NOT LISTED FOR SALE

Estimated Value: $877,000 - $993,000

3 Beds
2 Baths
2,250 Sq Ft
$414/Sq Ft Est. Value

Last Sold July 13, 2016

Last sale price $401,000 $178 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $5,160/month

146 Days on Market

Highlights

  • Guest House
  • Wood Flooring
  • Granite Countertops
  • Phoenix Coding Academy Rated A
  • 1 Fireplace
  • No HOA

About This Home

As of July 2016

Historic Palmcroft Neighborhood! This charming home on Palm Lane in the Palmcroft district offers 3 Bedrooms, 2 Baths with a detached Guest House that includes a Bath and Kitchen! The large living room is perfect for entertaining and the dining room looks out through the Arizona Room and into the rear yard. This neighborhood offers charm, character and history and this lovely home is a reflection of all that is great about the area. A North/South homesite offers a sunny rear yard to enjoy the Arizona outdoors! The home retains much of the original tile and fixtures and has been updated in other areas. Just steps away from the Rose Garden, Encanto Park and all the amenities of downtown living! If your looking to live in historic Phoenix you will want to see this home today!

Last Agent to Sell the Property

Craig Bennett

Russ Lyon Sotheby's International Realty License #BR024633000 Listed on: 10/31/2015

Russ Lyon Sotheby's International Realty

Co-Listed By

Amy Miller

My Home Group Real Estate License #SA550634000

Last Buyer's Agent

Kimberly Healy Franzetti

West USA Realty License #SA514237000

West USA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,201

Year Built

  • Built in 1940

Lot Details

  • 8,250 Sq Ft Lot
  • Wood Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 4 Open Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 2,250 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Stacked Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Kenilworth Elementary School
  • Phoenix Prep Academy Middle School
  • Central High School

Utilities

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

Additional Features

  • Covered Patio or Porch
  • Guest House

Community Details

  • No Home Owners Association
  • Palmcroft 124 250, Lot 159 Subdivision

Listing and Financial Details

  • Tax Lot 159
  • Assessor Parcel Number 111-08-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,201

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Cross Street: 7th Ave and McDowell
  • Legal Info Range: 3E
  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 4.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1940
  • Tax Year: 2015
  • Directions: West to 13th Ave, North to Palm Lane, Left to home on Right.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.19
  • Co List Office Mls Id: essp01
  • Co List Office Phone: 623-934-9119
  • Subdivision Name: PALMCROFT 124-250, LOT 159
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Owner
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Construction Brick: Yes
  • Laundry:Stacked WasherDryer: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, High Speed Internet, Granite Counters
  • Living Area: 2250.0
  • Stories: 1
  • ResoLivingAreaSource: Owner
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes

Exterior Features

  • Fencing: Wood
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Brick
  • Other Structures: Guest House
  • Roof: Composition
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Separate Guest House: Yes

Garage/Parking

  • Open Parking Spaces: 4.0

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Laundry Features: Dryer Included, Stacked Washer/Dryer, Washer Included
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %
  • Association Fee Incl:No Fees: Yes

Schools

  • Elementary School: Kenilworth Elementary School
  • High School: Central High School
  • Middle Or Junior School: Phoenix Prep Academy

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8250.0
  • Parcel #: 111-08-015
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 2201.0
  • Tax Book Number: 111.00
  • Tax Lot: 159
  • Tax Map Number: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2015
Closed on
May 18, 2016
Sold by
Russell Gregory
Bought by
Arredondo Kerry P
Seller's Agent
Craig Bennett
Russ Lyon Sotheby's International Realty
Buyer's Agent
Kimberly Healy Franzetti
West USA Realty
List Price
$419,000
Sold Price
$401,000
Premium/Discount to List
-$18,000
-4.3%
Current Estimated Value
$931,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$530,445
Avg. Annual Appreciation
9.58%
Original Mortgage
$175,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 7, 2012
Closed on
Mar 8, 2013
Sold by
Godsey Stephen and Howard Granderson C
Bought by
Russell Gregory
Seller's Agent
Clyde Granderson
HomeSmart
Buyer's Agent
Gene Urban
AZ Brokerage Holdings, LLC
List Price
$383,900
Sold Price
$370,500
Premium/Discount to List
-$13,400
-3.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.40%
Original Mortgage
$333,450
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2008
Sold by
Giardina Elizabeth
Bought by
Godsey Stephen and Howard Granderson C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2007
Sold by
Dkings Properties Llc
Bought by
Giardina Elizabeth

Purchase Details

Closed on
Mar 9, 2007
Sold by
Miaa 44 Enterprises Llc
Bought by
Dkings Properties Llc

Purchase Details

Closed on
Feb 2, 2007
Sold by
Gray Joseph
Bought by
Miaa 44 Enterprises Llc

Purchase Details

Closed on
Oct 11, 2005
Sold by
Fischer Anthony T and Fischer Donna M
Bought by
Gray Joseph A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
8.2%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 30, 1997
Sold by
Brightwell Thomas O and Brightwell Christie Joan
Bought by
Fischer Anthony T and Fischer Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,050
Interest Rate
7.34%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Arredondo Kerry P $401,000 Lawyers Title Of Arizona Inc
Russell Gregory $370,500 Chicago Title Agency Inc
Godsey Stephen -- Equity Title Agency Inc
Giardina Elizabeth -- None Available
Dkings Properties Llc -- None Available
Miaa 44 Enterprises Llc $454,254 First American Title
Gray Joseph A $535,000 Security Title Agency Inc
Fischer Anthony T $171,650 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arredondo Kerry P $175,000
Previous Owner Russell Gregory $333,450
Previous Owner Godsey Stephen $276,000
Previous Owner Gray Joseph A $428,000
Previous Owner Fischer Anthony T $163,050
Closed Gray Joseph A $107,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2016 07/13/16 Sold $401,000 -4.3% $178 / Sq Ft
04/19/2016 04/19/16 For Sale $419,000 0.0% $186 / Sq Ft
03/24/2016 03/24/16 Pending -- -- --
02/26/2016 02/26/16 Price Changed $419,000 -2.3% $186 / Sq Ft
01/08/2016 01/08/16 Price Changed $429,000 -2.3% $191 / Sq Ft
10/30/2015 10/30/15 For Sale $439,000 +18.5% $195 / Sq Ft
03/13/2013 03/13/13 Sold $370,500 -3.5% $165 / Sq Ft
02/11/2013 02/11/13 For Sale $383,900 0.0% $171 / Sq Ft
02/10/2013 02/10/13 Pending -- -- --
01/05/2013 01/05/13 Price Changed $383,900 -1.5% $171 / Sq Ft
12/20/2012 12/20/12 Price Changed $389,900 -1.3% $173 / Sq Ft
12/07/2012 12/07/12 Price Changed $394,900 -1.2% $176 / Sq Ft
10/05/2012 10/05/12 Price Changed $399,500 -2.0% $178 / Sq Ft
08/24/2012 08/24/12 Price Changed $407,500 -1.7% $181 / Sq Ft
08/07/2012 08/07/12 For Sale $414,500 -- $184 / 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 $2,664 $19,924 -- --
2024 $2,638 $18,975 -- --
2023 $2,638 $30,350 $6,070 $24,280
2022 $2,545 $21,790 $4,355 $17,435
2021 $2,526 $22,235 $4,445 $17,790
2020 $2,555 $20,565 $4,110 $16,455
2019 $2,551 $19,365 $3,870 $15,495
2018 $2,507 $19,130 $3,825 $15,305
2017 $2,449 $18,190 $3,635 $14,555
2016 $2,379 $15,415 $3,080 $12,335
2015 $2,201 $15,985 $3,195 $12,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5356077

Arizona Regional Multiple Listing Service (ARMLS)

APN: 111-08-015