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 sale price $325,000 $229 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,061/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 Listed By

Sindy Ready

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

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
Built-In Microwave
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

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
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

Nov 2016 - Present Lungo John A and Lungo Maria De Jesus 8 Years and 6 Months

Private Individual

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%

Total Days on Market

188

Current Estimated Value

$464,000

Estimated Appreciation

$139,000

Original Mortgage

$308,750

Interest Rate

3.52%

Mortgage Type

New Conventional

Sep 2009 - Nov 2016 Tovar Jaime and Tovar Rose 7 Years and 2 Months

Private Individual

Purchase Details

Closed on

Sep 18, 2009

Sold by

Heatherly John H and Heatherly Judy A

Bought by

Tovar Jaime and Tovar Rose

Average Value

Not Available

List Price

Sold Price

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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

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

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

Seller's Agent in 2016

Sindy Ready

RE/MAX

(602) 478-4017

2 in this area

109 Total Sales

Sindy Ready
Seller Co-Listing Agent in 2016

Lisa Ramos

Real Broker

(480) 329-1890

2 in this area

46 Total Sales

Lisa Ramos
Buyer's Agent in 2016

Mark Sumstine

Realty One Group

(602) 828-0684

1 in this area

41 Total Sales

Mark Sumstine

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5417633

APN: 126-05-051

Arizona Maricopa County Phoenix 85008 Camelback East Village

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.

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

Nearby Homes

4038 E Palm Ln Phoenix, AZ 85008

Last Sold December 01, 2016

Highlights

About This Home

Home Details

Home Details

Ownership History

Purchase Details

Home Financials for this Owner

Purchase Details

Similar Homes in Phoenix, AZ

Home Values in the Area

Average Home Value in this Area

Purchase History

Mortgage History

Property History

Tax History Compared to Growth

Tax History

Agents Affiliated with this Home

Map