$500,000
SOLD JUN 19, 2025

5622 N Palacio Way Phoenix, AZ 85014

Camelback East Village Neighborhood
3 Beds
2 Baths
1,524 Sq Ft
$300/mo HOA Fee

Recently Sold

$328 Per Sq Ft

3 Days on Market

Highlights

  • Vaulted Ceiling
  • Spanish Architecture
  • End Unit
  • Phoenix Coding Academy Rated A
  • 1 Fireplace
  • Corner Lot

About This Home

As of June 2025

Bright and airy 3BR/2BA corner-lot townhouse featuring vaulted ceilings, and abundant natural light. Master suite includes a walk-in closet and patio access. Enjoy a private, covered back patio with ceiling fans and low-maintenance landscaping. All appliances included. Community offers a community pool. Move-in ready and full of character!

Last Agent to Sell the Property

Stephanie Cunningham

Fathom Realty Elite License #SA114741000 Listed on: 05/16/2025

Fathom Realty Elite

Last Buyer's Agent

Samantha Witherwax

Compass License #SA677817000

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,741

Year Built

  • Built in 1973

Lot Details

  • 3,093 Sq Ft Lot
  • End Unit
  • 1 Common Wall
  • Private Streets
  • Block Wall Fence

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Spanish Architecture
  • Tile Roof
  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,524 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Built-In Microwave

Flooring

  • Floors Updated in 2025
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Madison Rose Lane Elementary School
  • Madison Traditional Academy Middle School
  • North High School

Utilities

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

Additional Features

  • No Interior Steps
  • Covered Patio or Porch
  • Property is near a bus stop

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 162-03-096

Community Details

Overview

  • Association fees include insurance, ground maintenance, street maintenance, trash
  • Association Phone (407) 694-8103
  • Palacio Del Sol Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,741

Year Built

Built in 1973

Lot Details

0

HOA Fees

$300 per month

Parking

2

Listing Details

  • Cross Street: 12th St. & Missouri
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Condominium
  • Association Fees Community Facilities District: N
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 300.0
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2025
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1973
  • Tax Year: 2024
  • Directions: North to Palacio Drive, turn right on Palacio Drive and follow the road around to Palacio Way, home is on the corner.
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.07
  • Subdivision Name: PALACIO DEL SOL
  • Architectural Style: Spanish
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 900.0
  • Cooling:Ceiling Fan(s): Yes
  • 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: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, No Interior Steps, Vaulted Ceiling(s), 3/4 Bath Master Bdrm
  • Living Area: 1524.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Street(s)
  • Lot Features: Corner Lot, Gravel/Stone Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: 1 Common Wall, End Unit
  • Construction Type: Stucco, Painted, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile, Foam
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Attch'd Gar Cabinets, Separate Strge Area, Detached
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Detached: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool, Near Bus Stop
  • Association Fee: 900.0
  • Association Fee Frequency: Quarterly
  • Association Name: Palacio Del Sol
  • Phone: 407-694-8103
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Palacio Del Sol
  • Association Fees:HOA Telephone4: 407-694-8103
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fees:Prepaid Association Fees HOA: 900.0
  • Association Fees:Disclosure Fees HOA: 300.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: self managed
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds, Street Maint, Trash

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 Traditional Academy

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3093.0
  • Parcel #: 162-03-096

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 2741.0
  • Tax Book Number: 162.00
  • Tax Lot: 27
  • Tax Map Number: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2025
Closed on
Jun 16, 2025
Sold by
Lim Rosina Y
Bought by
Dircks Samantha
Seller's Agent
Stephanie Cunningham
Fathom Realty Elite
Buyer's Agent
Samantha Witherwax
Compass
List Price
$500,000
Sold Price
$500,000
Views
46
Current Estimated Value
$498,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,302
Avg. Annual Appreciation
-1.04%
Original Mortgage
$450,000
Outstanding Balance
$449,613
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$49,085

Purchase Details

Closed on
Aug 26, 2022
Sold by
Lim Rosina Y
Bought by
Lim Rosina Y and Lim Pamela

Purchase Details

Listed on
Dec 10, 2015
Closed on
Jan 4, 2016
Sold by
Craig David W and Craig Carol A
Bought by
Lim Rosina Y
Seller's Agent
Rosemary DeLaurentis
Coldwell Banker Realty
Buyer's Agent
Linda Boatwright
SERHANT.
List Price
$295,000
Sold Price
$295,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.56%

Purchase Details

Closed on
Sep 25, 2000
Sold by
Herlocker Jay R
Bought by
Craig David W and Draig Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,100
Interest Rate
7.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 1998
Sold by
Miller Judy M
Bought by
Herlocker Jay R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.99%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $500,000 Wfg National Title Insurance C
Deed -- None Listed On Document
Cash Sale Deed $295,000 Equity Title Agency Inc
Warranty Deed $138,000 Grand Canyon Title Agency In
Warranty Deed $130,000 Ati Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $450,000 New Conventional
Previous Owner $54,392 New Conventional
Previous Owner $80,000 Credit Line Revolving
Previous Owner $134,601 Unknown
Previous Owner $131,100 New Conventional
Previous Owner $104,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2025 06/19/25 Sold $500,000 0.0% $328 / Sq Ft
05/19/2025 05/19/25 Pending -- -- --
05/16/2025 05/16/25 For Sale $500,000 +69.5% $328 / Sq Ft
01/08/2016 01/08/16 Sold $295,000 0.0% $191 / Sq Ft
12/13/2015 12/13/15 Pending -- -- --
12/10/2015 12/10/15 For Sale $295,000 -- $191 / 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 $2,741 $25,869 -- --
2024 $2,739 $24,637 -- --
2023 $2,739 $36,380 $7,270 $29,110
2022 $2,651 $30,800 $6,160 $24,640
2021 $2,705 $31,030 $6,200 $24,830
2020 $2,661 $29,000 $5,800 $23,200
2019 $2,601 $28,260 $5,650 $22,610
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 $2,456 $22,070 $4,410 $17,660
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Cunningham

    Seller's Agent in 2025

    Stephanie Cunningham

    Fathom Realty Elite

    (602) 565-8500

    1 in this area

    18 Total Sales

    Stephanie Cunningham
    Section Image
  • Samantha Witherwax

    Buyer's Agent in 2025

    Samantha Witherwax

    Compass

    (602) 909-7113

    23 in this area

    82 Total Sales

    Samantha Witherwax
    Section Image
  • Rosemary DeLaurentis

    Seller's Agent in 2016

    Rosemary DeLaurentis

    Coldwell Banker Realty

    (602) 373-9116

    7 in this area

    77 Total Sales

    Rosemary DeLaurentis
    Section Image
  • Linda Boatwright

    Buyer's Agent in 2016

    Linda Boatwright

    SERHANT.

    (602) 615-3589

    7 in this area

    75 Total Sales

    Linda Boatwright
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6867471

Arizona Regional Multiple Listing Service (ARMLS)

APN: 162-03-096

Arizona Maricopa County Phoenix 85014 Camelback East Village

5622 N Palacio Way, Phoenix, AZ

This home is located at 5622 N Palacio Way, Phoenix, AZ 85014 and is currently priced at $500,000, approximately $328 per square foot. This property was built in 1973. 5622 N Palacio Way 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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