NOT LISTED FOR SALE

Estimated Value: $376,000 - $423,000

3 Beds
2 Baths
1,842 Sq Ft
$216/Sq Ft Est. Value

Last Sold August 08, 2016

Last sale price $138,000 $75 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $2,273/month

8 Days on Market

Highlights

  • RV Gated
  • Corner Lot
  • Covered Patio or Porch
  • Contemporary Architecture
  • No HOA
  • Tile Flooring

About This Home

As of August 2016

WOW!! Great Value for the money in Phoenix. This home has 3 Bedroom, 1.75 baths, lots of storage, and a large open great room and an attached 1 BR, 1 BA apartment. Large fenced in front yard on a corner lot, very spacious back yard with RV gate room for RV parking and 2 patio areas. Wood flooring in the bedrooms, tile throughout. One of the bedrooms has a built in dresser and entertainment center and built in shelving on the opposite wall. Home and apartment have separate entrances at the front entry way. The two do share a large indoor laundry room. Home has a newer roof and both evap and air conditioning. Apartment would be great for in-law or as rental unit. Close to shopping, the I-17 freeway, and there is a college just a bike ride away. Bring all offers, this home won't last.

Last Agent to Sell the Property

Andrew Dearing

HomeSmart License #SA562598000 Listed on: 06/30/2016

HomeSmart

Co-Listed By

mz HS

HomeSmart License #SA531926000

Last Buyer's Agent

Luis Mata

HomeSmart License #SA565289000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $742

Year Built

  • Built in 1960

Lot Details

  • 9,135 Sq Ft Lot
  • Block Wall Fence
  • Corner Lot
  • Grass Covered Lot

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,842 Sq Ft Home
  • 1-Story Property

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Open Parking Spaces
  • RV Gated

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Roadrunner Elementary School
  • Palo Verde Middle School
  • Apollo High School

Utilities

  • Refrigerated and Evaporative Cooling System
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Melrose Shadows 2 Subdivision

Listing and Financial Details

  • Tax Lot 183
  • Assessor Parcel Number 151-28-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$742

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Cross Street: 39th Ave & Northern
  • Legal Info Range: 2E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Floors: Partial
  • Updated Heating or Cooling Units: Partial
  • Updated Roof: Partial
  • Parking Spaces Slab Parking Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1960
  • Tax Year: 2015
  • Directions: South on 39th Ave to State Ave - West on State Ave - house is on the south west corner of 39th Ave & State Ave
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.21
  • Co List Office Mls Id: cril04
  • Co List Office Phone: 602-230-7600
  • Subdivision Name: MELROSE SHADOWS 2
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: 3/4 Bath Master Bdrm
  • Living Area: 1842.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Storage
  • Lot Features: Corner Lot, Grass Front, Grass Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Block, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Parking Features: RV Gate, RV Access/Parking
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Parking Features:RV Gate: Yes
  • Parking Features:RV Parking: Yes

Utilities

  • Cooling: Both Refrig & Evap
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: None
  • 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: Roadrunner School
  • High School: Apollo High School
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Palo Verde Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9135.0
  • Parcel #: 151-28-016
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 742.0
  • Tax Book Number: 151.00
  • Tax Lot: 183
  • Tax Map Number: 28.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2016
Closed on
Aug 3, 2016
Sold by
Bryan Margarita and Labella Patricia Ann
Bought by
Martinez Jesus M Hernandez and Ruiz Luisa Vasques
Seller's Agent
Andrew Dearing
HomeSmart
Buyer's Agent
Luis Mata
HomeSmart
List Price
$150,000
Sold Price
$138,000
Premium/Discount to List
-$12,000
-8%
Current Estimated Value
$397,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,035
Avg. Annual Appreciation
12.20%
Original Mortgage
$140,000
Outstanding Balance
$111,991
Interest Rate
3.56%
Mortgage Type
Commercial
Estimated Equity
$285,044

Purchase Details

Closed on
Mar 15, 2004
Sold by
Bryan Margarita
Bought by
Bryan Margarita and Labella Patricia Ann

Purchase Details

Closed on
Dec 8, 1998
Sold by
Stephenson Lisa Michelle
Bought by
Bryan Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,320
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 1998
Sold by
Stephenson Shane E
Bought by
Stephenson Lisa M

Purchase Details

Closed on
Jun 29, 1995
Sold by
Hud
Bought by
Stephenson Shane E and Stephenson Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,276
Interest Rate
7.9%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 18, 1995
Sold by
Accubanc Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Jan 9, 1995
Sold by
Brown Laura L
Bought by
Accubanc Mtg Corp
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
Martinez Jesus M Hernandez $138,000 Einpire West Title Agency
Bryan Margarita -- --
Bryan Margarita $92,900 Fidelity Title
Stephenson Lisa M -- Fidelity Title
Stephenson Shane E -- --
Hud -- Grand Canyon Title
Accubanc Mtg Corp -- Grand Canyon Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Jesus M Hernandez $140,000
Previous Owner Bryan Margarita $74,320
Previous Owner Stephenson Shane E $85,276
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2016 08/08/16 Sold $138,000 -8.0% $75 / Sq Ft
07/08/2016 07/08/16 Pending -- -- --
06/30/2016 06/30/16 For Sale $150,000 -- $81 / 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 $1,916 $15,665 -- --
2024 $1,881 $14,919 -- --
2023 $1,881 $28,400 $5,680 $22,720
2022 $1,820 $21,720 $4,340 $17,380
2021 $1,843 $20,020 $4,000 $16,020
2020 $1,797 $19,020 $3,800 $15,220
2019 $1,764 $16,030 $3,200 $12,830
2018 $1,718 $15,250 $3,050 $12,200
2017 $924 $11,080 $2,210 $8,870
2016 $800 $10,100 $2,020 $8,080
2015 $742 $9,830 $1,960 $7,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5464113

Arizona Regional Multiple Listing Service (ARMLS)

APN: 151-28-016