NOT LISTED FOR SALE

1507 E Corona Ave Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $279,000 - $364,000

3 Beds
2 Baths
1,327 Sq Ft
$249/Sq Ft Est. Value

Last Sold May 29, 2013

Last sale price $89,000 $67 Per Sq Ft

Est. 272% increase in value since last sale

Current estimated payment $1,790/month

68 Days on Market

Highlights

  • Private Yard
  • No HOA
  • Eat-In Kitchen
  • Phoenix Coding Academy Rated A
  • Covered Patio or Porch
  • Tile Flooring

About This Home

As of May 2013

Built in 2006.1327 sq ft, 3 Bedroom, 2 Bath Single Level.
2 car garage. Close to downtown and airport.

Last Agent to Sell the Property

Kathy Romano

Russ Lyon Sotheby's International Realty License #BR107174000 Listed on: 02/07/2013

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Guadalupe Marquez

Equity Realty Group, LLC License #SA542218000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $450

Year Built

  • Built in 2006

Lot Details

  • 6,000 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Private Yard

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,327 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered Patio or Porch

Schools

  • Roosevelt Elementary School
  • South Mountain High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Pomona Place Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 113-55-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$450

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Broadway & 16th Sreet
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Energy Green Feature H E R S Rating: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 2006
  • Tax Year: 2012
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.14
  • Subdivision Name: Pomona Place
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 67.06
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Full Bth Master Bdrm
  • Living Area: 1327.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:None42: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio, Private Yard
  • Lot Features: Desert Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: None
  • 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: Roosevelt Elementary School
  • High School: South Mountain High School
  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6000.0
  • Parcel #: 113-55-014
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 450.22
  • Tax Book Number: 113.00
  • Tax Lot: 10
  • Tax Map Number: 55.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2013
Closed on
Apr 18, 2013
Sold by
Seoul Sisters Llc
Bought by
Martinez Narcisa Lopez
Seller's Agent
Kathy Romano
Russ Lyon Sotheby's International Realty
Buyer's Agent
Guadalupe Marquez
Equity Realty Group, LLC
List Price
$99,900
Sold Price
$89,000
Premium/Discount to List
-$10,900
-10.91%
Current Estimated Value
$330,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,721
Avg. Annual Appreciation
10.92%
Original Mortgage
$87,387
Outstanding Balance
$61,767
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$268,954

Purchase Details

Closed on
Nov 23, 2009
Sold by
Tamayo Teresa
Bought by
Seoul Sisters Llc

Purchase Details

Closed on
Oct 6, 2006
Sold by
Magana Antonio Del Rio
Bought by
Tamayo Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,800
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2006
Sold by
The Property Investors Llc
Bought by
Chacon Soledad C

Purchase Details

Closed on
Sep 20, 2005
Sold by
King Richard D and King Angel K
Bought by
The Property Investors Llc

Purchase Details

Closed on
Jul 15, 2005
Sold by
King Richard D and King Arlene
Bought by
King Richard D and King Angel K
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
Martinez Narcisa Lopez $89,000 First American Title Ins Co
Seoul Sisters Llc $45,000 Magnus Title Agency
Tamayo Teresa -- Lawyers Title Insurance Corp
Tamayo Teresa -- Lawyers Title Insurance Corp
Chacon Soledad C $25,000 Camelback Title Agency Llc
The Property Investors Llc $80,000 Camelback Title Agency Llc
King Richard D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Narcisa Lopez $87,387
Previous Owner Tamayo Teresa $164,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2013 05/29/13 Sold $89,000 -10.9% $67 / Sq Ft
04/16/2013 04/16/13 Pending -- -- --
03/29/2013 03/29/13 For Sale $99,900 0.0% $75 / Sq Ft
02/07/2013 02/07/13 For Sale $99,900 -- $75 / 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 $868 $6,422 -- --
2024 $820 $6,116 -- --
2023 $820 $28,320 $5,660 $22,660
2022 $803 $21,880 $4,370 $17,510
2021 $828 $19,450 $3,890 $15,560
2020 $818 $19,950 $3,990 $15,960
2019 $790 $13,150 $2,630 $10,520
2018 $767 $13,220 $2,640 $10,580
2017 $715 $11,360 $2,270 $9,090
2016 $679 $10,020 $2,000 $8,020
2015 $631 $8,500 $1,700 $6,800
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2013

    Kathy Romano

    Russ Lyon Sotheby's International Realty

    Section Image

  • G

    Buyer's Agent in 2013

    Guadalupe Marquez

    Equity Realty Group, LLC

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4887503

Arizona Regional Multiple Listing Service (ARMLS)

APN: 113-55-014

Arizona Maricopa County Phoenix 85040 South Mountain

1507 E Corona Ave, Phoenix, AZ

Not Listed for Sale

Detached

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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