Comparable Market Analysis
865 W Palm Ln
Willo · Phoenix, AZ 85025
Lotline
Prepared by Lotline
Tax year of record 2025 · Report ID P-009
Demo data — every figure in this report is synthetic and generated for demonstration. It is not a real listing, appraisal, MLS record, or parcel. Connect a live data source (MLS, PropertyRadar, ATTOM, RentCast) to produce a report from real records.
Subject property
List / est. value
$325,000
Est. price/sqft
$243/sqft
Configuration
1 bd · 1.5 ba · 1,340 sqft
Lot size
0 sqft
Property type
Condo
Year built
2017
Condition
Dated
Stories · parking
1 · 1
Original-condition condo in Willo, Phoenix. 1 bed / 1.5 bath across 1,340 sqft, built in 2017. Hardwood floors, Quartz countertops, Walk-in closets.
Comparable sales (5)
Recent nearby sales, each adjusted to the subject for differences in size, condition, and features. Ranked by similarity.
| Address | Dist. | Sold | Bd/Ba | Sqft | Sold price | $/sqft | Adj. | Adj. price |
|---|---|---|---|---|---|---|---|---|
243 W Palm Ln Phoenix, AZ · 92% match | 0.8 mi | Jul 8, 2025 | 2/1.5 | 1,393 | $359,000 | $258 | -$2,000 | $357,000 |
4187 E Cambridge Ave Phoenix, AZ · 87% match | 1.6 mi | Oct 4, 2025 | 2/2 | 1,332 | $353,000 | $265 | -$2,500 | $350,500 |
7450 E Coronado Rd Phoenix, AZ · 87% match | 1.7 mi | Nov 9, 2025 | 2/1 | 1,338 | $358,000 | $268 | -$2,000 | $356,000 |
7112 W Palm Ln Phoenix, AZ · 86% match | 1.7 mi | Oct 8, 2025 | 2/1 | 1,452 | $374,000 | $258 | -$6,000 | $368,000 |
4193 E Cambridge Ave Phoenix, AZ · 78% match | 0.6 mi | Sep 18, 2025 | 2/1.5 | 1,494 | $336,000 | $225 | -$40,000 | $296,000 |
| Average | $255 | $345,500 | ||||||
Adjustments — 243 W Palm Ln: Size -53 sqft -$11,000 · Age newer 10y +$9,000
Reconciled opinion of value
$346,617
Likely range $328,617 – $364,617
Implied $/sqft
$259
Avg comp $/sqft
$255
Median $/sqft
$258
Value reconciled from 5 adjusted comparables, weighted by similarity to the subject. Range reflects the dispersion of adjusted sale prices ($225–$268 per sqft).
Property tax snapshot
- Assessed value (2025)
- $303,931
- Annual tax bill (2025)
- $1,946
- Effective rate
- 0.64%
- vs. state median
- +2%
- Monthly escrow
- $162
- Projected next bill
- $2,023
Investment snapshot
Thin deal25% down · 7.00% · 30-yr · rent $1,850/mo
- Cap rate
- 2.92%
- Monthly cash flow
- -$830
- Cash-on-cash
- -10.9%
- Net operating income
- $9,498/yr
- 1% rule
- 0.57%
- DSCR
- 0.49