725 W Palm Ln Phoenix, AZ 85007
Encanto Neighborhood
3
Beds
2
Baths
2,323
Sq Ft
8,790
Sq Ft Lot
Highlights
- Heated Spa
- The property is located in a historic district
- Wood Flooring
- Phoenix Coding Academy Rated A
- Property is near public transit
- Spanish Architecture
About This Home
As of April 2022Beautiful 1937 Spanish ranch property located in the heart of Encanto/Palmcroft. This property has been meticulously remodeled from top to bottom with attention to every detail. All mechanical systems are newer and the windows have all been replaced with dual pane windows. The formal living room and dining room feature parque wood floors in perfect condition. This 3 bedroom 2 bath floorplan features a large family room and true master suite-both of which are difficult to find in historic properties of this size. The backyard is beautifully landscaped with a heated, integrated pool and spa.
Last Agent to Sell the Property
Russ Lyon Sotheby's International Realty License #SA536279000 Listed on: 03/04/2013
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,791
Year Built
- Built in 1937
Lot Details
- 8,790 Sq Ft Lot
- Block Wall Fence
- Sprinklers on Timer
- Grass Covered Lot
Parking
- 2 Car Garage
Home Design
- Spanish Architecture
- Wood Frame Construction
- Shake Roof
- Stucco
Interior Spaces
- 2,323 Sq Ft Home
- 1-Story Property
- Gas Fireplace
- Wood Flooring
- Security System Owned
- Washer and Dryer Hookup
Kitchen
- Eat-In Kitchen
- Built-In Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bathroom is a Full Bathroom
- 2 Bathrooms
Pool
- Heated Spa
- Heated Pool
Location
- Property is near public transit
- The property is located in a historic district
Schools
- Kenilworth Elementary School
- Central High School
Utilities
- Refrigerated Cooling System
- Heating System Uses Natural Gas
- Cable TV Available
Community Details
- No Home Owners Association
- Palmcroft Subdivision
Listing and Financial Details
- Tax Lot 43
- Assessor Parcel Number 111-09-044
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,695
Avg. Annual Appreciation
6.05%
Original Mortgage
$562,500
Outstanding Balance
$462,880
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$454,712
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
Similar Homes in Phoenix, AZ
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $562,500 | Stewart Title Arizona Agency | |
| Warranty Deed | $534,000 | Chicago Title Agency Inc | |
| Interfamily Deed Transfer | -- | None Available | |
| Special Warranty Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $180,400 | Nations Title Insurance |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $562,500 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $40,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $417,000 | New Conventional | |
| Previous Owner | $510,000 | Unknown | |
| Previous Owner | $135,000 | New Conventional |
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
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
-
Seller's Agent in 2022
Molly Scott
Realty One Group
(602) 571-9308
1 in this area
34 Total Sales
-
Buyer's Agent in 2022
Chad Christian Jr
Russ Lyon Sotheby's International Realty
(480) 287-5200
16 in this area
76 Total Sales
-
Buyer Co-Listing Agent in 2022
Joe Bushong
Russ Lyon Sotheby's International Realty
(480) 287-5200
16 in this area
219 Total Sales
-
Seller Co-Listing Agent in 2013
Grant Almquist
Russ Lyon Sotheby's International Realty
(602) 615-2799
104 Total Sales
-
Buyer's Agent in 2013
Kathryn Sanford
Realty One Group
33 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 4898994
APN: 111-09-044
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.
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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