NOT LISTED FOR SALE

Estimated Value: $980,247

3 Beds
4 Baths
4,474 Sq Ft
$219/Sq Ft Est. Value

Last Sold November 07, 2018

Last sale price $600,000 $134 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $5,528/month

340 Days on Market

Highlights

  • 0.39 Acre Lot
  • Mountain View
  • Santa Fe Architecture
  • Tavan Elementary School Rated A
  • Wood Flooring
  • 4-minute walk to Old Cross Cut Canal Park

About This Home

As of November 2018

Step in to Murphy house and step back in time, as you enjoy a rare find in the Arcadia area. With over 4,000 square feet of historic craftsmanship such as 18-inch-thick adobe brick walls, terrazzo floors said to have been laid by brothers from Italy, and beautiful mission style wrought iron work throughout. Whether you are interested in period renovations, or updating the old with new, you will not want to miss this opportunity to see this property. Perfect for professional offices, coffee shop, Bed & Breakfast, art museum and much more.

Last Agent to Sell the Property

Maggie Folmar

KMF Real Estate LLC License #SA653248000 Listed on: 11/02/2017

Last Buyer's Agent

Maggie Folmar

KMF Real Estate LLC License #SA653248000 Listed on: 11/02/2017

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1935

Lot Details

  • 0.39 Acre Lot
  • Desert faces the front and back of the property

Home Design

  • Santa Fe Architecture
  • Fixer Upper
  • Tile Roof
  • Stucco
  • Adobe

Interior Spaces

  • 4,474 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Living Room with Fireplace
  • Mountain Views
  • Finished Basement
  • Partial Basement
  • Security System Owned

Flooring

  • Wood
  • Stone
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 4 Bathrooms
  • Bathtub With Separate Shower Stall

Parking

  • 3 Open Parking Spaces
  • 1 Carport Space

Outdoor Features

  • Balcony
  • Patio

Location

  • Property is near a bus stop

Schools

  • Tavan Elementary School
  • Ingleside Middle School
  • Arcadia High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Richardson Tract Blks 1 6 Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 128-15-042-B

Home Details

Home Type

Single Family

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Cross Street: St & Thomas Rd
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: Y
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1935
  • Tax Year: 2018
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.39
  • Subdivision Name: RICHARDSON TRACT BLKS 1-6
  • Architectural Style: Territorial/Santa Fe
  • New Construction: No
  • Property Attached Yn: No
  • Tax Parcel Letter: B
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 134.1
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Basement: Finished, Partial
  • Flooring: Stone, Wood, Concrete
  • Basement YN: Yes
  • Possible Use: Res/Business Use Ok
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Interior Amenities: Upstairs, 9+ Flat Ceilings, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 4474.0
  • Stories: 2
  • Kitchen Features:RangeOven Elec: Yes
  • Community Features:Near Bus Stop: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • Basement Description:Finished2: Yes
  • Basement Description:Partial: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony, Patio
  • Lot Features: Desert Back, Desert Front
  • Pool Features: None
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Adobe
  • Property Condition: Fixer
  • Roof: Tile
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes
  • Construction:Adobe: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0
  • Open Parking Spaces: 3.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop
  • 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: Tavan Elementary School
  • High School: Arcadia High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Ingleside Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 17000.0
  • Parcel #: 128-15-042-B
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Book Number: 128.00
  • Tax Lot: 2
  • Tax Map Number: 15.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2017
Closed on
Oct 31, 2018
Sold by
The Bridge United Methodist Church
Bought by
Arizona Llc
Seller's Agent
Maggie Folmar
KMF Real Estate LLC
Buyer's Agent
Maggie Folmar
KMF Real Estate LLC
List Price
$995,000
Sold Price
$600,000
Premium/Discount to List
-$395,000
-39.7%
Current Estimated Value
$980,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,247
Avg. Annual Appreciation
7.12%
Original Mortgage
$480,000
Outstanding Balance
$421,201
Interest Rate
4.7%
Mortgage Type
Commercial
Estimated Equity
$559,046
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Arizona Llc $600,000 American Title Service Agenc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arizona Llc $480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/07/2018 11/07/18 Sold $600,000 -20.0% $134 / Sq Ft
10/08/2018 10/08/18 Pending -- -- --
05/11/2018 05/11/18 Price Changed $750,000 -11.7% $168 / Sq Ft
04/10/2018 04/10/18 Price Changed $849,000 -10.2% $190 / Sq Ft
02/22/2018 02/22/18 Price Changed $945,000 -5.0% $211 / Sq Ft
11/02/2017 11/02/17 For Sale $995,000 +30051.5% $222 / Sq Ft
11/01/2016 11/01/16 Sold $3,300 -5.7% $1 / Sq Ft View Prior Sale
09/26/2016 09/26/16 Pending -- -- --
06/27/2016 06/27/16 For Sale $3,500 -- $1 / 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 $4,706 $55,828 -- --
2024 $4,411 $53,170 -- --
2023 $4,411 $77,820 $52,350 $25,470
2022 $4,204 $77,565 $54,660 $22,905
2021 $4,386 $77,055 $54,660 $22,395
2020 $4,211 $74,130 $51,930 $22,200
2019 $4,053 $68,295 $49,470 $18,825
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5682612

Arizona Regional Multiple Listing Service (ARMLS)

APN: 128-15-042B