NOT LISTED FOR SALE

Estimated Value: $440,000 - $492,000

1 Bed
1.5 Baths
1,499 Sq Ft
$310/Sq Ft Est. Value

Last Sold April 07, 2017

Last sale price $300,000 $200 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,819/month

18 Days on Market

Highlights

  • Gated Parking
  • Gated Community
  • Vaulted Ceiling
  • Phoenix Coding Academy Rated A
  • Property is near public transit
  • Granite Countertops

About This Home

As of April 2017

Out of the ordinary condo in a much sought out area... Style and class abound with the contemporary architectural features of this condo located right in the heart of central Phoenix. The small community of only 11 units is tucked away in a charming, upscale, gated community right in the middle of the Phoenix Arts District, within walking distance to the light rail and popular restaurants and just minutes away from downtown Phoenix. Perfect location without living in a high rise building. This two story condo is perfect for entertaining as it features an open floor plan with a large family room, modern European kitchen with black granite countertops and designer fixtures, laundry room, 1/2 bath, lovely front patio and backyard space on the ground level. Modern steel staircase leads to the 2nd floor where you step into an open loft style bedroom and office with access to the second level balcony along with a large master bath and custom walk in closet. Exposed 8" Block construction inside, floor-to-ceiling windows, designer lighting and concrete floors downstairs lends to the uniqueness of this modern loft style condo. Don't miss this rare opportunity. See this home now! It will not last!"

Last Agent to Sell the Property

Gloria Handley

Homelight Realty and Management License #BR523664000 Listed on: 02/13/2017

Last Buyer's Agent

Jeffrey Francisco

DPR Realty LLC License #SA582352000

DPR Realty LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,143

Year Built

  • Built in 2006

Lot Details

  • 803 Sq Ft Lot
  • Private Streets
  • Wrought Iron Fence

HOA Fees

  • $160 Monthly HOA Fees

Home Design

  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 1,499 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Double Pane Windows

Kitchen

  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary Bathroom is a Full Bathroom
  • 1.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Parking

  • 2 Carport Spaces
  • Gated Parking

Outdoor Features

  • Balcony
  • Patio

Location

  • Property is near public transit

Schools

  • Emerson Elementary School
  • Phoenix Prep Academy Middle School
  • Central High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Listing and Financial Details

  • Tax Lot 102
  • Assessor Parcel Number 118-54-118

Community Details

Overview

  • Association fees include ground maintenance
  • Palm Lane Urban Livi Association, Phone Number (602) 820-4416
  • Palm Lane Urban Living Condominium Subdivision

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,143

Year Built

Built in 2006

Lot Details

803 Sq Ft Lot

HOA Fees

$160 per month

Listing Details

  • Cross Street: Central and Palm Lane
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Community Facilities District: N
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 160.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2006
  • Tax Year: 2016
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: PALM LANE URBAN LIVING CONDOMINIUM
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 200.13
  • Association Fees:HOA Fee2: 160.0
  • Windows:Dual Pane: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Concrete
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Vaulted Ceiling(s), Pantry, Double Vanity, Full Bth Master Bdrm, Granite Counters
  • Living Area: 1499.0
  • Stories: 2
  • Window Features: Dual Pane
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Balcony, Patio, Private Street(s)
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Block
  • Roof: Built-Up
  • Construction:Block: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Gated
  • Attached Garage: No
  • Carport Spaces: 2.0
  • Parking Features:Gated Parking: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Near Light Rail Stop
  • Amenities: Self Managed
  • Association Fee: 160.0
  • Association Fee Frequency: Monthly
  • Association Name: Palm Lane Urban Livi
  • Phone: 602-820-4416
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 25.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Palm Lane Urban Livi
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Emerson Elementary School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Phoenix Prep Academy

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 803.0
  • Parcel #: 118-54-118
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: unkown

Tax Info

  • Tax Annual Amount: 2143.0
  • Tax Book Number: 118.00
  • Tax Lot: 102
  • Tax Map Number: 54.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2017
Closed on
Mar 27, 2017
Sold by
Ortiz Lydia
Bought by
Bennink Loren R
Seller's Agent
Gloria Handley
Homelight Realty and Management
Buyer's Agent
Jeffrey Francisco
DPR Realty LLC
List Price
$299,900
Sold Price
$300,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$464,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,658
Avg. Annual Appreciation
5.00%
Original Mortgage
$285,000
Outstanding Balance
$236,838
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$227,820

Purchase Details

Listed on
Nov 13, 2015
Closed on
Nov 20, 2015
Sold by
Mays Megan Rabe and Mays Landon
Bought by
Ortiz Lydia
Seller's Agent
Anna Bennett
eXp Realty
Buyer's Agent
Gloria Handley
Homelight Realty and Management
List Price
$274,900
Sold Price
$273,000
Premium/Discount to List
-$1,900
-0.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.46%
Original Mortgage
$218,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2009
Sold by
Bank Of America National Association
Bought by
Rabe Megan and Mays Landon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,150
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
May 27, 2009
Sold by
Aulicino Biagio and Mortgage Electronic Registrati
Bought by
Bank Of America National Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,150
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 12, 2006
Sold by
Aulicino Maria
Bought by
Aulicino Biagio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,500
Interest Rate
2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 2005
Sold by
Palm Lane Llc
Bought by
Aulicino Biagio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,500
Interest Rate
2%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Bennink Loren R $300,000 Dhi Title Agency
Ortiz Lydia $273,000 First American Title Ins Co
Rabe Megan $200,000 Chicago Title
Bank Of America National Association $217,000 Security Title Agency
Aulicino Biagio -- The Talon Group Tatum Garden
Aulicino Biagio $365,000 The Talon Group Tatum Garden
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bennink Loren R $285,000
Previous Owner Ortiz Lydia $218,000
Previous Owner Rabe Megan $183,150
Previous Owner Aulicino Biagio $328,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/07/2017 04/07/17 Sold $300,000 -7.7% $200 / Sq Ft
03/03/2017 03/03/17 Pending -- -- --
02/16/2017 02/16/17 Price Changed $324,900 +8.3% $217 / Sq Ft
02/13/2017 02/13/17 For Sale $299,900 +9.9% $200 / Sq Ft
12/15/2015 12/15/15 Sold $273,000 -0.7% $182 / Sq Ft View Prior Sale
11/17/2015 11/17/15 Pending -- -- --
11/12/2015 11/12/15 For Sale $274,900 -- $183 / 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 $2,567 $20,302 -- --
2024 $2,384 $19,335 -- --
2023 $2,384 $35,130 $7,020 $28,110
2022 $2,293 $28,970 $5,790 $23,180
2021 $2,295 $28,610 $5,720 $22,890
2020 $2,327 $27,470 $5,490 $21,980
2019 $2,328 $26,010 $5,200 $20,810
2018 $2,287 $24,060 $4,810 $19,250
2017 $2,205 $22,580 $4,510 $18,070
2016 $2,143 $16,350 $3,270 $13,080
2015 $1,952 $16,870 $3,370 $13,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5562110

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-54-118

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