NOT LISTED FOR SALE

1435 E Paseo Way Phoenix, AZ 85042

South Mountain Neighborhood

Estimated Value: $326,000 - $410,000

2 Beds
1 Bath
1,285 Sq Ft
$292/Sq Ft Est. Value

Sale Details

Date Sold: February 5, 2016

Last sale price $50,000 $39 Per Sq Ft

Est. 651% increase in value since last sale

Current estimated payment $2,149 / mo

Highlights

  • City Lights View
  • 0.34 Acre Lot
  • 1-Story Property
  • Phoenix Coding Academy Rated A
  • No HOA

About This Home

As of February 2016

This is a great investment opportunity!
The value of this property is in the land. Although someone was living here, there are several things wrong with the structure and it needs work. The septic tank was put in in 2014. This lot backs up to south mountain and there are wonderful desert views and downtown views. HIking, biking, and wilderness!

Last Agent to Sell the Property

Laura Ohmer

Client Advocate Realty License #SA571537000 Listed on: 01/27/2016

Last Buyer's Agent

Claudia Pina

AZ Advance Realty, LLC License #SA641292000

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • 15,002 Sq Ft Lot
  • Desert faces the front and back of the property

Parking

  • 2 Open Parking Spaces

Property Views

  • City Lights
  • Mountain

Home Design

  • Fixer Upper
  • Block Exterior

Interior Spaces

  • 1,285 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Maxine O Bush Elementary School
  • South Mountain High School

Utilities

  • Septic Tank

Community Details

  • No Home Owners Association
  • Mountain Terrace Subdivision

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 300-73-015

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0.34 Acres

Listing Details

  • Cross Street: 16th street and Dobbins
  • Legal Info Range: 3E
  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1956
  • Tax Year: 2014
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.34
  • Subdivision Name: MOUNTAIN TERRACE
  • New Construction: No
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 38.91
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate
  • Spa Features: None
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 1285.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:None42: Yes

Exterior Features

  • Fencing: Other, See Remarks
  • Lot Features: Natural Desert Back, Gravel/Stone Front, Natural Desert Front
  • Pool Features: None
  • View: City Lights, Mountain(s)
  • Disclosures: Agency Discl Req
  • Construction Type: Other, See Remarks, Block
  • Property Condition: Fixer
  • Roof: Other, See Remarks
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 2.0

Utilities

  • Utilities: Other, See Remarks
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Laundry Features: Dryer Included, Washer Included
  • Water Source: City Water
  • Sewer Septic Tank: Yes
  • Heating:Other4: Yes
  • Heating:See Remarks3: 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

Schools

  • Elementary School: Maxine O Bush Elementary School
  • High School: South Mountain High School
  • Middle Or Junior School: Maxine O Bush Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 15002.0
  • Parcel #: 300-73-015
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: unk

Tax Info

  • Tax Annual Amount: 38.0
  • Tax Book Number: 300.00
  • Tax Lot: 15
  • Tax Map Number: 73.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2016
Closed on
Feb 1, 2016
Sold by
Sammons Robin L
Bought by
Pina Martha I and Pina Isaias
Seller's Agent
Laura Ohmer
Client Advocate Realty
Buyer's Agent
Claudia Pina
AZ Advance Realty, LLC
List Price
$69,000
Sold Price
$50,000
Premium/Discount to List
-$19,000
-27.54%
Current Estimated Value
$375,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,642
Avg. Annual Appreciation
21.72%
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
Pina Martha I $50,000 Chicago Title Agency Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2016 02/05/16 Sold $50,000 -27.5% $39 / Sq Ft
01/27/2016 01/27/16 Pending -- -- --
01/27/2016 01/27/16 For Sale $69,000 -- $54 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,900 $14,058 -- --
2024 $1,795 $13,389 -- --
2023 $1,795 $32,660 $6,530 $26,130
2022 $1,758 $23,850 $4,770 $19,080
2021 $1,813 $18,480 $3,690 $14,790
2020 $1,790 $17,460 $3,490 $13,970
2019 $1,729 $14,570 $2,910 $11,660
2018 $683 $11,850 $2,370 $9,480
2017 $636 $8,750 $1,750 $7,000
2016 $604 $5,750 $1,150 $4,600
2015 -- $5,750 $1,150 $4,600
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Laura Ohmer

    Client Advocate Realty

  • Claudia Pina

    Buyer's Agent in 2016

    Claudia Pina

    AZ Advance Realty, LLC

    (602) 319-9268

    1 in this area

    1 Total Sale

    Claudia Pina
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5389551

Arizona Regional Multiple Listing Service (ARMLS)

APN: 300-73-015

Arizona Maricopa County Phoenix 85042 South Mountain

1435 E Paseo Way, Phoenix, AZ

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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