NOT LISTED FOR SALE

311 E Verde Ln Phoenix, AZ 85012

Midtown Phoenix Neighborhood

Estimated Value: $807,850 - $1,035,000

3 Beds
3 Baths
2,419 Sq Ft
$370/Sq Ft Est. Value

Last Sold June 29, 2012

Last sale price $291,500 $121 Per Sq Ft

Est. 207% increase in value since last sale

Current estimated payment $5,016/month

110 Days on Market

Highlights

  • The property is located in a historic district
  • Two Primary Bedrooms
  • Property is near public transit and bus stop
  • Phoenix Coding Academy Rated A
  • City Lights View
  • Wood Flooring

About This Home

As of June 2012

''Owner Financing'' Jewel of the neighborhood! Stunning remodel in the La Hacienda Historic District...expansive 2419 SF floor plan where retro reverence meets meticulous modernization. Easy walking distance to downtown amenities, Light Rail, Phoenix Country Club and the best of urban living, nestled in an established, esteemed location. This home has not been available for sale in over 3 decades! Original aesthetic and architecture updated with contemporary amenities and designer touches throughout! Feature Details:Italian Carrara Marble - Floors, Fireplace, Tub Enclosure;Eco-Friendly 5/8" SOLID WOOD Bamboo Flooring - Living Room and Dining Room;Private Master Courtyard off of new French Doors; Retro Custom Cabinetry; Granite Slab Countertop; Generous Closets; New Copper Plumbing

Last Agent to Sell the Property

Erik Kelly

eXp Realty License #SA538275000 Listed on: 02/24/2012

eXp Realty

Last Buyer's Agent

Bobby Romero

Realty ONE Group License #SA583726000

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • Block Wall Fence
  • Private Yard

Home Design

  • Tile Roof
  • Rolled or Hot Mop Roof
  • Composition Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,419 Sq Ft Home
  • Wet Bar
  • Skylights
  • Fireplace
  • Family Room
  • Formal Dining Room
  • City Lights Views

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • Remodeled Bathroom

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Parking

  • 1 Car Detached Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit
  • Separate Outdoor Workshop
  • Outdoor Storage

Location

  • Property is near public transit and bus stop
  • The property is located in a historic district

Schools

  • Encanto Elementary School
  • Central High School

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • North or South Exposure

Community Details

  • $1,554 per year Dock Fee
  • Association fees include no fees
  • Located in the La Hacienda Historic District master-planned community

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Tax Municipality: Maricopa - COUNTY
  • Cross Street: 7th St & Thomas
  • Legal Info Lot Number: 17,19
  • Property Type: A
  • Unit Style: All on One Level
  • Technology: Cable TV Avail, High Speed Internet Available
  • Assessor Parcel Number: 81.00
  • Legal Description Abbrev: Mayfair
  • Marketing Name: La Hacienda Historic
  • Type: ER
  • Ownership: Fee Simple
  • Additional Bedroom: 2 Master Bdrms, Mstr Bdr Walkin Clst
  • Assessor Parcel Number: 118-21-081
  • Association Rules: Not Managed
  • Construction Finish: Painted, Stucco
  • Dwelling Type: Single Family - Detached
  • Encoded Features: 32.75FRDXO1G1S
  • Energy Green Features: Multi-Zones
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2012
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2012
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2012
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2012
  • Updated Plumbing: Full
  • Items Updated Plmbg Yr Updated: 2012
  • Updated Roof: Partial
  • Items Updated Roof Yr Updated: 2012
  • Updated Wiring: Partial
  • Items Updated Wiring Yr Updated: 2012
  • Map Code Grid: P34
  • Primary Bathroom Type: 3/4 Bath Master Bdrm
  • Numberof Interior Levels: 1
  • Parking Spaces Garage Spaces: 1.00
  • Parking Spaces Slab Parking Spaces: 1.00
  • Parking Spaces Total Covered Spaces: 1.00
  • Planned Comm Name: La Hacienda Historic District
  • Price per Sq Ft: 120.50
  • Property Group Id: 19990816212109142258000000
  • Year Built: 1954
  • Tax Year: 2011
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Features: No Interior Steps, Skylight(s), Wet Bar
  • Bedrooms: 3
  • Bedrooms Plus: 3.00
  • Other Rooms: Family Room, Separate Workshop
  • Bathrooms: 2.75
  • Laundry: Inside, Wshr/Dry HookUp Only
  • Flooring: Carpet, Stone, Wood
  • Fireplace: 1 Fireplace, Firepit
  • Dining Area: Eat-in Kitchen, Formal
  • Estimated Lot Sq Ft: 7518.00
  • Estimated Sq Ft: 2419.00
  • Kitchen Features: Built-in Microwave, Dishwasher, Disposal, Granite Countertops, Range/Oven Elec, Walk-in Pantry
  • Source Of Sq Ft: Owner

Exterior Features

  • Exterior Stories: 1
  • Landscaping: Auto Timer H2O Back, Auto Timer H2O Front, Grass Back, Grass Front, Yrd Wtring Sys Back, Yrd Wtring Sys Front
  • Roofing: Comp Shingle, Rolled, Tile
  • Fencing: Block
  • Construction: Block
  • Exterior Features: Covered Patio(s), Patio, Pvt Yrd(s)/Crtyrd(s), Storage
  • Pool Private: No Pool

Garage/Parking

  • Parking Features: Detached, Electric Door Opener, Rear Vehicle Entry, Separate Strge Area

Utilities

  • Water: City Water
  • Utilities: APS
  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Electric
  • Plumbing: Tankless Ht Wtr Heat

Condo/Co-op/Association

  • Services: City Services
  • Community Features: Historic District, Near Bus Stop, Near Light Rail Stop
  • Fee Include: No Fees

Schools

  • Elementary School: Encanto School
  • High School: Central High School

Lot Info

  • Property Description: City Light View(s), North/South Exposure

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Taxes: 1554.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2012
Closed on
Jun 28, 2012
Sold by
Iannitelli Seria L
Bought by
Iannitelli Claudio E
Seller's Agent
Erik Kelly
eXp Realty
Buyer's Agent
Bobby Romero
Realty ONE Group
List Price
$350,000
Sold Price
$291,500
Premium/Discount to List
-$58,500
-16.71%
Current Estimated Value
$895,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$604,463
Avg. Annual Appreciation
8.66%

Purchase Details

Listed on
Feb 24, 2012
Closed on
Jun 27, 2012
Sold by
Potential Home Buyers Llc
Bought by
Lannitelli Claudio E
Seller's Agent
Erik Kelly
eXp Realty
Buyer's Agent
Bobby Romero
Realty ONE Group
List Price
$350,000
Sold Price
$291,500
Premium/Discount to List
-$58,500
-16.71%

Purchase Details

Closed on
Dec 1, 2011
Sold by
True Freedom Investments Llc
Bought by
Potential Home Buyers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,213
Interest Rate
4.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 2011
Sold by
Georgeoff Richard
Bought by
True Freedom Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2010
Sold by
Jacobs Joyce E and Jacobs Kenneth W
Bought by
Georgeoff Richard

Purchase Details

Closed on
Jul 2, 2009
Sold by
Georgeoff Nick G and Jacobs Joyce E
Bought by
Georgeoff Nick G and Jacobs Joyce E

Purchase Details

Closed on
Jul 30, 2004
Sold by
Georgeoff Eva
Bought by
Eva Georgeoff Revocable Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Iannitelli Claudio E -- Fidelity Natl Title Agency I
Lannitelli Claudio E $283,500 None Available
Potential Home Buyers Llc $139,000 Security Title Agency
True Freedom Investments Llc $440,000 Metro Title Agency Of Az Llc
Georgeoff Richard -- Accommodation
Georgeoff Nick G -- None Available
Georgeoff Nick G -- None Available
Eva Georgeoff Revocable Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Potential Home Buyers Llc $155,213
Previous Owner True Freedom Investments Llc $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2012 06/29/12 Sold $291,500 -5.9% $121 / Sq Ft
06/18/2012 06/18/12 Price Changed $309,900 0.0% $128 / Sq Ft
06/13/2012 06/13/12 Pending -- -- --
05/26/2012 05/26/12 Price Changed $309,900 -3.1% $128 / Sq Ft
05/18/2012 05/18/12 Price Changed $319,900 -2.8% $132 / Sq Ft
04/20/2012 04/20/12 Price Changed $329,000 -0.3% $136 / Sq Ft
03/31/2012 03/31/12 Price Changed $330,000 -0.9% $136 / Sq Ft
03/30/2012 03/30/12 Price Changed $333,000 +0.9% $138 / Sq Ft
03/30/2012 03/30/12 Price Changed $330,000 -5.0% $136 / Sq Ft
03/16/2012 03/16/12 Price Changed $347,500 -0.7% $144 / Sq Ft
02/24/2012 02/24/12 For Sale $350,000 -- $145 / 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 $4,024 $35,225 -- --
2024 $3,742 $33,547 -- --
2023 $3,742 $58,480 $11,690 $46,790
2022 $3,725 $53,580 $10,710 $42,870
2021 $3,835 $43,650 $8,730 $34,920
2020 $3,731 $39,410 $7,880 $31,530
2019 $3,556 $36,130 $7,220 $28,910
2018 $3,428 $35,620 $7,120 $28,500
2017 $3,119 $31,370 $6,270 $25,100
2016 $2,193 $32,800 $6,560 $26,240
2015 $2,043 $26,760 $5,350 $21,410
Source: Public Records

Agents Affiliated with this Home

  • Erik Kelly

    Seller's Agent in 2012

    Erik Kelly

    eXp Realty

    (480) 229-6699

    1 in this area

    67 Total Sales

    Erik Kelly
    Section Image
  • Bobby Romero

    Buyer's Agent in 2012

    Bobby Romero

    Realty One Group

    (480) 596-0001

    31 Total Sales

    Bobby Romero
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4720608

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-21-081

Arizona Maricopa County Phoenix 85012 Midtown Phoenix

311 E Verde Ln, Phoenix, AZ

Not Listed for Sale

Detached

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

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