507 S Palo Verde Way Mesa, AZ 85208
Fountain of the Sun NeighborhoodEstimated Value: $244,366 - $285,000
2
Beds
2
Baths
1,032
Sq Ft
$264/Sq Ft
Est. Value
About This Home
This home is located at 507 S Palo Verde Way, Mesa, AZ 85208 and is currently estimated at $272,842, approximately $264 per square foot. 507 S Palo Verde Way is a home located in Maricopa County with nearby schools including Jefferson Elementary School, Franklin at Brimhall Elementary School, and Franklin West Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 31, 2022
Sold by
Jeffrey Maes
Bought by
Lawrence Ronald
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Outstanding Balance
$241,502
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$31,340
Purchase Details
Closed on
Mar 17, 2022
Sold by
Humberson Barbara J
Bought by
Humberson Barbara J and Maes Jeffrey
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Outstanding Balance
$241,502
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$31,340
Purchase Details
Closed on
Jun 8, 2006
Sold by
Capwell Carole A
Bought by
Humberson Donald G and Humberson Barbara J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.55%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 26, 2004
Sold by
Capwell Carole A
Bought by
Capwell Carole A and The Capwell Family Trust
Purchase Details
Closed on
Nov 12, 2003
Sold by
Sobala Daniel and Sobala Doris J
Bought by
Capwell Carole A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,200
Interest Rate
5.89%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 6, 2000
Sold by
Johnson David A
Bought by
Sobala Daniel and Sobala Doris J
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 |
|---|---|---|---|
| Lawrence Ronald | $271,000 | Magnus Title | |
| Humberson Barbara J | -- | None Listed On Document | |
| Humberson Donald G | $138,900 | Security Title Agency Inc | |
| Capwell Carole A | -- | -- | |
| Capwell Carole A | $76,500 | Capital Title Agency Inc | |
| Sobala Daniel | $69,000 | Capital Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lawrence Ronald | $256,000 | |
| Previous Owner | Humberson Donald G | $108,000 | |
| Previous Owner | Capwell Carole A | $61,200 |
Source: Public Records
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 | $1,201 | $12,160 | -- | -- |
| 2024 | $1,022 | $11,581 | -- | -- |
| 2023 | $1,022 | $17,560 | $3,510 | $14,050 |
| 2022 | $999 | $14,220 | $2,840 | $11,380 |
| 2021 | $1,027 | $12,520 | $2,500 | $10,020 |
| 2020 | $1,013 | $11,570 | $2,310 | $9,260 |
| 2019 | $939 | $10,070 | $2,010 | $8,060 |
| 2018 | $897 | $9,210 | $1,840 | $7,370 |
| 2017 | $869 | $8,500 | $1,700 | $6,800 |
| 2016 | $849 | $7,870 | $1,570 | $6,300 |
| 2015 | $805 | $7,730 | $1,540 | $6,190 |
Source: Public Records
Map
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