$160,000
SOLD OCT 6, 2015

1622 N 27th Place Phoenix, AZ 85008

3 Beds
2 Baths
1,962 Sq Ft
0.31 Acres

Recently Sold

$82 Per Sq Ft

22% Below List Price

23 Days on Market

Highlights

  • Vaulted Ceiling
  • No HOA
  • Eat-In Kitchen
  • The Creighton Academy Rated 9+
  • Covered Patio or Porch
  • Double Pane Windows

About This Home

As of April 2023

REO PROPERTY. Rare newer construction on a huge 13,500+ sq foot lot near Downtown Phoenix, Sky Harbor & I-10. High vaulted ceilings, 10 foot ceilings throughout bedrooms. Large covered patio. Lot extends past the block wall. Home is in rough shape and needs TLC, but excellent floorplan and will be a beautiful home with some work. Large front living/dining room and family room with fireplace and huge kitchen in the back half of the home. French doors off the great room lead to the backyard. Fully blocked fenced, along with wrought iron front yard fence with rolling gate. Can be a very private yard with plenty of space for storage and additional structures. Great opportunity for a modern floorplan in the heart of Phoenix.

Last Agent to Sell the Property

Gene Montemore

Compass License #SA531107000 Listed on: 08/28/2015

Compass

Co-Listed By

Gary May

NextHome City to City License #BR007509000

Last Buyer's Agent

Alexander DeFalco

Real Broker License #SA585941000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $935

Year Built

  • Built in 1999

Lot Details

  • 0.31 Acre Lot
  • Desert faces the front of the property
  • Wrought Iron Fence
  • Block Wall Fence

Parking

  • 2 Car Garage

Home Design

  • Fixer Upper
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,962 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Linoleum
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Creighton Elementary School
  • Camelback High School

Utilities

  • Refrigerated Cooling System
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Built by Custom

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 120-29-125-D

Home Details

Home Type

Single Family

Est. Annual Taxes

$935

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Cross Street: McDowell / 24th St
  • Legal Info Range: 3E
  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1999
  • Tax Year: 2014
  • Directions: (E) to 27th Pl, (N) to property on left.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.31
  • Co List Office Mls Id: rllr01
  • Co List Office Phone: 480-295-4500
  • Subdivision Name: Metes & Bounds
  • New Construction: No
  • Property Attached Yn: No
  • Tax Parcel Letter: D
  • ResoBuildingAreaSource: Assessor
  • Windows:Dual Pane: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Linoleum, Concrete
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, 9+ Flat Ceilings, No Interior Steps, Vaulted Ceiling(s), High Speed Internet
  • Living Area: 1962.0
  • Stories: 1
  • Window Features: Double Pane Windows
  • Kitchen Features:Dishwasher2: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Fireplace:Gas Fireplace: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Covered Patio(s), Storage
  • Lot Features: Desert Front, Dirt Front, Dirt Back
  • Pool Features: None
  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Property Condition: Fixer
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Refrigeration
  • Heating: Other, See Remarks
  • Laundry Features: Inside, Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Other4: Yes
  • Heating:See Remarks3: Yes

Condo/Co-op/Association

  • Amenities: None
  • 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

Schools

  • Elementary School: Creighton Elementary School
  • High School: Camelback High School
  • Middle Or Junior School: Creighton Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13532.0
  • Parcel #: 120-29-125-D
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 935.0
  • Tax Book Number: 120.00
  • Tax Lot: 1
  • Tax Map Number: 29.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2023
Closed on
Apr 14, 2023
Sold by
Black Arrow Capital Llc
Bought by
Denner Llc
Seller's Agent
Yoyi Mi
Smart Choice Realty, LLC
Buyer's Agent
Matthew Turner
Property Hub LLC
List Price
$449,998
Sold Price
$405,000
Premium/Discount to List
-$44,998
-10%
Views
85
Current Estimated Value
$543,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,842
Avg. Annual Appreciation
9.58%
Original Mortgage
$332,000
Outstanding Balance
$323,536
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$179,948

Purchase Details

Listed on
Apr 1, 2023
Closed on
Apr 13, 2023
Sold by
Black Arrow Capital Llc
Bought by
Denner Llc
Seller's Agent
Yoyi Mi
Smart Choice Realty, LLC
Buyer's Agent
Matthew Turner
Property Hub LLC
List Price
$449,998
Sold Price
$405,000
Premium/Discount to List
-$44,998
-10%
Views
85

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Outstanding Balance
$323,536
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$179,948

Purchase Details

Listed on
Aug 19, 2017
Closed on
Oct 19, 2017
Sold by
Od Arizona D Llc
Bought by
Chao Pong
Seller's Agent
Jacqueline Moore
Opendoor Brokerage, LLC
Buyer's Agent
Yoyi Mi
Smart Choice Realty, LLC
List Price
$289,000
Sold Price
$287,000
Premium/Discount to List
-$2,000
-0.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.49%
Original Mortgage
$215,250
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2017
Sold by
Cand Philippe
Bought by
Od Arizona D Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000,000
Interest Rate
3.88%
Mortgage Type
Construction

Purchase Details

Listed on
Mar 20, 2016
Closed on
Jun 14, 2016
Sold by
Cand Vesna and Cand Philippe
Bought by
Cand Philippe
Seller's Agent
Larry Freeman
My Home Group Real Estate
Buyer's Agent
Claudie Secco
CDS Realty
List Price
$295,000
Sold Price
$275,500
Premium/Discount to List
-$19,500
-6.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.83%
Original Mortgage
$234,175
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 28, 2015
Closed on
Oct 2, 2015
Sold by
Bmo Harris Bank Na
Bought by
Endless Possibilities Llc
Seller's Agent
Gene Montemore
Compass
Buyer's Agent
Alexander DeFalco
Real Broker
List Price
$205,000
Sold Price
$160,000
Premium/Discount to List
-$45,000
-21.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
100.71%

Purchase Details

Closed on
May 12, 2015
Sold by
American Indian Prevention Coalition Inc
Bought by
Bmo Harris Bank Na

Purchase Details

Closed on
Oct 10, 2003
Sold by
Alvarez Jesus S
Bought by
American Indian Prevention Coalition

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,925
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 1999
Sold by
Alvarez Maria
Bought by
Alvarez Jesus S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,600
Interest Rate
10.25%

Purchase Details

Closed on
Sep 25, 1998
Sold by
Wente Kevin A
Bought by
Alvarez Jesus and Alvarez Maria
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $415,000 American Title Service Agency
Warranty Deed $405,000 American Title Service Agency
Warranty Deed $415,000 American Title Service Agency
Warranty Deed $405,000 American Title Service Agency
Warranty Deed $287,000 Fidelity National Title Agen
Warranty Deed $275,000 Fidelity National Title Agen
Interfamily Deed Transfer -- Great American Title Agency
Warranty Deed $275,500 Great American Title Agency
Cash Sale Deed $160,000 Security Title Agency Inc
Trustee Deed $163,500 None Available
Warranty Deed $179,900 Century Title Agency Inc
Interfamily Deed Transfer -- Capital Title Agency Inc
Joint Tenancy Deed $16,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $332,000 New Conventional
Closed $332,000 New Conventional
Previous Owner $215,250 New Conventional
Previous Owner $150,000,000 Construction
Previous Owner $234,175 New Conventional
Previous Owner $50,000 Unknown
Previous Owner $134,925 Purchase Money Mortgage
Previous Owner $129,600 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2023 04/14/23 Sold $405,000 -10.0% $206 / Sq Ft
04/04/2023 04/04/23 Pending -- -- --
04/02/2023 04/02/23 For Sale $449,998 +56.8% $229 / Sq Ft
10/23/2017 10/23/17 Sold $287,000 0.0% $146 / Sq Ft
09/20/2017 09/20/17 Pending -- -- --
09/14/2017 09/14/17 Price Changed $287,000 -0.7% $146 / Sq Ft
08/19/2017 08/19/17 For Sale $289,000 +4.9% $147 / Sq Ft
07/18/2016 07/18/16 Sold $275,500 -1.6% $140 / Sq Ft
06/11/2016 06/11/16 Pending -- -- --
06/02/2016 06/02/16 Price Changed $280,000 -1.7% $143 / Sq Ft
05/08/2016 05/08/16 Price Changed $284,900 -1.7% $145 / Sq Ft
04/13/2016 04/13/16 Price Changed $289,900 -1.7% $148 / Sq Ft
03/20/2016 03/20/16 For Sale $295,000 +84.4% $150 / Sq Ft
10/06/2015 10/06/15 Sold $160,000 -22.0% $82 / Sq Ft
09/19/2015 09/19/15 Pending -- -- --
08/27/2015 08/27/15 For Sale $205,000 -- $104 / 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 $1,339 $10,300 -- --
2024 $1,324 $9,810 -- --
2023 $1,324 $41,220 $8,240 $32,980
2022 $1,272 $32,020 $6,400 $25,620
2021 $1,303 $31,770 $6,350 $25,420
2020 $1,271 $24,770 $4,950 $19,820
2019 $1,262 $20,310 $4,060 $16,250
2018 $1,236 $17,230 $3,440 $13,790
2017 $1,055 $15,020 $3,000 $12,020
2016 $1,142 $13,400 $2,680 $10,720
2015 $1,063 $11,010 $2,200 $8,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5326512

Arizona Regional Multiple Listing Service (ARMLS)

APN: 120-29-125D