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Phoenix 85042 Summit at South Mountain
111 E BETH Drive
Photo of 111 E BETH Drive
Sold on Nov 7, 2019

37

Map

Photo of 111 E BETH Drive
Photo of 111 E BETH Drive
$238,000
● House - Off Market

111 E BETH Drive

Phoenix, AZ 85042
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,927 Ft²
$380,198
RealtyHop Estimate
61.86%
Since Dec 1, 2019
AZ-Phoenix
Primary Model

About This Property

Beautiful home minutes away from South Mountain Park/Preserve, Enjoy the views of South Mountain and many trails. Home has close proximity to Downtown Phoenix and Phoenix Airport. Open Floor-plan concept features an Island the kitchen, dinning/breakfast area, and large family room. Tile Flooring throughout the kitchen. Master Bedroom has a large Walk-in Closet and double entrance door. Backyard features covered patio and raised garden-beds. This home will go fast!
Unit Size
1,927 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$122
Property Type
House
Property Taxes
$152
HOA Dues
$66
Year Built
2003

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 2 months ago (ARMLS #5982939)

Price History

Date / Event Date Event Price
Nov 7, 2019 Sold
Premium
Sold
Sep 25, 2019 Listed by HomeSmart $234,900
Listed by HomeSmart
Nov 5, 2018 No longer available -
No longer available
Oct 3, 2018 Listed $225,000
Listed
This spacious 4 bedroom home is in the ideal location for easy access to Downtown Phoenix and Sky Harbor Airport. Plus, the South Mountain Park/Preserve is just minutes away, where you'll get to enjoy over 51 miles of trails for hiking, horseback riding and mountain biking. The manager has listed the unit size as 1927 square feet.
Mar 27, 2017 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 7
  • 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: 2
  • Patio Type: 38
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Total Building Area: 1,927
  • Gross Building Area: 1,927
  • Building Area: 1,927
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 10
  • Heating: 24
  • Heated Square Feet: 1,927
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUMMIT AT SOUTH MOUNTAIN
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 0131
  • State Land Use Code: 0131
  • Legal Description 1: SUMMIT AT SOUTH MOUNTAIN MCR 571-38

Neighborhood

  • School District Name: Phoenix Union High School District
  • Census Tract: 116735

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: 57138
  • Parcel: 300-45-325
  • Lot: 97
  • Meridian: SEC 5 TWN 1S RNG 3E
  • Municipality: PHOENIX
  • Latitude: 33.3644
  • Longitude: -112.072

    Address

  • Full Address: 111 E Beth Dr
  • Address - House Number: 111
  • Street Direction: E
  • Address - Street Name: Beth
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C063
  • 4-Digit Zip Code: 7657
  • Zip Code: 85042

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $188,838
  • Tax Rate Code Area: 661300

    Appraisal Valuation

  • Standard Deviation: 0.1597
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 80
  • Final Value: 419,382
  • High Value: 486,394
  • Low Value: 352,369

    Market Valuation

  • Market Total Value: $293,100
  • Market Land Value: $58,600
  • Market Improvement Value: $234,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,310
  • Assessed Land Value: $5,860
  • Assessed Improvements Value: $23,450

    Sales

  • Current Sale Contract Date: Nov 04, 2019
  • Current Sale Recording Date: Nov 07, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20190897174
  • Previous Sale Recording Date: Mar 27, 2017
  • Previous Sale Contract Date: Mar 06, 2017
  • Previous Sale Amount: $193,000
  • 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 South Mountain

Stats & Trends

Median Asking:

$399,900

Sale Price/ft²

$249

Below Asking

0.02%

Average Days on Market

75

Average Home Size

1858 ft²

Average Home Age

27.4 years

Currently For Sale

317 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 417 E Summerside Road, Phoenix, AZ, 85042

$6,600 /mo

  • 4 Beds
  • 3 Baths
  • 3,160 ft²
417 E Summerside Road, Phoenix, AZ, 85042 Listing by Judith Crane
Unit for rent at 1118 E Paseo Way, Phoenix, AZ, 85042

$4,900 /mo

  • 3 Beds
  • 3 Baths
  • 2,481 ft²
1118 E Paseo Way, Phoenix, AZ, 85042 Listing by Robert Maurice
Unit for rent at 927 E Paseo Way, Phoenix, AZ, 85042

$3,000 /mo

  • 3 Beds
  • 3 Baths
  • 2,076 ft²
927 E Paseo Way, Phoenix, AZ, 85042 Listing by Kimberly Caruso-Fast

Rentals Near You

Click here to view more rentals in the neighborhood.
ARMLS

Listed by: Tim Esteban, HomeSmart
Last Updated: 2 months ago
Data Source: ARMLS, MLS# 5982939
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 111 East Beth Drive built and last sold?
The property at 111 East Beth Drive was built in 2003 and last sold on Nov 4, 2019 for $238,000.
How much is this home worth?
The estimated value of the home located at 111 East Beth Drive is $249,126.
What are some comparable homes to 111 East Beth Drive?
There are currently no comparable homes to 111 East Beth Drive.
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