NOT LISTED FOR SALE

937 E Fairmount Ave Phoenix, AZ 85014

Estimated Value: $492,815

3 Beds
2 Baths
1,564 Sq Ft
$315/Sq Ft Est. Value

Last Sold July 05, 2017

Last sale price $240,900 $154 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $2,939/month

112 Days on Market

Highlights

  • No HOA
  • Covered patio or porch
  • Property is near a bus stop
  • Phoenix Coding Academy Rated A
  • No Interior Steps
  • Ceiling Fan

About This Home

As of July 2017

Back on the market after previous buyer could not perform! 2 bed/1 bath home plus a 1 bed/1 bath guesthouse, each with their own electric meter. The home features lots of upgrades, including a new roof and fresh paint. Nice stainless steel appliances convey. The home sits in a prime location near Downtown Phoenix, Central Phoenix, the Camelback Corridor, and the I-10. Welcome home!

Last Agent to Sell the Property

James Lanier

Lanier Real Estate, LLC License #BR649257000 Listed on: 02/21/2017

Last Buyer's Agent

Kristoffer Slack

Jason Mitchell Real Estate License #SA655315000

Jason Mitchell Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $774

Year Built

  • Built in 1952

Lot Details

  • 7,750 Sq Ft Lot
  • Wrought Iron Fence
  • Wood Fence
  • Block Wall Fence
  • Grass Covered Lot

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,564 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Longview Elementary School
  • North High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Additional Features

  • No Interior Steps
  • Covered patio or porch
  • Property is near a bus stop

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Stacy Tract Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 4
  • Assessor Parcel Number 118-05-072

Home Details

Home Type

Single Family

Est. Annual Taxes

$774

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Cross Street: 7th St & Indian School
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2014
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2017
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1952
  • Tax Year: 2016
  • Directions: From Indian School, South on 7th St, East (left) on Fairmount to home on the right side of the street.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.18
  • Subdivision Name: STACY TRACT
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Owner
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: No Interior Steps
  • Living Area: 1564.0
  • Stories: 1
  • ResoLivingAreaSource: Owner
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron, Wood
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Gravel/Stone Back, Grass Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 4.0

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop
  • 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

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Longview Elementary School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Longview Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7750.0
  • Parcel #: 118-05-072
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 774.0
  • Tax Block: 4
  • Tax Book Number: 118.00
  • Tax Lot: 1
  • Tax Map Number: 5.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2017
Closed on
Jun 29, 2017
Sold by
Mt Estate Management Llc
Bought by
Chimal Manuel and Chimal Nora
Seller's Agent
James Lanier
Lanier Real Estate, LLC
Buyer's Agent
Kristoffer Slack
Jason Mitchell Real Estate
List Price
$259,900
Sold Price
$240,900
Premium/Discount to List
-$19,000
-7.31%
Total Days on Market
112
Current Estimated Value
$492,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,915
Avg. Annual Appreciation
9.46%
Original Mortgage
$236,536
Outstanding Balance
$198,156
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$294,659

Purchase Details

Closed on
Dec 12, 2016
Sold by
Tovar Alejandro D and Tovar Josue M
Bought by
Mt Estate Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,555
Interest Rate
4.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 2015
Sold by
Hernandez Elvis Andrea
Bought by
Tovar Josue M

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
Interest Rate
3.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 2010
Sold by
Brandory Investments Llc
Bought by
Hernandez Elvis Andrea and Tovar Josue M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,871
Interest Rate
4.95%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 3, 2010
Sold by
Gould Scott A
Bought by
Brandory Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,871
Interest Rate
4.95%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 4, 2008
Sold by
Us Bank National Association
Bought by
Williams Matt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2007
Sold by
Mendez Benito
Bought by
Us Bank Na

Purchase Details

Closed on
Oct 4, 2005
Sold by
Villasenor Sara
Bought by
Mendez Benito

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
8.71%
Mortgage Type
Balloon

Purchase Details

Closed on
May 21, 1999
Sold by
Westfall Robert E and Westfall Dorothy
Bought by
Mendez Benito and Villasenor Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,862
Interest Rate
7.2%
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
Chimal Manuel $240,900 Empire West Title Agency
Mt Estate Management Llc -- American Title Svc Agency Ll
Tovar Josue M -- Security Title Agency Inc
Hernandez Elvis Andrea $65,000 Security Title Agency
Brandory Investments Llc -- None Available
Williams Matt $57,500 Great American Title Agency
Us Bank Na $148,750 Accommodation
Mendez Benito -- Dhi Title Of Arizona Inc
Mendez Benito $90,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chimal Manuel $236,536
Previous Owner Mt Estate Management Llc $15,100
Previous Owner Mt Estate Management Llc $79,555
Previous Owner Tovar Josue M $50,000
Previous Owner Hernandez Elvis Andrea $57,871
Previous Owner Brandory Investments Llc $44,410
Previous Owner Williams Matt $40,000
Previous Owner Mendez Benito $187,000
Previous Owner Mendez Benito $89,862
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2017 07/05/17 Sold $240,900 -1.6% $154 / Sq Ft
03/20/2017 03/20/17 Price Changed $244,900 -3.9% $157 / Sq Ft
03/10/2017 03/10/17 Price Changed $254,900 -1.9% $163 / Sq Ft
02/21/2017 02/21/17 For Sale $259,900 -- $166 / 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 $2,075 $16,533 -- --
2024 $2,004 $15,746 -- --
2023 $2,004 $37,000 $7,400 $29,600
2022 $1,993 $27,160 $5,430 $21,730
2021 $2,027 $22,950 $4,590 $18,360
2020 $1,976 $21,280 $4,250 $17,030
2019 $1,890 $19,070 $3,810 $15,260
2018 $1,827 $19,410 $3,880 $15,530
2017 $1,678 $14,920 $2,980 $11,940
2016 $774 $11,620 $2,320 $9,300
2015 $719 $8,480 $1,690 $6,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5564583

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-05-072