NOT LISTED FOR SALE

2240 E Sheraton Ln Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $303,000 - $331,000

4 Beds
2 Baths
1,140 Sq Ft
$283/Sq Ft Est. Value

Last Sold August 18, 2022

Last sale price $318,000 $279 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,760/month

6 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Ceiling Fan
  • Phoenix Coding Academy Rated A
  • Tile Flooring
  • Wrought Iron Fence

About This Home

As of August 2022

Back from sold..4- bedroom 2- bath block home in good condition. Being sold in 'AS IS' condition!!

Last Agent to Sell the Property

Jeff Guerrero

Casa De Guerrero Realty License #BR034131000 Listed on: 05/13/2022

Last Buyer's Agent

Jeff Guerrero

Casa De Guerrero Realty License #BR034131000 Listed on: 05/13/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $614

Year Built

  • Built in 1971

Lot Details

  • 6,055 Sq Ft Lot
  • Wrought Iron Fence
  • Block Wall Fence

Parking

  • 2 Carport Spaces

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,140 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Roosevelt Elementary School
  • South Mountain High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Sheraton Park 2 Subdivision

Listing and Financial Details

  • Tax Lot 90
  • Assessor Parcel Number 122-07-108

Home Details

Home Type

Single Family

Est. Annual Taxes

$614

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Cross Street: Broadway & 24th st.
  • 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: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1971
  • Tax Year: 2021
  • Directions: South to Sheraton Ln
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.14
  • Subdivision Name: SHERATON PARK 2
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, 3/4 Bath Master Bdrm
  • Living Area: 1140.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Lot Features: Gravel/Stone Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

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

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: 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: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: 6055.0
  • Parcel #: 122-07-108
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 614.0
  • Tax Book Number: 122.00
  • Tax Lot: 90
  • Tax Map Number: 7.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2022
Closed on
Aug 18, 2022
Sold by
Cristina Blair Maria
Bought by
Sesmas Ismael
Seller's Agent
Jeff Guerrero
Casa De Guerrero Realty
Buyer's Agent
Jeff Guerrero
Casa De Guerrero Realty
List Price
$310,000
Sold Price
$318,000
Premium/Discount to List
$8,000
2.58%
Current Estimated Value
$322,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,096
Avg. Annual Appreciation
0.41%
Original Mortgage
$312,240
Outstanding Balance
$298,012
Interest Rate
5.3%
Mortgage Type
FHA
Estimated Equity
$24,084

Purchase Details

Closed on
Feb 26, 2021
Sold by
Lamadrid Avila Carlos Alberto
Bought by
Blair Maria Cristina

Purchase Details

Closed on
Mar 11, 2004
Sold by
Ross Milton and Ross Eula
Bought by
Lamadrid Carlos A and Blair Maria Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
5.69%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 9, 1997
Sold by
Matthews Dreana L
Bought by
Ross Milton and Ross Eula

Purchase Details

Closed on
Sep 10, 1991
Sold by
Griffith Beverly E
Bought by
Matthews Dreana L
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
Sesmas Ismael $318,000 Driggs Title Agency
Blair Maria Cristina -- Driggs Title Agency
Lamadrid Carlos A $101,000 First American Title Ins Co
Ross Milton $42,000 North American Title Agency
Matthews Dreana L -- United Title Agency Of Az In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sesmas Ismael $312,240
Previous Owner Lamadrid Carlos A $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2022 08/18/22 Sold $318,000 +2.6% $279 / Sq Ft
05/19/2022 05/19/22 Pending -- -- --
05/13/2022 05/13/22 For Sale $310,000 -- $272 / 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 $627 $4,760 -- --
2024 $608 $4,533 -- --
2023 $608 $19,900 $3,980 $15,920
2022 $595 $15,000 $3,000 $12,000
2021 $614 $12,970 $2,590 $10,380
2020 $606 $11,680 $2,330 $9,350
2019 $586 $9,500 $1,900 $7,600
2018 $569 $8,460 $1,690 $6,770
2017 $530 $6,730 $1,340 $5,390
2016 $503 $5,930 $1,180 $4,750
2015 $467 $4,300 $860 $3,440
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jeff Guerrero

    Casa De Guerrero Realty

    (602) 268-0201

    12 in this area

    19 Total Sales

    Jeff Guerrero
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6399273

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-07-108

Arizona Maricopa County Phoenix 85040 South Mountain

2240 E Sheraton Ln, Phoenix, AZ

This home is located at 2240 E Sheraton Ln, Phoenix, AZ 85040 since 13 May 2022 and is currently estimated at $322,096, approximately $282 per square foot. This property was built in 1971. 2240 E Sheraton Ln is a home located in Maricopa County with nearby schools including Percy L Julian 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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