NOT LISTED FOR SALE

503 E Belmont Ave Phoenix, AZ 85020

Alhambra Neighborhood

Estimated Value: $755,000 - $1,195,000

3 Beds
3 Baths
2,304 Sq Ft
$440/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $633,500 $275 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $5,815/month

2 Days on Market

Highlights

  • Mountain View
  • Contemporary Architecture
  • Private Yard
  • Madison Richard Simis School Rated A-
  • Vaulted Ceiling
  • No HOA

About This Home

As of August 2020

Beautifully remodeled 3 bdrm / 3 bath home on a large irrigated lot. Remodel & bedroom addition completed by licensed contractor & permitted w/ City of Phoenix. New, upgraded cabinets throughout kitchen, bathrooms, & laundry room w/ amazing granite counters. New $10k SS appliances convey to buyer - including downdraft GAS stove & Smart Fridge w/ Family HUB! Split floor plan w/ soaring ceilings. Large breakfast bar opens to a spacious open beamed greatroom. Dual sink master bath w/ tiled shower w/ new glass enclosure. New carpet w/ upgraded pad in bedrooms & beautiful wood-like plank tile in living areas. New windows, patio doors, & front door. New AC units & new roof. Master suite has its own AC! The fixtures are NEW - ceiling fans w/ remotes, lights, mirrors, & toilets! Fresh paint!

Last Agent to Sell the Property

David Labeda

1st Southwest Realty, LLC License #SA581485000 Listed on: 07/24/2020

Last Buyer's Agent

Melanie McFarland

Compass License #BR012249000

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,903

Year Built

  • Built in 2018

Lot Details

  • 9,322 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Private Yard
  • Grass Covered Lot

Home Design

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

Interior Spaces

  • 2,304 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Family Room
  • Formal Dining Room
  • Mountain Views
  • Smart Home

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Built-In Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Remodeled Bathroom
  • 3 Bathrooms
  • Double Vanity
  • Private Water Closet

Laundry

  • Laundry in unit
  • Washer Hookup

Parking

  • 2 Open Parking Spaces
  • 1 Carport Space

Eco-Friendly Details

  • North or South Exposure
  • Watersense Fixture

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Madison Richard Simis Elementary School
  • Madison Meadows Middle School
  • Central High School

Utilities

  • Central Air
  • Heating Available
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Flood Irrigation

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Palm Heights 2 Subdivision

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 160-38-028

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,903

Year Built

Built in 2018

Lot Details

9,322 Sq Ft Lot

Listing Details

  • Cross Street: 7th St & Northern
  • Property Type: Residential
  • Ownership: Fee Simple
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2018
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2020
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2018
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2018
  • Items Updated Plmbg Yr Updated: 2018
  • Updated Room Addition: Full
  • Items Updated Rm Adtn Yr Updated: 2018
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2018
  • Items Updated Wiring Yr Updated: 2018
  • Separate Den Office Sep Den Office: N
  • Year Built: 2018
  • Tax Year: 2019
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.21
  • Subdivision Name: PALM HEIGHTS 2
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 274.96
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Dishwasher, Disposal, Refrigerator, Microwave, Gas Oven, Gas Range
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: 3/4 Bath Master Bdrm, Double Vanity, Eat-in Kitchen, Breakfast Bar, Pantry, Non-laminate Counter, High Speed Internet, Smart Home, Master Downstairs, Vaulted Ceiling(s), No Interior Steps
  • Living Area: 2304.0
  • Stories: 1
  • Window Features: Vinyl Frame, Dual Pane, Low-Emissivity Windows

Exterior Features

  • Fencing: Block, Wood
  • Exterior Features: Storage, Private Yard
  • Lot Features: North/South Exposure, Grass Front, Grass Back, Irrigation Front, Irrigation Back
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail, Agency Discl Req
  • Common Walls: All on One Level, No Common Walls
  • Construction Type: Block, Wood Frame, Painted, Stone
  • Patio And Porch Features: Patio, Covered Patio(s)
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Separate Strge Area
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Other, See Remarks
  • Laundry Features: Engy Star (See Rmks), Washer Hookup, Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:PAD Fee YN2: N

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Madison Richard Simis School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Madison Meadows School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9322.0
  • Parcel #: 160-38-028

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Annual Amount: 2903.0
  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2020
Closed on
Aug 20, 2020
Sold by
Lb Assets 2 Llc
Bought by
Robinson Krystal and Walwyn Desarie
Seller's Agent
David Labeda
1st Southwest Realty, LLC
Buyer's Agent
Melanie McFarland
Compass
List Price
$649,900
Sold Price
$633,500
Premium/Discount to List
-$16,400
-2.52%
Current Estimated Value
$1,013,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,233
Avg. Annual Appreciation
8.74%
Original Mortgage
$506,800
Outstanding Balance
$449,567
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$564,166

Purchase Details

Listed on
Jul 24, 2020
Closed on
Jul 8, 2020
Sold by
Kathy Gribbin
Bought by
Lb Assets 2 Llc
Seller's Agent
David Labeda
1st Southwest Realty, LLC
Buyer's Agent
Melanie McFarland
Compass
List Price
$649,900
Sold Price
$633,500
Premium/Discount to List
-$16,400
-2.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,800
Outstanding Balance
$449,567
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$564,166

Purchase Details

Closed on
May 27, 2020
Sold by
Cerca Trova Enterprises Llc
Bought by
Gribbin Kathy

Purchase Details

Closed on
May 25, 2017
Sold by
Gilbrech Donna T and Gant Barbara Anne
Bought by
Cerca Trova Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,600
Interest Rate
3.97%
Mortgage Type
Construction

Purchase Details

Closed on
May 24, 2016
Sold by
Gilbrech Donna T
Bought by
Gant Barbara Anne
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
Robinson Krystal $633,500 Empire West Title Agency Llc
Lb Assets 2 Llc -- None Available
Gribbin Kathy $450,000 None Available
Cerca Trova Enterprises Llc $240,000 Empire West Title Agency
Gant Barbara Anne -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robinson Krystal $506,800
Previous Owner Cerca Trova Enterprises Llc $335,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2020 08/21/20 Sold $633,500 -2.5% $275 / Sq Ft
07/26/2020 07/26/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $649,900 -- $282 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $4,774 $43,107 -- --
2024 $4,611 $41,054 -- --
2023 $4,611 $72,600 $14,520 $58,080
2022 $4,455 $53,010 $10,600 $42,410
2021 $4,507 $49,180 $9,830 $39,350
2020 $5,020 $48,250 $9,650 $38,600
2019 $2,903 $26,330 $5,260 $21,070
2018 $2,832 $24,480 $4,890 $19,590
2017 $2,529 $22,070 $4,410 $17,660
2016 $2,140 $18,830 $3,760 $15,070
2015 $1,991 $16,980 $3,390 $13,590
Source: Public Records

Agents Affiliated with this Home

  • David Labeda

    Seller's Agent in 2020

    David Labeda

    1st Southwest Realty, LLC

    (480) 788-7253

    24 Total Sales

    David Labeda
    Section Image

  • M

    Buyer's Agent in 2020

    Melanie McFarland

    Compass

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6107740

Arizona Regional Multiple Listing Service (ARMLS)

APN: 160-38-028

Arizona Maricopa County Phoenix 85020 Alhambra

503 E Belmont Ave, Phoenix, AZ

Not Listed for Sale

Detached

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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