NOT LISTED FOR SALE

1511 E Sheraton Ln Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $376,881

4 Beds
2.5 Baths
1,580 Sq Ft
$239/Sq Ft Est. Value

Last Sold December 21, 2012

Last sale price $120,000 $76 Per Sq Ft

Est. 214% increase in value since last sale

Current estimated payment $2,088/month

19 Days on Market

Highlights

  • Eat-In Kitchen
  • Tile Flooring
  • Grass Covered Lot
  • Phoenix Coding Academy Rated A
  • Kitchen Island
  • 4-minute walk to Ridgefield Park

About This Home

As of December 2012

A 4 Bedroom 2.5 Bath 2-Story Home.

Last Agent to Sell the Property

Henry Scott

Attorneys Realty License #BR631477000 Listed on: 10/19/2012

Last Buyer's Agent

Cynthia Rivera

DeLex Realty License #SA573133000

DeLex Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $609

Year Built

  • Built in 2004

Lot Details

  • 2,240 Sq Ft Lot
  • Block Wall Fence
  • Grass Covered Lot

Parking

  • 1 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof

Interior Spaces

  • 1,580 Sq Ft Home
  • 2-Story Property

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2.5 Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Schools

  • South Mountain High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Community Details

  • Property has a Home Owners Association
  • Brown Management Association, Phone Number (480) 539-1396
  • Built by K HOVNANIAN HOMES
  • Ridgefield Subdivision

Listing and Financial Details

  • Tax Lot 173
  • Assessor Parcel Number 113-54-190

Home Details

Home Type

Single Family

Est. Annual Taxes

$609

Year Built

Built in 2004

Lot Details

0

Parking

1

Listing Details

  • Cross Street: S 16th Street & E Roeser Rd
  • Legal Info Range: 3E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 90.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Year Built: 2004
  • Tax Year: 2012
  • Directions: GO West to S 14th Way; GO North to E Sheraton Lane; GO EAST to Home on Right Hand Side.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.05
  • Subdivision Name: RIDGEFIELD
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 90.0
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Kitchen Island, Pantry
  • Living Area: 1580.0
  • Stories: 2
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Loft: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Grass Front
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Garage Spaces: 1.0
  • Open Parking Spaces: 1.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Inside, Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: Management
  • Association Fee Frequency: Monthly
  • Association Name: Ridgefield HOA
  • Phone: 480-539-1396
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 185.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Ridgefield HOA
  • Association Fees:HOA Telephone4: 480-539-1396
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Brown Management

Schools

  • High School: South Mountain High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2240.0
  • Parcel #: 113-54-190
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: K HOVNANIAN HOMES

Tax Info

  • Tax Annual Amount: 609.1
  • Tax Book Number: 113.00
  • Tax Lot: 173
  • Tax Map Number: 54.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2021
Sold by
Palacios Jesus Manuel and Isaac Jesus Manuel
Bought by
Palacios Alejandro
Current Estimated Value
$376,881

Purchase Details

Closed on
May 28, 2016
Sold by
Palacios Alejandro
Bought by
Palacios Jesus Manuel and Isaac Jesus Manuel Palacios

Purchase Details

Listed on
Oct 19, 2012
Closed on
Nov 7, 2012
Sold by
Seastar Capital Llc
Bought by
Palacios Alejandro
Seller's Agent
Henry Scott
Attorneys Realty
Buyer's Agent
Cynthia Rivera
DeLex Realty
List Price
$124,900
Sold Price
$120,000
Premium/Discount to List
-$4,900
-3.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.36%
Original Mortgage
$117,826
Outstanding Balance
$80,878
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$296,003

Purchase Details

Closed on
Sep 26, 2012
Sold by
Dixon Vivian A
Bought by
Seastar Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,826
Outstanding Balance
$80,878
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$296,003

Purchase Details

Closed on
Nov 12, 2004
Sold by
K Hovnanian Great Western Homes Llc
Bought by
Dixon Vivian A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,613
Interest Rate
6.95%
Mortgage Type
New Conventional
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
Palacios Alejandro -- None Available
Palacios Jesus Manuel -- None Available
Palacios Alejandro $120,000 First American Title Ins Co
Seastar Capital Llc $89,000 None Available
Dixon Vivian A $132,904 Lawyers Title Ins
K Hovnanian Great Western Homes Llc $68,631 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palacios Alejandro $117,826
Previous Owner Dixon Vivian A $119,613
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2012 12/21/12 Sold $120,000 +0.3% $76 / Sq Ft
11/06/2012 11/06/12 Pending -- -- --
11/04/2012 11/04/12 Price Changed $119,700 -0.1% $76 / Sq Ft
11/01/2012 11/01/12 Price Changed $119,800 -4.1% $76 / Sq Ft
10/18/2012 10/18/12 For Sale $124,900 -- $79 / 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 $1,083 $8,222 -- --
2024 $1,050 $7,830 -- --
2023 $1,050 $23,220 $4,640 $18,580
2022 $1,028 $17,750 $3,550 $14,200
2021 $1,060 $15,700 $3,140 $12,560
2020 $1,047 $14,960 $2,990 $11,970
2019 $1,011 $13,450 $2,690 $10,760
2018 $983 $11,310 $2,260 $9,050
2017 $916 $10,480 $2,090 $8,390
2016 $869 $9,580 $1,910 $7,670
2015 $807 $7,870 $1,570 $6,300
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2012

    Henry Scott

    Attorneys Realty

  • C

    Buyer's Agent in 2012

    Cynthia Rivera

    DeLex Realty

    (480) 447-8476

    3 Total Sales

    Cynthia Rivera
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4836782

Arizona Regional Multiple Listing Service (ARMLS)

APN: 113-54-190

Arizona Maricopa County Phoenix 85040 South Mountain

1511 E Sheraton Ln, Phoenix, AZ

This home is located at 1511 E Sheraton Ln, Phoenix, AZ 85040 since 19 October 2012 and is currently priced at $376,881, approximately $238 per square foot. This property was built in 2004. 1511 E Sheraton Ln 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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