NOT LISTED FOR SALE

Estimated Value: $242,000 - $271,000

-- Bed
2 Baths
885 Sq Ft
$293/Sq Ft Est. Value

About This Home

This home is located at 6315 N 16th St Unit 235, Phoenix, AZ 85016 and is currently estimated at $259,226, approximately $292 per square foot. 6315 N 16th St Unit 235 is a home located in Maricopa County with nearby schools including Madison Heights Elementary School, Madison No. 1 Middle School, and Phoenix Coding Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2022
Sold by
North Point 6315 Llc
Bought by
M3 Capital Group Acquisition Company 5 Llc
Current Estimated Value
$240,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,870,000
Outstanding Balance
$19,834,884
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
-$19,575,658

Purchase Details

Closed on
May 11, 2022
Sold by
North Point 6315 Llc
Bought by
M3 Capital Group Acquisition Company 5 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,870,000
Outstanding Balance
$19,834,884
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
-$19,575,658

Purchase Details

Closed on
Nov 7, 2018
Sold by
North Point Condominium Assn
Bought by
North Point 6315 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,300,000
Interest Rate
4.7%
Mortgage Type
Commercial

Purchase Details

Closed on
May 20, 2011
Sold by
Daniel & Brook Venture Fund One Llc
Bought by
Ivory Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
4.73%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 15, 2010
Sold by
Difranco Vincent T
Bought by
Daniel & Brook Venture Fund One Llc

Purchase Details

Closed on
Jun 16, 2009
Sold by
New North Point Condominium Llc
Bought by
Difranco Vincent T
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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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
M3 Capital Group Acquisition Company 5 Llc $26,650,000 Thomas Title & Escrow Llc
M3 Capital Group Acquisition Company 5 Llc $26,650,000 Thomas Title & Escrow Llc
North Point 6315 Llc $7,430,000 Stewart Title Guaranty Compa
Ivory Properties Llc $49,000 Equity Title Agency Inc
Daniel & Brook Venture Fund One Llc $15,000 None Available
Difranco Vincent T $79,628 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open M3 Capital Group Acquisition Company 5 Llc $20,870,000
Closed M3 Capital Group Acquisition Company 5 Llc $20,870,000
Previous Owner North Point 6315 Llc $8,300,000
Previous Owner Ivory Properties Llc $34,000
Source: Public Records

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 $429 $3,292 -- --
2024 $398 $3,136 -- --
2023 $398 $15,670 $3,200 $12,470
2022 $386 $16,800 $3,430 $13,370
2021 $390 $16,620 $3,390 $13,230
2020 $383 $6,750 $1,350 $5,400
2019 $375 $5,670 $1,130 $4,540
2018 $366 $5,050 $1,010 $4,040
2017 $349 $3,860 $770 $3,090
2016 $336 $4,200 $840 $3,360
2015 $312 $3,480 $690 $2,790
Source: Public Records

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