NOT LISTED FOR SALE

4038 E Palm Ln Phoenix, AZ 85008

Camelback East Village Neighborhood

Estimated Value: $464,000

3 Beds
2 Baths
1,422 Sq Ft
$326/Sq Ft Est. Value

Last Sold December 01, 2016

Last sale price $325,000 $229 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,026/month

188 Days on Market

Highlights

  • Equestrian Center
  • Gated Parking
  • Private Yard
  • Phoenix Coding Academy Rated A
  • 0.65 Acre Lot
  • No HOA

About This Home

As of December 2016

A very rare find in Central Phoenix! Live in the city but feel like you are in the country on this amazing lot! The property sits on over a half acre! and offers all the space you would ever need in the front and back yards. Irrigated lot with room for horses. Has 3 horse stalls!The home has privacy being situated back from the street and with thick beautiful landscaping. This charming home offers a split floor plan with 3 bedrooms, 2 baths, a very spacious great room! Home has been completely redone with permits pulled for every step. Recently painted inside and out. Only minutes away from the freeway, airport, downtown Scottsdale and Phoenix. Includes parcels: 126-05-051 and 126-05-052A for a total of 28,317 SF!

Last Agent to Sell the Property

Sindy Ready

RE/MAX Excalibur License #BR027956000 Listed on: 03/24/2016

RE/MAX Excalibur

Co-Listed By

Lisa Ramos

Real Broker License #BR567155000

Last Buyer's Agent

Mark Sumstine

Realty ONE Group License #SA632021000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,549

Year Built

  • Built in 1953

Lot Details

  • 0.65 Acre Lot
  • Chain Link Fence
  • Front and Back Yard Sprinklers
  • Private Yard
  • Grass Covered Lot

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,422 Sq Ft Home
  • 1-Story Property
  • Concrete Flooring
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • <<builtInMicrowave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Bathrooms

Parking

  • 12 Open Parking Spaces
  • Gated Parking

Schools

  • Griffith Elementary School
  • Camelback High School

Horse Facilities and Amenities

  • Equestrian Center
  • Horse Stalls

Utilities

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

Additional Features

  • No Interior Steps
  • Covered patio or porch

Community Details

  • No Home Owners Association
  • Ventura Manor Subdivision

Listing and Financial Details

  • Tax Lot 45
  • Assessor Parcel Number 126-05-051

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,549

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Cross Street: 40th St & McDowell
  • Legal Info Range: 4E
  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Bathrooms Year Updated: 2009
  • Items Updated Ht Cool Yr Updated: 2011
  • Items Updated Kitchen Yr Updated: 2009
  • Items Updated Plmbg Yr Updated: 2009
  • Items Updated Wiring Yr Updated: 2009
  • Parking Spaces Slab Parking Spaces: 12.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1953
  • Tax Year: 2015
  • Directions: North on 40th Street. East on Palm Lane. Home will be just down on your left.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.65
  • Co List Office Mls Id: reex04
  • Co List Office Phone: 480-850-5000
  • Subdivision Name: VENTURA MANOR
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Concrete
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Walk-In Closet(s), Eat-in Kitchen, No Interior Steps, Pantry, 3/4 Bath Master Bdrm, High Speed Internet
  • Living Area: 1422.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Community Features:Horse Facility: Yes

Exterior Features

  • Fencing: Chain Link
  • Exterior Features: Covered Patio(s), Patio, Private Yard
  • Lot Features: Grass Front, Grass Back, Irrigation Front, Irrigation Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Parking Features: RV Access/Parking, Gated
  • Attached Garage: No
  • Open Parking Spaces: 12.0
  • Parking Features:RV Parking: Yes
  • Parking Features:Gated Parking: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Horse Facility
  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Schools

  • Elementary School: Griffith Elementary School
  • High School: Camelback High School
  • Middle Or Junior School: Griffith Elementary School

Lot Info

  • Horse Amenities: Stall
  • Land Lease: No
  • Lot Size Sq Ft: 28317.0
  • Parcel #: 126-05-051
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: unkown

Tax Info

  • Tax Annual Amount: 1549.0
  • Tax Book Number: 126.00
  • Tax Lot: 45
  • Tax Map Number: 5.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2016
Closed on
Nov 22, 2016
Sold by
Tovar Jaime and Tovar Rose L
Bought by
Lungo John A and Lungo Maria De Jesus
Seller's Agent
Sindy Ready
RE/MAX Excalibur
Buyer's Agent
Mark Sumstine
Realty ONE Group
List Price
$339,900
Sold Price
$325,000
Premium/Discount to List
-$14,900
-4.38%
Current Estimated Value
$464,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,000
Original Mortgage
$308,750
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2009
Sold by
Heatherly John H and Heatherly Judy A
Bought by
Tovar Jaime and Tovar Rose
Source: Public Records

Range of Values:

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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
Lungo John A $325,000 Fidelity Natl Title Agency I
Tovar Jaime $85,500 Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lungo John A $294,000
Closed Lungo John A $308,750
Previous Owner Heatherly John H $205,000
Previous Owner Heatherly John H $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2016 12/01/16 Sold $325,000 -1.5% $229 / Sq Ft
09/19/2016 09/19/16 Pending -- -- --
09/11/2016 09/11/16 Price Changed $329,900 -0.6% $232 / Sq Ft
05/16/2016 05/16/16 Price Changed $331,900 -2.4% $233 / Sq Ft
03/15/2016 03/15/16 For Sale $339,900 -- $239 / 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
2021 $1,929 $29,280 $3,890 $25,390
2020 -- $27,560 $3,660 $23,900
2019 -- $26,270 $3,490 $22,780
2018 -- $21,200 $2,810 $18,390
2017 -- $18,760 $2,490 $16,270
2016 -- $19,940 $2,650 $17,290
2015 -- $17,260 $2,290 $14,970
Source: Public Records

Agents Affiliated with this Home

  • Sindy Ready

    Seller's Agent in 2016

    Sindy Ready

    RE/MAX

    (602) 478-4017

    2 in this area

    107 Total Sales

    Sindy Ready
    Section Image
  • Lisa Ramos

    Seller Co-Listing Agent in 2016

    Lisa Ramos

    Real Broker

    (480) 329-1890

    2 in this area

    42 Total Sales

    Lisa Ramos
    Section Image
  • Mark Sumstine

    Buyer's Agent in 2016

    Mark Sumstine

    Realty One Group

    (602) 828-0684

    1 in this area

    40 Total Sales

    Mark Sumstine
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5417633

Arizona Regional Multiple Listing Service (ARMLS)

APN: 126-05-051

Arizona Maricopa County Phoenix 85008 Camelback East Village

4038 E Palm Ln, Phoenix, AZ

This home is located at 4038 E Palm Ln, Phoenix, AZ 85008 since 24 March 2016 and is currently priced at $464,000, approximately $326 per square foot. This property was built in 1953. 4038 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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