NOT LISTED FOR SALE

1902 E Lynne Ln Phoenix, AZ 85042

South Mountain Neighborhood

Estimated Value: $256,000 - $310,000

3 Beds
2 Baths
1,231 Sq Ft
$228/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $155,000 $126 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $1,528/month

21 Days on Market

Highlights

  • No HOA
  • Evaporated cooling system
  • 1-Story Property
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of September 2020

Investor Special!! Home needs a complete remodel and priced accordingly. Home sold AS-IS, buyer to verify all facts and figures. Cash or hard money only. Home will not qualify for conventional financing.

Last Agent to Sell the Property

Eric Nicks

My Home Group Real Estate License #SA561267000 Listed on: 08/18/2020

My Home Group Real Estate

Last Buyer's Agent

Derrick Kuppens

Networth Realty of Phoenix License #BR664328000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $502

Year Built

  • Built in 1960

Lot Details

  • 6,499 Sq Ft Lot

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,231 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Roosevelt Elementary School
  • South Mountain High School

Utilities

  • Evaporated cooling system
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Falcons View Subdivision

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 122-89-029

Home Details

Home Type

Single Family

Est. Annual Taxes

$502

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Cross Street: Southern and 18th ST
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Separate Den Office Sep Den Office: N
  • Year Built: 1960
  • Tax Year: 2019
  • Directions: South to Lynne, east to property
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.15
  • Subdivision Name: FALCONS VIEW
  • Property Attached Yn: No
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 1231.0
  • Stories: 1
  • Kitchen Features:None42: Yes

Exterior Features

  • Fencing: See Remarks
  • Lot Features: Dirt Front, Dirt Back
  • Pool Features: None
  • Disclosures: None, Other (See Remarks)
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Other, See Remarks
  • Laundry Features: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water

Condo/Co-op/Association

  • 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: Roosevelt Elementary School
  • High School: South Mountain High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Roosevelt Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6499.0
  • Parcel #: 122-89-029

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 502.0
  • Tax Book Number: 122.00
  • Tax Lot: 29
  • Tax Map Number: 89.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2024
Sold by
Diamond Peter
Bought by
Honey Investments 6 Llc
Current Estimated Value
$280,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,900
Outstanding Balance
$247,180
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$59,338

Purchase Details

Closed on
May 25, 2022
Sold by
Dorian Explorations Llc
Bought by
Honey Investments 6 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2022
Sold by
Real Estate Consultants Llc
Bought by
Real Estate Consultants Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2022
Sold by
Real Estate Consultants Llc
Bought by
Real Estate Consultants Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 18, 2020
Closed on
Sep 16, 2020
Sold by
Rg Property Solutions Llc
Bought by
Salt River Equity Llc
Seller's Agent
Eric Nicks
My Home Group Real Estate
Buyer's Agent
Derrick Kuppens
Networth Realty of Phoenix
List Price
$169,900
Sold Price
$155,000
Premium/Discount to List
-$14,900
-8.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.55%
Original Mortgage
$140,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 18, 2020
Closed on
Sep 11, 2020
Sold by
Salt River Equity Llc
Bought by
Real Estate Consultants Llc
Seller's Agent
Eric Nicks
My Home Group Real Estate
Buyer's Agent
Derrick Kuppens
Networth Realty of Phoenix
List Price
$169,900
Sold Price
$155,000
Premium/Discount to List
-$14,900
-8.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 18, 2020
Closed on
Aug 25, 2020
Sold by
Jackson Janice Davis and Davis Janice Louise
Bought by
Rg Property Solutions Llc
Seller's Agent
Eric Nicks
My Home Group Real Estate
Buyer's Agent
Derrick Kuppens
Networth Realty of Phoenix
List Price
$169,900
Sold Price
$155,000
Premium/Discount to List
-$14,900
-8.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 21, 1997
Sold by
Davis Lelton Roy
Bought by
Jackson Janice Davis
Source: Public Records

Range of Values:

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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
Honey Investments 6 Llc -- --
Diamond Peter -- Pioneer Title Agency
Honey Investments 6 Llc $217,000 Arizona Title
Real Estate Consultants Llc $187,100 None Listed On Document
Real Estate Consultants Llc $187,100 None Listed On Document
Salt River Equity Llc $155,000 Empire West Title Agency Llc
Real Estate Consultants Llc $159,900 American Title Svc Agcy Llc
Rg Property Solutions Llc $126,109 Empire West Title Agency Llc
Jackson Janice Davis -- Empire West Title Agency Llc
Jackson Janice Davis -- --
Dorian Explorations Llc $187,100 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diamond Peter $249,900
Previous Owner Honey Investments 6 Llc $240,000
Previous Owner Dorian Explorations Llc $165,000
Previous Owner Real Estate Consultants Llc $140,000
Previous Owner Rg Property Solutions Llc $122,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2020 09/18/20 Sold $155,000 -16.2% $126 / Sq Ft
08/24/2020 08/24/20 Price Changed $184,900 +2.8% $150 / Sq Ft
08/20/2020 08/20/20 Price Changed $179,900 +5.9% $146 / Sq Ft
08/18/2020 08/18/20 For Sale $169,900 -- $138 / 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 $541 $3,681 -- --
2024 $525 $3,506 -- --
2023 $525 $18,220 $3,640 $14,580
2022 $515 $13,900 $2,780 $11,120
2021 $525 $12,620 $2,520 $10,100
2020 $519 $11,280 $2,250 $9,030
2019 $502 $9,660 $1,930 $7,730
2018 $489 $7,930 $1,580 $6,350
2017 $466 $5,850 $1,170 $4,680
2016 $443 $4,820 $960 $3,860
2015 $417 $3,610 $720 $2,890
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2020

    Eric Nicks

    My Home Group Real Estate

    (480) 318-7023

    1 in this area

    61 Total Sales

    Eric Nicks
    Section Image
  • Derrick Kuppens

    Buyer's Agent in 2020

    Derrick Kuppens

    Networth Realty of Phoenix

    (480) 712-9905

    1 in this area

    25 Total Sales

    Derrick Kuppens
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6119385

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-89-029

Arizona Maricopa County Phoenix 85042 South Mountain

1902 E Lynne Ln, Phoenix, AZ

This home is located at 1902 E Lynne Ln, Phoenix, AZ 85042 since 18 August 2020 and is currently estimated at $280,826, approximately $228 per square foot. This property was built in 1960. 1902 E Lynne Ln is a home located in Maricopa County with nearby schools including T G Barr School, South Mountain 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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