S
Seller's Agent in 2017
Sarah Richardson
Tru Realty
1640 E Palm Ln Phoenix, AZ 85006
Central City NeighborhoodEstimated Value: $589,000 - $870,000
Studio
--
Bath
1,900
Sq Ft
$364/Sq Ft
Est. Value
Highlights
- Cooling Available
- Phoenix Coding Academy Rated A
- Heat Pump System
About This Home
As of January 2017Building shares a water meter and must be sold with 1644 E Palm. $529,000.00 for both. Great Unit mix! 100% Occupied! Drive by only, please do not disturb tenants. Financials shown are for one building only...multiply by two or see listing (MLS#5434289) for 1644 E Palm for totals.
Last Agent to Sell the Property
Sarah Richardson
Tru Realty License #BR580923000 Listed on: 09/02/2016
Last Buyer's Agent
Larry Kramer
Realty ONE Group License #SA543588000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $939
Year Built
- Built in 1981
Lot Details
- 7,579
Home Design
- Wood Frame Construction
- Tile Roof
- Built-Up Roof
- Block Exterior
- Stucco
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
Utilities
- Cooling Available
- Heat Pump System
- Individual Controls for Heating
Listing and Financial Details
- Tenant pays for cable TV
- The owner pays for trash collection, water, sewer, landscaping
- Tax Lot 10
- Assessor Parcel Number 117-15-086-C
Community Details
Overview
- 4 Units
- Building Dimensions are irr
- Roselawn Heights Lots 9 12 Subdivision
Building Details
- Operating Expense $7,693
- Gross Income $19,764
- Net Operating Income $11,585
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 21, 2016
Sold by
A2z Property Management Inc
Bought by
Howe Kevin
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,000
Interest Rate
3.65%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 11, 2016
Sold by
Howe Kevin
Bought by
Iggulden Robert D and Iggulden Randi S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.13%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 5, 2015
Sold by
Sfs Properties Llc
Bought by
A 2 Z Property Management Inc
Purchase Details
Closed on
May 13, 2009
Sold by
Flake Judd
Bought by
Sfs Properties Llc
Purchase Details
Closed on
Apr 16, 2009
Sold by
The Bank Of New York Mellon
Bought by
Flake Judd
Purchase Details
Closed on
Mar 16, 2005
Sold by
Dang Phong N and Dang Khanhlinh V
Bought by
1640 E Palm Lane Residential Land Trust and Meehan S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,200
Interest Rate
6.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 24, 2005
Sold by
Specialty Properties Investments Corp
Bought by
Dang Phong N and Dang Khanhlinh
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,200
Interest Rate
6.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 15, 2003
Sold by
Speciality Properties Investments Corp
Bought by
Bailey Kathy A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,600
Interest Rate
5.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 22, 2001
Sold by
Steve Villarreal Pc
Bought by
Specialty Properties Investments Corp
Purchase Details
Closed on
Jan 31, 2000
Sold by
Horton Jennifer A
Bought by
Steve Villarreal Pc
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Howe Kevin | $475,000 | Chicago Title Agency | |
| Iggulden Robert D | $480,000 | Stewart Title Arizona Agency | |
| A 2 Z Property Management Inc | $124,950 | Great American Title Agency | |
| A 2 Z Property Management Inc | -- | Great American Title Agency | |
| Sfs Properties Llc | -- | Great American Title Agency | |
| Flake Judd | $35,000 | Great American Title Agency | |
| 1640 E Palm Lane Residential Land Trust | -- | Security Title Agency Inc | |
| Dang Phong N | $229,900 | Security Title Agency Inc | |
| Bailey Kathy A | $174,000 | Security Title Agency | |
| Specialty Properties Investments Corp | -- | -- | |
| Steve Villarreal Pc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Howe Kevin | $402,000 | |
| Previous Owner | Iggulden Robert D | $300,000 | |
| Previous Owner | Dang Phong N | $179,200 | |
| Previous Owner | Bailey Kathy A | $156,600 | |
| Closed | Dang Phong N | $44,800 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/20/2017 01/20/17 | Sold | $480,000 | -9.3% | $253 / Sq Ft |
| 12/22/2016 12/22/16 | For Sale | $529,000 | 0.0% | $278 / Sq Ft |
| 12/22/2016 12/22/16 | Price Changed | $529,000 | 0.0% | $278 / Sq Ft |
| 09/02/2016 09/02/16 | For Sale | $529,000 | -- | $278 / 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 | $1,029 | $7,620 | -- | -- |
| 2024 | $979 | $7,257 | -- | -- |
| 2023 | $979 | $37,010 | $7,400 | $29,610 |
| 2022 | $941 | $27,750 | $5,550 | $22,200 |
| 2021 | $964 | $21,150 | $4,230 | $16,920 |
| 2020 | $940 | $18,320 | $3,660 | $14,660 |
| 2019 | $934 | $15,450 | $3,090 | $12,360 |
| 2018 | $914 | $12,170 | $2,430 | $9,740 |
| 2017 | $879 | $12,280 | $2,450 | $9,830 |
| 2016 | $845 | $10,300 | $2,060 | $8,240 |
Source: Public Records
Agents Affiliated with this Home
-
-
L
Buyer's Agent in 2017
Larry Kramer
Realty One Group
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5492198
APN: 117-15-086C
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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