325 E Palm Ln Unit 103 Phoenix, AZ 85004
Alvarado Historic District NeighborhoodEstimated Value: $465,062
1
Bed
1.5
Baths
1,469
Sq Ft
$180/mo
HOA Fee
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.
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
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%
Total Days on Market
114
Views
20
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,062
Avg. Annual Appreciation
1.40%
Original Mortgage
$300,000
Outstanding Balance
$292,654
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$162,860
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
$162,860
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
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 | $50,000 | |
| 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
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
-
Shawn Hertzog
Seller's Agent in 2022
Shawn Hertzog
West USA Realty
(602) 684-2009
1 in this area
20 Total Sales
-
Zachary Hortman
Buyer's Agent in 2022
Zachary Hortman
HomeSmart Realty
(602) 761-4600
1 in this area
26 Total Sales
-
Kathleen M. Moum
Seller Co-Listing Agent in 2018
Kathleen M. Moum
West USA Realty
(602) 430-0206
53 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6411097
APN: 118-54-119
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.
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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