NOT LISTED FOR SALE

1405 S 7th Ave Phoenix, AZ 85007

Central City Neighborhood

Estimated 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
$2,609,043

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
$14,750,741
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
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
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 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 -- $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

Arizona Maricopa County Phoenix 85003 Central City

1405 S 7th Ave, Phoenix, AZ

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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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