NOT LISTED FOR SALE

1602 W Palm Ln Phoenix, AZ 85007

Estimated Value: $489,105 - $561,000

3 Beds
2 Baths
1,193 Sq Ft
$442/Sq Ft Est. Value

Last Sold November 01, 2013

Last sale price $200,000 $168 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $3,031/month

190 Days on Market

Highlights

  • The property is located in a historic district
  • RV Gated
  • Wood Flooring
  • Maie Bartlett Heard Elementary School Rated 9+
  • Property is near public transit
  • Corner Lot

About This Home

As of November 2013

Charming Red Brick Historic Home! This home has updated kitchen that features new cabinetry,granite countertops,stainless appliances.
Bathrooms have been updated with new vanities, granite countertops, new tile in bath & shower surrounds.Throughout home you will find many original historic features including all original wood flooring,original doors & hardware,original milk box & telephone niche.Home has 3 bedrooms,2 bathrooms,family room,dining room,inside laundry, detached garage,covered front porch, very large yard on corner lot, covered back patio.Location,Location,Location! Home is in the highly sought after Historic District in downtown Phoenix close to Encanto golf course and Encanto park,close to light rail,shopping,schools,and restaurants. NOT a short sale,Bank owned OR flip

Last Agent to Sell the Property

Jennifer Ronning

eXp Realty License #SA632217000 Listed on: 04/12/2013

eXp Realty

Last Buyer's Agent

Sabrina Choi

Arizona Network Realty License #SA585652000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,134

Year Built

  • Built in 1941

Lot Details

  • 7,344 Sq Ft Lot
  • Block Wall Fence
  • Corner Lot
  • Grass Covered Lot

Parking

  • 1 Car Detached Garage
  • 2 Open Parking Spaces
  • Side or Rear Entrance to Parking
  • RV Gated

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1,193 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Built-In Microwave
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Bathrooms

Location

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

Schools

  • Kenilworth Elementary School
  • Central High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered patio or porch

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Fairview Place Subdivision

Listing and Financial Details

  • Tax Lot 99
  • Assessor Parcel Number 111-06-156

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,134

Year Built

Built in 1941

Lot Details

0

Parking

1

Listing Details

  • Cross Street: Encanto & 15th AVE
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2013
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2012
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2013
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Year Built: 1941
  • Tax Year: 2012
  • Directions: West on Encanto, South on 16th AVE to Palm Ln, home on NWC 16th Ave & Palm Ln
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.17
  • Subdivision Name: FAIRVIEW PLACE
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Assessor
  • Construction Brick: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Tile, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: No Interior Steps, Pantry, 3/4 Bath Master Bdrm, High Speed Internet, Granite Counters
  • Living Area: 1193.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Historic District: Yes
  • Other Rooms:Separate Workshop: Yes
  • Community Features:Near Light Rail Stop: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s)
  • Lot Features: Alley, Corner Lot, Grass Front, Grass Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Brick Veneer, Brick
  • Roof: Composition
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: RV Gate, Side Vehicle Entry, Detached, RV Access/Parking
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Open Parking Spaces: 2.0
  • Parking Features:RV Gate: Yes
  • Parking Features:RV Parking: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Detached: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Near Light Rail Stop, 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

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7344.0
  • Parcel #: 111-06-156
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Annual Amount: 2134.16
  • 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 12, 2013
Closed on
Oct 31, 2013
Sold by
Jannenga Heidi and Wutscher Heidi
Bought by
Moore Genia
Seller's Agent
Jennifer Ronning
eXp Realty
Buyer's Agent
Sabrina Choi
Arizona Network Realty
List Price
$235,000
Sold Price
$200,000
Premium/Discount to List
-$35,000
-14.89%
Total Days on Market
190
Current Estimated Value
$527,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,776
Avg. Annual Appreciation
8.94%

Purchase Details

Closed on
Jul 27, 1999
Sold by
Patrick Mary E
Bought by
Wutscher Heidi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
7.64%
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
Moore Genia $200,000 Grand Canyon Title Agency In
Wutscher Heidi $109,000 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wutscher Heidi D $102,790
Previous Owner Wutscher Heidi $103,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2013 11/01/13 Sold $200,000 -3.8% $168 / Sq Ft
10/18/2013 10/18/13 Pending -- -- --
10/06/2013 10/06/13 Price Changed $208,000 -0.5% $174 / Sq Ft
10/02/2013 10/02/13 Price Changed $209,000 -0.5% $175 / Sq Ft
08/26/2013 08/26/13 Price Changed $210,000 -4.5% $176 / Sq Ft
08/04/2013 08/04/13 Price Changed $220,000 +0.5% $184 / Sq Ft
08/02/2013 08/02/13 Price Changed $219,000 -0.5% $184 / Sq Ft
07/13/2013 07/13/13 Price Changed $220,000 -3.5% $184 / Sq Ft
05/21/2013 05/21/13 Price Changed $228,000 -3.0% $191 / Sq Ft
05/20/2013 05/20/13 For Sale $235,000 0.0% $197 / Sq Ft
05/12/2013 05/12/13 Pending -- -- --
04/11/2013 04/11/13 For Sale $235,000 -- $197 / 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 $818 $6,114 -- --
2024 $810 $5,823 -- --
2023 $810 $18,600 $3,720 $14,880
2022 $781 $14,685 $2,935 $11,750
2021 $775 $13,435 $2,685 $10,750
2020 $784 $12,730 $2,545 $10,185
2019 $783 $10,625 $2,125 $8,500
2018 $769 $10,090 $2,015 $8,075
2017 $752 $9,385 $1,875 $7,510
2016 $1,291 $16,050 $3,210 $12,840
2015 $1,176 $12,560 $2,510 $10,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4919553

Arizona Regional Multiple Listing Service (ARMLS)

APN: 111-06-156