NOT LISTED FOR SALE

Estimated Value: $987,000 - $1,167,594

3 Beds
3 Baths
1,940 Sq Ft
$560/Sq Ft Est. Value

Last Sold March 30, 2018

Last sale price $275,000 $142 Per Sq Ft

Est. 262% increase in value since last sale

Current estimated payment $5,939/month

375 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Walk-In Closet
  • Phoenix Coding Academy Rated A
  • Eat-In Kitchen
  • Property is near a bus stop

About This Home

As of March 2018

Rare opportunity in the Encanto Palmcroft area! This 1936 built brick house has been used as an attorney's office for 30 years! There is surface parking for at least 5 cars. The house is currently configured with offices and conference rooms and a reception area, but can be brought back to a house with a living room, 3 bedrooms, a dining room, kitchen, office and 2.75 baths!

Last Agent to Sell the Property

Debbie Tupper

HomeSmart License #SA040339000 Listed on: 02/11/2017

HomeSmart

Co-Listed By

Beverly Haarman

HomeSmart License #SA021268000

Last Buyer's Agent

Debbie Tupper

HomeSmart License #SA040339000 Listed on: 02/11/2017

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,555

Year Built

  • Built in 1936

Lot Details

  • 10,400 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot

Parking

  • 5 Open Parking Spaces

Home Design

  • Fixer Upper
  • Brick Exterior Construction
  • Tile Roof

Interior Spaces

  • 1,940 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Bathrooms

Location

  • Property is near a bus stop

Schools

  • Kenilworth Elementary School
  • Central High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 54
  • Assessor Parcel Number 111-09-055

Community Details

Overview

  • No Home Owners Association
  • Palmcroft 1 Thru 123 Subdivision

Amenities

  • No Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,555

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Cross Street: 7th Avenue & McDowell
  • Legal Info Range: 3E
  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Recreation Center 2 Paid Frequency: Annually
  • Recreation Center Fee 2: Y
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 5.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1936
  • Tax Year: 2016
  • Directions: 7th Avenue north of McDowell to Coronado. The house is on the west side of the street
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.24
  • Co List Office Mls Id: reax16
  • Co List Office Phone: 602-861-3300
  • Subdivision Name: PALMCROFT 1 THRU 123
  • Architectural Style: Ranch
  • New Construction: No
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Technology:High Speed Internet Available: Yes
  • Construction Brick: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Linoleum
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Walk-In Closet(s), Eat-in Kitchen, 3/4 Bath Master Bdrm, High Speed Internet
  • Living Area: 1940.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Near Bus Stop: Yes

Exterior Features

  • Fencing: Partial
  • Lot Features: Corner Lot, Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Brick
  • Property Condition: Fixer
  • Roof: Tile

Garage/Parking

  • Open Parking Spaces: 5.0

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Laundry Features: None
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop
  • Amenities: None
  • 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

Schools

  • Elementary School: Kenilworth Elementary School
  • High School: Central High School
  • Middle Or Junior School: Kenilworth Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10400.0
  • Parcel #: 111-09-055
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 5555.0
  • Tax Book Number: 111.00
  • Tax Lot: 54
  • Tax Map Number: 9.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2023
Sold by
James Gordon and James Norma Kafer
Bought by
Patricio G Espinoza Revocable Trust
Current Estimated Value
$996,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.48%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 11, 2017
Closed on
May 7, 2018
Sold by
Prosperity Way Llc
Bought by
Tort Francisco J and Tort Heidi A
Seller's Agent
Debbie Tupper
HomeSmart
Buyer's Agent
Debbie Tupper
HomeSmart
List Price
$395,000
Sold Price
$275,000
Premium/Discount to List
-$120,000
-30.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.49%

Purchase Details

Listed on
Feb 11, 2017
Closed on
Mar 2, 2018
Sold by
Osborn Roy A and Osborn Kathy
Bought by
Gordon James and The James Gordon And Norma Kaf
Seller's Agent
Debbie Tupper
HomeSmart
Buyer's Agent
Debbie Tupper
HomeSmart
List Price
$395,000
Sold Price
$275,000
Premium/Discount to List
-$120,000
-30.38%
Source: Public Records

Range of Values:

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Average Value
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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
Patricio G Espinoza Revocable Trust $925,000 Old Republic Title Agency
Tort Francisco J -- Equity Title Agency Inc
Gordon James $275,000 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patricio G Espinoza Revocable $526,000
Closed Patricio G Espinoza Revocable Trust $500,000
Previous Owner Osborn Roy A $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2018 03/30/18 Sold $275,000 -17.9% $142 / Sq Ft
02/20/2018 02/20/18 Pending -- -- --
01/25/2018 01/25/18 Price Changed $334,900 -4.3% $173 / Sq Ft
06/14/2017 06/14/17 Price Changed $349,900 -11.4% $180 / Sq Ft
02/10/2017 02/10/17 For Sale $395,000 -- $204 / 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 $5,806 $47,905 -- --
2024 $5,744 $45,624 -- --
2023 $5,744 $76,230 $15,240 $60,990
2022 $5,778 $43,575 $27,055 $16,520
2021 $5,899 $41,022 $27,828 $13,194
2020 $5,967 $40,176 $23,598 $16,578
2019 $5,957 $36,000 $19,044 $16,956
2018 $5,855 $34,542 $17,622 $16,920
2017 $5,719 $34,254 $18,360 $15,894
2016 $5,555 $30,222 $17,154 $13,068
2015 $5,283 $29,360 $17,298 $12,062
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5560051

Arizona Regional Multiple Listing Service (ARMLS)

APN: 111-09-055