NOT LISTED FOR SALE

2462 E Michigan Ave Phoenix, AZ 85032

Paradise Valley Village Neighborhood

Estimated Value: $374,145 - $403,000

3 Beds
2 Baths
1,288 Sq Ft
$305/Sq Ft Est. Value

Last Sold June 28, 2013

Last sale price $150,000 $116 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $2,142/month

23 Days on Market

Highlights

  • RV Gated
  • No HOA
  • Eat-In Kitchen
  • Corner Lot
  • Covered Patio or Porch
  • Tile Flooring

About This Home

As of June 2013

Cute and well maintained 3 bedroom 2 bath home on corner lot. Desert front and back landscaping for easy maintenance.

Last Agent to Sell the Property

Fred Duran

Fathom Realty Elite License #SA018327000 Listed on: 05/21/2013

Fathom Realty Elite

Last Buyer's Agent

Christine Londen

HomeSmart License #SA106158000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $846

Year Built

  • Built in 1982

Lot Details

  • 7,112 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Corner Lot

Parking

  • 2 Car Garage
  • RV Gated

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,288 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Outdoor Features

  • Covered Patio or Porch

Schools

  • Campo Bello Elementary School
  • Vista Verde Middle School
  • Paradise Valley High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Pepper Ridge Subdivision

Listing and Financial Details

  • Tax Lot 237
  • Assessor Parcel Number 214-06-241

Home Details

Home Type

Single Family

Est. Annual Taxes

$846

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Union Hills and 26th St.
  • Legal Info Range: 3E
  • Property Type: Residential
  • HOA #2: N
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 1982
  • Tax Year: 2012
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.16
  • Subdivision Name: PEPPER RIDGE
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 116.45
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, 3/4 Bath Master Bdrm
  • Living Area: 1288.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Corner Lot, Desert Back, Desert Front
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV Gate
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:RV Gate: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Inside, Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Electric: 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

Schools

  • Elementary School: Campo Bello Elementary School
  • High School: Paradise Valley High School
  • Middle Or Junior School: Vista Verde Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7112.0
  • Parcel #: 214-06-241
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 846.0
  • Tax Book Number: 214.00
  • Tax Lot: 237
  • Tax Map Number: 6.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2013
Closed on
Jul 10, 2013
Sold by
Molina Ana Elizabeth Gonzalez and Rodriguez Luis Auden Gonzalez
Bought by
Rodriguez Luis Auden Gonzalez
Seller's Agent
Fred Duran
Fathom Realty Elite
Buyer's Agent
Christine Londen
HomeSmart
List Price
$150,000
Sold Price
$150,000
Current Estimated Value
$393,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,036
Avg. Annual Appreciation
7.96%
Original Mortgage
$147,283
Outstanding Balance
$109,105
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$283,931

Purchase Details

Listed on
May 21, 2013
Closed on
Jun 25, 2013
Sold by
Invest For Today Llc
Bought by
Rodriguez Luis Auden Gonzalez
Seller's Agent
Fred Duran
Fathom Realty Elite
Buyer's Agent
Christine Londen
HomeSmart
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,283
Outstanding Balance
$109,105
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$283,931

Purchase Details

Closed on
May 12, 2010
Sold by
Gds Rentals Llc
Bought by
Invest For Today Llc

Purchase Details

Closed on
Nov 4, 2008
Sold by
Carder David R and Carder Sheryl A
Bought by
Gds Rentals Llc

Purchase Details

Closed on
Oct 3, 2006
Sold by
Mak Kent
Bought by
Carder David R and Carder Sheryl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 2004
Sold by
Cooper Terry L
Bought by
Mak Kent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
5.95%
Mortgage Type
New Conventional
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
Rodriguez Luis Auden Gonzalez -- Pioneer Title Agency Inc
Rodriguez Luis Auden Gonzalez $150,000 Pioneer Title Agency Inc
Invest For Today Llc $67,000 Fidelity Natl Title Ins Co
Gds Rentals Llc -- None Available
Carder David R $220,000 Chicago Title Insurance Co
Mak Kent $130,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Luis Auden Gonzalez $147,283
Closed Rodriguez Luis Auden Gonzalez $147,283
Previous Owner Carder David R $176,000
Previous Owner Mak Kent $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2013 06/28/13 Sold $150,000 +0.1% $116 / Sq Ft
06/12/2013 06/12/13 Pending -- -- --
06/06/2013 06/06/13 Price Changed $149,900 -0.1% $116 / Sq Ft
05/20/2013 05/20/13 For Sale $150,000 -- $116 / 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 $1,280 $12,530 -- --
2024 $1,221 $11,933 -- --
2023 $1,221 $26,900 $5,380 $21,520
2022 $1,209 $20,760 $4,150 $16,610
2021 $1,212 $18,430 $3,680 $14,750
2020 $1,175 $17,050 $3,410 $13,640
2019 $1,176 $15,160 $3,030 $12,130
2018 $1,138 $13,280 $2,650 $10,630
2017 $1,091 $12,350 $2,470 $9,880
2016 $1,073 $12,050 $2,410 $9,640
2015 $993 $9,710 $1,940 $7,770
Source: Public Records

Agents Affiliated with this Home

  • Fred Duran

    Seller's Agent in 2013

    Fred Duran

    Fathom Realty Elite

    (602) 695-1930

    9 in this area

    31 Total Sales

    Fred Duran
    Section Image

  • C

    Buyer's Agent in 2013

    Christine Londen

    HomeSmart

    (602) 670-7077

    1 in this area

    1 Total Sale

    Christine Londen
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4939849

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-06-241

Arizona Maricopa County Phoenix 85032 Paradise Valley Village

2462 E Michigan Ave, Phoenix, AZ

Not Listed for Sale

Detached

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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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