NOT LISTED FOR SALE

2541 E Marguerite Ave Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $373,000 - $429,000

4 Beds
2 Baths
1,594 Sq Ft
$248/Sq Ft Est. Value

Last Sold May 31, 2018

Last sale price $199,000 $125 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $2,326/month

77 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 May 2018

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 and buyers cannot be on title to any other property. Construction of this property is estimated to be complete in early May, 2018.

Last Agent to Sell the Property

Karen Davis

Hit Realty Advisors,LLC License #SA637084000 Listed on: 12/08/2017

Co-Listed By

Krista Schwartz

West USA Realty License #BR505679000

Last Buyer's Agent

Tony Verlander

HomeSmart License #SA541827000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,871

Year Built

  • Built in 2018

Lot Details

  • 7,191 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

  • 1,594 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity

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 with lever handles
  • 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 96
  • Assessor Parcel Number 122-57-067-A

Community Details

Overview

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

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,871

Year Built

Built in 2018

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: 2017-12-08
  • Energy Green Feature H E R S Rating: Y
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2018
  • Tax Year: 2016
  • 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
  • ResoBuildingAreaSource: Assessor
  • 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: Zero-Grade Entry, Lever Handles, 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: 1594.0
  • 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: None
  • Construction Type: Low VOC Paint, Painted, 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
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Ceiling Fan(s), Programmable Thmstat, Refrigeration
  • Heating: Electric
  • 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
  • Middle Or Junior School: Roosevelt Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7191.0
  • Parcel #: 122-57-067-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

Tax Info

  • Tax Book Number: 122.00
  • Tax Lot: 96
  • Tax Map Number: 57.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2017
Closed on
Apr 30, 2018
Sold by
Fsl Real Estate Services
Bought by
Walthers Jamie M
Seller's Agent
Karen Davis
Hit Realty Advisors,LLC
Buyer's Agent
Tony Verlander
HomeSmart
List Price
$199,000
Sold Price
$199,000
Current Estimated Value
$396,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,287
Avg. Annual Appreciation
9.96%
Original Mortgage
$15,000
Interest Rate
4.4%
Mortgage Type
Second Mortgage Made To Cover Down Payment

Purchase Details

Closed on
Aug 15, 2017
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
3.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 13, 2007
Sold by
City Of Phoenix
Bought by
Community Excellence Project Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000
Interest Rate
6.26%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 1, 2006
Sold by
City Of Phoenix
Bought by
Montoya Alicia Lopez
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
Walthers Jamie M $199,000 Chicago Title Agency Inc
Fsl Real Estate Services -- None Available
Community Excellence Project Inc -- Lawyers Title Of Arizona Inc
Montoya Alicia Lopez -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walthers Jamie M $250,800
Closed Walthers Jamie M $15,000
Closed Walthers Jamie M $189,458
Previous Owner Fsl Real Estate Services $188,934
Previous Owner Fsl Real Estate Services $16,895
Previous Owner Community Excellence Project Inc $5,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2018 05/31/18 Sold $199,000 0.0% $125 / Sq Ft
02/23/2018 02/23/18 Pending -- -- --
12/08/2017 12/08/17 For Sale $199,000 -- $125 / 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 $1,871 $14,203 -- --
2024 $1,814 $13,526 -- --
2023 $1,814 $27,020 $5,400 $21,620
2022 $1,776 $20,720 $4,140 $16,580
2021 $1,832 $18,720 $3,740 $14,980
2020 $1,809 $17,610 $3,520 $14,090
2019 $1,747 $14,720 $2,940 $11,780
2018 $571 $3,945 $3,945 $0
2017 $0 $3,945 $3,945 $0
2016 $0 $3,660 $3,660 $0
2015 -- $2,816 $2,816 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Davis

    Seller's Agent in 2018

    Karen Davis

    Hit Realty Advisors,LLC

    (623) 764-1854

    18 in this area

    21 Total Sales

    Section Image

  • K

    Seller Co-Listing Agent in 2018

    Krista Schwartz

    West USA Realty

    Section Image
  • Tony Verlander

    Buyer's Agent in 2018

    Tony Verlander

    HomeSmart

    (480) 495-4625

    1 in this area

    24 Total Sales

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5696688

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-57-067A

Arizona Maricopa County Phoenix 85040 South Mountain

2541 E Marguerite Ave, Phoenix, AZ

This home is located at 2541 E Marguerite Ave, Phoenix, AZ 85040 since 08 December 2017 and is currently estimated at $396,060, approximately $248 per square foot. This property was built in 2018. 2541 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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