NOT LISTED FOR SALE

1607 E Chambers St Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $340,000 - $368,902

3 Beds
1 Bath
1,007 Sq Ft
$350/Sq Ft Est. Value

Last Sold June 21, 2022

Last sale price $250,000 $248 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,889/month

26 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Outdoor Storage
  • Phoenix Coding Academy Rated A
  • Property is near bus stop
  • Central Air

About This Home

As of June 2022

RARE Opportunity to renovate this cozy 3 bedroom home just minutes from the heart of downtown Phoenix, close to freeways, parks, shopping, dining, and just 4 miles away from Sky Harbor Airport!! The perfect blank canvas for your future home to let your imagination run wild! With No HOA and plenty of yard space the possibilities are endless! Don't miss this one of a kind opportunity!!!

Last Agent to Sell the Property

Stephanie Cerreta

HomeSmart License #SA641717000 Listed on: 05/31/2022

HomeSmart

Last Buyer's Agent

Kyle Billingsley

MAR-KEY Real Estate License #SA698999000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,483

Year Built

  • Built in 1959

Lot Details

  • 7,139 Sq Ft Lot
  • Desert faces the back of the property
  • Block Wall Fence
  • Chain Link Fence
  • Grass Covered Lot

Parking

  • 1 Carport Space

Home Design

  • Fixer Upper
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,007 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Schools

  • T G Barr Elementary And Middle School
  • South Mountain High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet

Additional Features

  • Outdoor Storage
  • Property is near bus stop

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Roeser Park Subdivision

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 122-47-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,483

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Cross Street: 16th St. & Broadway
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Community Facilities District: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1959
  • Tax Year: 2023
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: ROESER PARK
  • Architectural Style: Ranch
  • New Construction: No
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 248.26
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Eat-in Kitchen
  • Living Area: 1007.0
  • Stories: 1
  • Community Features:Near Bus Stop: Yes

Exterior Features

  • Fencing: Block, Chain Link
  • Exterior Features: Storage
  • Lot Features: Natural Desert Back, Grass Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Block
  • Property Condition: Fixer
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0

Utilities

  • Cooling: Central Air
  • 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
  • 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: T G Barr School
  • High School: South Mountain High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: T G Barr School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7139.0
  • Parcel #: 122-47-006

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 3483.0
  • Tax Book Number: 122.00
  • Tax Lot: 27
  • Tax Map Number: 47.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2022
Sold by
G & G Construction Llc
Bought by
Martinez Frances and Ortega Alexiz A
Current Estimated Value
$352,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,905
Outstanding Balance
$331,887
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$20,589

Purchase Details

Listed on
May 31, 2022
Closed on
Jun 28, 2022
Sold by
Black Arrow Capital Llc
Bought by
G & G Construction Llc
Seller's Agent
Stephanie Cerreta
HomeSmart
Buyer's Agent
Kyle Billingsley
MAR-KEY Real Estate
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.22%
Original Mortgage
$238,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 31, 2022
Closed on
Jun 27, 2022
Sold by
Salinas Ida and Salinas Ralph
Bought by
Black Arrow Capital Llc
Seller's Agent
Stephanie Cerreta
HomeSmart
Buyer's Agent
Kyle Billingsley
MAR-KEY Real Estate
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2020
Sold by
Salinas Ida
Bought by
Salinas Ida and Salinas Ralph
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Martinez Frances $359,900 Teema Title & Escrow Agency In
G & G Construction Llc $240,000 American Title Services
Black Arrow Capital Llc $250,000 American Title Services
Ruiz Alice -- American Title Services
Salinas Ralph -- American Title Services
Salinas Ida -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Frances $341,905
Previous Owner G & G Construction Llc $238,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2022 06/21/22 Sold $250,000 0.0% $248 / Sq Ft
05/12/2022 05/12/22 For Sale $250,000 -- $248 / 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 $519 $3,840 -- --
2024 $490 $3,657 -- --
2023 $490 $19,580 $3,910 $15,670
2022 $537 $14,260 $2,850 $11,410
2021 $495 $12,600 $2,520 $10,080
2020 $489 $11,250 $2,250 $9,000
2019 $473 $10,010 $2,000 $8,010
2018 $459 $8,270 $1,650 $6,620
2017 $428 $6,070 $1,210 $4,860
2016 $406 $4,810 $960 $3,850
2015 $377 $3,880 $770 $3,110
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Cerreta

    Seller's Agent in 2022

    Stephanie Cerreta

    HomeSmart

    (602) 738-2849

    1 in this area

    15 Total Sales

    Stephanie Cerreta
    Section Image

  • K

    Buyer's Agent in 2022

    Kyle Billingsley

    MAR-KEY Real Estate

    (602) 370-3132

    3 in this area

    48 Total Sales

    Kyle Billingsley
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6400710

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-47-006

Arizona Maricopa County Phoenix 85040 South Mountain

1607 E Chambers St, 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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