NOT LISTED FOR SALE

121 E Palm Ln Unit 2 Phoenix, AZ 85004

Alvarado Historic District Neighborhood

Estimated Value: $447,000 - $486,185

2 Beds
2.5 Baths
1,760 Sq Ft
$267/Sq Ft Est. Value

Last Sold February 15, 2022

Last sale price $440,000 $250 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,043/month

4 Days on Market

Highlights

  • The property is located in a historic district
  • Two Primary Bathrooms
  • Wood Flooring
  • Phoenix Coding Academy Rated A
  • Property is near public transit
  • Private Yard

About This Home

As of February 2022

In the heart of Central Phoenix, on tree lined Palm Lane, this mid-century condo is located in the 16-unit, red brick Chateau deVille complex. With 1,760 sf, and beautiful hardwood floors throughout the living area, this townhouse style condo is ideal for entertaining with a large living and formal dining room and large glass sliding doors off of the kitchen that lead to a private patio. Lots of storage with two walk-in pantries. Two bedrooms, both with en suite baths and an additional 1⁄2 bath. Enjoy the amenities of the lush interior complex landscaping and community pool and 2 covered parking spaces! Experience downtown convenience living adjacent to the Alvarado Historic District, and within walking distance to the Phoenix Metro Light Rail, Phoenix Library, and the Heard Museum.

Last Agent to Sell the Property

Heidi Carlson-Vermeer

Realty ONE Group License #SA645822000 Listed on: 01/07/2022

Realty ONE Group

Last Buyer's Agent

Griselda Ortega

Realty ONE Group License #SA681585000

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,438

Year Built

  • Built in 1965

Lot Details

  • 821 Sq Ft Lot
  • Wrought Iron Fence
  • Block Wall Fence
  • Private Yard
  • Grass Covered Lot

HOA Fees

  • $369 Monthly HOA Fees

Parking

  • 2 Carport Spaces

Home Design

  • Brick Exterior Construction
  • Built-Up Roof

Interior Spaces

  • 1,760 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Two Primary Bathrooms
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Patio

Location

  • Property is near public transit
  • Property is near a bus stop
  • The property is located in a historic district

Schools

  • Kenilworth Elementary School
  • Maie Bartlett Heard Middle School
  • Central High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 118-55-032

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, ground maintenance, front yard maint, trash, water, roof replacement, maintenance exterior
  • CDV Council Of Owner Association, Phone Number (602) 863-3600
  • Built by Staman Fields and Co.
  • Chateau Deville Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,438

Year Built

Built in 1965

Lot Details

0

HOA Fees

$369 per month

Listing Details

  • Cross Street: Central and McDowell
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 368.75
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1965
  • Tax Year: 2021
  • Directions: Central to Palm Lane. Turn east on Palm Lane. Chateau deVille complex is on the south side of Palm Lane. Park in front of the complex. Unit 121 is the first unit to the right as you enter complex.
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: Chateau deVille
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 368.75
  • Construction Brick: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone, Wood
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Double Vanity, Eat-in Kitchen, Pantry, 2 Master Baths, 3/4 Bath Master Bdrm, Separate Shwr & Tub
  • Living Area: 1760.0
  • Stories: 2
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Historic District: Yes
  • Community Features:Near Light Rail Stop: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Private Yard
  • Lot Features: Grass Front, Grass Back
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Brick Veneer, Painted, Brick
  • Patio And Porch Features: Patio
  • Roof: Built-Up
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Carport Spaces: 2.0

Utilities

  • Electric: 220 Volts in Kitchen
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Community Pool, Near Light Rail Stop, Near Bus Stop, Historic District
  • Association Fee: 368.75
  • Association Fee Frequency: Monthly
  • Association Name: CDV Council of Owner
  • Phone: 602-863-3600
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 100.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: CDV Council of Owner
  • Association Fees:HOA Telephone4: 602-863-3600
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • 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

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Maintenance Grounds, Front Yard Maint, Trash, Water, Roof Replacement, Maintenance Exterior

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 821.0
  • Parcel #: 118-55-032

Building Info

  • Builder Name: Staman Fields and Co.

Tax Info

  • Tax Annual Amount: 2438.0
  • Tax Book Number: 118.00
  • Tax Lot: 2
  • Tax Map Number: 55.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2022
Closed on
Feb 11, 2022
Sold by
Stephen J Odell Revocable Living Trust
Bought by
Breedlove Caitlin E
Seller's Agent
Heidi Carlson-Vermeer
Realty ONE Group
Buyer's Agent
Griselda Ortega
Realty ONE Group
List Price
$410,000
Sold Price
$440,000
Premium/Discount to List
$30,000
7.32%
Current Estimated Value
$470,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,546
Avg. Annual Appreciation
0.91%
Original Mortgage
$393,000
Outstanding Balance
$368,420
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$86,240

Purchase Details

Closed on
Jun 7, 2000
Sold by
Smith J Bixby and Smith Margaret Hurley
Bought by
Odell Stephen J and The Stephen J Odell Revocable Living Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,640
Interest Rate
8.63%
Mortgage Type
New Conventional
Source: Public Records

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
Breedlove Caitlin E $440,000 Old Republic Title
Odell Stephen J $138,300 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Breedlove Caitlin E $393,000
Previous Owner Odell Stephen J $93,717
Previous Owner Odell Stephen J $110,640
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2022 02/15/22 Sold $440,000 +7.3% $250 / Sq Ft
01/11/2022 01/11/22 Pending -- -- --
01/07/2022 01/07/22 For Sale $410,000 -- $233 / 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 $2,269 $19,058 -- --
2024 $2,259 $18,150 -- --
2023 $2,259 $30,680 $6,130 $24,550
2022 $2,173 $24,210 $4,840 $19,370
2021 $2,438 $23,420 $4,680 $18,740
2020 $2,466 $22,550 $4,510 $18,040
2019 $2,462 $22,520 $4,500 $18,020
2018 $2,420 $20,260 $4,050 $16,210
2017 $2,362 $17,800 $3,560 $14,240
2016 $2,292 $18,000 $3,600 $14,400
2015 $2,121 $18,230 $3,640 $14,590
Source: Public Records

Agents Affiliated with this Home

  • Heidi Carlson-Vermeer

    Seller's Agent in 2022

    Heidi Carlson-Vermeer

    Realty One Group

    (602) 540-3447

    2 in this area

    45 Total Sales

    Heidi Carlson-Vermeer
    Section Image
  • Griselda Ortega

    Buyer's Agent in 2022

    Griselda Ortega

    Realty One Group

    (602) 585-2711

    1 in this area

    44 Total Sales

    Griselda Ortega
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6338849

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-55-032

Arizona Maricopa County Phoenix 85004 Alvarado Historic District

121 E Palm Ln Unit 2, Phoenix, AZ

This home is located at 121 E Palm Ln Unit 2, Phoenix, AZ 85004 since 07 January 2022 and is currently estimated at $470,546, approximately $267 per square foot. This property was built in 1965. 121 E Palm Ln Unit 2 is a home located in Maricopa County with nearby schools including Emerson 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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