NOT LISTED FOR SALE

Estimated Value: $359,220 - $452,000

1 Bed
1 Bath
480 Sq Ft
$872/Sq Ft Est. Value

About This Home

This home is located at 1118 S Farmer Ave, Tempe, AZ 85281 and is currently estimated at $418,555, approximately $871 per square foot. 1118 S Farmer Ave is a home located in Maricopa County with nearby schools including Geneva Epps Mosley Middle School, Tempe High School, and New School for the Arts & Academics.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2016
Sold by
Chenny Properties Llc
Bought by
Funke Benjamin
Current Estimated Value
$418,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 12, 2016
Sold by
Chavez Michael
Bought by
Chenny Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 2013
Sold by
Chavez Michael Anthony and Ortiz Edward Roman
Bought by
Chavez Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2010
Sold by
Wallace John Milton
Bought by
Chavez Michael Anthony and Ortiz Edward Roman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
4.35%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Funke Benjamin $218,000 Pioneer Title Agency Inc
Chenny Properties Llc $146,500 Pioneer Title Agency Inc
Chavez Michael -- Fidelity National Title Agen
Chavez Michael Anthony $128,000 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Funke Benjamin $221,150
Closed Funke Benjamin $225,750
Closed Chenny Properties Llc $250,000
Previous Owner Chavez Michael $94,500
Previous Owner Chavez Michael Anthony $93,000
Source: Public Records

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 $1,012 $9,031 -- --
2024 $999 $8,601 -- --
2023 $999 $27,020 $5,400 $21,620
2022 $959 $22,230 $4,440 $17,790
2021 $965 $20,250 $4,050 $16,200
2020 $936 $17,060 $3,410 $13,650
2019 $918 $12,870 $2,570 $10,300
2018 $895 $11,760 $2,350 $9,410
2017 $869 $9,630 $1,920 $7,710
2016 $748 $9,010 $1,800 $7,210
2015 $724 $7,780 $1,550 $6,230
Source: Public Records

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