NOT LISTED FOR SALE

1425 E Paseo Way Phoenix, AZ 85042

South Mountain Neighborhood

Estimated Value: $350,000 - $523,059

5 Beds
2 Baths
1,657 Sq Ft
$262/Sq Ft Est. Value

Last Sold April 23, 2020

Last sale price $270,000 $163 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,507/month

246 Days on Market

Highlights

  • 0.34 Acre Lot
  • Mountain View
  • Circular Driveway
  • Phoenix Coding Academy Rated A
  • No HOA
  • Eat-In Kitchen

About This Home

As of April 2020

Substantially upgraded, move-in-ready, huge 15k sqft lot at the base of South Mountain with no HOA. Great family home or investment property. Front house is 3 bedrooms and 1 bathroom. Back house is 2 bedrooms and 1 bathroom with full kitchen. Either use the back house as a guest house, mother-in-law suite or turn the property into a duplex and live in half and lease out the other half. Huge dirt lot serves as blank canvas to build more on and make it your own. Awesome views of South Mountain, great privacy in an up and coming neighborhood.

Last Agent to Sell the Property

Abby Wein

HomeSmart License #SA678002000 Listed on: 06/07/2019

HomeSmart

Co-Listed By

Josh Wein

HomeSmart License #SA647895000

Last Buyer's Agent

Maulana Harrod

DeLex Realty License #SA658150000

DeLex Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $690

Year Built

  • Built in 1956

Lot Details

  • 0.34 Acre Lot
  • Block Wall Fence
  • Chain Link Fence

Parking

  • Circular Driveway

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,657 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Mountain Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Accessible Home Design

  • Stepless Entry

Schools

  • Maxine O Bush Elementary School
  • South Mountain High School

Utilities

  • Evaporated cooling system
  • Refrigerated and Evaporative Cooling System
  • Central Air
  • Heating Available
  • Septic Tank

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 300-73-013

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Mountain Terrace Subdivision

Amenities

  • No Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$690

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Cross Street: 16th Street and Dobbins Road
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2019
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2019
  • Separate Den Office Sep Den Office: N
  • Year Built: 1956
  • Tax Year: 2018
  • Directions: From Baseline Rd and 16th Street go south to Dobbins Rd and turn right (West) to 14th St and turn left (south.) Take 14 St. to Paseo Way and turn left. Home is on the right.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.34
  • Co List Office Mls Id: cril18
  • Co List Office Phone: 602-230-7600
  • Subdivision Name: MOUNTAIN TERRACE
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Accessibility Features: Zero-Grade Entry
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen
  • Living Area: 1657.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Other Rooms:Separate Workshop: Yes

Exterior Features

  • Fencing: Block, Chain Link
  • Lot Features: Dirt Front, Dirt Back
  • Pool Features: None
  • View: Mountain(s)
  • Disclosures: Agency Discl Req
  • Construction Type: Wood Frame, Painted, Block
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Circular Driveway
  • Attached Garage: No
  • Parking Features:Circular Drive: Yes

Utilities

  • Cooling: Central Air, Both Refrig & Evap, Ceiling Fan(s), Evaporative Cooling
  • Heating: Electric
  • Laundry Features: None
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • 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: Maxine O Bush Elementary School
  • High School: South Mountain High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Maxine O Bush Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 14993.0
  • Parcel #: 300-73-013

Building Info

  • Builder Name: Unkown

Tax Info

  • Tax Annual Amount: 690.0
  • Tax Book Number: 300.00
  • Tax Lot: 13
  • Tax Map Number: 73.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2019
Closed on
Apr 20, 2020
Sold by
Anderson Asuka and Anderson Kareem
Bought by
Anderson Kareem
Seller's Agent
Abby Wein
HomeSmart
Buyer's Agent
Maulana Harrod
DeLex Realty
List Price
$265,000
Sold Price
$270,000
Premium/Discount to List
$5,000
1.89%
Current Estimated Value
$434,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,015
Avg. Annual Appreciation
7.91%
Original Mortgage
$256,500
Outstanding Balance
$229,766
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$178,057

Purchase Details

Closed on
Apr 17, 2013
Sold by
Flip University Llc
Bought by
There & Back Again Llc

Purchase Details

Closed on
Jan 21, 2013
Sold by
Lazalde Pedro Ricalday
Bought by
Flip University Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
3.28%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 30, 1997
Sold by
Lazalde Amalia Gallego
Bought by
Lazalde Pedro Ricalday
Source: Public Records

Range of Values:

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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
Anderson Kareem -- Security Title Agency Inc
Anderson Kareem $270,000 Security Title Agency Inc
There & Back Again Llc -- None Available
Flip University Llc $65,000 None Available
Lazalde Pedro Ricalday -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Kareem $256,500
Previous Owner England Till I Die Llc $2,004,295
Previous Owner Flip University Llc $52,000
Previous Owner Flip University Llc $6,500
Previous Owner Lazalde Pedro Ricalday $113,750
Previous Owner Lazalde Pedro Ricalday $91,828
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2020 04/23/20 Sold $270,000 +1.9% $163 / Sq Ft
04/23/2020 04/23/20 Price Changed $265,000 0.0% $160 / Sq Ft
02/08/2020 02/08/20 Pending -- -- --
02/05/2020 02/05/20 Pending -- -- --
01/23/2020 01/23/20 For Sale $265,000 0.0% $160 / Sq Ft
12/02/2019 12/02/19 Pending -- -- --
10/02/2019 10/02/19 For Sale $265,000 0.0% $160 / Sq Ft
09/20/2019 09/20/19 Pending -- -- --
09/03/2019 09/03/19 Price Changed $265,000 -1.8% $160 / Sq Ft
08/22/2019 08/22/19 Price Changed $269,900 -1.8% $163 / Sq Ft
08/01/2019 08/01/19 Price Changed $274,900 0.0% $166 / Sq Ft
06/07/2019 06/07/19 For Sale $275,000 -- $166 / 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 $2,584 $17,594 -- --
2024 $2,511 $16,756 -- --
2023 $2,511 $30,310 $6,060 $24,250
2022 $2,200 $22,350 $4,470 $17,880
2021 $742 $15,960 $3,190 $12,770
2020 $662 $14,960 $2,990 $11,970
2019 $709 $12,180 $2,430 $9,750
2018 $690 $11,000 $2,200 $8,800
2017 $658 $8,030 $1,600 $6,430
2016 $626 $5,380 $1,070 $4,310
2015 $589 $5,860 $1,170 $4,690
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Abby Wein

    HomeSmart

    Section Image
  • Josh Wein

    Seller Co-Listing Agent in 2020

    Josh Wein

    HomeSmart

    (480) 432-4771

    71 Total Sales

    Josh Wein
    Section Image
  • Maulana Harrod

    Buyer's Agent in 2020

    Maulana Harrod

    DeLex Realty

    (480) 241-1992

    11 in this area

    57 Total Sales

    Maulana Harrod
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5937011

Arizona Regional Multiple Listing Service (ARMLS)

APN: 300-73-013

Arizona Maricopa County Phoenix 85042 South Mountain

1425 E Paseo Way, Phoenix, AZ

This home is located at 1425 E Paseo Way, Phoenix, AZ 85042 since 07 June 2019 and is currently estimated at $434,015, approximately $261 per square foot. This property was built in 1956. 1425 E Paseo Way is a home located in Maricopa County with nearby schools including Maxine O. Bush Elementary School, South Mountain High School, and Phoenix Coding Academy.

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.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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