NOT LISTED FOR SALE

2520 N 50th Ln Phoenix, AZ 85035

Maryvale Neighborhood

Estimated Value: $261,000 - $331,000

3 Beds
2 Baths
1,218 Sq Ft
$252/Sq Ft Est. Value

Last Sold August 12, 2016

Last sale price $118,333 $97 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $1,700/month

11 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Grass Covered Lot
  • Phoenix Coding Academy Rated A
  • Tile Flooring
  • Heating Available

About This Home

As of August 2016

Phenomenal investment opportunity! Currently under lease with consistent tenant for past two years for $950/month! Property has passed annual section 8 certification for third consecutive year. Available as individual property or in bulk with following properties: 5443670, 5443682, 5443680, 5443676, 5443673, 5443672

Last Agent to Sell the Property

Adrian James

Keller Williams Arizona Realty License #SA659938000 Listed on: 05/16/2016

Co-Listed By

Andrew Tate

Keller Williams Arizona Realty License #BR038343000

Last Buyer's Agent

Thomas Pandelakis

HomeSmart Realty License #SA655966000

HomeSmart Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $703

Year Built

  • Built in 1974

Lot Details

  • 6,399 Sq Ft Lot
  • Block Wall Fence
  • Grass Covered Lot

Parking

  • 1 Carport Space

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,218 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

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

Schools

  • Harris Elementary School
  • Frank Borman Middle School
  • Maryvale High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Braewood Estates 3 Subdivision

Listing and Financial Details

  • Tax Lot 198
  • Assessor Parcel Number 103-19-203

Home Details

Home Type

Single Family

Est. Annual Taxes

$703

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Cross Street: 51st Ave and McDowell
  • Legal Info Range: 2E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1974
  • Tax Year: 2015
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.15
  • Co List Office Mls Id: kwaz10
  • Co List Office Phone: 480-767-3000
  • Subdivision Name: BRAEWOOD ESTATES 3
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Full Bth Master Bdrm
  • Living Area: 1218.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Grass Front, Grass Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Brick Veneer, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: Not Managed
  • 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: Harris Elementary School
  • High School: Maryvale High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Frank Borman School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6399.0
  • Parcel #: 103-19-203
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 703.0
  • Tax Book Number: 103.00
  • Tax Lot: 198
  • Tax Map Number: 19.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2016
Closed on
Jul 7, 2016
Sold by
Aom At 2807 N 49Th Ave Llc
Bought by
Domestica Properties Llc
Seller's Agent
Adrian James
Keller Williams Arizona Realty
Buyer's Agent
Thomas Pandelakis
HomeSmart Realty
List Price
$130,000
Sold Price
$118,333
Premium/Discount to List
-$11,667
-8.97%
Current Estimated Value
$306,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,542
Avg. Annual Appreciation
11.18%
Original Mortgage
$368,000
Outstanding Balance
$296,786
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$14,505

Purchase Details

Closed on
Jan 20, 2012
Sold by
Soto Gerardo and Soto Olga
Bought by
Aom At 2807 N 49Th Avenue Llc

Purchase Details

Closed on
Jun 15, 2000
Sold by
Desoto Gerardo
Bought by
Soto Gerardo and Desoto Olga Acosta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,243
Interest Rate
8.27%

Purchase Details

Closed on
Jun 15, 1994
Sold by
Santamaria Donald F and Santamaria Maria G
Bought by
Soto Gerardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,525
Interest Rate
8.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Domestica Properties Llc $460,000 Security Title Agency Inc
Aom At 2807 N 49Th Avenue Llc $51,000 Fidelity Natl Title Agency I
Soto Gerardo -- First American Title
Soto Gerardo $39,500 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Domestica Properties Llc $368,000
Previous Owner Soto Gerardo $56,243
Previous Owner Soto Gerardo $37,525
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2016 08/12/16 Sold $118,333 -9.0% $97 / Sq Ft
05/16/2016 05/16/16 For Sale $130,000 -- $107 / 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 $881 $5,381 -- --
2024 $860 $5,125 -- --
2023 $860 $21,880 $4,370 $17,510
2022 $820 $17,850 $3,570 $14,280
2021 $817 $14,400 $2,880 $11,520
2020 $802 $13,160 $2,630 $10,530
2019 $788 $11,330 $2,260 $9,070
2018 $790 $9,960 $1,990 $7,970
2017 $785 $8,130 $1,620 $6,510
2016 $760 $6,980 $1,390 $5,590
2015 $703 $6,030 $1,200 $4,830
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    Adrian James

    Keller Williams Arizona Realty

  • Andrew Tate

    Seller Co-Listing Agent in 2016

    Andrew Tate

    Keller Williams Arizona Realty

    (480) 203-7498

    11 Total Sales

    Andrew Tate
    Section Image

  • T

    Buyer's Agent in 2016

    Thomas Pandelakis

    HomeSmart Realty

    (602) 761-4600

    1 in this area

    9 Total Sales

    Thomas Pandelakis
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5443678

Arizona Regional Multiple Listing Service (ARMLS)

APN: 103-19-203

Arizona Maricopa County Phoenix 85035 Maryvale

2520 N 50th Ln, Phoenix, AZ

This home is located at 2520 N 50th Ln, Phoenix, AZ 85035 since 16 May 2016 and is currently estimated at $306,875, approximately $251 per square foot. This property was built in 1974. 2520 N 50th Ln is a home located in Maricopa County with nearby schools including Joseph Zito Elementary School, Maryvale 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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