NOT LISTED FOR SALE

8503 S 31st Way Phoenix, AZ 85042

South Mountain Neighborhood

Estimated Value: $895,000 - $1,284,000

-- Bed
-- Bath
3,291 Sq Ft
$308/Sq Ft Est. Value

About This Home

This home is located at 8503 S 31st Way, Phoenix, AZ 85042 and is currently estimated at $1,013,776, approximately $308 per square foot. 8503 S 31st Way is a home located in Maricopa County with nearby schools including Kyrene de las Lomas School, Kyrene Centennial Middle School, and Mountain Pointe High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 26, 2012
Sold by
Somers Gary M and Somers Gayle J
Bought by
Somers Gary M and Somers Gayle J
Current Estimated Value
$1,013,776

Purchase Details

Closed on
May 23, 2011
Sold by
Beazer Homes Sales Inc
Bought by
Somers Gary M and Somers Gayle J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,610
Outstanding Balance
$183,583
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$830,193
Source: Public Records

Range of Values:

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.

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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.

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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.

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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.

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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
Somers Gary M -- None Available
Somers Gary M $393,729 Lawyers Title Of Arizona Inc
Beazer Homes Sales Inc -- Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Somers Gary M $275,610
Source: Public Records

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 $5,926 $62,006 -- --
2024 $5,621 $59,054 -- --
2023 $5,621 $69,480 $13,890 $55,590
2022 $5,355 $54,660 $10,930 $43,730
2021 $5,508 $53,830 $10,760 $43,070
2020 $5,366 $50,460 $10,090 $40,370
2019 $5,189 $46,270 $9,250 $37,020
2018 $5,263 $50,270 $10,050 $40,220
2017 $5,017 $54,000 $10,800 $43,200
2016 $5,063 $63,910 $12,780 $51,130
2015 $4,484 $49,420 $9,880 $39,540
Source: Public Records

Map

Arizona Maricopa County Phoenix 85042 South Mountain

8503 S 31st Way, Phoenix, AZ

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