NOT LISTED FOR SALE

Estimated Value: $455,000 - $509,000

1 Bed
1.5 Baths
1,469 Sq Ft
$180/mo HOA Fee

Last Sold November 07, 2022

Last sale price $440,000 $300 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,919/month

114 Days on Market

Highlights

  • Gated Community
  • Contemporary Architecture
  • Granite Countertops
  • Phoenix Coding Academy Rated A
  • Property is near public transit
  • Balcony

About This Home

As of November 2022

***$10,000.00 SELLER CREDIT for interest rate buy-down/closing costs!*** Are you the downtown, urban, want to hop the light rail to go everywhere fun kind of person?
Then Check Out this Amazing Urban Loft. Walking distance to Light Rail, PHX Art Museum and the Heard Museum & tons of excellent places to eat. As you walk in, you'll love the big, open, bright floor plan! Stained concert floors on the first level give it a very modern look! If there's a gourmet cook in your family, they will appreciate the huge, ultra modern kitchen! Cool looking staircase up to your office/sitting area and master bedroom. Master bath comes complete with 2 sinks and a shower/tub combo. There's also great outdoor space with both a front & back patio, plus a 2nd level balcony.

Last Agent to Sell the Property

Shawn Hertzog

West USA Realty License #SA103361000 Listed on: 06/03/2022

West USA Realty

Last Buyer's Agent

Zachary Hortman

HomeSmart Realty License #SA687115000

HomeSmart Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,574

Year Built

  • Built in 2006

Lot Details

  • Block Wall Fence

HOA Fees

  • $180 Monthly HOA Fees

Parking

  • 2 Carport Spaces

Home Design

  • Contemporary Architecture
  • Block Exterior

Interior Spaces

  • 1,469 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Low Emissivity Windows

Kitchen

  • Breakfast Bar
  • 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

Outdoor Features

  • Balcony
  • Patio

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Kenilworth Elementary School
  • Abraham Lincoln Traditional Middle School
  • Central High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 103
  • Assessor Parcel Number 118-54-119

Community Details

Overview

  • Association fees include (see remarks)
  • Palm Lane Urban HOA, Phone Number (402) 321-5271
  • Built by Baldinger Architect
  • Palm Lane Urban Living Condominium Subdivision

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,574

Year Built

Built in 2006

Lot Details

0

HOA Fees

$180 per month

Listing Details

  • Cross Street: 3rd Street and McDowell
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 180.0
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2019
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2006
  • Tax Year: 2021
  • Directions: North to your new place on the right.
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: PALM LANE URBAN LIVING CONDOMINIUM
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 180.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Concrete
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Breakfast Bar, 9+ Flat Ceilings, Pantry, Double Vanity, Full Bth Master Bdrm, High Speed Internet, Granite Counters
  • Living Area: 1469.0
  • Stories: 2
  • Window Features: Low-Emissivity Windows
  • ResoLivingAreaSource: Assessor
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Other Rooms:Loft: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Roof: Other
  • Construction:Block: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Carport Spaces: 2.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated, Near Light Rail Stop, Near Bus Stop
  • Amenities: Self Managed
  • Association Fee: 180.0
  • Association Fee Frequency: Monthly
  • Association Name: Palm Lane Urban HOA
  • Phone: 402-321-5271
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 35.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Palm Lane Urban HOA
  • Association Fees:HOA Telephone4: 402-321-5271
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Other (See Remarks)5: Yes

Fee Information

  • Association Fee Includes: Other (See Remarks)

Schools

  • Elementary School: Kenilworth Elementary School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Abraham Lincoln Traditional School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 803.0
  • Parcel #: 118-54-119
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Baldinger Architect

Tax Info

  • Tax Annual Amount: 2574.0
  • Tax Book Number: 118.00
  • Tax Lot: 103
  • Tax Map Number: 54.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2022
Closed on
Dec 12, 2022
Sold by
Restated Kevin T Ahern Living Trust
Bought by
Ahern Jane W
Seller's Agent
Shawn Hertzog
West USA Realty
Buyer's Agent
Zachary Hortman
HomeSmart Realty
List Price
$525,000
Sold Price
$440,000
Premium/Discount to List
-$85,000
-16.19%
Views
20
Current Estimated Value
$480,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,617
Avg. Annual Appreciation
2.41%
Original Mortgage
$300,000
Outstanding Balance
$292,654
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$178,565

Purchase Details

Listed on
Jun 3, 2022
Closed on
Nov 7, 2022
Sold by
Feldman Adam R and Feldman Stacey L
Bought by
Restated Kevin T Ahern Living Trust
Seller's Agent
Shawn Hertzog
West USA Realty
Buyer's Agent
Zachary Hortman
HomeSmart Realty
List Price
$525,000
Sold Price
$440,000
Premium/Discount to List
-$85,000
-16.19%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$292,654
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$178,565

Purchase Details

Closed on
Feb 28, 2006
Sold by
Feldman Adam R
Bought by
Feldman Adam R and Feldman Stacey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 2005
Sold by
Palm Lane Llc
Bought by
Feldman Adam R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
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
Ahern Jane W $440,000 Old Republic Title
Restated Kevin T Ahern Living Trust $440,000 Old Republic Title
Feldman Adam R -- The Talon Group Tatum Garden
Feldman Adam R -- The Talon Group Tatum Garden
Feldman Adam R $399,000 The Talon Group Tatum Garden
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahern Jane W $300,000
Previous Owner Feldman Adam R $299,000
Previous Owner Feldman Adam R $299,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2022 11/07/22 Sold $440,000 -6.4% $300 / Sq Ft
09/25/2022 09/25/22 Pending -- -- --
09/20/2022 09/20/22 Price Changed $469,900 -2.9% $320 / Sq Ft
08/19/2022 08/19/22 Price Changed $483,900 -0.2% $329 / Sq Ft
07/26/2022 07/26/22 Price Changed $484,900 -3.0% $330 / Sq Ft
06/30/2022 06/30/22 Price Changed $499,900 -3.8% $340 / Sq Ft
06/27/2022 06/27/22 Price Changed $519,900 -1.0% $354 / Sq Ft
06/03/2022 06/03/22 For Sale $525,000 0.0% $357 / Sq Ft
11/01/2018 11/01/18 Rented $1,650 0.0% --
10/25/2018 10/25/18 Under Contract -- -- --
10/22/2018 10/22/18 Price Changed $1,650 -5.7% $1 / Sq Ft
10/05/2018 10/05/18 Price Changed $1,750 -5.4% $1 / Sq Ft
09/20/2018 09/20/18 For Rent $1,850 +15.6% --
02/20/2015 02/20/15 Rented $1,600 0.0% --
02/07/2015 02/07/15 Under Contract -- -- --
01/20/2015 01/20/15 For Rent $1,600 -- --
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 $2,407 $20,302 -- --
2024 $2,384 $19,335 -- --
2023 $2,384 $35,130 $7,020 $28,110
2022 $2,593 $28,970 $5,790 $23,180
2021 $2,574 $28,610 $5,720 $22,890
2020 $2,603 $27,470 $5,490 $21,980
2019 $2,599 $26,010 $5,200 $20,810
2018 $2,555 $24,060 $4,810 $19,250
2017 $2,495 $22,580 $4,510 $18,070
2016 $2,424 $16,350 $3,270 $13,080
2015 $2,243 $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: 6411097

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-54-119