When was property at 1615 West Palm Lane built and last sold?

The property at 1615 West Palm Lane was built in 1951 and last sold on May 6, 2020 for $350,000.

How much is this home worth?

The estimated value of the home located at 1615 West Palm Lane is $364,760.

What are some comparable homes to 1615 West Palm Lane?

There are currently no comparable homes to 1615 West Palm Lane.

Phoenix

85007

Fairview Place

1615 W PALM Lane

1 / 26

Map

$552,064*

● House - Off Market

1615 W PALM Lane

Phoenix, AZ 85007

3 Beds

2 Baths

1238 Sqft

$324,000 - $394,000

Reference Base Price*

53.78%

Since Jun 1, 2020

AZ-Phoenix

Primary Model

Sold May 13, 2020

$350,000

Bachofer Tara M Bachofer Ryan J

Buyer

Venture Opportunities Llc

Seller

$350,000 by Johnson Bank

Mortgage Due Jun 01, 2050

Sold Jan 08, 2020

$242,500

Venture Opportunities Llc

Buyer

I M In Mud Llc

Seller

$218,250 by Sell Wholesale Funding Llc

Mortgage

About This Property

Remodeled in Historic Phoenix. This great little home is just being completed and is a real gem. New Kitchen, 2 New Bathrooms, Newer windows, all new lighting and plumbing fixtures, loads of storage, inside laundry, front and rear yards are a great size and exude potential.

The manager has listed the unit size as 1238 square feet.

Unit Size

1,238Ft²

Days on Market

Land Size

0.16 acres

Price per sqft

$290

Property Type

House

Property Taxes

$2,515

HOA Dues

Year Built

1951

Price History

Date / Event	Date	Event
May 16, 2020	No longer available	-
No longer available
May 13, 2020	Sold to Ryan J Bachofer, Tara M Bac...	$350,000
Sold to Ryan J Bachofer, Tara M Bac...
Mar 22, 2020	Listed	$359,000
Listed
Dec 26, 2019	No longer available	-
No longer available
Oct 20, 2019	Price Decreased	$269,900 ↓ $2K (0.8%)
Price Decreased
Sep 29, 2019	Price Decreased	$272,000 ↓ $8K (2.8%)
Price Decreased
Aug 25, 2019	Price Decreased	$279,900 ↓ $8K (2.8%)
Price Decreased
Aug 4, 2019	Price Decreased	$287,900 ↓ $7K (2.4%)
Price Decreased
Jul 14, 2019	Listed	$295,000
Listed

Property Highlights

Building Info

Overview

General

Year Built: 1951

Building Count: 1
Total Rooms: 6
Bedroom Count: 0
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Bathroom Plumbing Fixtures: 7
Building Condition: Average
Building Quality: C
Exterior Walls Type: Block
Roof Cover Type: Asphalt
Floor Count: 1
Living Units: 1
Basement Area: 0
Garage Type: Carport
Parking Space Count: 1

Dimensions

Lot Size Square Feet: 7,013

Total Building Area: 1,238
Gross Building Area: 1,238
Building Area: 1,238
Building Area Measurement: Living Area

Heating and Cooling

Air Conditioning: Refrigeration air conditioning

Heating: Yes
Heated Square Feet: 1,238
Heating Fuel Type: unknown

Utilities

Sewer System: unknown

Water Service: unknown

Building

Property Class: Residential

Subdivision: FAIRVIEW PLACE BLKS 1-4 FOR LOT 2 SEE 11
Land Acres: 0.161
Standard Land Use Code: Single family residential
Legal Description 1: FAIRVIEW PLACE BLKS 1-4 FOR LOT 2 SEE 118-49 MCR 8-10

Ownership

Current Owner : BACHOFER TARA M

Current Owner 2: BACHOFER RYAN J
Previous Owner : VENTURE OPPORTUNITIES LLC
Owner Before Previous Owner: I M IN MUD LLC
Is Owner Occupied: Owner-occupied property
Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

School District Name: Phoenix Elementary District

Census Tract: 111900

Zoning

Zoning: R-6

Geography

Assessors Map Reference: 810

Parcel: 111-07-027
Block: 1-4
Lot: 2
Municipality: PHOENIX
Latitude: 33.4694
Longitude: -112.095

Address

Full Address: 1615 W Palm Ln

Address - House Number: 1615
Street Direction: W
Address - Street Name: Palm
Address - Suffix Type: Ln
State: AZ
City Name: Phoenix
Carrier Code: C010
4-Digit Zip Code: 1405
Zip Code: 85007

Valuation

Tax

Tax Year: 2023

Tax Amount: $2,307
Tax Rate Code Area: 011300

Appraisal Valuation

Standard Deviation: 0.1912

Valuation Date: Mar 20, 2024
Confidence Score: 74
Final Value: 516,959
High Value: 615,804
Low Value: 418,114

Open Liens

Total Open Liens: 1

Total Open Liens Amount: $350,000
First Open Lien Mortgage Lender: JOHNSON BANK
First Open Lien Mortgage Recording Date: May 13, 2020
First Open Lien Mortgage Financing Type: Adjustable Rate
First Open Lien Mortgage Loan Amount: $350,000
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: Jun 01, 2050

Market Valuation

Market Total Value: $376,100

Market Land Value: $75,200
Market Improvement Value: $300,900

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $37,610
Assessed Land Value: $7,520
Assessed Improvements Value: $30,090

Sales

Current Sale Contract Date: May 06, 2020

Current Sale Recording Date: May 13, 2020
Current Sale Transaction ID: 11760047840
Current Sale Price: $350,000
Current Sale Document Type: Warranty Deed
Current Sale Input Document Number: 20200409099
Previous Sale Recording Date: Jan 08, 2020
Previous Sale Contract Date: Jan 07, 2020
Previous Sale Amount: $242,500
Previous Sale Document Type: Special Warranty Deed

Last Sale Mortgage

First Mortgage Lender: JOHNSON BANK

First Mortgage Transaction Date: May 13, 2020
First Mortgage Loan Amount: $350,000
First Mortgage Terms: 360
First Mortgage Loan Type: New Conventional
First Mortgage Loan Due Date: Jun 01, 2050

Financing

First Mortgage Financing Type: Adjustable Rate

Previous Mortgages

Previous Mortgage Lender: SELL WHOLESALE FUNDING LLC

Previous Mortgage Transaction Date: Jan 08, 2020
Previous Mortgage Loan Amount: $218,250
Previous Mortgage Term: 360
Previous Mortgage Loan Type: Commercial

Redact Ownership Info

Comparables

433 North Central Avenue

Sold

Other

Loft

3 Baths

$327,000 Aug 22, 1997

$327,000 Dec 5, 1997

$325/mo

535 West Thomas Road #209

Active

Other

Loft

2 Baths

1,141 ft²

$332/ft²

$379,000 Feb 26, 2024

$704/mo

535 West Thomas Road #208

Active

Other

Loft

2 Baths

1,356 ft²

$295/ft²

$400,000 Feb 16, 2024

$800/mo

2413 North 21st Avenue

Active

Other

Loft

2 Baths

1,126 ft²

$349/ft²

$393,500 Jan 24, 2024

$138/mo

2205 West Cambridge Avenue

Active

Other

Loft

1 Bath

950 ft²

$421/ft²

$399,500 Mar 6, 2024

$81/mo

1545 West Pierce Street

Active

Other

Loft

2 Baths

1,596 ft²

$269/ft²

$429,900 Apr 9, 2024

$71/mo

1521 West McKinley Street #1819

Active

Land

Loft

$379,900 Apr 1, 2024

$119/mo

About Encanto

Stats & Trends

Median Asking:

$490,000

Sale Price/ft²

$345

Below Asking

0.01%

Average Days on Market

Average Home Size

1259 ft²

Average Home Age

30 years

Currently For Sale

4 Listings

Similar Homes for Sale

Unit for sale at 1521 West McKinley Street, Phoenix, AZ 85007

$379,900

Land

1521 West McKinley Street #1819, Phoenix, AZ 85007 Listing by David Mendel

Unit for sale at 1545 West Pierce Street, Phoenix, AZ 85007

$429,900

Loft
2 Baths
1,596 ft²

1545 West Pierce Street, Phoenix, AZ 85007 Listing by Laura Hernandez

Unit for sale at 2205 West Cambridge Avenue, Phoenix, AZ 85009

$399,500

Loft
1 Bath
950 ft²

2205 West Cambridge Avenue, Phoenix, AZ 85009 Listing by Blanca Araiza

Similar Properties

Click here to see other properties in this area.

Nearby Rentals

Unit for rent at 1006 W Adams Street, Phoenix, AZ, 85007

$4,150 /mo

Studio
3,906 ft²

1006 W Adams Street, Phoenix, AZ, 85007 Listing by Randy Erwin

Unit for rent at 1 E Lexington Avenue, Phoenix, AZ, 85012

$2,200 /mo

1 Bed
1 Bath
1,024 ft²

1 E Lexington Avenue #208, Phoenix, AZ, 85012 Listing by Gregory Yurkovic

Unit for rent at 1342 W Monroe Street, Phoenix, AZ, 85007

$1,275 /mo

1 Bed
1 Bath
650 ft²

1342 W Monroe Street #C, Phoenix, AZ, 85007 Listing by Amber Black

Rentals Near You

Click here to view more rentals in the neighborhood.

1615 W PALM Lane

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Ownership

Neighborhood

Zoning

Geography

Valuation

Comparables

About Encanto

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions