NOT LISTED FOR SALE

Estimated Value: $646,671 - $810,000

3 Beds
2 Baths
2,203 Sq Ft
$334/Sq Ft Est. Value

Last Sold March 14, 2016

Last sale price $410,000 $186 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $3,947/month

55 Days on Market

Highlights

  • The property is located in a historic district
  • Mountain View
  • Vaulted Ceiling
  • Phoenix Coding Academy Rated A
  • Property is near public transit and bus stop
  • Wood Flooring

About This Home

As of March 2016

Beautiful & charming one-of-a-kind centrally located Historic Spanish Mission Revival style home built in 1935 in the prestigious Cheery Lynn Historic District! This is a MUST SEE! This impeccably maintained home constructed of authentic Sonoran Adobe brick with classic red tile roof has beautiful original wood windows throughout that bring in tons of natural light. The interior boasts gorgeous refinished oak & walnut hardwood floors, wood paneled doors, and 11’ high cove ceilings in the living room with an ornate grand gas fireplace with mantel, arched niche, original light sconces, arched room openings and a large formal dining room. There is a separate breakfast room off of the kitchen with a large upstairs Loft/Office with separate entrance. Currently 2 of 3 bedrooms are combined to create an extra large master ensuite with sitting area, bathroom and a lovely sunroom. Recent updates and improvements with attention to detail include: Refinishing all hardwood flooring including oak staircase, drywall/plaster work, electrical, interior and exterior paint. The kitchen and main bathroom have been completely remodeled in a period 1930's style with sensible updates for improved functionality. Kitchen has granite slab countertops, under and over cabinetry lighting, stainless GE profile appliances, pullout shelving, farmhouse apron sink and brushed nickel faucet. The master bath shower has brand new tile. New Mini Split HVAC Systems were installed in the breakfast room and upstairs loft in 2010, along with all new dual pane windows upstairs and a new HVAC system was installed in the home in 2014. This charming home sits on an oversized private irrigated lot with mature shade, fruit and palm trees, large patio, block walls, iron/wood gates, storage shed and views of Piestewa Peak. Active and friendly neighborhood located within the Central Corridor, just minutes from the light rail transit system, airport, Biltmore & Esplanade Fashion Shops, hip restaurants, wine bars, coffee shops, museums, theatres, hospitals and all that downtown Phoenix has to offer. Easy freeway access makes this neighborhood the perfect choice for superb urban living! You're going to love this place and it's sure to sell quickly! Come check it out for yourself!

Last Agent to Sell the Property

Nicolas Capaz

Monte Vista Realty License #BR583519000 Listed on: 12/04/2015

Co-Listed By

Dean McAdams

Monte Vista Realty License #BR521803000

Last Buyer's Agent

Don Mertes

HomeSmart License #SA116470000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $872

Year Built

  • Built in 1935

Lot Details

  • 8,100 Sq Ft Lot
  • Wrought Iron Fence
  • Wood Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Private Yard
  • Grass Covered Lot

Home Design

  • Spanish Architecture
  • Wood Frame Construction
  • Tile Roof
  • Built-Up Roof
  • Foam Roof
  • Stucco
  • Adobe

Interior Spaces

  • 2,203 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Wood Frame Window
  • Living Room with Fireplace
  • Mountain Views
  • Security System Leased
  • Granite Countertops

Flooring

  • Wood
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Remodeled Bathroom
  • 2 Bathrooms

Parking

  • 2 Open Parking Spaces
  • 1 Carport Space

Eco-Friendly Details

  • North or South Exposure

Outdoor Features

  • Balcony
  • Patio
  • Outdoor Storage

Location

  • Property is near public transit and bus stop
  • The property is located in a historic district

Schools

  • Longview Elementary School
  • Osborn Middle School
  • North 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
  • Built by Custom Adobe
  • Cheery Lynn Subdivision, Sonoran Adobe Floorplan

Listing and Financial Details

  • Tax Lot 41
  • Assessor Parcel Number 118-12-042

Home Details

Home Type

Single Family

Est. Annual Taxes

$872

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Cross Street: 16th Street & Osborn Road
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Community Facilities District: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2015
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2010
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2014
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2010
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2010
  • Updated Wiring: Partial
  • Items Updated Wiring Yr Updated: 2010
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1935
  • Tax Year: 2015
  • Master Model: Sonoran Adobe
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.19
  • Co List Office Mls Id: cril12
  • Co List Office Phone: 602-230-7600
  • Subdivision Name: CHEERY LYNN
  • Architectural Style: Spanish
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 186.1
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile, Wood, Concrete
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Master Downstairs, Vaulted Ceiling(s)
  • Living Area: 2203.0
  • Stories: 2
  • Window Features: Skylight(s), Dual Pane, Wood Frames
  • Other Rooms:Family Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Other Rooms:Loft: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Community Features:Historic District: Yes
  • Other Rooms:Arizona RoomLanai: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Wrought Iron, Wood
  • Exterior Features: Balcony, Private Yard, Storage
  • Lot Features: North/South Exposure, Nat Reg Historic Hms, Grass Front, Grass Back, Irrigation Front, Irrigation Back
  • Pool Features: None
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted, Adobe
  • Other Structures: Gazebo
  • Patio And Porch Features: Patio
  • Roof: Tile, Built-Up, Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:GazeboRamada: Yes
  • Construction:Adobe: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric, Natural Gas
  • Security: Security System Leased
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Light Rail Stop, Near Bus Stop, Historic District
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

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

  • Land Lease: No
  • Lot Size Sq Ft: 8100.0
  • Parcel #: 118-12-042

Building Info

  • Builder Name: Custom Adobe

Tax Info

  • Tax Annual Amount: 871.74
  • Tax Book Number: 118.00
  • Tax Lot: 41
  • Tax Map Number: 12.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2015
Closed on
Feb 2, 2016
Sold by
Capaz Carols L and Capaz Belinda S
Bought by
Palmer Brian and Palmer Cristina
Seller's Agent
Nicolas Capaz
Monte Vista Realty
Buyer's Agent
Don Mertes
HomeSmart
List Price
$420,000
Sold Price
$410,000
Premium/Discount to List
-$10,000
-2.38%
Current Estimated Value
$734,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,918
Avg. Annual Appreciation
6.12%
Original Mortgage
$328,000
Outstanding Balance
$260,109
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$474,809

Purchase Details

Closed on
Dec 19, 2006
Sold by
Sprague Robert and Sprague Irene
Bought by
Capaz Carlos L and Capaz Belinda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 2003
Sold by
Compton J C and Compton Justine C
Bought by
Sprague Robert and Sprague Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.71%
Mortgage Type
New Conventional
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

Date Buyer Sale Price Title Company
Palmer Brian $410,000 Driggs Title Agency Inc
Capaz Carlos L $380,000 Equity Title Agency Inc
Sprague Robert $200,000 Westland Title Agency Of Az
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer Brian $328,000
Previous Owner Capaz Carlos L $304,000
Previous Owner Sprague Robert $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2016 03/14/16 Sold $410,000 -0.9% $186 / Sq Ft
01/17/2016 01/17/16 Price Changed $413,900 -1.5% $188 / Sq Ft
12/04/2015 12/04/15 For Sale $420,000 -- $191 / 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 $1,244 $9,580 -- --
2024 $1,161 $9,124 -- --
2023 $1,161 $0 $0 $0
2022 $1,155 $18,375 $3,675 $14,700
2021 $1,174 $16,775 $3,355 $13,420
2020 $1,145 $15,425 $3,085 $12,340
2019 $1,095 $15,015 $3,000 $12,015
2018 $1,059 $16,060 $3,210 $12,850
2017 $972 $13,630 $2,725 $10,905
2016 $938 $13,080 $2,615 $10,465
2015 $872 $11,030 $2,205 $8,825
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5370056

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-12-042