1602 E Palo Verde Dr, Phoenix, AZ 85016 Property Records

Maricopa County property record for 1602 E Palo Verde Dr, Phoenix, AZ 85016

Property Summary

Property Type	Single Family Home
Details	1 ba · 1,083 sqft · built 1955
Lot Size	0.175 acres (7,636 sqft)
Owner	Individual Name on Record
Last Sale	$355,000 (Feb 2026)
Tax Bill	$1,598 (2025)
Deeds & Mortgages	Oct 2021 Reverse Mortgage Aug 2022 Reverse Mortgage + 3 more
Flood Zone	Zone X (moderate risk)
APN	`164-50-001`

Property Details

APN / Parcel Number

Primary APN	`164-50-001`

Interior

Full Baths	1 Bath
Total Rooms	5 Rooms
Stories	1 Story
Building Area	1,083 sqft Living Area
1st Floor Area	1,083 sqft

Exterior

Year Built	Built 1955
Exterior Material	Block
Construction Type	Concrete Block
Roof Material	Asphalt
Lot Area	7,636 sqft (0.175 acres)
Garage Type	Carport
Carport	Carport
Parking Spaces	1 Parking Space
Patio Area	156 sqft

Utilities, Heating & Cooling

Cooling System	Evaporative
Heating System	HVAC

Location & Zoning

Street Address	1602 E PALO VERDE DR
City	PHOENIX
State	AZ
Zip	85016-2519
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	R-6
Legal Description	MADISON VILLAGE
Legal Range	03E
Legal Township	02N
Legal Section	15
Legal Quarter	NW
Quarter-Quarter Section	NW
Legal Subdivision	MADISON VILLAGE
Legal Lot Number	1
Jurisdiction	MARICOPA AZ
Township / Civil Division	PHOENIX
Census Block Group	5
Census Block	5003
Census Tract	107700

Owner

Source: Maricopa County records, as of February 6, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of Record	Individual Name on Record
Mailing Address	1602 E PALO VERDE DR, PHOENIX, AZ 85016-2519
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Oct 4, 2021	Deed of Trust, Mortgage · Reverse Mortgage OPEN MORTGAGE LLC
Aug 29, 2022	Deed of Trust, Mortgage · Reverse Mortgage OPEN MORTGAGE LLC
Feb 2, 2026	Warranty Deed, Transfer · Conventional Mortgage PROSPERITY HOME MORTGAGE LLC
Mar 14, 2017	Deed of Trust, Mortgage · FHA Mortgage HUD-HOUSING/URBAN DEV
Mar 14, 2017	Deed of Trust, Mortgage · FHA Mortgage AMERICAN ADVISORS

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Feb 2, 2026 · Amount on Record
Deed Sale	Feb 2, 2026 · Amount on Record
Prior Sale	Nov 2, 1998 · Amount on Record
Deed Document Number	20260061233
Record Updated	Jun 8, 2026

October 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARICOPA AZ
Property Address	1602 E PALO VERDE DR, PHOENIX, AZ 85016-2519
Transaction Type	Mortgage
Record Updated	Feb 9, 2026
Title Company	FIRST ARIZONA TITLE AGENCY INC, FIRST ARIZONA TITLE AGENCY

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1602 E PALO VERDE DR, PHOENIX, AZ 85016-2519

Mortgage

Document Number	0001068719
Date	Oct 4, 2021
Instrument	20211068719

Lender

Name	OPEN MORTGAGE LLC
Type	Mortgage Company
Address	AUSTIN, TX 78737

Agreement

Type	Reverse Mortgage
Amount	Amount Recorded
Term	825 Months
Due	Jul 30, 2090

Interest

Rate Type	Adjustable Rate
Rate	2.83%
Type Change Date	Aug 1, 2021
Change Frequency	Annually
Index	1-Month LIBOR

August 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARICOPA AZ
Property Address	1602 E PALO VERDE DR, PHOENIX, AZ 85016-2519
Transaction Type	Mortgage
Record Updated	Feb 9, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1602 E PALO VERDE DR, PHOENIX, AZ 85016-2519

Mortgage

Document Number	0000673530
Date	Aug 29, 2022
Instrument	20220673530

Lender

Name	OPEN MORTGAGE LLC
Type	Mortgage Company
Address	AUSTIN, TX 78737

Agreement

Type	Reverse Mortgage
Amount	Amount Recorded
Term	815 Months
Due	Jul 30, 2090

Interest

Rate Type	Adjustable Rate
Rate	5.65%
Adjustable	Adjustable Rate Rider
Type Change Date	Oct 1, 2022
Change Frequency	Monthly
Index	1-Year CMT
Max Rate	10.6%

February 2026: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MARICOPA AZ
Recording Date	Feb 2, 2026
Property Address	1602 E PALO VERDE DR, PHOENIX, AZ 85016-2519
Document Number	0000061233
Map Reference	MB 49 PG 33
Instrument Date	Jan 27, 2026
Instrument	20260061233
Transaction Type	Transfer
Record Updated	Feb 9, 2026
Title Company	TWFG NATIONAL TITLE INSURANCE COMPANY, WFG NATIONAL TITLE INS CO

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Verified / From Affidavit
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	1725 E PEBBLE BEACH DR, TEMPE, AZ 85282-5755

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1602 E PALO VERDE DR, PHOENIX, AZ 85016-2519

Mortgage

Document Number	0000061234
Date	Feb 2, 2026
Instrument	20260061234

Lender

Name	PROSPERITY HOME MORTGAGE LLC
Type	Mortgage Company

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Mar 1, 2056

March 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARICOPA AZ
Property Address	1602 E PALO VERDE DR, PHOENIX, AZ 85016-2519
Document Number	0000196407
Instrument Date	Mar 14, 2017
Transaction Type	Mortgage
Record Updated	Nov 16, 2018
Title Company	FIDELITY NATIONAL TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1602 E PALO VERDE DR PHOENIX AZ 850162519, PHOENIX, AZ 85016-2519

Mortgage

Document Number	0000196407
Date	Mar 21, 2017
Instrument	196407

Lender

Name	HUD-HOUSING/URBAN DEV
Address	WASHINGTON, DC 20410

Agreement

Type	FHA Mortgage
Amount	Amount Recorded
Term	876 Months
Due	Mar 20, 2090

Interest

Rate Type	Adjustable Rate
Rate	4.94%

March 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARICOPA AZ
Property Address	1602 E PALO VERDE DR, PHOENIX, AZ 85016-2519
Document Number	0000196406
Instrument Date	Mar 14, 2017
Transaction Type	Mortgage
Record Updated	Mar 28, 2017
Title Company	FIDELITY NATIONAL TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1602 E PALO VERDE DR PHOENIX AZ 850162519, PHOENIX, AZ 85016-2519

Mortgage

Document Number	0000196406
Date	Mar 21, 2017
Instrument	196406

Lender

Name	AMERICAN ADVISORS
Address	ORANGE, CA 92868

Agreement

Type	FHA Mortgage
Amount	Amount Recorded
Term	876 Months
Due	Mar 20, 2090

Interest

Rate Type	Adjustable Rate
Rate	4.94%

Tax Assessment & Valuation

Source: Maricopa County assessment roll, as of January 1, 2025

Property Jurisdictions

Type	Name
State	Arizona
County	Maricopa County
Municipality	Phoenix City
Elementary School District	Madison Elementary District (PK - 08)
Secondary School District	Phoenix Union High School District (09 - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$33,220 (-4.21%)	$332,200 (-4.21%) Land $66,400 Building $265,800
2025	$1,598.00 (+11.9%)
2024		$34,680	$346,800 Land $69,300 Building $277,500
2022	$1,428.00

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective October 2, 2026

FEMA Flood Zone	Zone X moderate risk
500-Year Floodplain	Yes 0.2% annual chance
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	CITY OF PHOENIX serves 1,695,000 people · EPA ID AZ0407025
Water Source	Surface water
Last State Inspection	Dec 2025
Lead	3 ppb (2022–2024) action level 15 ppb

Violations Reported to EPA

Water Quality	Turbidity resolved · Jan 2021
Treatment and Procedure	None last 10 years
Monitoring and Reporting	2 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 899 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Cox Communications Cable	2,000 / 100
Tristate Wi-Fi by Wi-Fiber Fixed Wireless	400 / 150
CenturyLink DSL · Fiber in parts of the area	140 / 20
AirFiber WISP Fixed Wireless	100 / 25
AT&T Fixed Wireless	100 / 20
T-Mobile Fixed Wireless	100 / 20

May also be available: GeoLinks, Verizon.

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