NOT LISTED FOR SALE

1224 E Palacio Ln Phoenix, AZ 85014

Camelback East Village Neighborhood

Estimated Value: $474,000 - $533,000

3 Beds
2 Baths
1,548 Sq Ft
$328/Sq Ft Est. Value

Last Sold June 15, 2020

Last sale price $338,000 $218 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,065/month

3 Days on Market

Highlights

  • Spanish Architecture
  • Private Yard
  • Covered Patio or Porch
  • Phoenix Coding Academy Rated A
  • Community Pool
  • 2 Car Direct Access Garage

About This Home

As of June 2020

Nestled away in the quiet community of Palacio Del Sol, this Spanish-Style patio home is sure to be what you're looking for in the coveted zip code of 85014. A mere 15-minute walk to trendy restaurants like The Yard, Zipps, The Vig, and SanTan Brewing to name a few. Not to mention, only a 6-minute drive to places like The Biltmore Fashion Park, Whole Foods, Frys, and LA Fitness. Enter in through your private courtyard to this 3 bed 2 bath home with 2-car garage! Spacious layout with a wood-burning fireplace to add warmth and coziness to this home. Dual-access from the living room and master bedroom to your lush and shaded backyard space with walking access to Montebello. Electrical panel replaced in 2018. Well maintained community pool! Come check out everything this home has to offer!

Last Agent to Sell the Property

Steven D'Ascoli

West USA Realty License #SA672340000 Listed on: 05/05/2020

West USA Realty

Last Buyer's Agent

Emily Whitwell

RETSY License #SA648144000

RETSY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,601

Year Built

  • Built in 1973

Lot Details

  • 3,197 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard

HOA Fees

  • $167 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Spanish Architecture
  • Patio Home
  • Property Attached
  • Wood Frame Construction
  • Tile Roof
  • Foam Roof
  • Stucco

Interior Spaces

  • 1,548 Sq Ft Home
  • 1-Story Property
  • Solar Screens
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Madison Rose Lane Elementary School
  • Madison #1 Middle School
  • North High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered Patio or Porch
  • Property is near bus stop

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 162-03-106

Community Details

Overview

  • Association fees include insurance, pest control, ground maintenance, trash, maintenance exterior
  • Palacio Del Sol Association, Phone Number (602) 279-4965
  • Palacio Del Sol Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,601

Year Built

Built in 1973

Lot Details

0

HOA Fees

$167 per month

Parking

2

Listing Details

  • Cross Street: Missouri & 12th St
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 166.67
  • Basement: N
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2018
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2018
  • Updated Wiring: Partial
  • Items Updated Wiring Yr Updated: 2018
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1973
  • Tax Year: 2019
  • Property Sub Type: Patio Home
  • Horses: No
  • Lot Size Acres: 0.07
  • Subdivision Name: PALACIO DEL SOL
  • Architectural Style: Spanish
  • Property Attached Yn: Yes
  • General Property Description:PriceSqFt: 218.34
  • Association Fees:HOA Fee2: 500.0
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Vinyl
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, No Interior Steps, Pantry, 3/4 Bath Master Bdrm, Laminate Counters
  • Living Area: 1548.0
  • Stories: 1
  • Window Features: Solar Screens
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Laminate Counters: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Auto Timer H2O Front, Auto Timer H2O Back, Irrigation Front, Irrigation Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile, Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Programmable Thmstat
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool, Near Bus Stop
  • Association Fee: 500.0
  • Association Fee Frequency: Quarterly
  • Association Name: Palacio Del Sol
  • Phone: 602-279-4965
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 250.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Palacio Del Sol
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fee Incl:Pest Control: Yes

Fee Information

  • Association Fee Includes: Insurance, Pest Control, Maintenance Grounds, Trash, Maintenance Exterior

Schools

  • Elementary School: Madison Rose Lane School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Madison #1 Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3197.0
  • Parcel #: 162-03-106

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 2601.0
  • Tax Book Number: 162.00
  • Tax Lot: 37
  • Tax Map Number: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2020
Closed on
Jun 11, 2020
Sold by
Devore Eric S
Bought by
Robins Jennifer
Seller's Agent
Steven D'Ascoli
West USA Realty
Buyer's Agent
Emily Whitwell
RETSY
List Price
$349,000
Sold Price
$338,000
Premium/Discount to List
-$11,000
-3.15%
Current Estimated Value
$507,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,503
Avg. Annual Appreciation
7.60%
Original Mortgage
$321,000
Outstanding Balance
$284,542
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$222,961

Purchase Details

Listed on
Jun 1, 2018
Closed on
Jul 17, 2018
Sold by
Tanner Arthur R
Bought by
Devore Eric S
Seller's Agent
Vicki Vanderhoff
HomeSmart
Buyer's Agent
Marleigh Wrobel
Realty ONE Group
List Price
$339,000
Sold Price
$325,000
Premium/Discount to List
-$14,000
-4.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.09%
Original Mortgage
$235,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2018
Sold by
Large Paula H
Bought by
Tanner Arthur R

Purchase Details

Closed on
Jul 31, 2009
Sold by
Large Paula H
Bought by
The Paula H Large Family Trust

Purchase Details

Closed on
Oct 16, 2006
Sold by
Cooney Irene
Bought by
Large Paula H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,150
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 1999
Sold by
Oppenheimer Joan
Bought by
Cooney Irene E and Cooney Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
7.97%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Robins Jennifer $338,000 American Title Svc Agcy Llc
Devore Eric S $325,000 Pioneer Title Agency Inc
Tanner Arthur R $325,000 Pioneer Title Agency Inc
The Paula H Large Family Trust -- None Available
Large Paula H $297,000 Equity Title Agency Inc
Cooney Irene E $130,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robins Jennifer $321,000
Previous Owner Devore Eric S $235,000
Previous Owner Large Paula H $282,150
Previous Owner Cooney Irene E $117,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/15/2020 06/15/20 Sold $338,000 -3.2% $218 / Sq Ft
05/07/2020 05/07/20 Pending -- -- --
05/04/2020 05/04/20 For Sale $349,000 +7.4% $225 / Sq Ft
07/23/2018 07/23/18 Sold $325,000 +0.3% $210 / Sq Ft View Prior Sale
06/20/2018 06/20/18 Pending -- -- --
06/18/2018 06/18/18 Price Changed $324,000 -3.0% $209 / Sq Ft
06/11/2018 06/11/18 Price Changed $334,000 -1.5% $216 / Sq Ft
06/01/2018 06/01/18 For Sale $339,000 -- $219 / 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 $2,966 $25,869 -- --
2024 $2,739 $24,637 -- --
2023 $2,739 $36,400 $7,280 $29,120
2022 $2,651 $30,930 $6,180 $24,750
2021 $2,705 $31,210 $6,240 $24,970
2020 $2,661 $29,150 $5,830 $23,320
2019 $2,601 $28,370 $5,670 $22,700
2018 $2,532 $24,100 $4,820 $19,280
2017 $2,404 $22,680 $4,530 $18,150
2016 $2,317 $21,610 $4,320 $17,290
2015 $2,156 $22,070 $4,410 $17,660
Source: Public Records

Agents Affiliated with this Home

  • Steven D'Ascoli

    Seller's Agent in 2020

    Steven D'Ascoli

    West USA Realty

    (480) 783-8363

    1 Total Sale

    Steven D'Ascoli
    Section Image
  • Emily Whitwell

    Buyer's Agent in 2020

    Emily Whitwell

    RETSY

    (480) 216-1443

    10 in this area

    22 Total Sales

    Emily Whitwell
    Section Image

  • V

    Seller's Agent in 2018

    Vicki Vanderhoff

    HomeSmart

  • Marleigh Wrobel

    Buyer's Agent in 2018

    Marleigh Wrobel

    Realty One Group

    (480) 734-4414

    8 in this area

    42 Total Sales

    Marleigh Wrobel
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6074063

Arizona Regional Multiple Listing Service (ARMLS)

APN: 162-03-106

Arizona Maricopa County Phoenix 85014 Camelback East Village

1224 E Palacio Ln, Phoenix, AZ

Not Listed for Sale

MultiFamily

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

Nearby Homes