NOT LISTED FOR SALE

320 E Verde Ln Phoenix, AZ 85012

Midtown Phoenix Neighborhood

Estimated Value: $645,000 - $978,000

3 Beds
2 Baths
2,062 Sq Ft
$406/Sq Ft Est. Value

Last Sold March 24, 2020

Last sale price $650,000 $315 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,865/month

3 Days on Market

Highlights

  • The property is located in a historic district
  • Contemporary Architecture
  • Private Yard
  • Phoenix Coding Academy Rated A
  • Wood Flooring
  • No HOA

About This Home

As of March 2020

Timeless adobe brick contemporary in the historic La Hacienda neighborhood. Truly, a one of a kind home restored in 2014 and worthy of a feature in any architectural magazine. Upon entry, you are greeted with walls of glass that lead to an expansive living room and breakfast area which open out to one of the large private patios. The kitchen is appointed with top amenities, including a 6 burner Wolf range, Subzero refrigerator, Asko dishwasher, Blue Ice marble countertops as well as Walnut butcher block counters. Hickory wide plank wood floors are carried throughout the home with limestone accents in the entry and bathrooms. All plaster walls have been skim coated smooth and the interior adobe walls have been refreshed. This home is more than a pleasure to see.

Last Agent to Sell the Property

Annie Sandweg

HomeSmart License #SA554108000 Listed on: 02/14/2020

HomeSmart

Last Buyer's Agent

Jane Gordon

Berkshire Hathaway HomeServices Arizona Properties License #SA680567000

Berkshire Hathaway HomeServices Arizona Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,704

Year Built

  • Built in 1961

Lot Details

  • 6,643 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Private Yard

Parking

  • 2 Carport Spaces

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Built-Up Roof
  • Adobe

Interior Spaces

  • 2,062 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Double Pane Windows
  • Security System Owned
  • Built-In Microwave

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Encanto Elementary School
  • Osborn Middle School
  • Central High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Patio
  • The property is located in a historic district

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Mayfair Subdivision

Listing and Financial Details

  • Legal Lot and Block 16 / 1
  • Assessor Parcel Number 118-21-056

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,704

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Cross Street: 7th Street and Verde Lane
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Cooling HVAC SEER Rating: 20
  • Bathrooms Year Updated: 2014
  • Items Updated Floor Yr Updated: 2014
  • Items Updated Ht Cool Yr Updated: 2014
  • Items Updated Kitchen Yr Updated: 2014
  • Items Updated Plmbg Yr Updated: 2014
  • Items Updated Roof Yr Updated: 2014
  • Items Updated Wiring Yr Updated: 2014
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1961
  • Tax Year: 2019
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.15
  • Subdivision Name: MAYFAIR
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 315.22
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Stone, Wood
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: No Interior Steps, 3/4 Bath Master Bdrm
  • Living Area: 2062.0
  • Stories: 1
  • Window Features: Skylight(s), Dual Pane
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Community Features:Historic District: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard
  • Lot Features: Desert Front
  • Pool Features: None
  • View: City Light View(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Brick Veneer, Adobe
  • Patio And Porch Features: Patio
  • Roof: Built-Up
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Construction:Adobe: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Historic District
  • 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: Encanto School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Osborn Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6643.0
  • Parcel #: 118-21-056

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 3704.0
  • Tax Block: 1
  • Tax Book Number: 118.00
  • Tax Lot: 16
  • Tax Map Number: 21.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2020
Closed on
Mar 17, 2020
Sold by
Dake Kristine S
Bought by
Gombert Cindy
Seller's Agent
Annie Sandweg
HomeSmart
Buyer's Agent
Jane Gordon
Berkshire Hathaway HomeServices Arizona Properties
List Price
$650,000
Sold Price
$650,000
Current Estimated Value
$861,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,906
Avg. Annual Appreciation
4.48%
Original Mortgage
$496,000
Outstanding Balance
$438,441
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$398,096

Purchase Details

Listed on
Feb 20, 2014
Closed on
Feb 26, 2014
Sold by
Dake Terry A and Dake Kristine S
Bought by
Dake Kristine S
Seller's Agent
Connie Hughey
Russ Lyon Sotheby's International Realty
Buyer's Agent
Frank Edelman
Coldwell Banker Realty
List Price
$300,000
Sold Price
$325,000
Premium/Discount to List
$25,000
8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.10%

Purchase Details

Listed on
Feb 20, 2014
Closed on
Feb 24, 2014
Sold by
Mcgarry Joseph E and Mcgarry Sarah Miller
Bought by
Dake Kristine S
Seller's Agent
Connie Hughey
Russ Lyon Sotheby's International Realty
Buyer's Agent
Frank Edelman
Coldwell Banker Realty
List Price
$300,000
Sold Price
$325,000
Premium/Discount to List
$25,000
8.33%

Purchase Details

Closed on
Nov 22, 1994
Sold by
Mcgarry Joseph E and Mcgarry Sarah Miller
Bought by
Mcgarry Joseph E and Mcgarry Sarah Miller

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
8.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 1994
Sold by
Andrews John Stuart
Bought by
Mcgarry Joseph E and Mcgarry Sarah Miller

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
8.92%
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
Gombert Cindy $650,000 Grand Canyon Title Agency
Dake Kristine S -- First American Title Ins Co
Dake Kristine S $325,000 First American Title Ins Co
Mcgarry Joseph E -- First American Title
Mcgarry Joseph E $160,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gombert Cindy $496,000
Previous Owner Mcgarry Joseph E $128,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/24/2020 03/24/20 Sold $650,000 0.0% $315 / Sq Ft
02/14/2020 02/14/20 For Sale $650,000 +100.0% $315 / Sq Ft
02/28/2014 02/28/14 Sold $325,000 +8.3% $125 / Sq Ft View Prior Sale
02/22/2014 02/22/14 Pending -- -- --
02/20/2014 02/20/14 For Sale $300,000 -- $116 / 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 $4,191 $36,684 -- --
2024 $3,897 $34,937 -- --
2023 $3,897 $57,030 $11,400 $45,630
2022 $3,879 $53,530 $10,700 $42,830
2021 $3,993 $46,930 $9,380 $37,550
2020 $3,885 $42,580 $8,510 $34,070
2019 $3,704 $39,070 $7,810 $31,260
2018 $3,571 $38,310 $7,660 $30,650
2017 $3,248 $32,670 $6,530 $26,140
2016 $2,716 $32,510 $6,500 $26,010
2015 $2,530 $28,680 $5,730 $22,950
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Annie Sandweg

    HomeSmart

    (602) 954-6888

    6 Total Sales

    Annie Sandweg
    Section Image

  • J

    Buyer's Agent in 2020

    Jane Gordon

    Berkshire Hathaway HomeServices Arizona Properties

    (602) 230-7600

    14 Total Sales

    Jane Gordon
    Section Image

  • C

    Seller's Agent in 2014

    Connie Hughey

    Russ Lyon Sotheby's International Realty

    Section Image

  • F

    Buyer's Agent in 2014

    Frank Edelman

    Coldwell Banker Realty

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6037614

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-21-056

Arizona Maricopa County Phoenix 85012 Midtown Phoenix

320 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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