NOT LISTED FOR SALE

1509 E Marguerite Ave Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $285,000 - $318,000

2 Beds
1 Bath
1,318 Sq Ft
$230/Sq Ft Est. Value

Last Sold October 09, 2019

Last sale price $165,000 $125 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $1,680/month

Highlights

  • No HOA
  • Breakfast Bar
  • Central Air
  • Phoenix Coding Academy Rated A
  • Tile Flooring
  • Grass Covered Lot

About This Home

As of October 2019

Great Investment Opportunity. Property is currently leased. 2 bedroom 1 bath with spacious living area. Tile throughout home except bedrooms. Irrigation is available for this lot.

Last Agent to Sell the Property

Mariel Leon

A.Z. & Associates Brokerage Phone: 623-271-9742 License #SA649092000 Listed on: 08/23/2019

A.Z. & Associates

Co-Listed By

Jilario Leon

A.Z. & Associates Brokerage Phone: 623-271-9742 License #SA686898000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $354

Year Built

  • Built in 1945

Lot Details

  • 7,100 Sq Ft Lot
  • Chain Link Fence
  • Grass Covered Lot

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,318 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Built-In Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Schools

  • South Valley Jr. High Middle School
  • South Mountain High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

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

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 113-55-034

Home Details

Home Type

Single Family

Est. Annual Taxes

$354

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Cross Street: 16 ST @ BROADWAY
  • 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
  • Separate Den Office Sep Den Office: N
  • Year Built: 1945
  • Tax Year: 2018
  • Directions: Broadway and head South on 16th St. Head West on Marguerite Ave. House on South side of street.
  • Attribution Contact: 623-271-9742
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.16
  • Co List Office Mls Id: liber003
  • Co List Office Phone: 623-271-9742
  • Subdivision Name: POMONA PLACE
  • Property Attached Yn: No
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Breakfast Bar
  • Living Area: 1318.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Chain Link
  • Lot Features: Grass Front
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: 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

  • High School: South Mountain High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: South Valley Jr. High

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7100.0
  • Parcel #: 113-55-034

Building Info

  • Builder Name: 0

Tax Info

  • Tax Annual Amount: 354.0
  • Tax Book Number: 113.00
  • Tax Lot: 23
  • Tax Map Number: 55.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2019
Closed on
Sep 25, 2019
Sold by
Leon Javiel R and Leon Lois L
Bought by
Lash Verna Jean
Seller's Agent
Mariel Leon
A.Z. & Associates
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$165,000
Sold Price
$165,000
Current Estimated Value
$302,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,833
Avg. Annual Appreciation
10.26%

Purchase Details

Closed on
Mar 27, 2006
Sold by
Farnsworth Charles Melford and Farnsworth Kimberly J
Bought by
Leon Javiel R and Leon Lois L

Purchase Details

Closed on
Feb 2, 2000
Sold by
Farnsworth Charles Melford
Bought by
Farnsworth Charles Melford and Farnsworth Kimberly J
Source: Public Records

Range of Values:

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Average Value
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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
Lash Verna Jean $165,000 Driggs Title Agency Inc
Leon Javiel R $105,000 Equity Title Agency Inc
Farnsworth Charles Melford -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2019 10/09/19 Sold $165,000 0.0% $125 / Sq Ft
08/28/2019 08/28/19 For Sale $165,000 0.0% $125 / Sq Ft
08/23/2019 08/23/19 Pending -- -- --
08/23/2019 08/23/19 For Sale $165,000 -- $125 / 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 $391 $2,664 -- --
2024 $380 $2,537 -- --
2023 $380 $20,300 $4,060 $16,240
2022 $373 $14,930 $2,980 $11,950
2021 $380 $13,060 $2,610 $10,450
2020 $375 $12,780 $2,550 $10,230
2019 $363 $7,830 $1,560 $6,270
2018 $354 $7,220 $1,440 $5,780
2017 $337 $5,380 $1,070 $4,310
2016 $320 $4,550 $910 $3,640
2015 $302 $3,950 $790 $3,160
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Mariel Leon

    A.Z. & Associates Real Estate Group

    (602) 488-9485

    14 in this area

    57 Total Sales

    Mariel Leon
    Section Image

  • J

    Seller Co-Listing Agent in 2019

    Jilario Leon

    A.Z. & Associates Real Estate Group

    (623) 297-9767

    8 in this area

    32 Total Sales

    Jilario Leon
    Section Image

  • N

    Buyer's Agent in 2019

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5969174

Arizona Regional Multiple Listing Service (ARMLS)

APN: 113-55-034

Arizona Maricopa County Phoenix 85040 South Mountain

1509 E Marguerite Ave, Phoenix, AZ

This home is located at 1509 E Marguerite Ave, Phoenix, AZ 85040 since 23 August 2019 and is currently estimated at $302,833, approximately $229 per square foot. This property was built in 1945. 1509 E Marguerite Ave is a home located in Maricopa County with nearby schools including Irene Lopez 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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