Seller's Agent in 2014
Craig Bennett
Russ Lyon Sotheby's International Realty
(602) 908-5279
75 Total Sales
355 E Palm Ln Phoenix, AZ 85004
Alvarado Historic District NeighborhoodEstimated Value: $399,000 - $652,000
2
Beds
2
Baths
1,530
Sq Ft
$361/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Spanish Architecture
- Community Pool
- Emerson Elementary School Rated 9+
- Granite Countertops
- Eat-In Kitchen
About This Home
As of October 2014This 2 Bedroom 2 Bath Townhome is located on Palm Lane! Convenient to everything you love about living in the heart of it all, Phoenix Art Museum, Heard Museum, Light Rail, Freeway access, First Fridays and so much more. This townhouse was recently renovated, keeping the mid century sensitivities to the interior, maintaining the character of the exterior and adding all the modern conveniences. All new kitchen, bath vanities, plumbing fixtures, flooring, doors and hardware are just a few of the many updates made to this great downtown property. You will love the small, neighborhood feel of this complex in the middle of it all! Be sure to put this property on your tour today!
Last Agent to Sell the Property
Russ Lyon Sotheby's International Realty License #BR024633000 Listed on: 09/07/2014
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,777
Year Built
- Built in 1968
Lot Details
- 2,529 Sq Ft Lot
- Desert faces the back of the property
- Block Wall Fence
- Front and Back Yard Sprinklers
- Sprinklers on Timer
- Grass Covered Lot
HOA Fees
Parking
- 2 Car Garage
- Garage Door Opener
Home Design
- Spanish Architecture
- Built-Up Roof
- Block Exterior
- Stucco
Interior Spaces
- 1,530 Sq Ft Home
- 1-Story Property
- Ceiling height of 9 feet or more
- Ceiling Fan
Kitchen
- Eat-In Kitchen
- Built-In Microwave
- Granite Countertops
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Remodeled Bathroom
- 2 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
Outdoor Features
- Patio
Location
- Property is near public transit
- Property is near a bus stop
Schools
- Emerson Elementary School
- Phoenix Prep Academy Middle School
- Central High School
Utilities
- Refrigerated Cooling System
- Heating Available
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Tax Lot 3
- Assessor Parcel Number 118-54-070
Community Details
Overview
- Association fees include sewer, cable TV, ground maintenance, street maintenance, front yard maint, trash, water
- E Palm Lane Alley Co Association, Phone Number (602) 617-6053
- East Palm Lane Tracts Subdivision
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 7, 2014
Closed on
Oct 18, 2014
Sold by
Murphy James and Murphy Dianne
Bought by
The Murphy Revocable Trust
Seller's Agent
Craig Bennett
Russ Lyon Sotheby's International Realty
Buyer's Agent
Tracy Williamson
Citiea
List Price
$299,500
Sold Price
$286,500
Premium/Discount to List
-$13,000
-4.34%
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
$297,055
Avg. Annual Appreciation
7.13%
Original Mortgage
$216,000
Outstanding Balance
$168,084
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$435,216
Purchase Details
Listed on
Sep 7, 2014
Closed on
Sep 24, 2014
Sold by
Cabrera Carlos M and Cabrera Raquel B
Bought by
Murphy James and Murphy Dianne
Seller's Agent
Craig Bennett
Russ Lyon Sotheby's International Realty
Buyer's Agent
Tracy Williamson
Citiea
List Price
$299,500
Sold Price
$286,500
Premium/Discount to List
-$13,000
-4.34%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Outstanding Balance
$168,084
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$435,216
Purchase Details
Listed on
Oct 6, 2013
Closed on
Jan 21, 2014
Sold by
Fannie Mae
Bought by
Cabrera Carlos M and Cabrera Raquel R
Seller's Agent
Cynthia Kenner
HomeSmart
Buyer's Agent
Craig Bennett
Russ Lyon Sotheby's International Realty
List Price
$250,000
Sold Price
$210,000
Premium/Discount to List
-$40,000
-16%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.95%
Purchase Details
Closed on
May 3, 2013
Sold by
Farnandis Ben J and Farnandis Barbara J
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Mar 28, 2007
Sold by
Farnandis Ben J and Farnandis Barbara J
Bought by
Farnandis Ben J and Farnandis Barbara J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
5.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 23, 2007
Sold by
Farnandis Ben J and Farnandis Teniya J
Bought by
Farnandis Ben J and Farnandis Barbara J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
5.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 18, 2003
Sold by
Farnandis Ben J and Farnandis Teniya J
Bought by
Farnandis Ben J and Farnandis Teniya J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,600
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 11, 2003
Sold by
Trumbo William D
Bought by
Farnandis Ben J and Farnandis Teniya J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,600
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 21, 2001
Sold by
Goodman Jeff
Bought by
Trumbo William D
Purchase Details
Closed on
Feb 19, 1997
Sold by
Cain Larry L
Bought by
Goodman Jeff
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,400
Interest Rate
7.85%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 7, 1995
Sold by
Weaver Leta
Bought by
Cain Larry L
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| The Murphy Revocable Trust | -- | Accommodation | |
| Murphy James | $286,500 | Great Amer Title Agency Inc | |
| Cabrera Carlos M | $210,000 | Stewart Title & Trust Of Pho | |
| Federal National Mortgage Association | $201,331 | Great American Title Agency | |
| Farnandis Ben J | -- | None Available | |
| Farnandis Ben J | -- | Capital Title Agency Inc | |
| Farnandis Ben J | -- | Capital Title Agency Inc | |
| Farnandis Ben J | $154,000 | Capital Title Agency Inc | |
| Trumbo William D | $154,000 | Transnation Title Insurance | |
| Goodman Jeff | $113,000 | Old Republic Title Agency | |
| Cain Larry L | $74,000 | Old Republic Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Murphy James | $216,000 | |
| Previous Owner | Farnandis Ben J | $185,000 | |
| Previous Owner | Farnandis Ben J | $138,600 | |
| Previous Owner | Goodman Jeff | $90,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/20/2014 10/20/14 | Sold | $286,500 | -4.3% | $187 / Sq Ft |
| 09/10/2014 09/10/14 | Pending | -- | -- | -- |
| 09/07/2014 09/07/14 | For Sale | $299,500 | +42.6% | $196 / Sq Ft |
| 01/31/2014 01/31/14 | Sold | $210,000 | -6.7% | $137 / Sq Ft |
| 01/20/2014 01/20/14 | Pending | -- | -- | -- |
| 01/20/2014 01/20/14 | Price Changed | $225,000 | 0.0% | $147 / Sq Ft |
| 12/20/2013 12/20/13 | Pending | -- | -- | -- |
| 11/07/2013 11/07/13 | Price Changed | $225,000 | -10.0% | $147 / Sq Ft |
| 10/06/2013 10/06/13 | For Sale | $250,000 | -- | $163 / Sq Ft |
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 | $2,458 | $20,490 | -- | -- |
| 2024 | $2,434 | $19,514 | -- | -- |
| 2023 | $2,434 | $39,950 | $7,990 | $31,960 |
| 2022 | $2,342 | $31,250 | $6,250 | $25,000 |
| 2021 | $2,344 | $30,230 | $6,040 | $24,190 |
| 2020 | $2,377 | $30,230 | $6,040 | $24,190 |
| 2019 | $2,378 | $27,770 | $5,550 | $22,220 |
| 2018 | $2,336 | $25,600 | $5,120 | $20,480 |
| 2017 | $2,249 | $21,600 | $4,320 | $17,280 |
| 2016 | $2,178 | $19,630 | $3,920 | $15,710 |
| 2015 | $1,986 | $18,970 | $3,790 | $15,180 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller's Agent in 2014
Cynthia Kenner
HomeSmart
(602) 571-6185
24 Total Sales
-
Seller Co-Listing Agent in 2014
Amy Miller
My Home Group
(602) 312-3644
8 Total Sales
-
S
Seller Co-Listing Agent in 2014
Stacie Brath
Keller Williams Realty Biltmore Partners
-
Buyer's Agent in 2014
Tracy Williamson
Citiea
(602) 818-1481
23 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5168338
APN: 118-54-070
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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