NOT LISTED FOR SALE

3018 N 86th Ln Phoenix, AZ 85037

Estimated Value: $332,000 - $353,000

2 Beds
1 Bath
1,302 Sq Ft
$262/Sq Ft Est. Value

Last Sold January 18, 2023

Last sale price $210,000 $161 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,931/month

51 Days on Market

Highlights

  • Private Pool
  • Eat-In Kitchen
  • Concrete Flooring
  • No HOA
  • Evaporated cooling system
  • Heating Available

About This Home

As of January 2023

COME OUT AND SEE FOR YOURSELF!!! All Investors, Flippers and anyone interested in rolling up your sleeves and looking for an opportunity to put in the work are welcome. This is a double lot (see APN 102-73-505) for a total of over 12,400 sq ft lot!! Only about 4.5 miles to Cardinals Stadium, and about 10 minutes to Westgate Entertainment District...and NO HOA!! TONS of shopping, Costco, restaurants etc. only a couple of miles away and convenient access to the Loop 101 and I-10 freeways. More Pictures available.

Last Agent to Sell the Property

Susan Reynolds

72SOLD License #SA665757000 Listed on: 11/15/2022

72SOLD

Last Buyer's Agent

Ashley Sanchez Ochoa

eXp Realty License #SA677897000

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,438

Year Built

  • Built in 1975

Lot Details

  • 6,441 Sq Ft Lot
  • Block Wall Fence
  • Chain Link Fence

Parking

  • 2 Carport Spaces

Home Design

  • Fixer Upper
  • Brick Exterior Construction
  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,302 Sq Ft Home
  • 1-Story Property
  • Concrete Flooring
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Pool

  • Private Pool
  • Diving Board

Schools

  • Pendergast Elementary School
  • Desert Horizon Elementary Middle School
  • Tolleson Union High School

Utilities

  • Evaporated cooling system
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Contempo Del Este Subdivision

Listing and Financial Details

  • Tax Lot 142
  • Assessor Parcel Number 102-73-506

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,438

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Cross Street: 87th Ave & Thomas Rd
  • Legal Info Range: 1E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1975
  • Tax Year: 2022
  • Directions: From Thomas Rd, North on 87th Ave, East on Catalina Dr, North on 86th Lane, your OPPORTUNITY is on the left!
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.15
  • Subdivision Name: CONTEMPO DEL ESTE
  • Architectural Style: Ranch
  • New Construction: No
  • Property Attached Yn: No
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Special Features: None

Interior Features

  • Flooring: Concrete
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen
  • Living Area: 1302.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Other Rooms:Arizona RoomLanai: Yes

Exterior Features

  • Fencing: Block, Chain Link
  • Lot Features: Dirt Front, Dirt Back
  • Pool Features: Diving Pool
  • Disclosures: Agency Discl Req
  • Construction Type: Brick Veneer, Wood Frame, Block
  • Property Condition: Fixer
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Carport Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: 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: Pendergast Elementary School
  • High School: Tolleson Union High School
  • Junior High Dist: Tolleson Union High School District
  • Middle Or Junior School: Desert Horizon Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6441.0
  • Parcel #: 102-73-506

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1438.0
  • Tax Book Number: 102.00
  • Tax Lot: 142
  • Tax Map Number: 73.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2023
Sold by
Vargas Family Inv Llc
Bought by
Vargas Manuel
Current Estimated Value
$341,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,100
Outstanding Balance
$218,875
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$122,274

Purchase Details

Listed on
Nov 15, 2022
Closed on
Jan 18, 2023
Sold by
Austin Sherry
Bought by
Vargas Family Inv Llc
Seller's Agent
Susan Reynolds
72SOLD
Buyer's Agent
Ashley Sanchez Ochoa
eXp Realty
List Price
$249,900
Sold Price
$210,000
Premium/Discount to List
-$39,900
-15.97%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.61%
Original Mortgage
$216,000
Interest Rate
6.33%
Mortgage Type
New Conventional
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
Vargas Manuel -- Empire Title Agency
Vargas Family Inv Llc $210,000 Security Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vargas Manuel $225,100
Previous Owner Vargas Family Inv Llc $216,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2023 01/18/23 Sold $210,000 -16.0% $161 / Sq Ft
01/05/2023 01/05/23 Pending -- -- --
12/28/2022 12/28/22 For Sale $249,900 0.0% $192 / Sq Ft
12/25/2022 12/25/22 Pending -- -- --
12/03/2022 12/03/22 For Sale $249,900 0.0% $192 / Sq Ft
11/23/2022 11/23/22 Pending -- -- --
11/15/2022 11/15/22 For Sale $249,900 -- $192 / 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 $1,472 $11,328 -- --
2024 $1,498 $10,788 -- --
2023 $1,498 $20,080 $2,300 $17,780
2022 $1,438 $15,970 $1,830 $14,140
2021 $1,382 $14,360 $1,640 $12,720
2020 $1,341 $13,070 $1,490 $11,580
2019 $1,331 $11,740 $1,340 $10,400
2018 $707 $11,710 $1,340 $10,370
2017 $550 $9,010 $1,030 $7,980
2016 $502 $11,710 $1,340 $10,370
2015 $468 $11,710 $1,340 $10,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6490133

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-73-506