NOT LISTED FOR SALE

721 W Palm Ln Phoenix, AZ 85007

Encanto-Palmcroft Neighborhood

Estimated Value: $1,026,000 - $1,180,000

5 Beds
3 Baths
2,244 Sq Ft
$500/Sq Ft Est. Value

Last Sold June 01, 2017

Last sale price $590,000 $263 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $6,222/month

27 Days on Market

Highlights

  • The property is located in a historic district
  • Vaulted Ceiling
  • Main Floor Primary Bedroom
  • Phoenix Coding Academy Rated A
  • Wood Flooring
  • No HOA

About This Home

As of June 2017

This Palmcroft Tudor is located in arguably one of the most attractive neighborhoods of historic homes in central Phoenix. Constructed in 1930, and listed on the National Register of Historic Places, this 5 bedroom, 2.75 bath iconic home radiates charm. As with many upscale homes of the era, the large living room and formal dining room include high ceilings and inspire grand entertaining! Leaded glass windows, period architectural detailing, and original hardwood floors make this home a treasure to the vintage home aficionado. Updates include well-implemented period renovations on the two full baths and a completely updated chef’s kitchen, which is well designed and gorgeous! The attractive natural rear garden includes a beautiful sustainable pond with integral water feature.

Last Agent to Sell the Property

Donald Puddy

Elite Partners Listed on: 03/31/2017

Elite Partners

Last Buyer's Agent

Luis Solis

HomeSmart License #SA555988000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,909

Year Built

  • Built in 1930

Lot Details

  • 8,908 Sq Ft Lot
  • Desert faces the back of the property
  • Block Wall Fence
  • Chain Link Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 2 Open Parking Spaces

Home Design

  • Brick Exterior Construction
  • Shake Roof
  • Stucco

Interior Spaces

  • 2,244 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Wood Frame Window
  • Living Room with Fireplace
  • Unfinished Basement
  • Partial Basement
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Remodeled Bathroom
  • 3 Bathrooms

Schools

  • Kenilworth Elementary School
  • Phoenix Prep Academy Middle School
  • Central High School

Utilities

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

Additional Features

  • Patio
  • The property is located in a historic district

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Custom
  • Palmcroft 1 Thru 123 Subdivision

Listing and Financial Details

  • Tax Lot 44
  • Assessor Parcel Number 111-09-045

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,909

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Cross Street: 7the Avenue and McDowell Rd.
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Architect Architect: unknown
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: Y
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2016
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2008
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2008
  • Parking Spaces Slab Parking Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1930
  • Tax Year: 2016
  • Directions: Go north on 7the Ave. from the McDowell Rd. intersection to Palm Lane and turn left (West). The house is on the South side of the street, third house in from 7th Ave.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.2
  • Subdivision Name: PALMCROFT 1 THRU 123
  • Architectural Style: Other (See Remarks)
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Construction Brick: Yes
  • Special Features: None

Interior Features

  • Basement: Unfinished, Partial
  • Flooring: Carpet, Tile, Wood
  • Basement YN: Yes
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Master Downstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Drink Wtr Filter Sys, Vaulted Ceiling(s), High Speed Internet
  • Living Area: 2244.0
  • Stories: 2
  • Window Features: Dual Pane, Wood Frames
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Fireplace:Gas Fireplace: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Community Features:Historic District: Yes
  • Basement Description:Unfinished2: Yes
  • Basement Description:Partial: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Chain Link
  • Exterior Features: Other, Patio
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Alley, Desert Back, Grass Front, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Brick
  • Roof: Shake
  • Exterior Features:Patio: Yes
  • Exterior Features:Other6: Yes

Garage/Parking

  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: 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

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Kenilworth Elementary School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Phoenix Prep Academy

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8908.0
  • Parcel #: 111-09-045
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 2909.0
  • Tax Book Number: 111.00
  • Tax Lot: 44
  • Tax Map Number: 9.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2017
Closed on
Apr 28, 2017
Sold by
Carlile William H and Carlile Amy C
Bought by
Olson Susan E and Olson Kirk E
Seller's Agent
Donald Puddy
Elite Partners
Buyer's Agent
Luis Solis
HomeSmart
List Price
$590,000
Sold Price
$590,000
Current Estimated Value
$1,122,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$532,275
Avg. Annual Appreciation
8.00%
Original Mortgage
$556,752
Outstanding Balance
$461,989
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$660,286

Purchase Details

Closed on
Dec 15, 1999
Sold by
Carlile William H and Carlile Amy C
Bought by
Carlile William H and Carlile Amy C

Purchase Details

Closed on
Mar 6, 1997
Sold by
Sparks David W and Sparks June T
Bought by
Carlile William H and Carlile Amy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
7.81%
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 Buyer Sale Price Title Company
Olson Susan E $590,000 First American Title Insuran
Carlile William H -- --
Carlile William H $235,000 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Susan E $556,752
Previous Owner Carlile William H $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2017 06/01/17 Sold $590,000 0.0% $263 / Sq Ft
03/31/2017 03/31/17 For Sale $590,000 -- $263 / 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 $3,258 $24,364 -- --
2024 $3,227 $23,204 -- --
2023 $3,227 $37,125 $7,425 $29,700
2022 $3,112 $27,140 $5,425 $21,715
2021 $3,088 $26,585 $5,315 $21,270
2020 $3,124 $25,110 $5,020 $20,090
2019 $3,119 $23,275 $4,655 $18,620
2018 $3,066 $24,260 $4,850 $19,410
2017 $2,994 $22,840 $4,565 $18,275
2016 $2,909 $19,975 $3,995 $15,980
2015 $2,691 $20,600 $4,120 $16,480
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Donald Puddy

    Elite Partners

    Section Image
  • Luis Solis

    Buyer's Agent in 2017

    Luis Solis

    HomeSmart

    (602) 327-9319

    2 in this area

    93 Total Sales

    Luis Solis
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5596236

Arizona Regional Multiple Listing Service (ARMLS)

APN: 111-09-045

Arizona Maricopa County Phoenix 85007 Encanto-Palmcroft

721 W Palm Ln, Phoenix, AZ

This home is located at 721 W Palm Ln, Phoenix, AZ 85007 since 31 March 2017 and is currently estimated at $1,122,275, approximately $500 per square foot. This property was built in 1930. 721 W Palm Ln is a home located in Maricopa County with nearby schools including Kenilworth Elementary School, Phoenix Coding Academy, and Central High School.

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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