NOT LISTED FOR SALE

Estimated Value: $207,000 - $430,000

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. 71% increase in value since last sale

Current estimated payment $1,768/month

33 Days on Market

Highlights

  • Gated Community
  • Property is near public transit
  • 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

Accessible Home Design

  • No Interior Steps

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

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

Utilities

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

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

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
$269,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,031
Avg. Annual Appreciation
11.40%
Original Mortgage
$149,150
Outstanding Balance
$133,025
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$136,006

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
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
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 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
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

  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6145086

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-45-328A