NOT LISTED FOR SALE

Estimated Value: $413,000 - $486,000

3 Beds
2 Baths
1,092 Sq Ft
$409/Sq Ft Est. Value

Last Sold April 26, 2016

Last sale price $194,300 $178 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $2,484/month

6 Days on Market

Highlights

  • The property is located in a historic district
  • City Lights View
  • Eat-In Kitchen
  • Phoenix Coding Academy Rated A
  • No HOA
  • Double Pane Windows

About This Home

As of April 2016

A phenomenal location, terrific architecture, and quality upkeep makes this 1923 bungalow in the heart of Downtown and the Garfield Historic District a beautiful and attainable home. The 896 square foot main house features a great living room, large kitchen, two bedrooms, bath, and bonus room and the separate 14x14 studio/guest quarters features it's own bath. Zoning allows rental of the guest quarters and/or studio as the Arts Overlay covers the property too. A new roof, landscaping, paint, plumbing, flooring, and dual pane windows makes it low maintenance so your clients can while away the hours with some of the best Downtown views or walk around the corner to Mother Bunch (local eatery) or Cross Fit or only three blocks to fun along Roosevelt Row. Downtown living at it's best!

Last Agent to Sell the Property

Sherry Rampy

Brokers Hub Realty, LLC License #BR102894000 Listed on: 03/08/2016

Last Buyer's Agent

Linda Boatwright

SERHANT. License #SA025067000

SERHANT.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $486

Year Built

  • Built in 1923

Lot Details

  • 4,000 Sq Ft Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,092 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Living Room with Fireplace
  • City Lights Views
  • Eat-In Kitchen

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Asu Preparatory Academy - Polytechnic Elementary School
  • Asu Preparatory Academy - Phoenix Middle School
  • Asu Preparatory Academy - Phoenix High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Patio
  • The property is located in a historic district

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Historic
  • Victoria Place Subdivision, Bungalow Floorplan

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 116-32-166

Home Details

Home Type

Single Family

Est. Annual Taxes

$486

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Cross Street: Roosevelt and 7th Streets
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2012
  • Updated Plumbing: Full
  • Items Updated Plmbg Yr Updated: 2012
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2012
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1923
  • Tax Year: 2015
  • Master Model: Bungalow
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.09
  • Subdivision Name: Victoria Place
  • Architectural Style: Other (See Remarks)
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Appraiser
  • General Property Description:PriceSqFt: 177.93
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Construction Brick: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: Other (See Remarks), 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, High Speed Internet
  • Living Area: 1092.0
  • Stories: 1
  • Window Features: Dual Pane
  • ResoLivingAreaSource: Appraiser
  • Kitchen Features:Gas Stub for Range: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Fireplace:Other (See Remarks)14: Yes
  • Community Features:Historic District: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Patio
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Pool Private: No
  • View: City Lights
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Brick
  • Roof: Composition
  • Exterior Features:Patio: Yes

Utilities

  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Historic District
  • Amenities: None
  • 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: ASU Preparatory Academy - Polytechnic Elementary
  • High School: ASU Preparatory Academy - Phoenix High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: ASU Preparatory Academy - Phoenix Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4000.0
  • Parcel #: 116-32-166
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Historic

Tax Info

  • Tax Annual Amount: 486.0
  • Tax Book Number: 116.00
  • Tax Lot: 13
  • Tax Map Number: 32.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2016
Closed on
Apr 6, 2016
Sold by
Salac Ashforth Deborah and Ashforth Blake
Bought by
Hanzel Molly A
Seller's Agent
Sherry Rampy
Brokers Hub Realty, LLC
Buyer's Agent
Linda Boatwright
SERHANT.
List Price
$200,000
Sold Price
$194,300
Premium/Discount to List
-$5,700
-2.85%
Current Estimated Value
$446,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,902
Avg. Annual Appreciation
8.97%
Original Mortgage
$184,585
Outstanding Balance
$146,642
Interest Rate
3.68%
Mortgage Type
New Conventional
Estimated Equity
$299,560

Purchase Details

Closed on
Dec 1, 2011
Sold by
Rize Real Estate Group Llc
Bought by
Salac Ashforth Deborah and Ashforth Blake

Purchase Details

Closed on
Nov 9, 2011
Sold by
Bracamontes Guadalupe M
Bought by
Rize Real Estate Group

Purchase Details

Closed on
Aug 16, 2000
Sold by
Jimenez Merced
Bought by
Meza Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,921
Interest Rate
8.16%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Hanzel Molly A $194,300 Chicago Title Agency Inc
Salac Ashforth Deborah $46,000 Equity Title Agency Inc
Rize Real Estate Group $43,100 None Available
Meza Guadalupe $51,000 Century Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanzel Molly A $184,585
Previous Owner Meza Guadalupe $50,921
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2016 04/26/16 Sold $194,300 -2.9% $178 / Sq Ft
03/14/2016 03/14/16 Pending -- -- --
03/08/2016 03/08/16 For Sale $200,000 -- $183 / 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 $1,756 $12,360 -- --
2024 $1,451 $11,771 -- --
2023 $1,451 $30,130 $6,020 $24,110
2022 $1,396 $23,680 $4,730 $18,950
2021 $1,397 $20,670 $4,130 $16,540
2020 $1,417 $19,060 $3,810 $15,250
2019 $1,417 $12,810 $2,560 $10,250
2018 $569 $11,000 $2,200 $8,800
2017 $549 $8,810 $1,760 $7,050
2016 $533 $7,680 $1,530 $6,150
2015 $486 $5,870 $1,170 $4,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5410725

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-32-166