NOT LISTED FOR SALE

531 E Tuckey Ln Phoenix, AZ 85012

Alhambra Neighborhood

Estimated Value: $1,030,000 - $2,005,000

4 Beds
2 Baths
1,800 Sq Ft
$951/Sq Ft Est. Value

Last Sold July 19, 2019

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

Est. 242% increase in value since last sale

Current estimated payment $9,714/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: 09/02/2017

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
  • Low Emissivity 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

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 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
  • 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
  • Directions: From 7th street and Glendale head south to Tuckey Ln, turn west, property is on the south side of the street.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.39
  • Subdivision Name: MILTONS GROVES LOTS 1-10
  • Architectural Style: Spanish
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Windows:Dual Pane: Yes
  • Windows:Low-E: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Concrete
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Living Area: 1800.0
  • Stories: 1
  • Window Features: Double Pane Windows, Low Emissivity Windows
  • Kitchen Features:RangeOven Gas: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes

Exterior Features

  • Fencing: Chain Link, Wood
  • Exterior Features: Covered Patio(s)
  • Lot Features: Grass Front, Grass Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Block
  • Roof: Tile
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Open Parking Spaces: 4.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric, Natural Gas
  • Laundry Features: Other, See Remarks
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: None
  • 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

Schools

  • Elementary School: Madison Richard Simis School
  • High School: Central High School
  • Middle Or Junior School: Madison Meadows School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 16775.0
  • Parcel #: 161-19-051
  • ResoLotSizeUnits: SquareFeet

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
$1,711,826

Purchase Details

Listed on
Sep 2, 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
21.01%
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

Range of Values:

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Average Value
Not Available
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
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 Change Sq Ft Price
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 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 $8,089 $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

  • D

    Seller's Agent in 2019

    Donald Leo

    HomeSmart

    (602) 292-1393

    6 Total Sales

    Donald Leo
    Section Image

  • J

    Buyer's Agent in 2019

    Jennifer Reid

    HomeSmart

    (480) 206-2083

    5 Total Sales

    Jennifer Reid
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5654971

Arizona Regional Multiple Listing Service (ARMLS)

APN: 161-19-051

Arizona Maricopa County Phoenix 85012 Alhambra

531 E Tuckey Ln, Phoenix, AZ

This home is located at 531 E Tuckey Ln, Phoenix, AZ 85012 since 02 September 2017 and is currently estimated at $1,711,826, approximately $951 per square foot. This property was built in 1949. 531 E Tuckey Ln is a home located in Maricopa County with nearby schools including Madison Richard Simis School, Madison Meadows School, and Central High School.

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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