1242 E Palacio Ln Phoenix, AZ 85014
Camelback East Village Neighborhood
2
Beds
2
Baths
1,416
Sq Ft
$240/mo
HOA Fee
Highlights
- Private Pool
- Vaulted Ceiling
- 1 Fireplace
- Phoenix Coding Academy Rated A
- Santa Barbara Architecture
- Private Yard
About This Home
As of July 2024Don't miss this amazing opportunity to own a spectacular home centrally located in downtown Phoenix! The open & spacious floorplan is nicely updated! 2023 New Roof, New A/C Unit, New Hot Water Heater & New Electrical Outlets t/o. Upscale kitchen with Corian countertops, Brand New Stainless Refrigerator, Range, Microwave, and Dishwasher. Saltillo tile flooring, Wood burning Fireplace, Vaulted Ceilings, Wood Beams, Neutral Paint, Enclosed Patio with Private Courtyard. Living room with a Formal dining room and Family room open to the Kitchen. PLUS! The primary bedroom includes wood-look tile floors, direct outdoor access, a bathroom, and a walk-in closet. Close to great shopping, restaurants, and easy access to freeways!!
Last Agent to Sell the Property
Keller Williams Realty Professional Partners License #SA554243000
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,529
Year Built
- Built in 1973
Lot Details
- 3,332 Sq Ft Lot
- Desert faces the front of the property
- Private Streets
- Block Wall Fence
- Private Yard
HOA Fees
- $240 Monthly HOA Fees
Parking
- 2 Car Garage
- Garage Door Opener
Home Design
- Santa Barbara Architecture
- Roof Updated in 2023
- Wood Frame Construction
- Foam Roof
- Stucco
Interior Spaces
- 1,416 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- 1 Fireplace
- Security System Owned
Kitchen
- Kitchen Updated in 2023
- Breakfast Bar
- Built-In Microwave
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Pool
- Private Pool
- Fence Around Pool
Schools
- Madison Rose Lane Elementary And Middle School
- North High School
Utilities
- Cooling System Updated in 2023
- Refrigerated Cooling System
- Heating Available
- Wiring Updated in 2023
- Cable TV Available
Additional Features
- No Interior Steps
- Patio
Community Details
- Association fees include ground maintenance, street maintenance, trash
- Palacio Del Sol Association, Phone Number (480) 239-4739
- Palacio Del Sol Subdivision
Listing and Financial Details
- Tax Lot 23
- Assessor Parcel Number 162-03-092
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 20, 2024
Closed on
Jul 12, 2024
Sold by
Etr Property Management Llc
Bought by
Karbel Alan A and Pederson David S
Seller's Agent
John Cunningham
eXp Realty
Buyer's Agent
Randy Stopher
West USA Realty
List Price
$569,000
Sold Price
$569,000
Total Days on Market
86
Views
40
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,361
Avg. Annual Appreciation
-1.69%
Original Mortgage
$540,550
Outstanding Balance
$536,492
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$24,147
Purchase Details
Listed on
Jun 20, 2024
Closed on
May 14, 2024
Sold by
Omstead Family Trust and Omstead Ruth Jane
Bought by
Etr Property Management Llc
Seller's Agent
John Cunningham
eXp Realty
Buyer's Agent
Randy Stopher
West USA Realty
List Price
$569,000
Sold Price
$569,000
Views
40
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,550
Outstanding Balance
$536,492
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$24,147
Purchase Details
Closed on
Dec 2, 2013
Sold by
Omstead Jerry E and Omstead Ruth Jane
Bought by
Omstead Jerry E and Omstead Ruth Jane
Purchase Details
Closed on
Jun 21, 1994
Sold by
Gonzales Evonne
Bought by
Omstead Jerry E and Omstead Ruthjane
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,400
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Map
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Similar Homes in Phoenix, AZ
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $569,000 | Lawyers Title Of Arizona | |
| Warranty Deed | $414,000 | Lawyers Title Of Arizona | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $86,000 | Network Escrow & Title Agenc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $128,000 | New Conventional | |
| Open | $540,550 | New Conventional | |
| Previous Owner | $350,000 | Credit Line Revolving | |
| Previous Owner | $77,400 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/12/2024 07/12/24 | Sold | $569,000 | 0.0% | $402 / Sq Ft |
| 06/23/2024 06/23/24 | Pending | -- | -- | -- |
| 06/21/2024 06/21/24 | For Sale | $569,000 | +37.4% | $402 / Sq Ft |
| 05/14/2024 05/14/24 | Sold | $414,000 | -8.0% | $292 / Sq Ft |
| 04/28/2024 04/28/24 | Pending | -- | -- | -- |
| 04/02/2024 04/02/24 | Price Changed | $450,000 | -5.3% | $318 / Sq Ft |
| 02/01/2024 02/01/24 | For Sale | $475,000 | -- | $335 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
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 | $2,968 | $23,893 | -- | -- |
| 2024 | $2,529 | $22,756 | -- | -- |
| 2023 | $2,529 | $34,610 | $6,920 | $27,690 |
| 2022 | $2,448 | $29,150 | $5,830 | $23,320 |
| 2021 | $2,498 | $29,280 | $5,850 | $23,430 |
| 2020 | $2,458 | $27,350 | $5,470 | $21,880 |
| 2019 | $2,402 | $26,710 | $5,340 | $21,370 |
| 2018 | $2,339 | $22,470 | $4,490 | $17,980 |
| 2017 | $2,220 | $21,070 | $4,210 | $16,860 |
| 2016 | $2,140 | $19,910 | $3,980 | $15,930 |
| 2015 | $1,991 | $20,330 | $4,060 | $16,270 |
Source: Public Records
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6658018
APN: 162-03-092
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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