NOT LISTED FOR SALE

1301 W Palm Ln Phoenix, AZ 85007

Estimated Value: $875,000 - $955,000

3 Beds
2 Baths
1,644 Sq Ft
$556/Sq Ft Est. Value

Last Sold June 20, 2024

Last sale price $950,000 $578 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $5,053/month

36 Days on Market

Highlights

  • The property is located in a historic district
  • Wood Flooring
  • No HOA
  • Phoenix Coding Academy Rated A
  • Corner Lot
  • 2 Car Detached Garage

About This Home

As of June 2024

This is Encanto Palmcroft at it's best from the moment you walk up the beautiful brick pathway to the welcoming front patio. Enter a formal foyer that open to a spacious living room with french doors to an entertaining patio accessible from the living or formal dining room.Both rooms have arched built-ins perfect for books or momentos.The kitchen has great cabinet & counter space, and a wonderful VIKING range!A pressed metal ceiling finishes the space off beautifully! The wood floors continue through all of the bedrooms and custom tile is featured in both baths not to mention dual pane windows and a newer roof. The private back yard is as incredible as the front with a raised brick patio, mature trees, dog run, two-car garage and space for a pool. This is truly an exquisite home!

Last Agent to Sell the Property

Sherry Rampy

Brokers Hub Realty, LLC License #BR102894000 Listed on: 04/11/2024

Last Buyer's Agent

Shelby DiBiase

eXp Realty License #BR508964000

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,383

Year Built

  • Built in 1940

Lot Details

  • 9,522 Sq Ft Lot
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1,644 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Solar Screens
  • Eat-In Kitchen

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Kenilworth Elementary School
  • Central High School

Utilities

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

Additional Features

  • Patio
  • The property is located in a historic district

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Unknown Historic
  • Palmcroft Subdivision

Listing and Financial Details

  • Tax Lot 164
  • Assessor Parcel Number 111-08-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,383

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Cross Street: 7th Avenue and McDowell Road
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1940
  • Tax Year: 2023
  • Directions: North on 7th Avenue to Palm Lane and then west to property located in the heart of the exquisite Encanto Palmcroft Historic District in Central Phoenix.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.22
  • Subdivision Name: PALMCROFT
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Construction Brick: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, 3/4 Bath Master Bdrm, High Speed Internet
  • Living Area: 1644.0
  • Stories: 1
  • Window Features: Sunscreen(s), Dual Pane
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Historic District: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Patio
  • 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: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Brick
  • Roof: Composition
  • Exterior Features:Patio: Yes

Garage/Parking

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

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Historic District
  • Amenities: Not Managed
  • 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: Kenilworth Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9522.0
  • Parcel #: 111-08-020
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown Historic

Tax Info

  • Tax Annual Amount: 2383.0
  • Tax Book Number: 111.00
  • Tax Lot: 164
  • Tax Map Number: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2024
Closed on
Jun 20, 2024
Sold by
Park Benjamin Ki and Jacobson Marleah C
Bought by
Bohra Aziz Ali
Seller's Agent
Sherry Rampy
Brokers Hub Realty, LLC
Buyer's Agent
Shelby DiBiase
eXp Realty
List Price
$950,000
Sold Price
$950,000
Total Days on Market
36
Views
36
Current Estimated Value
$914,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,769
Avg. Annual Appreciation
-3.92%
Original Mortgage
$700,000
Outstanding Balance
$662,914
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$251,317

Purchase Details

Closed on
May 1, 2020
Sold by
Park Benjamin K
Bought by
Park Benjamin K and Jacobson Marleah C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 24, 2018
Closed on
Dec 11, 2018
Sold by
Fleury Julie M
Bought by
Park Benjamin K
Seller's Agent
Chad Christian Jr
Russ Lyon Sotheby's International Realty
Buyer's Agent
Sherry Rampy
Brokers Hub Realty, LLC
List Price
$529,000
Sold Price
$522,000
Premium/Discount to List
-$7,000
-1.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.02%
Original Mortgage
$464,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 22, 2015
Closed on
Jun 8, 2015
Sold by
Breece Pamela Ann
Bought by
Fleury Julie M
Seller's Agent
Ryan Gehris
Usrealty Estate Brokerage LLC
Buyer's Agent
Ryan Gehris
Usrealty Estate Brokerage LLC
List Price
$515,000
Sold Price
$495,000
Premium/Discount to List
-$20,000
-3.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.53%
Original Mortgage
$368,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 29, 2013
Closed on
Mar 27, 2013
Sold by
Harvey Penny
Bought by
Breece Pamela Ann
Seller's Agent
Chad Christian Jr
Russ Lyon Sotheby's International Realty
Buyer's Agent
Grant Almquist
Russ Lyon Sotheby's International Realty
List Price
$430,000
Sold Price
$430,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.55%
Original Mortgage
$350,000
Interest Rate
3.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 2009
Sold by
Stewart Steven A and Forsyth Daniel L
Bought by
Harvey Penny

Purchase Details

Closed on
Apr 7, 2009
Sold by
Ing Bank Fsb
Bought by
Stewart Steven A and Forsyth Daniel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 2009
Sold by
Fernandez Enrique
Bought by
Ing Bank Fsb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 2, 2007
Sold by
Tanner Alec M
Bought by
Fernandez Enrique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$624,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 22, 2006
Sold by
Tanner Alec M
Bought by
Tanner Alec M and Fernandez Enrique

Purchase Details

Closed on
Jan 23, 2006
Sold by
Weichert Relocation Resources Inc
Bought by
Tanner Alec M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
7.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2005
Sold by
Gilman Paul S and Gilman Jeanne A
Bought by
Weichert Relocation Resources Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
6.08%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 8, 2001
Sold by
Pogson Stephen W and Pogson Linda M
Bought by
Gilman Paul S and Gilman Jeanne A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,925
Interest Rate
7.14%
Mortgage Type
New Conventional
Source: Public Records

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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
Bohra Aziz Ali $950,000 Fidelity National Title Agency
Park Benjamin K -- Great American Title Agency
Park Benjamin K $522,000 Driggs Title Agency Inc
Fleury Julie M $495,000 Wfg National Title Ins Co
Breece Pamela Ann $430,000 Greystone Title Agency Llc
Harvey Penny $360,000 Great American Title Agency
Stewart Steven A $300,000 Equity Title Agency Inc
Ing Bank Fsb $387,427 Accommodation
Fernandez Enrique -- Guaranty Title Agency
Tanner Alec M -- Guaranty Title Agency
Tanner Alec M $490,000 Chicago Title Insurance Co
Weichert Relocation Resources Inc $490,000 Chicago Title Insurance Co
Gilman Paul S $271,500 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bohra Aziz Ali $700,000
Previous Owner Park Benjamin K $40,000
Previous Owner Park Benjamin K $414,000
Previous Owner Park Benjamin K $417,200
Previous Owner Park Benjamin K $464,000
Previous Owner Fleury Julie M $368,000
Previous Owner Breece Pamela Ann $350,000
Previous Owner Harvey Penny $100,000
Previous Owner Stewart Steven A $247,500
Previous Owner Fernandez Enrique $624,000
Previous Owner Tanner Alec M $392,000
Previous Owner Weichert Relocation Resources Inc $98,000
Previous Owner Gilman Paul S $248,000
Previous Owner Gilman Paul S $46,500
Previous Owner Gilman Paul S $257,925
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2024 06/20/24 Sold $950,000 0.0% $578 / Sq Ft
05/18/2024 05/18/24 Pending -- -- --
05/11/2024 05/11/24 For Sale $950,000 0.0% $578 / Sq Ft
04/23/2024 04/23/24 Off Market $950,000 -- --
04/15/2024 04/15/24 Pending -- -- --
04/11/2024 04/11/24 For Sale $950,000 +82.0% $578 / Sq Ft
12/13/2018 12/13/18 Sold $522,000 -1.3% $318 / Sq Ft
10/23/2018 10/23/18 For Sale $529,000 +6.9% $322 / Sq Ft
06/16/2015 06/16/15 Sold $495,000 -3.9% $301 / Sq Ft
05/13/2015 05/13/15 Pending -- -- --
04/22/2015 04/22/15 For Sale $515,000 +19.8% $313 / Sq Ft
03/28/2013 03/28/13 Sold $430,000 0.0% $262 / Sq Ft
03/18/2013 03/18/13 For Sale $430,000 -- $262 / 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 $2,407 $17,995 -- --
2024 $2,383 $17,138 -- --
2023 $2,383 $28,140 $5,625 $22,515
2022 $2,298 $20,215 $4,040 $16,175
2021 $2,281 $20,430 $4,085 $16,345
2020 $2,308 $18,890 $3,775 $15,115
2019 $2,304 $17,640 $3,525 $14,115
2018 $2,264 $17,675 $3,535 $14,140
2017 $2,212 $17,075 $3,415 $13,660
2016 $2,148 $14,350 $2,870 $11,480
2015 $1,988 $14,505 $2,900 $11,605
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6690206

Arizona Regional Multiple Listing Service (ARMLS)

APN: 111-08-020