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701 West Palm Lane

701 West Palm Lane, Phoenix, AZ 85007
House in Palmcroft
Sold Sep 25, 2018
$460,000
$419,500 by V I P Mortgage Inc
Mortgage Due Jun 01, 2050
Sold May 19, 2017
$349,000
$338,530 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2047
Local assessors in Phoenix, AZ have categorized 701 West Palm Lane as a residential type of property. The home was built in 1971 and is 53 years old. The property's lot size has been calculated to be 10,616 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 2 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 701 West Palm Lane has a total of 1,944 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 is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. 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 concrete block 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 asphalt. Lots of block 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. The property was last sold in Sep 13, 2018 for $460,000. That's $236.63 per sqft. Prior to that sales transaction, the property was also sold in May 11, 2017 for $349,000. 701 West Palm Lane was last assessed in 2023. The total value of the property was assessed at $70,670. Specifically, the land the property is located on was valued at $14,130. While improvements on the property were assessed at a total of $56,540. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $4,469. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Concrete block
  • Exterior Walls Type: Block
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,616
  • Total Building Area: 1,944
  • Gross Building Area: 1,944
  • Building Area: 1,944
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,944
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PALMCROFT
  • Land Acres: 0.244
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PALMCROFT MCR 16/45

Ownership

  • Current Owner : BARTON WYLAND D
  • Current Owner 2: BARTON KURTIS W
  • Previous Owner : CARMONY STEDMAN
  • Previous Owner 2: WALTON DAVID
  • Owner Before Previous Owner: CHENAL CARMEN A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Phoenix Elementary District
  • Census Tract: 111900

Zoning

  • Zoning: M-H

Geography

  • Assessors Map Reference: 1645
  • Parcel: 111-09-048
  • Lot: 47
  • Meridian: SEC 31 TWN 2N RNG 3E
  • Municipality: PHOENIX
  • Latitude: 33.4692
  • Longitude: -112.083

    Address

  • Full Address: 701 W Palm Ln
  • Address - House Number: 701
  • Street Direction: W
  • Address - Street Name: Palm
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C039
  • 4-Digit Zip Code: 1532
  • Zip Code: 85007

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,469
  • Tax Rate Code Area: 011300

    Appraisal Valuation

  • Standard Deviation: 0.1512
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 81
  • Final Value: 914,745
  • High Value: 1,053,132
  • Low Value: 776,359

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $419,500
  • First Open Lien Mortgage Lender: V I P MORTGAGE INC
  • First Open Lien Mortgage Recording Date: May 26, 2020
  • First Open Lien Mortgage Loan Amount: $419,500
  • 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: $706,700
  • Market Land Value: $141,300
  • Market Improvement Value: $565,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $70,670
  • Assessed Land Value: $14,130
  • Assessed Improvements Value: $56,540

    Sales

  • Current Sale Contract Date: Sep 13, 2018
  • Current Sale Recording Date: Sep 25, 2018
  • Current Sale Transaction ID: 11508637399
  • Current Sale Price: $460,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20180719127
  • Previous Sale Recording Date: May 19, 2017
  • Previous Sale Contract Date: May 11, 2017
  • Previous Sale Amount: $349,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: V I P MORTGAGE INC
  • First Mortgage Transaction Date: Sep 25, 2018
  • First Mortgage Loan Amount: $414,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: May 19, 2017
  • Previous Mortgage Loan Amount: $338,530
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2047

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Nearby Rentals

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$1,995 /mo

  • 2 Beds
  • 2 Baths
  • 920 ft²
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$2,050 /mo

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  • 1 Bath
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$2,000 /mo

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$1,995 /mo

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Frequently Asked Questions

What neighborhood is 701 West Palm Lane located in?
The 701 West Palm Lane is a house located in the neighborhood of Palmcroft in Encanto, Phoenix.
What is the average sales price for listings in 701 West Palm Lane?
The average sales price for units in 701 West Palm Lane is $0 currently.

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