NOT LISTED FOR SALE

345 E Pomona Rd Phoenix, AZ 85020

Alhambra Neighborhood

Estimated Value: $1,604,000 - $1,680,000

4 Beds
3 Baths
3,186 Sq Ft
$516/Sq Ft Est. Value

Last Sold May 23, 2023

Last sale price $1,500,000 $471 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $9,878/month

About This Home

As of May 2023

INCREDIBLE 42,397 SQUARE FOOT LOT LOCATED ON A PRIVATE STREET WITH 3 HOMES. THE HOME 2 DOORS DOWN WAS BUILT JUST OVER A YEAR AGO AND BUILT FOR ALMOST 4.5 MILLION. THE EXISTING HOME IN MY PERSONAL OPINION DOES NOT HAVE MUCH VALUE BUT THIS IS AN INCREDIBLE LOT..THERE ARE NUMEROUS HOMES VALUED IN NEARBY RANCHO SOLANO THAT ARE NEARING $4 MILLION..GREAT SCHOOLS CLOSE BY WITH MANY FAMILY RESTAURANTS AND SPECIALITY STORES WITHIN 10 MINUTES BY CAR.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2022
Closed on
Aug 25, 2022
Sold by
Hill Family Trust
Bought by
Garman Christopher and Garman Kelly
Seller's Agent
Jeff Hill
HomeSmart
Buyer's Agent
Kelly Garman
HomeSmart
List Price
$2,450,000
Sold Price
$1,340,625
Premium/Discount to List
-$1,109,375
-45.28%
Views
5
Current Estimated Value
$1,644,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,353
Avg. Annual Appreciation
5.75%
Original Mortgage
$1,000,000
Outstanding Balance
$960,889
Interest Rate
4.88%
Mortgage Type
New Conventional
Estimated Equity
$611,378

Purchase Details

Closed on
Nov 13, 2020
Sold by
Hill Forrest M and Hill Cynthia D
Bought by
Hill Forrest M and Hill Cynthia D

Purchase Details

Closed on
Feb 28, 2000
Sold by
Hill Forrest M and Hill Cynthia D
Bought by
Hill Forrest M and Hill Cynthia D

Purchase Details

Closed on
Mar 1, 1996
Sold by
Hill Forrest M and Hill Cynthia D
Bought by
Hill Forrest M and Hill Cynthia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
7%

Purchase Details

Closed on
Aug 29, 1995
Sold by
Freeway West 85 Ltd Partnership
Bought by
Hill Forrest M and Hill Cynthia D
Source: Public Records

Range of Values:

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
Garman Christopher $1,340,625 Clear Title
Hill Forrest M -- Accommodation
Hill Forrest M -- Chicago Title Insurance Co
Hill Forrest M -- Chicago Title Insurance Co
Hill Forrest M -- Stewart Title & Trust
Hill Forrest M -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garman Christopher $1,000,000
Closed Garman Christopher $1,000,000
Previous Owner Hill Forrest M $75,000
Previous Owner Hill Forrest M $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2023 05/23/23 Sold $1,500,000 -6.0% $471 / Sq Ft
05/07/2023 05/07/23 Pending -- -- --
05/06/2023 05/06/23 Price Changed $1,595,000 -3.3% $501 / Sq Ft
04/29/2023 04/29/23 For Sale $1,650,000 +23.1% $518 / Sq Ft
09/26/2022 09/26/22 Sold $1,340,625 -27.5% $421 / Sq Ft
08/25/2022 08/25/22 Pending -- -- --
08/13/2022 08/13/22 Price Changed $1,850,000 -24.5% $581 / Sq Ft
06/20/2022 06/20/22 For Sale $2,450,000 -- $769 / Sq Ft

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 $9,518 $81,464 -- --
2024 $9,247 $77,584 -- --
2023 $9,247 $111,650 $22,330 $89,320
2022 $8,953 $86,150 $17,230 $68,920
2021 $9,036 $78,750 $15,750 $63,000
2020 $8,886 $82,300 $16,460 $65,840
2019 $8,677 $78,550 $15,710 $62,840
2018 $8,450 $71,460 $14,290 $57,170
2017 $8,023 $67,710 $13,540 $54,170
2016 $7,726 $65,750 $13,150 $52,600
2015 $7,133 $60,020 $12,000 $48,020
Source: Public Records

Agents Affiliated with this Home

  • Bobby Lieb

    Seller's Agent in 2023

    Bobby Lieb

    Compass

    (602) 376-3992

    106 in this area

    384 Total Sales

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  • T

    Buyer's Agent in 2023

    Ty Crandall

    RETSY

    (602) 738-5852

    9 in this area

    42 Total Sales

    Section Image
  • Jeff Hill

    Seller's Agent in 2022

    Jeff Hill

    HomeSmart

    (602) 694-4333

    1 in this area

    36 Total Sales

    Section Image

  • K

    Buyer's Agent in 2022

    Kelly Garman

    HomeSmart

    (623) 297-1150

    4 in this area

    4 Total Sales

    Section Image
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Map

Arizona Maricopa County Phoenix 85020 Alhambra

345 E Pomona Rd, Phoenix, AZ

This home is located at 345 E Pomona Rd, Phoenix, AZ 85020 and is currently estimated at $1,644,978, approximately $516 per square foot. 345 E Pomona Rd is a home located in Maricopa County with nearby schools including Madison Richard Simis School, Madison Meadows School, and Central High School.

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.

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