7407 S 2nd Ln Phoenix, AZ 85041
South Mountain NeighborhoodEstimated Value: $352,000 - $381,000
3
Beds
2.5
Baths
1,477
Sq Ft
$250/Sq Ft
Est. Value
Highlights
- RV Gated
- Gated Parking
- Property is near public transit
- Phoenix Coding Academy Rated A
- Contemporary Architecture
- Covered patio or porch
About This Home
As of February 2022Perfect starter home! Very centrally located. Close to South Mountain trails, downtown Phoenix and plenty of shopping. This home has 3 bed 2.5 bath with 2 car garage, large RV gate and plenty of parking space. Large kitchen with a HUGE island. Lower level consists of living area, kitchen and a half bath. Upstairs consists of bedrooms and 2 full baths. Large size private backyard. Showings will begin 1/15.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,225
Year Built
- Built in 2007
Lot Details
- 5,019 Sq Ft Lot
- Block Wall Fence
HOA Fees
- $63 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- 5 Open Parking Spaces
- Tandem Parking
- Garage Door Opener
- Gated Parking
- RV Gated
Home Design
- Contemporary Architecture
- Fixer Upper
- Wood Frame Construction
- Tile Roof
- Block Exterior
- Stucco
Interior Spaces
- 1,477 Sq Ft Home
- 2-Story Property
- Security System Owned
- Washer and Dryer Hookup
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Kitchen Island
- Laminate Countertops
Flooring
- Carpet
- Linoleum
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bathroom is a Full Bathroom
- 2.5 Bathrooms
Outdoor Features
- Covered patio or porch
Location
- Property is near public transit
- Property is near a bus stop
Schools
- V H Lassen Elementary School
- Cesar Chavez High School
Utilities
- Central Air
- Heating Available
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Tax Lot 18
- Assessor Parcel Number 114-14-077
Community Details
Overview
- Association fees include ground maintenance
- Villas Montanas Association, Phone Number (480) 759-4945
- Villas Montanas Amd Subdivision
Recreation
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 13, 2022
Closed on
Feb 14, 2022
Sold by
Garcia Luis R
Bought by
Sanchez Michael and Sanchez Elsa S
Seller's Agent
Neila Garcia
West USA Realty
List Price
$349,900
Sold Price
$361,000
Premium/Discount to List
$11,100
3.17%
Total Days on Market
18
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,386
Avg. Annual Appreciation
0.54%
Original Mortgage
$352,497
Outstanding Balance
$330,415
Interest Rate
3.55%
Mortgage Type
FHA
Estimated Equity
$36,935
Purchase Details
Listed on
Aug 19, 2015
Closed on
Oct 2, 2015
Sold by
Valverde Briyith Perez and Garcia Luis R
Bought by
Garcia Luis R
Seller's Agent
Cara Arnott
Century 21 Northwest
Buyer's Agent
Neila Garcia
West USA Realty
List Price
$130,000
Sold Price
$132,445
Premium/Discount to List
$2,445
1.88%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.02%
Original Mortgage
$130,045
Interest Rate
4.5%
Mortgage Type
FHA
Purchase Details
Listed on
Aug 19, 2015
Closed on
Sep 22, 2015
Sold by
Franco Stefanie N and Macias Matthew V
Bought by
Garcia Luis R
Seller's Agent
Cara Arnott
Century 21 Northwest
Buyer's Agent
Neila Garcia
West USA Realty
List Price
$130,000
Sold Price
$132,445
Premium/Discount to List
$2,445
1.88%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,045
Interest Rate
4.5%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 15, 2007
Sold by
Cdg Mhsw Llc
Bought by
Franco Stefanie N and Macias Matthew
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
6.27%
Mortgage Type
New Conventional
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Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sanchez Michael | $361,000 | Security Title | |
| Garcia Luis R | -- | Magnus Title Agency Llc | |
| Garcia Luis R | $132,445 | Magnus Title Agency Llc | |
| Franco Stefanie N | $186,000 | Lawyers Title Insurance Corp |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sanchez Michael | $352,497 | |
| Previous Owner | Garcia Luis R | $125,000 | |
| Previous Owner | Garcia Luis R | $130,045 | |
| Previous Owner | Franco Stefanie N | $186,000 | |
| Closed | Sanchez Michael | $12,565 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/18/2022 02/18/22 | Sold | $361,000 | +0.8% | $244 / Sq Ft |
| 01/19/2022 01/19/22 | Price Changed | $358,000 | +2.3% | $242 / Sq Ft |
| 01/03/2022 01/03/22 | For Sale | $349,900 | +164.2% | $237 / Sq Ft |
| 10/05/2015 10/05/15 | Sold | $132,445 | +1.9% | $90 / Sq Ft |
| 08/26/2015 08/26/15 | Pending | -- | -- | -- |
| 08/18/2015 08/18/15 | For Sale | $130,000 | -- | $88 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,251 | $9,501 | -- | -- |
| 2024 | $1,213 | $9,048 | -- | -- |
| 2023 | $1,213 | $25,450 | $5,090 | $20,360 |
| 2022 | $1,188 | $18,800 | $3,760 | $15,040 |
| 2021 | $1,225 | $15,700 | $3,140 | $12,560 |
| 2020 | $1,210 | $14,660 | $2,930 | $11,730 |
| 2019 | $1,169 | $13,880 | $2,770 | $11,110 |
| 2018 | $1,135 | $11,920 | $2,380 | $9,540 |
| 2017 | $1,058 | $11,520 | $2,300 | $9,220 |
| 2016 | $1,004 | $10,260 | $2,050 | $8,210 |
| 2015 | $933 | $8,070 | $1,610 | $6,460 |
Source: Public Records
Agents Affiliated with this Home
-
Neila Garcia
Seller's Agent in 2022
Neila Garcia
West USA Realty
(602) 487-8663
24 in this area
126 Total Sales
-
Cara Arnott
Seller's Agent in 2015
Cara Arnott
Century 21 Northwest
(480) 438-8584
3 in this area
22 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6337165
APN: 114-14-077
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.
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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