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Phoenix 85024 Arroyo Rojo
1007 E IRMA Lane
Photo of 1007 E IRMA Lane
Sold on Aug 8, 2014

24

Map

Photo of 1007 E IRMA Lane
Photo of 1007 E IRMA Lane
$276,000
● House - Off Market

1007 E IRMA Lane

Phoenix, AZ 85024
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,092 Ft²
$613,390
RealtyHop Estimate
119.07%
Since Sep 1, 2014
AZ-Phoenix
Primary Model

About This Property

CORNER LOT W/ 5 PARKING SLABS, RECENTLY REMODELED HOME, 3-LARGE LIVING AREAS (LIVING ROOM, FAMILY ROOM & PLAY ROOM/MEDIA ROOM), 4 BDRMS 2 BATHS. PERGO WOOD FLOORING T/O, BATHROOMS W/TILE FLOORING. NEWLY PAINTED INT & EXT, NEW COLONIST INTERIOR DOORS AND BASEBOARDS. DOUGLAS THEATER BLINDS, DECORATIVE CEILING FANS T/O, MIRRORED CLOSETS IN ALL BEDROOMS. RAIN GLASS SHOWER DOORS & JACUZZI GARDEN SOAKING TUB IN MB. TWO CLOSETS IN MASTER. OFFICE COMPLETE W/SHELVING & EXTRA LIGHTING. LUSHLY LANDSCAPED GRASSY BACKYARD, SPA W/GRANITE BAR & FOUNTAIN. NEW FRONT LANDSCAPING FALL 2013. NEW A/C UNITS MAY 2014. SHADE SCREENS ON ALL WINDOWS. GREAT LOCATION W/QUICK ACCESS TO 101, 51 & DEER VALLEY AIRPORT!! **THE FINEST TURN KEY HOME IN THE COMMUNITY!! BRING YOUR FUSSIEST BUYER THEY'LL LOVE IT!!
Unit Size
2,092 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$134
Property Type
House
Property Taxes
$130
HOA Dues
$40
Year Built
1997

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (ARMLS #5124000)

Price History

Date / Event Date Event Price
Aug 8, 2014 Sold
Premium
Sold
Jun 1, 2014 Listed by RE/MAX Fine Properties $280,000
Listed by RE/MAX Fine Properties
May 29, 2013 Sold
Premium
Sold
Apr 27, 2013 Listed by RE/MAX Fine Properties $255,000
Listed by RE/MAX Fine Properties

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 3
  • Patio Type: 38
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 82

    Dimensions

  • Lot Size Square Feet: 6,587
  • Total Building Area: 2,092
  • Gross Building Area: 2,092
  • Building Area: 2,092
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 10
  • Heating: 24
  • Heated Square Feet: 2,092
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ARROYO ROJO
  • Land Acres: 0000000151
  • Standard Land Use Code: 1001
  • County Land Use Code: 0131
  • State Land Use Code: 0131
  • Legal Description 1: ARROYO ROJO MCR 424-13

Neighborhood

  • School District Name: Deer Valley Unified District
  • Census Tract: 614900

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: 42413
  • Parcel: 213-05-827
  • Lot: 347
  • Meridian: SEC 21 TWN 4N RNG 3E
  • Municipality: PHOENIX
  • Latitude: 33.6736
  • Longitude: -112.06

    Address

  • Full Address: 1007 E Irma Ln
  • Address - House Number: 1007
  • Street Direction: E
  • Address - Street Name: Irma
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C034
  • 4-Digit Zip Code: 4114
  • Zip Code: 85024

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $234,824
  • Tax Rate Code Area: 971300

    Appraisal Valuation

  • Standard Deviation: 0.1444
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 589,345
  • High Value: 674,495
  • Low Value: 504,194

    Market Valuation

  • Market Total Value: $398,700
  • Market Land Value: $79,700
  • Market Improvement Value: $319,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,870
  • Assessed Land Value: $7,970
  • Assessed Improvements Value: $31,900

    Sales

  • Current Sale Contract Date: Jul 15, 2014
  • Current Sale Recording Date: Aug 08, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 15
  • Current Sale Input Document Number: 2014-0522148
  • Previous Sale Recording Date: May 29, 2013
  • Previous Sale Contract Date: May 28, 2013
  • Previous Sale Amount: $257,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Deer Valley

Stats & Trends

Median Asking:

$435,000

Sale Price/ft²

$267

Below Asking

0.02%

Average Days on Market

68

Average Home Size

1869 ft²

Average Home Age

34.3 years

Currently For Sale

513 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1130 E Grovers Avenue, Phoenix, AZ, 85022

$1,399 /mo

  • 2 Beds
  • 2 Baths
  • 904 ft²
1130 E Grovers Avenue #2, Phoenix, AZ, 85022 Listing by Heather Troost
Unit for rent at 229 E Anderson Avenue E, Phoenix, AZ, 85022

$2,100 /mo

  • 2 Beds
  • 2 Baths
  • 1,256 ft²
229 E Anderson Avenue E, Phoenix, AZ, 85022 Listing by Ruth E Wachs
Unit for rent at 1126 E Charleston Avenue, Phoenix, AZ, 85022

$2,450 /mo

  • 3 Beds
  • 2 Baths
  • 1,214 ft²
1126 E Charleston Avenue, Phoenix, AZ, 85022 Listing by Hassan Sadre

Rentals Near You

Click here to view more rentals in the neighborhood.
ARMLS

Listed by: Chris J Wyatt, RE/MAX Fine Properties
Last Updated: 4 months ago
Data Source: ARMLS, MLS# 5124000
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 1007 East Irma Lane built and last sold?
The property at 1007 East Irma Lane was built in 1997 and last sold on Jul 15, 2014 for $276,000.
How much is this home worth?
The estimated value of the home located at 1007 East Irma Lane is $295,108.
What are some comparable homes to 1007 East Irma Lane?
There are currently no comparable homes to 1007 East Irma Lane.
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