NOT LISTED FOR SALE

2242 W Olney Ave Phoenix, AZ 85041

South Mountain Neighborhood

Estimated Value: $861,000 - $948,510

3 Beds
2.5 Baths
3,175 Sq Ft
$287/Sq Ft Est. Value

Last Sold January 30, 2018

Last sale price $600,000 $189 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $5,294/month

107 Days on Market

Highlights

  • Horses Allowed On Property
  • RV Gated
  • 4.45 Acre Lot
  • Phoenix Coding Academy Rated A
  • City Lights View
  • Wood Flooring

About This Home

As of January 2018

Private, secluded,desert living at it's best! Private gated,long driveway to a charming courtyard, impeccably landscape front garden. The inside features high ceilings, recessed lighting and a spacious open floorplan. Deco niches in the living room, plus a full wet bar. Beautiful open kitchen equipped with granite counters, black appliances, tons of cabinets and double island for more counter spaces. Family room contains cozy fireplace. Roomy master has private en suite with walk-in shower, separate tub and double sinks. Beautiful city light and mountain views! 4+ acres can be split to build two or more homes! Close to hiking, biking, downtown, ASU and airport! Horses welcome and complete with a luxury chicken coop!!Property is completely fenced!

Last Agent to Sell the Property

Carlie Back

Keller Williams Realty East Valley License #SA104219000 Listed on: 09/07/2017

Keller Williams Realty East Valley

Last Buyer's Agent

Seyoue Sims

E-Homes License #SA585456000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,233

Year Built

  • Built in 1999

Lot Details

  • 4.45 Acre Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Wire Fence

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener
  • RV Gated

Property Views

  • City Lights
  • Mountain

Home Design

  • Santa Fe Architecture
  • Wood Frame Construction
  • Foam Roof
  • Stucco

Interior Spaces

  • 3,175 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Solar Screens
  • Family Room with Fireplace
  • Security System Owned

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Schools

  • Roosevelt Elementary School
  • Cesar Chavez High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered Patio or Porch
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Association fees include no fees

Listing and Financial Details

  • Tax Lot mb
  • Assessor Parcel Number 300-16-054

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,233

Year Built

Built in 1999

Lot Details

4.45 Acres

Parking

3

Listing Details

  • Cross Street: 27th Ave and Dobbins Rd
  • Legal Info Range: 2E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1999
  • Tax Year: 2016
  • Property Sub Type: Single Family - Detached
  • Horses: Yes
  • Lot Size Acres: 4.45
  • Subdivision Name: N/A
  • Architectural Style: Territorial/Santa Fe
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 188.97
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Wet Bar, Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 3175.0
  • Stories: 1
  • Window Features: Sunscreen(s), Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Cook Top Elec: Yes

Exterior Features

  • Fencing: See Remarks, Wrought Iron, Wire
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Desert Back, Desert Front, Natural Desert Back, Natural Desert Front
  • Pool Features: None
  • Pool Private: No
  • View: City Lights, Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Attch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener, RV Gate, RV Access/Parking
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:RV Parking: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Roosevelt Elementary School
  • High School: Cesar Chavez 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: 193973.0
  • Parcel #: 300-16-054
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 5233.0
  • Tax Book Number: 300.00
  • Tax Lot: mb
  • Tax Map Number: 16.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2020
Sold by
Nemetz Joseph and Nemetz Kristin Dart
Bought by
Nemetz Joseph and Nemetz Kristin
Current Estimated Value
$910,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,000
Outstanding Balance
$219,408
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$690,970

Purchase Details

Listed on
Sep 7, 2017
Closed on
Jan 17, 2018
Sold by
Ferrales Sergio and Ferrales Flora
Bought by
Nemetz Joe and Dart Kristin
Seller's Agent
Carlie Back
Keller Williams Realty East Valley
Buyer's Agent
Seyoue Sims
E-Homes
List Price
$575,000
Sold Price
$600,000
Premium/Discount to List
$25,000
4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.26%
Original Mortgage
$453,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 6, 2014
Closed on
May 6, 2014
Sold by
Lopez Alfred V and Mccarthy Lopez Maxine
Bought by
Ferrales Sergio and Ferrales Flora
Seller's Agent
Nathan Martinez
RE/MAX Fine Properties
Buyer's Agent
Patrick Mullins
Revinre
List Price
$459,000
Sold Price
$439,000
Premium/Discount to List
-$20,000
-4.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.74%
Original Mortgage
$351,200
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2011
Sold by
Lopez Alfred V and Mccarthy Lopez Maxie
Bought by
Lopez Alfred and Mccarthy Lopez Maxikne

Purchase Details

Closed on
Nov 17, 1998
Sold by
Lopez Alfred V and Lopez Maxine A
Bought by
City Of Phoenix

Purchase Details

Closed on
Nov 2, 1996
Sold by
Stewart Title & Trust Of Tucson
Bought by
Lopez Alfred and Lopez Maxine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
8.06%
Mortgage Type
Seller Take Back
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Nemetz Joseph -- Grand Canyon Title Agency
Nemetz Joe $600,000 Security Title Agency Inc
Ferrales Sergio $439,000 Fidelity National Title Agen
Lopez Alfred -- None Available
City Of Phoenix -- --
Lopez Alfred $65,000 Arizona Title Agency Inc
Stewart Title & Trust Of Arizona -- Arizona Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nemetz Joseph $403,000
Closed Nemetz Joe $453,000
Previous Owner Ferrales Sergio $351,200
Previous Owner Lopez Alfred $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/30/2018 01/30/18 Sold $600,000 0.0% $189 / Sq Ft
12/23/2017 12/23/17 Pending -- -- --
11/28/2017 11/28/17 Off Market $600,000 -- --
09/07/2017 09/07/17 For Sale $575,000 +31.0% $181 / Sq Ft
05/09/2014 05/09/14 Sold $439,000 -2.4% $138 / Sq Ft View Prior Sale
04/07/2014 04/07/14 Pending -- -- --
03/21/2014 03/21/14 Price Changed $450,000 -2.0% $142 / Sq Ft
03/06/2014 03/06/14 For Sale $459,000 -- $145 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $6,063 $49,514 -- --
2024 $7,066 $47,157 -- --
2023 $7,066 $59,360 $11,870 $47,490
2022 $6,925 $44,250 $8,850 $35,400
2021 $7,065 $43,130 $8,620 $34,510
2020 $6,978 $41,600 $8,320 $33,280
2019 $6,753 $41,980 $8,390 $33,590
2018 $6,571 $39,150 $7,830 $31,320
2017 $5,515 $40,780 $8,150 $32,630
2016 $5,233 $40,430 $8,080 $32,350
2015 $4,862 $39,060 $7,810 $31,250
Source: Public Records

Agents Affiliated with this Home

  • Carlie Back

    Seller's Agent in 2018

    Carlie Back

    Keller Williams Realty East Valley

    (602) 481-5184

    34 in this area

    78 Total Sales

    Carlie Back
    Section Image
  • Seyoue Sims

    Buyer's Agent in 2018

    Seyoue Sims

    E-Homes

    (623) 229-9912

    7 in this area

    137 Total Sales

    Seyoue Sims
    Section Image
  • Nathan Martinez

    Seller's Agent in 2014

    Nathan Martinez

    RE/MAX Fine Properties

    (800) 966-4019

    1 in this area

    134 Total Sales

    Nathan Martinez
    Section Image

  • P

    Buyer's Agent in 2014

    Patrick Mullins

    Revinre

    (623) 252-7371

    5 Total Sales

    Patrick Mullins
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5658668

Arizona Regional Multiple Listing Service (ARMLS)

APN: 300-16-054

Arizona Maricopa County Phoenix 85041 South Mountain

2242 W Olney Ave, Phoenix, AZ

Not Listed for Sale

Detached

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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.