NOT LISTED FOR SALE

5615 N Palacio Way Phoenix, AZ 85014

Camelback East Village Neighborhood

Estimated Value: $481,000 - $525,000

3 Beds
2 Baths
1,548 Sq Ft
$327/Sq Ft Est. Value

Last Sold November 08, 2016

Last sale price $305,000 $197 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,894/month

1 Day on Market

Highlights

  • Heated Pool
  • Solar Power System
  • Spanish Architecture
  • Phoenix Coding Academy Rated A
  • Wood Flooring
  • End Unit

About This Home

As of November 2016

Beautifully renovated,3BR,2BA,2CarGar home on one of the best lots in sought after ''Palacio Del Sol''.Steps from community pool,this rare lot offers 2 add'l car spaces in driveway & large b-yard!Gorgeous hardwood floors,quaint fireplace,wood beam ceil's,ceil fans,cordless roman shades,charming entry courtyard, private b-yard w/large covered patio,extensive greenery & hot tub that conveys!Remodeled kitchen featuring beautiful Cambria Charston Granite slab counters w/beveled edge,custom self-closing cab's,glass tile backsplash & stainless appl's w/professional grade quiet dishwasher!Remodeled bathrooms feature Tuscan Travertine counters & shower/baths!Eco-friendly home w/thermopane windows & sliding doors,recoated roof,3 energy efficient skylights & solar system-LESS THAN $500/YR ELEC BILL!

Last Agent to Sell the Property

Bruce Dahlke

Ventana Fine Properties License #SA507711000 Listed on: 09/28/2016

Last Buyer's Agent

Robin Tamburo

DPR Realty LLC License #SA531592000

DPR Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,156

Year Built

  • Built in 1973

Lot Details

  • 3,655 Sq Ft Lot
  • End Unit
  • 1 Common Wall
  • Private Streets
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Corner Lot
  • Private Yard

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Spanish Architecture
  • Patio Home
  • Property Attached
  • Wood Frame Construction
  • Tile Roof
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,548 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Family Room with Fireplace

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Heated Pool
  • Covered Patio or Porch

Schools

  • Magnet Traditional Elementary School
  • Madison #1 Middle School
  • Central High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High-Efficiency Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Solar Power System
  • Property is near bus stop

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 162-03-084

Community Details

Overview

  • Property has a Home Owners Association
  • Palacio Del Sol Association, Phone Number (602) 279-9355
  • Palacio Del Sol Subdivision

Recreation

  • Heated Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,156

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Cross Street: 12th St & Bethany Home Rd
  • Legal Info Range: 3E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 133.33
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1973
  • Tax Year: 2015
  • Property Sub Type: Patio Home
  • Lot Size Acres: 0.08
  • Subdivision Name: PALACIO DEL SOL
  • Architectural Style: Spanish
  • Efficiency: Solar Panels, Water Heater
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 197.02
  • Association Fees:HOA Fee2: 400.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Windows:Low-E: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone, Wood
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: Walk-In Closet(s), Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Full Bth Master Bdrm, High Speed Internet, Granite Counters
  • Living Area: 1548.0
  • Stories: 1
  • Window Features: ENERGY STAR Qualified Windows, Double Pane Windows, Low Emissivity Windows
  • Kitchen Features:Dishwasher2: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Community Features:Community Pool Htd: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Community Features:Near Bus Stop: Yes
  • Kitchen Features:Cook Top Elec: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Private Street(s), Private Yard
  • Lot Features: Alley, Corner Lot, Desert Back, Desert Front
  • Pool Features: Community, Heated, None
  • Disclosures: Seller Discl Avail
  • Common Walls: 1 Common Wall, End Unit
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile, Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener, Separate Strge Area
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Separate Strge Area: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop
  • Amenities: Management
  • Association Fee Frequency: Quarterly
  • Association Name: Palacio Del Sol
  • Phone: 602-279-9355
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 250.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Palacio Del Sol
  • 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:Street Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Schools

  • Elementary School: Magnet Traditional School
  • High School: Central High School
  • Middle Or Junior School: Madison #1 Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3655.0
  • Parcel #: 162-03-084
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 2156.0
  • Tax Book Number: 162.00
  • Tax Lot: 15
  • Tax Map Number: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2017
Sold by
Cavness John J and Cavness Dianne Woods Olvera
Bought by
Cavness John J and Cavness Dianne Woods Olvera
Current Estimated Value
$506,231

Purchase Details

Listed on
Sep 28, 2016
Closed on
Oct 26, 2016
Sold by
Mcintosh Edward Noel and Tietjen Linda G
Bought by
Cavness John J and Woods Olvera Dianne
Seller's Agent
Bruce Dahlke
Ventana Fine Properties
Buyer's Agent
Robin Tamburo
DPR Realty LLC
List Price
$325,000
Sold Price
$305,000
Premium/Discount to List
-$20,000
-6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.69%
Original Mortgage
$280,250
Outstanding Balance
$225,417
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$280,814

Purchase Details

Closed on
Jan 28, 2011
Sold by
Vongerlach Geffrey
Bought by
Mcintosh Edward Noel and Tietjen Linda G

Purchase Details

Closed on
Feb 5, 2004
Sold by
Wilcox Florence M
Bought by
Vongerlach Geffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,500
Interest Rate
5.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 2, 1998
Sold by
Guenther Richard K and Guenther Barbara R
Bought by
Wilcox William G and Wilcox Florence M

Purchase Details

Closed on
Feb 26, 1997
Sold by
Guenther Richard K and Guenther Barbara R
Bought by
Guenther Richard K and Guenther Barbara R

Purchase Details

Closed on
Jun 16, 1994
Sold by
Huck Mary Minor
Bought by
Guenther Richard K and Guenther Barbara R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
8.6%
Mortgage Type
New Conventional
Source: Public Records
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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
Cavness John J -- None Available
Cavness John J $305,000 Great Amer Title Agency Inc
Mcintosh Edward Noel $200,000 Great American Title Agency
Vongerlach Geffrey $177,500 Tsa Title Agency
Wilcox William G $122,500 Old Republic Title Agency
Guenther Richard K -- --
Guenther Richard K $83,664 Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cavness John J $280,250
Previous Owner Vongerlach Geffrey $102,500
Previous Owner Guenther Richard K $83,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2016 11/08/16 Sold $305,000 -6.2% $197 / Sq Ft
09/29/2016 09/29/16 Pending -- -- --
09/28/2016 09/28/16 For Sale $325,000 -- $210 / 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 $2,966 $25,869 -- --
2024 $2,739 $24,637 -- --
2023 $2,739 $36,400 $7,280 $29,120
2022 $2,651 $30,930 $6,180 $24,750
2021 $2,705 $31,210 $6,240 $24,970
2020 $2,661 $29,150 $5,830 $23,320
2019 $2,601 $28,370 $5,670 $22,700
2018 $2,532 $24,100 $4,820 $19,280
2017 $2,404 $22,680 $4,530 $18,150
2016 $2,317 $21,610 $4,320 $17,290
2015 $2,156 $22,070 $4,410 $17,660
Source: Public Records

Agents Affiliated with this Home

  • Bruce Dahlke

    Seller's Agent in 2016

    Bruce Dahlke

    Ventana Fine Properties

    (480) 242-2325

    5 in this area

    67 Total Sales

    Bruce Dahlke
    Section Image
  • Robin Tamburo

    Buyer's Agent in 2016

    Robin Tamburo

    DPR Realty

    (480) 994-0800

    36 Total Sales

    Robin Tamburo
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5503288

Arizona Regional Multiple Listing Service (ARMLS)

APN: 162-03-084

Arizona Maricopa County Phoenix 85014 Camelback East Village

5615 N Palacio Way, Phoenix, AZ

Not Listed for Sale

MultiFamily

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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