$112,399
SOLD MAY 21, 2013

2040 E Palm Ln Phoenix, AZ 85006

3 Beds
2 Baths
1,213 Sq Ft
8,738 Sq Ft Lot

Recently Sold

$93 Per Sq Ft

18% Above List Price

10 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Walk-In Closet
  • Phoenix Coding Academy Rated A
  • Covered patio or porch
  • Ceiling Fan

About This Home

As of May 2013

Occupied property, tax records may not reflect actual square footage due to additions, buyer to verify square footage if it is important.

Last Agent to Sell the Property

Patrick Harvey

West USA Realty License #BR555699000

West USA Realty

Last Buyer's Agent

David Johnson

Dave Johnson Realty License #BR626902000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $724

Year Built

  • Built in 1950

Lot Details

  • 8,738 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Chain Link Fence

Parking

  • 1 Car Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,213 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Laundry in Garage

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Outdoor Features

  • Covered patio or porch

Schools

  • Creighton Elementary School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Jackson Villa 1 27 Subdivision

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number 117-11-034

Home Details

Home Type

Single Family

Est. Annual Taxes

$724

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Cross Street: Thomas / 22nd st.
  • Legal Info Range: 3E
  • Property Type: Residential
  • HOA #2: N
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Land Lease Paid Frequency: Annually
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Year Built: 1950
  • Tax Year: 2012
  • Directions: South to Palm, West to property.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.2
  • Subdivision Name: JACKSON VILLA 1-27
  • Architectural Style: Contemporary
  • ResoBuildingAreaSource: Assessor
  • Construction Brick: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Walk-In Closet(s), Full Bth Master Bdrm
  • Living Area: 1213.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:Disposal2: Yes

Exterior Features

  • Fencing: Block, Chain Link
  • Exterior Features: Covered Patio(s)
  • Lot Features: Desert Front
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Brick Veneer, Painted, Block, Brick
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Garage Spaces: 1.0
  • Laundry:In Garage: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: In Garage
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association Fee Frequency: Semi-Annually
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:HOA Paid Frequency: Semi-Annually
  • 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
  • Association Fees:PAD Paid (Freq)2: Annually

Schools

  • Elementary School: Creighton Elementary School
  • Middle Or Junior School: Creighton Elementary School

Lot Info

  • Land Lease Amount Frequency: Annually
  • Land Lease: No
  • Lot Size Sq Ft: 8738.0
  • Parcel #: 117-11-034
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: unk

Tax Info

  • Tax Annual Amount: 724.0
  • Tax Book Number: 117.00
  • Tax Lot: 35
  • Tax Map Number: 11.00

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
Total Days on Market
10
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

Map

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 Type Sale Price Title Company
Special Warranty Deed -- Os National Llc
Special Warranty Deed -- None Available
Cash Sale Deed $4,842,000 Stewart Title & Trust Of Pho
Trustee Deed $36,100 None Available
Quit Claim Deed -- None Available
Warranty Deed $227,000 The Talon Group Tempe Supers
Joint Tenancy Deed $97,000 Century Title Agency
Warranty Deed $72,500 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $119,395,000 Loan Amount Between One & Nine Billion
Previous Owner $11,939,500 Purchase Money Mortgage
Previous Owner $227,000 Purchase Money Mortgage
Previous Owner $121,500 Unknown
Previous Owner $96,851 FHA
Previous Owner $72,444 FHA
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
Source: Arizona Regional Multiple Listing Service (ARMLS)

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

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4911585

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-11-034

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 priced at $112,399, approximately $92 per square foot. This property was built in 1950. 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.

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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