NOT LISTED FOR SALE

870 S Palm Ln Unit 50 Chandler, AZ 85225

Downtown Chandler Neighborhood

Estimated Value: $314,366 - $334,000

3 Beds
2 Baths
1,116 Sq Ft
$291/Sq Ft Est. Value

Last Sold March 16, 2012

Last sale price $60,200 $54 Per Sq Ft

Est. 439% increase in value since last sale

Current estimated payment $1,866/month

10 Days on Market

Highlights

  • Private Yard
  • Community Pool
  • Patio
  • Bogle Junior High School Rated A
  • Eat-In Kitchen
  • High Speed Internet

About This Home

As of March 2012

Offers rec'd after 8 am 2/21/12 will be in back-up position. BANK-0WNED patio home in great location and in good condition (except roof is missing shingles). Just needs a dishwasher in large kitchen. Inside laundry room, 3 bedrooms, large private patio area with storage room. Sold AS-IS; Seller to do no repairs.

Last Agent to Sell the Property

Cindy Flowers

Keller Williams Integrity First License #BR006158000 Listed on: 02/17/2012

Keller Williams Integrity First

Last Buyer's Agent

Hunter Clark

Superlative Realty License #BR511761000

Superlative Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $458

Year Built

  • Built in 1986

Lot Details

  • 1,660 Sq Ft Lot
  • Private Yard
  • Grass Covered Lot

HOA Fees

  • $91 Monthly HOA Fees

Parking

  • 2 Open Parking Spaces

Home Design

  • Patio Home
  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,116 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Outdoor Features

  • Patio

Schools

  • San Marcos Elementary School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 50
  • Assessor Parcel Number 303-63-054

Community Details

Overview

  • Association fees include ground maintenance
  • Peterson Company Association, Phone Number (480) 513-6846
  • Built by Cardon Homes
  • Southridge Estates Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$458

Year Built

Built in 1986

Lot Details

0

HOA Fees

$91 per month

Listing Details

  • Cross Street: Arizona Avenue and Pecos
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Total Monthly Fee Equivalent: 91.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Year Built: 1986
  • Tax Year: 2011
  • Directions: West from Arizona Avenue on Pecos 1/4 mile, north on Palm to property at first left. This home sides to Palm Lane and is on the north side of the street at the first left entrance.
  • Property Sub Type: Patio Home
  • Horses: No
  • Lot Size Acres: 0.04
  • Subdivision Name: Southridge Estates
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 91.0
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 1116.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:None42: Yes

Exterior Features

  • Fencing: See Remarks, Other
  • Exterior Features: Patio, Private Yard
  • Lot Features: Grass Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Construction Type: Brick Veneer, Block
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool
  • Amenities: Management
  • Association Fee: 91.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Peterson Company
  • Association Fees:HOA Management Phone: 480-513-6846

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: San Marcos Elementary School
  • Junior High Dist: Chandler Unified District

Lot Info

  • Lot Size Sq Ft: 1660.0
  • Parcel #: 303-63-054
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Cardon Homes

Tax Info

  • Tax Annual Amount: 458.0
  • Tax Book Number: 303.00
  • Tax Lot: 50
  • Tax Map Number: 63.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2012
Closed on
Mar 9, 2012
Sold by
The Bank Of New York Mellon
Bought by
Bui Donah T and Dang Tiffany D
Seller's Agent
Cindy Flowers
Keller Williams Integrity First
Buyer's Agent
Hunter Clark
Superlative Realty
List Price
$52,500
Sold Price
$60,200
Premium/Discount to List
$7,700
14.67%
Current Estimated Value
$324,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,142
Avg. Annual Appreciation
13.22%

Purchase Details

Closed on
Dec 14, 2011
Sold by
Rascon Julio
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Jan 12, 2005
Sold by
Tineo Hilda
Bought by
Rascon Julio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
6.4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 29, 2004
Sold by
Rascon Alma
Bought by
Rascon Julio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
6.4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 15, 2004
Sold by
Villegas Carlos A
Bought by
Mora Adriana

Purchase Details

Closed on
Sep 26, 2003
Sold by
Villegas Adriana
Bought by
Tineo Hilda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,140
Interest Rate
6.17%
Mortgage Type
FHA

Purchase Details

Closed on
May 4, 2001
Sold by
Villegas Carlos Anibal
Bought by
Villegas Adriana

Purchase Details

Closed on
Apr 4, 1997
Sold by
Villegas Carlos Anibal
Bought by
Villegas Carlos Anibal and Villegas Adriana

Purchase Details

Closed on
Feb 21, 1997
Sold by
Buerckholtz Paul J
Bought by
Villegas Carlos Anibal

Purchase Details

Closed on
Feb 14, 1997
Sold by
Villegas Adriana
Bought by
Villegas Carlos Anibal
Source: Public Records

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
Bui Donah T $60,200 Lsi Title Agency
The Bank Of New York Mellon $34,800 None Available
Rascon Julio -- First American Title Ins Co
Rascon Julio -- First American Title Ins Co
Mora Adriana -- First Financial Title Agency
Tineo Hilda $97,000 Arizona Title Agency Inc
Villegas Adriana -- North American Title Agency
Villegas Carlos Anibal -- Transnation Title Insurance
Villegas Carlos Anibal $58,000 Transnation Title Ins Co
Villegas Carlos Anibal -- Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rascon Julio $102,000
Previous Owner Tineo Hilda $96,140
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2012 03/16/12 Sold $60,200 +14.7% $54 / Sq Ft
02/27/2012 02/27/12 Pending -- -- --
02/17/2012 02/17/12 For Sale $52,500 -- $47 / 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 $658 $7,149 -- --
2024 $645 $6,809 -- --
2023 $645 $21,230 $4,240 $16,990
2022 $625 $16,720 $3,340 $13,380
2021 $642 $15,760 $3,150 $12,610
2020 $639 $14,900 $2,980 $11,920
2019 $616 $11,820 $2,360 $9,460
2018 $599 $10,560 $2,110 $8,450
2017 $563 $9,080 $1,810 $7,270
2016 $543 $8,580 $1,710 $6,870
2015 $521 $6,020 $1,200 $4,820
Source: Public Records

Agents Affiliated with this Home

  • Cindy Flowers

    Seller's Agent in 2012

    Cindy Flowers

    Keller Williams Integrity First

    (602) 692-7205

    177 Total Sales

    Cindy Flowers
    Section Image
  • Hunter Clark

    Buyer's Agent in 2012

    Hunter Clark

    Superlative Realty

    (602) 625-3866

    36 Total Sales

    Hunter Clark
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4717569

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-63-054

Arizona Maricopa County Chandler 85225 Downtown Chandler

870 S Palm Ln Unit 50, Chandler, AZ

This home is located at 870 S Palm Ln Unit 50, Chandler, AZ 85225 since 17 February 2012 and is currently estimated at $324,342, approximately $290 per square foot. This property was built in 1986. 870 S Palm Ln Unit 50 is a home located in Maricopa County with nearby schools including San Marcos Elementary School, Bogle Junior High School, and Champion Schools Chandler.

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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