NOT LISTED FOR SALE

2518 W Nancy Ln Phoenix, AZ 85041

South Mountain Neighborhood

Estimated Value: $341,000 - $373,000

3 Beds
2 Baths
1,316 Sq Ft
$271/Sq Ft Est. Value

Last Sold September 05, 2012

Last sale price $78,000 $59 Per Sq Ft

Est. 357% increase in value since last sale

Current estimated payment $2,014/month

3 Days on Market

Highlights

  • Vaulted Ceiling
  • Spanish Architecture
  • Community Pool
  • Phoenix Coding Academy Rated A
  • Granite Countertops
  • Covered Patio or Porch

About This Home

As of September 2012

Bank approved at $83,000. Hurry!!! Will not last!!! Beautifully well kept 3/2 house in a quiet community, awaits the perfect buyer. This is Short Sale with one lender.See documents tab before writing offer!!

Last Agent to Sell the Property

Rufus Haynes

Renters Warehouse Arizona, LLC License #SA630282000 Listed on: 03/05/2012

Last Buyer's Agent

Linda Muncey

HomeSmart License #BR531106000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $981

Year Built

  • Built in 2004

Lot Details

  • 5,998 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 1,316 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Tile Flooring
  • Security System Leased

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Granite Countertops

Bedrooms and Bathrooms

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

Schools

  • Roosevelt Elementary School
  • Cesar Chavez High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Property is near bus stop

Listing and Financial Details

  • Tax Lot 74
  • Assessor Parcel Number 105-85-074

Community Details

Overview

  • Association fees include no fees
  • Mountain West Estates Subdivision

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$981

Year Built

Built in 2004

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Cross Street: 27th ave & Southern
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 50.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 2004
  • Tax Year: 2011
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.14
  • Subdivision Name: Mountain West Estates
  • Architectural Style: Spanish
  • Efficiency: Multi-Pane Wndws
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 59.27
  • Association Fees:HOA Fee2: 50.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Vaulted Ceiling(s), Pantry, Full Bth Master Bdrm, High Speed Internet, Granite Counters
  • Living Area: 1316.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features Pantry: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Near Bus Stop: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Desert Back, Natural Desert Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Community Pool, Near Bus Stop, Playground
  • Amenities: None
  • Association Fee: 50.0
  • Association Fee Frequency: Monthly
  • Association Name: unknown
  • Phone: xxx-xxx-xxxx
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 500.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: unknown
  • 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: Roosevelt Elementary School
  • High School: Cesar Chavez 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: 5998.0
  • Parcel #: 105-85-074
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 981.0
  • Tax Book Number: 105.00
  • Tax Lot: 74
  • Tax Map Number: 85.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2016
Sold by
Zells Michael
Bought by
Chavez Jacob
Current Estimated Value
$356,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,701
Outstanding Balance
$124,563
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$231,730

Purchase Details

Listed on
Mar 5, 2012
Closed on
Aug 25, 2012
Sold by
Rader Kenneth R and Rader Melinda J
Bought by
Zells Michael
Seller's Agent
Rufus Haynes
Renters Warehouse Arizona, LLC
Buyer's Agent
Linda Muncey
HomeSmart
List Price
$83,000
Sold Price
$78,000
Premium/Discount to List
-$5,000
-6.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.02%

Purchase Details

Closed on
Jan 5, 2006
Sold by
Rader Kenneth R
Bought by
Rader Kenneth R and Rader Melinda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.32%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 2, 2005
Sold by
Cornerstone Mountain West Llc
Bought by
Rader Kenneth R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,100
Interest Rate
6.02%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 29, 2005
Sold by
Rader Melinda
Bought by
Rader Kenneth R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,100
Interest Rate
6.02%
Mortgage Type
Credit Line Revolving
Source: Public Records
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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
Chavez Jacob $154,500 Chicago Title Agency
Zells Michael $78,000 Fidelity National Title Agen
Rader Kenneth R -- Security Title Agency Inc
Rader Kenneth R $180,486 Lawyers Title Ins
Cornerstone Mountain West Llc $90,153 Lawyers Title Ins
Rader Kenneth R -- Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chavez Jacob $151,701
Previous Owner Rader Kenneth R $200,000
Previous Owner Rader Kenneth R $36,100
Previous Owner Cornerstone Mountain West Llc $144,350
Previous Owner Rader Kenneth R $144,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2012 09/05/12 Sold $78,000 -6.0% $59 / Sq Ft
07/25/2012 07/25/12 For Sale $83,000 0.0% $63 / Sq Ft
07/25/2012 07/25/12 Price Changed $83,000 +33.9% $63 / Sq Ft
03/08/2012 03/08/12 Pending -- -- --
03/05/2012 03/05/12 For Sale $62,000 -- $47 / 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 $1,429 $10,573 -- --
2024 $1,350 $10,070 -- --
2023 $1,350 $25,570 $5,110 $20,460
2022 $1,322 $18,910 $3,780 $15,130
2021 $1,364 $16,860 $3,370 $13,490
2020 $1,347 $15,220 $3,040 $12,180
2019 $1,301 $13,650 $2,730 $10,920
2018 $1,264 $13,070 $2,610 $10,460
2017 $1,178 $11,180 $2,230 $8,950
2016 $1,272 $9,830 $1,960 $7,870
2015 $1,197 $9,360 $1,870 $7,490
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Rufus Haynes

    Renters Warehouse Arizona, LLC

    Section Image
  • Linda Muncey

    Buyer's Agent in 2012

    Linda Muncey

    HomeSmart

    (602) 292-1177

    15 Total Sales

    Linda Muncey
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4725706

Arizona Regional Multiple Listing Service (ARMLS)

APN: 105-85-074

Arizona Maricopa County Phoenix 85041 South Mountain

2518 W Nancy Ln, 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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