NOT LISTED FOR SALE

531 E Cheery Lynn Rd Phoenix, AZ 85012

Midtown Phoenix Neighborhood

Estimated Value: $489,565 - $557,000

3 Beds
2 Baths
1,411 Sq Ft
$369/Sq Ft Est. Value

Last Sold March 11, 2016

Last sale price $220,000 $156 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $2,789/month

306 Days on Market

Highlights

  • Granite Countertops
  • No HOA
  • Double Pane Windows
  • Phoenix Coding Academy Rated A
  • 1 Car Detached Garage
  • Security System Owned

About This Home

As of March 2016

Significant renovations completed in late 2012/early 2013 including: new flooring throughout, new complete kitchen remodel, new tile & vanity in hall bathroom, new energy efficient dual pane windows, new attic insulation, landscaping, new garage door, paint, new toilets, new bathroom exhaust fans. New roof in November 2014.

Last Agent to Sell the Property

Kristin Edwards

NORTH&CO. License #SA635137000 Listed on: 04/20/2015

Last Buyer's Agent

Michael Peters

HomeSmart License #SA511090000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $916

Year Built

  • Built in 1950

Lot Details

  • 6,321 Sq Ft Lot
  • Desert faces the back of the property
  • Wood Fence
  • Block Wall Fence
  • Chain Link Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 1 Car Detached Garage
  • 3 Open Parking Spaces
  • 3 Carport Spaces
  • Tandem Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1,411 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Security System Owned
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Bathrooms

Accessible Home Design

  • Multiple Entries or Exits

Schools

  • Longview Elementary School
  • Osborn Middle School
  • Central High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Fey Place Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Legal Lot and Block 7 / 4
  • Assessor Parcel Number 118-22-062

Home Details

Home Type

Single Family

Est. Annual Taxes

$916

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Cross Street: Osborn & 7th St.
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2012
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2012
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2012
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2012
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2014
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1950
  • Tax Year: 2014
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.15
  • Subdivision Name: FEY PLACE
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 155.91
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Construction Brick: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Accessibility Features: Mltpl Entries/Exits
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Master Downstairs, 3/4 Bath Master Bdrm
  • Living Area: 1411.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Other Rooms:Family Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Chain Link, Wood
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Alley, Desert Back, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Home Warranty: Yes
  • Construction Type: Painted, Brick
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Tandem Garage, Detached
  • Attached Garage: No
  • Carport Spaces: 3.0
  • Garage Spaces: 1.0
  • Open Parking Spaces: 3.0
  • Parking Features:Detached: Yes
  • Parking Features:Tandem Garage: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • 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: Longview Elementary School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Osborn Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6321.0
  • Parcel #: 118-22-062

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 916.0
  • Tax Block: 4
  • Tax Book Number: 118.00
  • Tax Lot: 7
  • Tax Map Number: 22.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2015
Closed on
Mar 8, 2016
Sold by
Dje Diversified Venture I Llc
Bought by
Manzano Chris
Seller's Agent
Kristin Edwards
NORTH&CO.
Buyer's Agent
Michael Peters
HomeSmart
List Price
$250,000
Sold Price
$220,000
Premium/Discount to List
-$30,000
-12%
Current Estimated Value
$520,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,641
Avg. Annual Appreciation
9.13%

Purchase Details

Closed on
Jan 27, 2005
Sold by
Whalen William T
Bought by
Dje Diversified Venture I Llc

Purchase Details

Closed on
Jul 24, 2001
Sold by
Ayers Joel D and Ayers Michelle
Bought by
Whalen William T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
7.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2000
Sold by
Ayers Michelle L and Wadlow Michelle
Bought by
Ayers Joel D and Ayers Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
8.24%

Purchase Details

Closed on
Jul 24, 1998
Sold by
Ayers Joel David
Bought by
Ayers Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,433
Interest Rate
6.9%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 19, 1995
Sold by
Conklin William D
Bought by
Wadlow Michelle and Wadlow Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,967
Interest Rate
7.8%
Mortgage Type
FHA

Purchase Details

Closed on
May 11, 1995
Sold by
Williams Crystal and Trimble Florence Foote
Bought by
Conklin William D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
7.92%
Mortgage Type
Seller Take Back
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
Manzano Chris $220,000 Pioneer Title Agency Inc
Dje Diversified Venture I Llc $185,000 Title Management Agency Of A
Whalen William T $120,000 Security Title Agency
Ayers Joel D -- --
Ayers Michelle L -- Security Title Agency
Wadlow Michelle $69,500 Chicago Title Insurance Co
Conklin William D $45,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Whalen William T $96,000
Previous Owner Ayers Joel D $25,000
Previous Owner Ayers Michelle L $67,433
Previous Owner Wadlow Michelle $68,967
Previous Owner Conklin William D $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2016 03/11/16 Sold $220,000 -8.3% $156 / Sq Ft
12/18/2015 12/18/15 Price Changed $239,900 -4.0% $170 / Sq Ft
11/04/2015 11/04/15 For Sale $250,000 +13.6% $177 / Sq Ft
11/01/2015 11/01/15 Off Market $220,000 -- --
10/07/2015 10/07/15 Price Changed $250,000 -7.2% $177 / Sq Ft
07/30/2015 07/30/15 Price Changed $269,500 -1.8% $191 / Sq Ft
07/01/2015 07/01/15 Price Changed $274,500 -4.7% $195 / Sq Ft
05/17/2015 05/17/15 Price Changed $288,000 -2.4% $204 / Sq Ft
04/20/2015 04/20/15 For Sale $295,000 0.0% $209 / Sq Ft
05/15/2012 05/15/12 Rented $1,200 -20.0% --
04/10/2012 04/10/12 Under Contract -- -- --
01/31/2012 01/31/12 For Rent $1,500 -- --
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 $1,132 $9,911 -- --
2024 $1,053 $9,440 -- --
2023 $1,053 $34,150 $6,830 $27,320
2022 $1,048 $25,570 $5,110 $20,460
2021 $1,079 $23,030 $4,600 $18,430
2020 $1,050 $22,520 $4,500 $18,020
2019 $1,001 $20,660 $4,130 $16,530
2018 $965 $18,300 $3,660 $14,640
2017 $878 $14,510 $2,900 $11,610
2016 $845 $13,970 $2,790 $11,180
2015 $902 $13,800 $2,760 $11,040
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Kristin Edwards

    North & Co

  • M

    Buyer's Agent in 2016

    Michael Peters

    HomeSmart

    Section Image

  • R

    Buyer's Agent in 2012

    Ryan Lehrman

    SRL Group

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5268969

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-22-062

Arizona Maricopa County Phoenix 85012 Midtown Phoenix

531 E Cheery Lynn Rd, Phoenix, AZ

Not Listed for Sale

Detached

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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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