Seller's Agent in 2022
Kirsten Snyder
Realty One Group
(602) 505-0860
1 in this area
43 Total Sales
325 E Palm Ln Unit 111 Phoenix, AZ 85004
Alvarado Historic District NeighborhoodEstimated Value: $512,000 - $569,000
2
Beds
2.5
Baths
1,626
Sq Ft
$332/Sq Ft
Est. Value
Highlights
- Gated Community
- City Lights View
- Contemporary Architecture
- Phoenix Coding Academy Rated A
- Two Primary Bathrooms
- Property is near public transit and bus stop
About This Home
As of June 2022This modern loft condominium designed by the superb architect Ilan Baldinger features distinctive architecture and sophisticated design throughout. Amazing end unit with beautiful block construction combining concrete and steel details. Built in the 2-bedroom option, it features two spacious primary suites, with another powder room downstairs, open concept kitchen, laundry room and amazing light with floor to ceiling windows. Relax on the upper deck or enjoy dining al fresco on the lower spacious patio. Located on a gorgeous palm lined street in a quiet residential area/mixed use office space. Additionally, enjoy the lowest HOA fees in the area. Close to so many restaurants and minutes from all downtown Phoenix has to offer! Invest in this architecturally significant property downtown.
Last Agent to Sell the Property
Realty ONE Group License #SA539260000 Listed on: 05/15/2022
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,832
Year Built
- Built in 2006
Lot Details
- 803 Sq Ft Lot
- Two or More Common Walls
- Desert faces the front and back of the property
- Wrought Iron Fence
HOA Fees
- $180 Monthly HOA Fees
Home Design
- Designed by Ilan Baldinger Architects
- Contemporary Architecture
- Foam Roof
- Block Exterior
- Stone Exterior Construction
Interior Spaces
- 1,626 Sq Ft Home
- 2-Story Property
- Ceiling height of 9 feet or more
- Double Pane Windows
- City Lights Views
Kitchen
- Breakfast Bar
- Built-In Microwave
- Granite Countertops
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- Two Primary Bathrooms
- Primary Bathroom is a Full Bathroom
- 2.5 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
Parking
- 2 Carport Spaces
- Assigned Parking
Outdoor Features
- Balcony
- Covered Patio or Porch
Location
- Property is near public transit and bus stop
Schools
- Emerson Elementary School
- Phoenix Prep Academy Middle School
- Phoenix Union - Wilson College Preparatory High School
Utilities
- Refrigerated Cooling System
- Heating Available
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 111 / 700
- Assessor Parcel Number 118-54-127
Community Details
Overview
- Association fees include roof repair, insurance, sewer, ground maintenance, front yard maint, trash, water, maintenance exterior
- Palm Lane Urban Lvg Association, Phone Number (402) 321-5271
- Built by Ilan Baldinger Architect
- Palm Lane Urban Living Condominium Subdivision
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 15, 2022
Closed on
Jun 14, 2022
Sold by
Ayala Rivero Juan Jose and Ayala Alejandra Erika
Bought by
Bovee Calvin G
Seller's Agent
Kirsten Snyder
Realty ONE Group
Buyer's Agent
Brad Kimmelman
Russ Lyon Sotheby's International Realty
List Price
$575,000
Sold Price
$605,000
Premium/Discount to List
$30,000
5.22%
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
-$65,188
Avg. Annual Appreciation
-3.12%
Original Mortgage
$484,000
Outstanding Balance
$460,528
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$79,284
Purchase Details
Closed on
Nov 15, 2005
Sold by
Palm Lane Llc
Bought by
Rivero Juan Jose Ayala and Ayala Erika Alejandra
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,200
Interest Rate
1%
Mortgage Type
Negative Amortization
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bovee Calvin G | $605,000 | Arizona Premier Title | |
| Rivero Juan Jose Ayala | $402,256 | The Talon Group Tatum Garden |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bovee Calvin G | $484,000 | |
| Previous Owner | Rivero Juan Jose Ayala | $319,200 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/21/2022 06/21/22 | Sold | $605,000 | +5.2% | $372 / Sq Ft |
| 05/22/2022 05/22/22 | Pending | -- | -- | -- |
| 05/13/2022 05/13/22 | For Sale | $575,000 | -- | $354 / 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 | $3,260 | $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 | $2,832 | $32,250 | $6,450 | $25,800 |
| 2020 | $2,864 | $30,720 | $6,140 | $24,580 |
| 2019 | $2,860 | $29,630 | $5,920 | $23,710 |
| 2018 | $3,130 | $25,960 | $5,190 | $20,770 |
| 2017 | $2,426 | $24,480 | $4,890 | $19,590 |
| 2016 | $2,357 | $17,830 | $3,560 | $14,270 |
| 2015 | $2,148 | $18,480 | $3,690 | $14,790 |
Source: Public Records
Agents Affiliated with this Home
-
Kirsten Snyder
-
Mary Interiano
Seller Co-Listing Agent in 2022
Mary Interiano
Realty One Group
(602) 402-2580
1 in this area
35 Total Sales
-
Brad Kimmelman
Buyer's Agent in 2022
Brad Kimmelman
Russ Lyon Sotheby's International Realty
(480) 788-1321
1 in this area
91 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6400063
APN: 118-54-127
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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