NOT LISTED FOR SALE

2550 W Novak Way Phoenix, AZ 85041

South Mountain Neighborhood

Estimated Value: $317,464 - $370,000

3 Beds
2 Baths
1,316 Sq Ft
$268/Sq Ft Est. Value

About This Home

This single story house has 3 bed, 2 bath, new appliances, new carpet and tile, and a walk-in closet.

2.5% admin fee plus city taxes added to monthly rent. $300 of security deposit is nonrefundable for the admin fee of $100 and Cleaning Fee of $200. Tenant to verify utilities.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2014
Sold by
Thr Phoenix Lp
Bought by
2014-3 Ih Borrower Lp
Current Estimated Value
$352,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$769,322,000
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 2012
Sold by
Lexington Financial Llc
Bought by
Thr Phoenix Llc

Purchase Details

Closed on
Jun 28, 2011
Sold by
Bair Group Pllc
Bought by
Lexington Financial Services Llc

Purchase Details

Closed on
Jun 21, 2011
Sold by
Bank Of America National Association
Bought by
Bair Group Pllc

Purchase Details

Closed on
Apr 22, 2011
Sold by
Grant Travon
Bought by
Bank Of America National Association

Purchase Details

Closed on
Jul 21, 2006
Sold by
Tawakali Nabi G and Tawakali Zohra
Bought by
Grant Travon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,320
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2004
Sold by
Cornerstone Mountain West Llc
Bought by
Tawakali Nabi G and Tawakali Zohra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,750
Interest Rate
5.37%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
2014-3 Ih Borrower Lp -- None Available
Thr Phoenix Llc $85,630 First American Title Insuran
Lexington Financial Services Llc -- None Available
Bair Group Pllc $56,500 Great American Title Agency
Bank Of America National Association $60,900 None Available
Grant Travon $242,900 None Available
Tawakali Nabi G $165,969 Lawyers Title Ins
Cornerstone Mountain West Llc $90,153 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 2014-3 Ih Borrower Lp $769,322,000
Previous Owner Grant Travon $194,320
Previous Owner Grant Travon $48,580
Previous Owner Tawakali Nabi G $132,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2014 01/28/14 Rented $875 0.0% --
01/17/2014 01/17/14 Under Contract -- -- --
01/16/2014 01/16/14 For Rent $875 -- --

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 $1,578 $10,743 -- --
2024 $1,533 $10,231 -- --
2023 $1,533 $25,800 $5,160 $20,640
2022 $1,502 $19,020 $3,800 $15,220
2021 $1,533 $17,060 $3,410 $13,650
2020 $1,514 $15,400 $3,080 $12,320
2019 $1,465 $13,820 $2,760 $11,060
2018 $1,426 $13,280 $2,650 $10,630
2017 $1,359 $11,310 $2,260 $9,050
2016 $1,292 $9,970 $1,990 $7,980
2015 $1,216 $9,470 $1,890 $7,580
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Melissa McAfee

    Evergreen Live (AZ), LLC

    (480) 937-7008

    Melissa McAfee
    Section Image

  • K

    Buyer's Agent in 2014

    Kristi McCann

    DeLex Realty

    (480) 899-8004

    3 Total Sales

    Kristi McCann
    Section Image
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Map

Arizona Maricopa County Phoenix 85041 South Mountain

2550 W Novak Way, Phoenix, AZ

This home is located at 2550 W Novak Way, Phoenix, AZ 85041 and is currently estimated at $352,116, approximately $267 per square foot. 2550 W Novak Way is a home located in Maricopa County with nearby schools including Bernard Black Elementary School, Cesar Chavez 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.

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