NOT LISTED FOR SALE

725 W Palm Ln Phoenix, AZ 85007

Encanto-Palmcroft Neighborhood

Estimated Value: $944,000 - $1,020,000

3 Beds
2 Baths
2,315 Sq Ft
$421/Sq Ft Est. Value

Last Sold April 28, 2022

Last sale price $925,000 $400 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,408/month

3 Days on Market

Highlights

  • Golf Course Community
  • Play Pool
  • Property is near public transit
  • Phoenix Coding Academy Rated A
  • The property is located in a historic district
  • Wood Flooring

About This Home

As of April 2022

Charming, beautifully maintained 3 bedroom/2 bath Historic home in Palmcroft Encanto. Over $100,000 has been spent in all new landscaping and sprinkler system, built-in BBQ, new pool pump/filter, new sewer lines, interior and exterior painting and stucco repair, all new appliances, professional closet and pantry organizers, and fabulous built-in book shelves in family room. The heated play pool and spa and paved back patio create a serene and private retreat. The front porch was enlarged and new paver walkway added to enjoy friendly neighbors and front yard living social life. This charming historic neighborhood harkens back to the stately elegance of Phoenix in its infancy. Close to the light rail, I-10, downtown and Sky Harbor. You won't want to miss this beauty!

Last Agent to Sell the Property

Molly Scott

Realty ONE Group License #SA531631000 Listed on: 02/22/2022

Last Buyer's Agent

Chad Christian Jr

Russ Lyon Sotheby's International Realty License #SA536279000

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,800

Year Built

  • Built in 1937

Lot Details

  • 8,790 Sq Ft Lot
  • Desert faces the back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Shake Roof
  • Stucco

Interior Spaces

  • 2,315 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Living Room with Fireplace
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Bathrooms

Accessible Home Design

  • Hard or Low Nap Flooring

Pool

  • Play Pool
  • Pool Pump
  • Heated Spa

Outdoor Features

  • Covered Patio or Porch
  • Built-In Barbecue
  • Playground

Location

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

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 43
  • Assessor Parcel Number 111-09-044

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Palmcroft Encanto Subdivision

Recreation

  • Golf Course Community
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,800

Year Built

Built in 1937

Lot Details

0

Parking

2

Listing Details

  • Cross Street: 7th Ave. and McDowell Rd.
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2017
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2017
  • Updated Pool: Partial
  • Items Updated Pool Yr Updated: 2019
  • Updated Wiring: Partial
  • Items Updated Wiring Yr Updated: 2017
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1937
  • Spa Private: Yes
  • Tax Year: 2021
  • Directions: North on 7th Ave. from McDowell. West on Palm Lane to property on left.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.2
  • Subdivision Name: PALMCROFT ENCANTO
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Spa Features: Heated, Private
  • Accessibility Features: Hard/Low Nap Floors
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Master Downstairs, Eat-in Kitchen, 3/4 Bath Master Bdrm
  • Living Area: 2315.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Community Features:Near Bus Stop: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Community Features:Historic District: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Golf: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Playground, Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Alley, Desert Back, Grass Front, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Play Pool, Variable Speed Pump, Heated, Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Shake
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Golf, Near Light Rail Stop, Near Bus Stop, Historic District, Playground
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • 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: 8790.0
  • Parcel #: 111-09-044

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 2800.0
  • Tax Book Number: 111.00
  • Tax Lot: 43
  • Tax Map Number: 9.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2016
Closed on
Mar 30, 2017
Sold by
Lim Alexandria
Bought by
Hero Rodney E and Hero Kathryn S
Seller's Agent
Chad Christian Jr
Russ Lyon Sotheby's International Realty
Buyer's Agent
Molly Scott
Realty ONE Group
List Price
$575,000
Sold Price
$562,500
Premium/Discount to List
-$12,500
-2.17%
Current Estimated Value
$973,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$411,171
Avg. Annual Appreciation
6.67%
Original Mortgage
$562,500
Outstanding Balance
$456,920
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$516,751

Purchase Details

Listed on
Mar 4, 2013
Closed on
Aug 15, 2013
Sold by
Rock Susan J
Bought by
Lim Alexandria
Seller's Agent
Chad Christian Jr
Russ Lyon Sotheby's International Realty
Buyer's Agent
Kathryn Sanford
Realty ONE Group
List Price
$549,500
Sold Price
$534,000
Premium/Discount to List
-$15,500
-2.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.44%
Original Mortgage
$417,000
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2007
Sold by
Rock Susan J
Bought by
Rock Susan J and Susan J Rock Trust

Purchase Details

Closed on
Nov 29, 2007
Sold by
Allen Jacqueline
Bought by
Rock Susan J and Susan J Rock Trust

Purchase Details

Closed on
May 1, 2001
Sold by
Rock Susan J
Bought by
Rock Susan J and Allen Jacqueline

Purchase Details

Closed on
Dec 10, 1998
Sold by
Fox Charlie
Bought by
Rock Susan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.86%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hero Rodney E $562,500 Stewart Title Arizona Agency
Lim Alexandria $534,000 Chicago Title Agency Inc
Rock Susan J -- None Available
Rock Susan J -- None Available
Rock Susan J -- --
Rock Susan J $180,400 Nations Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hero Rodney E $562,500
Previous Owner Lim Alexandria $417,000
Previous Owner Rock Susan J $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2022 04/28/22 Sold $925,000 0.0% $400 / Sq Ft
02/25/2022 02/25/22 Pending -- -- --
02/22/2022 02/22/22 For Sale $925,000 +64.4% $400 / Sq Ft
04/04/2017 04/04/17 Sold $562,500 -2.2% $243 / Sq Ft
02/02/2017 02/02/17 Pending -- -- --
10/14/2016 10/14/16 For Sale $575,000 +7.7% $248 / Sq Ft
08/19/2013 08/19/13 Sold $534,000 -2.8% $230 / Sq Ft
08/01/2013 08/01/13 For Sale $549,500 0.0% $237 / Sq Ft
08/01/2013 08/01/13 Price Changed $549,500 0.0% $237 / Sq Ft
07/12/2013 07/12/13 Pending -- -- --
07/02/2013 07/02/13 For Sale $549,500 +2.9% $237 / Sq Ft
07/01/2013 07/01/13 Off Market $534,000 -- --
06/04/2013 06/04/13 For Sale $549,500 +2.9% $237 / Sq Ft
06/01/2013 06/01/13 Off Market $534,000 -- --
05/01/2013 05/01/13 Price Changed $549,500 -4.4% $237 / Sq Ft
03/04/2013 03/04/13 For Sale $575,000 -- $248 / 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 $2,954 $22,087 -- --
2024 $2,925 $21,036 -- --
2023 $2,925 $30,625 $6,125 $24,500
2022 $2,821 $23,250 $4,650 $18,600
2021 $2,800 $23,815 $4,760 $19,055
2020 $2,832 $22,235 $4,445 $17,790
2019 $2,828 $20,980 $4,195 $16,785
2018 $2,779 $21,350 $4,270 $17,080
2017 $2,715 $20,875 $4,175 $16,700
2016 $2,637 $17,785 $3,555 $14,230
2015 $2,440 $17,825 $3,565 $14,260
Source: Public Records

Agents Affiliated with this Home

  • Molly Scott

    Seller's Agent in 2022

    Molly Scott

    Realty One Group

    (602) 571-9308

    1 in this area

    33 Total Sales

    Molly Scott
    Section Image
  • Chad Christian Jr

    Buyer's Agent in 2022

    Chad Christian Jr

    Russ Lyon Sotheby's International Realty

    (480) 287-5200

    15 in this area

    72 Total Sales

    Chad Christian Jr
    Section Image
  • Joe Bushong

    Buyer Co-Listing Agent in 2022

    Joe Bushong

    Russ Lyon Sotheby's International Realty

    (480) 287-5200

    15 in this area

    214 Total Sales

    Joe Bushong
    Section Image
  • Grant Almquist

    Seller Co-Listing Agent in 2013

    Grant Almquist

    Russ Lyon Sotheby's International Realty

    (602) 615-2799

    99 Total Sales

    Grant Almquist
    Section Image
  • Kathryn Sanford

    Buyer's Agent in 2013

    Kathryn Sanford

    Realty One Group

    32 Total Sales

    Kathryn Sanford
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6361173

Arizona Regional Multiple Listing Service (ARMLS)

APN: 111-09-044

Arizona Maricopa County Phoenix 85007 Encanto-Palmcroft

725 W Palm Ln, Phoenix, AZ

This home is located at 725 W Palm Ln, Phoenix, AZ 85007 since 22 February 2022 and is currently estimated at $973,671, approximately $420 per square foot. This property was built in 1937. 725 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

Nearby Homes