NOT LISTED FOR SALE

8720 W Pinchot Ave Phoenix, AZ 85037

Estimated Value: $274,000 - $394,000

4 Beds
2 Baths
1,497 Sq Ft
$232/Sq Ft Est. Value

Last Sold February 19, 2016

Last sale price $119,000 $79 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $1,973/month

54 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 1-Story Property
  • Covered patio or porch
  • Refrigerated and Evaporative Cooling System

About This Home

As of February 2016

Tenant occupied, good rental income, or tenant can move out upon closing the escrow.

Last Agent to Sell the Property

Mei Dai

Pro May Consulting, LLC License #BR576946000 Listed on: 12/03/2015

Last Buyer's Agent

Gad Nagar

Altair Realty LLC License #SA640798000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $700

Year Built

  • Built in 1974

Lot Details

  • 7,200 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence

Parking

  • 1 Open Parking Space

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,497 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Dishwasher
  • Laundry in unit

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Covered patio or porch

Schools

  • Desert Horizon Elementary School
  • Westview High School

Utilities

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

Community Details

  • No Home Owners Association
  • Sunrise Terrace 6 Subdivision

Listing and Financial Details

  • Tax Lot 125
  • Assessor Parcel Number 102-73-125

Home Details

Home Type

Single Family

Est. Annual Taxes

$700

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Cross Street: THOMAS RD & 89TH AVE
  • 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: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1974
  • Tax Year: 2015
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.17
  • Subdivision Name: SUNRISE TERRACE 6
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: 3/4 Bath Master Bdrm
  • Living Area: 1497.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:BonusGame Room: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s)
  • Lot Features: Desert Front
  • Pool Features: None
  • Disclosures: Other (See Remarks)
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Open Parking Spaces: 1.0

Utilities

  • Cooling: Both Refrig & Evap
  • Heating: Natural Gas
  • Laundry Features: Inside
  • 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

Schools

  • Elementary School: Desert Horizon Elementary School
  • High School: Westview High School
  • Middle Or Junior School: Desert Horizon Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7200.0
  • Parcel #: 102-73-125
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 700.0
  • Tax Book Number: 102.00
  • Tax Lot: 125
  • Tax Map Number: 73.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2015
Closed on
Feb 16, 2016
Sold by
Sagi Adato Carmit and Sagi Tal
Bought by
Tal Sagi
Seller's Agent
Mei Dai
Pro May Consulting, LLC
Buyer's Agent
Gad Nagar
Altair Realty LLC
List Price
$135,000
Sold Price
$119,000
Premium/Discount to List
-$16,000
-11.85%
Total Days on Market
54
Current Estimated Value
$347,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,796
Avg. Annual Appreciation
12.20%
Original Mortgage
$50,000
Outstanding Balance
$40,347
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$307,449

Purchase Details

Listed on
Dec 3, 2015
Closed on
Jan 26, 2016
Sold by
Renor Investments Llc
Bought by
Tal Sagi
Seller's Agent
Mei Dai
Pro May Consulting, LLC
Buyer's Agent
Gad Nagar
Altair Realty LLC
List Price
$135,000
Sold Price
$119,000
Premium/Discount to List
-$16,000
-11.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Outstanding Balance
$40,347
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$307,449

Purchase Details

Closed on
Jun 10, 2011
Sold by
Chen Gang
Bought by
Chen Properties 1 Llc

Purchase Details

Closed on
May 18, 2009
Sold by
U S Bank National Association
Bought by
Chen Gang

Purchase Details

Closed on
Nov 17, 2008
Sold by
Palomino Orlando
Bought by
U S Bank National Association

Purchase Details

Closed on
Apr 18, 2002
Sold by
Corson Helen
Bought by
Palomino Orlando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2001
Sold by
Arreola Jesus
Bought by
Corson Helen

Purchase Details

Closed on
Jan 18, 2000
Sold by
Ortiz Lucy
Bought by
Arreola Jesus and Rios Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,865
Interest Rate
8.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 22, 1995
Sold by
Gaskins Purcell E
Bought by
Ortiz Edward Moses and Ortiz Lucy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,850
Interest Rate
8.86%
Mortgage Type
FHA
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
Tal Sagi -- First Arizona Title Agency
Tal Sagi $119,000 First Arizona Title Agency
Chen Properties 1 Llc -- None Available
Chen Gang $50,100 First American Title Ins Co
U S Bank National Association $66,300 Accommodation
Palomino Orlando $100,000 Security Title Agency
Corson Helen $72,500 Capital Title Agency
Arreola Jesus $86,000 Chicago Title Insurance Co
Ortiz Edward Moses $53,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tal Sagi $50,000
Closed Tal Sagi $50,000
Previous Owner Palomino Orlando $153,000
Previous Owner Palomino Orlando $117,000
Previous Owner Palomino Orlando $106,240
Previous Owner Palomino Orlando $100,000
Previous Owner Arreola Jesus $87,865
Previous Owner Ortiz Edward Moses $52,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2016 02/19/16 Sold $119,000 0.0% $79 / Sq Ft
01/23/2016 01/23/16 Off Market $119,000 -- --
01/20/2016 01/20/16 Price Changed $129,000 -3.0% $86 / Sq Ft
12/17/2015 12/17/15 Price Changed $133,000 -1.5% $89 / Sq Ft
12/02/2015 12/02/15 For Sale $135,000 -- $90 / 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 $1,524 $10,505 -- --
2024 $1,547 $10,005 -- --
2023 $1,547 $24,030 $4,800 $19,230
2022 $1,489 $17,850 $3,570 $14,280
2021 $1,426 $16,050 $3,210 $12,840
2020 $1,386 $14,920 $2,980 $11,940
2019 $1,375 $13,020 $2,600 $10,420
2018 $1,297 $12,370 $2,470 $9,900
2017 $1,080 $10,250 $2,050 $8,200
2016 $989 $8,910 $1,780 $7,130
2015 $691 $7,250 $1,450 $5,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5369048

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-73-125