NOT LISTED FOR SALE

1602 Palmcroft Way SW Phoenix, AZ 85007

Estimated Value: $756,000 - $1,283,000

3 Beds
2.5 Baths
2,653 Sq Ft
$419/Sq Ft Est. Value

Last Sold May 21, 2018

Last sale price $575,000 $217 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $6,525/month

63 Days on Market

Highlights

  • Golf Course Community
  • Private Pool
  • Vaulted Ceiling
  • Phoenix Coding Academy Rated A
  • The property is located in a historic district
  • Wood Flooring

About This Home

As of May 2018

Enchanting historic Tudor home in Palmcroft! Original charm throughout, from the hardwood floors, to the kitchen, to the 1930's marble fireplace. The original windows have an amazing modern ''MAGNATITE'' double pane to make them energy efficient. Geo-Thermal HVAC with an out of sight SEER 40 rating! Three bedroom, plus a den and 2.5 bathrooms give this spacious historic home all the modern amenities you crave. Over sized living room and dinning room will give you all the room you need! Backyard is the perfect place for entertaining, complete with a pool! Two car detached garage on a corner lot makes this home very desirable! Located in the premiere historic neighborhood of Palmcroft! Wouldn’t you love to call this home yours?!

Last Agent to Sell the Property

Brad Speck

Realty ONE Group License #SA642878000 Listed on: 01/18/2018

Last Buyer's Agent

Jennifer Hibbard

Twins & Co. Realty, LLC License #BR531556000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,430

Year Built

  • Built in 1936

Lot Details

  • 10,337 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Shake Roof
  • Stucco

Interior Spaces

  • 2,653 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Solar Screens
  • Living Room with Fireplace
  • Eat-In Kitchen
  • Finished Basement

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Pool

  • Private Pool
  • Diving Board

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 Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered patio or porch

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 192
  • Assessor Parcel Number 111-08-048

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Palmcroft 124 250 Subdivision

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,430

Year Built

Built in 1936

Lot Details

0

Parking

2

Listing Details

  • Cross Street: N 15th Ave & W McDowell Rd
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Land Lease Paid Frequency: Annually
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: Y
  • Cooling HVAC SEER Rating: 40
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2013
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2011
  • Items Updated Plmbg Yr Updated: 2013
  • Updated Pool: Partial
  • Items Updated Pool Yr Updated: 2011
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1936
  • Tax Year: 2017
  • Directions: North on 13th Ave. Home is on the SW corner of Palmcroft Way
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.24
  • Subdivision Name: PALMCROFT 124-250
  • Architectural Style: Other (See Remarks)
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Construction Brick: Yes
  • Special Features: None

Interior Features

  • Basement: Finished
  • Flooring: Carpet, Tile, Wood
  • Basement YN: Yes
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 6
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: Master Downstairs, Eat-in Kitchen, 9+ Flat Ceilings, No Interior Steps, Vaulted Ceiling(s), Pantry, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 2653.0
  • Stories: 1
  • Window Features: Sunscreen(s), Dual Pane
  • Community Features:Golf Course: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Community Features:Historic District: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • Other Rooms:Separate Workshop: Yes
  • Basement Description:Finished2: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Alley, Corner Lot, Desert Back, Desert Front, Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: Diving Pool, Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req
  • Home Warranty: Yes
  • Construction Type: Painted, Stucco, Brick
  • Roof: Shake
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

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

Utilities

  • Cooling: Ceiling Fan(s), Other, Refrigeration, See Remarks
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop, Historic District, Golf, Tennis Court(s), Playground, Biking/Walking Path
  • Amenities: Not Managed, 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
  • Association Fees:PAD Paid (Freq)2: Annually

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: Phoenix Prep Academy

Lot Info

  • Land Lease Amount Frequency: Annually
  • Land Lease: No
  • Lot Size Sq Ft: 10337.0
  • Parcel #: 111-08-048
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 3430.0
  • Tax Book Number: 111.00
  • Tax Lot: 192
  • Tax Map Number: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2018
Sold by
Johnson Susan and Melnick Susan M
Bought by
Johnson Susan
Total Days on Market
63
Current Estimated Value
$1,111,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 18, 2018
Closed on
Mar 23, 2018
Sold by
Templeton Todd B and Templeton Drew Derrix
Bought by
Strunk Jamey S and Brien Robert W O
Seller's Agent
Brad Speck
Realty ONE Group
Buyer's Agent
Jennifer Hibbard
Twins & Co. Realty, LLC
List Price
$650,000
Sold Price
$575,000
Premium/Discount to List
-$75,000
-11.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.09%
Original Mortgage
$460,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2014
Sold by
Templeton Todd B and Templeton Drew Derrix
Bought by
Templeton Todd B and Templeton Drew Derrix

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,000
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2013
Sold by
Templeton Todd B and Templeton Drew Derrix
Bought by
Templeton Todd B and Templeton Drew Derrix

Purchase Details

Closed on
Nov 17, 2000
Sold by
Johnson Allen and Frank Johnson Tudi
Bought by
Templeton Todd B and Templeton Drew Derrix

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,350
Interest Rate
7.82%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 22, 1998
Sold by
Hickman Stephen E and Freeman Susan M
Bought by
Johnson Allen and Johnson Tudie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.06%
Mortgage Type
New Conventional
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
Johnson Susan -- Lawyers Title
Strunk Jamey S $575,000 First American Title Insuran
Templeton Todd B -- Performance Title Llc
Templeton Todd B -- None Available
Templeton Todd B $361,500 Transnation Title Insurance
Johnson Allen $219,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strunk Jamey S $456,100
Closed Johnson Susan $146,000
Previous Owner Strunk Jamey S $460,000
Previous Owner Templeton Todd B $326,000
Previous Owner Templeton Todd B $100,000
Previous Owner Templeton Todd B $324,000
Previous Owner Templeton Todd $322,700
Previous Owner Templeton Todd B $275,350
Previous Owner Johnson Allen $100,000
Closed Templeton Todd B $49,960
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2018 05/21/18 Sold $575,000 -8.6% $217 / Sq Ft
03/22/2018 03/22/18 Pending -- -- --
02/19/2018 02/19/18 Price Changed $629,000 -3.2% $237 / Sq Ft
01/18/2018 01/18/18 For Sale $650,000 -- $245 / 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 $3,733 $27,910 -- --
2024 $3,696 $26,581 -- --
2023 $3,696 $38,015 $7,600 $30,415
2022 $3,565 $29,425 $5,885 $23,540
2021 $3,538 $29,400 $5,880 $23,520
2020 $3,579 $27,285 $5,455 $21,830
2019 $3,573 $25,715 $5,140 $20,575
2018 $3,512 $26,860 $5,370 $21,490
2017 $3,430 $25,525 $5,105 $20,420
2016 $3,332 $22,440 $4,485 $17,955
2015 $3,083 $23,285 $4,655 $18,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5711127

Arizona Regional Multiple Listing Service (ARMLS)

APN: 111-08-048