NOT LISTED FOR SALE

Estimated Value: $225,000 - $609,000

2 Beds
2 Baths
1,064 Sq Ft
$325/mo HOA Fee

Last Sold April 10, 2019

Last sale price $105,000 $99 Per Sq Ft

Est. 226% increase in value since last sale

Current estimated payment $2,154/month

18 Days on Market

Highlights

  • Gated Community
  • Property is near public transit
  • Balcony
  • Phoenix Coding Academy Rated A
  • Community Pool
  • Eat-In Kitchen

About This Home

As of April 2019

Light fix-up. At this price, it has to be AS-IS. PERFECT LOCATIO FOR THE YOUNG PROFESSIONAL. A SAVY INVESTOR CAN EITHER FIX AND FLIP OUR RENT IT FOR AT LEAST $1200 PER MONTH. WAS RENTED FOR 10 YRS WITH NO VACANCIES. GREAT 2ND STORY CONDO, WITH HONEY OAK FLOORS IN LIVING ROOM AND 12' CERAMIC TILE IN KITCHEN AND BOTH BATHROOMS, 3 CEILING FANS AND VERTICAL BLINDS INCLUDED. BOTH BATHROOMS REMODELED REFRIGERATOR AND STACKED WASHER & DRYER INCLUDED - MOVE IN READY! CENTRAL LOCATION PROVIDES ACCESS TO ALL DOWNTOWN AMENTIES. WALK TO THE LIGHT RAIL.

Last Agent to Sell the Property

Michael Rizzo

HomeSmart License #SA539236000 Listed on: 02/07/2019

HomeSmart

Last Buyer's Agent

Brian Zemlicka

HomeSmart License #SA103301000

HomeSmart

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $406

Year Built

  • Built in 1964

Lot Details

  • Wrought Iron Fence
  • Front Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $325 Monthly HOA Fees

Home Design

  • Fixer Upper
  • Wood Frame Construction
  • Composition Roof
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,064 Sq Ft Home
  • 2-Story Property
  • Eat-In Kitchen

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 1 Carport Space
  • Assigned Parking

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Balcony
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 118-45-331-A

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, ground maintenance, trash, water, roof replacement, maintenance exterior
  • Choice Community Mgm Association, Phone Number (602) 843-1333
  • Palm Terrace Condominium Subdivision

Recreation

  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$406

Year Built

Built in 1964

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • Cross Street: Thomas and 7th St
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 324.5
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1964
  • Tax Year: 2018
  • Property Sub Type: Apartment
  • Horses: No
  • Subdivision Name: PALM TERRACE CONDOMINIUM
  • New Construction: No
  • Property Attached Yn: Yes
  • Tax Parcel Letter: A
  • General Property Description:PriceSqFt: 98.68
  • Association Fees:HOA Fee2: 324.5
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • 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: 1064.0
  • Stories: 2
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Balcony
  • Lot Features: Sprinklers In Front, Grass Front, Auto Timer H2O Front
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Property Condition: Fixer
  • Roof: Composition, Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • 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, Near Light Rail Stop
  • Association Fee: 324.5
  • Association Fee Frequency: Monthly
  • Association Name: Choice Community Mgm
  • Phone: 602-843-1333
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 184.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Choice Community Mgm
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • 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: 136.0
  • Parcel #: 118-45-331-A

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 406.0
  • Tax Book Number: 118.00
  • Tax Lot: 10
  • Tax Map Number: 45.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2021
Sold by
Owen Taylar B
Bought by
Finney Michael S
Current Estimated Value
$342,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,550
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 7, 2019
Closed on
Apr 8, 2019
Sold by
Sands Brian L and Lewsader Karen R
Bought by
Kirk Christopher R and Owen Taylar B
Seller's Agent
Michael Rizzo
HomeSmart
Buyer's Agent
Brian Zemlicka
HomeSmart
List Price
$120,000
Sold Price
$105,000
Premium/Discount to List
-$15,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.37%
Original Mortgage
$99,750
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2011
Sold by
Usa Rental Fund Llc
Bought by
Sands Brian L and Lewsader Karen R

Purchase Details

Closed on
Dec 23, 2010
Sold by
Fannie Mae
Bought by
Usa Rental Fund Llc

Purchase Details

Closed on
Jun 23, 2010
Sold by
Henderson Timothy and Henderson Tim
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 22, 2005
Sold by
Zumbrum Janice D
Bought by
Henderson Tim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,600
Interest Rate
7.47%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 7, 2001
Sold by
Oneill Dawn A and Oneill Edward T
Bought by
Zumbrum Janice D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,960
Interest Rate
6.57%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 14, 2000
Sold by
Oneill Marie
Bought by
Oneill Edward

Purchase Details

Closed on
May 18, 2000
Sold by
Silberzahn Bryan Evan
Bought by
Oneill Dawn A and Oneill Edward T

Purchase Details

Closed on
Jun 2, 1998
Sold by
Yaroch Debra A
Bought by
Silberzahn Bryan Evan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.17%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Finney Michael S $249,000 First American Title
Kirk Christopher R $105,000 Grand Canyon Title Agency
Sands Brian L $28,000 Equity Title Agency
Usa Rental Fund Llc $19,778 None Available
Federal National Mortgage Association $117,683 First American Title
Henderson Tim $127,000 Transnation Title
Zumbrum Janice D $68,000 Lawyers Title Of Arizona Inc
Oneill Edward -- Capital Title Agency
Oneill Dawn A $59,000 Capital Title Agency
Silberzahn Bryan Evan $42,106 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Finney Michael S $236,550
Previous Owner Kirk Christopher R $99,750
Previous Owner Henderson Tim $101,600
Previous Owner Zumbrum Janice D $65,960
Previous Owner Silberzahn Bryan Evan $40,000
Closed Henderson Tim $25,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2019 04/10/19 Sold $105,000 0.0% $99 / Sq Ft
03/26/2019 03/26/19 Pending -- -- --
03/25/2019 03/25/19 Price Changed $105,000 -12.5% $99 / Sq Ft
03/25/2019 03/25/19 For Sale $120,000 0.0% $113 / Sq Ft
03/17/2019 03/17/19 Pending -- -- --
03/10/2019 03/10/19 Price Changed $120,000 -20.0% $113 / Sq Ft
03/08/2019 03/08/19 For Sale $150,000 +42.9% $141 / Sq Ft
02/07/2019 02/07/19 Off Market $105,000 -- --
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 $420 $3,677 -- --
2024 $391 $3,502 -- --
2023 $391 $14,610 $2,920 $11,690
2022 $389 $11,760 $2,350 $9,410
2021 $400 $10,960 $2,190 $8,770
2020 $389 $9,830 $1,960 $7,870
2019 $371 $8,470 $1,690 $6,780
2018 $406 $6,370 $1,270 $5,100
2017 $373 $5,470 $1,090 $4,380
2016 $360 $4,210 $840 $3,370
2015 $335 $3,230 $640 $2,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5879989

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-45-331A