NOT LISTED FOR SALE

52 W Southgate Ave Phoenix, AZ 85041

South Mountain Neighborhood

Estimated Value: $374,000 - $648,000

2 Beds
1 Bath
1,964 Sq Ft
$250/Sq Ft Est. Value

Last Sold July 28, 2020

Last sale price $120,000 $61 Per Sq Ft

Est. 309% increase in value since last sale

Current estimated payment $2,606/month

2 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • 1-Story Property
  • Phoenix Coding Academy Rated A
  • Heating Available
  • 5-minute walk to Ho-E Mini Park

About This Home

As of July 2020

This is an investor opportunity with 2 Dwellings (3 units). Dwellings need major reconstruction/repairs. This neighborhood is seeing great rehabs being done.

Last Agent to Sell the Property

Lisa Lowe

LOVE PHX License #BR640991000 Listed on: 07/14/2020

Last Buyer's Agent

Maria Cvetovac

HomeSmart License #BR651274000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $586

Year Built

  • Built in 1940

Lot Details

  • 8,794 Sq Ft Lot

Home Design

  • Wood Frame Construction
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,964 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Schools

  • Roosevelt Elementary School
  • Cesar E Chavez Community Middle School
  • Cesar Chavez High School

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include (see remarks)
  • Southgate Park Subdivision

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 113-07-095

Home Details

Home Type

Single Family

Est. Annual Taxes

$586

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Cross Street: Central & Broadway
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Separate Den Office Sep Den Office: N
  • Year Built: 1940
  • Tax Year: 2019
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.2
  • Subdivision Name: SOUTHGATE PARK
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 61.09
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Other
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 1964.0
  • Stories: 1
  • Kitchen Features:None42: Yes

Exterior Features

  • Fencing: Other
  • Lot Features: Dirt Front, Dirt Back
  • Pool Features: None
  • Disclosures: Other (See Remarks)
  • Construction Type: Stucco, Wood Frame, Painted, Block
  • Roof: Other
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Utilities

  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Laundry Features: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:Other (See Remarks)5: Yes

Fee Information

  • Association Fee Includes: Other (See Remarks)

Schools

  • Elementary School: Roosevelt Elementary School
  • High School: Cesar Chavez High School
  • Middle Or Junior School: Cesar E Chavez Community School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8794.0
  • Parcel #: 113-07-095

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 586.0
  • Tax Book Number: 113.00
  • Tax Lot: 40
  • Tax Map Number: 7.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2020
Closed on
Jul 15, 2020
Sold by
Paryse Jim and Estate Of Nancy Lee Shepard Ro
Bought by
Centenarios Investments Llc
Seller's Agent
Lisa Lowe
LOVE PHX
Buyer's Agent
Maria Cvetovac
HomeSmart
List Price
$105,000
Sold Price
$120,000
Premium/Discount to List
$15,000
14.29%
Current Estimated Value
$491,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,019
Avg. Annual Appreciation
29.20%
Original Mortgage
$161,500
Outstanding Balance
$143,473
Interest Rate
3.2%
Mortgage Type
Commercial
Estimated Equity
$347,546
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
Centenarios Investments Llc $120,000 Security Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Centenarios Investments Llc $161,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2020 07/28/20 Sold $120,000 +14.3% $61 / Sq Ft
07/16/2020 07/16/20 Pending -- -- --
07/14/2020 07/14/20 For Sale $105,000 -- $53 / 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 $646 $4,520 -- --
2024 $645 $4,304 -- --
2023 $645 $23,300 $4,660 $18,640
2022 $599 $16,200 $3,240 $12,960
2021 $614 $13,670 $2,730 $10,940
2020 $606 $11,750 $2,350 $9,400
2019 $586 $11,150 $2,230 $8,920
2018 $570 $8,130 $1,620 $6,510
2017 $538 $7,210 $1,440 $5,770
2016 $511 $5,930 $1,180 $4,750
2015 $478 $4,930 $980 $3,950
Source: Public Records

Agents Affiliated with this Home

  • Lisa Lowe

    Seller's Agent in 2020

    Lisa Lowe

    LOVE PHX

    (602) 316-3098

    109 Total Sales

    Lisa Lowe
    Section Image
  • Maria Cvetovac

    Buyer's Agent in 2020

    Maria Cvetovac

    HomeSmart

    (602) 651-4448

    19 in this area

    166 Total Sales

    Maria Cvetovac
    Section Image

  • A

    Buyer Co-Listing Agent in 2020

    Alen Cvetovac

    HomeSmart

    (602) 761-4600

    16 in this area

    127 Total Sales

    Alen Cvetovac
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6103189

Arizona Regional Multiple Listing Service (ARMLS)

APN: 113-07-095

Arizona Maricopa County Phoenix 85041 South Mountain

52 W Southgate 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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