NOT LISTED FOR SALE

3049 W Corrine Dr Phoenix, AZ 85029

North Mountain Village Neighborhood

Estimated Value: $330,599 - $350,000

3 Beds
2 Baths
1,140 Sq Ft
$297/Sq Ft Est. Value

Last Sold July 31, 2012

Last sale price $111,000 $97 Per Sq Ft

Est. 205% increase in value since last sale

Current estimated payment $1,838/month

329 Days on Market

Highlights

  • Private Pool
  • Covered Patio or Porch
  • Outdoor Storage
  • No HOA
  • Eat-In Kitchen
  • Ceiling Fan

About This Home

As of July 2012

NOT A SHORT SALE OR REO! Quick answers from a private owner. Will be available for owner/occupant mid July 2012. Located in a convenient central area within a well-kept neighborhood. Newer Pebble Tech pool and backyard for lots of family fun. Easy to care for ceramic wood-look floors, fully rehabed and utility room for storage. This is certainly an Outstanding Value!!! This property will bring in total rents of $13,200 less 5% vacancy of -$660 so $12,540 adjusted gross income per year. Then after total expenses of $3,678 the amount an investor would pocket is $8,862 per year based on pro forma. This is a 8.69% CAP Rate. FHA Financing is an option.

Last Agent to Sell the Property

Linda Gerchick

Gerchick Real Estate License #BR114848000 Listed on: 07/23/2011

Co-Listed By

Patrick O'Sullivan

Get Multifamily License #BR634211000

Last Buyer's Agent

Bonnie Petersen

Ness Realty & Associates License #BR521190000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $750

Year Built

  • Built in 1959

Lot Details

  • 6,163 Sq Ft Lot
  • Block Wall Fence
  • Chain Link Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

Parking

  • 1 Carport Space

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,140 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Eat-In Kitchen

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Pool

  • Private Pool
  • Fence Around Pool

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Washington Elementary School - Phoenix
  • Cholla Complex Middle School
  • Glendale 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
  • Built by Staggs
  • Westown 3 Subdivision

Listing and Financial Details

  • Tax Lot 265
  • Assessor Parcel Number 149-22-080

Home Details

Home Type

Single Family

Est. Annual Taxes

$750

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Cross Street: 31st AVE & CACTUS
  • Legal Info Range: 2E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Year Built: 1959
  • Tax Year: 2011
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.14
  • Co List Office Mls Id: trfg01
  • Co List Office Phone: 602-396-2000
  • Subdivision Name: WESTOWN 3
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 97.37
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Laminate, Vinyl
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Pantry, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 1140.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features Pantry: Yes

Exterior Features

  • Fencing: Block, Chain Link
  • Exterior Features: Covered Patio(s), Patio, Storage
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back
  • Pool Features: Fenced, Private
  • Pool Private: Yes
  • Disclosures: None
  • Construction Type: Brick Veneer, Painted, Block
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0
  • Open Parking Spaces: 1.0

Utilities

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

Condo/Co-op/Association

  • Amenities: 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: Washington Elementary School - Phoenix
  • High School: Glendale High School
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Cholla Complex

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6163.0
  • Parcel #: 149-22-080
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Staggs

Tax Info

  • Tax Annual Amount: 749.92
  • Tax Book Number: 149.00
  • Tax Lot: 265
  • Tax Map Number: 22.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2011
Closed on
Jul 18, 2012
Sold by
Johnson Justin and Booth Lauren
Bought by
Lopez Matthew
Seller's Agent
Linda Gerchick
Gerchick Real Estate
Buyer's Agent
Bonnie Petersen
Ness Realty & Associates
List Price
$102,000
Sold Price
$111,000
Premium/Discount to List
$9,000
8.82%
Current Estimated Value
$338,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,650
Avg. Annual Appreciation
8.63%
Original Mortgage
$108,989
Outstanding Balance
$75,518
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$263,132

Purchase Details

Closed on
Jan 13, 2010
Sold by
Berg Johnson Rentalproperties Llc
Bought by
Johnson Justin and Booth Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
5.03%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 12, 2009
Sold by
Fannie Mae
Bought by
Berg Johnson Rentalproperties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
5.03%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 26, 2009
Sold by
Metlife Home Loans
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 9, 2009
Sold by
Metlife Home Loans
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 29, 2009
Sold by
Hammond Jadie L and Hammond Mark A
Bought by
Metlife Home Loans

Purchase Details

Closed on
Feb 27, 2007
Sold by
Mattson Lynn S and Mattson Patricia A
Bought by
Hammond Mark and Hammond Jadie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
6.23%
Mortgage Type
New Conventional
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
Lopez Matthew $111,000 Clear Title Agency Of Arizon
Johnson Justin $42,000 Accommodation
Berg Johnson Rentalproperties Llc $64,900 Lawyers Title Of Arizona Inc
Federal National Mortgage Association -- Lawyers Title Of Arizona Inc
Federal National Mortgage Association -- Lawyers Title
Metlife Home Loans $173,535 Lawyers Title
Hammond Mark $205,000 Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Matthew $108,989
Previous Owner Johnson Justin $42,000
Previous Owner Hammond Mark $205,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2012 07/31/12 Sold $111,000 +8.8% $97 / Sq Ft
07/25/2012 07/25/12 Price Changed $102,000 0.0% $89 / Sq Ft
06/16/2012 06/16/12 Pending -- -- --
04/27/2012 04/27/12 For Sale $102,000 0.0% $89 / Sq Ft
04/16/2012 04/16/12 Pending -- -- --
01/06/2012 01/06/12 Price Changed $102,000 -15.0% $89 / Sq Ft
11/01/2011 11/01/11 For Sale $120,000 +8.1% $105 / Sq Ft
11/01/2011 11/01/11 Off Market $111,000 -- --
07/23/2011 07/23/11 For Sale $120,000 -- $105 / 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 $807 $7,244 -- --
2024 $761 $6,899 -- --
2023 $761 $23,570 $4,710 $18,860
2022 $734 $17,860 $3,570 $14,290
2021 $753 $15,900 $3,180 $12,720
2020 $733 $14,470 $2,890 $11,580
2019 $719 $12,710 $2,540 $10,170
2018 $699 $11,220 $2,240 $8,980
2017 $697 $9,870 $1,970 $7,900
2016 $684 $9,410 $1,880 $7,530
2015 $635 $8,120 $1,620 $6,500
Source: Public Records

Agents Affiliated with this Home

  • Linda Gerchick

    Seller's Agent in 2012

    Linda Gerchick

    Gerchick Real Estate

    (602) 688-9279

    4 in this area

    111 Total Sales

    Linda Gerchick
    Section Image
  • Patrick O'Sullivan

    Seller Co-Listing Agent in 2012

    Patrick O'Sullivan

    Get Multifamily

    (602) 842-5050

    3 in this area

    29 Total Sales

    Patrick O'Sullivan
    Section Image
  • Bonnie Petersen

    Buyer's Agent in 2012

    Bonnie Petersen

    Ness Realty & Associates

    (602) 526-0050

    4 Total Sales

    Bonnie Petersen
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4624783

Arizona Regional Multiple Listing Service (ARMLS)

APN: 149-22-080

Arizona Maricopa County Phoenix 85029 North Mountain Village

3049 W Corrine Dr, Phoenix, AZ

Not Listed for Sale

Detached

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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

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