$57,000
SOLD OCT 23, 2012

8040 N 29th Ave Phoenix, AZ 85051

North Mountain Village Neighborhood
4 Beds
2 Baths
1,400 Sq Ft
6,294 Sq Ft Lot

Recently Sold

$41 Per Sq Ft

4% Above List Price

2 Days on Market

Highlights

  • No HOA
  • Heating Available
  • 1-Story Property
  • Eat-In Kitchen

About This Home

As of March 2013

CASH OFFERS ONLY. Not bank owned, not a short sale. Centrally located 4 bedroom two bath house in need of some TLC. No SPDS, no CLUE Report. Buyer is responsible for turning on utilites during inspection period. Huge upside potential, ready for immediate close and best offer gets it!

*Buyer to verify any and all pertinent information* Selling agent is member of selling LLC.

Last Agent to Sell the Property

Stacey Warren

Home Brokers Realty, Inc. License #SA117331000 Listed on: 10/06/2012

Co-Listed By

Rich Palladino

Gary Call Real Estate License #SA111890000

Last Buyer's Agent

Brenda Harrison

HomeSmart License #SA564336000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $423

Year Built

  • Built in 1953

Lot Details

  • 6,294 Sq Ft Lot
  • Block Wall Fence

Parking

  • 3 Open Parking Spaces

Home Design

  • Fixer Upper
  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Washington Elementary School - Phoenix
  • Cortez High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Listing and Financial Details

  • Tax Lot 57
  • Assessor Parcel Number 150-07-057

Community Details

Overview

  • No Home Owners Association
  • Alta Vista 2 Subdivision

Amenities

  • No Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$423

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Cross Street: Northern & 27th Ave.
  • Legal Info Range: 2E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Year Built: 1953
  • Tax Year: 2012
  • Directions: West past 27th Ave on Northern, turn North on 29th Ave. Property on right side.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.14
  • Co List Office Mls Id: home01
  • Co List Office Phone: 480-940-8222
  • Subdivision Name: Alta Vista 2
  • New Construction: No
  • ResoBuildingAreaSource: Owner
  • Special Features: None

Interior Features

  • Basement: None
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen
  • Living Area: 1400.0
  • Stories: 1
  • ResoLivingAreaSource: Owner
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:None42: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Dirt Back, Gravel/Stone Front
  • Pool Features: None
  • Disclosures: None
  • Construction Type: Stucco, Block
  • Property Condition: Fixer
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 3.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: None
  • Water Source: City Water
  • Heating:Electric: 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 Fee Incl:No Fees: Yes

Schools

  • Elementary School: Washington Elementary School - Phoenix
  • High School: Cortez High School
  • Middle Or Junior School: Washington Elementary School - Phoenix

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6294.0
  • Parcel #: 150-07-057
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 423.26
  • Tax Book Number: 150.00
  • Tax Lot: 57
  • Tax Map Number: 7.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2012
Closed on
Apr 9, 2013
Sold by
Nai Nai
Bought by
Twin Ma
Seller's Agent
Brenda Harrison
HomeSmart
Buyer's Agent
Tram Chu
West USA Realty
List Price
$85,000
Sold Price
$90,000
Premium/Discount to List
$5,000
5.88%
Current Estimated Value
$287,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,026
Avg. Annual Appreciation
10.67%
Original Mortgage
$88,369
Outstanding Balance
$62,829
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$257,673

Purchase Details

Listed on
Oct 6, 2012
Closed on
Oct 15, 2012
Sold by
Nguyen Toan
Bought by
Nguyen Thanhthuy
Seller's Agent
Stacey Warren
Home Brokers Realty, Inc.
Buyer's Agent
Brenda Harrison
HomeSmart
List Price
$54,900
Sold Price
$57,000
Premium/Discount to List
$2,100
3.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
243.66%

Purchase Details

Listed on
Oct 6, 2012
Closed on
Sep 28, 2012
Sold by
U S Bank National Association
Bought by
Warren Holdings I Llc
Seller's Agent
Stacey Warren
Home Brokers Realty, Inc.
Buyer's Agent
Brenda Harrison
HomeSmart
List Price
$54,900
Sold Price
$57,000
Premium/Discount to List
$2,100
3.83%

Purchase Details

Closed on
Aug 20, 2012
Sold by
Reynoza Jose L Hernandez
Bought by
U S Bank National Association

Purchase Details

Closed on
Nov 13, 1998
Sold by
Rus Romulus and Rus Dorina
Bought by
Hernandez Jose Luis and Hernandez Jose L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,397
Interest Rate
6.91%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 23, 1996
Sold by
Jongsma Richard W and Jongsma Melissa A
Bought by
Avram Ioan J and Avram Adina Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,400
Interest Rate
7.18%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Interfamily Deed Transfer -- Security Title Agency
Warranty Deed $90,000 Security Title Agency
Interfamily Deed Transfer -- Security Title Agency
Cash Sale Deed $57,000 Security Title Agency
Cash Sale Deed $40,139 Premium Title Agency Inc
Trustee Deed $47,000 None Available
Warranty Deed $80,000 Security Title Agency
Joint Tenancy Deed -- Security Title Agency
Joint Tenancy Deed $52,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $88,369 FHA
Previous Owner $127,500 Unknown
Previous Owner $79,397 FHA
Previous Owner $49,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2013 03/06/13 Sold $90,000 +3.4% $74 / Sq Ft
12/23/2012 12/23/12 Price Changed $87,000 +2.4% $71 / Sq Ft
12/15/2012 12/15/12 For Sale $85,000 +49.1% $70 / Sq Ft
10/23/2012 10/23/12 Sold $57,000 +3.8% $41 / Sq Ft
10/08/2012 10/08/12 Pending -- -- --
10/06/2012 10/06/12 For Sale $54,900 -- $39 / 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 $514 $4,798 -- --
2024 $504 $4,569 -- --
2023 $504 $20,030 $4,000 $16,030
2022 $486 $15,060 $3,010 $12,050
2021 $499 $13,280 $2,650 $10,630
2020 $485 $12,460 $2,490 $9,970
2019 $476 $10,210 $2,040 $8,170
2018 $463 $9,370 $1,870 $7,500
2017 $462 $7,680 $1,530 $6,150
2016 $453 $7,310 $1,460 $5,850
2015 $420 $5,730 $1,140 $4,590
Source: Public Records

Agents Affiliated with this Home

  • Tram Chu

    Buyer's Agent in 2013

    Tram Chu

    West USA Realty

    (602) 326-2751

    2 in this area

    51 Total Sales

    Tram Chu
    Section Image

  • S

    Seller's Agent in 2012

    Stacey Warren

    Home Brokers Realty, Inc.

    Section Image
  • Rich Palladino

    Seller Co-Listing Agent in 2012

    Rich Palladino

    Gary Call Real Estate

    (480) 940-8222

    13 Total Sales

    Rich Palladino
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4830543

Arizona Regional Multiple Listing Service (ARMLS)

APN: 150-07-057

Arizona Maricopa County Phoenix 85051 North Mountain Village

8040 N 29th Ave, Phoenix, AZ

This home is located at 8040 N 29th Ave, Phoenix, AZ 85051 and is currently priced at $57,000, approximately $40 per square foot. This property was built in 1953. 8040 N 29th Ave is a home located in Maricopa County with nearby schools including Washington Elementary School, Palo Verde Middle School, and Cortez High School.

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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