NOT LISTED FOR SALE

1040 E Fairmount Ave Unit 7 Phoenix, AZ 85014

Central City Neighborhood

Estimated Value: $1,456,000 - $1,726,569

1 Bed
1 Bath
360 Sq Ft
0.42 Acres

Highlights

  • 0.42 Acre Lot
  • No HOA
  • Double Pane Windows
  • Phoenix Coding Academy Rated A
  • Eat-In Kitchen
  • Solar Screens

About This Home

As of March 2024

Welcome to Fairmount Eight Studio- Available for Immediate Move In! This is a STUDIO apartment. Enter and find a bright and open home with gray laminate flooring, ceiling fans, and fresh new paint. The kitchen comes complete with stainless steel appliances including refrigerator, upgraded countertops, and a decorative backsplash! Great location near shopping, restaurants, and freeway access. Coin-Op community laundry on site. Owner pays water, sewer and trash. Tenant pays electric only which is APS.

Last Agent to Rent the Property

John Kepple

Capital REI License #BR562201000 Listed on: 01/17/2024

Capital REI

Last Renter's Agent

Chris Jones

The Brokery License #SA692619000

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1962

Lot Details

  • Desert faces the front of the property
  • Two or More Common Walls

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 360 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Solar Screens
  • Laminate Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Parking

  • 1 Open Parking Space
  • Community Parking Structure

Location

  • Property is near bus stop

Schools

  • Longview Elementary School
  • Osborn Middle School
  • North High School

Utilities

  • Window Unit Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Property Available on 1/17/24
  • $50 Move-In Fee
  • Rent includes water, sewer, garbage collection
  • 12-Month Minimum Lease Term
  • $50 Application Fee
  • Legal Lot and Block 22 / 1
  • Assessor Parcel Number 118-03-026

Community Details

Overview

  • No Home Owners Association
  • Fairmount Eight Subdivision

Amenities

  • Coin Laundry

Condo Details

Home Type

Condominium

Year Built

Built in 1962

Lot Details

0

Rental Info

  • Rent Includes: Water, Sewer, Garbage Collection
  • Available Date: 2024-01-17

Listing Details

  • Cross Street: Indian School Rd & 12th St
  • Legal Info Range: 3E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1962
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 2.0
  • Initial Move In Costs Application Fee: 50.0
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.42
  • Subdivision Name: Fairmount Eight
  • Architectural Style: Ranch
  • Property Attached Yn: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Cooling Window Unit(s): Yes
  • Roofing:Composition: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Total Bedrooms: 1
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Eat-in Kitchen
  • Living Area: 360.0
  • Stories: 1
  • Window Features: Solar Screens, Dual Pane
  • Community Features:Near Bus Stop: Yes
  • Community Features:Coin-Op Laundry: Yes
  • Community Features:Community Laundry: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Desert Front, Gravel/Stone Front
  • Disclosures: Agency Discl Req
  • Common Walls: Two Common Walls
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Community Structure
  • Attached Garage: No
  • Open Parking Spaces: 1.0
  • Parking Features:Community Structure: Yes

Utilities

  • Cooling: Window Unit(s)
  • Heating: Other, See Remarks
  • Laundry Features: See Remarks, Other
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water

Condo/Co-op/Association

  • Community Features: Near Bus Stop, Community Laundry, Coin-Op Laundry
  • Association: No
  • Pets Allowed: Lessor Approval

Schools

  • Elementary School: Longview Elementary School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Osborn Middle School

Lot Info

  • Lot Size Sq Ft: 18480.0
  • Parcel #: 118-03-026

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Block: 1
  • Tax Book Number: 118.00
  • Tax Lot: 22
  • Tax Map Number: 3.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2024 03/01/24 Rented $900 -5.3% --
02/12/2024 02/12/24 Under Contract -- -- --
01/17/2024 01/17/24 For Rent $950 +6.1% --
11/15/2022 11/15/22 Rented $895 0.0% --
10/12/2022 10/12/22 For Rent $895 +27.9% --
09/01/2020 09/01/20 Rented $700 0.0% --
08/21/2020 08/21/20 Under Contract -- -- --
07/16/2020 07/16/20 For Rent $700 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,520 $27,104 -- --
2024 $3,286 $25,814 -- --
2023 $3,286 $101,420 $20,280 $81,140
2022 $3,211 $76,770 $15,350 $61,420
2021 $3,271 $66,570 $13,310 $53,260
2020 $3,187 $55,530 $11,100 $44,430
2019 $3,048 $47,870 $9,570 $38,300
2018 $2,946 $41,380 $8,270 $33,110
2017 $2,701 $33,870 $6,770 $27,100
2016 $2,605 $26,480 $5,290 $21,190
2015 $2,423 $24,750 $4,950 $19,800
Source: Public Records

Agents Affiliated with this Home

  • John Kepple

    Landlord's Agent in 2024

    John Kepple

    Capital REI

    (309) 282-1554

    20 Total Sales

    John Kepple
    Section Image
  • Chris Jones

    Tenant's Agent in 2024

    Chris Jones

    The Brokery

    (480) 794-1694

    18 Total Sales

    Chris Jones
    Section Image

  • C

    Tenant's Agent in 2024

    Christopher Jones

    America One Luxury Real Estate

  • Lindsay Mazzola

    Buyer's Agent in 2022

    Lindsay Mazzola

    eXp Realty

    (480) 600-8533

    40 Total Sales

    Lindsay Mazzola
    Section Image

  • J

    Buyer's Agent in 2020

    Jose Lopez

    A.Z. & Associates Real Estate Group

    (602) 230-7600

    1 in this area

    25 Total Sales

    Jose Lopez
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6651473

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Phoenix 85014 Central City

1040 E Fairmount Ave Unit 7, Phoenix, AZ

Not Listed for Sale

Condos

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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