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1470 South Palm Street

1470 South Palm Street, Gilbert, AZ 85296
Sold Nov 13, 2020
$370,000
$333,000 by United Wholesale Mortgage
Mortgage Due Dec 01, 2050
Sold Aug 28, 2006
$325,000
$243,750 by American Mortgage Network Inc
Mortgage Due Sep 01, 2036
Local assessors in Gilbert, AZ have categorized 1470 South Palm Street as a residential type of property. The home was built in 1996 and is 28 years old. The property's lot size has been calculated to be 7,135 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1470 South Palm Street has a total of 1,716 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a roof that is made of concrete. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on a refrigeration air conditioning system for their cooling system. The home's a heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1470 South Palm Street was last sold in Nov 9, 2020 for $370,000. According to our calculations, that's $215.62 per sqft. Prior to that sales transaction, the property was sold for $325,000 in Jul 26, 2006. Current property owners are expected to pay $2,103 in taxes per year. The property on 1470 South Palm Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $38,000. To break that down further, the land itself was valued at $7,600. While improvements to the property were assessed at a total of $30,400. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Stucco Exterior

Parking

Garage Parking
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,135
  • Total Building Area: 1,716
  • Gross Building Area: 1,716
  • Building Area: 1,716
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,716
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SETTLERS POINT SOUTH PHASE 2
  • Land Acres: 0.164
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SETTLERS POINT SOUTH PHASE 2 MCR 389-09

Ownership

  • Current Owner : RIEDEL JILL
  • Previous Owner : NATION MATTHEW
  • Owner Before Previous Owner: CIECHANOWSKI EUGENE M
  • Owner Before Previous Owner 2: CIECHANOWSKI INEZ M
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Gilbert Unified District
  • Census Tract: 814400

Zoning

  • Zoning: R-7

Geography

  • Assessors Map Reference: 38909
  • Subdivision Phase Number: 2
  • Parcel: 304-24-537
  • Lot: 154
  • Meridian: SEC 19 TWN 1S RNG 6E
  • Municipality: GILBERT
  • Latitude: 33.3233
  • Longitude: -111.786

    Address

  • Full Address: 1470 S Palm St
  • Address - House Number: 1470
  • Street Direction: S
  • Address - Street Name: Palm
  • Address - Suffix Type: St
  • State: AZ
  • City Name: Gilbert
  • Carrier Code: R052
  • 4-Digit Zip Code: 4075
  • Zip Code: 85296

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,103
  • Tax Rate Code Area: 410600

    Appraisal Valuation

  • Standard Deviation: 0.1422
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 83
  • Final Value: 528,276
  • High Value: 603,418
  • Low Value: 453,134

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $333,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Nov 13, 2020
  • First Open Lien Mortgage Loan Amount: $333,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2050

    Market Valuation

  • Market Total Value: $380,000
  • Market Land Value: $76,000
  • Market Improvement Value: $304,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $38,000
  • Assessed Land Value: $7,600
  • Assessed Improvements Value: $30,400

    Sales

  • Current Sale Contract Date: Nov 09, 2020
  • Current Sale Recording Date: Nov 13, 2020
  • Current Sale Transaction ID: 11799076461
  • Current Sale Price: $370,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20201109425
  • Previous Sale Recording Date: Aug 28, 2006
  • Previous Sale Contract Date: Jul 26, 2006
  • Previous Sale Amount: $325,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Nov 13, 2020
  • First Mortgage Loan Amount: $333,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN MORTGAGE NETWORK INC
  • Previous Mortgage Transaction Date: Aug 28, 2006
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $243,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Sep 01, 2036

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Frequently Asked Questions

What neighborhood is 1470 South Palm Street located in?
The 1470 South Palm Street is a located in the neighborhood of Settler's Point South in Settler's Point South, Gilbert.
What is the average sales price for listings in 1470 South Palm Street?
The average sales price for units in 1470 South Palm Street is $0 currently.

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