NOT LISTED FOR SALE

731 E Union Hills Dr Phoenix, AZ 85024

North Central Phoenix Neighborhood

Estimated Value: $17,559,622

-- Bed
-- Bath
4,800 Sq Ft
$3,658/Sq Ft Est. Value

About This Home

This home is located at 731 E Union Hills Dr, Phoenix, AZ 85024 and is currently estimated at $17,559,622, approximately $3,658 per square foot. 731 E Union Hills Dr is a home located in Maricopa County with nearby schools including Echo Mountain Primary School, Echo Mountain Intermediate School, and Vista Verde Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2022
Sold by
Covington Plaza Llc
Bought by
West Bloomfield Office Center Llc
Current Estimated Value
$17,559,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,891,956
Outstanding Balance
$6,749,963
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$10,809,659

Purchase Details

Closed on
Sep 29, 2017
Sold by
731 East Union Hills Road Holdings Llc
Bought by
Covington Plaza Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,250,000
Interest Rate
5%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 22, 2009
Sold by
Ec Covington Llc
Bought by
Ec Covington Llc and Grand Street Covington Llc

Purchase Details

Closed on
Jul 1, 1999
Sold by
Usf/Megafoods Plaza Ltd Partnership
Bought by
Cam-2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000,000
Interest Rate
7.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 1994
Sold by
Megafoods Real Estate Inc
Bought by
Usf Megafoods Plaza Ltd Partnership
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

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
West Bloomfield Office Center Llc $17,650,000 --
Covington Plaza Llc $102,000 First American Title Insuran
Covington Plaza Llc $10,200,000 First American Title Insuran
Ec Covington Llc -- Chicago Title
Cam-2 Llc $7,500,000 Lawyers Title Of Arizona Inc
Usf Megafoods Plaza Ltd Partnership $6,500,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open West Bloomfield Office Center Llc $8,891,956
Previous Owner Covington Plaza Llc $8,250,000
Previous Owner Cam-2 Llc $6,000,000
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 $137,238 $1,342,849 -- --
2024 $138,680 $1,317,074 -- --
2023 $138,680 $1,802,000 $440,355 $1,361,645
2022 $141,363 $1,716,156 $434,798 $1,281,358
2021 $145,116 $1,772,305 $446,708 $1,325,597
2020 $140,627 $1,299,943 $488,460 $811,483
2019 $140,812 $1,167,294 $378,640 $788,654
2018 $136,192 $1,068,270 $302,148 $766,122
2017 $136,540 $1,064,102 $290,533 $773,569
2016 $139,365 $1,105,957 $296,532 $809,425
2015 $132,766 $1,028,553 $326,587 $701,966
Source: Public Records

Map

Arizona Maricopa County Phoenix 85022 North Central Phoenix

731 E Union Hills Dr, Phoenix, AZ

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