501 W Palm Ln Phoenix, AZ 85003
Willo NeighborhoodEstimated Value: $721,000 - $1,097,000
3
Beds
3
Baths
2,029
Sq Ft
$470/Sq Ft
Est. Value
Highlights
- Guest House
- The property is located in a historic district
- Wood Flooring
- Phoenix Coding Academy Rated A
- Property is near public transit
- 3-minute walk to Walton Park
About This Home
As of July 2022WELCOME TO WILLO! Amazing location within walking distance to everything in Midtown! Classic curb appeal with lush landscaping , mature greenery and amazing courtyard spaces greets you upon arrival. Inside you'll find a great floor plan with period style archways, classic characteristics, and designer details throughout. The kitchen features tile countertops, excellent storage and a charming breakfast nook. The primary suite offers a HUGE space and stunning bathroom with great soaking tub. Outside you'll find a fantastic courtyard destinations perfect for outdoor living, rare two car garage with full studio guest house above that could become an ideal Airbnb. Enjoy city views in a neighborhood that feels like a small town in the city! WELCOME HOME!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,368
Year Built
- Built in 1930
Lot Details
- 7,139 Sq Ft Lot
- Wrought Iron Fence
- Block Wall Fence
- Grass Covered Lot
Parking
- 2 Car Garage
Home Design
- Spanish Architecture
- Brick Exterior Construction
- Wood Frame Construction
- Tile Roof
- Foam Roof
- Stucco
Interior Spaces
- 2,029 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- 1 Fireplace
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
Additional Homes
- Guest House
Location
- Property is near public transit
- The property is located in a historic district
Schools
- Kenilworth Elementary School
- Phoenix Prep Academy Middle School
- Central High School
Utilities
- Refrigerated Cooling System
- Heating System Uses Natural Gas
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 1 / 2
- Assessor Parcel Number 118-57-019
Community Details
Overview
- No Home Owners Association
- Association fees include no fees
- North Kenilworth Subdivision
Recreation
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 11, 2022
Closed on
Jul 15, 2022
Sold by
James Mckeon Daniel
Bought by
Mckeon Family Trust
Seller's Agent
James Judge
HomeSmart
Buyer's Agent
Don Mertes
HomeSmart
List Price
$925,000
Sold Price
$925,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,655
Avg. Annual Appreciation
1.01%
Original Mortgage
$500,000
Outstanding Balance
$457,455
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$495,200
Purchase Details
Closed on
Jul 29, 2011
Sold by
Fatica Kimberly A
Bought by
Fatica Kimberly A and Humes Theodore L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
4.46%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 26, 2011
Sold by
Varner Shawn M
Bought by
Fatica Kimberly A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
4.46%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 28, 2008
Sold by
Varner Jeffrey A
Bought by
Varner Shawn M
Purchase Details
Closed on
May 17, 2006
Sold by
Varner Shawn Marie
Bought by
Varner Jeffrey A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Nov 13, 2003
Sold by
Varner Jeffrey A
Bought by
Varner Shawn Marie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,900
Interest Rate
6.04%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Dec 8, 1999
Sold by
Sayre Scott E
Bought by
Sayre Scott E and Lewis Linda K
Purchase Details
Closed on
May 19, 1996
Sold by
Fournier Donald F and Fournier Kristen D
Bought by
Sayre Scott E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
7.97%
Mortgage Type
New Conventional
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mckeon Family Trust | -- | -- | |
| Mckeon Daniel James | $925,000 | Driggs Title Agency | |
| Fatica Kimberly A | -- | None Available | |
| Fatica Kimberly A | $360,000 | Old Republic Title Agency | |
| Varner Shawn M | -- | None Available | |
| Varner Jeffrey A | -- | Chicago Title Insurance Co | |
| Varner Shawn Marie | -- | Old Republic Title Agency | |
| Varner Shawn Marie | $339,000 | Old Republic Title Agency | |
| Sayre Scott E | -- | Chicago Title Insurance Co | |
| Sayre Scott E | $180,000 | Old Republic Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mckeon Daniel James | $500,000 | |
| Previous Owner | Humes Theodore L | $235,500 | |
| Previous Owner | Fatica Kimberly A | $288,000 | |
| Previous Owner | Varner Jeff A | $525,000 | |
| Previous Owner | Varner Shawn Marie | $33,900 | |
| Previous Owner | Varner Shawn Marie | $271,200 | |
| Previous Owner | Sayre Scott E | $171,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/20/2022 07/20/22 | Sold | $925,000 | 0.0% | $456 / Sq Ft |
| 07/12/2022 07/12/22 | Pending | -- | -- | -- |
| 07/11/2022 07/11/22 | For Sale | $925,000 | -- | $456 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $3,553 | $26,570 | -- | -- |
| 2024 | $3,519 | $25,305 | -- | -- |
| 2023 | $3,519 | $33,110 | $6,620 | $26,490 |
| 2022 | $3,394 | $27,165 | $5,430 | $21,735 |
| 2021 | $3,368 | $25,865 | $5,170 | $20,695 |
| 2020 | $3,407 | $24,900 | $4,980 | $19,920 |
| 2019 | $3,401 | $22,290 | $4,455 | $17,835 |
| 2018 | $3,343 | $22,055 | $4,410 | $17,645 |
| 2017 | $3,266 | $21,935 | $4,385 | $17,550 |
| 2016 | $3,172 | $21,650 | $4,330 | $17,320 |
| 2015 | $2,935 | $21,235 | $4,245 | $16,990 |
Source: Public Records
Agents Affiliated with this Home
-
James Judge
Seller's Agent in 2022
James Judge
HomeSmart
(602) 761-4600
73 in this area
178 Total Sales
-
Ernesto Cazarez Soto
E
Seller Co-Listing Agent in 2022
Ernesto Cazarez Soto
HomeSmart
(602) 761-4600
34 in this area
85 Total Sales
-
Don Mertes
Buyer's Agent in 2022
Don Mertes
HomeSmart
(602) 919-8471
3 in this area
31 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6432395
APN: 118-57-019
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
- 521 W Granada Rd
- 1820 N 7th Ave
- 538 W Holly St
- 530 W Almeria Rd
- 514 W Monte Vista Rd
- 2214 N 7th Ave
- 144 W Palm Ln
- 2233 N 9th Ave
- 1614 Palmcroft Dr SW
- 541 W Vernon Ave
- 1625 N 11th Ave
- 2001 N 1st Ave
- 2017 N 1st Ave
- 717 W Lynwood St
- 1015 W Encanto Blvd
- 530 W Willetta St
- 925 W Mcdowell Rd Unit 102
- 712 W Vernon Ave
- 30 W Palm Ln
- 46 W Palm Ln