NOT LISTED FOR SALE

2425 E Mobile Ln Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $245,000 - $390,000

3 Beds
2 Baths
1,453 Sq Ft
$232/Sq Ft Est. Value

Last Sold January 14, 2013

Last sale price $79,000 $54 Per Sq Ft

Est. 328% increase in value since last sale

Current estimated payment $1,881/month

91 Days on Market

Highlights

  • Spanish Architecture
  • No HOA
  • Tile Flooring
  • Phoenix Coding Academy Rated A
  • Breakfast Bar
  • Property is near a bus stop

About This Home

As of January 2013

Built in 2003 this 3 Bedroom 2 Bath is an excellent floorplan and easy to care for with tile floors throughout. Oak cabinets in kitchen with white appliances, larger master suite with full bath and walkin closet. Extra large rear yard with full width rear covered porch. Move in ready with new paint and appliances. Purchase this property for as little as 3% down and no mortgage insurance required with owner sponsored loan program.

Last Agent to Sell the Property

Terence Riley

KMF Real Estate LLC License #SA522743000 Listed on: 09/06/2012

Last Buyer's Agent

José Díaz

Planet Realty License #BR569970000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $808

Year Built

  • Built in 2003

Lot Details

  • 7,292 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers

Parking

  • 2 Car Garage

Home Design

  • Spanish Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,453 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Breakfast Bar

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Location

  • Property is near a bus stop

Schools

  • Martin Luther King Early Childhood Center Elementary School
  • Percy L Julian Middle School
  • South Mountain High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by Demroe Development
  • Ben Jo Estates E2 Lot 87 Subdivision

Listing and Financial Details

  • Tax Lot 87
  • Assessor Parcel Number 122-54-063

Home Details

Home Type

Single Family

Est. Annual Taxes

$808

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Cross Street: 24th St and Broadway
  • Legal Info Range: 3E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 2003
  • Tax Year: 2011
  • Directions: From Broadway south to Mobile then east to address on the right.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.17
  • Subdivision Name: Ben Jo Estates E2 Lot 87
  • Architectural Style: Spanish
  • Efficiency: Multi-Pane Wndws
  • ResoBuildingAreaSource: Assessor
  • Dining Area:Breakfast Bar: Yes
  • Technology:Cable TV Avail: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Tile
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Breakfast Bar, Pantry, Full Bth Master Bdrm
  • Living Area: 1453.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Near Bus Stop: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Alley, Dirt Back, Natural Desert Front, Irrigation Front, Irrigation Back
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Inside, Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Electric: 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 Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:No Fees: Yes

Schools

  • Elementary School: Martin Luther King Early Childhood Center
  • High School: South Mountain High School
  • Middle Or Junior School: Percy L Julian School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7292.0
  • Parcel #: 122-54-063
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Demroe Development

Tax Info

  • Tax Annual Amount: 808.0
  • Tax Book Number: 122.00
  • Tax Lot: 87
  • Tax Map Number: 54.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2012
Closed on
Dec 27, 2012
Sold by
Federal National Mortgage Association
Bought by
Inzunza Irahuen Lopez
Seller's Agent
Terence Riley
KMF Real Estate LLC
Buyer's Agent
José Díaz
Planet Realty
List Price
$89,320
Sold Price
$79,000
Premium/Discount to List
-$10,320
-11.55%
Current Estimated Value
$337,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,733
Avg. Annual Appreciation
12.09%
Original Mortgage
$75,605
Outstanding Balance
$52,322
Interest Rate
3.27%
Mortgage Type
FHA
Estimated Equity
$285,411

Purchase Details

Closed on
Apr 12, 2012
Sold by
Milan Rosendo
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 21, 2003
Sold by
Milan Guadelupe
Bought by
Milan Rosendo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,900
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 2003
Sold by
Demore Development Llc
Bought by
Millan Rosendo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,900
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 6, 2002
Sold by
Boyd Rosetta P
Bought by
Demore Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 2002
Sold by
Gipson Cleveland
Bought by
Boyd Rosetta P

Purchase Details

Closed on
Aug 1, 2002
Sold by
Ellis Virginia Ann
Bought by
Boyd Rosetta P
Source: Public Records

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
Inzunza Irahuen Lopez -- Servicelink
Inzunza Irahuen Lopez -- Servicelink
Federal National Mortgage Association $147,475 Great American Title Agency
Milan Rosendo -- Transnation Title Ins Co
Millan Rosendo $114,900 Transnation Title Ins Co
Demore Development Llc $15,000 Lawyers Title Of Arizona Inc
Boyd Rosetta P -- Lawyers Title Of Arizona Inc
Boyd Rosetta P $11,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Inzunza Irahuen Lopez $75,605
Previous Owner Millan Rosendo $114,900
Previous Owner Demore Development Llc $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2013 01/14/13 Sold $79,000 0.0% $54 / Sq Ft
12/06/2012 12/06/12 Pending -- -- --
11/29/2012 11/29/12 Price Changed $79,000 -11.6% $54 / Sq Ft
11/27/2012 11/27/12 For Sale $89,320 0.0% $61 / Sq Ft
11/27/2012 11/27/12 Price Changed $89,320 0.0% $61 / Sq Ft
09/14/2012 09/14/12 Pending -- -- --
09/06/2012 09/06/12 For Sale $89,320 -- $61 / 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 $1,097 $7,469 -- --
2024 $1,066 $7,113 -- --
2023 $1,066 $24,460 $4,890 $19,570
2022 $1,045 $18,800 $3,760 $15,040
2021 $1,066 $17,030 $3,400 $13,630
2020 $1,053 $15,910 $3,180 $12,730
2019 $1,019 $13,600 $2,720 $10,880
2018 $991 $11,450 $2,290 $9,160
2017 $945 $9,400 $1,880 $7,520
2016 $899 $8,670 $1,730 $6,940
2015 $846 $6,660 $1,330 $5,330
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2013

    Terence Riley

    KMF Real Estate LLC

  • José Díaz

    Buyer's Agent in 2013

    José Díaz

    Planet Realty

    (602) 617-0877

    9 in this area

    93 Total Sales

    José Díaz
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4814880

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-54-063

Arizona Maricopa County Phoenix 85040 South Mountain

2425 E Mobile Ln, Phoenix, AZ

This home is located at 2425 E Mobile Ln, Phoenix, AZ 85040 since 06 September 2012 and is currently estimated at $337,733, approximately $232 per square foot. This property was built in 2003. 2425 E Mobile 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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