NOT LISTED FOR SALE

Estimated Value: $329,380 - $422,000

2 Beds
1 Bath
720 Sq Ft
$507/Sq Ft Est. Value

Last Sold April 25, 2013

Last sale price $37,000 $51 Per Sq Ft

Est. 887% increase in value since last sale

Current estimated payment $2,023/month

36 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • No Interior Steps
  • The Creighton Academy Rated 10
  • Cooling Available
  • Tile Flooring

About This Home

As of April 2013

ATTN INVESTORS! CHECK THE COMPS - WHAT A STEAL IN THIS AREA FOR THIS TOTAL TEAR-DOWN FORECLOSURE! This property has every major operational system either missing, vandalized or inoperable. Enter with caution! Value is in the land & the area! UTILITIES & WATER CAN'T BE TURNED ON AS ELECTRICAL & PLUMBING ARE MISSING! Needs a roof & HVAC, flooring, drywall, shower is completely bashed in thru to other room, etc. Utility company reported a fire, & so appropriate permits must be obtained to rehab this. Sold ''as-is'' and ''where-is'' with no warranties epressed or implied. Buyer accepts full responsibility to conduct buyer's own due diligence to verify all material facts, figures, and measurements. MLS status is updated daily. CASH ONLY SALE

Last Agent to Sell the Property

Beth Jo Zeitzer

R.O.I. Properties License #BR044331000 Listed on: 02/21/2013

Co-Listed By

Sandra Newbould

Arizona Best Real Estate License #SA568115000

Last Buyer's Agent

Orlando Correa

HomeSmart License #SA111006000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $402

Year Built

  • Built in 1959

Lot Details

  • 5,663 Sq Ft Lot
  • Block Wall Fence

Parking

  • 2 Open Parking Spaces

Home Design

  • Fixer Upper
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen

Flooring

  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Schools

  • Creighton Elementary School

Utilities

  • Cooling Available
  • No Heating

Additional Features

  • No Interior Steps
  • Property is near a bus stop

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Beg At Pt 550.34F W Of Ne Cor N2 Se4 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 120-20-085

Home Details

Home Type

Single Family

Est. Annual Taxes

$402

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Cross Street: 32nd St & Mcdowell
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Year Built: 1959
  • Tax Year: 2012
  • Directions: From McDowell, go north on 32nd to Palm Ln. West to Property
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.13
  • Co List Office Mls Id: roip01
  • Co List Office Phone: 602-319-1326
  • Subdivision Name: BEG AT PT 550.34F W OF NE COR N2 SE4
  • Architectural Style: Ranch
  • New Construction: No
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Other, Linoleum, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, No Interior Steps
  • Living Area: 720.0
  • Stories: 1
  • Other Rooms:Great Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Kitchen Features:None42: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Dirt Front, Dirt Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, None
  • Construction Type: Painted, Block
  • Property Condition: Fixer
  • Roof: Composition, Other
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Other, See Remarks
  • Heating: None
  • Laundry Features: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: No
  • Water Source: City Water
  • Heating:No Heat: Yes
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Creighton Elementary School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Creighton Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5663.0
  • Parcel #: 120-20-085

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 402.0
  • Tax Book Number: 120.00
  • Tax Lot: 0
  • Tax Map Number: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2013
Closed on
Apr 10, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Mancillas Norma
Seller's Agent
Beth Jo Zeitzer
R.O.I. Properties
Buyer's Agent
Orlando Correa
HomeSmart
List Price
$42,900
Sold Price
$37,000
Premium/Discount to List
-$5,900
-13.75%
Current Estimated Value
$365,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,095
Avg. Annual Appreciation
19.24%

Purchase Details

Closed on
Feb 13, 2013
Sold by
Luna Lorenzo and Luna Maria
Bought by
Jp Morgan Chase Bank National Associatio

Purchase Details

Closed on
Sep 1, 2005
Sold by
Primary Capital Llc
Bought by
Luna Lorenzo and Luna Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
5.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2005
Sold by
Saenz Victor and Saenz Olga
Bought by
Primary Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2000
Sold by
Saenz Victor
Bought by
Saenz Victor and Saenz Olga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,620
Interest Rate
10.16%

Purchase Details

Closed on
Apr 6, 1998
Sold by
Bustamante Lorenzo
Bought by
Saenz Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,800
Interest Rate
7.07%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 3, 1994
Sold by
Mccullough Alfred L and Meyers Bertha
Bought by
Bustamante Lorenzo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,304
Interest Rate
8.38%
Mortgage Type
FHA
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
Mancillas Norma $37,000 First American Title Insuran
Jp Morgan Chase Bank National Associatio $55,800 Accommodation
Luna Lorenzo $147,000 Capital Title Agency Inc
Primary Capital Llc $95,000 Camelback Title Agency Llc
Saenz Victor -- American Title Insurance
Saenz Victor $49,000 Century Title Agency
Bustamante Lorenzo $34,000 United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Luna Lorenzo $147,000
Previous Owner Primary Capital Llc $105,000
Previous Owner Saenz Victor $66,620
Previous Owner Saenz Victor $40,800
Previous Owner Bustamante Lorenzo $34,304
Closed Saenz Victor $4,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2013 04/25/13 Sold $37,000 -13.8% $51 / Sq Ft
03/29/2013 03/29/13 Pending -- -- --
02/21/2013 02/21/13 For Sale $42,900 -- $60 / 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 $1,045 $9,097 -- --
2024 $1,033 $8,664 -- --
2023 $1,033 $23,480 $4,690 $18,790
2022 $989 $17,760 $3,550 $14,210
2021 $1,026 $17,310 $3,460 $13,850
2020 $999 $13,400 $2,680 $10,720
2019 $993 $11,510 $2,300 $9,210
2018 $1,092 $9,810 $1,960 $7,850
2017 $1,050 $8,210 $1,640 $6,570
2016 $460 $5,670 $1,130 $4,540
2015 $428 $4,250 $850 $3,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4897396

Arizona Regional Multiple Listing Service (ARMLS)

APN: 120-20-085