240 E Illini St Phoenix, AZ 85040
South Mountain NeighborhoodEstimated Value: $219,000 - $283,000
Studio
1
Bath
1,003
Sq Ft
$253/Sq Ft
Est. Value
About This Home
This home is located at 240 E Illini St, Phoenix, AZ 85040 and is currently estimated at $254,105, approximately $253 per square foot. 240 E Illini St is a home located in Maricopa County with nearby schools including Cesar E Chavez Community School, South Mountain High School, and Phoenix Coding Academy.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 29, 2004
Sold by
P N M Inc
Bought by
Melendez Luis
Current Estimated Value
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
Outstanding Balance
$47,206
Interest Rate
5.82%
Mortgage Type
Seller Take Back
Estimated Equity
$206,899
Purchase Details
Closed on
Aug 9, 2004
Sold by
Maldonado Jesus M and Maldonado Yolanda
Bought by
P N M Inc
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
Outstanding Balance
$47,206
Interest Rate
5.82%
Mortgage Type
Seller Take Back
Estimated Equity
$206,899
Purchase Details
Closed on
Dec 20, 2003
Sold by
Maldonado Jesus M and Maldonado Yolanda
Bought by
P N M Inc
Purchase Details
Closed on
May 15, 2000
Sold by
D J Land & Cattle Company
Bought by
Maldonado Jesus M and Maldonado Yolanda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,500
Interest Rate
8.22%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 24, 2000
Sold by
D J Land & Cattle Co
Bought by
Maldonado Jesus M and Maldonado Yolanda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
8.16%
Purchase Details
Closed on
Dec 5, 1996
Sold by
D J Land & Cattle Company
Bought by
Melendez Luis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
7.86%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Dec 7, 1995
Sold by
Javelina Properties
Bought by
D J Land & Cattle Company
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,500
Interest Rate
7.38%
Purchase Details
Closed on
Dec 28, 1994
Sold by
Vem Corp
Bought by
Javelina Properties L L C
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Melendez Luis | $95,000 | First American Title Ins Co | |
| P N M Inc | -- | -- | |
| P N M Inc | -- | -- | |
| Maldonado Jesus M | $50,000 | Ati Title Agency Of Arizona | |
| Maldonado Jesus M | $65,000 | Ati Title Agency | |
| Melendez Luis | $225,000 | Fidelity Title | |
| D J Land & Cattle Company | $39,500 | Grand Canyon Title Agency In | |
| Javelina Properties L L C | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Melendez Luis | $95,000 | |
| Previous Owner | Maldonado Jesus M | $49,500 | |
| Previous Owner | Maldonado Jesus M | $63,000 | |
| Previous Owner | Melendez Luis | $157,500 | |
| Previous Owner | D J Land & Cattle Company | $29,500 |
Source: Public Records
Tax History Compared to Growth
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 | $1,087 | $7,208 | -- | -- |
| 2024 | $1,029 | $6,864 | -- | -- |
| 2023 | $1,029 | $16,470 | $3,290 | $13,180 |
| 2022 | $1,008 | $12,300 | $2,460 | $9,840 |
| 2021 | $1,029 | $11,220 | $2,240 | $8,980 |
| 2020 | $1,016 | $9,400 | $1,880 | $7,520 |
| 2019 | $983 | $7,470 | $1,490 | $5,980 |
| 2018 | $452 | $5,470 | $1,090 | $4,380 |
| 2017 | $431 | $4,070 | $810 | $3,260 |
| 2016 | $410 | $3,400 | $680 | $2,720 |
Source: Public Records
Map
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