NOT LISTED FOR SALE

1565 E Cheery Lynn Rd Phoenix, AZ 85014

Estimated Value: $504,000 - $543,000

2 Beds
1 Bath
1,257 Sq Ft
$414/Sq Ft Est. Value

Last Sold October 06, 2021

Last sale price $435,000 $346 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,984/month

35 Days on Market

Highlights

  • The property is located in a historic district
  • RV Access or Parking
  • 1 Fireplace
  • Phoenix Coding Academy Rated A
  • Wood Flooring
  • No HOA

About This Home

As of October 2021

Rare Tudor Revival style home in the charming Cheery Lynn Historic District! The property features stunning white oak floors, cove ceilings, wood burning fireplace (see notes), plantation shutters, separate garage/storage area, and a basement that currently functions as a laundry room but has enough room for more storage or to be converted into a separate room/wine cellar. Get Creative!!! So many options to add extra living space! The home has had only two owners over the past 40 years and has been meticulously maintained with substantial recent improvements including: Copper plumbing (2005), new HVAC (2020), recently remodeled kitchen (2018) with a Viking Gas Range and stainless steel appliances, interior walls have been re-textured and painted (2018), new light fixtures/ceiling fans (2018), new driveway gate (2019), and more!
The bathroom was expanded into the master bedroom closet, so you will see only one main closet in the second bedroom. The additional den/family room is super cozy with lots of natural light. This home has such an old-world charm and is situated on a highly sought after and quiet, tree lined street.
This is your opportunity to own a piece of historic downtown Phoenix. Come make this piece of history yours!

Last Agent to Sell the Property

Robert Rierson

HomeSmart License #SA683269000 Listed on: 08/09/2021

Last Buyer's Agent

Fred Delgado

TruCORE Agency License #SA578542000

TruCORE Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,192

Year Built

  • Built in 1927

Lot Details

  • 5,955 Sq Ft Lot
  • Block Wall Fence
  • Front Yard Sprinklers
  • Grass Covered Lot

Parking

  • 1 Car Detached Garage
  • 4 Open Parking Spaces
  • 1 Carport Space
  • Side or Rear Entrance to Parking
  • RV Access or Parking

Home Design

  • Designed by Tudor Revival Architects
  • Composition Roof
  • Block Exterior
  • Stone Exterior Construction

Interior Spaces

  • 1,257 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows
  • Security System Leased

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 1 Bathroom

Basement

  • Walk-Out Basement
  • Partial Basement

Outdoor Features

  • Covered patio or porch
  • Outdoor Storage

Location

  • Property is near a bus stop
  • The property is located in a historic district

Schools

  • Longview Elementary School
  • Osborn Middle School
  • North High School

Farming

  • Flood Irrigation

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Cheery Lynn Subdivision, Tudor Revival Floorplan

Listing and Financial Details

  • Tax Lot 67
  • Assessor Parcel Number 118-12-068

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,192

Year Built

Built in 1927

Lot Details

0

Parking

1

Listing Details

  • Cross Street: Osborn & 16th Street
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Architect Architect: Tudor Revival
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: Y
  • Cooling HVAC SEER Rating: 14
  • Updated Plumbing: Full
  • Items Updated Plmbg Yr Updated: 2005
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1927
  • Tax Year: 2020
  • Master Model: Tudor Revival
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.14
  • Subdivision Name: CHEERY LYNN
  • Architectural Style: Other
  • Property Attached Yn: No
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access, Partial
  • Flooring: Tile, Wood
  • Basement YN: Yes
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Full Bth Master Bdrm
  • Living Area: 1257.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Gas: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Historic District: Yes
  • Other Rooms:Separate Workshop: Yes
  • Basement Description:Walkout: Yes
  • Basement Description:Partial: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: See Remarks, Other, Block
  • Exterior Features: Other, Storage
  • Lot Features: Sprinklers In Front, Grass Front, Grass Back, Irrigation Front, Flood Irrigation
  • Pool Features: None
  • View: City Light View(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stone, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Other6: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV Access/Parking, RV Gate, Separate Strge Area, Side Vehicle Entry, Detached
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Garage Spaces: 1.0
  • Open Parking Spaces: 4.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Detached: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Ceiling Fan(s), Programmable Thmstat
  • Heating: Natural Gas
  • Security: Security System Leased
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop, Historic District
  • 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: Longview Elementary School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Osborn Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5955.0
  • Parcel #: 118-12-068

Building Info

  • Builder Name: N/A

Tax Info

  • Tax Annual Amount: 1192.0
  • Tax Book Number: 118.00
  • Tax Lot: 67
  • Tax Map Number: 12.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2021
Closed on
Sep 16, 2021
Sold by
1565 Cheery Lynn Llc
Bought by
Rojas Virginio Lopez
Seller's Agent
Robert Rierson
HomeSmart
Buyer's Agent
Fred Delgado
TruCORE Agency
List Price
$445,000
Sold Price
$435,000
Premium/Discount to List
-$10,000
-2.25%
Current Estimated Value
$520,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,031
Avg. Annual Appreciation
4.82%
Original Mortgage
$408,500
Outstanding Balance
$375,732
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$144,299

Purchase Details

Listed on
Mar 28, 2019
Closed on
Oct 16, 2019
Sold by
Rierson Robert Stephen
Bought by
1565 Cherry Lynn Llc
Seller's Agent
Tamara Stiffler
HomeSmart Realty
Buyer's Agent
Robert Rierson
HomeSmart
List Price
$379,000
Sold Price
$275,650
Premium/Discount to List
-$103,350
-27.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.26%

Purchase Details

Listed on
Mar 28, 2019
Closed on
Jul 16, 2019
Sold by
Perea Jerold J
Bought by
Rierson Robert
Seller's Agent
Tamara Stiffler
HomeSmart Realty
Buyer's Agent
Robert Rierson
HomeSmart
List Price
$379,000
Sold Price
$275,650
Premium/Discount to List
-$103,350
-27.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,737
Interest Rate
3.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Rojas Virginio Lopez $435,000 Lawyers Title Of Arizona Inc
1565 Cherry Lynn Llc -- Accommodation
Rierson Robert $275,650 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rojas Virginio Lopez $408,500
Previous Owner Rierson Robert $206,737
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2021 10/06/21 Sold $435,000 -2.2% $346 / Sq Ft
09/09/2021 09/09/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $445,000 +61.4% $354 / Sq Ft
08/30/2019 08/30/19 Sold $275,650 -12.5% $219 / Sq Ft
07/15/2019 07/15/19 Pending -- -- --
06/27/2019 06/27/19 Price Changed $315,000 -3.1% $251 / Sq Ft
06/03/2019 06/03/19 Price Changed $325,000 -3.0% $259 / Sq Ft
05/14/2019 05/14/19 Price Changed $335,000 -2.0% $267 / Sq Ft
04/28/2019 04/28/19 Price Changed $342,000 -5.0% $272 / Sq Ft
04/15/2019 04/15/19 Price Changed $360,000 -5.0% $286 / Sq Ft
03/28/2019 03/28/19 For Sale $379,000 -- $302 / 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 $1,252 $9,976 -- --
2024 $1,209 $9,501 -- --
2023 $1,209 $18,200 $3,640 $14,560
2022 $1,203 $14,335 $2,865 $11,470
2021 $1,223 $13,315 $2,660 $10,655
2020 $1,192 $11,910 $2,380 $9,530
2019 $1,140 $11,960 $2,390 $9,570
2018 $1,103 $12,555 $2,510 $10,045
2017 $1,012 $10,550 $2,110 $8,440
2016 $611 $8,235 $1,645 $6,590
2015 $568 $6,840 $1,365 $5,475
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6275024

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-12-068