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Phoenix 85027 Deer Valley
1601 W MOHAWK Lane
Photo of 1601 W MOHAWK Lane
Sold on Dec 12, 2024

21

Map

Photo of 1601 W MOHAWK Lane
Photo of 1601 W MOHAWK Lane
$355,000
● House - Off Market

1601 W MOHAWK Lane

Phoenix, AZ 85027
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,140 Ft²
$1,867
Est. Monthly

About This Property

Charming and cozy 3 bedroom and 2 bathroom home. The newly renovated kitchen is a standout feature, with sleek granite countertops, dark cabinetry, stainless steel appliances, all with stylish modern finishes. The open concept layout connects the kitchen to the dining area. Sitting on a generously sized lot, the property offers low maintenance landscaping, making outdoor upkeep a breeze. The large backyard provides plenty of room for outdoor activities, relaxation and potential customization. Located in a highly desired area, just minutes from schools, shopping, entertainment and freeway access.
Unit Size
1,140 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$320
Property Type
House
Property Taxes
$75
HOA Dues
-
Year Built
1979

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Cap Rate Calculator

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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: 19 days ago (ARMLS #6760485)

Price History

Date / Event Date Event Price
Dec 12, 2024 Sold
Premium
Sold
Sep 20, 2024 Listed by Jason Mitchell Real Estate $365,000
Listed by Jason Mitchell Real Estate
Mar 16, 2022 Sold
Premium
Sold
Dec 23, 2021 Listed by Jason Mitchell Real Estate $382,000
Listed by Jason Mitchell Real Estate
Oct 26, 2021 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 4
  • Building Style: 0
  • Exterior Walls Type: 4
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 2
  • Patio Type: 2
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,055
  • Total Building Area: 1,140
  • Gross Building Area: 1,140
  • Building Area: 1,140
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 10
  • Heating: 24
  • Heated Square Feet: 1,140
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DESERT VALLEY ESTATES 9
  • Land Acres: 0000000162
  • Standard Land Use Code: 1001
  • County Land Use Code: 0131
  • State Land Use Code: 0131
  • Legal Description 1: DESERT VALLEY ESTATES 9 MCR 208-45

Neighborhood

  • School District Name: Deer Valley Unified District
  • Census Tract: 614800

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: 20845
  • Parcel: 209-09-395
  • Lot: 188
  • Meridian: SEC 19 TWN 4N RNG 3E
  • Municipality: PHOENIX
  • Latitude: 33.6735
  • Longitude: -112.094

    Address

  • Full Address: 1601 W Mohawk Ln
  • Address - House Number: 1601
  • Street Direction: W
  • Address - Street Name: Mohawk
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C051
  • 4-Digit Zip Code: 3510
  • Zip Code: 85027

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $89,732
  • Tax Rate Code Area: 971300

    Appraisal Valuation

  • Standard Deviation: 0.1353
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 349,754
  • High Value: 397,088
  • Low Value: 302,420

    Market Valuation

  • Market Total Value: $232,600
  • Market Land Value: $46,500
  • Market Improvement Value: $186,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,260
  • Assessed Land Value: $4,650
  • Assessed Improvements Value: $18,610

    Sales

  • Current Sale Contract Date: Mar 16, 2022
  • Current Sale Recording Date: Mar 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 237964
  • Previous Sale Recording Date: Oct 26, 2021
  • Previous Sale Contract Date: Oct 25, 2021
  • Previous Sale Amount: $332,700
  • 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

1904 ft²

Average Home Age

33.5 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 1 W Piute Avenue, Phoenix, AZ, 85027

$2,499 /mo

  • 3 Beds
  • 2 Baths
  • 1,456 ft²
1 W Piute Avenue, Phoenix, AZ, 85027 Listing by Jennie Miller
Unit for rent at 815 E Grovers Avenue, Phoenix, AZ, 85022

$1,890 /mo

  • 2 Beds
  • 3 Baths
  • 1,390 ft²
815 E Grovers Avenue #UNIT66, Phoenix, AZ, 85022 Listing by Deniz Bayramoglu
Unit for rent at 1727 W Michigan Avenue, Phoenix, AZ, 85023

$2,195 /mo

  • 4 Beds
  • 3 Baths
  • 1,652 ft²
1727 W Michigan Avenue, Phoenix, AZ, 85023 Listing by Tiffany Beyer

Rentals Near You

Click here to view more rentals in the neighborhood.
ARMLS

Listed by: Theresa Franco, Jason Mitchell Real Estate
Last Updated: 19 days ago
Data Source: ARMLS, MLS# 6760485
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 1601 West Mohawk Lane built and last sold?
The property at 1601 West Mohawk Lane was built in 1979 and last sold on Mar 16, 2022 for $357,500.
How much is this home worth?
The estimated value of the home located at 1601 West Mohawk Lane is $365,481.
What are some comparable homes to 1601 West Mohawk Lane?
There are currently no comparable homes to 1601 West Mohawk Lane.
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