NOT LISTED FOR SALE

1843 E Cheery Lynn Rd Phoenix, AZ 85016

Estimated Value: $435,518 - $539,000

-- Bed
-- Bath
1,600 Sq Ft
$305/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $365,000 $228 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,851/month

6 Days on Market

Highlights

  • Central Air
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of March 2021

Great opportunity to own a duplex right in Phoenix! Newer roof and AC unit. You can owner-occupy one and rent out the other. Landlord pays water/sewer/trash. Separately metered for electric. Two covered parking spaces in back for residents. Very well maintained property right near the 51, Phoenix Children's, and much more! There is a one-bedroom unit and a two-bedroom unit. The two-bedroom unit is vacant. The one-bedroom unit is on a month to month lease. This is an attached duplex.

Last Agent to Sell the Property

Cody Swartz

Schwarz & Weiss Realty, Inc License #BR649195000 Listed on: 03/11/2021

Last Buyer's Agent

Laurie Johnson

Keller Williams Arizona Realty License #BR633363000

Keller Williams Arizona Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,210

Year Built

  • Built in 1962

Lot Details

  • Property fronts an alley

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 2 Parking Spaces
  • Carport

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, landscaping
  • Tax Lot 2
  • Assessor Parcel Number 119-26-036

Community Details

Overview

  • 2 Units
  • Building Dimensions are 6200 sqft
  • Dorothy Lee Villa Subdivision

Building Details

  • Operating Expense $1,210

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,210

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Cross Street: 16th St and Thomas
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1962
  • Tax Year: 2020
  • Road Frontage Type: Alley
  • Subdivision Name: DOROTHY LEE VILLA
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: Other
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Carport
  • Attached Garage: No
  • Total Parking Spaces: 2.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking Features:Carport: Yes

Utilities

  • Electric: APS
  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 6200 sqft
  • Additional Parcels: No
  • Parcel #: 119-26-036

Multi Family

  • Owner Pays: Trash Collection, Water, Landscaping
  • Number Of Units Total: 2
  • Annual Operating Expense: 1210.0

Tax Info

  • Tax Annual Amount: 1210.0
  • Tax Book Number: 119.00
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2021
Closed on
Mar 24, 2021
Sold by
Bradley Earll Llc
Bought by
Fink Deborah E
Seller's Agent
Cody Swartz
Schwarz & Weiss Realty, Inc
Buyer's Agent
Laurie Johnson
Keller Williams Arizona Realty
List Price
$375,000
Sold Price
$365,000
Premium/Discount to List
-$10,000
-2.67%
Total Days on Market
6
Current Estimated Value
$487,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,630
Avg. Annual Appreciation
6.78%

Purchase Details

Closed on
Aug 23, 2005
Sold by
Bradley Patrick M
Bought by
Bradley Earll Llc

Purchase Details

Closed on
Jan 15, 2002
Sold by
Corathers Barbara C
Bought by
Bradley Patrick M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,300
Interest Rate
7.11%
Mortgage Type
New Conventional
Source: Public Records

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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
Fink Deborah E $365,000 Landmark Ttl Assurance Agcy
Bradley Earll Llc -- --
Bradley Patrick M $90,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bradley Patrick M $61,300
Closed Corathers Barbara C --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $365,000 -2.7% $228 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
03/11/2021 03/11/21 For Sale $375,000 -- $234 / 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 $1,350 $10,382 -- --
2024 $1,256 $9,887 -- --
2023 $1,256 $34,850 $6,970 $27,880
2022 $1,205 $27,380 $5,470 $21,910
2021 $1,242 $23,650 $4,730 $18,920
2020 $1,210 $19,810 $3,960 $15,850
2019 $1,203 $17,610 $3,520 $14,090
2018 $1,177 $13,960 $2,790 $11,170
2017 $1,131 $12,780 $2,550 $10,230
2016 $1,086 $9,570 $1,910 $7,660
2015 $1,011 $8,730 $1,740 $6,990
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Cody Swartz

    Schwarz & Weiss Realty, Inc

    Section Image
  • Laurie Johnson

    Buyer's Agent in 2021

    Laurie Johnson

    Keller Williams Arizona Realty

    (602) 550-6888

    24 Total Sales

    Laurie Johnson
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6205838

Arizona Regional Multiple Listing Service (ARMLS)

APN: 119-26-036

Arizona Maricopa County Phoenix 85016

1843 E Cheery Lynn Rd, Phoenix, AZ

This home is located at 1843 E Cheery Lynn Rd, Phoenix, AZ 85016 since 11 March 2021 and is currently estimated at $487,630, approximately $304 per square foot. This property was built in 1962. 1843 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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