NOT LISTED FOR SALE

Estimated Value: $1,119,457 - $1,310,000

3 Beds
3 Baths
1,895 Sq Ft
$648/Sq Ft Est. Value

About This Home

This home is located at 2561 E Georgia Ave Unit III, Phoenix, AZ 85016 and is currently estimated at $1,228,364, approximately $648 per square foot. 2561 E Georgia Ave Unit III is a home located in Maricopa County with nearby schools including Madison Rose Lane Elementary School, Madison No. 1 Middle School, and Camelback High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2016
Sold by
Hedrick Ray D and Hedrick Lynn U
Bought by
The Ray & Lynn Hedrick Revocable Trust
Current Estimated Value
$1,228,364

Purchase Details

Closed on
Jun 11, 2003
Sold by
Hummel William E and Hummel Doris M
Bought by
Hedrick Ray D and Hedrick Lynn U

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Outstanding Balance
$107,479
Interest Rate
5.26%
Mortgage Type
New Conventional
Estimated Equity
$1,120,885

Purchase Details

Closed on
Sep 20, 1999
Sold by
Bicos Sandy E and Undi Gary C
Bought by
Hummel William E and Hummel Doris M

Purchase Details

Closed on
Aug 1, 1996
Sold by
Flannery John Joseph and Flannery Jack
Bought by
Undi Gary C and Bicos Sandy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,800
Interest Rate
8.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
The Ray & Lynn Hedrick Revocable Trust -- None Available
Hedrick Ray D $380,000 Equity Title Agency Inc
Hummel William E $345,000 Arizona Title Agency Inc
Undi Gary C $244,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hedrick Ray D $255,000
Previous Owner Undi Gary C $231,800
Source: Public Records

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 $6,042 $50,985 -- --
2024 $5,563 $48,557 -- --
2023 $5,563 $68,810 $13,760 $55,050
2022 $5,379 $55,760 $11,150 $44,610
2021 $5,431 $51,250 $10,250 $41,000
2020 $5,337 $49,420 $9,880 $39,540
2019 $5,206 $43,860 $8,770 $35,090
2018 $5,064 $46,550 $9,310 $37,240
2017 $4,797 $41,020 $8,200 $32,820
2016 $4,611 $39,460 $7,890 $31,570
2015 $4,249 $37,560 $7,510 $30,050
Source: Public Records

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