NOT LISTED FOR SALE

2531 E Marguerite Ave Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $206,741 - $239,000

1 Bed
1 Bath
612 Sq Ft
$374/Sq Ft Est. Value

Last Sold April 10, 2015

Last sale price $24,000 $39 Per Sq Ft

Est. 864% increase in value since last sale

Current estimated payment $1,288/month

50 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • 1-Story Property
  • Phoenix Coding Academy Rated A
  • No Heating

About This Home

As of April 2015

This is a great deal on this piece of land. This 7505 SF lot has utilities on the property. Zoned R3. There is a 612 SF building but the value is in the land. Seller may carry with 15K down.

Last Agent to Sell the Property

Kristopher Ontiveros

My Home Group Real Estate License #SA558479000 Listed on: 01/07/2015

My Home Group Real Estate

Last Buyer's Agent

Matthew Slechta

AZ Brokerage Holdings, LLC License #SA656563000

AZ Brokerage Holdings, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $193

Year Built

  • Built in 1955

Lot Details

  • 7,505 Sq Ft Lot
  • Chain Link Fence

Home Design

  • Block Exterior

Interior Spaces

  • 612 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Schools

  • Roosevelt Elementary School
  • Kings Ridge Middle School
  • South Mountain High School

Utilities

  • Cooling Available
  • No Heating

Listing and Financial Details

  • Tax Lot 94
  • Assessor Parcel Number 122-56-076

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Broadway Estates Subdivision

Amenities

  • No Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$193

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Cross Street: 24th St and 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
  • Separate Den Office Sep Den Office: N
  • Year Built: 1955
  • Tax Year: 2014
  • Directions: East to 26th St, South to Marguerite, West to property.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.17
  • Subdivision Name: Broadway Estates
  • Property Attached Yn: No
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Other
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 612.0
  • Stories: 1
  • Kitchen Features:None42: Yes

Exterior Features

  • Fencing: Chain Link
  • Pool Features: None
  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes

Utilities

  • Cooling: Other, See Remarks
  • Heating: None
  • Laundry Features: None
  • Cooling Y N: Yes
  • Heating Yn: No
  • Water Source: City Water
  • Heating:No Heat: Yes
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • 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: Kings Ridge School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7505.0
  • Parcel #: 122-56-076

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Annual Amount: 193.08
  • Tax Book Number: 122.00
  • Tax Lot: 94
  • Tax Map Number: 56.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2019
Sold by
Montelongo Ana Teresa Mata and Garcia Preycer
Bought by
Mata Claudia and Lozano Jorge Palomino
Current Estimated Value
$231,364

Purchase Details

Closed on
Jul 20, 2016
Sold by
Arrellanes Hector
Bought by
Montelongo Ana Teresa Mata

Purchase Details

Listed on
Jan 7, 2015
Closed on
Apr 8, 2015
Sold by
Martinez Norma and Arrellanes Hector
Bought by
Arrellanes Hector and Martinez Norma
Seller's Agent
Kristopher Ontiveros
My Home Group Real Estate
Buyer's Agent
Matthew Slechta
AZ Brokerage Holdings, LLC
List Price
$24,000
Sold Price
$24,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.36%
Original Mortgage
$20,000
Interest Rate
3.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 7, 2015
Closed on
Apr 7, 2015
Sold by
Wiin Llc
Bought by
Arrellanes Hector
Seller's Agent
Kristopher Ontiveros
My Home Group Real Estate
Buyer's Agent
Matthew Slechta
AZ Brokerage Holdings, LLC
List Price
$24,000
Sold Price
$24,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
3.8%
Mortgage Type
Purchase Money Mortgage
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
Mata Claudia -- None Available
Montelongo Ana Teresa Mata $85,000 Empire West Title Agency
Arrellanes Hector -- Pioneer Title Agency Inc
Arrellanes Hector $24,000 Pioneer Title Agency Inc
Wiiin Llc $8,000 Pioneer Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arrellanes Hector $20,000
Previous Owner Wiiin Llc $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2015 04/10/15 Sold $24,000 0.0% $39 / Sq Ft
02/26/2015 02/26/15 Pending -- -- --
02/20/2015 02/20/15 For Sale $24,000 0.0% $39 / Sq Ft
02/16/2015 02/16/15 Off Market $24,000 -- --
02/09/2015 02/09/15 Price Changed $24,000 -14.3% $39 / Sq Ft
01/07/2015 01/07/15 For Sale $28,000 -- $46 / 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 $247 $1,877 -- --
2024 $240 $1,788 -- --
2023 $240 $13,810 $2,760 $11,050
2022 $235 $10,110 $2,020 $8,090
2021 $242 $8,160 $1,630 $6,530
2020 $239 $7,050 $1,410 $5,640
2019 $231 $5,370 $1,070 $4,300
2018 $224 $4,330 $860 $3,470
2017 $209 $3,150 $630 $2,520
2016 $226 $2,530 $500 $2,030
2015 $213 $2,010 $400 $1,610
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2015

    Kristopher Ontiveros

    My Home Group Real Estate

    (480) 785-0431

    3 in this area

    15 Total Sales

    Section Image

  • M

    Buyer's Agent in 2015

    Matthew Slechta

    Realty Executives

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5233494

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-56-076

Arizona Maricopa County Phoenix 85040 South Mountain

2531 E Marguerite Ave, Phoenix, AZ

This home is located at 2531 E Marguerite Ave, Phoenix, AZ 85040 since 07 January 2015 and is currently estimated at $229,185, approximately $374 per square foot. This property was built in 1955. 2531 E Marguerite 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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