1405 S 7th Ave Phoenix, AZ 85007
Central City NeighborhoodEstimated Value: $2,609,043
1
Bed
1
Bath
24,500
Sq Ft
$106/Sq Ft
Est. Value
About This Home
This home is located at 1405 S 7th Ave, Phoenix, AZ 85007 and is currently priced at $2,609,043, approximately $106 per square foot. 1405 S 7th Ave is a home located in Maricopa County with nearby schools including Lowell School, Phoenix Coding Academy, and Central High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 13, 2024
Sold by
Memorial Towers Limited Partnership
Bought by
Memorial Towers Tc2 Senior Housing Limited Pa
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,807,229
Outstanding Balance
$14,725,202
Interest Rate
6.72%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 3, 2004
Sold by
Smith Jacob and Estates Of Pmh Health Resource
Bought by
Memorial Towers Lp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,035,500
Interest Rate
5.69%
Mortgage Type
Construction
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Memorial Towers Tc2 Senior Housing Limited Pa | -- | None Listed On Document | |
| Memorial Towers Tc2 Senior Housing Limited Pa | -- | None Listed On Document | |
| Memorial Towers Lp | $1,090,000 | Lawyers Title Of Arizona Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Memorial Towers Tc2 Senior Housing Limited Pa | $14,807,229 | |
| Closed | Memorial Towers Tc2 Senior Housing Limited Pa | $13,146,100 | |
| Closed | Memorial Towers Tc2 Senior Housing Limited Pa | $14,807,229 | |
| Previous Owner | Memorial Towers Lp | $1,035,500 |
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 | -- | $796,642 | -- | -- |
| 2024 | -- | $758,707 | -- | -- |
| 2023 | $0 | $761,055 | $152,205 | $608,850 |
| 2022 | $0 | $1,027,170 | $205,425 | $821,745 |
| 2021 | $0 | $1,047,450 | $209,490 | $837,960 |
| 2020 | $0 | $706,770 | $141,345 | $565,425 |
| 2019 | $0 | $813,345 | $162,660 | $650,685 |
| 2018 | $0 | $909,900 | $181,980 | $727,920 |
| 2017 | $0 | $1,644,720 | $328,935 | $1,315,785 |
| 2016 | $0 | $1,492,830 | $298,560 | $1,194,270 |
| 2015 | -- | $1,294,640 | $258,928 | $1,035,712 |
Source: Public Records
Map
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