NOT LISTED FOR SALE

7140 W Palm Ln Phoenix, AZ 85035

Estimated Value: $319,000 - $356,000

3 Beds
2 Baths
1,460 Sq Ft
$228/Sq Ft Est. Value

Last Sold March 05, 2020

Last sale price $198,000 $136 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,932/month

7 Days on Market

Highlights

  • Private Yard
  • No HOA
  • Tile Flooring
  • Phoenix Coding Academy Rated A
  • Covered patio or porch
  • Central Air

About This Home

As of March 2020

Great location near I10 , shopping and schools, this 3 bedroom, 1.75 bathroom cozy clean home is freshly painted; has spacious eat in kitchen with stainless steel fridge and cooktop stove and built in microwave oven, nice tile back splash; tile flooring and plush carpet in bedrooms; big back yard makes this the perfect starter home for your buyer.

Last Agent to Sell the Property

Fabiola Aboyte

HomeSmart License #SA648127000 Listed on: 01/23/2020

HomeSmart

Co-Listed By

Elizabeth Bortolotti

HomeSmart License #SA647983000

Last Buyer's Agent

Lizeth Sandoval Rodriguez

Realty ONE Group License #SA646534000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $718

Year Built

  • Built in 1976

Lot Details

  • 6,116 Sq Ft Lot
  • Desert faces the back of the property
  • Block Wall Fence
  • Private Yard

Parking

  • 2 Open Parking Spaces

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,460 Sq Ft Home
  • 1-Story Property
  • Built-In Microwave
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Bathrooms

Outdoor Features

  • Covered patio or porch

Schools

  • Cartwright Elementary And Middle School
  • Trevor Browne High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by John F. Long
  • Maryvale Terrace 48 Subdivision

Listing and Financial Details

  • Tax Lot 566
  • Assessor Parcel Number 102-39-888

Home Details

Home Type

Single Family

Est. Annual Taxes

$718

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Cross Street: 75TH AVE & MCDOWELL
  • Legal Info Range: 1E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2016
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2016
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2016
  • Parking Spaces Slab Parking Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1976
  • Tax Year: 2019
  • Directions: From McDowell turn left on 72nd Ave., right on Palm Lane
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.14
  • Co List Office Mls Id: cril15
  • Co List Office Phone: 602-230-7600
  • Subdivision Name: MARYVALE TERRACE 48
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Cooling:Central Air: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: 3/4 Bath Master Bdrm
  • Living Area: 1460.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor
  • Kitchen Features:Built-in Microwave: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard
  • Lot Features: Natural Desert Back, Gravel/Stone Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Open Parking Spaces: 2.0

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

  • Amenities: Not Managed, 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

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Cartwright School
  • High School: Trevor Browne High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Cartwright School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6116.0
  • Parcel #: 102-39-888
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: John F. Long

Tax Info

  • Tax Annual Amount: 718.0
  • Tax Book Number: 102.00
  • Tax Lot: 566
  • Tax Map Number: 39.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2020
Closed on
Feb 26, 2020
Sold by
Hernandez Francisco and Hernandez Daisy S
Bought by
Hernandez Daisy S
Seller's Agent
Fabiola Aboyte
HomeSmart
Buyer's Agent
Lizeth Sandoval Rodriguez
Realty ONE Group
List Price
$195,000
Sold Price
$198,000
Premium/Discount to List
$3,000
1.54%
Total Days on Market
7
Current Estimated Value
$333,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,305
Avg. Annual Appreciation
10.37%
Original Mortgage
$188,100
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 20, 2016
Closed on
Nov 16, 2016
Sold by
Cantu Ana Gabriela Figueroa
Bought by
Sauceda Raul Caro
Seller's Agent
Kristopher Ontiveros
My Home Group Real Estate
Buyer's Agent
Kristopher Ontiveros
My Home Group Real Estate
List Price
$155,000
Sold Price
$147,000
Premium/Discount to List
-$8,000
-5.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.30%
Original Mortgage
$144,337
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 23, 2016
Sold by
Phase 1 Investments Llc
Bought by
Bp Industries Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
3.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 2015
Sold by
Hernandez Vienora
Bought by
Phase1 Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,250
Interest Rate
3.81%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 2, 2011
Sold by
Km Wholesale Investments Llc
Bought by
Hernandez Vienora

Purchase Details

Closed on
Nov 3, 2011
Sold by
Gutierrez Natividad
Bought by
Ez Homes Inc

Purchase Details

Closed on
Oct 28, 2011
Sold by
Ez Homes Inc
Bought by
Km Wholesale Investments Llc

Purchase Details

Closed on
May 12, 2005
Sold by
Lopez Ruben G and Lopez Rosa M
Bought by
Gutierrez Natividad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,800
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2004
Sold by
Aguirre Maribel
Bought by
Lopez Ruben G and Lopez Rosa M

Purchase Details

Closed on
May 17, 2002
Sold by
Rosemar Properties Llc
Bought by
Aguirre Maribel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,563
Interest Rate
6.89%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 24, 2001
Sold by
Wall Donald L and Wall Barbara A
Bought by
Lp Partners Llc
Source: Public Records

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Range of Values:

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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
Hernandez Daisy S -- Magnus Title Agency
Hernandez Daisy S $198,000 Magnus Title Agency Llc
Sauceda Raul Caro -- Empire West Title Agency
Sauceda Raul Caro $147,000 Empire West Title Agency
Bp Industries Llc $95,000 Empire West Title Agency
Phase1 Investments Llc $67,000 Great Amer Title Agency Inc
Hernandez Vienora -- None Available
Ez Homes Inc $29,000 None Available
Km Wholesale Investments Llc -- None Available
Gutierrez Natividad $131,000 Camelback Title Agency Llc
Lopez Ruben G -- --
Aguirre Maribel $94,400 Capital Title Agency Inc
Rosemar Properties Llc -- Capital Title Agency Inc
Lp Partners Llc $60,000 First Financial Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Daisy S $191,767
Closed Hernandez Daisy S $188,100
Closed Hernandez Daisy S $9,405
Previous Owner Sauceda Raul Caro $144,337
Previous Owner Bp Industries Llc $85,000
Previous Owner Bp Industries Llc $30,000
Previous Owner Phasel Investments Llc $50,250
Previous Owner Phase1 Investments Llc $50,250
Previous Owner Gutierrez Natividad $158,400
Previous Owner Gutierrez Natividad $104,800
Previous Owner Aguirre Maribel $93,563
Closed Gutierrez Natividad $26,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2020 03/05/20 Sold $198,000 +1.5% $136 / Sq Ft
01/30/2020 01/30/20 Pending -- -- --
01/23/2020 01/23/20 For Sale $195,000 +32.7% $134 / Sq Ft
10/31/2016 10/31/16 Sold $147,000 -0.6% $101 / Sq Ft
09/27/2016 09/27/16 Pending -- -- --
09/21/2016 09/21/16 Price Changed $147,900 -1.3% $101 / Sq Ft
08/22/2016 08/22/16 Price Changed $149,900 -0.1% $103 / Sq Ft
08/02/2016 08/02/16 Price Changed $150,000 -3.2% $103 / Sq Ft
07/19/2016 07/19/16 For Sale $155,000 -- $106 / 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 $811 $5,230 -- --
2024 $832 $4,981 -- --
2023 $832 $19,770 $3,950 $15,820
2022 $781 $14,830 $2,960 $11,870
2021 $797 $13,300 $2,660 $10,640
2020 $752 $12,130 $2,420 $9,710
2019 $718 $10,450 $2,090 $8,360
2018 $750 $9,730 $1,940 $7,790
2017 $716 $7,770 $1,550 $6,220
2016 $758 $6,650 $1,330 $5,320
2015 $630 $5,960 $1,190 $4,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6029033

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-39-888