NOT LISTED FOR SALE

1609 Palmcroft Way SW Phoenix, AZ 85007

Estimated Value: $1,192,769 - $1,275,000

3 Beds
3.5 Baths
2,579 Sq Ft
$475/Sq Ft Est. Value

Last Sold March 21, 2024

Last sale price $1,265,000 $491 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $7,050/month

6 Days on Market

Highlights

  • Guest House
  • Heated Pool
  • Wood Flooring
  • Phoenix Coding Academy Rated A
  • Fireplace in Primary Bedroom
  • Hydromassage or Jetted Bathtub

About This Home

As of March 2024

Gorgeous Ranch style home located in the heart of the highly sought after Encanto-Palmcroft Historic District! The Main house has 2 large bedrooms, 2.5 baths + den/ sitting room, & the Pool house/Casita has a full bathroom, kitchenette & custom built-in desk, murphy bed and cabinets (458 SF). Upon entering the main home you'll notice how the natural light bounces off the recently painted interior giving the home a fresh cozy-warm feeling. Enjoy preparing meals in your gourmet kitchen with granite countertops, Viking appliances & walk-in pantry! Savor your mornings with a cup of coffee in the sitting room or breakfast nook. Entertain dinner guests in the formal dining room. Relax in your resort-like backyard where you'll find a heated pool & spa!

Last Agent to Sell the Property

Angela MacDonald

Equities Real Estate License #SA690693000 Listed on: 02/11/2024

Last Buyer's Agent

Jaysen Morse

Compass License #SA567917000

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,383

Year Built

  • Built in 1951

Lot Details

  • 9,819 Sq Ft Lot
  • Desert faces the back of the property
  • Wood Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

Parking

  • 3 Open Parking Spaces
  • 1 Car Garage

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Shake Roof
  • Block Exterior

Interior Spaces

  • 2,579 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Double Pane Windows
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 3.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub

Pool

  • Heated Pool
  • Diving Board
  • Heated Spa

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Patio
  • Guest House

Community Details

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

Listing and Financial Details

  • Tax Lot 228
  • Assessor Parcel Number 111-08-084

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,383

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Cross Street: 7th Ave and McDowell Rd
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2015
  • Updated Heating or Cooling Units: Partial
  • Updated Kitchen: Partial
  • Items Updated Roof Yr Updated: 2016
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1951
  • Spa Private: Yes
  • Tax Year: 2023
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.23
  • Subdivision Name: PALMCROFT 124-250
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Appraiser
  • Cooling:Central Air: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone, Wood
  • Basement YN: No
  • Spa Features: Heated, Private
  • Possible Bedrooms: 5
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, No Interior Steps, Kitchen Island, Pantry, Full Bth Master Bdrm, Tub with Jets
  • Living Area: 2579.0
  • Stories: 1
  • Window Features: Dual Pane
  • ResoLivingAreaSource: Appraiser
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wood
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Grass Front, Grass Back
  • Pool Features: Diving Pool, Heated, Private
  • Pool Private: Yes
  • Disclosures: None
  • Construction Type: Brick Veneer, Wood Frame, Painted, Block
  • Other Structures: Separate Guest House
  • Patio And Porch Features: Patio
  • Roof: Shake
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Separate Guest House: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Open Parking Spaces: 3.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • 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
  • Middle Or Junior School: Phoenix Prep Academy

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9819.0
  • Parcel #: 111-08-084
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: N/A

Tax Info

  • Tax Annual Amount: 2382.66
  • Tax Book Number: 111.00
  • Tax Lot: 228
  • Tax Map Number: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2024
Closed on
Mar 21, 2024
Sold by
Phillips 2018 Revocable Trust
Bought by
Sharma Manoj
Seller's Agent
Angela MacDonald
Equities Real Estate
Buyer's Agent
Jaysen Morse
Compass
List Price
$1,275,000
Sold Price
$1,265,000
Premium/Discount to List
-$10,000
-0.78%
Total Days on Market
6
Views
29
Current Estimated Value
$1,224,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$40,308
Avg. Annual Appreciation
-2.62%
Original Mortgage
$948,750
Outstanding Balance
$938,424
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$286,268

Purchase Details

Closed on
Dec 22, 2018
Sold by
Phillips Michael A and Phillips Lucy M
Bought by
Phillips Michael A and Phillips Lucy M

Purchase Details

Listed on
Sep 17, 2015
Closed on
Nov 4, 2015
Sold by
Hsbc Bank Usa National Association
Bought by
Phillips Michael A and Phillips Lucy M
Seller's Agent
Gary Kahn
Keller Williams Arizona Realty
Buyer's Agent
Ross Ferraro
My Home Group Real Estate
List Price
$499,900
Sold Price
$495,000
Premium/Discount to List
-$4,900
-0.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.93%
Original Mortgage
$417,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2015
Sold by
Browning James A
Bought by
Hsbc Bank Usa National Assocaition

Purchase Details

Closed on
Mar 6, 2007
Sold by
Browning James A
Bought by
Browning James A and The Browning Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,900
Interest Rate
6.31%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 13, 2007
Sold by
Batdorf Phil A
Bought by
Browning James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,900
Interest Rate
6.31%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 8, 2005
Sold by
Scagnelli Sarah and Derosa Marilyn
Bought by
Batdorf Phil A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.76%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 21, 1996
Sold by
Winter Matthew Francis and Winter Julia Neill
Bought by
Scagnelli Sarah and Derosa Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
7.84%
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
Sharma Manoj $1,265,000 Wfg National Title Insurance C
Phillips Michael A -- None Available
Phillips Michael A $495,000 First American Title
Hsbc Bank Usa National Assocaition $615,000 Accommodation
Browning James A -- First American Title
Browning James A $839,000 Title Partners Of Phoenix Ll
Batdorf Phil A $571,000 --
Scagnelli Sarah $215,000 United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharma Manoj $948,750
Closed Phillips 2018 Revocable Trust $164,784
Previous Owner Phillips Michael A $469,300
Previous Owner Phillips Michael A $418,800
Previous Owner Phillips Michael A $420,000
Previous Owner Phillips Michael A $417,000
Previous Owner Browning James A $83,900
Previous Owner Browning James A $671,200
Previous Owner Batdorf Phil A $50,000
Previous Owner Batdorf Phil A $456,800
Previous Owner Scagnelli Sarah $200,000
Previous Owner Scagnelli Sarah $159,500
Previous Owner Scagnelli Sarah $159,500
Previous Owner Scagnelli Sarah $172,000
Closed Winter Matthew F --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2024 03/21/24 Sold $1,265,000 -0.8% $491 / Sq Ft
03/07/2024 03/07/24 For Sale $1,275,000 +0.8% $494 / Sq Ft
02/22/2024 02/22/24 Off Market $1,265,000 -- --
02/17/2024 02/17/24 Price Changed $1,275,000 -3.8% $494 / Sq Ft
02/11/2024 02/11/24 For Sale $1,325,000 +167.7% $514 / Sq Ft
11/16/2015 11/16/15 Sold $495,000 -1.0% $193 / Sq Ft
10/12/2015 10/12/15 Pending -- -- --
09/17/2015 09/17/15 For Sale $499,900 -- $195 / 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 $2,406 $17,992 -- --
2024 $2,383 $17,135 -- --
2023 $2,383 $31,810 $6,360 $25,450
2022 $2,298 $24,210 $4,840 $19,370
2021 $2,281 $24,590 $4,915 $19,675
2020 $2,307 $22,800 $4,560 $18,240
2019 $2,303 $21,655 $4,330 $17,325
2018 $2,386 $19,855 $3,970 $15,885
2017 $2,331 $19,225 $3,845 $15,380
2016 $2,264 $16,375 $3,275 $13,100
2015 $2,095 $16,525 $3,305 $13,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6661076

Arizona Regional Multiple Listing Service (ARMLS)

APN: 111-08-084