$438,000 - $521,000
RENTED JAN 15, 2025

1616 W Paseo Way Phoenix, AZ 85041

South Mountain Neighborhood
4 Beds
3 Baths
2,264 Sq Ft
$216 Price per Sq Ft

Last Sold July 28, 2023

Last sale price $489,990 $216 Per Sq Ft

Current estimated payment $2,815/month

About This Home

As of July 2023

** $300 CREDITED TOWARD MOVE IN COSTS! **
***Move in special 2 weeks free rent with a move in by 12-10-2024*****
Welcome to this stunning 2,264 sq. ft. home in the desirable Dobbins Heights community! Featuring 4 bedrooms and 3 baths, this residence offers an elegant split floor plan with a separate living area at the foyer and an open-concept great room. The kitchen is a chef's dream, boasting quartz countertops, modern white cabinetry, a spacious island, and stainless steel appliances, including a refrigerator, oven, microwave, and dishwasher. The primary suite offers a luxurious bath with double sinks, a separate tub and shower, and a walk-in closet. Enjoy the convenience of in-home laundry with a washer and dryer included. The property also features a two-car garage.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2023
Closed on
Jul 28, 2023
Sold by
Lennar Arizona Llc
Bought by
Sharma Manoj Kumar
Seller's Agent
Joanne Hall
Lennar Sales Corp
Buyer's Agent
Aradhana Jain
Coldwell Banker Realty
List Price
$512,990
Sold Price
$489,990
Premium/Discount to List
-$23,000
-4.48%
Views
19
Current Estimated Value
$488,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,180
Avg. Annual Appreciation
-0.13%
Original Mortgage
$440,991
Outstanding Balance
$432,887
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$55,923
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Sharma Manoj Kumar $489,990 Lennar Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharma Manoj Kumar $440,991
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2025 01/15/25 Rented $2,450 0.0% --
12/31/2024 12/31/24 Under Contract -- -- --
12/19/2024 12/19/24 Price Changed $2,450 -1.8% $1 / Sq Ft
12/05/2024 12/05/24 For Rent $2,495 0.0% --
07/28/2023 07/28/23 Sold $489,990 0.0% $216 / Sq Ft
06/23/2023 06/23/23 Pending -- -- --
06/20/2023 06/20/23 Price Changed $489,990 -3.9% $216 / Sq Ft
06/13/2023 06/13/23 Price Changed $509,990 -0.6% $225 / Sq Ft
06/09/2023 06/09/23 For Sale $512,990 -- $227 / Sq Ft

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 $2,647 $20,094 -- --
2024 $187 $19,138 -- --
2023 $187 $8,550 $8,550 $0
2022 $183 $2,460 $2,460 $0
2021 $187 $1,890 $1,890 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2025

    Carrie DeRaps

    On Q Property Management

    (480) 518-9910

    Carrie DeRaps
    Section Image

  • N

    Buyer's Agent in 2025

    Non-MLS Agent

    Non-MLS Office

  • J

    Seller's Agent in 2023

    Joanne Hall

    Lennar Sales Corp

    (623) 236-3376

    65 in this area

    1,066 Total Sales

    Joanne Hall
    Section Image
  • Aradhana Jain

    Buyer's Agent in 2023

    Aradhana Jain

    Coldwell Banker Realty

    (480) 767-6900

    2 in this area

    47 Total Sales

    Aradhana Jain
    Section Image
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Map

Arizona Maricopa County Phoenix 85041 South Mountain

1616 W Paseo Way, Phoenix, AZ

This home is located at 1616 W Paseo Way, Phoenix, AZ 85041 and is currently estimated at $488,810, approximately $215 per square foot. 1616 W Paseo Way is a home located in Maricopa County with nearby schools including Southwest Elementary School, Cesar Chavez 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.

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