NOT LISTED FOR SALE

367 E Palm Ln Phoenix, AZ 85004

Alvarado Historic District Neighborhood

Estimated Value: $529,318 - $613,000

3 Beds
2 Baths
1,530 Sq Ft
$378/Sq Ft Est. Value

Last Sold September 22, 2014

Last sale price $250,000 $163 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $3,490/month

2 Days on Market

Highlights

  • Contemporary Architecture
  • Community Pool
  • Eat-In Kitchen
  • Phoenix Coding Academy Rated A
  • Covered Patio or Porch
  • Dual Vanity Sinks in Primary Bathroom

About This Home

As of September 2014

*** ANOTHER CPLC NSP2 OPPORTUNITY *** THIS FANTASTIC PATIO HOME IS LOCATED IN THE HEART OF THE CENTRAL CORRIDOR - NESTLED IN AMONGST THE CHARM OF THE HISTORIC DISTRICTS... ONLY 14 PATIO-HOMES IN THIS COMMUNITY... SINGLE-LEVEL WITH 3-BDRMS - 2-BATHS... SUNKEN LIVING ROOM... CORNER-SET FIREPLACE... HIGH CEILINGS W/CLERESTORY WINDOWS... FORMAL DINING ROOM... PRIVATE REAR PATIO W/BUILT-IN BBQ... 2 CAR GARAGE... NEUTRAL COLOR SCHEME T/O... CERAMIC TILE & CARPETING... COMMUNITY POOL AT THE SOUTH-END OF THE COMPLEX... MOVE-IN READY... NSP2 RESTRICTIONS & GUIDELINES APPLY - NO EXCEPTIONS.

Last Agent to Sell the Property

Cece San Diego

NextHome Locations License #BR034086000 Listed on: 08/15/2014

NextHome Locations

Co-Listed By

Greg Miller

Tiempo, Inc License #SA516073000

Last Buyer's Agent

Bruce Kimura

AZ Secure Real Estate License #BR006677000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,142

Year Built

  • Built in 1968

Lot Details

  • 2,634 Sq Ft Lot
  • Two or More Common Walls
  • Block Wall Fence
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Spanish Architecture
  • Patio Home
  • Property Attached
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,530 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Covered Patio or Porch

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 12
  • Assessor Parcel Number 118-54-079

Community Details

Overview

  • Association fees include ground maintenance, front yard maint
  • East Palm Lane HOA, Phone Number (602) 617-6053
  • 353 371 East Palm Lane Tracts A & B Subdivision, Spanish Contempo Floorplan

Recreation

  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,142

Year Built

Built in 1968

Lot Details

0

HOA Fees

$220 per month

Parking

2

Listing Details

  • Cross Street: 7TH STREET & McDOWELL ROAD
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 220.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1968
  • Tax Year: 2013
  • Master Model: SPANISH CONTEMPO
  • Property Sub Type: Patio Home
  • Horses: No
  • Lot Size Acres: 0.06
  • Co List Office Mls Id: laca01
  • Co List Office Phone: 602-257-6762
  • Subdivision Name: 353-371 EAST PALM LANE TRACTS A & B
  • Architectural Style: Contemporary, Spanish
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 163.4
  • Association Fees:HOA Fee2: 220.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, 3/4 Bath Master Bdrm, Double Vanity, High Speed Internet
  • Living Area: 1530.0
  • Stories: 1
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s)
  • Lot Features: Alley, Grass Front, Auto Timer H2O Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Common Walls: Two Common Walls
  • Construction Type: Painted, Stucco, Slump Block
  • Roof: Built-Up
  • Exterior Features:Covered Patio(s): Yes
  • Construction:Slump Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 220.0
  • Association Fee Frequency: Monthly
  • Association Name: EAST PALM LANE HOA
  • Phone: 602-617-6053
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 250.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: EAST PALM LANE HOA
  • 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:Front Yard Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Front Yard 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: 2634.0
  • Parcel #: 118-54-079
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Annual Amount: 1142.0
  • Tax Book Number: 118.00
  • Tax Lot: 12
  • Tax Map Number: 54.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2014
Closed on
Sep 11, 2014
Sold by
Chicanos Por La Causa Inc
Bought by
Chen Joshua C
Seller's Agent
Cece San Diego
NextHome Locations
Buyer's Agent
Bruce Kimura
AZ Secure Real Estate
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$578,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,080
Avg. Annual Appreciation
7.78%
Original Mortgage
$190,000
Outstanding Balance
$145,242
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$432,838

Purchase Details

Listed on
Jan 11, 2014
Closed on
Mar 6, 2014
Sold by
Bank Of America National Association
Bought by
Cplc Holding & Asset Management Co Llc
Seller's Agent
Cece San Diego
NextHome Locations
Buyer's Agent
Bruce Kimura
AZ Secure Real Estate
List Price
$237,000
Sold Price
$237,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.82%

Purchase Details

Closed on
Dec 3, 2013
Sold by
Rideau Burleigh A and Rideau Jacquelin S
Bought by
Bank Of America National Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Chen Joshua C $250,000 First American Title
Cplc Holding & Asset Management Co Llc $234,630 Servicelink
Bank Of America National Association $231,184 Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Joshua C $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/22/2014 09/22/14 Sold $250,000 0.0% $163 / Sq Ft
08/17/2014 08/17/14 Pending -- -- --
08/15/2014 08/15/14 For Sale $250,000 +5.5% $163 / Sq Ft
03/15/2014 03/15/14 Sold $237,000 0.0% $155 / Sq Ft View Prior Sale
01/29/2014 01/29/14 Pending -- -- --
01/11/2014 01/11/14 For Sale $237,000 -- $155 / 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 $2,619 $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

  • Cece San Diego

    Seller's Agent in 2014

    Cece San Diego

    NextHome Locations

    (602) 460-4588

    46 Total Sales

    Cece San Diego
    Section Image
  • Greg Miller

    Seller Co-Listing Agent in 2014

    Greg Miller

    Tiempo, Inc

    (602) 282-8490

    Greg Miller
    Section Image

  • B

    Buyer's Agent in 2014

    Bruce Kimura

    AZ Secure Real Estate

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5161006

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-54-079

Arizona Maricopa County Phoenix 85004 Alvarado Historic District

367 E Palm Ln, Phoenix, AZ

Not Listed for Sale

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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