NOT LISTED FOR SALE

2040 E Palm Ln Phoenix, AZ 85006

Estimated Value: $376,000 - $402,000

3 Beds
2 Baths
1,213 Sq Ft
$322/Sq Ft Est. Value

Last Sold May 21, 2013

Last sale price $112,399 $93 Per Sq Ft

Est. 247% increase in value since last sale

Current estimated payment $2,246/month

About This Home

As of May 2013

This home is located at 2040 E Palm Ln, Phoenix, AZ 85006 and is currently estimated at $390,451, approximately $321 per square foot. 2040 E Palm Ln is a home located in Maricopa County with nearby schools including William T Machan Elementary School, Camelback High School, and Phoenix Coding Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2018
Sold by
2018 3 Ih Borrower Lp
Bought by
2018 3 Ih Borrower Lp
Current Estimated Value
$390,451

Purchase Details

Closed on
Jun 25, 2015
Sold by
Ih2 Property Phoenix L P
Bought by
2015 3 Ih2 Borrower L P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,395,000
Interest Rate
3.81%
Mortgage Type
Loan Amount Between One & Nine Billion

Purchase Details

Listed on
Mar 29, 2013
Closed on
May 20, 2013
Sold by
Masfund Az Lp
Bought by
Ih2 Property Phoenix Lp
Seller's Agent
Patrick Harvey
West USA Realty
Buyer's Agent
David Johnson
Dave Johnson Realty
List Price
$94,900
Sold Price
$112,399
Premium/Discount to List
$17,499
18.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.49%

Purchase Details

Closed on
Dec 18, 2009
Sold by
Whitesinger Paulando
Bought by
Swartz & Brough A Texas Corp

Purchase Details

Closed on
Feb 25, 2009
Sold by
Swartz & Brough Inc
Bought by
Masfund Az Lp

Purchase Details

Closed on
Jul 19, 2006
Sold by
Montiel Matilde and Montiel Natividad
Bought by
Whitesinger Paulando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
7.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 13, 2000
Sold by
Pine John Wesley
Bought by
Montiel Matilde and Montiel Natividad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,851
Interest Rate
7.96%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 6, 1997
Sold by
Nicholson Mark and Nicholson Debra
Bought by
Pine John Wesley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,444
Interest Rate
7.63%
Mortgage Type
FHA

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
2018 3 Ih Borrower Lp -- Os National Llc
2015-3 Ih2 Borrower Lp -- None Available
Ih2 Property Phoenix Lp $4,842,000 Stewart Title & Trust Of Pho
Swartz & Brough A Texas Corp $36,100 None Available
Masfund Az Lp -- None Available
Whitesinger Paulando $227,000 The Talon Group Tempe Supers
Montiel Matilde $97,000 Century Title Agency
Pine John Wesley $72,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 2015-3 Ih2 Borrower Lp $119,395,000
Previous Owner 2015-3 Ih2 Borrower Lp $11,939,500
Previous Owner Whitesinger Paulando $227,000
Previous Owner Montiel Matilde $121,500
Previous Owner Montiel Matilde $96,851
Previous Owner Pine John Wesley $72,444
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2014 04/18/14 Rented $1,025 0.0% --
04/06/2014 04/06/14 Under Contract -- -- --
04/03/2014 04/03/14 For Rent $1,025 0.0% --
05/21/2013 05/21/13 Sold $112,399 +18.4% $93 / Sq Ft
04/05/2013 04/05/13 Pending -- -- --
03/26/2013 03/26/13 For Sale $94,900 -- $78 / Sq Ft

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 $976 $7,504 -- --
2024 $964 $7,147 -- --
2023 $964 $30,670 $6,130 $24,540
2022 $927 $23,900 $4,780 $19,120
2021 $949 $21,200 $4,240 $16,960
2020 $926 $17,630 $3,520 $14,110
2019 $920 $16,330 $3,260 $13,070
2018 $901 $15,100 $3,020 $12,080
2017 $866 $12,670 $2,530 $10,140
2016 $832 $11,050 $2,210 $8,840
2015 $774 $8,520 $1,700 $6,820
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2014

    Vladislav Minchev

    Next Level Realty, LLC

    (480) 499-3800

    2 Total Sales

    Vladislav Minchev
    Section Image
  • Jessica Ryan

    Buyer's Agent in 2014

    Jessica Ryan

    J&L Exclusive Homes & Properti

    (602) 332-5364

    4 Total Sales

    Jessica Ryan
    Section Image
  • Patrick Harvey

    Seller's Agent in 2013

    Patrick Harvey

    West USA Realty

    (480) 390-7369

    13 Total Sales

    Patrick Harvey
    Section Image

  • D

    Buyer's Agent in 2013

    David Johnson

    Dave Johnson Realty

    (520) 906-8111

    57 Total Sales

    David Johnson
    Section Image
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Map

Arizona Maricopa County Phoenix 85006

2040 E Palm Ln, Phoenix, AZ

Homes for Sale in Phoenix, AZ

This home is located at 2040 E Palm Ln, Phoenix, AZ 85006 and is currently estimated at $390,451, approximately $321 per square foot. 2040 E Palm Ln is a home located in Maricopa County with nearby schools including William T Machan Elementary School, Camelback 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.

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