NOT LISTED FOR SALE

2242 E Sheridan St Phoenix, AZ 85006

Estimated Value: $457,000 - $519,000

4 Beds
2 Baths
1,465 Sq Ft
$326/Sq Ft Est. Value

Last Sold June 23, 2023

Last sale price $540,000 $369 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $2,745/month

4 Days on Market

Highlights

  • Guest House
  • Granite Countertops
  • Eat-In Kitchen
  • Phoenix Coding Academy Rated A
  • No HOA
  • Patio

About This Home

As of June 2023

The gorgeous updated house has it all! Inside the main home you'll find a stunningly remodeled kitchen with high-end finishes and appliances. The dining nook includes a built-in bench with extra storage. The 3 bedrooms all include more storage and there's a built-in library nook with bench. The full bath is also updated with tile surround shower/tub and a new vanity. The updated backyard has a HUGE new patio, paver walkways around, bistro lights, and a custom wall mural. The property also includes a detached casita that's cash-flow positive. The casita is also updated and has a full bath, kitchenette, and views of the mural. This home is super conveniently located near the AZ-51, the AZ-202, and Sky Harbor for easy commuting and travel. (continued...) It's also close to TONS of shopping, dining, museums and arts centers, parks, and downtown Phoenix for all your entertainment needs. Check out the full list of home features attached!

Last Listed By

Daniel Brown

My Home Group Real Estate License #SA586198000 Listed on: 05/18/2023

My Home Group Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,433

Year Built

  • Built in 1940

Lot Details

  • 6,943 Sq Ft Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 1 Carport Space

Home Design

  • Tile Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,465 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Security System Owned

Kitchen

  • Kitchen Updated in 2022
  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Patio
  • Fire Pit
  • Outdoor Storage

Schools

  • William T Machan Elementary School
  • Camelback High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Guest House
  • Property is near a bus stop

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Avalon Annex Blks 11 14 Subdivision

Listing and Financial Details

  • Legal Lot and Block 23 / 9
  • Assessor Parcel Number 117-08-091

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,433

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Cross Street: N 24th St & Thomas Rd
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2018
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2022
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2018
  • Updated Wiring: Partial
  • Items Updated Wiring Yr Updated: 2018
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1940
  • Tax Year: 2022
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: AVALON ANNEX BLKS 11-14
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Owner
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Fire Pit, None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Kitchen Island, Pantry, High Speed Internet, Granite Counters
  • Living Area: 1465.0
  • Stories: 1
  • ResoLivingAreaSource: Owner
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Community Features:Near Bus Stop: Yes
  • Fireplace:Firepit: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Patio, Storage
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Gravel/Stone Back, Grass Front, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: See Remarks, Painted, Stucco
  • Other Structures: Guest House
  • Roof: Composition, Tile
  • Construction:Other (See Remarks)23: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Separate Guest House: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Separate Strge Area
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Parking Features:Separate Strge Area: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop
  • 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: William T Machan Elementary School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: William T Machan Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6943.0
  • Parcel #: 117-08-091
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Annual Amount: 1433.0
  • Tax Block: 9
  • Tax Book Number: 117.00
  • Tax Lot: 23
  • Tax Map Number: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2023
Closed on
Jun 23, 2023
Sold by
Palmer Katherine Hurst
Bought by
Larkin Erika
Seller's Agent
Daniel Brown
My Home Group Real Estate
Buyer's Agent
Eric Avdee
The Brokery
List Price
$525,000
Sold Price
$540,000
Premium/Discount to List
$15,000
2.86%
Total Days on Market
4
Views
111
Current Estimated Value
$470,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$69,872
Avg. Annual Appreciation
-6.29%
Original Mortgage
$523,800
Outstanding Balance
$513,002
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
-$34,787

Purchase Details

Listed on
Sep 15, 2017
Closed on
Dec 21, 2017
Sold by
Urban Revival Llc
Bought by
Palmer Katherine Hurst
Seller's Agent
Shanna Day
Keller Williams Realty East Valley
Buyer's Agent
Daniel Brown
My Home Group Real Estate
List Price
$265,000
Sold Price
$245,000
Premium/Discount to List
-$20,000
-7.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.48%
Original Mortgage
$220,500
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 21, 2017
Closed on
Jun 21, 2017
Sold by
Venegas Gerardo
Bought by
Urban Revivall Llc
Seller's Agent
Itzel Zimmer
HomeSmart
Buyer's Agent
Ranette Oliver
MJB Real Estate
List Price
$210,000
Sold Price
$185,000
Premium/Discount to List
-$25,000
-11.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
75.38%
Original Mortgage
$152,000
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2009
Sold by
Shoup Cleo M
Bought by
Shoup Cleo M

Purchase Details

Closed on
Oct 25, 2004
Sold by
Martinez Armando
Bought by
Martinez Guadalupe and Venegas Gerardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,300
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 10, 1997
Sold by
Baxter Rich
Bought by
Martinez Guadalupe and Martinez Armando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,950
Interest Rate
7.66%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 6, 1996
Sold by
Narasaki Kathy and Smith Maxine M
Bought by
Baxter Rich

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
Larkin Erika $540,000 Security Title Agency
Palmer Katherine Hurst $245,000 Fidelity National Title Agen
Urban Revivall Llc $185,000 First American Title Insuran
Shoup Cleo M -- None Available
Martinez Guadalupe -- Grand Canyon Title Agency In
Martinez Guadalupe $60,000 Ati Title Agency
Baxter Rich $30,000 Nations Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larkin Erika $523,800
Previous Owner Palmer Katherine Hurst $288,000
Previous Owner Palmer Katherine Hurst $2,170,790
Previous Owner Palmer Katherine Hurst $220,500
Previous Owner Urban Revivall Llc $152,000
Previous Owner Martinez Guadalupe $105,300
Previous Owner Martinez Guadalupe $59,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2023 10/23/23 Off Market $540,000 -- --
06/23/2023 06/23/23 Sold $540,000 +2.9% $369 / Sq Ft
05/23/2023 05/23/23 Pending -- -- --
05/18/2023 05/18/23 For Sale $525,000 +114.3% $358 / Sq Ft
12/28/2017 12/28/17 Sold $245,000 -3.9% $175 / Sq Ft
11/21/2017 11/21/17 Pending -- -- --
11/16/2017 11/16/17 Price Changed $255,000 -3.8% $182 / Sq Ft
10/19/2017 10/19/17 For Sale $265,000 0.0% $189 / Sq Ft
09/22/2017 09/22/17 Pending -- -- --
09/15/2017 09/15/17 For Sale $265,000 +43.2% $189 / Sq Ft
06/30/2017 06/30/17 Sold $185,000 0.0% $101 / Sq Ft
06/29/2017 06/29/17 Price Changed $185,000 -7.5% $101 / Sq Ft
06/20/2017 06/20/17 Pending -- -- --
05/31/2017 05/31/17 Price Changed $199,900 -2.5% $109 / Sq Ft
05/19/2017 05/19/17 Price Changed $205,000 -2.4% $112 / Sq Ft
04/21/2017 04/21/17 For Sale $210,000 -- $115 / 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 $1,514 $13,186 -- --
2024 $1,497 $12,558 -- --
2023 $1,497 $30,200 $6,040 $24,160
2022 $1,433 $23,770 $4,750 $19,020
2021 $1,487 $21,600 $4,320 $17,280
2020 $1,448 $18,720 $3,740 $14,980
2019 $1,440 $14,970 $2,990 $11,980
2018 $1,408 $13,700 $2,740 $10,960
2017 $1,521 $11,900 $2,380 $9,520
2016 $477 $7,250 $1,450 $5,800
2015 $444 $5,620 $1,120 $4,500
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6558269

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-08-091