NOT LISTED FOR SALE

Estimated Value: $430,000 - $552,000

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

Last Sold October 11, 2012

Last sale price $112,212 $115 Per Sq Ft

Est. 340% increase in value since last sale

Current estimated payment $2,810/month

5 Days on Market

Highlights

  • The property is located in a historic district
  • RV Gated
  • Private Yard
  • Phoenix Coding Academy Rated A
  • 1 Fireplace
  • No HOA

About This Home

As of October 2012

Huge lot! Great Historic location! 2 Bedroom 1 Bath. All wood and tile flooring. Fireplace in living room, master bedroom includes sitting room. Large backyard, with a built in fire pit. Must see!! Disclosures: Uninsurable - Estimated remaining economic life is below 30 years, No attic access, Windows are painted shut, Carport roof repairs, Replace water
heater discharge pipe, Install water heater drain pan, Install faucet and plumbing to bath vanity, Defective exterior paint surfaces.

Last Agent to Sell the Property

Steve McKamey

Pro Star Realty License #BR005950000 Listed on: 08/02/2012

Last Buyer's Agent

Jim Ebbert

HomeSmart License #SA567086000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,184

Year Built

  • Built in 1925

Lot Details

  • 0.27 Acre Lot
  • Chain Link Fence
  • Private Yard
  • Grass Covered Lot

Parking

  • 1 Car Detached Garage
  • 1 Carport Space
  • RV Gated

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 974 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • 1 Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • North High School

Utilities

  • Evaporated cooling system
  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • North or South Exposure
  • The property is located in a historic district

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Ormes Add Subdivision

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 118-45-072

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,184

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Cross Street: 3rd St. & Thomas
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 1925
  • Tax Year: 2011
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.27
  • Subdivision Name: Ormes Add
  • General Property Description:PriceSqFt: 115.21
  • Cooling:Ceiling Fan(s): Yes
  • Construction Brick: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 974.0
  • Stories: 1
  • Window Features: Skylight(s)
  • Kitchen Features:RangeOven Elec: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Historic District: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes

Exterior Features

  • Fencing: Chain Link
  • Exterior Features: Private Yard, Storage
  • Lot Features: North/South Exposure, Alley, Grass Front, Grass Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Brick
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Composition
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV Gate, Detached
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Detached: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Evaporative Cooling
  • Heating: Natural Gas
  • 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 Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • High School: North High School
  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 11779.0
  • Parcel #: 118-45-072

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1183.76
  • Tax Book Number: 118.00
  • Tax Lot: 22
  • Tax Map Number: 45.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2012
Closed on
Oct 5, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Karasek Marcia Louise and Karasek Marcia L
Seller's Agent
Steve McKamey
Pro Star Realty
Buyer's Agent
Jim Ebbert
HomeSmart
List Price
$85,000
Sold Price
$112,212
Premium/Discount to List
$27,212
32.01%
Current Estimated Value
$493,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$381,662
Avg. Annual Appreciation
11.84%
Original Mortgage
$89,750
Outstanding Balance
$62,354
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$431,520

Purchase Details

Closed on
Jul 2, 2012
Sold by
Metlife Home Loans
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Aug 31, 2009
Sold by
Keogh Kelly M
Bought by
Keogh Mark A and Keogh Kelly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,596
Interest Rate
5.2%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 5, 2002
Sold by
Brashear Stephen W and Brashear Rebecca T
Bought by
Peterson Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,610
Interest Rate
8.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 1997
Sold by
Brashear Stephen W and Brashear Rebecca T
Bought by
Brashear Stephen W and Brashear Rebecca T
Source: Public Records
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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
Karasek Marcia Louise -- Grand Canyon Title Agency
The Secretary Of Housing & Urban Develop -- Servicelink
Metlife Home Loans $202,727 Accommodation
Keogh Mark A -- Accommodation
Keogh Kelly M -- First Arizona Title Agency
Keogh Kelly M -- First Arizona Title Agency
Peterson Kelly $132,900 First American Title Ins Co
Brashear Stephen W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karasek Marcia Louise $89,750
Previous Owner Keogh Kelly M $194,596
Previous Owner Peterson Kelly $119,610
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2012 10/11/12 Sold $112,212 +32.0% $115 / Sq Ft
08/07/2012 08/07/12 Pending -- -- --
08/02/2012 08/02/12 For Sale $85,000 -- $87 / 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 $2,724 $20,977 -- --
2024 $2,228 $19,978 -- --
2023 $2,228 $37,930 $7,580 $30,350
2022 $2,218 $31,580 $6,310 $25,270
2021 $2,284 $28,470 $5,690 $22,780
2020 $2,222 $28,770 $5,750 $23,020
2019 $2,118 $26,250 $5,250 $21,000
2018 $2,042 $28,460 $5,690 $22,770
2017 $1,857 $20,650 $4,130 $16,520
2016 $1,788 $18,460 $3,690 $14,770
2015 $1,666 $16,400 $3,280 $13,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4798040

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-45-072