NOT LISTED FOR SALE

Estimated Value: $381,000 - $407,504

2 Beds
1 Bath
1,004 Sq Ft
$392/Sq Ft Est. Value

Last Sold January 23, 2024

Last sale price $390,000 $388 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,309/month

37 Days on Market

Highlights

  • Corner Lot
  • Granite Countertops
  • Tile Flooring
  • Phoenix Coding Academy Rated A
  • No HOA
  • Grass Covered Lot

About This Home

As of January 2024

Rare blank slate opportunity.

With houses north of Thomas (and even Oak) commonly over a million 'Arcadia Light' has reached this neighborhood with a $1.5 million dollar home under contract mere yards away and a current $1.75 million dollar listing blocks away.

This Papago Village home was built in 1950 and has not been on the market in decades.

For those looking for an entry level home this 2-bedroom 1-bath house has lots to offer. Kitchen and Bath remodeled in 2011 and HVAC and water heater are less than 10-years old making further renovations required to transform this house into a livable entry-level home both affordable and within reach for those priced out of this area. Expansion also possible with buildable envelope available to the west and north.

For investors, this 7,153 square foot irrigated corner lot allows for a new home with over 2,800 square feet of first floor coverage. A second story would afford even more space along with northernly views of both Camelback Mountain and Squaw Peak.

Some of the largest commercial developments in The Valley are taking place just to the south while proximity to Central Phoenix, Sky Harbor, Scottsdale, Tempe and freeways will only increase the desirability of this neighborhood.

Last Listed By

Robert Hershey

My Home Group Real Estate License #BR506143000 Listed on: 11/13/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,104

Year Built

  • Built in 1950

Lot Details

  • 7,153 Sq Ft Lot
  • Block Wall Fence
  • Corner Lot
  • Grass Covered Lot

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,004 Sq Ft Home
  • 1-Story Property
  • Granite Countertops

Flooring

  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 2 Open Parking Spaces
  • 1 Carport Space

Schools

  • Papago Elementary School
  • Phoenix Coding Academy Middle School
  • Camelback High School

Farming

  • Flood Irrigation

Utilities

  • Refrigerated Cooling System
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include (see remarks)
  • Papago Vista Amd Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 15
  • Assessor Parcel Number 120-10-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,104

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Cross Street: 40th st and Thomas
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1950
  • Tax Year: 2023
  • Directions: South on 40th St. West on Monte Vista. Home is on the corner of 39th Pl and Monte Vista
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: PAPAGO VISTA AMD
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Flooring: Tile, Concrete
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Granite Counters
  • Living Area: 1004.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Granite Countertops: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Corner Lot, Gravel/Stone Front, Grass Back, Flood Irrigation
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:Other (See Remarks)5: Yes

Fee Information

  • Association Fee Includes: Other (See Remarks)

Schools

  • Elementary School: Papago School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Phoenix Coding Academy

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7153.0
  • Parcel #: 120-10-019
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1104.0
  • Tax Block: 15
  • Tax Book Number: 120.00
  • Tax Lot: 1
  • Tax Map Number: 10.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2023
Closed on
Jan 22, 2024
Sold by
Chilton Thomas Gerald
Bought by
Paceley Family Trust and Paceley
Seller's Agent
Robert Hershey
My Home Group Real Estate
Buyer's Agent
Melinda Edenfield
Realty ONE Group
List Price
$400,000
Sold Price
$390,000
Premium/Discount to List
-$10,000
-2.5%
Total Days on Market
37
Views
55
Current Estimated Value
$393,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,626
Avg. Annual Appreciation
0.69%
Original Mortgage
$200,000
Outstanding Balance
$197,453
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$196,173

Purchase Details

Closed on
Dec 27, 2007
Sold by
Tutrone Rosell
Bought by
Tutrone Rosell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.15%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Paceley Family Trust $390,000 Security Title Agency
Tutrone Rosell -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paceley Family Trust $200,000
Previous Owner Tutrone Rosell $465,000
Previous Owner Tutrone Rosell $316,500
Previous Owner Tutrone Rosell $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2024 01/23/24 Sold $390,000 -2.3% $388 / Sq Ft
12/22/2023 12/22/23 Pending -- -- --
12/01/2023 12/01/23 Price Changed $399,000 -0.3% $397 / Sq Ft
11/14/2023 11/14/23 For Sale $400,000 -- $398 / 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 $1,265 $9,727 -- --
2024 $1,104 $9,264 -- --
2023 $1,104 $28,310 $5,660 $22,650
2022 $1,057 $21,660 $4,330 $17,330
2021 $1,096 $20,270 $4,050 $16,220
2020 $1,068 $17,970 $3,590 $14,380
2019 $1,062 $16,710 $3,340 $13,370
2018 $1,039 $14,160 $2,830 $11,330
2017 $997 $12,970 $2,590 $10,380
2016 $956 $11,480 $2,290 $9,190
2015 $891 $8,620 $1,720 $6,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6630419

Arizona Regional Multiple Listing Service (ARMLS)

APN: 120-10-019