NOT LISTED FOR SALE

Estimated Value: $320,000 - $582,000

3 Beds
2 Baths
1,400 Sq Ft
1,307 Sq Ft Lot

Last Sold July 13, 2018

Last sale price $1,625,000 $1,161 Per Sq Ft

Current estimated payment $2,385/month

Highlights

  • Gated Community
  • Mountain View
  • Community Pool
  • Phoenix Coding Academy Rated A
  • Contemporary Architecture
  • 2-minute walk to Desert Storm Park

About This Home

As of November 2022

Welcome to Palmaire. Mid-Century Modern design meets an unbeatable location in the heart of the Camelback Corridor. Large 3bd 2bth 1,400sqft condo. Covered parking. Sparkling community pool. Right around the corner from great shopping options such as Biltmore Shopping Mall, Whole Foods, Target, Fry's, Trader Joe's, Forever 21, Nordstrom Rack. Easy access to the 51. Within the Madison School District!!

Last Agent to Rent the Property

Jeremy Solem

Versatile Properties License #SA585119000 Listed on: 09/30/2022

Co-Listed By

Eric Lambert

Versatile Properties License #SA680077000

Last Renter's Agent

Eric Lambert

Metro Realty License #SA680077000

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,022

Year Built

  • Built in 1964

Lot Details

  • No Common Walls
  • Wrought Iron Fence
  • Block Wall Fence
  • Front Yard Sprinklers
  • Grass Covered Lot

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Concrete Flooring
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Parking

  • 1 Carport Space
  • Assigned Parking
  • Community Parking Structure

Schools

  • Madison Rose Lane Elementary School
  • Madison Elementary Middle School
  • North High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered Patio or Porch
  • Property is near a bus stop

Listing and Financial Details

  • Property Available on 10/1/22
  • $30 Move-In Fee
  • Rent includes water, sewer, repairs, pool service - full, gardening service, garbage collection
  • 12-Month Minimum Lease Term
  • $30 Application Fee
  • Tax Lot 103
  • Assessor Parcel Number 164-55-278

Community Details

Overview

  • Property has a Home Owners Association
  • Palmaire Condominium Association, Phone Number (602) 437-4777
  • Palmaire Condominium Subdivision

Recreation

  • Community Pool

Security

  • Gated Community

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,022

Year Built

Built in 1964

Lot Details

0

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: Water, Sewer, Repairs, Pool Service - Full, Gardening Service, Garbage Collection
  • Available Date: 2022-10-01

Listing Details

  • Cross Street: Camelback & 16th Street
  • Legal Info Range: 3E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1964
  • Rental Info H O A Name: Palmaire Condominium
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 2.3
  • Initial Move In Costs Application Fee: 30.0
  • Lease Term Minimum Lease Term Months: 12
  • Directions: North on 16th St. East on Georgia to property on the left.
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.03
  • Co List Office Mls Id: meto01
  • Co List Office Phone: 602-687-9933
  • Subdivision Name: PALMAIRE CONDOMINIUM
  • Architectural Style: Contemporary, Other (See Remarks)
  • Property Attached Yn: Yes
  • Structure Type: Clustered
  • ResoBuildingAreaSource: Assessor
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Construction Brick: Yes
  • Laundry Features Inside: Yes
  • Special Features: None

Interior Features

  • Flooring: Concrete
  • Basement YN: No
  • Furnished: Unfurnished
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, No Interior Steps, Pantry, 3/4 Bath Master Bdrm, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 1400.0
  • Stories: 1
  • Window Features: Double Pane Windows
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features Pantry: Yes
  • Community Features:Near Bus Stop: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Covered Patio(s)
  • Lot Features: Sprinklers In Front, Grass Front
  • Pool Features: None
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Agency Discl Req
  • Common Walls: No Common Walls
  • Construction Type: Brick Veneer, Painted, Brick
  • Roof: Composition
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Assigned, Community Structure
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Community Structure: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, Stacked Washer/Dryer, Washer Included
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Pool, Near Bus Stop
  • Association Name: Palmaire Condominium
  • Phone: 602-437-4777
  • Association: Yes

Schools

  • Elementary School: Madison Rose Lane School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Madison Elementary School

Lot Info

  • Lot Size Sq Ft: 1335.0
  • Parcel #: 164-55-278
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Book Number: 164.00
  • Tax Lot: 103
  • Tax Map Number: 55.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2021
Sold by
Palmarie Condominiums Llc
Bought by
Mcdaniel Thomas L and Mcdaniel Elaine K
Current Estimated Value
$418,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,367,912
Outstanding Balance
$1,237,031
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$819,031

Purchase Details

Closed on
Jun 24, 2019
Sold by
Hawley Lisa and Estate Of Dennis P Hawley
Bought by
Palmaire Condominium Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,160,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Listed on
May 16, 2017
Closed on
Jul 6, 2018
Sold by
Palmaire Partners Llc
Bought by
Hawley Dennis P and Hawley Lisa D
Seller's Agent
Cam Morrier
Occasio Realty
Buyer's Agent
Dennis Kolodin
Metro Realty
List Price
$1,829,000
Sold Price
$1,625,000
Premium/Discount to List
-$204,000
-11.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-17.06%
Original Mortgage
$1,138,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 24, 2009
Sold by
The Squire Llc
Bought by
Palmaire Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$685,000
Interest Rate
5.31%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Mcdaniel Thomas L $1,930,000 Landmark Ttl Assurance Agcy
Palmaire Condominium Llc -- Empire West Title Agency
Hawley Dennis P $1,625,000 Premier Title Agency
Palmaire Partners Llc $1,240,000 The Talon Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdaniel Thomas L $1,367,912
Previous Owner Palmaire Condominium Llc $1,160,000
Previous Owner Hawley Dennis P $1,138,000
Previous Owner Palmaire Partners Llc $685,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/21/2022 11/21/22 Rented $2,195 0.0% --
11/01/2022 11/01/22 Under Contract -- -- --
10/13/2022 10/13/22 Price Changed $2,195 -4.4% $2 / Sq Ft
09/29/2022 09/29/22 For Rent $2,295 +15.0% --
08/10/2021 08/10/21 Rented $1,995 0.0% --
08/08/2021 08/08/21 Under Contract -- -- --
08/05/2021 08/05/21 For Rent $1,995 0.0% --
07/22/2021 07/22/21 Under Contract -- -- --
07/15/2021 07/15/21 For Rent $1,995 0.0% --
07/13/2018 07/13/18 Sold $1,625,000 -11.2% $1,161 / Sq Ft View Prior Sale
07/08/2018 07/08/18 Pending -- -- --
06/01/2018 06/01/18 For Sale $1,829,000 0.0% $1,306 / Sq Ft
06/01/2018 06/01/18 Price Changed $1,829,000 0.0% $1,306 / Sq Ft
04/12/2018 04/12/18 Price Changed $1,829,000 -0.5% $1,306 / Sq Ft
01/26/2018 01/26/18 Price Changed $1,839,000 +0.5% $1,314 / Sq Ft
10/17/2017 10/17/17 Price Changed $1,829,000 -0.5% $1,306 / Sq Ft
07/31/2017 07/31/17 Price Changed $1,839,000 -0.5% $1,314 / Sq Ft
06/16/2017 06/16/17 Price Changed $1,849,000 +0.5% $1,321 / Sq Ft
06/05/2017 06/05/17 Price Changed $1,839,000 -0.5% $1,314 / Sq Ft
05/16/2017 05/16/17 For Sale $1,849,000 0.0% $1,321 / Sq Ft
08/15/2013 08/15/13 Rented $1,325 0.0% --
08/07/2013 08/07/13 Under Contract -- -- --
07/23/2013 07/23/13 For Rent $1,325 -- --
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 $2,022 $16,282 -- --
2024 $1,968 $15,507 -- --
2023 $1,968 $28,300 $5,660 $22,640
2022 $1,909 $22,760 $4,550 $18,210
2021 $1,926 $25,760 $5,150 $20,610
2020 $1,896 $25,730 $5,140 $20,590
2019 $1,854 $23,350 $4,670 $18,680
2018 $1,809 $20,180 $4,030 $16,150
2017 $1,724 $17,320 $3,460 $13,860
2016 $1,664 $17,750 $3,550 $14,200
2015 $1,546 $14,710 $2,940 $11,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6470840

Arizona Regional Multiple Listing Service (ARMLS)

APN: 164-55-278