NOT LISTED FOR SALE

1640 E Cheery Lynn Rd Phoenix, AZ 85016

Estimated Value: $460,000 - $549,000

-- Bed
2 Baths
2 Sq Ft
$243,740/Sq Ft Est. Value

Last Sold July 31, 2013

Last sale price $75,000 $37,500 Per Sq Ft

Est. 550% increase in value since last sale

Current estimated payment $2,704/month

3 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Heat Pump System

About This Home

As of July 2013

owner will like to sell( 2 parcel same time)...sell as is
buyer to veridfy all numbers and assesor information...inspection only after accepted contract.
renters rigths....please drive by only....next parcel shows same address. maybe a cloud in record to be fix at c.o.e...(triplex in next parcel is for sale and must close escrow at same time)

Last Agent to Sell the Property

Homero Barrios

HomeSmart License #SA033357000 Listed on: 07/14/2013

Last Buyer's Agent

Robert Passariello

Realty Executives License #SA538257000

Realty Executives

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $786

Year Built

  • Built in 1973

Lot Details

  • 7,667

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 2 Parking Spaces
  • 1 Covered Space

Schools

  • Creighton Elementary School
  • Creighton Elementary High School

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • 2 Units
  • Building Dimensions are 50x150

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for water
  • Tax Lot 080
  • Assessor Parcel Number 119-32-080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$786

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Cross Street: 16th st and cherry lynn
  • Property Type: Multiple Dwellings
  • Zoning: multi
  • Number Of Buildings: 1
  • Year Built: 1973
  • Tax Year: 2012
  • Directions: 16th street and cherry lynn go east to property
  • Road Surface Type: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block, Other, See Remarks
  • Roof: See Remarks, Composition
  • Construction:Other (See Remarks)23: Yes
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Total Parking Spaces: 2.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 1.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking:Street Parking: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • Elementary School: Creighton Elementary School
  • High School: Creighton Elementary School

Lot Info

  • Lot Size: 50x150
  • Additional Parcels: No
  • Parcel #: 119-32-080

Multi Family

  • Owner Pays: Water
  • Tenant Pays: Cable TV
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 786.0
  • Tax Book Number: 119.00
  • Tax Lot: 080

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2025
Sold by
Rivera Teresa
Bought by
Jaquez Rivera Family Trust and Rivera
Total Days on Market
3
Current Estimated Value
$487,479

Purchase Details

Listed on
Jul 14, 2013
Closed on
Jul 24, 2013
Sold by
Zapata Miguel
Bought by
Jasquez Manuel A and Rivera Teresa
Seller's Agent
Homero Barrios
HomeSmart
Buyer's Agent
Robert Passariello
Realty Executives
List Price
$79,900
Sold Price
$75,000
Premium/Discount to List
-$4,900
-6.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.20%

Purchase Details

Closed on
Apr 23, 2004
Sold by
Madrigal Norma
Bought by
Zapata Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
7.45%
Mortgage Type
Unknown

Purchase Details

Closed on
May 2, 2002
Sold by
Marino Damaris
Bought by
Oliveras Candido

Purchase Details

Closed on
Apr 16, 2002
Sold by
Schambra Martin and Schambra Dorothy
Bought by
Olivares Candido

Purchase Details

Closed on
Aug 15, 2000
Sold by
Shaffer Gregory
Bought by
Schambra Martin A and Schambra Dorothy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,100
Interest Rate
8.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 1998
Sold by
J & B Associates
Bought by
Shaffer Douglas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,400
Interest Rate
7.13%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Jaquez Rivera Family Trust -- None Listed On Document
Jasquez Manuel A $75,000 Security Title Agency
Zapata Miguel -- Transnation Title Ins Co
Oliveras Candido -- Old Republic Title Agency
Olivares Candido $102,000 Old Republic Title Agency
Schambra Martin A $89,000 Arizona Title Agency Inc
Shaffer Douglas A $53,000 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Foresight Investment Group Llc $135,000
Previous Owner Olivares Candido $114,000
Previous Owner Olivares Candido $102,506
Previous Owner Schambra Martin A $80,100
Previous Owner Shaffer Douglas A $42,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2013 07/31/13 Sold $75,000 -6.1% $37,500 / Sq Ft
07/16/2013 07/16/13 Pending -- -- --
07/13/2013 07/13/13 For Sale $79,900 -- $39,950 / 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 $1,405 $10,809 -- --
2024 $1,389 $10,295 -- --
2023 $1,389 $35,420 $7,080 $28,340
2022 $1,335 $27,730 $5,540 $22,190
2021 $1,367 $24,110 $4,820 $19,290
2020 $1,334 $20,380 $4,070 $16,310
2019 $1,324 $18,000 $3,600 $14,400
2018 $1,297 $15,750 $3,150 $12,600
2017 $1,247 $13,030 $2,600 $10,430
2016 $1,199 $9,900 $1,980 $7,920
2015 $1,115 $8,920 $1,780 $7,140
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2013

    Homero Barrios

    HomeSmart

    Section Image
  • Robert Passariello

    Buyer's Agent in 2013

    Robert Passariello

    Realty Executives

    (480) 998-0676

    12 Total Sales

    Robert Passariello
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4967434

Arizona Regional Multiple Listing Service (ARMLS)

APN: 119-32-080

Arizona Maricopa County Phoenix 85016

1640 E Cheery Lynn Rd, Phoenix, AZ

This home is located at 1640 E Cheery Lynn Rd, Phoenix, AZ 85016 since 14 July 2013 and is currently estimated at $487,479, approximately $243,739 per square foot. This property was built in 1973. 1640 E Cheery Lynn Rd is a home located in Maricopa County with nearby schools including Loma Linda Elementary School, North 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.

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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