NOT LISTED FOR SALE

5620 N Palacio Place Phoenix, AZ 85014

Camelback East Village Neighborhood

Estimated Value: $483,000 - $566,000

2 Beds
2 Baths
1,416 Sq Ft
$372/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $435,000 $307 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,253/month

Highlights

  • 1 Fireplace
  • Granite Countertops
  • Tile Flooring
  • Phoenix Coding Academy Rated A
  • Community Pool
  • Central Air

About This Home

As of March 2021

Beautiful updated patio home in Palacio del Sol. Listing agent is also owner of home.

Last Agent to Sell the Property

Michael Broderick

My Home Group Real Estate Brokerage Phone: 480-729-9907 License #SA647557000 Listed on: 03/05/2021

My Home Group Real Estate

Last Buyer's Agent

Bridget Hay

Fathom Realty Elite License #SA025411000

Fathom Realty Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,458

Year Built

  • Built in 1973

Lot Details

  • 3,520 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Backyard Sprinklers

HOA Fees

  • $167 Monthly HOA Fees

Parking

  • 2 Car Garage
  • 1 Open Parking Space
  • Garage Door Opener

Home Design

  • Patio Home
  • Property Attached
  • Wood Frame Construction
  • Foam Roof
  • Stucco

Interior Spaces

  • 1,416 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Kitchen Updated in 2021
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Floors Updated in 2021
  • Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom Updated in 2021
  • 2 Bathrooms

Schools

  • Madison Rose Lane Elementary School
  • Madison #1 Middle School
  • North High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 47
  • Assessor Parcel Number 162-03-116

Community Details

Overview

  • Association fees include insurance, ground maintenance
  • Palacio Del Sol Association, Phone Number (602) 279-4965
  • Palacio Del Sol Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,458

Year Built

Built in 1973

Lot Details

0

HOA Fees

$167 per month

Parking

2

Listing Details

  • Cross Street: Bethany Home and 12th Street
  • 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: 166.67
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2021
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2021
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2021
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1973
  • Tax Year: 2020
  • Directions: South on 12th Street to {Palacio Drive into complex. 1st left on Palacio Place. Home is in left.
  • Attribution Contact: 480-729-9907
  • Property Sub Type: Patio Home
  • Horses: No
  • Lot Size Acres: 0.08
  • Subdivision Name: PALACIO DEL SOL
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 500.0
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Master Downstairs, 3/4 Bath Master Bdrm
  • Living Area: 1416.0
  • Stories: 1
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Back, Desert Front, Irrigation Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Foam
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 1.0
  • Parking Features:Garage Door Opener: Yes

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

  • Community Features: Community Pool
  • Association Fee: 500.0
  • Association Fee Frequency: Quarterly
  • Association Name: Palacio del Sol
  • Phone: 602-279-4965
  • 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:HOA Telephone4: 602-279-4965
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds

Schools

  • Elementary School: Madison Rose Lane School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Madison #1 Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3520.0
  • Parcel #: 162-03-116

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 2458.0
  • Tax Book Number: 162.00
  • Tax Lot: 47
  • Tax Map Number: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2021
Closed on
Mar 9, 2021
Sold by
Nueva Empresa Holdings Llc
Bought by
Ahrens Molly E
Seller's Agent
Michael Broderick
My Home Group Real Estate
Buyer's Agent
Bridget Hay
Fathom Realty Elite
List Price
$435,000
Sold Price
$435,000
Current Estimated Value
$526,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,608
Avg. Annual Appreciation
4.38%
Original Mortgage
$348,000
Outstanding Balance
$313,880
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$211,735

Purchase Details

Closed on
Sep 14, 2020
Sold by
Cohen Stanley
Bought by
Nueva Empresa Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 29, 1994
Sold by
Harding Donald G and Phegley Neta Sue
Bought by
Cohen Stanley and Cohen Barbara A
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
Ahrens Molly E $435,000 First American Title Ins Co
Nueva Empresa Holdings Llc $240,000 Empire West Title Agency Llc
Cohen Stanley -- Security Title Agency
Phegley Neta Sue -- Security Title Agency
Phegley Neta Sue -- Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahrens Molly E $348,000
Previous Owner Nueva Empresa Holdings Llc $210,000
Previous Owner Cohen Stanley $50,000
Previous Owner Cohen Stanley $175,000
Previous Owner Cohen Stanley $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $435,000 0.0% $307 / Sq Ft
03/05/2021 03/05/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $435,000 -- $307 / 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 $2,605 $23,893 -- --
2024 $2,529 $22,756 -- --
2023 $2,529 $34,610 $6,920 $27,690
2022 $2,448 $29,150 $5,830 $23,320
2021 $2,498 $29,280 $5,850 $23,430
2020 $2,458 $27,350 $5,470 $21,880
2019 $2,402 $26,710 $5,340 $21,370
2018 $2,339 $22,470 $4,490 $17,980
2017 $2,220 $21,070 $4,210 $16,860
2016 $2,140 $19,910 $3,980 $15,930
2015 $1,991 $20,330 $4,060 $16,270
Source: Public Records

Agents Affiliated with this Home

  • Michael Broderick

    Seller's Agent in 2021

    Michael Broderick

    My Home Group

    (480) 729-9907

    5 in this area

    47 Total Sales

    Michael Broderick
    Section Image

  • B

    Buyer's Agent in 2021

    Bridget Hay

    Fathom Realty Elite

    (480) 947-4154

    3 in this area

    12 Total Sales

    Bridget Hay
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6212002

Arizona Regional Multiple Listing Service (ARMLS)

APN: 162-03-116

Arizona Maricopa County Phoenix 85014 Camelback East Village

5620 N Palacio Place, Phoenix, AZ

This home is located at 5620 N Palacio Place, Phoenix, AZ 85014 since 05 March 2021 and is currently estimated at $526,608, approximately $371 per square foot. This property was built in 1973. 5620 N Palacio Place is a home located in Maricopa County with nearby schools including Madison Rose Lane Elementary School, Madison No. 1 Middle 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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