NOT LISTED FOR SALE

2431 W Echo Ln Phoenix, AZ 85021

North Central Neighborhood

Estimated Value: $400,000 - $450,000

4 Beds
2 Baths
1,891 Sq Ft
$224/Sq Ft Est. Value

Last Sold February 28, 2013

Last sale price $139,000 $74 Per Sq Ft

Est. 205% increase in value since last sale

Current estimated payment $2,313/month

144 Days on Market

Highlights

  • Private Pool
  • Eat-In Kitchen
  • Kitchen Island
  • No HOA
  • Tile Flooring
  • Grass Covered Lot

About This Home

As of February 2013

HUGE PRICE REDUCTION !!!! Move-in ready 4 bedrooms, 2 bathrooms block home. Covered diving swimming pool. Roof replaced in 2010, Separate Living and Family rooms. Separate large office/laundry room off back of home with separate central air and built-in cabinets. Kitchen open to family room with breakfast bar. Large covered patio. You would not want to miss it!

Last Agent to Sell the Property

Rameshwar Adhikari

HomeSmart License #SA561668000 Listed on: 08/26/2012

HomeSmart

Last Buyer's Agent

Lanny Auberg

HomeSmart Realty License #BR006582000

HomeSmart Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $977

Year Built

  • Built in 1959

Lot Details

  • 6,787 Sq Ft Lot
  • Block Wall Fence
  • Grass Covered Lot

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,891 Sq Ft Home
  • 1-Story Property

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Pool

  • Private Pool
  • Fence Around Pool
  • Diving Board

Schools

  • Richard E Miller Elementary School
  • Royal Palm Middle School
  • Cortez High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Freeway Park 2 Subdivision

Listing and Financial Details

  • Tax Lot 285
  • Assessor Parcel Number 158-40-037

Home Details

Home Type

Single Family

Est. Annual Taxes

$977

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Northern and 23rd Ave
  • Legal Info Range: 2E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Heating or Cooling Units: Partial
  • Items Updated Ht Cool Yr Updated: 2010
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2010
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1959
  • Tax Year: 2011
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: Freeway Park 2
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 73.5
  • Dining Area:Breakfast Bar: Yes
  • Technology:Cable TV Avail: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Kitchen Island, 3/4 Bath Master Bdrm
  • Living Area: 1891.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Other Rooms:Family Room: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Grass Front
  • Pool Features: Diving Pool, Fenced, Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: 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 Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Richard E Miller School
  • High School: Cortez High 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: 6787.0
  • Parcel #: 158-40-037
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 977.0
  • Tax Book Number: 158.00
  • Tax Lot: 285
  • Tax Map Number: 40.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2012
Closed on
Jan 29, 2013
Sold by
Thapa Ram and Thapa Dil
Bought by
Abraham Joseph H and Abraham Elvira J
Seller's Agent
Rameshwar Adhikari
HomeSmart
Buyer's Agent
Lanny Auberg
HomeSmart Realty
List Price
$150,000
Sold Price
$139,000
Premium/Discount to List
-$11,000
-7.33%
Current Estimated Value
$423,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,412
Avg. Annual Appreciation
9.05%
Original Mortgage
$139,000
Outstanding Balance
$97,527
Interest Rate
3.49%
Mortgage Type
VA
Estimated Equity
$325,885

Purchase Details

Closed on
Feb 22, 2010
Sold by
Ulmen Ruth Elizabeth
Bought by
Thapa Ram and Thapa Dil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,710
Interest Rate
5.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 18, 1994
Sold by
Ulmen Ruth Elizabeth
Bought by
Ulmen Ruth Elizabeth
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Abraham Joseph H $139,000 Pioneer Title Agency Inc
Thapa Ram $125,000 Guaranty Title Agency
Ulmen Ruth Elizabeth -- --
Ulmen Ruth Elizabeth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abraham Joseph H $139,000
Previous Owner Thapa Ram $122,710
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2013 02/28/13 Sold $139,000 +3.0% $74 / Sq Ft
01/17/2013 01/17/13 Pending -- -- --
12/15/2012 12/15/12 Price Changed $135,000 -2.2% $71 / Sq Ft
10/28/2012 10/28/12 Price Changed $138,000 -1.4% $73 / Sq Ft
10/08/2012 10/08/12 Price Changed $140,000 -6.7% $74 / Sq Ft
08/26/2012 08/26/12 For Sale $150,000 -- $79 / 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 $1,191 $10,686 -- --
2024 $1,123 $10,177 -- --
2023 $1,123 $27,560 $5,510 $22,050
2022 $1,083 $20,600 $4,120 $16,480
2021 $1,111 $18,860 $3,770 $15,090
2020 $1,081 $17,660 $3,530 $14,130
2019 $1,061 $16,550 $3,310 $13,240
2018 $1,031 $16,310 $3,260 $13,050
2017 $1,028 $14,800 $2,960 $11,840
2016 $1,010 $14,130 $2,820 $11,310
2015 $936 $12,070 $2,410 $9,660
Source: Public Records

Agents Affiliated with this Home

  • Rameshwar Adhikari

    Seller's Agent in 2013

    Rameshwar Adhikari

    HomeSmart

    (602) 230-7600

    11 Total Sales

    Rameshwar Adhikari
    Section Image
  • Lanny Auberg

    Buyer's Agent in 2013

    Lanny Auberg

    HomeSmart Realty

    (623) 210-4434

    Lanny Auberg
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4809425

Arizona Regional Multiple Listing Service (ARMLS)

APN: 158-40-037

Arizona Maricopa County Phoenix 85021 North Central

2431 W Echo Ln, 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

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