NOT LISTED FOR SALE

5501 W Palm Ln Phoenix, AZ 85035

Estimated Value: $300,000 - $337,000

3 Beds
2 Baths
1,064 Sq Ft
$302/Sq Ft Est. Value

Last Sold September 18, 2015

Last sale price $120,000 $113 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $1,757/month

28 Days on Market

Highlights

  • 1 Fireplace
  • Corner Lot
  • Covered Patio or Porch
  • Phoenix Coding Academy Rated A
  • No HOA
  • No Interior Steps

About This Home

As of September 2015

Stunning single level home on a corner lot in Phoenix! Neutral tile and a cozy fireplace! Kitchen is complete with plenty of cabinet space and white appliance. Master suite has picture window and tile flooring. 3/4 bathroom with single sink vanity. Huge backyard has extended patio with easy to maintain landscaping and built in seating, perfect for entertaining! Come see this home today, you don't want to miss it!

Last Agent to Sell the Property

Marisol Munoz Castro

Coldwell Banker Realty License #SA555727000 Listed on: 07/21/2015

Coldwell Banker Realty

Last Buyer's Agent

Gonzalo Enriquez

West USA Realty License #BR004954000

West USA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $605

Year Built

  • Built in 1971

Lot Details

  • 6,527 Sq Ft Lot
  • Desert faces the front and back of the property
  • Chain Link Fence
  • Corner Lot

Parking

  • 2 Carport Spaces

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,064 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • 1 Fireplace
  • Tile Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Harris Elementary School
  • Frank Borman Middle School
  • Maryvale High School

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered Patio or Porch

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by JOHN F LONG
  • Maryvale Terrace 40A Subdivision

Listing and Financial Details

  • Tax Lot 330
  • Assessor Parcel Number 103-16-538

Home Details

Home Type

Single Family

Est. Annual Taxes

$605

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Cross Street: McDowell Rd & 59th Ave
  • Legal Info Range: 2E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1971
  • Tax Year: 2014
  • Directions: North on 59th Ave from McDowell, Right on Palm, home is on the Right.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.15
  • Subdivision Name: MARYVALE TERRACE 40A
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: 9+ Flat Ceilings, No Interior Steps, 3/4 Bath Master Bdrm, High Speed Internet
  • Living Area: 1064.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Other Rooms:Family Room: Yes

Exterior Features

  • Fencing: Chain Link
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Corner Lot, Desert Back, Desert Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Carport Spaces: 2.0

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: None
  • 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: Harris Elementary School
  • High School: Maryvale High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Frank Borman School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6527.0
  • Parcel #: 103-16-538
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: JOHN F LONG

Tax Info

  • Tax Annual Amount: 605.0
  • Tax Book Number: 103.00
  • Tax Lot: 330
  • Tax Map Number: 16.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2015
Closed on
Sep 17, 2015
Sold by
Cejudo Denika and Cejudo Josue Ioban
Bought by
Cejudo Josue Oiban
Seller's Agent
Marisol Munoz Castro
Coldwell Banker Realty
Buyer's Agent
Gonzalo Enriquez
West USA Realty
List Price
$116,000
Sold Price
$120,000
Premium/Discount to List
$4,000
3.45%
Current Estimated Value
$320,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,892
Avg. Annual Appreciation
10.20%
Original Mortgage
$114,880
Outstanding Balance
$92,894
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$224,698

Purchase Details

Listed on
Jul 21, 2015
Closed on
Sep 16, 2015
Sold by
Gandara Ken
Bought by
Cejudo Josue Ioban
Seller's Agent
Marisol Munoz Castro
Coldwell Banker Realty
Buyer's Agent
Gonzalo Enriquez
West USA Realty
List Price
$116,000
Sold Price
$120,000
Premium/Discount to List
$4,000
3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,880
Outstanding Balance
$92,894
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$224,698

Purchase Details

Closed on
Aug 7, 2012
Sold by
Sanabriga Martha
Bought by
Gandara Ken

Purchase Details

Closed on
Oct 24, 2011
Sold by
Gonzalez Mercedes
Bought by
Sanabriga Martha

Purchase Details

Closed on
Nov 14, 2002
Sold by
Sanabriga Martha
Bought by
Sanabriga Martha and Gonzalez Mercedes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
8.25%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 4, 2002
Sold by
Gandara Christina
Bought by
Gandara Ken

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
8.25%
Mortgage Type
Seller Take Back
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
Cejudo Josue Oiban -- American Title Svc Agency Ll
Cejudo Josue Ioban $118,000 American Title Svc Agency Ll
Gandara Ken -- None Available
Sanabriga Martha -- None Available
Sanabriga Martha -- --
Gandara Ken -- Lawyers Title Of Arizona Inc
Gandara Ken $81,000 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cejudo Josue Ioban $114,880
Previous Owner Sanabriga Martha $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2015 09/18/15 Sold $120,000 +3.4% $113 / Sq Ft
08/18/2015 08/18/15 Pending -- -- --
08/14/2015 08/14/15 For Sale $116,000 0.0% $109 / Sq Ft
08/05/2015 08/05/15 Pending -- -- --
07/29/2015 07/29/15 Price Changed $116,000 -7.2% $109 / Sq Ft
07/21/2015 07/21/15 For Sale $125,000 -- $117 / 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 $758 $4,892 -- --
2024 $778 $4,659 -- --
2023 $778 $20,730 $4,140 $16,590
2022 $730 $16,620 $3,320 $13,300
2021 $745 $13,780 $2,750 $11,030
2020 $704 $12,360 $2,470 $9,890
2019 $672 $10,610 $2,120 $8,490
2018 $702 $9,480 $1,890 $7,590
2017 $669 $7,700 $1,540 $6,160
2016 $639 $6,560 $1,310 $5,250
2015 $589 $5,620 $1,120 $4,500
Source: Public Records

Agents Affiliated with this Home

  • Marisol Munoz Castro

    Seller's Agent in 2015

    Marisol Munoz Castro

    Coldwell Banker Realty

    (623) 203-8613

    57 Total Sales

    Marisol Munoz Castro
    Section Image

  • G

    Buyer's Agent in 2015

    Gonzalo Enriquez

    West USA Realty

    (602) 540-3636

    23 Total Sales

    Gonzalo Enriquez
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5310247

Arizona Regional Multiple Listing Service (ARMLS)

APN: 103-16-538

Arizona Maricopa County Phoenix 85035

5501 W Palm Ln, Phoenix, AZ

This home is located at 5501 W Palm Ln, Phoenix, AZ 85035 since 21 July 2015 and is currently estimated at $320,892, approximately $301 per square foot. This property was built in 1971. 5501 W Palm Ln is a home located in Maricopa County with nearby schools including Charles W. Harris School, Maryvale High School, and Phoenix Coding Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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