NOT LISTED FOR SALE

1040 E Fairmount Ave Unit 7 Phoenix, AZ 85014

Central City Neighborhood
1 Bed
1 Bath
360 Sq Ft
0.42 Acre Lot

Highlights

  • 0.42 Acre Lot
  • No HOA
  • Double Pane Windows
  • Longview Elementary School Rated 9+
  • 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

0.42 Acres

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
  • General Property Description:Community Pool YN2: No
  • General Property Description:Private Pool YN2: No

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
0.035%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 2, 2016
Sold by
Bought by

Purchase Details

Closed on
Sep 19, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
0.0657%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 22, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
0.0564%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 11, 1996
Sold by
Bought by

Purchase Details

Closed on
Apr 17, 1979
Sold by
Bought by

Purchase Details

Closed on
Mar 29, 1974
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$978,000 Old Republic Title Agency
$440,000 Security Title Agency
$400,000 Chicago Title Insurance Co
$300,000 --
$15,294 --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $560,000
Previous Owner $300,000
Previous Owner $300,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6651473

Arizona Regional Multiple Listing Service (ARMLS)
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