NOT LISTED FOR SALE

1503 E Gary Way Phoenix, AZ 85042

South Mountain Neighborhood

Estimated Value: $404,000 - $456,265

3 Beds
2 Baths
1,453 Sq Ft
$302/Sq Ft Est. Value

Last Sold October 09, 2018

Last sale price $235,000 $162 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $2,573/month

61 Days on Market

Highlights

  • Private Pool
  • Mountain View
  • 3 Car Direct Access Garage
  • Phoenix Coding Academy Rated A
  • Covered Patio or Porch
  • Eat-In Kitchen

About This Home

As of October 2018

Investors only!! Do not disturb tenant. Huge grassy yard and sparkling pool. One of the few properties with a 3 car garage. Great floorplan with tile in all the right places. Convenient location close to downtown and the airport.

Fantastic investor opportunity! Tenant on 2 year lease @ $1450 per month. Lease valid until June 2019.

Last Agent to Sell the Property

Howard Steven

Rock Bottom Realty License #BR522759000 Listed on: 06/29/2018

Last Buyer's Agent

Eddie Esquer

HomeSmart License #SA030463000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,456

Year Built

  • Built in 2005

Lot Details

  • 9,590 Sq Ft Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $65 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,453 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Outdoor Features

  • Private Pool
  • Covered Patio or Porch

Schools

  • Roosevelt Elementary School
  • Greenfield Junior High School
  • South Mountain High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 300-23-206

Community Details

Overview

  • Association fees include ground maintenance
  • Highline Vista Association, Phone Number (602) 957-9191
  • Highline Vista Estates 2 Amended Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,456

Year Built

Built in 2005

Lot Details

0

HOA Fees

$65 per month

Parking

3

Listing Details

  • Cross Street: 16th St & Baseline
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 65.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2005
  • Tax Year: 2017
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.22
  • Subdivision Name: HIGHLINE VISTA ESTATES 2 AMENDED
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 161.73
  • Association Fees:HOA Fee2: 65.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, Pantry, Full Bth Master Bdrm
  • Living Area: 1453.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Lot Features: Desert Back, Desert Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Private
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • Association Fee: 65.0
  • Association Fee Frequency: Monthly
  • Association Name: HIGHLINE VISTA
  • Phone: 602-957-9191
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: HIGHLINE VISTA
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Roosevelt Elementary School
  • High School: South Mountain High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Greenfield Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9590.0
  • Parcel #: 300-23-206

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 2456.0
  • Tax Book Number: 300.00
  • Tax Lot: 8
  • Tax Map Number: 23.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2019
Sold by
Spiva Neil Ray
Bought by
Spiva Neil Ray and Jones Alexandria Michelle
Current Estimated Value
$438,316

Purchase Details

Listed on
Jun 29, 2018
Closed on
Sep 5, 2018
Sold by
Markins Jeff
Bought by
Spiva Neil Ray
Seller's Agent
Howard Steven
Rock Bottom Realty
Buyer's Agent
Eddie Esquer
HomeSmart
List Price
$280,000
Sold Price
$235,000
Premium/Discount to List
-$45,000
-16.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.98%
Original Mortgage
$230,743
Outstanding Balance
$204,936
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$233,380

Purchase Details

Closed on
Feb 1, 2006
Sold by
Markins Brad J and Markins Diane K
Bought by
Markins Jeff

Purchase Details

Closed on
Jun 13, 2005
Sold by
Markins Jeff
Bought by
Markins Brad J and Markins Diane K

Purchase Details

Closed on
Aug 4, 2004
Sold by
Sequoia Homes Inc
Bought by
Markins Jeff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,120
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Spiva Neil Ray -- None Available
Spiva Neil Ray $235,000 Lawyers Title Of Arizona Inc
Markins Jeff -- Transnation Title Ins Co
Markins Brad J -- Transnation Title
Markins Jeff -- Transnation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spiva Neil Ray $230,743
Previous Owner Markins Jeff $152,120
Closed Markins Jeff $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2018 10/09/18 Sold $235,000 -2.0% $162 / Sq Ft
08/21/2018 08/21/18 Price Changed $239,900 -5.9% $165 / Sq Ft
07/28/2018 07/28/18 Price Changed $255,000 -4.1% $175 / Sq Ft
07/13/2018 07/13/18 Price Changed $266,000 -5.0% $183 / Sq Ft
06/29/2018 06/29/18 For Sale $280,000 0.0% $193 / Sq Ft
06/17/2017 06/17/17 Rented $1,425 0.0% --
05/11/2017 05/11/17 Under Contract -- -- --
05/03/2017 05/03/17 For Rent $1,425 +5.6% --
09/01/2015 09/01/15 Rented $1,350 0.0% --
08/14/2015 08/14/15 Under Contract -- -- --
08/04/2015 08/04/15 Off Market $1,350 -- --
08/04/2015 08/04/15 For Rent $1,350 +4.2% --
02/01/2013 02/01/13 Rented $1,295 0.0% --
01/15/2013 01/15/13 Under Contract -- -- --
12/21/2012 12/21/12 For Rent $1,295 -- --
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 $2,624 $19,416 -- --
2024 $2,479 $18,491 -- --
2023 $2,479 $34,210 $6,840 $27,370
2022 $2,428 $25,220 $5,040 $20,180
2021 $2,504 $24,210 $4,840 $19,370
2020 $2,473 $22,080 $4,410 $17,670
2019 $2,389 $20,150 $4,030 $16,120
2018 $2,577 $19,970 $3,990 $15,980
2017 $2,456 $17,380 $3,470 $13,910
2016 $2,336 $17,810 $3,560 $14,250
2015 $1,906 $16,400 $3,280 $13,120
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2018

    Howard Steven

    Rock Bottom Realty

  • E

    Buyer's Agent in 2018

    Eddie Esquer

    HomeSmart

    (602) 301-2566

    10 Total Sales

    Eddie Esquer
    Section Image
  • Hemameena Muralidaran

    Seller's Agent in 2017

    Hemameena Muralidaran

    Investar Real Estate Specialists

    (480) 468-6638

    3 Total Sales

    Hemameena Muralidaran
    Section Image

  • N

    Seller's Agent in 2015

    Nick Nieves

    Nicholas Joseph Agency

    (602) 748-0697

    2 Total Sales

    Nick Nieves
    Section Image
  • Sherry Gijon

    Buyer's Agent in 2015

    Sherry Gijon

    LPT Realty, LLC

    (602) 821-1150

    1 in this area

    84 Total Sales

    Sherry Gijon
    Section Image
  • Steve Werner

    Seller's Agent in 2013

    Steve Werner

    My Home Group

    (480) 688-0767

    1 in this area

    53 Total Sales

    Steve Werner
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5787467

Arizona Regional Multiple Listing Service (ARMLS)

APN: 300-23-206

Arizona Maricopa County Phoenix 85042 South Mountain

1503 E Gary Way, Phoenix, AZ

Not Listed for Sale

Detached

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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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