NOT LISTED FOR SALE

7601 S 3rd Ave Phoenix, AZ 85041

South Mountain Neighborhood

Estimated Value: $228,000 - $327,000

3 Beds
2 Baths
1,064 Sq Ft
$279/Sq Ft Est. Value

Last Sold May 12, 2014

Last sale price $85,000 $80 Per Sq Ft

Est. 250% increase in value since last sale

Current estimated payment $1,639/month

240 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • 1-Story Property
  • Phoenix Coding Academy Rated A
  • Grass Covered Lot

About This Home

As of May 2014

SHORT SALE WAS PRE-APPROVED AT PURCHASE PRICE. PERFECT HOUSE FOR AN INVESTOR. HOUSE NEEDS SOME REPAIRS, BUT IN GENERAL IT IS IN GOOD CONDITIONS.

Last Agent to Sell the Property

Itzel Zimmer

HomeSmart License #SA632403000 Listed on: 04/15/2013

HomeSmart

Last Buyer's Agent

Daniel Burboa

HomeSmart License #SA646076000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $644

Year Built

  • Built in 1982

Lot Details

  • 6,355 Sq Ft Lot
  • Block Wall Fence
  • Corner Lot
  • Grass Covered Lot

Parking

  • 1 Open Parking Space

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,064 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Roosevelt Elementary School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Key West Estates Subdivision, Nice House Floorplan

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 8
  • Assessor Parcel Number 300-40-029

Home Details

Home Type

Single Family

Est. Annual Taxes

$644

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: BASELINE AND CENTRAL
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Land Lease Paid Frequency: Annually
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1982
  • Tax Year: 2012
  • Master Model: NICE HOUSE
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.15
  • Subdivision Name: KEY WEST ESTATES
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 79.88
  • Technology:Cable TV Avail: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: 3/4 Bath Master Bdrm
  • Living Area: 1064.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Other Rooms:Great Room: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Corner Lot, Grass Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Home Warranty: Yes
  • Construction Type: Brick Veneer, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Open Parking Spaces: 1.0

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • 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
  • Association Fees:PAD Paid (Freq)2: Annually

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Roosevelt Elementary School
  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Land Lease Amount Frequency: Annually
  • Land Lease: No
  • Lot Size Sq Ft: 6355.0
  • Parcel #: 300-40-029
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UNKNOW

Tax Info

  • Tax Annual Amount: 643.56
  • Tax Book Number: 300.00
  • Tax Lot: 8
  • Tax Map Number: 40.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2013
Closed on
May 8, 2014
Sold by
Esquer Judith
Bought by
Verdugo Manuela
Seller's Agent
Itzel Zimmer
HomeSmart
Buyer's Agent
Daniel Burboa
HomeSmart
List Price
$82,000
Sold Price
$85,000
Premium/Discount to List
$3,000
3.66%
Current Estimated Value
$297,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,277
Avg. Annual Appreciation
11.35%
Original Mortgage
$83,460
Outstanding Balance
$64,590
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$232,687

Purchase Details

Closed on
Oct 18, 2006
Sold by
Chee Merwin and Esquer Judith
Bought by
Esquer Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,900
Interest Rate
7.12%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 22, 2004
Sold by
Esquer Judith
Bought by
Chee Merwin and Esquer Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,200
Interest Rate
7.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2004
Sold by
Ramirez Basilio S
Bought by
Esquer Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,200
Interest Rate
7.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 1999
Sold by
Pena Diana T and Ramirez Diana P
Bought by
Ramirez Basilio S

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
11.57%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Verdugo Manuela $85,000 Driggs Title Agency Inc
Esquer Judith -- First American Title Ins Co
Chee Merwin -- Guaranty Title Agency
Esquer Judith $129,000 Stewart Title & Trust Of Pho
Ramirez Basilio S -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Verdugo Manuela $83,460
Previous Owner Esquer Judith $173,900
Previous Owner Esquer Judith $103,200
Previous Owner Ramirez Basilio S $70,000
Closed Esquer Judith $25,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2014 05/12/14 Sold $85,000 +3.7% $80 / Sq Ft
05/01/2014 05/01/14 Price Changed $82,000 0.0% $77 / Sq Ft
12/11/2013 12/11/13 Pending -- -- --
11/07/2013 11/07/13 For Sale $82,000 0.0% $77 / Sq Ft
11/07/2013 11/07/13 Price Changed $82,000 +64.0% $77 / Sq Ft
04/17/2013 04/17/13 Pending -- -- --
04/15/2013 04/15/13 For Sale $50,000 -- $47 / 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 $982 $7,262 -- --
2024 $927 $6,916 -- --
2023 $927 $21,580 $4,310 $17,270
2022 $908 $16,260 $3,250 $13,010
2021 $937 $15,680 $3,130 $12,550
2020 $925 $13,200 $2,640 $10,560
2019 $893 $11,260 $2,250 $9,010
2018 $868 $11,110 $2,220 $8,890
2017 $809 $8,200 $1,640 $6,560
2016 $767 $7,800 $1,560 $6,240
2015 $713 $5,560 $1,110 $4,450
Source: Public Records

Agents Affiliated with this Home

  • Itzel Zimmer

    Seller's Agent in 2014

    Itzel Zimmer

    HomeSmart

    (602) 755-4684

    7 in this area

    147 Total Sales

    Itzel Zimmer
    Section Image

  • D

    Buyer's Agent in 2014

    Daniel Burboa

    HomeSmart

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4921919

Arizona Regional Multiple Listing Service (ARMLS)

APN: 300-40-029

Arizona Maricopa County Phoenix 85041 South Mountain

7601 S 3rd 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

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