Seller's Agent in 2022
Beverly Kearsley
Realty One Group
(480) 399-2930
2 in this area
27 Total Sales
361 E Palm Ln Unit A Phoenix, AZ 85004
Alvarado Historic District NeighborhoodEstimated Value: $584,000 - $617,000
2
Beds
2
Baths
1,530
Sq Ft
$388/Sq Ft
Est. Value
Highlights
- The property is located in a historic district
- Property is near public transit
- Community Pool
- Phoenix Coding Academy Rated A
- End Unit
- Covered Patio or Porch
About This Home
As of July 2022AMAZING 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
Realty ONE Group License #SA680495000 Listed on: 06/07/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,344
Year Built
- Built in 1968
Lot Details
- 2,693 Sq Ft Lot
- No Common Walls
- 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
- Garage Door Opener
Home Design
- Patio Home
- Property Attached
- 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
- Living Room with Fireplace
Kitchen
- Kitchen Updated in 2022
- Eat-In Kitchen
Flooring
- Floors Updated in 2022
- Tile Flooring
Bedrooms and Bathrooms
- 2 Bedrooms
- Bathroom Updated in 2022
- 2 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
Location
- Property is near public transit
- Property is near a 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
- Mini Split Heat Pump
- Plumbing System Updated in 2021
- Wiring Updated in 2021
- Water Purifier
- 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 sewer, pest control, ground maintenance, street maintenance, front yard maint, trash, water, maintenance exterior
- Vision Community Mgt Association, Phone Number (480) 759-4945
- 353 371 East Palm Lane Tracts A & B Subdivision, Midcentury Modern Floorplan
Recreation
- Community Pool
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$101,208
Avg. Annual Appreciation
-4.54%
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
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 |
|---|---|---|---|
| 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 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 | $2,939 | $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
-
Beverly Kearsley
-
Harrison Verne
Buyer's Agent in 2022
Harrison Verne
AZArchitecture/Jarson & Jarson
(480) 425-9300
1 in this area
16 Total Sales
-
Alison Hamlet
Buyer Co-Listing Agent in 2022
Alison Hamlet
AZArchitecture/Jarson & Jarson
(602) 301-9839
1 in this area
35 Total Sales
-
Tim Knittel
Seller's Agent in 2021
Tim Knittel
Realty Executives
1 in this area
2 Total Sales
-
Jeffery Tipton
Seller's Agent in 2013
Jeffery Tipton
Tipton Realty
(480) 216-9966
56 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6413214
APN: 118-54-074
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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