NOT LISTED FOR SALE

1712 E Palm Ln Unit 1 Phoenix, AZ 85006

Estimated Value: $586,000 - $838,000

0.2 Acre
$3,812,370 Price per Acre
8,701 Sq Ft Lot

Last Sold January 05, 2018

Last sale price $77,613

Est. 882% increase in value since last sale

Current estimated payment $4,346/month

16 Days on Market

About This Lot

As of January 2018

INVESTORS DREAM! Build your next small investment property as this is one of the few empty lots available in the area. This property is close to Freeways, Hospital, Restaurants and much more. Excellent location in this up and coming area in Phoenix! Priced to Sell with Huge Potential! Don't miss this amazing opportunity! THE LOT NEXT TO THIS ONE IS ALSO FOR SALE (MLS#5687877) AND WOULD GIVE YOU ABOUT .455 ACRE AND OF TOTAL SPACE IN THE CENTER OF THE CITY! NO HOA, NO SPDS AND CLUE REPORT. SOLD AS IS CONDITION.

Last Agent to Sell the Property

Joya Irby

DeLex Realty License #SA670340000 Listed on: 11/15/2017

DeLex Realty

Last Buyer's Agent

Hector Flores

Housing Exchange Realty License #BR556257000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $430

Year Built

  • 2018

Lot Details

  • 8,701 Sq Ft Lot
  • Block Wall Fence
  • Chain Link Fence
  • Property is zoned R1-6

Eco-Friendly Details

  • North or South Exposure

Schools

  • Creighton Elementary School

Community Details

  • No Home Owners Association
  • Roselawn Heights Lots9 12 Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 117-15-195

Property Details

Property Type

Land

Est. Annual Taxes

$430

Year Built

2018

Lot Details

0

Listing Details

  • Cross Street: 16TH STREET AND MCDOWELL RD
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: Raw Land
  • Zoning: R1-6
  • Tax Year: 2017
  • Directions: 16TH STREET AND MCDOWELL RD Directions: NORTH ON 16TH STREET, EAST ON PALM LN TO PROPERTY
  • Lot Size Acres: 0.2
  • Road Surface Type: Asphalt
  • Subdivision Name: Roselawn Heights Lots9-12
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2018

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: Block, Chain Link
  • Lot Features: North/South Exp
  • Disclosures: None

Utilities

  • Electric: SRP
  • Water Source: City Franchise, Check Availability

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Creighton Elementary School

Lot Info

  • Lot Size: 60x145
  • Lot Size Sq Ft: 8701.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 117-15-195
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 429.86
  • Tax Book Number: 117.00
  • Tax Lot: 1
  • Tax Map Number: 15.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2019
Sold by
1712 E Palm Lane Llc
Bought by
Lazo Olga and Carrasco Richard
Total Days on Market
16
Current Estimated Value
$762,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,100
Outstanding Balance
$374,856
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$384,746

Purchase Details

Listed on
Nov 15, 2017
Closed on
Jan 4, 2018
Sold by
Monry Pro Llc
Bought by
1712 E Palm Lane Llc
Seller's Agent
Joya Irby
DeLex Realty
Buyer's Agent
Hector Flores
Housing Exchange Realty
List Price
$83,268
Sold Price
$77,613
Premium/Discount to List
-$5,655
-6.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.10%

Purchase Details

Closed on
Apr 8, 2015
Sold by
Gismondi Tom
Bought by
Money Pro Llc

Purchase Details

Closed on
Jun 12, 2014
Sold by
U S Bank Na
Bought by
Gismondi Tom

Purchase Details

Closed on
Apr 14, 2014
Sold by
Gonzalez Eugenio
Bought by
U S Bank National Association

Purchase Details

Closed on
Feb 2, 2006
Sold by
Dela Cruz Irene Gonzalez
Bought by
Gonzalez Eugenio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
1.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 7, 2003
Sold by
Delacruz Irene Gonzalez and Delacruz Irene C
Bought by
Gonzalez Eugenio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,050
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 5, 2003
Sold by
Farias Rafael
Bought by
Gonzalez Eugenio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,050
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2001
Sold by
Farias Arcelia F
Bought by
Farias Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,000
Interest Rate
7.99%
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
Lazo Olga $469,000 American Title Svc Agcy Llc
1712 E Palm Lane Llc $77,613 American Title Service Agenc
Money Pro Llc $77,000 Chicago Title Agency Inc
Gismondi Tom $45,000 Fidelity National Title Agen
U S Bank National Association $90,271 Security Title Agency
Gonzalez Eugenio -- Camelback Title Agency Llc
Gonzalez Eugenio -- Stewart Title & Trust
Gonzalez Eugenio $119,000 Stewart Title & Trust
Farias Rafael -- Metro Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lazo Olga $422,100
Previous Owner 1712 E Palm Lane Llc $250,000
Previous Owner Gonzalez Eugenio $125,000
Previous Owner Gonzalez Eugenio $113,050
Previous Owner Gonzalez Eugenio $113,050
Previous Owner Farias Rafael $41,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2018 01/05/18 Sold $77,613 -6.8% --
11/29/2017 11/29/17 Pending -- -- --
11/13/2017 11/13/17 For Sale $83,268 -- --
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 $3,585 $31,214 -- --
2024 $3,543 $29,727 -- --
2023 $3,543 $56,720 $11,340 $45,380
2022 $3,392 $48,250 $9,650 $38,600
2021 $3,519 $44,020 $8,800 $35,220
2020 $3,427 $38,360 $7,670 $30,690
2019 $3,408 $32,350 $6,470 $25,880
2017 $430 $4,004 $4,004 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Joya Irby

    DeLex Realty

    6 Total Sales

    Joya Irby
    Section Image

  • H

    Buyer's Agent in 2018

    Hector Flores

    Housing Exchange Realty

    (480) 390-3488

    34 Total Sales

    Hector Flores
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5687874

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-15-195

Arizona Maricopa County Phoenix 85006

1712 E Palm Ln Unit 1, Phoenix, AZ

This home is located at 1712 E Palm Ln Unit 1, Phoenix, AZ 85006 since 15 November 2017 and is currently estimated at $762,474. This property was built in 2018. 1712 E Palm Ln Unit 1 is a home located in Maricopa County with nearby schools including Excelencia School, North High School, and Phoenix Coding Academy.

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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