilities

  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Natural Gas, ENERGY STAR Qualified Equipment
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Historic District
  • Amenities: Not Managed, None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Kenilworth Elementary School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Central High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8721.0
  • Parcel #: 111-08-021
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1993.0
  • Tax Book Number: 111.00
  • Tax Lot: 165
  • Tax Map Number: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2022
Closed on
Jun 8, 2022
Sold by
Ivan Hannel Gerald
Bought by
Gray Kayla and Poole Jeff
Seller's Agent
Gerald Hannel
HomeSmart
Buyer's Agent
Gerald Hannel
HomeSmart Realty
List Price
$599,000
Sold Price
$650,000
Premium/Discount to List
$51,000
8.51%
Total Days on Market
4
Current Estimated Value
$721,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,249
Avg. Annual Appreciation
3.83%
Original Mortgage
$617,500
Outstanding Balance
$590,873
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$136,259

Purchase Details

Closed on
Jun 14, 2017
Sold by
Estate Of Maria Veronica Hannel
Bought by
Hannel Gerald Ivan
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gray Kayla $650,000 New Title Company Name
Hannel Gerald Ivan -- None Available
Hannel Gerald Ivan -- None Available
Hannel Gerald Ivan -- None Available
Hannel Gerald Ivan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gray Kayla $617,500
Previous Owner Hannel Gerald Ivan $245,784
Previous Owner Hannel Gerald Ivan $257,911
Previous Owner Hannel Maria Veronica $289,500
Previous Owner Hannel Iles Lee $144,000
Previous Owner Hannel Iles Lee $315,281
Previous Owner Hannel Iles Lee $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2022 06/15/22 Sold $650,000 +8.5% $464 / Sq Ft
05/16/2022 05/16/22 For Sale $599,000 -- $428 / 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 $2,102 $15,719 -- --
2024 $2,082 $14,970 -- --
2023 $2,082 $26,580 $5,315 $21,265
2022 $2,008 $20,180 $4,035 $16,145
2021 $1,993 $20,705 $4,140 $16,565
2020 $2,016 $18,960 $3,790 $15,170
2019 $2,012 $17,760 $3,550 $14,210
2018 $1,978 $17,610 $3,520 $14,090
2017 $1,932 $17,115 $3,420 $13,695
2016 $1,877 $13,610 $2,720 $10,890
2015 $1,736 $13,210 $2,640 $10,570
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2022

    Gerald Hannel

    HomeSmart

  • Jason Strother

    Seller Co-Listing Agent in 2022

    Jason Strother

    HomeSmart

    (602) 770-6964

    79 Total Sales

    Jason Strother
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6400813

Arizona Regional Multiple Listing Service (ARMLS)

APN: 111-08-021

Arizona Maricopa County Phoenix 85007

1131 W Palm Ln, Phoenix, AZ

This home is located at 1131 W Palm Ln, Phoenix, AZ 85007 since 17 May 2022 and is currently estimated at $721,249, approximately $514 per square foot. This property was built in 1940. 1131 W Palm Ln is a home located in Maricopa County with nearby schools including Kenilworth Elementary School, Phoenix Coding Academy, and Central High School.

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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