Seller's Agent in 2025
Cody Leslie
Orion Investment Real Estate
(505) 980-3726
2 Total Sales
1620 E Palm Ln Phoenix, AZ 85006
--
Bed
--
Bath
1,276
Sq Ft
1947
Built
Highlights
- Cooling System Mounted To A Wall/Window
- Concrete Flooring
- Window Unit Heating System
- Phoenix Coding Academy Rated A
About This Home
As of November 2019Super large lot! Currently the property is being rented as studios with all utilities paid. Building One has 3 units only 1 is occupied. Building Two has 4 units and needs work.... This is a seller carry opportunity. Bring all offers! Buyer to verify all items prior to close of escrow.
Last Agent to Sell the Property
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler License #BR517153000 Listed on: 02/13/2014
Co-Listed By
Lois Kaipainen
Income Property Shop License #SA567276000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $663
Year Built
- Built in 1947
Home Design
- Built-Up Roof
- Block Exterior
- Stucco
Flooring
- Concrete Flooring
Parking
- 7 Open Parking Spaces
- 7 Parking Spaces
Utilities
- Cooling System Mounted To A Wall/Window
- Window Unit Heating System
Listing and Financial Details
- Tenant pays for cable TV
- The owner pays for trash collection, water, sewer, landscaping
- Tax Lot 10
- Assessor Parcel Number 117-15-082
Community Details
Overview
- 2 Buildings
- 7 Units
- Building Dimensions are irr
Building Details
- Operating Expense $16,363
- Net Operating Income $17,552
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 2, 2021
Sold by
Lu Jing and Short Bodhi
Bought by
Pyr Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Outstanding Balance
$373,943
Interest Rate
2.6%
Mortgage Type
Commercial
Estimated Equity
$530,831
Purchase Details
Listed on
Oct 2, 2019
Closed on
Oct 30, 2019
Sold by
Bryan Schlueter Pllc
Bought by
Lu Jing and Short Bodhi
Seller's Agent
Dallin Hammond
ABI Multifamily
Buyer's Agent
Alexandra Pfannenstiel
My Home Group Real Estate
List Price
$575,000
Sold Price
$520,000
Premium/Discount to List
-$55,000
-9.57%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.20%
Original Mortgage
$442,000
Interest Rate
3.7%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 29, 2017
Sold by
Scooter Investments Llc
Bought by
Bryan Schlueter Pllc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
3.88%
Mortgage Type
Seller Take Back
Purchase Details
Listed on
Feb 13, 2014
Closed on
Mar 18, 2014
Sold by
Roselawn Llc
Bought by
Scooter Investments Llc
Seller's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Jared Piper
My Home Group Real Estate
List Price
$145,000
Sold Price
$135,000
Premium/Discount to List
-$10,000
-6.9%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.28%
Original Mortgage
$94,500
Interest Rate
4.18%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jul 13, 2009
Sold by
Sharp Greg and Sharp Theresa
Bought by
Roselawn Llc
Purchase Details
Closed on
Mar 1, 2007
Sold by
Sharp Greg J
Bought by
P38 Uranium
Purchase Details
Closed on
Jun 21, 2005
Sold by
Sharp Theresa
Bought by
Sharp Greg
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.72%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 16, 2005
Sold by
Eastwood Charles H
Bought by
Sharp Greg
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.72%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 8, 2002
Sold by
Jones Thatcher D and Jones Donna M
Bought by
Eastwood Charles H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.99%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Oct 19, 2000
Sold by
Jones Robert G
Bought by
Jones Thatcher D and Jones Donna M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | -- | Grand Canyon Title Agency | |
| Warranty Deed | $520,000 | Grand Canyon Title Agency | |
| Special Warranty Deed | $331,500 | Fidelity National Title Agen | |
| Warranty Deed | $135,000 | Chicago Title Agency | |
| Deed In Lieu Of Foreclosure | -- | None Available | |
| Special Warranty Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Cash Sale Deed | $270,000 | Chicago Title Insurance Co | |
| Warranty Deed | $250,000 | Chicago Title Insurance Co | |
| Interfamily Deed Transfer | $66,500 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $415,000 | Commercial | |
| Previous Owner | $442,000 | Commercial | |
| Previous Owner | $280,000 | Seller Take Back | |
| Previous Owner | $94,500 | Seller Take Back | |
| Previous Owner | $175,000 | New Conventional | |
| Previous Owner | $225,000 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/11/2025 06/11/25 | Price Changed | $999,999 | 0.0% | -- |
| 05/22/2025 05/22/25 | For Sale | $1,000,000 | +92.3% | -- |
| 11/05/2019 11/05/19 | Sold | $520,000 | -9.6% | $408 / Sq Ft |
| 10/02/2019 10/02/19 | For Sale | $575,000 | 0.0% | $451 / Sq Ft |
| 06/24/2019 06/24/19 | Rented | $850 | 0.0% | -- |
| 06/07/2019 06/07/19 | Under Contract | -- | -- | -- |
| 04/25/2019 04/25/19 | For Rent | $850 | 0.0% | -- |
| 03/21/2014 03/21/14 | Sold | $135,000 | -6.9% | $106 / Sq Ft |
| 03/06/2014 03/06/14 | Pending | -- | -- | -- |
| 01/15/2014 01/15/14 | For Sale | $145,000 | -- | $114 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,178 | $9,061 | -- | -- |
| 2024 | $1,164 | $8,629 | -- | -- |
| 2023 | $1,164 | $40,580 | $8,110 | $32,470 |
| 2022 | $1,119 | $29,360 | $5,870 | $23,490 |
| 2021 | $1,146 | $24,720 | $4,940 | $19,780 |
| 2020 | $1,118 | $21,450 | $4,290 | $17,160 |
| 2019 | $1,110 | $18,700 | $3,740 | $14,960 |
| 2018 | $1,087 | $14,560 | $2,910 | $11,650 |
| 2017 | $1,045 | $13,550 | $2,710 | $10,840 |
| 2016 | $1,005 | $11,180 | $2,230 | $8,950 |
| 2015 | $935 | $9,510 | $1,900 | $7,610 |
Source: Public Records
Agents Affiliated with this Home
-
Cody Leslie
-
Dallin Hammond
Seller's Agent in 2019
Dallin Hammond
ABI Multifamily
(602) 714-1400
38 Total Sales
-
A
Seller's Agent in 2019
Alexander Tunberg
Midland Real Estate Alliance
-
Mitchell Drake
Seller Co-Listing Agent in 2019
Mitchell Drake
ABI Multifamily
(602) 714-1400
29 Total Sales
-
Bryan Schlueter
Seller Co-Listing Agent in 2019
Bryan Schlueter
Midland Real Estate Alliance
(480) 620-9669
18 Total Sales
-
Alexandra Pfannenstiel
A
Buyer's Agent in 2019
Alexandra Pfannenstiel
My Home Group
(480) 708-2904
131 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5069550
APN: 117-15-082
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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