NOT LISTED FOR SALE

5639 W Palm Ln Phoenix, AZ 85035

Estimated Value: $324,415 - $358,000

4 Beds
2 Baths
1,271 Sq Ft
$265/Sq Ft Est. Value

Last Sold June 25, 2015

Last sale price $134,300 $106 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $1,907/month

8 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Wood Fence
  • Phoenix Coding Academy Rated A
  • Tile Flooring
  • 1-Story Property

About This Home

As of June 2015

This is a spectacular MOVE-IN ready home that has it all. The property features a fabulous kitchen with beautifully cabinets & rich granite counter tops. nice size bedrooms, beautiful new two tone paint, upgraded carpet & fabulous tile in all the right places along with ceiling fans and upgraded lighting throughout the home. In addition, this home has a wonderful backyard and a covered patio that's just waiting to be your own private oasis. Best Property in the area... COME SEE IT TODAY!

Last Agent to Sell the Property

Jeff Armor

Fathom Realty License #BR583792000 Listed on: 05/22/2015

Fathom Realty

Last Buyer's Agent

John Purdon

Arizona 1st Land & Home RE Co License #BR577777000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $525

Year Built

  • Built in 1970

Lot Details

  • 6,129 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence

Parking

  • 1 Carport Space

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,271 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Barry Goldwater High Elementary School
  • Bret R. Tarver Middle School
  • Maryvale High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Maryvale Terrace 40 Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 103-16-215

Home Details

Home Type

Single Family

Est. Annual Taxes

$525

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Cross Street: Mcdowell Rd and 59th Ave.
  • Legal Info Range: 2E
  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1970
  • Tax Year: 2013
  • Directions: North on 59th Ave to Palm ln East on Palm lane to property
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.14
  • Subdivision Name: MARYVALE TERRACE 40
  • Architectural Style: Other (See Remarks)
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, 3/4 Bath Master Bdrm
  • Living Area: 1271.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes

Exterior Features

  • Fencing: Block, Wood
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • 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

Schools

  • Elementary School: Barry Goldwater High School
  • High School: Maryvale High School
  • Middle Or Junior School: Bret R. Tarver

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6129.0
  • Parcel #: 103-16-215
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 525.0
  • Tax Book Number: 103.00
  • Tax Lot: 8
  • Tax Map Number: 16.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2020
Sold by
Seratos Guadalupe Olmedo
Bought by
Seratos Guadalupe Olmedo and Zaragoza Rodrigo Olmedo
Current Estimated Value
$337,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Outstanding Balance
$91,940
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$241,752

Purchase Details

Listed on
May 22, 2015
Closed on
Jun 22, 2015
Sold by
Olmedo Graciela and Seratos Guadalupe Olmedo
Bought by
Seratos Guadalupe Olmedo
Seller's Agent
Jeff Armor
Fathom Realty
Buyer's Agent
John Purdon
Arizona 1st Land & Home RE Co
List Price
$134,300
Sold Price
$134,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.37%
Original Mortgage
$131,866
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Listed on
May 22, 2015
Closed on
Jun 19, 2015
Sold by
3009 Investments Llc
Bought by
Seratos Guadalupe Olmedo and Olmedo Rodrigo
Seller's Agent
Jeff Armor
Fathom Realty
Buyer's Agent
John Purdon
Arizona 1st Land & Home RE Co
List Price
$134,300
Sold Price
$134,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,866
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 8, 2014
Closed on
Sep 22, 2014
Sold by
3009 Investments Llc
Bought by
3009 Investments Llc and Gordon Family Revocable Trust
Seller's Agent
Waldemar Estrada
Waldenwest Realty
Buyer's Agent
Jeff Armor
Fathom Realty
List Price
$90,000
Sold Price
$81,000
Premium/Discount to List
-$9,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
96.24%

Purchase Details

Listed on
Mar 18, 2013
Closed on
Jun 18, 2013
Sold by
Varela Saul A
Bought by
Topete Reyes
Seller's Agent
Waldemar Estrada
Waldenwest Realty
Buyer's Agent
Rodrigo Moreno
GPS AZ Real Estate
List Price
$69,000
Sold Price
$67,000
Premium/Discount to List
-$2,000
-2.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.25%
Original Mortgage
$46,900
Interest Rate
3.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2003
Sold by
Lane Betty J and Haehn Betty J
Bought by
Varela Saul A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,279
Interest Rate
5.13%
Mortgage Type
FHA
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
Seratos Guadalupe Olmedo -- Title365
Seratos Guadalupe Olmedo -- American Title Svc Agency Ll
Seratos Guadalupe Olmedo $134,300 American Title Svc Agency Ll
3009 Investments Llc -- Accommodation
3009 Investments Llc $81,000 American Title Svc Agency Ll
Topete Reyes $67,000 Title365 Agency
Varela Saul A $104,900 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seratos Guadalupe Olmedo $125,000
Closed Seratos Guadalupe Olmedo $131,866
Previous Owner Topete Reyes $46,900
Previous Owner Varela Saul A $103,279
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2015 06/25/15 Sold $134,300 0.0% $106 / Sq Ft
05/29/2015 05/29/15 Pending -- -- --
05/21/2015 05/21/15 For Sale $134,300 +65.8% $106 / Sq Ft
09/24/2014 09/24/14 Sold $81,000 -10.0% $64 / Sq Ft
09/18/2014 09/18/14 Pending -- -- --
07/29/2014 07/29/14 For Sale $90,000 +34.3% $71 / Sq Ft
06/20/2013 06/20/13 Sold $67,000 -2.9% $53 / Sq Ft
03/18/2013 03/18/13 Pending -- -- --
03/16/2013 03/16/13 For Sale $69,000 -- $54 / 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 $805 $5,193 -- --
2024 $826 $4,945 -- --
2023 $826 $21,610 $4,320 $17,290
2022 $775 $17,320 $3,460 $13,860
2021 $791 $14,480 $2,890 $11,590
2020 $747 $13,130 $2,620 $10,510
2019 $713 $11,250 $2,250 $9,000
2018 $745 $10,080 $2,010 $8,070
2017 $711 $8,150 $1,630 $6,520
2016 $679 $6,980 $1,390 $5,590
2015 $702 $5,910 $1,180 $4,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5283349

Arizona Regional Multiple Listing Service (ARMLS)

APN: 103-16-215