NOT LISTED FOR SALE

2912 E Michigan Ave Unit 8 Phoenix, AZ 85032

Paradise Valley Village Neighborhood

Estimated Value: $416,000 - $458,000

3 Beds
2 Baths
1,426 Sq Ft
$308/Sq Ft Est. Value

Last Sold December 19, 2012

Last sale price $135,000 $95 Per Sq Ft

Est. 226% increase in value since last sale

Current estimated payment $2,430/month

42 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • Patio
  • Paradise Valley High School Rated A
  • Eat-In Kitchen
  • Tile Flooring

About This Home

As of December 2012

New, New, New! 3 bedroom, 1.75 bath home with 1,426 square feet in Pepper Ridge sub-division. Open floor plan, tile & laminate wood flooring, living room & family room, master bedroom with separate exit. Super clean, freshly painted. This home is move-in ready and won't last long. A great opportunity for the right buyer! NSP2 property, must be OWNER OCCUPIED.

Last Agent to Sell the Property

Mark Buonincontro

Elite Real Estate, LLC License #BR549042000 Listed on: 08/15/2012

Last Buyer's Agent

Brenda Fouts

West USA Realty License #SA535473000

West USA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,296

Year Built

  • Built in 1986

Lot Details

  • 6,859 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence
  • Grass Covered Lot

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,426 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Patio

Schools

  • Campo Bello Elementary School
  • Vista Verde Middle School
  • Paradise Valley High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Pepper Ridge Subdivision

Listing and Financial Details

  • Tax Lot 123
  • Assessor Parcel Number 214-02-300

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,296

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Union Hills & 32nd Street
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 1986
  • Tax Year: 2011
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.16
  • Co List Office Mls Id: erel01
  • Co List Office Phone: 623-466-9200
  • Subdivision Name: Pepper Ridge
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 94.67
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, 3/4 Bath Master Bdrm, High Speed Internet
  • Living Area: 1426.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes

Exterior Features

  • Fencing: Block, Wood
  • Exterior Features: Patio
  • Lot Features: Grass Front, Grass Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Other (See Remarks)
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: Not Managed, None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Campo Bello Elementary School
  • High School: Paradise Valley High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Vista Verde Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6859.0
  • Parcel #: 214-02-300
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 1296.0
  • Tax Book Number: 214.00
  • Tax Lot: 123
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2012
Closed on
Dec 18, 2012
Sold by
Cplc Holding & Asset Management Company
Bought by
Borter Donna
Seller's Agent
Mark Buonincontro
Elite Real Estate, LLC
Buyer's Agent
Brenda Fouts
West USA Realty
List Price
$120,000
Sold Price
$135,000
Premium/Discount to List
$15,000
12.5%
Current Estimated Value
$439,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,768
Avg. Annual Appreciation
9.55%
Original Mortgage
$129,730
Outstanding Balance
$89,882
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$349,886

Purchase Details

Closed on
May 13, 2011
Sold by
Federal National Mortgage Association
Bought by
Cplc Holding & Asset Management Company

Purchase Details

Closed on
Sep 20, 2010
Sold by
Martin Michael J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 19, 2002
Sold by
Vani Joseph M
Bought by
Martin Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,929
Interest Rate
6.6%
Mortgage Type
FHA

Purchase Details

Closed on
May 26, 1999
Sold by
Bushey Carl E and Bushey Theresa G
Bought by
Vani Joseph M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,370
Interest Rate
6.86%
Mortgage Type
FHA
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Borter Donna $135,000 First American Title
Cplc Holding & Asset Management Company $88,110 Chicago Title
Federal National Mortgage Association $179,288 None Available
Martin Michael J $134,000 Capital Title Agency Inc
Vani Joseph M $84,500 Ati Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borter Donna $129,730
Previous Owner Martin Michael J $131,929
Previous Owner Vani Joseph M $84,370
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2012 12/19/12 Sold $135,000 +12.5% $95 / Sq Ft
09/26/2012 09/26/12 Pending -- -- --
08/15/2012 08/15/12 For Sale $120,000 -- $84 / 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 $1,364 $15,752 -- --
2024 $1,299 $15,002 -- --
2023 $1,299 $30,380 $6,070 $24,310
2022 $1,287 $22,680 $4,530 $18,150
2021 $1,308 $20,980 $4,190 $16,790
2020 $1,263 $19,580 $3,910 $15,670
2019 $1,269 $18,120 $3,620 $14,500
2018 $1,223 $16,070 $3,210 $12,860
2017 $1,168 $14,960 $2,990 $11,970
2016 $1,149 $14,170 $2,830 $11,340
2015 $1,066 $11,800 $2,360 $9,440
Source: Public Records

Agents Affiliated with this Home

  • Mark Buonincontro

    Seller's Agent in 2012

    Mark Buonincontro

    Elite Real Estate, LLC

    (623) 466-9200

    17 Total Sales

    Mark Buonincontro
    Section Image
  • Brenda Fouts

    Buyer's Agent in 2012

    Brenda Fouts

    West USA Realty

    (602) 818-9670

    46 Total Sales

    Brenda Fouts
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4804254

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-02-300

Arizona Maricopa County Phoenix 85032 Paradise Valley Village

2912 E Michigan Ave Unit 8, Phoenix, AZ

Not Listed for Sale

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

Nearby Homes