NOT LISTED FOR SALE

2505 E Corona Ave Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $362,000 - $392,000

4 Beds
2 Baths
1,470 Sq Ft
$258/Sq Ft Est. Value

Last Sold September 20, 2017

Last sale price $189,000 $129 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $2,151/month

26 Days on Market

Highlights

  • Home Energy Rating Service (HERS) Rated Property
  • No HOA
  • Double Pane Windows
  • Phoenix Coding Academy Rated A
  • Eat-In Kitchen
  • Patio

About This Home

As of September 2017

Brand new SRP ENERGY STAR home under construction with $15,000 homebuyer assistance! (NSP down payment assistance based on household income and program qualifying criteria) This energy efficient home features a spacious floor plan with walk in closets, stainless steel kitchen appliances, 2 inch window blinds, front yard landscaping (crushed granite back yard covering), dual pane windows and more. Alarm conveys with sale. Owner occupants only. (completion estimated to be by the end of July)

Last Agent to Sell the Property

Karen Davis

Hit Realty Advisors,LLC License #SA637084000 Listed on: 06/29/2017

Co-Listed By

Krista Schwartz

West USA Realty License #BR505679000

Last Buyer's Agent

Yang Yang

DeLex Realty License #SA643092000

DeLex Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,621

Year Built

  • Built in 2017

Lot Details

  • 7,527 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Sprinklers on Timer

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Spray Foam Insulation
  • Tile Roof
  • Low Volatile Organic Compounds (VOC) Products or Finishes
  • Stucco

Interior Spaces

  • 1,470 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Easy To Use Faucet Levers
  • Low Flow Plumbing Fixtures

Accessible Home Design

  • Accessible Hallway
  • Doors are 32 inches wide or more
  • Stepless Entry

Eco-Friendly Details

  • Home Energy Rating Service (HERS) Rated Property
  • Energy Monitoring System
  • No or Low VOC Paint or Finish
  • Mechanical Fresh Air

Outdoor Features

  • Patio

Schools

  • Roosevelt Elementary School
  • South Mountain High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Listing and Financial Details

  • Tax Lot 51
  • Assessor Parcel Number 122-56-042-A

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Built by Mandalay Homes
  • Broadway Estates Lots 137 158 Subdivision, Summit Floorplan

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,621

Year Built

Built in 2017

Lot Details

0

Parking

2

Listing Details

  • Cross Street: 24th St/Broadway
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Cooling HVAC SEER Rating: 15
  • Energy Green Feature H E R S Cert Date: 2016-07-19
  • Energy Green Feature H E R S Rating: Y
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2017
  • Tax Year: 2016
  • Directions: East on Broadway to 25th Street, South on 25th to Corona, East on Corona to property.
  • Master Model: Summit
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.17
  • Co List Office Mls Id: wusa02
  • Co List Office Phone: 480-948-5554
  • Subdivision Name: BROADWAY ESTATES LOTS 137-158
  • Efficiency: Energy Audit, Fresh Air Mechanical
  • Property Attached Yn: No
  • Tax Parcel Letter: A
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Windows:Low-E: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Accessibility Features: Accessible Door 32in+ Wide, Zero-Grade Entry, Bath Lever Faucets, Accessible Hallway(s)
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Pantry, Full Bth Master Bdrm
  • Living Area: 1470.0
  • Stories: 1
  • Window Features: Dual Pane, ENERGY STAR Qualified Windows, Low-E
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Patio
  • Lot Features: Alley, Desert Front, Gravel/Stone Back, Auto Timer H2O Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Other (See Remarks)
  • Construction Type: Low VOC Paint, Stucco, Frame - Wood, Spray Foam Insulation
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes
  • Construction:Spray Foam Insulatn: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Electric
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • 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

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Roosevelt Elementary School
  • High School: South Mountain High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Roosevelt Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7527.0
  • Parcel #: 122-56-042-A
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Low-Flow Fixtures
  • GreenEnergy Cert:Energy Star Cert: Yes
  • GreenEnergy Cert:Indoor airPLUS Pkg: Yes

Building Info

  • Builder Name: Mandalay Homes

Tax Info

  • Tax Book Number: 122.00
  • Tax Lot: 51
  • Tax Map Number: 56.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2017
Closed on
Sep 5, 2017
Sold by
Fsl Real Estate Services
Bought by
Li Mian and Tian Zhiyan
Seller's Agent
Karen Davis
Hit Realty Advisors,LLC
Buyer's Agent
Yang Yang
DeLex Realty
List Price
$189,000
Sold Price
$189,000
Current Estimated Value
$379,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,941
Avg. Annual Appreciation
9.03%
Original Mortgage
$120,000
Outstanding Balance
$64,783
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$315,158

Purchase Details

Closed on
Sep 7, 2016
Sold by
City Of Phoenix
Bought by
Fsl Real Estate Services

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,895
Interest Rate
3.45%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 7, 2007
Sold by
Mojave Enterprises Llc
Bought by
City Of Phoenix

Purchase Details

Closed on
May 9, 2007
Sold by
Ez Homes Inc
Bought by
Mohave Ltd Llc

Purchase Details

Closed on
Apr 10, 2007
Sold by
Thornton Steven Simon
Bought by
Ez Homes Inc

Purchase Details

Closed on
Aug 11, 2005
Sold by
Thornton Adoris S and Thornton Bobbie Jean
Bought by
Thornton Steven Simon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
7.6%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 16, 1997
Sold by
Gonzalez Kathleen
Bought by
Thornton Adoris S and Thornton Bobbie Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,500
Interest Rate
7.46%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 13, 1997
Sold by
Jones Watt and Thornton Bobbie Jean
Bought by
Gonzalez Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,500
Interest Rate
7.46%
Mortgage Type
Seller Take Back
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
Li Mian $189,000 North American Title Company
Fsl Real Estate Services -- Chicago Title Agency
City Of Phoenix -- Land Title Agency Of Az Inc
Mohave Ltd Llc -- None Available
Ez Homes Inc $92,000 None Available
Thornton Steven Simon $120,000 North American Title Co
Thornton Adoris S -- Capital Title Agency
Gonzalez Kathleen -- Capital Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Mian $120,000
Previous Owner Fsl Real Estate Services $16,895
Previous Owner Thornton Steven Simon $78,000
Previous Owner Thornton Adoris S $9,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2017 09/20/17 Sold $189,000 0.0% $129 / Sq Ft
07/25/2017 07/25/17 Pending -- -- --
06/29/2017 06/29/17 For Sale $189,000 -- $129 / 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 $1,621 $12,306 -- --
2024 $1,571 $11,720 -- --
2023 $1,571 $26,220 $5,240 $20,980
2022 $1,539 $20,120 $4,020 $16,100
2021 $1,587 $18,160 $3,630 $14,530
2020 $1,567 $17,000 $3,400 $13,600
2019 $1,514 $14,130 $2,820 $11,310
2018 $1,471 $4,095 $4,095 $0
2017 $565 $4,095 $4,095 $0
2016 $0 $3,795 $3,795 $0
2015 -- $2,928 $2,928 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Davis

    Seller's Agent in 2017

    Karen Davis

    Hit Realty Advisors,LLC

    (623) 764-1854

    6 in this area

    9 Total Sales

    Karen Davis
    Section Image

  • K

    Seller Co-Listing Agent in 2017

    Krista Schwartz

    West USA Realty

    Section Image
  • Yang Yang

    Buyer's Agent in 2017

    Yang Yang

    DeLex Realty

    (480) 735-4822

    5 Total Sales

    Yang Yang
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5626331

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-56-042A

Arizona Maricopa County Phoenix 85040 South Mountain

2505 E Corona Ave, Phoenix, AZ

This home is located at 2505 E Corona Ave, Phoenix, AZ 85040 since 29 June 2017 and is currently estimated at $379,941, approximately $258 per square foot. This property was built in 2017. 2505 E Corona Ave 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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