$240,000
SOLD OCT 5, 2021

5407 W Palm Ln Phoenix, AZ 85035

3 Beds
2 Baths
1,212 Sq Ft
6,085 Sq Ft Lot

Recently Sold

$198 Per Sq Ft

4% Above List Price

6 Days on Market

Highlights

  • Private Pool
  • No HOA
  • Central Air
  • Phoenix Coding Academy Rated A
  • Double Pane Windows
  • Carpet

About This Home

As of March 2022

Great West Phoenix home, the home has good bones but needs some TLC. This home is being sold ''AS-IS'' Only Owner-Occupant offers will be accepted, until 9/10/2021 at 7am. If an owner occupant offer is not accepted by 9/10/2021 at 7 am, all offers will be reviewed 9/13/2021 at 7 am.

Last Agent to Sell the Property

Joel Mccabe

Trellis Realty LLC License #BR564461000 Listed on: 09/08/2021

Last Buyer's Agent

Enrique Gonzales

HomeSmart License #SA528977000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,369

Year Built

  • Built in 1974

Lot Details

  • 6,085 Sq Ft Lot
  • Chain Link Fence

Parking

  • 2 Carport Spaces

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,212 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Pool

  • Private Pool

Schools

  • Cartwright Elementary And Middle School
  • West Point High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Wedgewood Park 10 Subdivision

Listing and Financial Details

  • Tax Lot 289
  • Assessor Parcel Number 103-18-664

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,369

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Cross Street: W. McDowell & 51st Ave
  • Legal Info Range: 2E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Architect Architect: unknown
  • Association Fees Community Facilities District: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1974
  • Tax Year: 2021
  • Directions: West on W. McDowell, North on 53rd ave, West on Palm Lane to house on the left.
  • Master Model: unknown
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.14
  • Subdivision Name: WEDGEWOOD PARK 10
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Windows:Dual Pane: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: 3/4 Bath Master Bdrm
  • Living Area: 1212.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Elec: Yes

Exterior Features

  • Fencing: Chain Link
  • Lot Features: Dirt Front, Dirt Back
  • Pool Features: Private
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Carport Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Cartwright School
  • High School: West Point High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Cartwright School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6085.0
  • Parcel #: 103-18-664

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Book Number: 103.00
  • Tax Lot: 289
  • Tax Map Number: 18.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2022
Closed on
Mar 16, 2022
Sold by
Remodelaciones Martinez Llc
Bought by
Banuelos Jose A Flores
Seller's Agent
Enrique Gonzales
HomeSmart
Buyer's Agent
Roxana Loya
Coldwell Banker Realty
List Price
$375,000
Sold Price
$360,000
Premium/Discount to List
-$15,000
-4%
Current Estimated Value
$357,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,140
Avg. Annual Appreciation
-0.08%
Original Mortgage
$340,252
Outstanding Balance
$320,506
Interest Rate
3.85%
Mortgage Type
FHA
Estimated Equity
$38,519
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $360,000 Empire West Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $340,252 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2022 03/21/22 Sold $360,000 -5.3% $297 / Sq Ft
02/23/2022 02/23/22 Price Changed $380,000 +1.3% $314 / Sq Ft
02/21/2022 02/21/22 Pending -- -- --
02/16/2022 02/16/22 For Sale $375,000 0.0% $309 / Sq Ft
01/28/2022 01/28/22 Price Changed $375,000 +2.7% $309 / Sq Ft
01/27/2022 01/27/22 Pending -- -- --
01/20/2022 01/20/22 For Sale $365,000 +52.1% $301 / Sq Ft
10/05/2021 10/05/21 Sold $240,000 +4.3% $198 / Sq Ft
09/14/2021 09/14/21 Pending -- -- --
09/08/2021 09/08/21 For Sale $230,000 -- $190 / 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 $1,369 $8,043 -- --
2024 $1,400 $7,660 -- --
2023 $1,400 $32,130 $6,420 $25,710
2022 $1,320 $25,020 $4,995 $20,025
2021 $0 $21,345 $4,260 $17,085
2020 $0 $19,275 $3,855 $15,420
2019 $0 $16,515 $3,300 $13,215
2018 $0 $14,970 $2,985 $11,985
2017 $0 $12,240 $2,445 $9,795
2016 $0 $10,545 $2,100 $8,445
2015 -- $9,616 $1,920 $7,696
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6290435

Arizona Regional Multiple Listing Service (ARMLS)

APN: 103-18-664