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1318 East Peoria Avenue

1318 East Peoria Avenue, Phoenix, AZ 85020
Multifamily in Palo Verde Hills
1318 East Peoria Avenue has been categorized by the local assessors in Phoenix, AZ as a residential type of property. The building on the property was first built in 1963 and is 61 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1318 East Peoria Avenue has 2,040 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,173 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with tilt-up (pre-cast concrete) control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt and ply sheets in a built-up roof style. The exterior walls of the building are made of concrete block. The inside of the home is being cooled with a packaged air conditioning unit at the moment. In terms of heating, it is utilizing a heating system. 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, 1318 East Peoria Avenue was last sold in Aug 22, 2019 for $280,001. According to our calculations, that's $137.26 per sqft. Prior to that sales transaction, the property was sold for $280,001 in Aug 22, 2019. Current property owners are expected to pay $798 in taxes per year. The property on 1318 East Peoria Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $30,850. To break that down further, the land itself was valued at $6,170. While improvements to the property were assessed at a total of $24,680. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190720
07/20/2019
Studio
-
-
$269,990
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Tilt-up (pre-cast concrete)
  • Building Style: Duplex
  • Exterior Walls Type: Concrete block
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,173
  • Total Building Area: 2,040
  • Gross Building Area: 2,040
  • Building Area: 2,040
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 2,040
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PALO VERDE HILLS
  • Land Acres: 0.142
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: PALO VERDE HILLS MCR 89/16

Ownership

  • Current Owner : CANNON ELAINE MARIE
  • Current Owner 2: CANNON ROBERT R
  • Previous Owner : PALMENBERG FAMILY LIMITED PARTNERSHIP
  • Owner Before Previous Owner: PALMENBERG FAMILY LIMITED PARTNERSHIP
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Paradise Valley Unified District
  • Census Tract: 103702

Zoning

  • Zoning: M-M

Geography

  • Assessors Map Reference: 8916
  • Parcel: 159-23-179
  • Lot: 478
  • Meridian: SEC 21 TWN 3N RNG 3E
  • Municipality: PHOENIX
  • Latitude: 33.5825
  • Longitude: -112.054

    Address

  • Full Address: 1318 E Peoria Ave
  • Address - House Number: 1318
  • Street Direction: E
  • Address - Street Name: Peoria
  • Address - Suffix Type: Ave
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C041
  • 4-Digit Zip Code: 1609
  • Zip Code: 85020

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $798
  • Tax Rate Code Area: 691300

    Appraisal Valuation

  • Standard Deviation: 0.1457
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 82
  • Final Value: 453,232
  • High Value: 519,309
  • Low Value: 387,156

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $421,000
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Aug 30, 2019
  • First Open Lien Mortgage Loan Amount: $210,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2049
  • Second Open Lien Mortgage Lender: ARC HOME LLC
  • Second Open Lien Mortgage Recording Date: Aug 21, 2020
  • Second Open Lien Mortgage Loan Amount: $211,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2050

    Market Valuation

  • Market Total Value: $308,500
  • Market Land Value: $61,700
  • Market Improvement Value: $246,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,850
  • Assessed Land Value: $6,170
  • Assessed Improvements Value: $24,680

    Sales

  • Current Sale Contract Date: Aug 22, 2019
  • Current Sale Recording Date: Aug 20, 2020
  • Current Sale Transaction ID: 11781398510
  • Current Sale Price: $280,001
  • Current Sale Document Type: Re-recorded Document
  • Current Sale Input Document Number: 20200767746
  • Previous Sale Recording Date: Aug 30, 2019
  • Previous Sale Contract Date: Aug 22, 2019
  • Previous Sale Amount: $280,001
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: CALIBER HOME LOANS INC
  • Previous Mortgage Transaction Date: Aug 30, 2019
  • Previous Mortgage Loan Amount: $210,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2049

About North Mountain



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Frequently Asked Questions

What neighborhood is 1318 East Peoria Avenue located in?
The 1318 East Peoria Avenue is a multifamily located in the neighborhood of Palo Verde Hills in North Mountain, Phoenix.
What is the average sales price for listings in 1318 East Peoria Avenue?
The average sales price for units in 1318 East Peoria Avenue is $0 currently.

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