NOT LISTED FOR SALE

Estimated Value: $512,839 - $584,000

2 Beds
2.5 Baths
1,626 Sq Ft
$337/Sq Ft Est. Value

Last Sold October 04, 2017

Last sale price $333,000 $205 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,287/month

17 Days on Market

Highlights

  • Gated Parking
  • Contemporary Architecture
  • Wood Flooring
  • Emerson Elementary School Rated 9+
  • Property is near public transit
  • End Unit

About This Home

As of October 2017

Highly upgraded end unit at Palm Lane Urban Living offers loft style townhome living surrounded by superb architecture and complete attention to detail! The Mid-town location is fantastic & offers you all the features of high rise loft living in a private and affordable luxury setting! Walk to Phx Art Museum, Heard and commute on the Light Rail. This is a 2-bedroom loft home with twin master suites. Highly upgraded, sophisticated & classy: custom changes include maple hardwood & concrete floors + lux carpet. World-class contemporary architecture: wood finish contemporary European kitchens, Black granite counters, designer fixtures/lighting, block construction, aluminum & steel details, floor-to-ceiling glass, 2 large patios - 1 with firepit and BBQ, walk out upper deck...WOW!

Last Listed By

Debbie Jarson

AZArchitecture/Jarson & Jarson License #BR007828000 Listed on: 08/05/2017

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,667

Year Built

  • Built in 2006

Lot Details

  • 803 Sq Ft Lot
  • End Unit
  • 1 Common Wall
  • Block Wall Fence

HOA Fees

  • $160 Monthly HOA Fees

Home Design

  • Designed by Ilan Baldinger Architects
  • Contemporary Architecture
  • Foam Roof
  • Block Exterior

Interior Spaces

  • 1,626 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Carport Spaces
  • Gated Parking
  • Assigned Parking
  • Community Parking Structure

Outdoor Features

  • Balcony
  • Patio

Location

  • Property is near public transit

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Community Details

  • Palm Lane Urban HOA, Phone Number (480) 215-2131
  • Built by Ilan Baldinger
  • Palm Lane Urban Living Condominium Subdivision

Listing and Financial Details

  • Tax Lot 104
  • Assessor Parcel Number 118-54-120

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,667

Year Built

Built in 2006

Lot Details

0

HOA Fees

$160 per month

Listing Details

  • Cross Street: Central Avenue & Palm Lane
  • Legal Info Range: 3E
  • Property Type: Residential
  • Architect Architect: Ilan Baldinger
  • 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: N
  • Year Built: 2006
  • Tax Year: 2016
  • Directions: From Central or 3rd Street go NORTH to Palm Lane. East on Palm to Property on South Side of Street.
  • Attribution Contact: info@azarchitecture.com
  • Property Sub Type: Townhouse
  • Lot Size Acres: 0.02
  • Co List Office Mls Id: jarj01
  • Co List Office Phone: 480-425-9300
  • Subdivision Name: PALM LANE URBAN LIVING CONDOMINIUM
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 160.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Wood, Concrete
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Eat-in Kitchen, Breakfast Bar, Soft Water Loop, Kitchen Island, 3/4 Bath Master Bdrm, Double Vanity, High Speed Internet, Granite Counters
  • Living Area: 1626.0
  • Stories: 2
  • Window Features: Double Pane Windows
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Loft: Yes
  • Community Features:Near Light Rail Stop: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Patio
  • Lot Features: Corner Lot, Gravel/Stone Front
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: 1 Common Wall, End Unit
  • Construction Type: Other, See Remarks, Block
  • Roof: Foam
  • Construction:Block: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Assigned, Community Structure, Gated
  • Attached Garage: No
  • Carport Spaces: 2.0
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Gated Parking: Yes
  • Parking Features:Community Structure: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Light Rail Stop
  • Amenities: Rental OK (See Rmks)
  • Association Fee Frequency: Monthly
  • Association Name: PALM LANE URBAN HOA
  • Phone: 480-215-2131
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 75.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: PALM LANE URBAN HOA
  • Association Fees:HOA Telephone4: 480-215-2131
  • 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_: %
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Schools

  • Elementary School: Kenilworth Elementary School
  • High School: Central High School
  • Middle Or Junior School: Abraham Lincoln Traditional School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 803.0
  • Parcel #: 118-54-120
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Ilan Baldinger

Tax Info

  • Tax Annual Amount: 2667.0
  • Tax Book Number: 118.00
  • Tax Lot: 104
  • Tax Map Number: 54.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2017
Closed on
Oct 2, 2017
Sold by
Smith Scott C and Oliver Smith Kristy K
Bought by
Ferros Ashley and Ferros Erika
Seller's Agent
Debbie Jarson
AZArchitecture/Jarson & Jarson
Buyer's Agent
Katherine Quinif Reckling
HomeSmart
Sold Price
$333,000
Total Days on Market
17
Current Estimated Value
$547,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,460
Avg. Annual Appreciation
6.81%
Original Mortgage
$299,700
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 19, 2011
Closed on
May 2, 2012
Sold by
Liebman Michael S
Bought by
Smith Scott C and Oliver Smith Kristy K
Seller's Agent
Scott Jarson
AZArchitecture/Jarson & Jarson
Buyer's Agent
Scott Jarson
AZArchitecture/Jarson & Jarson
List Price
$399,000
Sold Price
$200,000
Premium/Discount to List
-$199,000
-49.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.98%
Original Mortgage
$150,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2006
Sold by
Liebman Michael S
Bought by
Liebman Michael S and The Michael S Liebman Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,887
Interest Rate
6.18%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 15, 2005
Sold by
Palm Lane Llc
Bought by
Liebman Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,663
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Ferros Ashley $333,000 Grand Canyon Title Agency
Smith Scott C $200,000 Clear Title Agency Of Arizon
Liebman Michael S -- The Talon Group Tatum Garden
Liebman Michael S $398,329 The Talon Group Tatum Garden
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferros Ashley $265,000
Closed Ferros Ashley $299,700
Previous Owner Smith Scott $95,000
Previous Owner Smith Scott C $150,000
Previous Owner Liebman Michael S $50,887
Previous Owner Liebman Michael S $318,663
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2017 10/04/17 Sold $333,000 -4.6% $205 / Sq Ft
08/15/2017 08/15/17 Price Changed $349,000 0.0% $215 / Sq Ft
12/19/2014 12/19/14 Rented $1,800 +5.9% --
12/12/2014 12/12/14 Under Contract -- -- --
11/15/2014 11/15/14 For Rent $1,700 -5.6% --
07/14/2012 07/14/12 Rented $1,800 0.0% --
07/03/2012 07/03/12 Under Contract -- -- --
06/01/2012 06/01/12 For Rent $1,800 0.0% --
05/25/2012 05/25/12 Sold $200,000 -8.7% $123 / Sq Ft
01/07/2012 01/07/12 Pending -- -- --
01/06/2012 01/06/12 Price Changed $219,000 -12.0% $135 / Sq Ft
12/08/2011 12/08/11 Price Changed $249,000 -12.6% $153 / Sq Ft
10/14/2011 10/14/11 Price Changed $285,000 -28.6% $175 / Sq Ft
08/19/2011 08/19/11 For Sale $399,000 -- $245 / Sq Ft
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 $2,648 $22,337 -- --
2024 $2,623 $21,273 -- --
2023 $2,623 $39,720 $7,940 $31,780
2022 $2,523 $32,750 $6,550 $26,200
2021 $2,525 $32,250 $6,450 $25,800
2020 $2,561 $30,720 $6,140 $24,580
2019 $2,561 $29,630 $5,920 $23,710
2018 $2,516 $25,960 $5,190 $20,770
2017 $2,745 $24,480 $4,890 $19,590
2016 $2,667 $17,830 $3,560 $14,270
2015 $2,468 $18,480 $3,690 $14,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5642648

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-54-120