NOT LISTED FOR SALE

Estimated Value: $565,000 - $608,000

2 Beds
2 Baths
1,530 Sq Ft
$388/Sq Ft Est. Value

Sale Details

Date Sold: July 7, 2022

Last sale price $695,000 $454 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $3,778 / mo

7 Days on Market

Highlights

  • The property is located in a historic district
  • Property is near public transit and bus stop
  • Great Room
  • Phoenix Coding Academy Rated A
  • End Unit
  • Community Pool

About This Home

As of July 2022

AMAZING MIDTOWN LOCATION. Gorgeous **COMPLETELY REMODELED & UPDATED** patio home in the heart of the 'LOS OLIVOS HISTORIC DISTRICT'. Walking distance to Phoenix Theater, Heard Museum, Light Rail, Restaurants, Shops, & Parks. Minutes to Sky Harbor Airport, Downtown Phoenix & Sports Arenas. Nestled in a well-maintained enclave of 14 homes with distinct Mid-Century architectural elements, Construction with 2-foot walls between units ensures added privacy and quiet. High dining room ceiling with clerestory windows. New HVAC system, with supplemental mini-split in dining room, new built-up roof, new plumbing & electrical...Too many seller updates to list. See documents tab for the complete list. This is a true urban oasis in the heart of Phoenix. Definitely a MUST SEE property!

Last Agent to Sell the Property

Beverly Kearsley

Realty ONE Group License #SA680495000 Listed on: 06/07/2022

Last Buyer's Agent

Harrison Verne

AZArchitecture/Jarson & Jarson License #SA698795000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,344

Year Built

  • Built in 1968

Lot Details

  • 2,693 Sq Ft Lot
  • End Unit
  • Private Streets
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $360 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage

Home Design

  • Patio Home
  • Roof Updated in 2021
  • Tile Roof
  • Reflective Roof
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,530 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Tinted Windows
  • Wood Frame Window
  • Great Room
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room

Kitchen

  • Kitchen Updated in 2022
  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Floors Updated in 2022
  • Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Bathroom Updated in 2022
  • 2 Bathrooms
  • Double Vanity

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Location

  • Property is near public transit and bus stop
  • The property is located in a historic district

Schools

  • Emerson Elementary School
  • Phoenix Prep Academy Middle School
  • Central High School

Utilities

  • Cooling System Updated in 2021
  • Mini Split Air Conditioners
  • Zoned Heating and Cooling System
  • Programmable Thermostat
  • Plumbing System Updated in 2021
  • Wiring Updated in 2021
  • Tankless Water Heater
  • Water Purifier
  • Water Softener is Owned
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Hard or Low Nap Flooring
  • ENERGY STAR Qualified Equipment for Heating
  • Covered Patio or Porch

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 118-54-074

Community Details

Overview

  • Association fees include maintenance exterior, water, sewer, trash, pest control, front yard maint, ground maintenance, street maintenance
  • Vision Community Mgt Association, Phone Number (480) 759-4945
  • 353 371 East Palm Lane Tracts A & B Subdivision, Midcentury Modern Floorplan

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,344

Year Built

Built in 1968

Lot Details

2,693 Sq Ft Lot

HOA Fees

$360 per month

Parking

2

Listing Details

  • Cross Street: 7th Street & Palm Lane
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Community Facilities District: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 360.0
  • Cooling HVAC SEER Rating: 14
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2022
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2022
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2021
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2022
  • Updated Plumbing: Full
  • Items Updated Plmbg Yr Updated: 2021
  • Updated Roof: Partial
  • Items Updated Roof Yr Updated: 2021
  • Updated Wiring: Full
  • Items Updated Wiring Yr Updated: 2021
  • Separate Den Office Sep Den Office: N
  • Year Built: 1968
  • Tax Year: 2021
  • Master Model: MidCentury Modern
  • Property Sub Type: Patio Home
  • Horses: No
  • Lot Size Acres: 0.06
  • Subdivision Name: 353-371 EAST PALM LANE TRACTS A & B
  • Architectural Style: Other
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 454.25
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Dishwasher, Disposal, Refrigerator, Gas Oven, Gas Range, Washer, Dryer, Stacked Washer/Dryer, Water Softener Owned, Water Purifier
  • Accessibility Features: Hard/Low Nap Floors
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 3/4 Bath Master Bdrm, Double Vanity, Eat-in Kitchen, Pantry, Non-laminate Counter, High Speed Internet, Other
  • Living Area: 1530.0
  • Stories: 1
  • Window Features: Wood Frames, Dual Pane, Tinted Windows, Skylight(s)

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Street(s)
  • Lot Features: Borders Common Area, Sprinklers In Front, Sprinklers In Rear, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Private: No
  • Disclosures: Seller Discl Avail, Agency Discl Req
  • Common Walls: All on One Level, No Common Walls, End Unit, Poolside, Ground Level
  • Construction Type: Block, Painted, Stucco
  • Patio And Porch Features: Patio, Covered Patio(s)
  • Roof: Built-Up, Tile, Reflective Coating

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Attch'd Gar Cabinets, Direct Access
  • Attached Garage: No
  • Garage Spaces: 2.0

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Programmable Thmstat, ENERGY STAR Qualified Equipment, Ductless
  • Heating: Electric, ENERGY STAR Qualified Equipment
  • Laundry Features: Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Historic District, Near Light Rail Stop, Near Bus Stop
  • Association Fee: 360.0
  • Association Fee Frequency: Monthly
  • Association Name: Palm Lane Alley HOA
  • Phone: 480-759-4945
  • Association: Yes

Association/Amenities

  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:HOA Management Company: Vision Community Mgt
  • Association Fees:HOA Management Phone: 480-759-4945
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Exterior, Water, Sewer, Trash, Pest Control, Front Yard Maint, Maintenance Grounds, Street Maint

Schools

  • Elementary School: Emerson Elementary School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Phoenix Prep Academy

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2693.0
  • Parcel #: 118-54-074

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 2344.0
  • Tax Book Number: 118.0
  • Tax Lot: 7
  • Tax Map Number: 54.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2022
Closed on
Jul 19, 2022
Sold by
Howard Layon Richard and Howard Michelle Marnie
Bought by
Layon Richard Howard and Layon Marnie Michelle
Seller's Agent
Beverly Kearsley
Realty ONE Group
Buyer's Agent
Harrison Verne
AZArchitecture/Jarson & Jarson
List Price
$695,000
Sold Price
$695,000
Current Estimated Value
$594,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$100,627
Avg. Annual Appreciation
-4.06%
Original Mortgage
$472,500
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 7, 2022
Closed on
Jun 30, 2022
Sold by
J And P Streetman Trust
Bought by
Layon Richard Howard and Layon Marnie Michelle
Seller's Agent
Beverly Kearsley
Realty ONE Group
Buyer's Agent
Harrison Verne
AZArchitecture/Jarson & Jarson
List Price
$695,000
Sold Price
$695,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 14, 2021
Closed on
Aug 4, 2021
Sold by
Mcclain Rebecca L
Bought by
Streetman James W and Streetman Margaret M
Seller's Agent
Tim Knittel
Realty Executives Arizona Territory
Buyer's Agent
Beverly Kearsley
Realty ONE Group
List Price
$469,000
Sold Price
$490,000
Premium/Discount to List
$21,000
4.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.45%
Original Mortgage
$250,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 12, 2013
Closed on
Nov 8, 2013
Sold by
Rideau Charles E
Bought by
Mcclain Rebecca L
Seller's Agent
Jeffery Tipton
Tipton Realty
Buyer's Agent
Tim Knittel
Realty Executives Arizona Territory
List Price
$269,900
Sold Price
$266,000
Premium/Discount to List
-$3,900
-1.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.30%
Original Mortgage
$212,800
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2003
Sold by
Rideau Charles E
Bought by
Rideau Christopher A and Rideau Caren A
Source: Public Records
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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
Layon Richard Howard -- Professional Escrow Resources
Layon Richard Howard $695,000 Grand Canyon Title
Streetman James W $490,000 Equity Title Agency Inc
Mcclain Rebecca L $266,000 Security Title Agency
Rideau Christopher A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Layon Richard Howard $472,500
Previous Owner Streetman James W $250,000
Previous Owner Mcclain Rebecca L $212,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/07/2022 07/07/22 Sold $695,000 0.0% $454 / Sq Ft
06/14/2022 06/14/22 Pending -- -- --
06/07/2022 06/07/22 For Sale $695,000 +41.8% $454 / Sq Ft
08/13/2021 08/13/21 Sold $490,000 +4.5% $320 / Sq Ft View Prior Sale
07/15/2021 07/15/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $469,000 +76.3% $307 / Sq Ft
12/18/2013 12/18/13 Sold $266,000 -1.4% $174 / Sq Ft View Prior Sale
10/31/2013 10/31/13 Pending -- -- --
10/12/2013 10/12/13 For Sale $269,900 -- $176 / 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 $2,939 $20,490 -- --
2024 $2,742 $19,514 -- --
2023 $2,742 $40,050 $8,010 $32,040
2022 $2,342 $31,330 $6,260 $25,070
2021 $2,344 $30,310 $6,060 $24,250
2020 $2,377 $30,310 $6,060 $24,250
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

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6413214

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-54-074

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