NOT LISTED FOR SALE

7408 W Cypress St Phoenix, AZ 85035

Estimated Value: $282,000 - $325,000

3 Beds
1 Bath
1,040 Sq Ft
$289/Sq Ft Est. Value

Last Sold March 21, 2024

Last sale price $290,000 $279 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,721/month

2 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Central Air
  • Phoenix Coding Academy Rated A
  • Tile Flooring
  • Wood Fence

About This Home

As of March 2024

Come and see this great investment opportunity. This house needs a little bit of work and it can become a perfect home for a first time buyer or a investor looking for their next rental. This house has 3 bedrooms 1 bath, Its in a great location and has lots of potential.

Last Agent to Sell the Property

Francisco Botello

My Home Group Real Estate License #SA526893000 Listed on: 02/14/2024

Co-Listed By

Ryan Ortega

HomeSmart License #SA703757000

Last Buyer's Agent

Ryan Ortega

My Home Group Real Estate License #SA703757000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,729

Year Built

  • Built in 1974

Lot Details

  • 6,355 Sq Ft Lot
  • Wood Fence

Parking

  • 2 Open Parking Spaces

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,040 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Schools

  • Cartwright Elementary School
  • Trevor Browne High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Maryvale Terrace 47 Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 102-39-331

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,729

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Cross Street: 75th Ave and McDowell Rd
  • Legal Info Range: 1E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1974
  • Tax Year: 2023
  • Directions: From 75th Ave and McDowell Rd head north to Encanto Blvd. Head East to 74th Ave, Head south to Cypress, Head West to Property. House is on the North side of the street.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.15
  • Co List Office Mls Id: cril07
  • Co List Office Phone: 623-986-4200
  • Subdivision Name: MARYVALE TERRACE 47
  • Property Attached Yn: No
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen
  • Living Area: 1040.0
  • Stories: 1
  • Kitchen Features:None42: Yes

Exterior Features

  • Fencing: Wood
  • Lot Features: Dirt Front, Dirt Back
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Wood Frame, Painted
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Cartwright School
  • High School: Trevor Browne High School
  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6355.0
  • Parcel #: 102-39-331

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1729.0
  • Tax Book Number: 102.00
  • Tax Lot: 9
  • Tax Map Number: 39.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2024
Closed on
Mar 20, 2024
Sold by
Salado Jose A Lopez and Salado Josefina Carrasco
Bought by
Betancourt Vidal
Seller's Agent
Francisco Botello
My Home Group Real Estate
Buyer's Agent
Ryan Ortega
My Home Group Real Estate
List Price
$280,000
Sold Price
$290,000
Premium/Discount to List
$10,000
3.57%
Views
28
Current Estimated Value
$300,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,534
Avg. Annual Appreciation
2.80%
Original Mortgage
$284,747
Outstanding Balance
$280,568
Interest Rate
6.64%
Mortgage Type
FHA
Estimated Equity
$21,955

Purchase Details

Listed on
Feb 14, 2024
Closed on
Jan 26, 2024
Sold by
Salado Jose A Lopez and Lopez Jose Angel
Bought by
Lopez Jose A and Lechuga Josefina Carrasco
Seller's Agent
Francisco Botello
My Home Group Real Estate
Buyer's Agent
Ryan Ortega
My Home Group Real Estate
List Price
$280,000
Sold Price
$290,000
Premium/Discount to List
$10,000
3.57%
Views
28

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,747
Outstanding Balance
$280,568
Interest Rate
6.64%
Mortgage Type
FHA
Estimated Equity
$21,955

Purchase Details

Closed on
Apr 10, 2021
Sold by
Salado Jose A Lopez and Salado Jose Angel
Bought by
Lopez Jennifer

Purchase Details

Listed on
Apr 3, 2016
Closed on
Apr 29, 2016
Sold by
Lopez Salado Jose A
Bought by
Lopez Salado Jose A and Lopez Jose Angel
Seller's Agent
Scott Garland
ProSmart Realty
Buyer's Agent
Ivan Mendoza
HomeSmart
List Price
$85,000
Sold Price
$85,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.35%
Original Mortgage
$70,000
Interest Rate
3.64%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 3, 2016
Closed on
Apr 12, 2016
Sold by
Gillespie Gary
Bought by
Salado Jose Angel Lopez
Seller's Agent
Scott Garland
ProSmart Realty
Buyer's Agent
Ivan Mendoza
HomeSmart
List Price
$85,000
Sold Price
$85,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
3.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 1, 2008
Sold by
Deutsche Bank Trust Company Americas
Bought by
Gillespie Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,900
Interest Rate
6.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2008
Sold by
Noriega Ramon Angel
Bought by
Deutsche Bank Trust Co Americas and Ixis 2007-He1

Purchase Details

Closed on
Aug 10, 2006
Sold by
Lopez Miguel A and Lopez Dianna
Bought by
Noriega Ramon Angel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,600
Interest Rate
6.51%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 8, 2002
Sold by
Garcia Israel G and Garcia Teresa Garcia
Bought by
Lopez Miguel A and Lopez Dianna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,263
Interest Rate
6.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 1999
Sold by
Harris Danny L and Harris Dorothy A
Bought by
Garcia Israel G and Garcia Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,652
Interest Rate
6.73%
Mortgage Type
FHA
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
Betancourt Vidal $290,000 First Integrity Title Agency O
Salado Jose A Lopez -- First Integrity Title Agency O
Lopez Jose A -- None Listed On Document
Lopez Jennifer -- None Available
Lopez Salado Jose A -- None Available
Salado Jose Angel Lopez $85,000 Empire West Title Agency
Gillespie Gary $39,900 Guaranty Title Agency
Deutsche Bank Trust Co Americas $76,500 None Available
Noriega Ramon Angel $178,000 Magnus Title Agency
Noriega Ramon Angel $178,000 Magnus Title Agency
Lopez Miguel A $89,900 Lawyers Title Of Arizona Inc
Garcia Israel G $54,000 Nations Title
Harris Harold P -- Nations Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Betancourt Vidal $284,747
Previous Owner Salado Jose Angel Lopez $70,000
Previous Owner Gillespie Gary $31,900
Previous Owner Noriega Ramon Angel $142,400
Previous Owner Lopez Miguel A $85,263
Previous Owner Garcia Israel G $53,652
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2024 03/21/24 Sold $290,000 0.0% $279 / Sq Ft
02/17/2024 02/17/24 Pending -- -- --
02/16/2024 02/16/24 Off Market $290,000 -- --
02/14/2024 02/14/24 For Sale $280,000 +229.4% $269 / Sq Ft
04/15/2016 04/15/16 Sold $85,000 0.0% $101 / Sq Ft
04/04/2016 04/04/16 Pending -- -- --
04/03/2016 04/03/16 For Sale $85,000 -- $101 / 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 $1,541 $9,938 -- --
2024 $1,729 $9,465 -- --
2023 $1,729 $19,980 $3,990 $15,990
2022 $1,631 $15,020 $3,000 $12,020
2021 $1,651 $13,270 $2,650 $10,620
2020 $1,565 $12,000 $2,400 $9,600
2019 $1,497 $10,300 $2,060 $8,240
2018 $654 $8,360 $1,670 $6,690
2017 $633 $6,500 $1,300 $5,200
2016 $605 $5,470 $1,090 $4,380
2015 $565 $4,730 $940 $3,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6663850

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-39-331