NOT LISTED FOR SALE

1240 E Palm Ln Phoenix, AZ 85006

Coronado Neighborhood

Estimated Value: $515,000 - $527,000

3 Beds
2 Baths
1,178 Sq Ft
$441/Sq Ft Est. Value

About This Home

This home is located at 1240 E Palm Ln, Phoenix, AZ 85006 and is currently estimated at $519,504, approximately $441 per square foot. 1240 E Palm Ln is a home located in Maricopa County with nearby schools including Whittier Elementary School, North High School, and Phoenix Coding Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 2, 2015
Sold by
Marston Katherine Merry
Bought by
Masengarb Michael T and Masengarb Michael Thomas
Current Estimated Value
$519,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Outstanding Balance
$84,291
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$435,213

Purchase Details

Closed on
Apr 1, 2005
Sold by
Geis Barbara L
Bought by
Masengarb Michael Thomas and Marston Katherine Merry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2002
Sold by
Michael Ramsey T and Peck Edwin B
Bought by
Geis Barbara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
6.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 1998
Sold by
Schloeder Steven J
Bought by
Michael Ramsey T and Peck Edwin B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,618
Interest Rate
6.6%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 2, 1995
Sold by
Garnett Terry L and Garnett Alice A
Bought by
Schloeder Steven J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,200
Interest Rate
7.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 1994
Sold by
Plummer Mattie and Plummer Vearl B
Bought by
Garnett Terry L and Garnett Alice A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
8.38%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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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
Masengarb Michael T -- Empire West Title Agency
Masengarb Michael Thomas $225,000 Transnation Title
Geis Barbara L $155,000 Transnation Title Insurance
Michael Ramsey T $96,000 Ati Title Agency
Schloeder Steven J $62,800 Security Title Agency
Garnett Terry L $26,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Masengarb Michael T $141,000
Previous Owner Masengarb Michael Thomas $180,000
Previous Owner Geis Barbara L $124,000
Previous Owner Michael Ramsey T $95,618
Previous Owner Schloeder Steven J $50,200
Previous Owner Garnett Terry L $15,000
Closed Geis Barbara L $23,250
Closed Masengarb Michael Thomas $33,750
Source: Public Records

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 $1,753 $13,866 -- --
2024 $1,628 $13,205 -- --
2023 $1,628 $37,100 $7,420 $29,680
2022 $1,566 $30,120 $6,020 $24,100
2021 $1,567 $26,730 $5,340 $21,390
2020 $1,590 $25,050 $5,010 $20,040
2019 $1,590 $22,580 $4,510 $18,070
2018 $1,562 $18,150 $3,630 $14,520
2017 $1,506 $17,280 $3,450 $13,830
2016 $1,463 $14,710 $2,940 $11,770
2015 $1,333 $13,570 $2,710 $10,860
Source: Public Records

Map

Arizona Maricopa County Phoenix 85006 Coronado

1240 E Palm Ln, Phoenix, AZ

Not Listed for Sale

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