NOT LISTED FOR SALE

Estimated Value: $981,000 - $2,077,000

4 Beds
2 Baths
1,800 Sq Ft
$996/Sq Ft Est. Value

Last Sold July 19, 2019

Last sale price $500,000 $278 Per Sq Ft

Est. 258% increase in value since last sale

Current estimated payment $10,017/month

628 Days on Market

Highlights

  • 0.39 Acre Lot
  • Spanish Architecture
  • No HOA
  • Madison Richard Simis School Rated A-
  • 1 Fireplace
  • Covered Patio or Porch

About This Home

As of July 2019

Opportunity for dreams to come true, located in the heart of central Phoenix, large irrigated lot, with no HOA has amazing potential. This sought after 85012 zip code has walkable shopping, Phoenix's restaurant row, and the coveted Madison school district. This Neighborhood currently has multi million dollar homes under construction. Whether you choose to do a remodel or your an investor this sale price offers opportunity to increase value quickly. Minutes from the 51 freeway, Phoenix International Airport, downtown Phoenix, Scottsdale, award winning golf courses, and scenic hiking trails. This 1949 masonry ranch style home is being sold ''as is''

Last Agent to Sell the Property

Donald Leo

HomeSmart License #SA047342000 Listed on: 09/01/2017

HomeSmart

Last Buyer's Agent

Jennifer Reid

HomeSmart License #SA650351000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,524

Year Built

  • Built in 1949

Lot Details

  • 0.39 Acre Lot
  • Wood Fence
  • Chain Link Fence
  • Grass Covered Lot

Parking

  • 4 Open Parking Spaces

Home Design

  • Spanish Architecture
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Double Pane Windows

Flooring

  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by La Mar Homes
  • Miltons Groves Lots 1 10 Subdivision

Listing and Financial Details

  • Tax Lot 41
  • Assessor Parcel Number 161-19-051

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,524

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Cross Street: 7th street & Glendale
  • 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
  • Parking Spaces Slab Parking Spaces: 4.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1949
  • Tax Year: 2016
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.39
  • Subdivision Name: MILTONS GROVES LOTS 1-10
  • Architectural Style: Spanish
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 277.77
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Concrete
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1800.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, Dual Pane
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes

Exterior Features

  • Fencing: Chain Link, Wood
  • Lot Features: Grass Front, Grass Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Block
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Open Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Heating: Electric, Natural Gas
  • Laundry Features: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Heating:Electric: 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: 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: 16775.0
  • Parcel #: 161-19-051

Building Info

  • Builder Name: La Mar Homes

Tax Info

  • Tax Annual Amount: 2524.0
  • Tax Book Number: 161.00
  • Tax Lot: 41
  • Tax Map Number: 19.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2023
Sold by
Reid Travis and Reid Jennifer
Bought by
Reid Family Trust
Current Estimated Value
$1,792,296

Purchase Details

Listed on
Sep 1, 2017
Closed on
Jul 12, 2019
Sold by
Montgomery Steven John
Bought by
Reid Travis and Reid Jennifer
Seller's Agent
Donald Leo
HomeSmart
Buyer's Agent
Jennifer Reid
HomeSmart
List Price
$675,000
Sold Price
$500,000
Premium/Discount to List
-$175,000
-25.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.63%
Original Mortgage
$475,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2005
Sold by
Montgomery Joyce L
Bought by
Montgomery Steven John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 24, 2002
Sold by
Steinmetz Ronald
Bought by
Montgomery Steven John and Montgomery Joyce L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.89%
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Reid Family Trust -- --
Reid Travis $500,000 Grand Canyon Title Agency
Montgomery Steven John -- Ticor Title Agency Of Az Inc
Montgomery Steven John -- Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reid Travis $475,000
Previous Owner Montgomery Steven John $264,000
Previous Owner Montgomery Steven John $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2019 07/19/19 Sold $500,000 -2.9% $278 / Sq Ft
05/22/2019 05/22/19 Pending -- -- --
04/25/2019 04/25/19 Price Changed $515,000 -1.9% $286 / Sq Ft
01/21/2019 01/21/19 Price Changed $525,000 -2.4% $292 / Sq Ft
10/09/2018 10/09/18 Price Changed $538,000 -1.9% $299 / Sq Ft
09/05/2018 09/05/18 Price Changed $548,500 -0.3% $305 / Sq Ft
06/12/2018 06/12/18 Price Changed $550,000 -1.8% $306 / Sq Ft
05/14/2018 05/14/18 Price Changed $560,000 -4.9% $311 / Sq Ft
04/15/2018 04/15/18 Price Changed $589,000 -8.0% $327 / Sq Ft
04/02/2018 04/02/18 Price Changed $640,000 +8.7% $356 / Sq Ft
04/02/2018 04/02/18 Price Changed $589,000 -8.0% $327 / Sq Ft
11/07/2017 11/07/17 Price Changed $640,000 -5.2% $356 / Sq Ft
09/01/2017 09/01/17 For Sale $675,000 -- $375 / 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 $8,514 $69,956 -- --
2024 $7,856 $66,625 -- --
2023 $7,856 $133,450 $26,690 $106,760
2022 $7,604 $102,120 $20,420 $81,700
2021 $7,675 $83,410 $16,680 $66,730
2020 $2,899 $36,120 $7,220 $28,900
2019 $2,833 $31,380 $6,270 $25,110
2018 $2,758 $28,520 $5,700 $22,820
2017 $2,619 $27,120 $5,420 $21,700
2016 $2,524 $24,220 $4,840 $19,380
2015 $2,392 $17,620 $3,520 $14,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5654971

Arizona Regional Multiple Listing Service (ARMLS)

APN: 161-19-051