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1602 North 56th Drive

1602 North 56th Drive, Phoenix, AZ 85035
Property in Maryvale
Sold Dec 15, 2010
$55,800
$82,872 by Irwin Mtg Corp
Mortgage Due Sep 01, 2030
Sold May 23, 2005
$140,000
$112,000 by Lime Financial Services Ltd
Mortgage Due Jun 01, 2035
1602 North 56th 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 1970 and is 54 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1602 North 56th Drive has 1,240 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 6,891 square feet.

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 are a total of 2 available parking spaces. 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 concrete block 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. The exterior walls of the building are made of block. 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. 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, 1602 North 56th Drive sold most recently in Dec 7, 2010 for a total of $55,800. If you work out the math, that's approximately a cost of $45.00 per sqft. Before that, the property was also sold for $140,000 in May 14, 2005. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $917 in taxes each year. 1602 North 56th Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $21,750. If we break it down further, the land itself was valued at $4,350. Improvements to the property, however, were assessed at a total of $17,400. 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. 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!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: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Concrete block
  • Exterior Walls Type: Block
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,891
  • Total Building Area: 1,240
  • Gross Building Area: 1,240
  • Building Area: 1,240
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,240
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MARYVALE TERRACE NO. 40
  • Land Acres: 0.158
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MARYVALE TERRACE NO. 40 MCR 128-07

Ownership

  • Current Owner : DEUTSCHE BANK NATIONAL TRUST COMPANY
  • Previous Owner : IBARRA EUSEBIO
  • Owner Before Previous Owner: GARIBALDI ROLANDO

Neighborhood

  • School District Name: Cartwright Elementary District
  • Census Tract: 112402

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: 12807
  • Parcel: 103-16-310
  • Lot: 103
  • Meridian: SEC 32 TWN 2N RNG 2E
  • Municipality: PHOENIX
  • Latitude: 33.4663
  • Longitude: -112.181

    Address

  • Full Address: 1602 N 56th Dr
  • Address - House Number: 1602
  • Street Direction: N
  • Address - Street Name: 56th
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C055
  • 4-Digit Zip Code: 4941
  • Zip Code: 85035

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $917
  • Tax Rate Code Area: 831300

    Appraisal Valuation

  • Standard Deviation: 0.1592
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 80
  • Final Value: 323,093
  • High Value: 374,543
  • Low Value: 271,643

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $82,872
  • First Open Lien Mortgage Lender: IRWIN MTG CORP
  • First Open Lien Mortgage Recording Date: Aug 31, 2000
  • First Open Lien Mortgage Loan Amount: $82,872
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2030

    Market Valuation

  • Market Total Value: $217,500
  • Market Land Value: $43,500
  • Market Improvement Value: $174,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,750
  • Assessed Land Value: $4,350
  • Assessed Improvements Value: $17,400

    Sales

  • Current Sale Contract Date: Dec 07, 2010
  • Current Sale Recording Date: Dec 15, 2010
  • Current Sale Transaction ID: 1012320661
  • Current Sale Price: $55,800
  • Current Sale Document Type: Trustee's Deed (Certificate of Title)
  • Current Sale Input Document Number: 2010-1092109
  • Previous Sale Recording Date: May 23, 2005
  • Previous Sale Contract Date: May 14, 2005
  • Previous Sale Amount: $140,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: LIME FINANCIAL SERVICES LTD
  • Previous Mortgage Transaction Date: May 23, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $112,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jun 01, 2035

About Maryvale



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Frequently Asked Questions

What neighborhood is 1602 North 56th Drive located in?
The 1602 North 56th Drive is a located in the neighborhood of Maryvale in Maryvale, Phoenix.
What is the average sales price for listings in 1602 North 56th Drive?
The average sales price for units in 1602 North 56th Drive is $0 currently.

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