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Local assessors in Phoenix, AZ have categorized 1118 West Madison Street as a vacant type of property.
The home was built in 1916 and is 108 years old.
The property's lot size has been calculated to be 6,875 square feet.
Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Moving onto specific details regarding the building. Our sources show that the building condition is fair. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1118 West Madison Street was last sold in May 5, 2017 for $60,000. According to our calculations, that's $19.16 per sqft. Current property owners are expected to pay $1,897 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 1118 West Madison Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $18,810. To break that down further, the land itself was valued at $18,810. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.
Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Moving onto specific details regarding the building. Our sources show that the building condition is fair. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1118 West Madison Street was last sold in May 5, 2017 for $60,000. According to our calculations, that's $19.16 per sqft. Current property owners are expected to pay $1,897 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 1118 West Madison Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $18,810. To break that down further, the land itself was valued at $18,810. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.
This property description is generated based on publicly available data.
1118 West Madison Street, Phoenix, AZ 85007
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