NOT LISTED FOR SALE

Estimated Value: $206,000 - $407,000

2 Beds
2 Baths
1,036 Sq Ft
$325/mo HOA Fee

Last Sold December 11, 2020

Last sale price $157,000 $152 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,749/month

33 Days on Market

Highlights

  • Gated Community
  • Property is near public transit and bus stop
  • Eat-In Kitchen
  • Phoenix Coding Academy Rated A
  • Heated Community Pool
  • No Interior Steps

About This Home

As of December 2020

Can't beat this price!! New carpet and paint so this condo is all ready for you to move in. 2BR/2BA ground floor unit, with stacked washer/dryer. New A/C in 2019. Grassy common areas with nice shade trees and community pool. Complex exterior will look brand new soon, to be painted by end of year. HOA includes water, sewer & trash; gated complex. So close to everything, only 5-minute walk to light rail, downtown is 5-minute ride away. Located right in the heart of Phoenix, close to the 51, I-10, I-17 and airport. Can't beat this location! Schedule your showing today!

Last Agent to Sell the Property

Pamela Hammond

HomeSmart License #SA547081000 Listed on: 10/10/2020

Last Buyer's Agent

James Champlin

HomeSmart License #SA682481000

HomeSmart

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $429

Year Built

  • Built in 1964

Lot Details

  • Wrought Iron Fence
  • Wood Fence
  • Grass Covered Lot

HOA Fees

  • $325 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,036 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 1 Carport Space
  • Assigned Parking
  • Community Parking Structure

Schools

  • Longview Elementary School
  • Osborn Middle School
  • North High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet

Additional Features

  • No Interior Steps
  • Property is near public transit and bus stop

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 118-45-328-A

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, ground maintenance, trash, water, roof replacement, maintenance exterior
  • Amcor Prop Prof Association, Phone Number (480) 948-5860
  • Palm Terrace Condominium Subdivision

Recreation

  • Heated Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$429

Year Built

Built in 1964

Lot Details

0 Sq Ft Lot

HOA Fees

$325 per month

Listing Details

  • Cross Street: 7th Street & Thomas Road
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 324.5
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2020
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2019
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1964
  • Tax Year: 2020
  • Property Sub Type: Apartment
  • Horses: No
  • Subdivision Name: PALM TERRACE CONDOMINIUM
  • Property Attached Yn: Yes
  • Tax Parcel Letter: A
  • General Property Description:PriceSqFt: 151.54
  • Association Fees:HOA Fee2: 324.5
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, No Interior Steps, 3/4 Bath Master Bdrm
  • Living Area: 1036.0
  • Stories: 2
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: Wrought Iron, Wood
  • Lot Features: Grass Front
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame, Painted, Block, Slump Block
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Construction:Slump Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Assigned, Community Structure
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Community Structure: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated, Community Pool Htd, Community Pool, Near Light Rail Stop, Near Bus Stop
  • Association Fee: 324.5
  • Association Fee Frequency: Monthly
  • Association Name: Palm Terrace Condos
  • Phone: 480-948-5860
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 187.5
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Palm Terrace Condos
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Amcor Prop Prof
  • Association Fees:HOA Management Phone: 480-948-5860
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Maintenance Grounds, Trash, Water, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Longview Elementary School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Osborn Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 105.0
  • Parcel #: 118-45-328-A

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 429.0
  • Tax Book Number: 118.00
  • Tax Lot: 7
  • Tax Map Number: 45.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2020
Closed on
Dec 7, 2020
Sold by
Arreortua Marco A
Bought by
Champlin James and Perez Jorge
Seller's Agent
Pamela Hammond
HomeSmart
Buyer's Agent
James Champlin
HomeSmart
List Price
$165,000
Sold Price
$157,000
Premium/Discount to List
-$8,000
-4.85%
Current Estimated Value
$269,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,823
Avg. Annual Appreciation
11.02%
Original Mortgage
$149,150
Outstanding Balance
$131,811
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$138,012

Purchase Details

Listed on
Oct 10, 2020
Closed on
Dec 2, 2020
Sold by
Arreortua Marco A
Bought by
Champlin James and Perez Jorge
Seller's Agent
Pamela Hammond
HomeSmart
Buyer's Agent
James Champlin
HomeSmart
List Price
$165,000
Sold Price
$157,000
Premium/Discount to List
-$8,000
-4.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,150
Outstanding Balance
$131,811
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$138,012

Purchase Details

Closed on
Aug 26, 2005
Sold by
Zeller Earl A
Bought by
Arreortua Marco A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
5.61%
Mortgage Type
New Conventional
Source: Public Records
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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
Champlin James $157,000 Greystone Title Agency Llc
Champlin James $157,000 Greystone Title
Arreortua Marco A $118,000 Title Security Agency Of Az
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Champlin James $149,150
Closed Champlin James $149,150
Previous Owner Arreortua Marco A $118,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2020 12/11/20 Sold $157,000 0.0% $152 / Sq Ft
11/12/2020 11/12/20 Pending -- -- --
10/23/2020 10/23/20 Price Changed $157,000 -4.8% $152 / Sq Ft
10/10/2020 10/10/20 For Sale $165,000 -- $159 / 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
2025 $410 $3,592 -- --
2024 $382 $3,421 -- --
2023 $382 $14,380 $2,870 $11,510
2022 $380 $11,560 $2,310 $9,250
2021 $391 $10,750 $2,150 $8,600
2020 $429 $9,650 $1,930 $7,720
2019 $411 $8,320 $1,660 $6,660
2018 $397 $6,230 $1,240 $4,990
2017 $364 $5,360 $1,070 $4,290
2016 $352 $4,110 $820 $3,290
2015 $327 $3,160 $630 $2,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6145086

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-45-328A

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