NOT LISTED FOR SALE

Estimated Value: $152,000 - $323,000

1 Bed
1 Bath
784 Sq Ft
$295/mo HOA Fee

Last Sold May 29, 2015

Last sale price $65,000 $83 Per Sq Ft

Est. 222% increase in value since last sale

Current estimated payment $1,418/month

56 Days on Market

Highlights

  • Unit is on the top floor
  • Private Pool
  • End Unit
  • Phoenix Coding Academy Rated A
  • Gated Community
  • 4-minute walk to Country Club Oval Park

About This Home

As of May 2015

This little condo is very cool. It feels large when you are in the building. All of the rooms are over-sized and just have a large feel. The condo has been remodeled several times, and almost everything is new at this point. The kitchen features new cabinets, and a great stainless steel back splash. Off of the kitchen is a huge balcony that overlooks central Phoenix, and has views of several mountain ranges. The perfect place to enjoy your morning coffee. There is room on the balcony to seat 8-10. The master bedroom is very large as well, and has a giant walk-in closet! My favorite part of the condo is behind the door at the end of the closet! Open that door to find the washer, dryer and utility room! What a great idea!

Last Agent to Sell the Property

David Fisher

HomeSmart License #BR515477000 Listed on: 02/23/2015

HomeSmart

Last Buyer's Agent

Debbie Panek

Prestige Realty License #SA575706000

Prestige Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $225

Year Built

  • Built in 1964

Lot Details

  • End Unit
  • 1 Common Wall
  • Wood Fence
  • Grass Covered Lot

HOA Fees

  • $295 Monthly HOA Fees

Home Design

  • Patio Home
  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 784 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Solar Screens
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary Bathroom is a Full Bathroom
  • 1 Bathroom

Parking

  • 1 Carport Space
  • Assigned Parking

Pool

  • Private Pool
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Outdoor Storage

Location

  • Unit is on the top floor

Schools

  • Longview Elementary School
  • Alhambra Traditional Middle School
  • North High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 4
  • Assessor Parcel Number 118-45-325-B

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, pest control, ground maintenance, front yard maint, trash, water, roof replacement, maintenance exterior
  • Built by Adorable
  • Palm Terrace Condominium Subdivision

Recreation

  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$225

Year Built

Built in 1964

Lot Details

0

HOA Fees

$295 per month

Listing Details

  • Cross Street: THOMAS & 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: 295.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1964
  • Tax Year: 2014
  • Property Sub Type: Patio Home
  • Horses: No
  • Subdivision Name: PALM TERRACE CONDOMINIUM
  • Property Attached Yn: Yes
  • Tax Parcel Letter: B
  • General Property Description:PriceSqFt: 82.9
  • Association Fees:HOA Fee2: 295.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Full Bth Master Bdrm
  • Living Area: 784.0
  • Stories: 2
  • Window Features: Solar Screens
  • Community Features:Community Pool: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: See Remarks, Other, Wood
  • Exterior Features: Balcony, Storage
  • Lot Features: Alley, Grass Front
  • Pool Features: Fenced
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Home Warranty: Yes
  • Common Walls: 1 Common Wall, Neighbor Below, End Unit
  • Construction Type: Stucco, Painted, Block
  • Roof: Foam
  • Construction:Block: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Assigned
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Open Parking 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
  • Association Fee: 295.0
  • Association Fee Frequency: Monthly
  • Association Name: 0
  • Phone: 0
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: 0
  • 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:Front Yard Maint: Yes
  • 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
  • Association Fee Incl:Pest Control: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Pest Control, 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: Alhambra Traditional School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 103.0
  • Parcel #: 118-45-325-B

Building Info

  • Builder Name: Adorable

Tax Info

  • Tax Annual Amount: 225.0
  • Tax Book Number: 118.00
  • Tax Lot: 4
  • Tax Map Number: 45.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2015
Closed on
May 27, 2015
Sold by
Capuchino Kelly R
Bought by
Shields Rebecca
Seller's Agent
David Fisher
HomeSmart
Buyer's Agent
Debbie Panek
Prestige Realty
List Price
$79,900
Sold Price
$65,000
Premium/Discount to List
-$14,900
-18.65%
Current Estimated Value
$209,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,121
Avg. Annual Appreciation
11.72%
Original Mortgage
$61,750
Outstanding Balance
$47,639
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$161,483

Purchase Details

Closed on
May 19, 2004
Sold by
Gillman Nicole Renee
Bought by
Capuchino Kelly R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
5.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2002
Sold by
Gillman Nicole Renee and Gillman William
Bought by
Gillman Nicole Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,200
Interest Rate
7.01%

Purchase Details

Closed on
Feb 12, 1998
Sold by
Hud
Bought by
Gillman Nicole Renee and Gillman William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,813
Interest Rate
7.11%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 12, 1997
Sold by
Fleet Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Nov 13, 1997
Sold by
Arnold Janice
Bought by
Fleet Mtg Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shields Rebecca $65,000 Magnus Title Agency
Capuchino Kelly R $70,000 Transnation Title
Gillman Nicole Renee -- Stewart Title & Trust
Gillman Nicole Renee -- First Southwestern Title
Hud -- First Southwestern Title
Fleet Mtg Corp -- First Southwestern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shields Rebecca $61,750
Previous Owner Capuchino Kelly R $66,500
Previous Owner Gillman Nicole Renee $43,200
Previous Owner Gillman Nicole Renee $33,813
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2015 05/29/15 Sold $65,000 0.0% $83 / Sq Ft
04/20/2015 04/20/15 Pending -- -- --
04/19/2015 04/19/15 Price Changed $65,000 -5.8% $83 / Sq Ft
04/10/2015 04/10/15 Price Changed $69,000 -1.3% $88 / Sq Ft
03/20/2015 03/20/15 Price Changed $69,900 -6.7% $89 / Sq Ft
03/14/2015 03/14/15 Price Changed $74,900 -6.3% $96 / Sq Ft
02/23/2015 02/23/15 For Sale $79,900 -- $102 / 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 $313 $2,737 -- --
2024 $291 $2,606 -- --
2023 $291 $11,650 $2,330 $9,320
2022 $289 $9,130 $1,820 $7,310
2021 $298 $8,460 $1,690 $6,770
2020 $290 $7,620 $1,520 $6,100
2019 $276 $6,530 $1,300 $5,230
2018 $266 $4,930 $980 $3,950
2017 $242 $4,180 $830 $3,350
2016 $233 $3,130 $620 $2,510
2015 $217 $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: 5240631

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-45-325B