NOT LISTED FOR SALE

1607 Palmcroft Way SE Phoenix, AZ 85007

Estimated Value: $740,000 - $979,000

2 Beds
2 Baths
1,585 Sq Ft
$509/Sq Ft Est. Value

Last Sold February 16, 2022

Last sale price $710,000 $448 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,478/month

12 Days on Market

Highlights

  • The property is located in a historic district
  • Wood Flooring
  • Private Yard
  • Phoenix Coding Academy Rated A
  • Granite Countertops
  • No HOA

About This Home

As of February 2022

Located in the Encanto-Palmcroft Historic neighborhood & often times referred to as the Beverly Hills of downtown Phoenix with its winding and curved streets and mature vegetation, this neighborhood captures some of the most exquisite historic homes of Phoenix. Built in 1939, the floor plan is well suited for present day modern living with large rooms, two car garage, primary bedroom with ensuite, updated chefs kitchen featuring Alder cabinetry, granite counters, Subzero and Viking appliances, 6 burner gas range and spacious breakfast nook. Beautiful oak flooring, crown molding and shutters! Built originally as a two bedroom plus office, the layout is conducive to a 3rd bedroom. Private backyard oasis with lush vegetation, green grass and covered patio. This one is not to be missed!

Last Agent to Sell the Property

Shane Burleson

Keller Williams Arizona Realty License #SA643502000 Listed on: 12/15/2021

Keller Williams Arizona Realty

Co-Listed By

melinda murphy

Keller Williams Arizona Realty License #BR117767000

Last Buyer's Agent

Hillary Gurley

Russ Lyon Sotheby's International Realty License #SA643533000

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,262

Year Built

  • Built in 1939

Lot Details

  • 9,098 Sq Ft Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1,585 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • Living Room with Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Gas Cooktop
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Outdoor Features

  • Covered patio or porch

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

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Encanto Palmcroft Subdivision

Listing and Financial Details

  • Tax Lot 221
  • Assessor Parcel Number 111-08-077

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,262

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Cross Street: 7th Ave & McDowell
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Items Updated Plmbg Yr Updated: 2004
  • Items Updated Wiring Yr Updated: 2004
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1939
  • Tax Year: 2021
  • Directions: West on McDowell; North on 13th Ave.; East on Palmcroft Way SE to your new home on left.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.21
  • Co List Office Mls Id: kwbp01
  • Co List Office Phone: 602-553-4400
  • Subdivision Name: ENCANTO 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: 2
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: Full Bth Master Bdrm, High Speed Internet, Granite Counters
  • Living Area: 1585.0
  • Stories: 1
  • Window Features: Skylight(s)
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Community Features:Historic District: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio, Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, 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:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Electric: 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 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: Phoenix Prep Academy

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9098.0
  • Parcel #: 111-08-077
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 2262.0
  • Tax Book Number: 111.00
  • Tax Lot: 221
  • Tax Map Number: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2023
Sold by
Barnes George E
Bought by
Barnes Virginia T
Total Days on Market
12
Current Estimated Value
$806,392

Purchase Details

Listed on
Dec 15, 2021
Closed on
Feb 9, 2022
Sold by
Tucker Keith E and Suder Doris
Bought by
Barnes Virginia and Barnes George
Seller's Agent
Shane Burleson
Keller Williams Arizona Realty
Buyer's Agent
Hillary Gurley
Russ Lyon Sotheby's International Realty
List Price
$714,900
Sold Price
$710,000
Premium/Discount to List
-$4,900
-0.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.92%
Original Mortgage
$382,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2011
Sold by
Mccann Michael
Bought by
Tucker Keith E and Damron Doris Suder

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2003
Sold by
Gray Julia W
Bought by
Mccann Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
5.37%
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
Barnes Virginia T -- None Listed On Document
Barnes Virginia $707,809 Old Republic Title
Tucker Keith E $300,000 Security Title Agency
Mccann Michael $285,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnes Virginia T $55,000
Previous Owner Barnes Virginia $382,000
Previous Owner Tucker Keith E $218,000
Previous Owner Tucker Keith E $240,000
Previous Owner Mccann Michael $150,000
Previous Owner Mccann Michael P $256,000
Previous Owner Mccann Michael $256,500
Closed Gray Julia W --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2022 02/16/22 Sold $710,000 -0.7% $448 / Sq Ft
12/15/2021 12/15/21 For Sale $714,900 0.0% $451 / Sq Ft
11/01/2015 11/01/15 Rented $1,600 0.0% --
10/08/2015 10/08/15 For Rent $1,600 -- --
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 $2,386 $17,845 -- --
2024 $2,363 $16,995 -- --
2023 $2,363 $28,305 $5,660 $22,645
2022 $2,279 $20,460 $4,090 $16,370
2021 $2,262 $20,825 $4,165 $16,660
2020 $2,288 $19,465 $3,890 $15,575
2019 $2,284 $18,140 $3,625 $14,515
2018 $2,246 $17,490 $3,495 $13,995
2017 $2,193 $16,935 $3,385 $13,550
2016 $2,130 $14,355 $2,870 $11,485
2015 $1,971 $14,385 $2,875 $11,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6332222

Arizona Regional Multiple Listing Service (ARMLS)

APN: 111-08-077