505 E Fairmount Ave Phoenix, AZ 85012
Midtown Phoenix NeighborhoodEstimated Value: $413,644 - $1,007,000
Studio
--
Bath
2,513
Sq Ft
$284/Sq Ft
Est. Value
About This Home
This home is located at 505 E Fairmount Ave, Phoenix, AZ 85012 and is currently estimated at $714,161, approximately $284 per square foot. 505 E Fairmount Ave is a home located in Maricopa County with nearby schools including Longview Elementary School, Phoenix Coding Academy, and Central High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 11, 2001
Sold by
Matlock Brian
Bought by
Padilla Solomon R and Padilla Maria Cristina R
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Outstanding Balance
$45,865
Interest Rate
6.91%
Mortgage Type
New Conventional
Estimated Equity
$668,296
Purchase Details
Closed on
Oct 15, 1997
Sold by
Phoenix M G P Inc
Bought by
Matlock Brian
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,300
Interest Rate
7.49%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 1, 1995
Sold by
Engbarth Lyle J and Engbarth Karyl E
Bought by
Phoenix M G P Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.61%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Padilla Solomon R | $130,000 | Chicago Title Insurance Co | |
| Matlock Brian | $107,000 | Capital Title Agency | |
| Phoenix M G P Inc | $48,000 | Fidelity Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Padilla Solomon R | $117,000 | |
| Previous Owner | Matlock Brian | $96,300 | |
| Previous Owner | Phoenix M G P Inc | $65,000 |
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 | $1,658 | $12,768 | -- | -- |
| 2024 | $1,548 | $12,160 | -- | -- |
| 2023 | $1,548 | $42,060 | $8,410 | $33,650 |
| 2022 | $1,539 | $32,270 | $6,450 | $25,820 |
| 2021 | $1,565 | $26,850 | $5,370 | $21,480 |
| 2020 | $1,526 | $22,850 | $4,570 | $18,280 |
| 2019 | $1,460 | $21,800 | $4,360 | $17,440 |
| 2018 | $1,411 | $18,900 | $3,780 | $15,120 |
| 2017 | $1,296 | $16,030 | $3,200 | $12,830 |
| 2016 | $1,250 | $11,800 | $2,360 | $9,440 |
Source: Public Records
Map
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