NOT LISTED FOR SALE

725 E Michigan Ave Phoenix, AZ 85022

North Central Phoenix Neighborhood

Estimated Value: $340,000 - $405,000

2 Beds
2 Baths
1,419 Sq Ft
$260/Sq Ft Est. Value

About This Home

This home is located at 725 E Michigan Ave, Phoenix, AZ 85022 and is currently estimated at $368,981, approximately $260 per square foot. 725 E Michigan Ave is a home located in Maricopa County with nearby schools including Echo Mountain Primary School, Echo Mountain Intermediate School, and Greenway Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2018
Sold by
Laute Gail A
Bought by
Laute Gail A
Current Estimated Value
$379,075

Purchase Details

Closed on
May 9, 2003
Sold by
Penkava Scott L and Penkava Heather L
Bought by
Laute Gail A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,500
Outstanding Balance
$49,474
Interest Rate
5.71%
Mortgage Type
New Conventional
Estimated Equity
$319,507

Purchase Details

Closed on
Apr 11, 2000
Sold by
Kaufman & Broad Home Sales Of Az Inc
Bought by
Penkava Scott L and Penkava Heather L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,514
Interest Rate
8.22%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Laute Gail A -- None Available
Laute Gail A $147,500 Security Title Agency
Penkava Scott L $127,558 First American Title
Kaufman & Broad Home Sales Of Az Inc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laute Gail A $114,500
Previous Owner Penkava Scott L $126,514
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 $1,305 $15,070 -- --
2024 $1,242 $14,352 -- --
2023 $1,242 $29,060 $5,810 $23,250
2022 $1,231 $22,630 $4,520 $18,110
2021 $1,251 $20,800 $4,160 $16,640
2020 $1,208 $19,270 $3,850 $15,420
2019 $1,214 $17,850 $3,570 $14,280
2018 $1,170 $14,870 $2,970 $11,900
2017 $1,117 $13,550 $2,710 $10,840
2016 $1,099 $13,860 $2,770 $11,090
2015 $1,020 $13,850 $2,770 $11,080
Source: Public Records

Map

Arizona Maricopa County Phoenix 85022 North Central Phoenix

725 E Michigan Ave, Phoenix, AZ

Not Listed for Sale

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