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1520 North 81st Drive

1520 North 81st Drive, Phoenix, AZ 85043
Sold Feb 14, 2020
$163,000
$130,400 by First Bank
Mortgage Due Mar 01, 2050
Sold Dec 23, 2019
$125,000
1520 North 81st Drive 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 2010 and is 14 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1520 North 81st Drive has 1,227 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 1,192 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo 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. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a unknown. 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 frame 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 concrete. The exterior walls of the building are made of a combination of material. The inside of the home is being cooled with a refrigeration air conditioning system at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a water system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1520 North 81st Drive sold most recently in Jan 15, 2020 for a total of $163,000. If you work out the math, that's approximately a cost of $132.84 per sqft. Before that, the property was also sold for $125,000 in Dec 13, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $891 in taxes each year. 1520 North 81st Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $16,180. If we break it down further, the land itself was valued at $3,230. Improvements to the property, however, were assessed at a total of $12,950. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Condo
  • Exterior Walls Type: Combination
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 1,192
  • Total Building Area: 1,227
  • Gross Building Area: 1,227
  • Building Area: 1,227
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,227
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: DARAVANTE CONDOMINIUM 2ND AMD
  • Land Acres: 0.027
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: DARAVANTE CONDOMINIUM 2ND AMD MCR 968-08

Ownership

  • Current Owner : MARTINEZ EVELYN
  • Previous Owner : OFFERPAD SPVBORROWER1 LLC
  • Owner Before Previous Owner: CRAWFORD DANIEL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Tolleson Union High School District
  • Census Tract: 112524

Zoning

  • Zoning: M-M

Geography

  • Assessors Map Reference: 96808
  • Parcel: 102-45-289
  • Lot: 188
  • Meridian: SEC 2 TWN 1N RNG 1E
  • Municipality: PHOENIX
  • Latitude: 33.4651
  • Longitude: -112.234

    Address

  • Full Address: 1520 N 81st Dr
  • Legal Unit: 188
  • Address - House Number: 1520
  • Street Direction: N
  • Address - Street Name: 81st
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C055
  • 4-Digit Zip Code: 1121
  • Zip Code: 85043

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $891
  • Tax Rate Code Area: 451300

    Appraisal Valuation

  • Standard Deviation: 0.1663
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 78
  • Final Value: 256,098
  • High Value: 298,695
  • Low Value: 213,502

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $147,999
  • First Open Lien Mortgage Lender: FIRST BANK
  • First Open Lien Mortgage Recording Date: Feb 14, 2020
  • First Open Lien Mortgage Loan Amount: $130,400
  • 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: Mar 01, 2050
  • Second Open Lien Mortgage Lender: TRELLIS
  • Second Open Lien Mortgage Recording Date: Feb 14, 2020
  • Second Open Lien Mortgage Loan Amount: $17,599
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Mar 01, 2040

    Market Valuation

  • Market Total Value: $161,800
  • Market Land Value: $32,300
  • Market Improvement Value: $129,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,180
  • Assessed Land Value: $3,230
  • Assessed Improvements Value: $12,950

    Sales

  • Current Sale Contract Date: Jan 15, 2020
  • Current Sale Recording Date: Feb 14, 2020
  • Current Sale Transaction ID: 11730542949
  • Current Sale Price: $163,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20200130786
  • Previous Sale Recording Date: Dec 23, 2019
  • Previous Sale Contract Date: Dec 13, 2019
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST BANK
  • First Mortgage Transaction Date: Feb 14, 2020
  • First Mortgage Loan Amount: $130,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2050

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Frequently Asked Questions

What neighborhood is 1520 North 81st Drive located in?
The 1520 North 81st Drive is a located in the neighborhood of Daravante Condominiums in Maryvale, Phoenix.
What is the average sales price for listings in 1520 North 81st Drive?
The average sales price for units in 1520 North 81st Drive is $0 currently.

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