NOT LISTED FOR SALE

325 E Palm Ln Unit 102 Phoenix, AZ 85004

Alvarado Historic District Neighborhood

Estimated Value: $441,503 - $621,000

1 Bed
2 Baths
1,499 Sq Ft
$364/Sq Ft Est. Value

Last Sold April 07, 2017

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

Est. 82% increase in value since last sale

Current estimated payment $3,351/month

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!"

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
$546,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,126
Avg. Annual Appreciation
7.44%
Original Mortgage
$285,000
Interest Rate
4.16%
Mortgage Type
New Conventional

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

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 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 $275,750
Closed 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 Change Sq Ft Price
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
11/17/2015 11/17/15 Pending -- -- --
11/12/2015 11/12/15 For Sale $274,900 -- $183 / 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 $2,407 $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

  • Gloria Handley

    Seller's Agent in 2017

    Gloria Handley

    Homelight Realty and Management

    (480) 216-9229

    7 Total Sales

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  • J

    Buyer's Agent in 2017

    Jeffrey Francisco

    DPR Realty

    (623) 203-8135

    7 Total Sales

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  • Anna Bennett

    Seller's Agent in 2015

    Anna Bennett

    eXp Realty

    (602) 502-3133

    4 Total Sales

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Map

Arizona Maricopa County Phoenix 85004 Alvarado Historic District

325 E Palm Ln Unit 102, Phoenix, AZ

This home is located at 325 E Palm Ln Unit 102, Phoenix, AZ 85004 and is currently estimated at $546,126, approximately $364 per square foot. 325 E Palm Ln Unit 102 is a home located in Maricopa County with nearby schools including Emerson Elementary School, Phoenix Coding Academy, and Central High School.

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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