NOT LISTED FOR SALE

1581 E Cheery Lynn Rd Phoenix, AZ 85014

Estimated Value: $593,000 - $637,000

3 Beds
2 Baths
1,464 Sq Ft
$419/Sq Ft Est. Value

Last Sold February 18, 2021

Last sale price $460,000 $314 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,489/month

4 Days on Market

Highlights

  • The property is located in a historic district
  • Solar Power System
  • No HOA
  • Phoenix Coding Academy Rated A
  • Wood Flooring
  • Balcony

About This Home

As of February 2021

Immerse yourself in this stunning 1930's National Historic Registered residence on a palm tree lined street, carefully restored and updated. Original solid oak floors, kitchen including custom cabinets and quartz countertops. The basement features a separate entry, kitchen, bath and laundry – all on its own electric service and solar features! This would also make a perfect office/guest quarters/Airbnb! The charming fireplace, vaulted ceilings and light and bright ''Cheery'' family room feature expansive windows and gracious entertaining. Custom wood deck, breathtaking private backyard and oversized storage shed finish this outstanding property. Unbeatable location in the heart of Phoenix, don't miss the chance to own a special piece of history in the coveted Cheery Lynn historic district! Residence also features electric car charging system!

Last Agent to Sell the Property

Sacha Blanchet

Coldwell Banker Realty License #SA576120000 Listed on: 01/14/2021

Coldwell Banker Realty

Co-Listed By

John Groves

Coldwell Banker Realty License #SA640644000

Last Buyer's Agent

Sacha Blanchet

Coldwell Banker Realty License #SA576120000 Listed on: 01/14/2021

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,016

Year Built

  • Built in 1930

Lot Details

  • 6,003 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence
  • Chain Link Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 1 Open Parking Space

Home Design

  • Brick Exterior Construction
  • Shake Roof

Interior Spaces

  • 1,464 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • Solar Screens
  • Living Room with Fireplace
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Electric Cooktop
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • Balcony
  • Outdoor Storage
  • Playground

Location

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

Schools

  • Lincoln Elementary School
  • Osborn Middle School
  • North High School

Utilities

  • Zoned Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Tax Lot 73
  • Assessor Parcel Number 118-12-074

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,016

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Cross Street: THOMAS & 16TH STREET
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: Y
  • Parking Spaces Slab Parking Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1930
  • Tax Year: 2020
  • Directions: NORTH ON 16TH ST TO CHEERY LYNN, WEST TO PROPERTY.
  • Master Model: Cheery Lane
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.14
  • Co List Office Mls Id: cbrb02
  • Co List Office Phone: 602-954-6888
  • Subdivision Name: CHEERY LYNN
  • Architectural Style: Other
  • Efficiency: Solar Panels, Multi-Zones
  • Property Attached Yn: No
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Construction Brick: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Basement: Finished, Full
  • Flooring: Wood
  • Basement YN: Yes
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Accessibility Features: Exterior Curb Cuts
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet
  • Living Area: 1464.0
  • Stories: 1
  • Window Features: Skylight(s), Solar Screens
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Historic District: Yes
  • Basement Description:Finished2: Yes
  • Basement Description:Full: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Chain Link, Wood
  • Exterior Features: Playground, Balcony, Storage
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Brick
  • Other Structures: Gazebo
  • Roof: Shake
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:GazeboRamada: Yes

Garage/Parking

  • Open Parking Spaces: 1.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: 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 Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Lincoln 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: 6003.0
  • Parcel #: 118-12-074

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1016.0
  • Tax Book Number: 118.00
  • Tax Lot: 73
  • Tax Map Number: 12.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2021
Closed on
Jan 28, 2021
Sold by
Smith Robert Jacob and Kress Bianca
Bought by
Lanier Sara
Seller's Agent
Sacha Blanchet
Coldwell Banker Realty
Buyer's Agent
Sacha Blanchet
Coldwell Banker Realty
List Price
$429,000
Sold Price
$460,000
Premium/Discount to List
$31,000
7.23%
Current Estimated Value
$613,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,804
Avg. Annual Appreciation
6.79%
Original Mortgage
$368,000
Outstanding Balance
$331,111
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$282,693

Purchase Details

Listed on
Jan 14, 2021
Closed on
Jan 13, 2021
Sold by
Smith Susan K
Bought by
Smith Susan K and Smith Robert Jacob
Seller's Agent
Sacha Blanchet
Coldwell Banker Realty
Buyer's Agent
Sacha Blanchet
Coldwell Banker Realty
List Price
$429,000
Sold Price
$460,000
Premium/Discount to List
$31,000
7.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Outstanding Balance
$331,111
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$282,693

Purchase Details

Closed on
Mar 24, 2005
Sold by
Chippindall Andrew and Korus Jamie
Bought by
Smith Susan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 2003
Sold by
Lodmell Douglass S
Bought by
Chippindall Andrew and Korus Jamie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,700
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2000
Sold by
Armstrong John A and Prior Joan K
Bought by
Lodmell Douglass S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.15%
Mortgage Type
Seller Take Back
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
Lanier Sara $460,000 Equity Title Agency Inc
Smith Susan K -- None Listed On Document
Smith Susan K $325,000 Security Title Agency Inc
Chippindall Andrew $193,000 Fidelity National Title
Lodmell Douglass S $175,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lanier Sara $368,000
Previous Owner Smith Susan K $198,635
Previous Owner Smith Susan K $25,000
Previous Owner Smith Susan K $225,000
Previous Owner Chippindall Andrew $172,800
Previous Owner Chippindall Andrew $173,700
Previous Owner Lodmell Douglass S $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2021 02/18/21 Sold $460,000 +7.2% $314 / Sq Ft
01/18/2021 01/18/21 Pending -- -- --
01/14/2021 01/14/21 For Sale $429,000 -- $293 / 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 $1,067 $8,500 -- --
2024 $1,030 $8,096 -- --
2023 $1,030 $20,685 $4,135 $16,550
2022 $1,025 $16,365 $3,270 $13,095
2021 $1,042 $15,180 $3,035 $12,145
2020 $1,016 $13,610 $2,720 $10,890
2019 $972 $13,735 $2,745 $10,990
2018 $940 $14,265 $2,850 $11,415
2017 $862 $11,905 $2,380 $9,525
2016 $832 $11,430 $2,285 $9,145
2015 $774 $9,700 $1,940 $7,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6181210

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-12-074