NOT LISTED FOR SALE

38 W Palm Ln Phoenix, AZ 85003

Willo Neighborhood

Estimated Value: $1,850,446 - $2,120,000

3 Beds
5.5 Baths
5,192 Sq Ft
$381/Sq Ft Est. Value

Last Sold November 30, 2022

Last sale price $1,774,500 $342 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $11,988/month

66 Days on Market

Highlights

  • Gated Community
  • City Lights View
  • Property is near public transit
  • Phoenix Coding Academy Rated A
  • Two Primary Bathrooms
  • 5-minute walk to Walton Park

About This Home

As of November 2022

Public Remarks: Introducing The Arris, incredible brownstone residences in the heart of Phoenix. This private residence offers large and open, modern living and entertaining spaces, gracious private suites, impeccable finishes and 10-12 foot ceilings. With a private entry courtyard, large rooftop terrace and a covered balcony off of the living room, and ample outdoor living spaces. This property features two incredible master suites with either one additional en-suite bedroom. The private elevator conveniently connects all the levels of this professionally designed home. Luxury living is delivered with the ease of a true lock and leave lifestyle. Located on light rail, across the street from the Phoenix Art Museum and the Heard Museum.

Last Agent to Sell the Property

Chad Christian Jr

Russ Lyon Sotheby's International Realty License #SA536279000 Listed on: 08/19/2022

Russ Lyon Sotheby's International Realty

Co-Listed By

Joe Bushong

Russ Lyon Sotheby's International Realty License #SA558366000

Last Buyer's Agent

Brooke Sheldon

eXp Realty License #SA692941000

eXp Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $12,001

Year Built

  • Built in 2008

Lot Details

  • 2,404 Sq Ft Lot
  • Two or More Common Walls
  • Private Streets
  • Wrought Iron Fence
  • Front Yard Sprinklers
  • Private Yard

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage ceiling height seven feet or more
  • Garage Door Opener

Property Views

  • City Lights
  • Mountain

Home Design

  • Brick Exterior Construction
  • Concrete Roof

Interior Spaces

  • 5,192 Sq Ft Home
  • 4-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Ceiling height of 9 feet or more
  • Gas Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Intercom
  • Finished Basement

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 5.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Fire Pit
  • Built-In Barbecue

Location

  • Property is near public transit

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 118-51-131

Community Details

Overview

  • Association fees include ground maintenance, street maintenance, front yard maint, maintenance exterior
  • City Property Mgmt Association, Phone Number (602) 437-4777
  • Built by A Finer Touch Construction
  • Chateau On Central Subdivision

Security

  • Gated Community
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$12,001

Year Built

Built in 2008

Lot Details

0

HOA Fees

$500 per month

Parking

2

Listing Details

  • Cross Street: Central Ave and Palm Ln
  • 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: 500.0
  • Basement: Y
  • Energy Green Feature H E R S Rating: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2008
  • Tax Year: 2021
  • Directions: From Central Ave and Palm Lane, head West to 38 West Palm Lane on the right.
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.06
  • Co List Office Mls Id: lyon19
  • Co List Office Phone: 480-287-5200
  • Subdivision Name: Chateau on Central
  • Architectural Style: Other (See Remarks)
  • Efficiency: Multi-Zones
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 500.0
  • Construction Brick: Yes
  • Special Features: None

Interior Features

  • Basement: Finished
  • Flooring: Stone, Wood
  • Basement YN: Yes
  • Possible Use: Res/Business Use Ok
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Fire Pit, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Breakfast Bar, 9+ Flat Ceilings, Central Vacuum, Elevator, Fire Sprinklers, Intercom, Wet Bar, Kitchen Island, 2 Master Baths, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet
  • Living Area: 5192.0
  • Stories: 4
  • Window Features: Double Pane Windows
  • Kitchen Features:RangeOven Gas: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Fireplace:Firepit: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Other Rooms:Arizona RoomLanai: Yes
  • Other Rooms:Media Room: Yes
  • Community Features:Near Light Rail Stop: Yes
  • Basement Description:Finished2: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Balcony, Covered Patio(s), Private Street(s), Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Front
  • Pool Features: None
  • Pool Private: No
  • View: City Lights, Mountain(s)
  • Disclosures: Agency Discl Req
  • Common Walls: Two Common Walls
  • Construction Type: Brick Veneer, Brick
  • Roof: Concrete
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener, Extnded Lngth Garage, Over Height Garage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Extnded Lngth Garage: Yes
  • Parking Features:Over Height Garage: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Near Light Rail Stop
  • Amenities: Management
  • Association Fee: 500.0
  • Association Fee Frequency: Monthly
  • Association Name: Chateau on Central
  • Phone: 602-437-4777
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Chateau on Central
  • Association Fees:HOA Telephone4: 602-437-4777
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 0.25
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fees:Disclosure Fees HOA: 200.0
  • Association Fees:Other Fees HOA: 500.0
  • Association Fees:Other Fees Description: 200/mo elevator maintenance plan
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: City Property Mgmt
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint, Front Yard Maint, Maintenance Exterior

Schools

  • Elementary School: Kenilworth 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: 2404.0
  • Parcel #: 118-51-131
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: A Finer Touch Construction

Tax Info

  • Tax Annual Amount: 12001.0
  • Tax Book Number: 118.00
  • Tax Lot: 12
  • Tax Map Number: 51.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2022
Closed on
Nov 30, 2022
Sold by
Brandon Kent Bunger Trust
Bought by
Full House Family Trust
Seller's Agent
Chad Christian Jr
Russ Lyon Sotheby's International Realty
Buyer's Agent
Brooke Sheldon
eXp Realty
List Price
$2,100,000
Sold Price
$1,774,500
Premium/Discount to List
-$325,500
-15.5%
Views
9
Current Estimated Value
$1,978,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,112
Avg. Annual Appreciation
4.34%
Original Mortgage
$1,419,600
Outstanding Balance
$1,381,218
Interest Rate
6.95%
Mortgage Type
Credit Line Revolving
Estimated Equity
$597,394

Purchase Details

Closed on
Nov 29, 2021
Sold by
Bunger Brandon Kent
Bought by
Brandon Kent Bunger Trust and Bunger

Purchase Details

Closed on
Apr 19, 2021
Sold by
Brandon Kent Bunger Trust and Bunger Brandon Kent
Bought by
Bunger Brandon Kent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,010,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2019
Sold by
Bunger Brandon K
Bought by
The Brandon Kent Bunger Trust

Purchase Details

Listed on
Feb 20, 2018
Closed on
Dec 26, 2018
Sold by
Msi West Investments Llc
Bought by
Bunger Brandon K
Seller's Agent
Grant Almquist
Russ Lyon Sotheby's International Realty
Buyer's Agent
Lara Sperber
The Brokery
List Price
$1,325,000
Sold Price
$1,260,000
Premium/Discount to List
-$65,000
-4.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.22%
Original Mortgage
$1,071,000
Interest Rate
6.99%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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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
Full House Family Trust $1,774,500 Arizona Premier Title
Brandon Kent Bunger Trust -- None Listed On Document
Bunger Brandon Kent -- New Title Company Name
The Brandon Kent Bunger Trust -- None Available
Bunger Brandon K $1,260,000 Landmark Title Assurance Age
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Full House Family Trust $1,419,600
Previous Owner Brandon Kent Bunger Trust $1,605,000
Previous Owner Bunger Brandon Kent $1,010,000
Previous Owner Bunger Brandon Kent $1,020,000
Previous Owner Bunger Brandon K $1,071,000
Previous Owner Central Phx Partners Llc $28,500,000
Previous Owner Central Phx Partners Llc $18,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2022 11/30/22 Sold $1,774,500 -9.0% $342 / Sq Ft
09/10/2022 09/10/22 Price Changed $1,950,000 -7.1% $376 / Sq Ft
08/17/2022 08/17/22 For Sale $2,100,000 +66.7% $404 / Sq Ft
12/31/2018 12/31/18 Sold $1,260,000 -4.9% $243 / Sq Ft
02/19/2018 02/19/18 For Sale $1,325,000 -- $255 / 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 $11,849 $93,085 -- --
2024 $11,727 $88,652 -- --
2023 $11,727 $92,110 $18,420 $73,690
2022 $11,289 $80,410 $16,080 $64,330
2021 $12,001 $81,780 $16,350 $65,430
2020 $13,594 $86,730 $17,340 $69,390
2019 $17,370 $142,450 $28,490 $113,960
2018 $18,161 $127,600 $25,520 $102,080
2017 $17,738 $115,560 $23,110 $92,450
2016 $17,230 $114,460 $22,890 $91,570
2015 $15,943 $107,480 $21,490 $85,990
Source: Public Records

Agents Affiliated with this Home

  • Chad Christian Jr

    Seller's Agent in 2022

    Chad Christian Jr

    Russ Lyon Sotheby's International Realty

    (480) 287-5200

    9 in this area

    77 Total Sales

    Chad Christian Jr
    Section Image
  • Joe Bushong

    Seller Co-Listing Agent in 2022

    Joe Bushong

    Russ Lyon Sotheby's International Realty

    (480) 287-5200

    10 in this area

    220 Total Sales

    Joe Bushong
    Section Image

  • B

    Buyer's Agent in 2022

    Brooke Sheldon

    eXp Realty

    (480) 759-4300

    3 in this area

    4 Total Sales

    Brooke Sheldon
    Section Image
  • Grant Almquist

    Seller's Agent in 2018

    Grant Almquist

    Russ Lyon Sotheby's International Realty

    (602) 615-2799

    4 in this area

    108 Total Sales

    Grant Almquist
    Section Image
  • Lara Sperber

    Buyer's Agent in 2018

    Lara Sperber

    The Brokery

    (623) 910-5627

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6451937

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-51-131

Arizona Maricopa County Phoenix 85003 Willo

38 W Palm Ln, Phoenix, AZ

This home is located at 38 W Palm Ln, Phoenix, AZ 85003 since 19 August 2022 and is currently estimated at $1,978,612, approximately $381 per square foot. This property was built in 2008. 38 W Palm Ln is a home located in Maricopa County with nearby schools including Kenilworth Elementary School, Phoenix Coding Academy, and Central High School.

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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