NOT LISTED FOR SALE

Estimated Value: $955,000 - $1,165,000

Studio
-- Bath
3,450 Sq Ft
$307/Sq Ft Est. Value

About This Home

This home is located at 3121 E Fairmount Ave, Phoenix, AZ 85016 and is currently estimated at $1,060,000, approximately $307 per square foot. 3121 E Fairmount Ave is a home located in Maricopa County with nearby schools including Camelback High School, Phoenix Coding Academy, and Career Success Schools - Sage Campus.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2024
Sold by
Luna Bear Fairmount Llc
Bought by
Fairmount Villas Llc
Current Estimated Value
$1,060,000

Purchase Details

Closed on
Dec 14, 2018
Sold by
Fairmount 31 Llc
Bought by
Luna Bear Fairmount Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,187,000
Interest Rate
4.8%
Mortgage Type
Small Business Administration

Purchase Details

Closed on
Apr 25, 2017
Sold by
Fairmont Villa Apartments Llc
Bought by
Fairmount 31 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,373,750
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 2009
Sold by
Shepstead Theresa A
Bought by
Fairmont Villa Apartments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2008
Sold by
Reust Allan K and Reust Susanna K
Bought by
Shepstead Theresa A

Purchase Details

Closed on
Dec 27, 2005
Sold by
Blue Phoenix Holdings Llc
Bought by
Shepstead Theresa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2004
Sold by
Blue Phoenix Holdings Llc
Bought by
Kliment Stephen and Kliment Felicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
5.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 1997
Sold by
Lampert Roland and Lampert Audrey Jean
Bought by
Blue Phoenix Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,900
Interest Rate
7.91%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Fairmount Villas Llc $5,600,000 Premier Title Agency
Luna Bear Fairmount Llc $4,550,000 First American Title Insuran
Fairmount 31 Llc $2,208,000 American Title Service Agenc
Fairmont Villa Apartments Llc $1,010,000 Magnus Title Agency
Shepstead Theresa A -- None Available
Shepstead Theresa A $368,000 Capital Title Agency Inc
Kliment Stephen -- First American Title Ins Co
Blue Phoenix Holdings Llc $113,670 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Luna Bear Fairmount Llc $3,187,000
Previous Owner Fairmount 31 Llc $2,373,750
Previous Owner Fairmont Villa Apartments Llc $725,000
Previous Owner Shepstead Theresa A $276,000
Previous Owner Kliment Stephen $170,000
Previous Owner Blue Phoenix Holdings Llc $90,900
Closed Shepstead Theresa A $73,600
Source: Public Records

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 $2,308 $17,086 -- --
2024 $2,196 $16,273 -- --
2023 $2,196 $66,150 $13,230 $52,920
2022 $2,110 $48,450 $9,690 $38,760
2021 $2,161 $43,570 $8,710 $34,860
2020 $2,108 $36,350 $7,270 $29,080
2019 $2,093 $29,480 $5,890 $23,590
2018 $2,050 $25,830 $5,160 $20,670
2017 $1,971 $22,970 $4,590 $18,380
2016 $1,895 $19,060 $3,810 $15,250
Source: Public Records

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