NOT LISTED FOR SALE

3811 N 87th Ave Phoenix, AZ 85037

Estimated Value: $334,000 - $380,000

5 Beds
2 Baths
1,542 Sq Ft
$233/Sq Ft Est. Value

Last Sold March 26, 2014

Last sale price $82,000 $53 Per Sq Ft

Est. 347% increase in value since last sale

Current estimated payment $2,148/month

75 Days on Market

Highlights

  • No HOA
  • Central Air
  • Heating Available
  • Tile Flooring
  • Wood Fence
  • 1-Story Property

About This Home

As of March 2014

INVESTMENT OPPORTUNITY! Large living room and separate dining area. Kitchen has been opened up and very large. Large backyard with lots of trees. Opportunity to increase rents, currently at $690/month to month; lower than average rent. Property sold as-is. Some repairs needed.

Last Agent to Sell the Property

Edmund Oliveros

Secure Equity Investments License #SA647436000 Listed on: 12/22/2013

Last Buyer's Agent

Fred Lien

West USA Realty License #BR046681000

West USA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $649

Year Built

  • Built in 1972

Lot Details

  • 6,116 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence
  • Chain Link Fence

Parking

  • 2 Carport Spaces

Home Design

  • Fixer Upper
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,542 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Schools

  • Pendergast Elementary School
  • Tolleson Union High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Arizona Homes 2 Subdivision

Listing and Financial Details

  • Tax Lot 250
  • Assessor Parcel Number 102-23-261

Home Details

Home Type

Single Family

Est. Annual Taxes

$649

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Cross Street: 87th Ave and Indian School
  • Legal Info Range: 1E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1972
  • Tax Year: 2013
  • Directions: West on Indian School. South on 87th Ave to property (East side).
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.14
  • Subdivision Name: Arizona Homes 2
  • New Construction: No
  • Property Attached Yn: No
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: 3/4 Bath Master Bdrm
  • Living Area: 1542.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Chain Link, Wood
  • Lot Features: Dirt Front, Dirt Back
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Painted, Block
  • Property Condition: Fixer
  • Roof: Metal
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Carport Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • 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: Pendergast Elementary School
  • High School: Tolleson Union High School
  • Junior High Dist: Tolleson Union High School District
  • Middle Or Junior School: Pendergast Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6116.0
  • Parcel #: 102-23-261

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 649.24
  • Tax Book Number: 102.00
  • Tax Lot: 250
  • Tax Map Number: 23.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2013
Closed on
Mar 24, 2014
Sold by
Liu Ding Bau and Liu Bau Ding
Bought by
Cao Nam
Seller's Agent
Edmund Oliveros
Secure Equity Investments
Buyer's Agent
Fred Lien
West USA Realty
List Price
$85,000
Sold Price
$82,000
Premium/Discount to List
-$3,000
-3.53%
Current Estimated Value
$366,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,831
Avg. Annual Appreciation
13.81%

Purchase Details

Closed on
Feb 26, 2009
Sold by
U S Bank National Association
Bought by
Liu Bau Ding

Purchase Details

Closed on
Oct 14, 2008
Sold by
Contreras Ricardo T
Bought by
U S Bank National Association

Purchase Details

Closed on
Nov 25, 2005
Sold by
Ventura Felicita Marquez
Bought by
Contreras Ricardo T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
6.07%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 27, 2005
Sold by
Angel Benito and Sanchez Maria Tereza
Bought by
Contreras Ricardo T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
6.07%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 4, 2003
Sold by
Cueto Isela Gabriela Garcia
Bought by
Angel Benito and Sanches Maria Teresa

Purchase Details

Closed on
Oct 7, 2002
Sold by
Gandara Ken
Bought by
Cueto Isela Gabriela Garcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 15, 2002
Sold by
Leos Johnny R
Bought by
Gandara Ken

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 15, 2002
Sold by
Gandara Christina N
Bought by
Gandara Ken

Purchase Details

Closed on
May 30, 1997
Sold by
Armenta Carlos D and Armenta Patricia Ann
Bought by
Leos Johnny R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,609
Interest Rate
8.08%
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
Cao Nam $82,000 Great American Title Agency
Liu Bau Ding $35,000 Fidelity Natl Title Ins Co
U S Bank National Association $97,446 Accommodation
Contreras Ricardo T -- Transnation Title
Contreras Ricardo T $170,000 Transnation Title
Angel Benito -- --
Cueto Isela Gabriela Garcia -- Security Title Agency
Gandara Ken $90,000 Security Title Agency
Gandara Ken -- Security Title Agency
Leos Johnny R $69,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Contreras Ricardo T $34,000
Previous Owner Contreras Ricardo T $136,000
Previous Owner Contreras Ricardo T $136,000
Previous Owner Angel Benito $114,750
Previous Owner Cueto Isela Gabriela Garcia $94,000
Previous Owner Leos Johnny R $68,609
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2014 03/26/14 Sold $82,000 -3.5% $53 / Sq Ft
12/22/2013 12/22/13 For Sale $85,000 -- $55 / 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 $1,799 $12,398 -- --
2024 $1,826 $11,808 -- --
2023 $1,826 $23,610 $4,720 $18,890
2022 $1,758 $17,560 $3,510 $14,050
2021 $1,683 $15,960 $3,190 $12,770
2020 $1,636 $14,700 $2,940 $11,760
2019 $1,623 $12,850 $2,570 $10,280
2018 $815 $11,600 $2,320 $9,280
2017 $764 $9,570 $1,910 $7,660
2016 $705 $8,250 $1,650 $6,600
2015 $681 $7,170 $1,430 $5,740
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2014

    Edmund Oliveros

    Secure Equity Investments

  • Fred Lien

    Buyer's Agent in 2014

    Fred Lien

    West USA Realty

    (602) 339-9988

    25 Total Sales

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5045275

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-23-261

Arizona Maricopa County Phoenix 85037

3811 N 87th Ave, Phoenix, AZ

This home is located at 3811 N 87th Ave, Phoenix, AZ 85037 since 22 December 2013 and is currently estimated at $358,720, approximately $232 per square foot. This property was built in 1972. 3811 N 87th Ave is a home located in Maricopa County with nearby schools including Desert Horizon Elementary School, Copper Canyon High School, and Pan-American Charter 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.

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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