NOT LISTED FOR SALE

8623 W Alvarado Rd Unit 2 Phoenix, AZ 85037

Estimated Value: $352,033 - $377,000

3 Beds
2 Baths
1,455 Sq Ft
$254/Sq Ft Est. Value

Last Sold March 08, 2017

Last sale price $176,500 $121 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $2,054/month

6 Days on Market

Highlights

  • Vaulted Ceiling
  • Covered patio or porch
  • Double Pane Windows
  • No HOA
  • Cul-De-Sac
  • Walk-In Closet

About This Home

As of March 2017

Fresh repainted home inside and out. New carpet in all rooms. Great location, conveniently located near gateway pavilion shopping and entertainment district.

Last Agent to Sell the Property

Efrain Lozada

My Home Group Real Estate License #SA659226000 Listed on: 01/24/2017

My Home Group Real Estate

Last Buyer's Agent

Cinthya Villalobos

HomeSmart License #SA572801000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $773

Year Built

  • Built in 1995

Lot Details

  • 6,625 Sq Ft Lot
  • Cul-De-Sac
  • Block Wall Fence

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,455 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Schools

  • Desert Oasis Elementary School - Tolleson
  • Tolleson Union High School

Utilities

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

Additional Features

  • No Interior Steps
  • Covered patio or porch

Community Details

  • No Home Owners Association
  • Palm Ridge Unit Two Subdivision

Listing and Financial Details

  • Tax Lot 76
  • Assessor Parcel Number 102-87-577

Home Details

Home Type

Single Family

Est. Annual Taxes

$773

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Cross Street: MCDOWELL AND 86TH DR
  • Legal Info Range: 1E
  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1995
  • Tax Year: 2016
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.15
  • Subdivision Name: PALM RIDGE UNIT TWO
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Walk-In Closet(s), No Interior Steps, Vaulted Ceiling(s), Full Bth Master Bdrm, High Speed Internet
  • Living Area: 1455.0
  • Stories: 1
  • Window Features: Double Pane Windows
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Other Rooms:Great Room: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s)
  • Lot Features: Cul-De-Sac, Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Inside, Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: Not Managed
  • 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

Schools

  • Elementary School: Desert Oasis Elementary School - Tolleson
  • High School: Tolleson Union High School
  • Middle Or Junior School: Desert Oasis Elementary School - Tolleson

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6625.0
  • Parcel #: 102-87-577
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: unk

Tax Info

  • Tax Annual Amount: 773.0
  • Tax Book Number: 102.00
  • Tax Lot: 76
  • Tax Map Number: 87.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2017
Closed on
Feb 24, 2017
Sold by
Romero Adrian
Bought by
Ceja Aurelia Urenda
Seller's Agent
Efrain Lozada
My Home Group Real Estate
Buyer's Agent
Cinthya Villalobos
HomeSmart
List Price
$174,900
Sold Price
$176,500
Premium/Discount to List
$1,600
0.91%
Total Days on Market
6
Current Estimated Value
$369,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,258
Avg. Annual Appreciation
9.39%
Original Mortgage
$170,848
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
May 25, 2016
Closed on
Jun 28, 2016
Sold by
State Of Arizona
Bought by
Romero Adrian
Seller's Agent
Beth Jo Zeitzer
R.O.I. Properties
Buyer's Agent
Efrain Lozada
My Home Group Real Estate
List Price
$143,000
Sold Price
$145,000
Premium/Discount to List
$2,000
1.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.03%

Purchase Details

Closed on
May 25, 2011
Sold by
Arizona Foreclosures & Reos For Less Llc
Bought by
Pizano Arturo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,900
Interest Rate
4.84%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 5, 2011
Sold by
Solis Leopoldo
Bought by
Arizona Foreclosures & Reos For Less Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,900
Interest Rate
4.84%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 16, 2009
Sold by
Solis Leopoldo
Bought by
Citibank

Purchase Details

Closed on
Oct 12, 2006
Sold by
Solis Maria Lourdes
Bought by
Solis Leopoldo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,650
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 11, 2006
Sold by
Zaveleta Omar
Bought by
Solis Leopoldo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,650
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 12, 2006
Sold by
Zavaleta Yolanda
Bought by
Zavaleta Omar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 6, 2006
Sold by
Martinez Andres
Bought by
Zavaleta Omar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 29, 2004
Sold by
Valley Home Solutions Llc
Bought by
Martinez Andres

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,450
Interest Rate
8.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 26, 2004
Sold by
Gutierrez Elvira
Bought by
Martinez Andres

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,450
Interest Rate
8.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 2004
Sold by
Santana John H
Bought by
Valley Home Solutions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,450
Interest Rate
8.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 21, 1994
Sold by
Marlor Land Company Inc
Bought by
Santana John N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,387
Interest Rate
9.2%
Mortgage Type
VA

Purchase Details

Closed on
Sep 28, 1994
Sold by
Amberlea Ltd Partnership
Bought by
Marlor Land Company Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8.55%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Ceja Aurelia Urenda -- Driggs Title Agency Inc
Romero Adrian $145,000 Great American Title Agency
Pizano Arturo -- None Available
Arizona Foreclosures & Reos For Less Llc $53,000 None Available
Citibank $58,500 None Available
Solis Leopoldo -- Lawyers Title Insurance Corp
Solis Leopoldo $227,850 Lawyers Title Insurance Corp
Zavaleta Omar -- Dhi Title Of Arizona Inc
Zavaleta Omar $205,000 Dhi Title Of Arizona Inc
Martinez Andres $140,500 Capital Title Agency Inc
Martinez Andres -- Capital Title Agency Inc
Valley Home Solutions Llc $111,500 --
Santana John N $82,900 United Title Agency
Marlor Land Company Inc $15,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ceja Aurelia Urenda $168,000
Closed Ceja Aurelia Upendra $169,695
Closed Ceja Aurelia Urenda $170,848
Previous Owner Pizano Arturo $43,900
Previous Owner Pizano Arturo $45,400
Previous Owner Solis Leopoldo $193,650
Previous Owner Solis Leopoldo $193,650
Previous Owner Zavaleta Omar $160,000
Previous Owner Zavaleta Omar $160,000
Previous Owner Martinez Andres $126,450
Previous Owner Martinez Andres $126,450
Previous Owner Valley Home Solutions Llc $100,000
Previous Owner Santana John N $85,387
Previous Owner Marlor Land Company Inc $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2017 03/08/17 Sold $176,500 +0.9% $121 / Sq Ft
01/26/2017 01/26/17 Pending -- -- --
01/20/2017 01/20/17 For Sale $174,900 +20.6% $120 / Sq Ft
07/29/2016 07/29/16 Sold $145,000 +1.4% $100 / Sq Ft
07/26/2016 07/26/16 For Sale $143,000 0.0% $98 / Sq Ft
07/26/2016 07/26/16 Price Changed $143,000 0.0% $98 / Sq Ft
07/12/2016 07/12/16 For Sale $143,000 0.0% $98 / Sq Ft
07/12/2016 07/12/16 Price Changed $143,000 0.0% $98 / Sq Ft
05/25/2016 05/25/16 For Sale $143,000 -- $98 / 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 $1,101 $9,426 -- --
2024 $1,126 $8,977 -- --
2023 $1,126 $24,220 $4,840 $19,380
2022 $1,085 $18,310 $3,660 $14,650
2021 $1,039 $16,710 $3,340 $13,370
2020 $1,010 $15,380 $3,070 $12,310
2019 $1,010 $13,650 $2,730 $10,920
2018 $915 $12,810 $2,560 $10,250
2017 $817 $10,450 $2,090 $8,360
2016 $773 $9,750 $1,950 $7,800
2015 $743 $8,720 $1,740 $6,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5550977

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-87-577