NOT LISTED FOR SALE

8507 W Palm Ln Phoenix, AZ 85037

Estimated Value: $393,581 - $420,000

4 Beds
2 Baths
1,884 Sq Ft
$218/Sq Ft Est. Value

Last Sold July 19, 2021

Last sale price $360,000 $191 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,456/month

6 Days on Market

Highlights

  • RV Gated
  • Granite Countertops
  • Eat-In Kitchen
  • Vaulted Ceiling
  • No HOA
  • Dual Vanity Sinks in Primary Bathroom

About This Home

As of July 2021

LOCATION!!! close to 101 and I-10
Beautiful 4 bedroom house ample living room, dining room and breakfast nook, kitchen granite counter tops, a plethora of cabinets. ENJOY the well maintained yard and huge Gazebo.
Side entry door covered for an additional vehicle or RV. Thank you for showing

Last Listed By

Leticia Anchondo

American Freedom Realty License #SA637757000 Listed on: 06/03/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,579

Year Built

  • Built in 1998

Lot Details

  • 6,819 Sq Ft Lot
  • Block Wall Fence

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces
  • 1 Carport Space
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • RV Gated

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,884 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Patio
  • Outdoor Storage

Schools

  • Tolleson #206 Elementary School
  • Tolleson Union High Middle School
  • Tolleson Union High School

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 102-87-892

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Palm Ridge Unit 3 Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,579

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Cross Street: 83rd and Mcdowell St
  • Legal Info Range: 1E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2019
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2019
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1998
  • Tax Year: 2020
  • Directions: North on 83rd and McDowell St to Palm Ln than West to 8507 on south of Palm.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.16
  • Co List Office Mls Id: gntr01
  • Co List Office Phone: 480-750-9910
  • Subdivision Name: PALM RIDGE UNIT 3
  • Architectural Style: Ranch
  • 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: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Granite Counters
  • Living Area: 1884.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Storage
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: None, Seller Discl Avail
  • Construction Type: Synthetic Stucco, Wood Frame, Stucco
  • Other Structures: Gazebo
  • Patio And Porch Features: Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:GazeboRamada: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: RV Gate, Garage Door Opener, Side Vehicle Entry, RV Access/Parking
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 4.0
  • Parking Features:RV Gate: Yes
  • Parking Features:RV Parking: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • Amenities: None
  • 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: Tolleson #206
  • High School: Tolleson Union High School
  • Junior High Dist: Tolleson Union High School District
  • Middle Or Junior School: Tolleson Union High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6819.0
  • Parcel #: 102-87-892
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 1579.0
  • Tax Book Number: 102.00
  • Tax Lot: 8
  • Tax Map Number: 87.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2021
Closed on
Jul 16, 2021
Sold by
Cortes Gustavo and Cortes Maria
Bought by
Fkh Sfr Propco G Lp
Seller's Agent
Leticia Anchondo
American Freedom Realty
Buyer's Agent
Kerry Kretchmer
Mainstay Brokerage
List Price
$349,000
Sold Price
$360,000
Premium/Discount to List
$11,000
3.15%
Total Days on Market
6
Current Estimated Value
$409,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,895
Avg. Annual Appreciation
3.42%

Purchase Details

Listed on
Feb 17, 2013
Closed on
Apr 23, 2013
Sold by
Smith Kirk E and Smith Kirstn M
Bought by
Cortes Gustavo and Cortes Maia
Seller's Agent
Patty O'Keefe
Real Broker
Buyer's Agent
David Hanson
West USA Realty
List Price
$95,000
Sold Price
$116,000
Premium/Discount to List
$21,000
22.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.95%
Original Mortgage
$113,898
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 13, 1998
Sold by
Marlor Land Company Inc
Bought by
Smith Kirk E and Smith Kirsten M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,051
Interest Rate
6.98%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 15, 1997
Sold by
Amberlea Ltd Partnership
Bought by
Marlor Land Company Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,525
Interest Rate
7.45%
Mortgage Type
Construction

Range of Values:

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Average Value
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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
Fkh Sfr Propco G Lp $360,000 Os National Llc
Cortes Gustavo $116,000 First Arizona Title Agency
Smith Kirk E $102,900 Security Title Agency
Marlor Land Company Inc -- Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fkh Sfr Propco G Lp $616,114,000
Previous Owner Cortes Gustavo $114,300
Previous Owner Cortes Gustavo $113,898
Previous Owner Smith Kirk $50,000
Previous Owner Smith Kirk E $30,000
Previous Owner Smith Kirk E $100,000
Previous Owner Smith Kirk E $102,051
Previous Owner Marlor Land Company Inc $225,525
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2021 07/19/21 Sold $360,000 +3.2% $191 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $349,000 +200.9% $185 / Sq Ft
06/04/2013 06/04/13 Sold $116,000 +22.1% $69 / Sq Ft
02/21/2013 02/21/13 For Sale $95,000 -18.1% $57 / Sq Ft
02/19/2013 02/19/13 Off Market $116,000 -- --
02/17/2013 02/17/13 For Sale $95,000 -- $57 / 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 $1,945 $14,734 -- --
2024 $1,982 $14,032 -- --
2023 $1,982 $26,930 $5,380 $21,550
2022 $1,913 $20,500 $4,100 $16,400
2021 $1,624 $18,870 $3,770 $15,100
2020 $1,579 $17,080 $3,410 $13,670
2019 $1,579 $15,270 $3,050 $12,220
2018 $1,178 $14,030 $2,800 $11,230
2017 $1,064 $11,650 $2,330 $9,320
2016 $1,011 $11,010 $2,200 $8,810
2015 $965 $9,750 $1,950 $7,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6245036

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-87-892