NOT LISTED FOR SALE

2601 E South Mountain Ave Phoenix, AZ 85042

South Mountain Neighborhood

Estimated Value: $421,000 - $547,918

4 Beds
1 Bath
1,788 Sq Ft
$270/Sq Ft Est. Value

Last Sold October 15, 2024

Last sale price $380,000 $213 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,554/month

42 Days on Market

Highlights

  • Horse Stalls
  • 0.79 Acre Lot
  • 1 Fireplace
  • RV Access or Parking
  • Mountain View
  • 4-minute walk to Francisco Highland Park

About This Home

As of October 2024

CASH ONLY***Located in a prime area, this exceptional property offers horse permits and incredible investment potential. With breathtaking views and ample space for equestrian facilities, it's perfect for those seeking a blend of rural charm and urban convenience. Don't miss this rare opportunity to own a valuable piece of real estate in a sought-after location.

Last Agent to Sell the Property

Ruben Luna

eXp Realty License #SA558959000 Listed on: 08/21/2024

Last Buyer's Agent

Ana Verdugo

Real Broker License #SA556172000

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,540

Year Built

  • Built in 1961

Lot Details

  • 0.79 Acre Lot
  • Wood Fence

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,788 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Mountain Views
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Bathroom

Parking

  • Side or Rear Entrance to Parking
  • RV Access or Parking

Schools

  • Kyrene De Las Lomas Elementary School
  • Kyrene Aprende Middle School
  • Mountain Pointe High School

Horse Facilities and Amenities

  • Horse Stalls

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Septic Tank

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Highland Terrace Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 301-28-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,540

Year Built

Built in 1961

Lot Details

0.79 Acres

Listing Details

  • Cross Street: 24th St and South Mountain Ave
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Separate Den Office Sep Den Office: N
  • Year Built: 1961
  • Tax Year: 2023
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.79
  • Subdivision Name: HIGHLAND TERRACE
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 212.53
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen
  • Living Area: 1788.0
  • Stories: 1
  • Kitchen Features:None42: Yes

Exterior Features

  • Fencing: Wood
  • Lot Features: Dirt Front, Dirt Back
  • Pool Features: None
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: RV Access/Parking, RV Gate, Rear Vehicle Entry
  • Attached Garage: No
  • Parking Features:RV Gate: Yes
  • Parking Features:Rear Vehicle Entry: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Other
  • Heating: Other, Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: 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 Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Kyrene de las Lomas School
  • High School: Mountain Pointe High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Kyrene Aprende Middle School

Lot Info

  • Horse Amenities: Stall
  • Land Lease: No
  • Lot Size Sq Ft: 34600.0
  • Parcel #: 301-28-006

Building Info

  • Builder Name: ukn

Tax Info

  • Tax Annual Amount: 1540.0
  • Tax Book Number: 301.00
  • Tax Lot: 5
  • Tax Map Number: 28.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2024
Closed on
Oct 9, 2024
Sold by
Cje Investments Llc
Bought by
Martinez Gabriel and Quinonez Enrique
Seller's Agent
Ruben Luna
eXp Realty
Buyer's Agent
Ana Verdugo
Real Broker
List Price
$390,000
Sold Price
$380,000
Premium/Discount to List
-$10,000
-2.56%
Views
44
Current Estimated Value
$465,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,481
Avg. Annual Appreciation
19.26%
Original Mortgage
$180,000
Outstanding Balance
$177,392
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$304,588

Purchase Details

Listed on
Aug 25, 2023
Closed on
Sep 22, 2023
Sold by
Sally Ann Maynard Revocable Living Trust
Bought by
Cje Investments Llc
Seller's Agent
Monica Astorga
Realty ONE Group
Buyer's Agent
Ruben Luna
eXp Realty
List Price
$350,000
Sold Price
$355,000
Premium/Discount to List
$5,000
1.43%
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.57%

Purchase Details

Closed on
Jan 8, 2007
Sold by
Maynard Leona Mae
Bought by
Maynard Sally Ann and Sally Ann Maynard Revocable Living Trust

Purchase Details

Closed on
Oct 7, 2005
Sold by
Maynard Sally Ann
Bought by
Maynard Leona M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
5.47%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 23, 2000
Sold by
Maynard Leona M
Bought by
Maynard Leona Mae and Leona Mae Maynard Revocable Living Trust

Purchase Details

Closed on
Sep 22, 2000
Sold by
Maynard Sally Ann and Atamian Sally A
Bought by
Maynard Sally Ann and Sally Ann Maynard Revocable Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Martinez Gabriel $380,000 Security Title Agency
Cje Investments Llc $355,000 Security Title Agency
Maynard Sally Ann -- None Available
Maynard Leona M -- --
Maynard Leona Mae -- --
Maynard Sally Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Gabriel $180,000
Previous Owner Maynard Leona M $330,000
Closed Maynard Leona M $330,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/15/2024 10/15/24 Sold $380,000 -3.6% $213 / Sq Ft
10/02/2024 10/02/24 Pending -- -- --
09/24/2024 09/24/24 Price Changed $394,000 -0.3% $220 / Sq Ft
09/20/2024 09/20/24 Price Changed $395,000 +1.3% $221 / Sq Ft
09/05/2024 09/05/24 For Sale $390,000 0.0% $218 / Sq Ft
09/03/2024 09/03/24 Pending -- -- --
08/28/2024 08/28/24 For Sale $390,000 0.0% $218 / Sq Ft
08/26/2024 08/26/24 Pending -- -- --
08/21/2024 08/21/24 For Sale $390,000 +9.9% $218 / Sq Ft
09/22/2023 09/22/23 Sold $355,000 +1.4% $199 / Sq Ft View Prior Sale
09/15/2023 09/15/23 Pending -- -- --
09/15/2023 09/15/23 For Sale $350,000 0.0% $196 / Sq Ft
08/30/2023 08/30/23 For Sale $350,000 -- $196 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,900 $18,050 -- --
2024 $1,540 $17,191 -- --
2023 $1,540 $32,750 $6,550 $26,200
2022 $1,466 $22,930 $4,580 $18,350
2021 $1,279 $19,770 $3,950 $15,820
2020 $1,247 $18,680 $3,730 $14,950
2019 $1,207 $15,050 $3,010 $12,040
2018 $1,166 $15,160 $3,030 $12,130
2017 $1,113 $14,520 $2,900 $11,620
2016 $1,128 $13,180 $2,630 $10,550
2015 $1,010 $16,210 $3,240 $12,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6746668

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-28-006

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