NOT LISTED FOR SALE

741 E Southern Ave Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $362,075 - $451,000

3 Beds
2 Baths
1,563 Sq Ft
$259/Sq Ft Est. Value

Last Sold January 09, 2020

Last sale price $280,000 $179 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,178/month

94 Days on Market

Highlights

  • Horses Allowed On Property
  • RV Gated
  • Mountain View
  • Phoenix Coding Academy Rated A
  • 1.01 Acre Lot
  • Wood Flooring

About This Home

As of January 2020

Don't miss out on this great opportunity to own an amazing property in the heart of South Phoenix! This property is zoned R-3 for a multitude of residential opportunities. Rehab the quaint 1920's red-brick cottage with original wood floors. The home is nestled in just over an acre of irrigated land with horse privileges. Build up to 6 single family homes or construct up to 15 multi-family attached units. Frontage exists on Southern Ave as well as Old Southern Ave for multiple ingress and egress points. Whether you are looking for a rehab project, a place to build the house of your dreams, or a development opportunity this property will not disappoint!

Last Agent to Sell the Property

Javier Espinoza

ECD Realty License #BR633716000 Listed on: 09/11/2019

Last Buyer's Agent

Raul Henriquez

eXp Realty License #SA662296000

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $872

Year Built

  • Built in 1921

Lot Details

  • 1.01 Acre Lot
  • Chain Link Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

Parking

  • 2 Car Garage
  • 1 Carport Space
  • Side or Rear Entrance to Parking
  • Circular Driveway
  • RV Gated

Home Design

  • Fixer Upper
  • Brick Exterior Construction
  • Wood Frame Construction
  • Reflective Roof
  • Metal Roof

Interior Spaces

  • 1,563 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Mechanical Sun Shade
  • Solar Screens
  • Mountain Views

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • John F Kennedy Elementary School
  • C O Greenfield Middle School
  • South Mountain High School

Utilities

  • Evaporated cooling system
  • Floor Furnace
  • Wall Furnace

Additional Features

  • Built-In Barbecue
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Roosevelt Park 8 13 Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 114-26-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$872

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Cross Street: 7th St and Southern Ave
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1921
  • Tax Year: 2018
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 1.01
  • Subdivision Name: ROOSEVELT PARK 8-13
  • Architectural Style: Ranch
  • New Construction: No
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 179.14
  • Cooling:Ceiling Fan(s): Yes
  • Construction Brick: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Possible Use: Other
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Living Area: 1563.0
  • Stories: 1
  • Window Features: Solar Screens, Mechanical Sun Shds
  • Kitchen Features:RangeOven Gas: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Chain Link
  • Exterior Features: Built-in Barbecue
  • Lot Features: Grass Front, Grass Back, Irrigation Front, Irrigation Back
  • Pool Features: None
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Other, Wood Frame, Brick
  • Property Condition: Fixer
  • Roof: Reflective Coating, Metal
  • Construction:Frame - Wood: Yes
  • Exterior Features:Built-in BBQ: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: RV Gate, Circular Driveway, Rear Vehicle Entry, Side Vehicle Entry
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Garage Spaces: 2.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Rear Vehicle Entry: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Circular Drive: Yes

Utilities

  • Cooling: Ceiling Fan(s), Evaporative Cooling
  • Heating: Floor Furnace, Wall Furnace
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:WallFloor Heat: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: John F Kennedy Elementary School
  • High School: South Mountain High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: C O Greenfield School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 43867.0
  • Parcel #: 114-26-004

Building Info

  • Builder Name: Unkown

Tax Info

  • Tax Annual Amount: 872.0
  • Tax Book Number: 114.00
  • Tax Lot: 3
  • Tax Map Number: 26.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2019
Closed on
Jan 7, 2020
Sold by
Horst Pamella G and Yeary Paula J
Bought by
Cruz Margarita Jilmenez De La and Ruiz Javier Rodriguez
Seller's Agent
Javier Espinoza
ECD Realty
Buyer's Agent
Raul Henriquez
eXp Realty
List Price
$299,000
Sold Price
$280,000
Premium/Discount to List
-$19,000
-6.35%
Current Estimated Value
$404,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,269
Avg. Annual Appreciation
6.26%
Original Mortgage
$250,000
Outstanding Balance
$220,885
Interest Rate
3.6%
Mortgage Type
Unknown
Estimated Equity
$183,384

Purchase Details

Closed on
Feb 27, 2002
Sold by
Horst George M and Horst Jean P
Bought by
Horst George M and Horst Jean P
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cruz Margarita Jilmenez De La $280,000 Security Title Agency
Horst George M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cruz Margarita Jilmenez De La $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2020 01/09/20 Sold $280,000 -6.4% $179 / Sq Ft
12/30/2019 12/30/19 Price Changed $299,000 0.0% $191 / Sq Ft
12/14/2019 12/14/19 Pending -- -- --
12/12/2019 12/12/19 Pending -- -- --
12/03/2019 12/03/19 For Sale $299,000 0.0% $191 / Sq Ft
12/03/2019 12/03/19 Price Changed $299,000 0.0% $191 / Sq Ft
10/25/2019 10/25/19 Pending -- -- --
10/16/2019 10/16/19 Price Changed $299,000 -6.6% $191 / Sq Ft
10/11/2019 10/11/19 For Sale $320,000 0.0% $205 / Sq Ft
10/02/2019 10/02/19 Pending -- -- --
09/11/2019 09/11/19 For Sale $320,000 -- $205 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $927 $6,858 -- --
2024 $876 $6,532 -- --
2023 $876 $25,220 $3,750 $21,470
2022 $858 $18,530 $2,750 $15,780
2021 $885 $15,340 $2,280 $13,060
2020 $873 $14,330 $2,130 $12,200
2019 $844 $12,770 $1,900 $10,870
2018 $820 $11,470 $1,700 $9,770
2017 $764 $8,550 $1,270 $7,280
2016 $725 $7,880 $1,170 $6,710
2015 $673 $6,840 $1,010 $5,830
Source: Public Records

Agents Affiliated with this Home

  • Javier Espinoza

    Seller's Agent in 2020

    Javier Espinoza

    ECD Realty

    (602) 380-6074

    4 in this area

    21 Total Sales

    Javier Espinoza
    Section Image
  • Raul Henriquez

    Buyer's Agent in 2020

    Raul Henriquez

    eXp Realty

    (602) 614-5973

    2 in this area

    94 Total Sales

    Raul Henriquez
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5977137

Arizona Regional Multiple Listing Service (ARMLS)

APN: 114-26-004

Arizona Maricopa County Phoenix 85040 South Mountain

741 E Southern Ave, Phoenix, AZ

Not Listed for Sale

Detached

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.

Arizona Regional Multiple Listing Service (ARMLS) 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

Nearby Homes