NOT LISTED FOR SALE

225 E Echo Ln Phoenix, AZ 85020

North Central Neighborhood

Estimated Value: $526,000 - $565,000

2 Beds
2 Baths
1,619 Sq Ft
$335/Sq Ft Est. Value

Last Sold February 16, 2024

Last sale price $510,000 $315 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,477/month

2 Days on Market

Highlights

  • Tennis Courts
  • Heated Spa
  • Granite Countertops
  • Sunnyslope High School Rated A
  • Vaulted Ceiling
  • Private Yard

About This Home

As of February 2024

ONE OF THE BEST HOMESITES IN THIS SUBDIVISION. SITUATED ON A VERY PRIVATE & QUIET STREET OFF CENTRAL AVE AND THE BRIDAL PATH. ONCE YOU ENTER THE HOME YOU HAVE A BEAUTIFUL VIEW OF THE PARK-LIKE BACKYARD THROUGH A LARGE CLERESTORY WINDOW. FAMILY ROOM CEILING IS ABOUT 18' HIGH AND VAULTED. KITCHEN HAS GRANITE COUNTERS, STAINLESS STEEL REFRIGERATOR/MICROWAVE/ DISHWASHER & ELECTRIC RANGE. CURRENTLY THERE IS A DESK/OFFICE AREA WHERE AN EAT IN KITCHEN TABLE COULD GO. 2 CAR GARAGE AND A GAS WATER HEATER. PRIMARY SUITE HAS A WALK IN CLOSET AND PATIO DOOR TO BACKYARD AREA WHICH INCLUDES A HEATED SALT WATER POOL & SPA,LANDSCAPING & PAVERS ON PATIO. THERE IS ROOM TO EAT AND SIP COCKTAILS UNDER A SMALL GAZEBO AREA WHILE YOU ARE ENJOYING THE PRIVATE PATIO.

Last Agent to Sell the Property

Bobby Lieb

Compass Brokerage Phone: (602) 376-1341 License #BR007861000 Listed on: 01/17/2024

Last Buyer's Agent

Janeen Gelinas

Compass License #BR531726000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,731

Year Built

  • Built in 1975

Lot Details

  • 5,710 Sq Ft Lot
  • Desert faces the front of the property
  • Cul-De-Sac
  • Private Streets
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard

HOA Fees

  • $270 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Patio Home
  • Property Attached
  • Roof Updated in 2023
  • Tile Roof
  • Built-Up Roof
  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,619 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Double Pane Windows
  • Family Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Stone
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Accessible Home Design

  • No Interior Steps

Pool

  • Heated Spa
  • Play Pool

Outdoor Features

  • Tennis Courts
  • Covered Patio or Porch

Schools

  • Washington Elementary School
  • Royal Palm Middle School

Utilities

  • Cooling System Updated in 2023
  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 160-53-160

Community Details

Overview

  • Association fees include sewer, ground maintenance, street maintenance, front yard maint, trash, water
  • Trestle Association, Phone Number (480) 422-0888
  • Built by KNOELL
  • Paseo Hermoso Subdivision

Recreation

  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,731

Year Built

Built in 1975

Lot Details

0

HOA Fees

$270 per month

Parking

2

Listing Details

  • Cross Street: Central and Northern
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 270.0
  • Basement: N
  • Items Updated Ht Cool Yr Updated: 2023
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2019
  • Updated Pool: Partial
  • Items Updated Pool Yr Updated: 2020
  • Updated Roof: Partial
  • Items Updated Roof Yr Updated: 2023
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1975
  • Spa Private: Yes
  • Tax Year: 2023
  • Property Sub Type: Patio Home
  • Horses: No
  • Lot Size Acres: 0.13
  • Subdivision Name: PASEO HERMOSO
  • Property Attached Yn: Yes
  • General Property Description:PriceSqFt: 315.0
  • Association Fees:HOA Fee2: 270.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Stone, Tile
  • Basement YN: No
  • Spa Features: Heated, Private
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Eat-in Kitchen, No Interior Steps, Vaulted Ceiling(s), Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1619.0
  • Stories: 1
  • Window Features: Skylight(s), Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Street(s), Private Yard, Tennis Court(s)
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Front, Cul-De-Sac, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Play Pool, Heated, Private
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Painted, Block
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile, Built-Up, Foam
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Private Street(s): Yes
  • Exterior Features:Tennis Court(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Separate Strge Area
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • Association Fee: 270.0
  • Association Fee Frequency: Monthly
  • Association Name: PASEO HERMOSO
  • Phone: 480-422-0888
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 75.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: PASEO HERMOSO
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Disclosure Fees HOA: 250.0
  • Association Fees:Other Fees HOA: 70.0
  • Association Fees:Other Fees Description: ANNUAL FOR COMMUNITY INSURANCE.
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: TRESTLE
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Sewer, Maintenance Grounds, Street Maint, Front Yard Maint, Trash, Water

Schools

  • Elementary School: Washington Elementary School
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Royal Palm Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5710.0
  • Parcel #: 160-53-160

Building Info

  • Builder Name: KNOELL

Tax Info

  • Tax Annual Amount: 2731.0
  • Tax Book Number: 160.00
  • Tax Lot: 24
  • Tax Map Number: 53.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2024
Closed on
Feb 16, 2024
Sold by
Brown Douglas W and Brown Mary
Bought by
Barp Holding Llc
Seller's Agent
Bobby Lieb
Compass
Buyer's Agent
Janeen Gelinas
Compass
List Price
$519,000
Sold Price
$510,000
Premium/Discount to List
-$9,000
-1.73%
Views
26
Current Estimated Value
$559,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,554
Avg. Annual Appreciation
3.40%

Purchase Details

Closed on
Sep 26, 2002
Sold by
Rounds John L and Rounds Cindy J
Bought by
Brown Douglas W and Steele Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,750
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 10, 2001
Sold by
Beans Geraldine S
Bought by
Rounds John L and Rounds Cindy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,500
Interest Rate
7.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 1994
Sold by
Wiggins Joseph L and Wiggins Penny K
Bought by
Beans Robert C and Beans Geraldine S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Barp Holding Llc $510,000 Driggs Title Agency
Brown Douglas W $252,000 First American Title Ins Co
Rounds John L $205,000 Grand Canyon Title Agency In
Beans Robert C $121,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Douglas W $174,750
Previous Owner Rounds John L $190,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2024 02/16/24 Sold $510,000 -1.7% $315 / Sq Ft
01/20/2024 01/20/24 Pending -- -- --
01/17/2024 01/17/24 For Sale $519,000 -- $321 / 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 $3,303 $25,990 -- --
2024 $2,731 $24,752 -- --
2023 $2,731 $37,960 $7,590 $30,370
2022 $2,635 $31,550 $6,310 $25,240
2021 $2,701 $32,370 $6,470 $25,900
2020 $2,629 $29,810 $5,960 $23,850
2019 $2,580 $27,170 $5,430 $21,740
2018 $2,507 $24,960 $4,990 $19,970
2017 $2,299 $21,900 $4,380 $17,520
2016 $2,259 $21,160 $4,230 $16,930
2015 $2,095 $21,160 $4,230 $16,930
Source: Public Records

Agents Affiliated with this Home

  • Bobby Lieb

    Seller's Agent in 2024

    Bobby Lieb

    Compass

    (602) 376-3992

    45 in this area

    354 Total Sales

    Bobby Lieb
    Section Image
  • Janeen Gelinas

    Buyer's Agent in 2024

    Janeen Gelinas

    Compass

    (480) 221-7379

    13 in this area

    62 Total Sales

    Janeen Gelinas
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6651400

Arizona Regional Multiple Listing Service (ARMLS)

APN: 160-53-160

Arizona Maricopa County Phoenix 85020 North Central

225 E Echo Ln, Phoenix, AZ

Not Listed for Sale

MultiFamily

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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