NOT LISTED FOR SALE

Estimated Value: $312,936 - $361,000

2 Beds
2 Baths
938 Sq Ft
436 Sq Ft Lot

Last Sold July 26, 2013

Last sale price $157,500 $168 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $1,917/month

17 Days on Market

Highlights

  • Heated Spa
  • Gated Community
  • Clubhouse
  • Phoenix Coding Academy Rated A
  • City Lights View
  • Contemporary Architecture

About This Home

As of July 2013

Unbeatable value in a fantastic Midtown LOCATION! 3rd Ave Palms is a highly sought after, gated community featuring a heated pool, spa & fitness center. Walk to the LIGHT RAIL! This 2 bedroom home has NEW WOOD FLOORS in the living room/kitchen & NEW CARPET in both bedrooms/stairs. Kitchen boasts STAINLESS STEEL APPLIANCES & GRANITE COUNTERS. All kitchen appliances & washer/dryer included in the sale. UPDATED MASTER BATH - AWESOME SHOWER. One car garage. FURNITURE INCLUDED. Dining, business, arts, entertainment, museums, theater, nightlife. You don’t want to miss this one!

Last Agent to Sell the Property

Lindsay Erickson

Polly Mitchell Global Realty License #BR548531000 Listed on: 05/22/2013

Last Buyer's Agent

Falk Kramer

Jess & Associates License #SA647570000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,109

Year Built

  • Built in 1999

Lot Details

  • Wrought Iron Fence
  • Block Wall Fence

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Foam Roof
  • Stucco

Interior Spaces

  • 938 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Living Room with Fireplace
  • City Lights Views

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Home Security

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Balcony

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Clarendon Elementary School
  • Osborn Middle School
  • Central High School

Utilities

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

Listing and Financial Details

  • Tax Lot 2019
  • Assessor Parcel Number 118-30-110

Community Details

Overview

  • Property has a Home Owners Association
  • Aam Association, Phone Number (602) 957-9191
  • 3Rd Avenue Palms Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Heated Community Pool
  • Community Spa

Security

  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,109

Year Built

Built in 1999

Lot Details

0

Parking

1

Listing Details

  • Cross Street: Osborn & 3rd Avenue
  • Legal Info Range: 3E
  • Property Type: Residential
  • HOA #2: N
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 200.27
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Updated Floors: Full
  • Parking Spaces Total Covered Spaces: 1.0
  • Year Built: 1999
  • Tax Year: 2012
  • Property Sub Type: Apartment Style/Flat
  • Lot Size Acres: 0.01
  • Subdivision Name: 3rd Avenue Palms
  • Architectural Style: Contemporary
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 167.91
  • Association Fees:HOA Fee2: 200.27
  • Cooling:Ceiling Fan(s): Yes
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Laundry:Stacked WasherDryer: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Flooring: Carpet, Wood
  • Spa Features: Community, Heated, None
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Walk-In Closet(s), 9+ Flat Ceilings, Furnished(See Rmrks), Fire Sprinklers, 3/4 Bath Master Bdrm, High Speed Internet, Granite Counters
  • Living Area: 938.0
  • Stories: 3
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Community Spa: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Community Features:Near Light Rail Stop: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Balcony
  • Pool Features: Community, Heated, None
  • View: City Lights
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Frame - Wood
  • Roof: Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Electric Door Opener, Detached
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Detached: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Near Light Rail Stop, Near Bus Stop, Pool, Clubhouse
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee Frequency: Monthly
  • Association Name: AAM
  • Phone: 602-957-9191
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 665.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: AAM
  • 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:Street Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: 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: Clarendon School
  • High School: Central High School
  • Middle Or Junior School: Osborn Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 525.0
  • Parcel #: 118-30-110
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1108.9
  • Tax Book Number: 118.00
  • Tax Lot: 2019
  • Tax Map Number: 30.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2013
Closed on
Jul 11, 2013
Sold by
Freebury Russell and Freebury Carole
Bought by
Coleman Lynne S
Seller's Agent
Lindsay Erickson
Polly Mitchell Global Realty
Buyer's Agent
Falk Kramer
Jess & Associates
List Price
$157,500
Sold Price
$157,500
Current Estimated Value
$340,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,984
Avg. Annual Appreciation
6.41%
Original Mortgage
$149,625
Outstanding Balance
$109,075
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$231,409

Purchase Details

Closed on
Sep 30, 2010
Sold by
Fannie Mae
Bought by
Freebury Russell and Freebury Carole

Purchase Details

Closed on
Jun 22, 2010
Sold by
Meave Gerardo Alex and Meave Karlo
Bought by
Metlife Home Loans

Purchase Details

Closed on
Jun 9, 2010
Sold by
Metlife Home Loans
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 17, 2007
Sold by
Central Villas Llc
Bought by
Meave Gerardo Alex and Meave Karlo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2007
Sold by
Central Villas Llc
Bought by
Stewart Curt and Stewart Jan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.62%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
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
Coleman Lynne S $157,500 Equity Title Agency Inc
Freebury Russell $90,000 Old Republic Title Company
Metlife Home Loans $191,421 Lawyers Title Company
Federal National Mortgage Association -- Lawyers Title Company
Meave Gerardo Alex $220,000 The Talon Group Tempe Supers
Stewart Curt $309,900 The Talon Group Tempe Supers
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coleman Lynne S $149,625
Previous Owner Meave Gerardo Alex $220,000
Previous Owner Stewart Curt $247,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2013 07/26/13 Sold $157,500 0.0% $168 / Sq Ft
06/08/2013 06/08/13 Pending -- -- --
05/22/2013 05/22/13 For Sale $157,500 -- $168 / 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 $1,530 $13,392 -- --
2024 $1,422 $12,754 -- --
2023 $1,422 $23,370 $4,670 $18,700
2022 $1,416 $18,560 $3,710 $14,850
2021 $1,458 $18,250 $3,650 $14,600
2020 $1,418 $17,080 $3,410 $13,670
2019 $1,352 $16,410 $3,280 $13,130
2018 $1,303 $14,610 $2,920 $11,690
2017 $1,186 $12,880 $2,570 $10,310
2016 $1,142 $12,220 $2,440 $9,780
2015 $1,064 $10,280 $2,050 $8,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4940712

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-30-110