NOT LISTED FOR SALE

Estimated Value: $183,000 - $251,000

1 Bed
1 Bath
784 Sq Ft
$325/mo HOA Fee

Last Sold March 17, 2022

Last sale price $230,000 $293 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $1,482/month

73 Days on Market

Highlights

  • Unit is on the top floor
  • The property is located in a historic district
  • Contemporary Architecture
  • Phoenix Coding Academy Rated A
  • Gated Community
  • End Unit

About This Home

As of March 2022

GREAT location near LOTS of Shopping & Dining. Also near: neighborhood parks, TONS of golf, LOTS of hiking and biking trails, and easy freeway access. Poolside, 2nd floor unit. Single level 1 bedroom, 1 bath floor plan. The kitchen features white cabinets, NEW quartz counter tops, and a NEW stainless-steel appliance package.
A fresh coat of Interior paint throughout. NEW flooring throughout featuring NEW Luxury Vinyl Plank flooring in the main living areas and bathroom, and NEW carpeting throughout. Spacious rear patio. The orange lockbox is located at the left side of the gate at the bottom of the fence.

Last Agent to Sell the Property

Derek Dickson

OfferPad Brokerage, LLC License #SA639968000 Listed on: 12/01/2021

Last Buyer's Agent

Katie Kinnaman

HomeSmart License #SA664715000

HomeSmart

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $335

Year Built

  • Built in 1964

Lot Details

  • End Unit
  • Wrought Iron Fence
  • Grass Covered Lot

HOA Fees

  • $325 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 784 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Electric Cooktop

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Balcony

Location

  • Unit is on the top floor
  • The property is located in a historic district

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 118-45-337-A

Community Details

Overview

  • Association fees include sewer, ground maintenance, front yard maint, trash, water, roof replacement, maintenance exterior
  • Palm Terrace Association, Phone Number (480) 948-5860
  • Palm Terrace Condominium Subdivision

Recreation

  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$335

Year Built

Built in 1964

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • Cross Street: 7TH STREET AND THOMAS RD
  • 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
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1964
  • Tax Year: 2021
  • Directions: Head east on W Thomas Rd toward N 29th Ave Turn right onto N 5th St Turn left onto E Roanoke Ave Destination will be on the right
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.2
  • Subdivision Name: PALM TERRACE CONDOMINIUM
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • Tax Parcel Letter: A
  • Association Fees:HOA Fee2: 324.5
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Laminate
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet
  • Living Area: 784.0
  • Stories: 2
  • Community Features:Community Pool: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Community Features:Historic District: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Balcony
  • Lot Features: Grass Front
  • Pool Features: None
  • View: City Light View(s)
  • Disclosures: None
  • Common Walls: Neighbor Below, End Unit
  • Construction Type: Other, Painted
  • Roof: Other
  • 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, Ceiling Fan(s)
  • 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, Historic District
  • Association Fee: 324.5
  • Association Fee Frequency: Monthly
  • Association Name: Palm Terrace
  • 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
  • Association Fees:HOA Telephone4: 480-948-5860
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Sewer, Maintenance Grounds, Front Yard Maint, 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: 8647.0
  • Parcel #: 118-45-337-A

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 335.0
  • Tax Book Number: 118.00
  • Tax Lot: 16
  • Tax Map Number: 45.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2021
Closed on
Feb 14, 2022
Sold by
Offerpad Spe Borrower A Llc
Bought by
Alvarez Carlos Alberto Maci and Figueroa Lucia
Seller's Agent
Derek Dickson
OfferPad Brokerage, LLC
Buyer's Agent
Katie Kinnaman
HomeSmart
List Price
$229,900
Sold Price
$230,000
Premium/Discount to List
$100
0.04%
Current Estimated Value
$214,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,864
Avg. Annual Appreciation
-1.97%
Original Mortgage
$207,000
Outstanding Balance
$192,538
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$21,598

Purchase Details

Closed on
Oct 18, 2021
Sold by
Schira Jon C and Schira Michelle L
Bought by
Offerpad Spe Borrower A Llc

Purchase Details

Listed on
Oct 3, 2015
Closed on
Jan 11, 2016
Sold by
The Paris Portfolio Llc
Bought by
Schira Jon C and Schira Michelle L
Seller's Agent
J Ralph
ProAgent Realty
Buyer's Agent
Carrie Dykstra
Coldwell Banker Realty
List Price
$75,000
Sold Price
$70,000
Premium/Discount to List
-$5,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.12%

Purchase Details

Closed on
Jun 29, 2011
Sold by
Patterson William R and Patterson Norma E
Bought by
The Paris Portfolio Llc

Purchase Details

Closed on
Nov 9, 1989
Sold by
Patterson William R and Patterson Norma E
Bought by
Patterson William R and Patterson Norma E
Source: Public Records

Range of Values:

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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
Alvarez Carlos Alberto Maci $230,000 First American Title
Offerpad Spe Borrower A Llc $191,000 First American Title Ins Co
Schira Jon C $70,000 Equity Title Agency Inc
The Paris Portfolio Llc $18,500 Security Title Agency
Patterson William R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Carlos Alberto Maci $207,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/17/2022 03/17/22 Sold $230,000 0.0% $293 / Sq Ft
02/12/2022 02/12/22 Pending -- -- --
12/24/2021 12/24/21 For Sale $229,900 0.0% $293 / Sq Ft
12/07/2021 12/07/21 Pending -- -- --
12/01/2021 12/01/21 For Sale $229,900 +228.4% $293 / Sq Ft
01/15/2016 01/15/16 Sold $70,000 -6.7% $89 / Sq Ft View Prior Sale
12/28/2015 12/28/15 Pending -- -- --
11/25/2015 11/25/15 For Sale $75,000 0.0% $96 / Sq Ft
11/18/2015 11/18/15 Pending -- -- --
10/02/2015 10/02/15 For Sale $75,000 -- $96 / 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 $302 $2,737 -- --
2024 $291 $2,606 -- --
2023 $291 $11,650 $2,330 $9,320
2022 $289 $9,130 $1,820 $7,310
2021 $335 $8,460 $1,690 $6,770
2020 $327 $7,620 $1,520 $6,100
2019 $313 $6,530 $1,300 $5,230
2018 $302 $4,930 $980 $3,950
2017 $278 $4,180 $830 $3,350
2016 $268 $3,130 $620 $2,510
2015 $249 $2,410 $480 $1,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6327166

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-45-337A