NOT LISTED FOR SALE

Estimated Value: $479,000 - $596,000

3 Beds
2 Baths
1,725 Sq Ft
$315/Sq Ft Est. Value

Last Sold September 30, 2024

Last sale price $615,000 $357 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $3,380/month

Highlights

  • Eat-In Kitchen
  • Kitchen Island
  • Ceiling Fan
  • Sunnyslope High School Rated A
  • Central Air
  • Grass Covered Lot

About This Home

As of September 2024

Looking for a charming cottage-style home with comfort because you deserve it? Welcome home! Echo Lane is likely the most manicured and charming home you will find at this price point. Paseo Hermoso is a private and quiet community off Central Avenue and in the historical Bridle Path. You can live in one of Phoenix's oldest parts of town; mature landscaping with tall trees, explore various trails, restaurants, farmers markets, museums and all of Phoenix's finest. Inside your Echo Lane home... Inside your Echo Lane home, you are greeted with vaulted ceilings, wood beams, Spanish-style archways and the warmth of hardwood floors. Centering the living room is a stone fireplace surrounded by old world-style Plantation shutters. Create your favorite culinary delight in your custom gourmet kitchen with beautiful granite countertops, and your grand hooded gas stove. Wash your dishes in your extra deep and wide copper kitchen sink over Spanish tile and sit or read a book in your large window seat overlooking your front garden space and trellis. Dine in your formal dining room surrounded by beautiful French doors overlooking your private garden featuring a large and cool patio with large pavers, patio lights, a hammock and plenty of room for outdoor dining or a game area for entertaining. If you are inclined, pick up your garden tools and gloves, dig in and grow your own garden creation in the various planters and garden beds, because this space is optimal for gardening. Because you enjoy relaxing in the evening, you have a large primary suite. Enjoy a large walk-in closet, more beautiful hardwood floors, French doors that open to your Zen-like patio, or shower in your stone tile walk-in shower and take in nature in the privacy of your shower while looking through your glass window overlooking your very own private garden oasis. Relax knowing you have a well-manicured and groomed home. The HVAC is brand new and the warranty will start with you. The roof and exterior have been well-maintained. The HOA covers trash and all front yard maintenance/common areas which also includes water/irrigation system. Your home is a great escape from a busy work or city life and at a price point that is priceless. Welcome home to your charming new life because you deserve it.

Last Agent to Sell the Property

Michelle Hodges

Russ Lyon Sotheby's International Realty License #SA678407000 Listed on: 09/05/2024

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Denise McManus

Local Luxury Christie's International Real Estate License #SA710400000

Local Luxury Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,863

Year Built

  • Built in 1974

Lot Details

  • 4,430 Sq Ft Lot
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $270 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Patio Home
  • Property Attached
  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,725 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Desert View Elementary School
  • Royal Palm Middle School
  • Sunnyslope High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Association fees include insurance, cable TV, ground maintenance, front yard maint, maintenance exterior
  • Trestle Management Association, Phone Number (480) 422-0888
  • Built by Knoell
  • Paseo Hermoso Subdivision

Listing and Financial Details

  • Tax Lot 47
  • Assessor Parcel Number 160-53-183

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,863

Year Built

Built in 1974

Lot Details

0

HOA Fees

$270 per month

Parking

2

Listing Details

  • Cross Street: CENTRAL & 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
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1974
  • Tax Year: 2023
  • Property Sub Type: Patio Home
  • Horses: No
  • Lot Size Acres: 0.1
  • Subdivision Name: PASEO HERMOSO
  • Property Attached Yn: Yes
  • General Property Description:PriceSqFt: 356.52
  • Association Fees:HOA Fee2: 270.0
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Kitchen Island, 3/4 Bath Master Bdrm
  • Living Area: 1725.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Other Rooms:Great Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Grass Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Painted, Block
  • Roof: Foam
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • 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 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: 540.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 540.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Trestle Management
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Cable or Satellite: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Maintenance Grounds, Front Yard Maint, Maintenance Exterior

Schools

  • Elementary School: Desert View Elementary School
  • High School: Sunnyslope 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: 4430.0
  • Parcel #: 160-53-183

Building Info

  • Builder Name: Knoell

Tax Info

  • Tax Annual Amount: 2863.0
  • Tax Book Number: 160.00
  • Tax Lot: 47
  • Tax Map Number: 53.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2024
Closed on
Sep 17, 2024
Sold by
Larson Katherine and Hanson Jonathan D
Bought by
Lemay Andrea Lynn
Seller's Agent
Michelle Hodges
Russ Lyon Sotheby's International Realty
Buyer's Agent
Denise McManus
Local Luxury Christie's International Real Estate
List Price
$610,000
Sold Price
$615,000
Premium/Discount to List
$5,000
0.82%
Views
3
Current Estimated Value
$543,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$71,248
Avg. Annual Appreciation
-9.53%
Original Mortgage
$615,000
Outstanding Balance
$608,113
Interest Rate
6.49%
Mortgage Type
VA
Estimated Equity
-$64,361

Purchase Details

Listed on
Mar 14, 2023
Closed on
Apr 13, 2023
Sold by
Thompson Ross and Thompson Teresa
Bought by
Larson Katherine and Hanson Jonathan D
Seller's Agent
Caitlin McKeague
Real Broker
Buyer's Agent
Michelle Hodges
Russ Lyon Sotheby's International Realty
List Price
$484,900
Sold Price
$510,000
Premium/Discount to List
$25,100
5.18%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.58%
Original Mortgage
$484,500
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 3, 2017
Closed on
Mar 6, 2017
Sold by
25 Echo Llc
Bought by
Thompson Ross and Thompson Teresa
Seller's Agent
Jeannine Mills
HomeSmart
Buyer's Agent
Martin Crist
eXp Realty
List Price
$300,000
Sold Price
$290,000
Premium/Discount to List
-$10,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.76%
Original Mortgage
$299,570
Interest Rate
4.17%
Mortgage Type
VA

Purchase Details

Closed on
Feb 27, 2013
Sold by
Goodwin Susan D
Bought by
25 Echo Llc

Purchase Details

Closed on
Oct 18, 2006
Sold by
Goodwin Susan D
Bought by
Goodwin Susan D and Lailajai Trust

Purchase Details

Closed on
Oct 24, 1995
Sold by
Holland George W and Nancy Holland S
Bought by
Goodwin Susan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
7.58%
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
Lemay Andrea Lynn $615,000 Great American Title Agency
Larson Katherine $510,000 Arizona Premier Title
Thompson Ross $290,000 Equity Title Agency Inc
25 Echo Llc -- None Available
Goodwin Susan D -- None Available
Goodwin Susan D $138,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lemay Andrea Lynn $615,000
Previous Owner Larson Katherine $484,500
Previous Owner Thompson Ross $299,570
Previous Owner Goodwin Susan D $98,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2024 09/30/24 Sold $615,000 +0.8% $357 / Sq Ft
09/05/2024 09/05/24 For Sale $610,000 +19.6% $354 / Sq Ft
04/13/2023 04/13/23 Sold $510,000 +5.2% $309 / Sq Ft View Prior Sale
03/17/2023 03/17/23 For Sale $484,900 +67.2% $294 / Sq Ft
03/23/2017 03/23/17 Sold $290,000 -3.3% $176 / Sq Ft View Prior Sale
02/03/2017 02/03/17 For Sale $300,000 0.0% $182 / Sq Ft
02/14/2014 02/14/14 Rented $1,600 -5.9% --
02/08/2014 02/08/14 Under Contract -- -- --
12/01/2013 12/01/13 For Rent $1,700 -- --
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 $3,037 $27,246 -- --
2024 $2,863 $25,948 -- --
2023 $2,863 $35,430 $7,080 $28,350
2022 $2,762 $29,460 $5,890 $23,570
2021 $2,831 $30,250 $6,050 $24,200
2020 $2,756 $27,830 $5,560 $22,270
2019 $2,705 $25,330 $5,060 $20,270
2018 $2,629 $23,120 $4,620 $18,500
2017 $2,621 $24,920 $4,980 $19,940
2016 $2,919 $23,670 $4,730 $18,940
2015 $2,703 $24,150 $4,830 $19,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6748317

Arizona Regional Multiple Listing Service (ARMLS)

APN: 160-53-183