NOT LISTED FOR SALE

1402 W Cactus Wren Dr Phoenix, AZ 85021

Alhambra Neighborhood

Estimated Value: $429,000 - $607,675

4 Beds
2.5 Baths
2,281 Sq Ft
$212/Sq Ft Est. Value

Last Sold August 21, 2024

Last sale price $420,000 $184 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,758/month

74 Days on Market

Highlights

  • No HOA
  • Covered Patio or Porch
  • Central Air
  • Washington High School Rated A-
  • Tile Flooring
  • High Speed Internet

About This Home

As of August 2024

Don't miss this chance to experience serene living in the heart of the city with this charming bungalow home. Situated on a spacious lot, this property offers a tranquil escape with its cozy porch & mature trees, all located in the much desired central corridor - minutes by car to Murphy's Bridle & Walking Path, Butler Park or hop on the light rail for downtown sporting and concert venues, restaurants, coffee houses & shops. The floor plan includes an attached rentable guest house (ADU) with a private entrance that features its own kitchen, bathroom, living room & bedroom all surrounded by lush flowers, shrubs and trees. With no HOA, it's an ideal choice for so many options: multi-generational living, a home office setup or an income producing rental. The main house features 3 bedrooms and 1-1/2 baths, kitchen and dining area, expansive family room with gas fireplace along with access to the charming covered patio, artisan backyard & Cantina. Lovingly cared for by the same family since 1971, this home offers endless possibilities & potential to make this home your own!

Last Agent to Sell the Property

Brian Young

HomeSmart License #SA515492000 Listed on: 05/10/2024

HomeSmart

Last Buyer's Agent

Brian Young

HomeSmart License #SA515492000 Listed on: 05/10/2024

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,572

Year Built

  • Built in 1948

Lot Details

  • 8,481 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence
  • Wire Fence
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 2 Open Parking Spaces

Home Design

  • Wood Frame Construction
  • Reflective Roof
  • Foam Roof

Interior Spaces

  • 2,281 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Family Room with Fireplace

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2.5 Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Washington Elementary School
  • Orangewood Middle School
  • Washington High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Merriwood Subdivision

Listing and Financial Details

  • Tax Lot 26
  • Assessor Parcel Number 157-11-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,572

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Cross Street: 7th Ave & Glendale
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1948
  • Tax Year: 2023
  • Directions: West on Glendale Ave to 14th Ave. North on 14th Ave to 1402 Cactus Wren
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.19
  • Subdivision Name: MERRIWOOD
  • Property Attached Yn: No
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet
  • Living Area: 2281.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wood, Wire
  • Lot Features: Gravel/Stone Front, Grass Back, Auto Timer H2O Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Reflective Coating, Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Washington Elementary School
  • High School: Washington High School
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Orangewood School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8481.0
  • Parcel #: 157-11-027

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1572.0
  • Tax Book Number: 157.00
  • Tax Lot: 26
  • Tax Map Number: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2024
Closed on
Aug 21, 2024
Sold by
Joan Benton Family Trust and Benton Joan A
Bought by
Monroy Capital Llc
Seller's Agent
Brian Young
HomeSmart
Buyer's Agent
Brian Young
HomeSmart
List Price
$599,000
Sold Price
$420,000
Premium/Discount to List
-$179,000
-29.88%
Views
35
Current Estimated Value
$483,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,919
Avg. Annual Appreciation
14.74%
Original Mortgage
$495,000
Outstanding Balance
$42,561
Interest Rate
6.89%
Mortgage Type
Construction
Estimated Equity
$441,358

Purchase Details

Closed on
Feb 14, 2023
Sold by
Benton Joan A
Bought by
Joan Benton Family Trust
Source: Public Records

Range of Values:

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Average Value
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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
Monroy Capital Llc $420,000 Chicago Title Agency
Joan Benton Family Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monroy Capital Llc $495,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2024 08/21/24 Sold $420,000 -19.1% $184 / Sq Ft
06/08/2024 06/08/24 Price Changed $519,000 -3.0% $228 / Sq Ft
05/29/2024 05/29/24 Price Changed $535,000 -10.7% $235 / Sq Ft
05/10/2024 05/10/24 For Sale $599,000 -- $263 / Sq Ft
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 $1,527 $13,574 -- --
2024 $1,572 $13,574 -- --
2023 $1,572 $14,800 $2,960 $11,840
2022 $1,593 $14,800 $2,960 $11,840
2021 $1,715 $26,330 $5,260 $21,070
2020 $1,752 $23,970 $4,790 $19,180
2019 $1,707 $21,170 $4,230 $16,940
2018 $1,532 $19,120 $3,820 $15,300
2017 $1,929 $14,800 $2,960 $11,840
2016 $1,895 $14,780 $2,950 $11,830
2015 $1,757 $13,520 $2,700 $10,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6701016

Arizona Regional Multiple Listing Service (ARMLS)

APN: 157-11-027