NOT LISTED FOR SALE

4027 E Palm Ln Phoenix, AZ 85008

Camelback East Village Neighborhood

Estimated Value: $465,000 - $910,000

6 Beds
3 Baths
-- Sq Ft
0.36 Acres

Last Sold October 22, 2013

Last sale price $100,000

Est. 539% increase in value since last sale

Current estimated payment $3,607/month

32 Days on Market

Highlights

  • Evaporated cooling system
  • Phoenix Coding Academy Rated A
  • Heating System Uses Natural Gas

About This Home

As of October 2013

Three homes on one lot! The 3/1 home rents for 900 per month, the 1/1 rents for 300 and the 2/1 is currently vacant - needs some TLC. And here's the best part: SELLER MAY CARRY!!! Buyer to verify all items prior to close of escrow.

Last Agent to Sell the Property

Lloyd Kaipainen

Better Homes & Gardens Real Estate SJ Fowler License #BR517153000 Listed on: 08/23/2013

Co-Listed By

Lois Kaipainen

Income Property Shop License #SA567276000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $604

Year Built

  • Built in 1935

Lot Details

  • 0.36

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Built-Up Roof
  • Block Exterior

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Evaporated cooling system
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Individual Controls for Heating

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Assessor Parcel Number 126-06-048

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • Building Dimensions are irr

Building Details

  • Gross Income $18,900
  • Net Operating Income $11,516

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$604

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Cross Street: 40th Street/McDowell
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 3
  • Year Built: 1935
  • Tax Year: 2013
  • Directions: North to Palm Lane, East to property on South Side of street
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: sjfl03
  • Co List Office Phone: 602-264-8400
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block, Frame - Wood
  • Roof: Composition, Built-Up
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS, SRP
  • Cooling: Individual, Electric, Evaporative Cooling, Wall/Window Unit(s)
  • Heating: Individual, Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 2160.0

Lot Info

  • Lot Size: irr
  • Additional Parcels: No
  • Parcel #: 126-06-048

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 3
  • Annual Gross Income: 18900.0
  • Insurance Expense: 1000.0
  • Maintenance Expense: 1500.0
  • Property Net Operating Income: 11516.0
  • Vacancy Allowance Rate: 0.1

Tax Info

  • Tax Annual Amount: 604.0
  • Tax Book Number: 126.00
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2013
Closed on
Sep 25, 2013
Sold by
Cisneros Frank
Bought by
Fifi Llc
Seller's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$149,000
Sold Price
$100,000
Premium/Discount to List
-$49,000
-32.89%
Current Estimated Value
$639,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$539,385
Avg. Annual Appreciation
17.14%

Purchase Details

Closed on
Jun 20, 2005
Sold by
Tobey Properties Llc
Bought by
Cisneros Frank

Purchase Details

Closed on
May 10, 2005
Sold by
Cisneros Cynthia A
Bought by
Cisneros Frank

Purchase Details

Closed on
Apr 25, 2003
Sold by
Tobey Raymond L and Tobey Leisa K
Bought by
Tobey Properties Llc

Purchase Details

Closed on
Apr 23, 1996
Sold by
Transamerica Financial Services Inc
Bought by
Tobey Raymond and Tobey Leisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,860
Interest Rate
7.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 1995
Sold by
Varker Bruce Clifton
Bought by
Transamerica Financial Services Inc

Purchase Details

Closed on
Apr 18, 1994
Sold by
Varker Bruce Clifton
Bought by
Beuabien Warren Albert and Beaubien Kevin Michael
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Fifi Llc $100,000 Chicago Title Agency Inc
Cisneros Frank $195,000 Capital Title Agency Inc
Cisneros Frank -- Capital Title Agency Inc
Tobey Properties Llc -- Grand Canyon Title Agency In
Tobey Raymond $51,000 Fiesta Title & Escrow Agency
Transamerica Financial Services Inc -- Fiesta Title & Escrow Agency
Beuabien Warren Albert $69,725 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fifi Llc $50,000
Previous Owner Tobey Raymond $133,000
Previous Owner Tobey Raymond $49,860
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2013 10/22/13 Sold $100,000 -32.9% --
09/24/2013 09/24/13 Pending -- -- --
08/23/2013 08/23/13 For Sale $149,000 -- --
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 $906 $7,545 -- --
2024 $897 $7,185 -- --
2023 $897 $56,150 $11,230 $44,920
2022 $865 $42,060 $8,410 $33,650
2021 $880 $37,950 $7,590 $30,360
2020 $863 $35,100 $7,020 $28,080
2019 $860 $33,710 $6,740 $26,970
2018 $810 $27,400 $5,480 $21,920
2017 $776 $26,170 $5,230 $20,940
2016 $759 $26,560 $5,310 $21,250
2015 $713 $6,980 $1,390 $5,590
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2013

    Lloyd Kaipainen

    Better Homes & Gardens Real Estate SJ Fowler

    Section Image

  • L

    Seller Co-Listing Agent in 2013

    Lois Kaipainen

    Income Property Shop

    Section Image

  • N

    Buyer's Agent in 2013

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4988081

Arizona Regional Multiple Listing Service (ARMLS)

APN: 126-06-048

Arizona Maricopa County Phoenix 85008 Camelback East Village

4027 E Palm Ln, Phoenix, AZ

This home is located at 4027 E Palm Ln, Phoenix, AZ 85008 since 23 August 2013 and is currently estimated at $639,385. This property was built in 1935. 4027 E Palm Ln is a home located in Maricopa County with nearby schools including Griffith Elementary School, Camelback High School, and Phoenix Coding Academy.

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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