NOT LISTED FOR SALE

505 E Kerry Ln Phoenix, AZ 85024

North Central Phoenix Neighborhood

Estimated Value: $398,499 - $437,000

3 Beds
2.5 Baths
1,585 Sq Ft
$268/Sq Ft Est. Value

Last Sold April 29, 2019

Last sale price $255,000 $161 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,368/month

3 Days on Market

Highlights

  • 1 Fireplace
  • Dual Vanity Sinks in Primary Bathroom
  • Central Air
  • Eagle Ridge Elementary School Rated A-
  • Tile Flooring
  • Heating Available

About This Home

As of April 2019

Amazing !! This is a requested floor plan and the location is second to none. Nice and bright greatroom concept. Enjoy the kitchen with stainless appliances and the granite counter tops. Bedrooms are spacious, light and bright. Bathrooms are clean. The home is ready for you to move into!! This is a very reasonably priced home, in a great area...it won't last long !!The current occupant will be removing the lights from the back yard and the curtains in the upstairs bedroom.

Last Agent to Sell the Property

Gary Mankewich

Realty ONE Group License #SA630604000 Listed on: 03/07/2019

Last Buyer's Agent

Kelly Moore

Realty ONE Group License #SA564212000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,387

Year Built

  • Built in 1985

Lot Details

  • 4,161 Sq Ft Lot
  • Desert faces the back of the property
  • Block Wall Fence

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,585 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Schools

  • Eagle Ridge Elementary School
  • Mountain Trail Middle School
  • North Canyon High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • Association fees include ground maintenance
  • Vision Management Association, Phone Number (480) 539-1396
  • Built by general
  • Merit Estates Replat Subdivision

Listing and Financial Details

  • Tax Lot 214
  • Assessor Parcel Number 209-24-530

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,387

Year Built

Built in 1985

Lot Details

0

HOA Fees

$38 per month

Parking

2

Listing Details

  • Cross Street: 7th St & Union Hills
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 38.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1985
  • Tax Year: 2018
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.1
  • Subdivision Name: MERIT ESTATES REPLAT
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 160.88
  • Association Fees:HOA Fee2: 38.0
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Upstairs, Full Bth Master Bdrm
  • Living Area: 1585.0
  • Stories: 2
  • Kitchen Features:RangeOven Elec: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Family Room: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 38.0
  • Association Fee Frequency: Monthly
  • Association Name: Vision Management
  • Phone: 480-539-1396
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Vision Management
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Eagle Ridge Elementary School
  • High School: North Canyon High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Mountain Trail Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4161.0
  • Parcel #: 209-24-530

Building Info

  • Builder Name: general

Tax Info

  • Tax Annual Amount: 1387.0
  • Tax Book Number: 209.00
  • Tax Lot: 214
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2019
Closed on
Apr 22, 2019
Sold by
Adams Raymond G and Adams Joanne
Bought by
Jameson Colton
Seller's Agent
Gary Mankewich
Realty ONE Group
Buyer's Agent
Kelly Moore
Realty ONE Group
List Price
$255,000
Sold Price
$255,000
Current Estimated Value
$424,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,875
Avg. Annual Appreciation
7.92%
Original Mortgage
$242,250
Outstanding Balance
$212,981
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$211,894

Purchase Details

Listed on
Oct 31, 2014
Closed on
Jan 13, 2015
Sold by
Nc Az 1 Llc
Bought by
Adams Ii Raymond G and Cox Joanne
Seller's Agent
Jane Wofford
HomeSmart
Buyer's Agent
Bill Scheidt
PMI East Valley
List Price
$185,000
Sold Price
$185,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.84%
Original Mortgage
$148,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2011
Sold by
Nordahl David
Bought by
Nc Az 1 Llc

Purchase Details

Closed on
Aug 19, 2011
Sold by
Tif Az 1 Llc
Bought by
Nordahl David

Purchase Details

Closed on
Jun 21, 2011
Sold by
Fannie Mae
Bought by
Tif Az I Llc

Purchase Details

Closed on
Nov 4, 2010
Sold by
Hysi Spartak
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 20, 2007
Sold by
Hysaj Veip
Bought by
Hysi Spartak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,400
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2005
Sold by
Metzner Peter and Metzner Tammy L
Bought by
Hysi Spartak and Hysaj Veip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
5.64%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 13, 2001
Sold by
Madison Sherryl
Bought by
Metzner Peter and Metzner Tammy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,892
Interest Rate
7.11%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 6, 1995
Sold by
Hud
Bought by
Bound Homeward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,881
Interest Rate
8.36%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 1, 1995
Sold by
Bound Homeward
Bought by
Madison Sherryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,881
Interest Rate
8.36%
Mortgage Type
FHA
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
Jameson Colton $255,000 Great American Title Agency
Adams Ii Raymond G $185,000 Greystone Title Agency
Nc Az 1 Llc -- None Available
Nordahl David $89,490 Magnus Title Agency
Tif Az I Llc $74,550 Stewart Title & Trust Of Pho
Federal National Mortgage Association $204,514 Accommodation
Hysi Spartak -- Fidelity National Title
Hysi Spartak $217,500 Title Security Agency Of Az
Metzner Peter $125,000 Security Title Agency
Bound Homeward -- First American Title
Madison Sherryl $72,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jameson Colton $242,250
Previous Owner Adams Ii Raymond G $148,000
Previous Owner Hysi Spartak $198,400
Previous Owner Hysi Spartak $174,000
Previous Owner Metzner Peter $123,892
Previous Owner Madison Sherryl $71,881
Closed Hysi Spartak $43,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/29/2019 04/29/19 Sold $255,000 0.0% $161 / Sq Ft
03/07/2019 03/07/19 For Sale $255,000 0.0% $161 / Sq Ft
09/02/2017 09/02/17 Rented $1,425 0.0% --
08/03/2017 08/03/17 Price Changed $1,425 -4.9% $1 / Sq Ft
07/25/2017 07/25/17 Price Changed $1,499 -10.7% $1 / Sq Ft
07/12/2017 07/12/17 For Rent $1,679 0.0% --
01/27/2015 01/27/15 Sold $185,000 0.0% $117 / Sq Ft View Prior Sale
01/22/2015 01/22/15 For Sale $185,000 0.0% $117 / Sq Ft
12/11/2014 12/11/14 Pending -- -- --
10/31/2014 10/31/14 For Sale $185,000 -- $117 / 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 $1,323 $15,277 -- --
2024 $1,259 $14,549 -- --
2023 $1,259 $28,330 $5,660 $22,670
2022 $1,248 $21,700 $4,340 $17,360
2021 $1,268 $19,850 $3,970 $15,880
2020 $1,225 $18,430 $3,680 $14,750
2019 $1,230 $18,170 $3,630 $14,540
2018 $1,387 $16,720 $3,340 $13,380
2017 $1,132 $13,670 $2,730 $10,940
2016 $1,114 $13,070 $2,610 $10,460
2015 $1,034 $12,800 $2,560 $10,240
Source: Public Records

Agents Affiliated with this Home

  • Gary Mankewich

    Seller's Agent in 2019

    Gary Mankewich

    Realty One Group

    (623) 910-0484

    49 Total Sales

    Gary Mankewich
    Section Image

  • K

    Buyer's Agent in 2019

    Kelly Moore

    Realty One Group

    Section Image

  • B

    Seller's Agent in 2017

    Bill Scheidt

    PMI East Valley

    10 Total Sales

    Bill Scheidt
    Section Image

  • T

    Buyer's Agent in 2017

    Trevor Rueb

    HomeSmart

    (602) 769-2447

    3 Total Sales

    Trevor Rueb
    Section Image

  • J

    Seller's Agent in 2015

    Jane Wofford

    HomeSmart

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5893134

Arizona Regional Multiple Listing Service (ARMLS)

APN: 209-24-530

Arizona Maricopa County Phoenix 85024 North Central Phoenix

505 E Kerry Ln, 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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