NOT LISTED FOR SALE

1530 W Palm Ln Phoenix, AZ 85007

Estimated Value: $590,000 - $673,000

3 Beds
2.5 Baths
1,605 Sq Ft
$391/Sq Ft Est. Value

Last Sold July 16, 2019

Last sale price $347,000 $216 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,737/month

43 Days on Market

Highlights

  • Guest House
  • The property is located in a historic district
  • Gated Parking
  • Maie Bartlett Heard Elementary School Rated 9+
  • RV Gated
  • Outdoor Fireplace

About This Home

As of July 2019

Beautiful red brick bungalow with over sized office/bonus room! The office/bonus room has closets, an extra seating area, bathroom, and plumbing for a kitchenette. This historic home has been upgraded throughout and very well cared for. Large kitchen and spacious dining area. East facing windows bring light into the living room. Charming white brick and wood burning fireplace. Cool paint tones and wainscoting throughout house. Beautiful desert landscaping in the front yard and a tranquil shady patio in the backyard. The outdoor fireplace and built in grill are perfect for entertaining guests. Mature trees provide privacy to this large corner lot. A very convenient electronic gate opens to a detached garage and covered parking. Minutes to the Encanto golf course and park with amenities that include a pool, tennis, playground, racquetball, walking path, amusement park, and lagoon. Easy access to the freeway and central Phoenix restaurants and shopping.

Last Agent to Sell the Property

Michelle Perry

Coldwell Banker Realty License #SA672363000 Listed on: 04/28/2019

Coldwell Banker Realty

Last Buyer's Agent

Stacie Sheridan

Saguaro Mountain Realty Inc. License #BR105858000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,845

Year Built

  • Built in 1940

Lot Details

  • 7,492 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Corner Lot

Parking

  • 1 Car Garage
  • 1 Carport Space
  • Garage Door Opener
  • Gated Parking
  • RV Gated

Home Design

  • Brick Exterior Construction
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 1,605 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Tile Flooring
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Outdoor Fireplace

Location

  • Property is near a bus stop
  • The property is located in a historic district

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

  • No Interior Steps
  • Guest House

Community Details

  • No Home Owners Association
  • Fairview Place Blks 5 8 Subdivision

Listing and Financial Details

  • Legal Lot and Block 99 / 2
  • Assessor Parcel Number 111-06-104

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,845

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Cross Street: 7th Ave & 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: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1940
  • Tax Year: 2018
  • Directions: West on McDowell, Right on Laurel, Left on Palm Ln.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.17
  • Subdivision Name: FAIRVIEW PLACE BLKS 5-8
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Construction Brick: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Exterior Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: No Interior Steps, Pantry, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 1605.0
  • Stories: 1
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Fireplace:Exterior Fireplace: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:BonusGame Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Community Features:Historic District: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Patio
  • Lot Features: Corner Lot, Desert Back, Desert Front
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Brick Veneer, Block, Brick
  • Other Structures: Guest House
  • Roof: Tile
  • Construction:Block: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Separate Guest House: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener, RV Gate, Separate Strge Area, Gated
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Garage Spaces: 1.0
  • Open Parking Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:Gated Parking: Yes
  • Parking Features:Separate Strge Area: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Near Bus Stop, Historic District
  • 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: 7492.0
  • Parcel #: 111-06-104
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 2845.0
  • Tax Block: 2
  • Tax Book Number: 111.00
  • Tax Lot: 99
  • Tax Map Number: 6.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2019
Closed on
Jul 2, 2019
Sold by
No Place Like Home Student Rentals Llc
Bought by
Rollison Sherri T
Seller's Agent
Michelle Perry
Coldwell Banker Realty
Buyer's Agent
Stacie Sheridan
Saguaro Mountain Realty Inc.
List Price
$370,000
Sold Price
$347,000
Premium/Discount to List
-$23,000
-6.22%
Total Days on Market
43
Current Estimated Value
$628,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,318
Avg. Annual Appreciation
10.59%
Original Mortgage
$312,300
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2012
Sold by
Cohen Joel and Cohen Donna V
Bought by
No Place Like Home Student Rentals Llc

Purchase Details

Listed on
Sep 23, 2011
Closed on
Apr 25, 2012
Sold by
Williams Peggy Ruth
Bought by
Cohen Joel and Cohen Donna
Seller's Agent
Kathy Camamo
Amazing AZ Homes
Buyer's Agent
Aza Wintersieck
Keller Williams Realty Sonoran Living
List Price
$171,000
Sold Price
$155,000
Premium/Discount to List
-$16,000
-9.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.27%
Original Mortgage
$116,250
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2010
Sold by
Staggs Alan and Staggs Alan L
Bought by
Staggs Alan Lee and Uta Alan Lee Staggs Trust

Purchase Details

Closed on
Apr 27, 2007
Sold by
Staggs Alan
Bought by
Staggs Alan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,725
Interest Rate
6.04%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jan 31, 1997
Sold by
Staggs Altha C
Bought by
Staggs Altha C and The Rose Garden Trust
Source: Public Records

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Range of Values:

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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
Rollison Sherri T $347,000 Equity Title Agency Inc
No Place Like Home Student Rentals Llc -- None Available
Cohen Joel $155,000 Millenium Title Agency Llc
Staggs Alan Lee -- None Available
Staggs Alan L -- None Available
Staggs Altha C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rollison Sherri T $316,300
Closed Rollison Sherri T $312,300
Previous Owner Cohen Joel $116,250
Previous Owner Staggs Alan L $394,725
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2019 07/16/19 Sold $347,000 -3.3% $216 / Sq Ft
05/28/2019 05/28/19 Price Changed $359,000 -3.0% $224 / Sq Ft
04/28/2019 04/28/19 For Sale $370,000 +138.7% $231 / Sq Ft
04/30/2012 04/30/12 Sold $155,000 0.0% $87 / Sq Ft
02/02/2012 02/02/12 Pending -- -- --
02/02/2012 02/02/12 Price Changed $155,000 -3.7% $87 / Sq Ft
11/17/2011 11/17/11 Price Changed $161,000 -5.8% $91 / Sq Ft
09/23/2011 09/23/11 For Sale $171,000 -- $96 / 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 $2,680 $22,605 -- --
2024 $2,654 $21,529 -- --
2023 $2,654 $42,380 $8,470 $33,910
2022 $2,553 $34,400 $6,880 $27,520
2021 $2,555 $30,330 $6,060 $24,270
2020 $2,592 $27,120 $5,420 $21,700
2019 $2,894 $22,950 $4,590 $18,360
2018 $2,845 $21,920 $4,380 $17,540
2017 $2,778 $20,400 $4,080 $16,320
2016 $1,531 $14,620 $2,920 $11,700
2015 $1,417 $13,070 $2,610 $10,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5918009

Arizona Regional Multiple Listing Service (ARMLS)

APN: 111-06-104