$95,000
SOLD SEP 18, 2012

8631 N 50th Ln Glendale, AZ 85302

4 Beds
2 Baths
2,261 Sq Ft
0.4 Acres

Recently Sold

$42 Per Sq Ft

19% Above List Price

10 Days on Market

Highlights

  • 0.4 Acre Lot
  • No HOA
  • Cul-De-Sac
  • Living Room with Fireplace
  • Covered Patio or Porch
  • 5-minute walk to New World Park

About This Home

As of May 2013

LENDER OWNED & PRICED FOR IMMEDIATE SALE!!! EXCELLENT BUYER FIX-UP OPPORTUNTITY & SO MUCH POTENTIAL & UPSIDE AFTER REHAB & REMODEL!!! HUGE OVERSIZE CUL-DE-SAC LOT!!! 3 CAR GARAGE!!! SINGLE LEVEL DESIGN FEATURING 4 BDRMS 2 BATHS, FIREPLACE IN LIVING RM, & MORE!!! PROPERTY IS SOLD COMPLETELY AS-IS WHERE-IS WITH NO WARRANTIES OR REPRESENTATIONS EXPRESSED OR IMPLIED WHATSOEVER BY SELLER. SUBMIT ALL AS-IS CASH OFFERS NOW FOR SELLER REVIEW & APPROVAL. NO SPDS OR CLUE REPORT BY SELLER.

Last Agent to Sell the Property

Jeffrey Miller

AZ Brokerage Holdings, LLC License #SA020707000 Listed on: 06/26/2012

Co-Listed By

Ruth Miller

AZ Brokerage Holdings, LLC License #SA029192000

Last Buyer's Agent

Anca Muresan

HomeSmart License #SA567270000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,235

Year Built

  • Built in 1977

Lot Details

  • 0.4 Acre Lot
  • Desert faces the front of the property
  • Cul-De-Sac
  • Block Wall Fence

Parking

  • 3 Car Garage

Home Design

  • Fixer Upper
  • Composition Roof
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,261 Sq Ft Home
  • 1-Story Property
  • Two Way Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Horizon Elementary And Middle School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Golden Palms Estates Subdivision, Fix Up Floorplan

Listing and Financial Details

  • Tax Lot 201
  • Assessor Parcel Number 148-09-404

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,235

Year Built

Built in 1977

Lot Details

0

Parking

3

Listing Details

  • Cross Street: OLIVE & 51ST AVENUE
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Year Built: 1977
  • Tax Year: 2011
  • Directions: S ON 51ST AVE TO ORCHID, E ON ORCHID TO 50TH LN, N ON 50TH LN TO END OF CUL-DE-SAC TO PROPERTY!!!
  • Master Model: FIX UP
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.4
  • Co List Office Mls Id: reax16
  • Co List Office Phone: 602-861-3300
  • Subdivision Name: GOLDEN PALMS ESTATES
  • Architectural Style: Ranch
  • New Construction: No
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Two Way Fireplace: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Other
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Two Way Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, 3/4 Bath Master Bdrm
  • Living Area: 2261.0
  • Stories: 1
  • Other Rooms:Great Room: Yes
  • Kitchen Features:None42: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Front, Cul-De-Sac, Dirt Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Other (See Remarks)
  • Construction Type: Stucco, Painted, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Property Condition: Fixer
  • Roof: Composition, Built-Up
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Garage Spaces: 3.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • 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

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Horizon School
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Horizon School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 17594.0
  • Parcel #: 148-09-404

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Annual Amount: 1235.0
  • Tax Book Number: 148.00
  • Tax Lot: 201
  • Tax Map Number: 9.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2013
Closed on
May 24, 2013
Sold by
Muresan Lucian
Bought by
Chabra Eric A and Chabra Dianna L
Seller's Agent
Anca Muresan
HomeSmart
Buyer's Agent
Melissa Sharpe
eXp Realty
List Price
$219,000
Sold Price
$220,000
Premium/Discount to List
$1,000
0.46%
Current Estimated Value
$504,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,578
Avg. Annual Appreciation
7.11%
Original Mortgage
$227,260
Interest Rate
3.38%
Mortgage Type
VA

Purchase Details

Listed on
Jun 26, 2012
Closed on
Sep 14, 2012
Sold by
Muresan Anca
Bought by
Muresan Lucian
Seller's Agent
Jeffrey Miller
AZ Brokerage Holdings, LLC
Buyer's Agent
Anca Muresan
HomeSmart
List Price
$80,000
Sold Price
$95,000
Premium/Discount to List
$15,000
18.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
231.89%

Purchase Details

Listed on
Jun 26, 2012
Closed on
Aug 21, 2012
Sold by
Champion Mortgage Company
Bought by
Muresan Lucian
Seller's Agent
Jeffrey Miller
AZ Brokerage Holdings, LLC
Buyer's Agent
Anca Muresan
HomeSmart
List Price
$80,000
Sold Price
$95,000
Premium/Discount to List
$15,000
18.75%

Purchase Details

Closed on
May 22, 2012
Sold by
Reverse Mortgage Solutions Inc
Bought by
Champion Mortgage Company

Purchase Details

Closed on
Jan 19, 2012
Sold by
Tipton Lee O
Bought by
Reverse Mortgage Solutions Inc
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $220,000 Pioneer Title Agency Inc
Interfamily Deed Transfer -- Great American Title Agency
Cash Sale Deed $95,000 Great American Title Agency
Quit Claim Deed -- None Available
Trustee Deed $94,500 Great American Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $227,260 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2013 05/30/13 Sold $220,000 +0.5% $97 / Sq Ft
04/23/2013 04/23/13 Pending -- -- --
04/19/2013 04/19/13 For Sale $219,000 +130.5% $97 / Sq Ft
09/18/2012 09/18/12 Sold $95,000 +18.8% $42 / Sq Ft
07/06/2012 07/06/12 Pending -- -- --
06/26/2012 06/26/12 For Sale $80,000 -- $35 / 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 $2,041 $17,253 -- --
2024 $1,851 $16,431 -- --
2023 $1,851 $36,270 $7,250 $29,020
2022 $1,841 $26,250 $5,250 $21,000
2021 $1,833 $25,010 $5,000 $20,010
2020 $1,855 $25,110 $5,020 $20,090
2019 $1,836 $23,130 $4,620 $18,510
2018 $1,761 $20,870 $4,170 $16,700
2017 $1,786 $18,570 $3,710 $14,860
2016 $1,696 $17,230 $3,440 $13,790
2015 $1,598 $16,180 $3,230 $12,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4781580

Arizona Regional Multiple Listing Service (ARMLS)

APN: 148-09-404