NOT LISTED FOR SALE

870 S Palm Ln Unit 54 Chandler, AZ 85225

Downtown Chandler Neighborhood

Estimated Value: $312,388 - $332,000

3 Beds
2 Baths
1,116 Sq Ft
$290/Sq Ft Est. Value

Last Sold June 13, 2016

Last sale price $145,000 $130 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $1,856/month

5 Days on Market

Highlights

  • The property is located in a historic district
  • Contemporary Architecture
  • Granite Countertops
  • Bogle Junior High School Rated A
  • Vaulted Ceiling
  • Private Yard

About This Home

As of June 2016

Cozy 3 Bed 2 Bath Great Starter Home with private yard. Light and Bright Recent Remodel includes new granite countertops/vanities/plumbing/carpet and paint throughout. New Microwave 2016/stove 2015/refrigerator 2014 and new roof 2014. Masterbath has new bowl sink with fountain faucet. Separate laundry room with washer, dryer hook ups and 2 pantries. There is a separate storage room attached to the rear of the home and a covered Pergola with a fountain & eatable orange tree in the rear yard. 2 covered carport spaces next to home. There is a nice community pool. The home is landscaped nicely in both the front & rear yard. Front yard is maintained by the HOA. Close to downtown, Historic Chandler and easy access to the 202 Freeway with numerous restaurants, entertainment and shopping nearby.

Last Agent to Sell the Property

Diana Rice

Serene Living AZ License #SA552562000 Listed on: 05/07/2016

Last Buyer's Agent

Sharlene Pantic

HomeSmart License #SA632485000

HomeSmart

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $521

Year Built

  • Built in 1986

Lot Details

  • 1,638 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

HOA Fees

  • $92 Monthly HOA Fees

Parking

  • 2 Carport Spaces

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Block Exterior
  • Siding

Interior Spaces

  • 1,116 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Low Emissivity Windows
  • Solar Screens

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Location

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

Schools

  • San Marcos Elementary School
  • Willis Junior High School
  • Chandler High School

Utilities

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

Additional Features

  • No Interior Steps
  • Gazebo

Listing and Financial Details

  • Tax Lot 54
  • Assessor Parcel Number 303-63-058

Community Details

Overview

  • Association fees include ground maintenance, front yard maint, trash
  • Peterson Company Association, Phone Number (480) 513-6846
  • Southridge Estates Subdivision
  • FHA/VA Approved Complex

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$521

Year Built

Built in 1986

Lot Details

0

HOA Fees

$92 per month

Listing Details

  • Cross Street: Arizona Ave. & Pecos
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 92.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2016
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2016
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2016
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2016
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2014
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1986
  • Tax Year: 2015
  • Directions: West on Pecos from Arizona Ave. to Palm Lane. North on Palm Lane to second entrance left to #54 second unit on the north side.
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.04
  • Subdivision Name: SOUTHRIDGE ESTATES
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 92.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Windows:Low-E: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, No Interior Steps, Vaulted Ceiling(s), Pantry, Full Bth Master Bdrm, High Speed Internet, Granite Counters
  • Living Area: 1116.0
  • Stories: 1
  • Window Features: Sunscreen(s), Low-E
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Historic District: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wood
  • Exterior Features: Gazebo/Ramada, Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Gravel/Stone Back, Grass Front, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: No Common Walls
  • Construction Type: Painted, Siding, Block
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:GazeboRamada: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Separate Strge Area
  • Attached Garage: No
  • Carport Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Separate Strge Area: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool, Near Bus Stop, Historic District
  • Amenities: FHA Approved Prjct, Management, Rental OK (See Rmks), VA Approved Prjct
  • Association Fee: 92.0
  • Association Fee Frequency: Monthly
  • Association Name: Southridge HOA
  • Phone: 480-513-6846
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Southridge HOA
  • Association Fees:HOA Telephone4: 480-513-6846
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Peterson Company
  • Association Fees:HOA Management Phone: 480-513-6846
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Front Yard Maint, Trash

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1638.0
  • Parcel #: 303-63-058
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 521.0
  • Tax Book Number: 303.00
  • Tax Lot: 54
  • Tax Map Number: 63.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2016
Closed on
Jun 9, 2016
Sold by
Montgomery Jacob and Montgomery Jamie
Bought by
Montgomery Jamie
Seller's Agent
Diana Rice
Serene Living AZ
Buyer's Agent
Sharlene Pantic
HomeSmart
List Price
$149,500
Sold Price
$145,000
Premium/Discount to List
-$4,500
-3.01%
Current Estimated Value
$324,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,097
Avg. Annual Appreciation
9.02%
Original Mortgage
$142,373
Outstanding Balance
$113,644
Interest Rate
3.66%
Mortgage Type
FHA
Estimated Equity
$210,453

Purchase Details

Listed on
May 7, 2016
Closed on
Jun 8, 2016
Sold by
Rice Richard B and Rice Diana G
Bought by
Montgomery Jamie
Seller's Agent
Diana Rice
Serene Living AZ
Buyer's Agent
Sharlene Pantic
HomeSmart
List Price
$149,500
Sold Price
$145,000
Premium/Discount to List
-$4,500
-3.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,373
Outstanding Balance
$113,644
Interest Rate
3.66%
Mortgage Type
FHA
Estimated Equity
$210,453

Purchase Details

Listed on
May 7, 2016
Closed on
May 13, 2016
Sold by
870 S Palm 54 Llc
Bought by
Rice Richard B and Rice Diana G
Seller's Agent
Diana Rice
Serene Living AZ
Buyer's Agent
Sharlene Pantic
HomeSmart
List Price
$149,500
Sold Price
$145,000
Premium/Discount to List
-$4,500
-3.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,373
Outstanding Balance
$113,644
Interest Rate
3.66%
Mortgage Type
FHA
Estimated Equity
$210,453

Purchase Details

Closed on
Sep 23, 2015
Sold by
Rice Richard B and Rice Diana G
Bought by
870 5 Palm 54 Llc

Purchase Details

Closed on
Nov 3, 2008
Sold by
Us Bank National Association
Bought by
Rice Richard B and Rice Diana G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,520
Interest Rate
6.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2008
Sold by
Moreno Gildardo
Bought by
Us Bank Na

Purchase Details

Closed on
Nov 25, 2002
Sold by
Yanez Esperanza
Bought by
Moreno Gildardo

Purchase Details

Closed on
Oct 15, 2002
Sold by
Hoogendoorn Michelle
Bought by
Moreno Gildardo

Purchase Details

Closed on
Sep 24, 2002
Sold by
Ontiveros Damian
Bought by
Capital Realty Services Llc

Purchase Details

Closed on
Jan 27, 1998
Sold by
Martinez Doris M and Munoz Doris M
Bought by
Ontiveros Damian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,928
Interest Rate
6.98%
Mortgage Type
FHA
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
Montgomery Jamie -- Greystone Title Agency Llc
Montgomery Jamie $145,000 Greystone Title Agency Llc
Rice Richard B -- Greystone Title Agency Llc
870 5 Palm 54 Llc -- Accommodation
Rice Richard B $76,900 Guaranty Title Agency
Us Bank Na $121,365 None Available
Moreno Gildardo -- First American Title Ins Co
Hoogendoom Michelle $82,500 First American Title Ins Co
Moreno Gildardo $96,900 First American Title Ins Co
Capital Realty Services Llc $79,050 --
Ontiveros Damian $65,000 North American Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montgomery Jamie $142,373
Previous Owner Rice Richard B $61,520
Previous Owner Ontiveros Damian $64,928
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2016 06/13/16 Sold $145,000 -3.0% $130 / Sq Ft
05/12/2016 05/12/16 Pending -- -- --
05/07/2016 05/07/16 For Sale $149,500 -- $134 / 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 $549 $7,149 -- --
2024 $538 $6,809 -- --
2023 $538 $21,230 $4,240 $16,990
2022 $519 $16,720 $3,340 $13,380
2021 $544 $15,760 $3,150 $12,610
2020 $542 $14,900 $2,980 $11,920
2019 $521 $11,820 $2,360 $9,460
2018 $504 $10,560 $2,110 $8,450
2017 $470 $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

  • D

    Seller's Agent in 2016

    Diana Rice

    Serene Living AZ

  • Sharlene Pantic

    Buyer's Agent in 2016

    Sharlene Pantic

    HomeSmart

    (480) 395-9207

    33 Total Sales

    Sharlene Pantic
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5439794

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-63-058

Arizona Maricopa County Chandler 85225 Downtown Chandler

870 S Palm Ln Unit 54, Chandler, AZ

This home is located at 870 S Palm Ln Unit 54, Chandler, AZ 85225 since 07 May 2016 and is currently estimated at $324,097, approximately $290 per square foot. This property was built in 1986. 870 S Palm Ln Unit 54 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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