$585,000
SOLD APR 19, 2016

713 W Palm Ln Phoenix, AZ 85007

4 Beds
2 Baths
2,359 Sq Ft
8,433 Sq Ft Lot

Recently Sold

$248 Per Sq Ft

1% Below List Price

2 Days on Market

Highlights

  • Private Pool
  • The property is located in a historic district
  • Property is near public transit
  • Phoenix Coding Academy Rated A
  • City Lights View
  • Wood Flooring

About This Home

As of May 2017

This Encanto - Palmcroft 1936 Tudor Revival is a testament to elegant living. As you enter the grand foyer of this home, you will immediately notice the magnificent fireplace mantel, walnut floors, high ceilings and a beautiful picture window. A pocket door opens into the formal dining room. There is an updated kitchen, comfortable family room with lots of windows plus a 250 sq.ft. finished basement. Backyard is an entertainers delight w/ brick covered patio, a pergola and sparkling pool . A detached 2 car garage & lush landscaping. Come enjoy what a downtown lifestyle has to offer, see this one for yourself, these types of properties seldom come on the market. Walk score 68, floorplan in documents tab.

Last Agent to Sell the Property

Mario Romero

The Melcher Agency License #BR022807000 Listed on: 03/04/2016

Last Buyer's Agent

Dawn Johnson

Locality Real Estate License #BR576183000

Locality Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,870

Year Built

  • Built in 1936

Lot Details

  • 8,433 Sq Ft Lot
  • Block Wall Fence
  • Grass Covered Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,359 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • City Lights Views
  • Laundry in unit
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Bathrooms

Outdoor Features

  • Private Pool
  • Covered patio or porch
  • Gazebo

Location

  • Property is near public transit
  • Property is near a bus stop
  • The property is located in a historic district

Schools

  • Kenilworth Elementary School
  • Central High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Palmcroft Subdivision

Listing and Financial Details

  • Tax Lot 46
  • Assessor Parcel Number 111-09-047

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,870

Year Built

Built in 1936

Lot Details

0

Parking

2

Listing Details

  • Cross Street: 7th Avenue and McDowell Road
  • Legal Info Range: 3E
  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: Y
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1936
  • Tax Year: 2015
  • Directions: north on 7th Avenue to Palm Lane; west to property.
  • Master Model: unknown
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.19
  • Subdivision Name: PALMCROFT
  • Architectural Style: Other (See Remarks)
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Appraiser
  • Construction Brick: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Finished
  • Flooring: Carpet, Wood
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Master Downstairs, Walk-In Closet(s), Eat-in Kitchen, High Speed Internet
  • Living Area: 2359.0
  • Stories: 2
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Appraiser
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Kitchen Features:Disposal2: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Community Features:Near Bus Stop: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Community Features:Historic District: Yes
  • Community Features:Near Light Rail Stop: Yes
  • Basement Description:Finished2: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Gazebo/Ramada, Patio
  • Lot Features: Alley, Gravel/Stone Back, Grass Front
  • Pool Features: Private
  • View: City Lights
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Brick
  • Roof: Composition
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:GazeboRamada: Yes

Garage/Parking

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

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric, Natural Gas
  • Laundry Features: Inside
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Light Rail Stop, Near Bus Stop, Historic District
  • 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: Kenilworth Elementary School
  • High School: Central High School
  • Middle Or Junior School: Kenilworth Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8433.0
  • Parcel #: 111-09-047
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 2870.0
  • Tax Book Number: 111.00
  • Tax Lot: 46
  • Tax Map Number: 9.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2017
Closed on
Apr 28, 2017
Sold by
Sanders James Gregory
Bought by
Maciejewski Ross and Whisner Corrie Marie
Seller's Agent
Dawn Johnson
Locality Real Estate
Buyer's Agent
Terry Prowant
Realty ONE Group
List Price
$649,000
Sold Price
$635,000
Premium/Discount to List
-$14,000
-2.16%
Total Days on Market
2
Current Estimated Value
$1,032,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,176
Avg. Annual Appreciation
6.16%
Original Mortgage
$424,100
Outstanding Balance
$357,239
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$674,937

Purchase Details

Listed on
Mar 4, 2016
Closed on
Apr 12, 2016
Sold by
Mudd John G and Mudd Tara Leigh
Bought by
Sanders James Gregory
Seller's Agent
Mario Romero
The Melcher Agency
Buyer's Agent
Dawn Johnson
Locality Real Estate
List Price
$589,888
Sold Price
$585,000
Premium/Discount to List
-$4,888
-0.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.21%
Original Mortgage
$468,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2010
Sold by
Spencer Gene
Bought by
Mudd John G and Ferguson Tara Leigh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.91%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 5, 2005
Sold by
Spencer Shirley
Bought by
Spencer Gene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 2005
Sold by
Munro George and Munro Christine P
Bought by
Spencer Gene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
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 $635,000 Equity Title Agency Inc
Warranty Deed $585,000 Empire West Title Agency
Warranty Deed $375,000 Chicago Title
Interfamily Deed Transfer -- Guaranty Title Agency
Warranty Deed $625,000 Guaranty Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $242,999 New Conventional
Open $424,100 New Conventional
Closed $424,100 New Conventional
Closed $147,300 Credit Line Revolving
Previous Owner $468,000 New Conventional
Previous Owner $300,000 New Conventional
Previous Owner $300,000 FHA
Previous Owner $500,000 Purchase Money Mortgage
Previous Owner $185,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2017 05/02/17 Sold $635,000 -2.2% $269 / Sq Ft
04/02/2017 04/02/17 Pending -- -- --
03/12/2017 03/12/17 For Sale $649,000 +10.9% $275 / Sq Ft
04/19/2016 04/19/16 Sold $585,000 -0.8% $248 / Sq Ft
03/06/2016 03/06/16 Pending -- -- --
03/04/2016 03/04/16 For Sale $589,888 -- $250 / 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 $3,046 $22,774 -- --
2024 $3,016 $21,690 -- --
2023 $3,016 $36,590 $7,315 $29,275
2022 $2,909 $28,315 $5,660 $22,655
2021 $2,887 $28,585 $5,715 $22,870
2020 $2,920 $26,665 $5,330 $21,335
2019 $2,915 $24,550 $4,910 $19,640
2018 $2,866 $25,480 $5,095 $20,385
2017 $2,799 $24,085 $4,815 $19,270
2016 $3,102 $21,590 $4,315 $17,275
2015 $2,870 $22,485 $4,495 $17,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5408425

Arizona Regional Multiple Listing Service (ARMLS)

APN: 111-09-047