NOT LISTED FOR SALE

Estimated Value: $658,000 - $1,151,000

3 Beds
2 Baths
1,500 Sq Ft
$581/Sq Ft Est. Value

Last Sold June 19, 2012

Last sale price $117,000 $78 Per Sq Ft

Est. 644% increase in value since last sale

Current estimated payment $4,881/month

22 Days on Market

Highlights

  • RV Access or Parking
  • 0.37 Acre Lot
  • No HOA
  • Phoenix Coding Academy Rated A
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of June 2012

SOLD IN AS-IS CONDITION, SINGLE LEVEL HOME.

Last Agent to Sell the Property

Korey Hjelmeir

Desert Gallery Properties, LLC License #SA543592000 Listed on: 01/09/2012

Last Buyer's Agent

Jason Poyner

Phoenix Property Group License #BR543102000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,466

Year Built

  • Built in 1948

Lot Details

  • 0.37 Acre Lot
  • Private Streets
  • Block Wall Fence
  • Grass Covered Lot

Home Design

  • Brick Exterior Construction
  • Tile Roof

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Security System Owned
  • Eat-In Kitchen

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 1 Carport Space
  • RV Access or Parking

Eco-Friendly Details

  • North or South Exposure

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Griffith Elementary School

Utilities

  • Evaporated cooling system
  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Rancho Ventura Subdivision

Listing and Financial Details

  • Short Sale
  • Home warranty included in the sale of the property
  • Tax Lot 8
  • Assessor Parcel Number 126-04-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,466

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Cross Street: 40th St. & Thomas Rd.
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Basement: N
  • Items Updated Floor Yr Updated: 2007
  • Items Updated Ht Cool Yr Updated: 2005
  • Items Updated Kitchen Yr Updated: 2007
  • Parking Spaces Total Covered Spaces: 1.0
  • Year Built: 1948
  • Tax Year: 2011
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.37
  • Subdivision Name: Rancho Ventura
  • Architectural Style: Ranch
  • General Property Description:PriceSqFt: 78.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Construction Brick: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Special Listing Cond:Short Sale: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: 12

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Eat-in Kitchen
  • Living Area: 1500.0
  • Stories: 1
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Other, Private Street(s), Storage
  • Lot Features: North/South Exposure, Alley, Grass Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: None, Spr Fnd/WQARF/DOD
  • Home Warranty: Yes
  • Construction Type: Brick Veneer, Brick
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Private Street(s): Yes
  • Exterior Features:Other6: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: RV Access/Parking
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Evaporative Cooling
  • 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

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Griffith Elementary School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Griffith Elementary School

Lot Info

  • Lot Size Sq Ft: 16244.0
  • Parcel #: 126-04-009

Building Info

  • Builder Name: None

Tax Info

  • Tax Annual Amount: 1466.3
  • Tax Book Number: 126.00
  • Tax Lot: 8
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2013
Sold by
Martin Sharon M
Bought by
Martin Chad
Current Estimated Value
$870,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
3.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 7, 2013
Sold by
Sh Holdings Llc
Bought by
Martin Chad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
3.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 18, 2012
Sold by
Benchmark Acquisition Co Llc
Bought by
Sh Rain Tree Holdings Llc

Purchase Details

Listed on
Jan 9, 2012
Closed on
Jun 15, 2012
Sold by
Martin Sharon M
Bought by
Benchmark Acquisition Co Llc
Seller's Agent
Korey Hjelmeir
Desert Gallery Properties, LLC
Buyer's Agent
Jason Poyner
Phoenix Property Group
List Price
$317,000
Sold Price
$117,000
Premium/Discount to List
-$200,000
-63.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.97%

Purchase Details

Closed on
Mar 14, 2007
Sold by
Martin Chad
Bought by
Martin Sharon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 2007
Sold by
Vessels Lucy A
Bought by
Martin Sharon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 1996
Sold by
Vessels Lucy A
Bought by
Vessels Lucy A and Lucy A Vessels Trust
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
Martin Chad -- Driggs Title Agency Inc
Martin Chad $140,400 Driggs Title Agency Inc
Sh Rain Tree Holdings Llc -- None Available
Benchmark Acquisition Co Llc $117,000 Fidelity Natl Title Agency I
Martin Sharon M -- Guaranty Title Agency
Martin Sharon M $360,000 Guaranty Title Agency
Vessels Lucy A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Martin Chad $108,000
Closed Martin Chad $108,000
Previous Owner Martin Sharon M $288,000
Previous Owner Martin Sharon M $288,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2012 06/19/12 Sold $117,000 +11.4% $78 / Sq Ft
01/31/2012 01/31/12 Pending -- -- --
01/31/2012 01/31/12 Price Changed $105,000 -66.9% $70 / Sq Ft
01/09/2012 01/09/12 For Sale $317,000 -- $211 / 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 $3,984 $35,570 -- --
2024 $3,697 $33,876 -- --
2023 $3,697 $60,900 $12,180 $48,720
2022 $3,553 $48,080 $9,610 $38,470
2021 $3,658 $41,710 $8,340 $33,370
2020 $3,587 $43,960 $8,790 $35,170
2019 $3,580 $41,120 $8,220 $32,900
2018 $3,820 $33,570 $6,710 $26,860
2017 $3,659 $32,100 $6,420 $25,680
2016 $2,423 $20,310 $4,060 $16,250
2015 $1,996 $17,160 $3,430 $13,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4698626

Arizona Regional Multiple Listing Service (ARMLS)

APN: 126-04-009