NOT LISTED FOR SALE

1406 E Romley Ave Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $305,948 - $383,000

Studio
3 Baths
1,580 Sq Ft
$218/Sq Ft Est. Value

About This Home

This home is located at 1406 E Romley Ave, Phoenix, AZ 85040 and is currently estimated at $344,237, approximately $217 per square foot. 1406 E Romley Ave is a home located in Maricopa County with nearby schools including Irene Lopez School, South Mountain High School, and Phoenix Coding Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2006
Sold by
Ortiz Jose Rafael Leon and Leon Maria M
Bought by
Lu Xinghai
Current Estimated Value
$344,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Outstanding Balance
$93,132
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$251,105

Purchase Details

Closed on
Feb 24, 2004
Sold by
K Hovnanian Great Western Homes Llc
Bought by
Ortiz Jose Rafael Leon and Leon Maria M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,777
Interest Rate
5.62%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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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
Lu Xinghai $225,000 Capital Title Agency Inc
Ortiz Jose Rafael Leon -- Lawyers Title Insurance Corp
K Hovnanian Great Western Homes Llc -- Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lu Xinghai $168,750
Previous Owner Ortiz Jose Rafael Leon $110,777
Closed Lu Xinghai $45,000
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 $1,111 $8,222 -- --
2024 $1,050 $7,830 -- --
2023 $1,050 $23,300 $4,660 $18,640
2022 $1,028 $17,800 $3,560 $14,240
2021 $1,060 $15,750 $3,150 $12,600
2020 $1,047 $15,010 $3,000 $12,010
2019 $1,011 $13,500 $2,700 $10,800
2018 $983 $11,360 $2,270 $9,090
2017 $916 $10,510 $2,100 $8,410
2016 $869 $9,600 $1,920 $7,680
2015 $807 $7,880 $1,570 $6,310
Source: Public Records

Map

Arizona Maricopa County Phoenix 85040 South Mountain

1406 E Romley Ave, Phoenix, AZ

Not Listed for Sale

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