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16032 South 31st Way

16032 South 31st Way, Phoenix, AZ 85048
Sold Dec 17, 2021
$695,000
$475,000 by Paramount Residential Mortgage
Mortgage Due Jan 01, 2052
Sold May 20, 2019
$455,000
$273,000 by United Wholesale Mortgage
Mortgage Due Jun 01, 2049
Local assessors in Phoenix, AZ have categorized 16032 South 31st Way as a residential type of property. The home was built in 1993 and is 31 years old. The property's lot size has been calculated to be 7,383 square feet. As for the restroom situation, there are 4 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 16032 South 31st Way has a total of 3,076 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a roof that is made of concrete. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on a refrigeration air conditioning system for their cooling system. The home's a heating system is the primary heating source. 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, 16032 South 31st Way sold most recently in Oct 16, 2021 for a total of $695,000. If you work out the math, that's approximately a cost of $225.94 per sqft. Before that, the property was also sold for $455,000 in Apr 15, 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 $3,600 in taxes each year. 16032 South 31st Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $54,930. If we break it down further, the land itself was valued at $10,980. Improvements to the property, however, were assessed at a total of $43,950. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

Building Features

Exterior

Stucco Exterior

Parking

Garage Parking
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,383
  • Total Building Area: 3,076
  • Gross Building Area: 3,076
  • Building Area: 3,076
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,076
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MOUNTAIN PARK RANCH UNIT 44/45B LOT 1-12
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MOUNTAIN PARK RANCH UNIT 44/45B LOT 1-122 TR A-F MCR 351-37

Ownership

  • Current Owner : JOHNSON HOLLY A
  • Current Owner 2: JOHNSON JILL MALINA
  • Previous Owner : LARSEN SHAUN AARON
  • Previous Owner 2: LARSEN JULI ANN
  • Owner Before Previous Owner: FEHNEL KEITH A
  • Owner Before Previous Owner 2: FEHNEL LISA G
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Tempe Union High School District
  • Census Tract: 116714

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: 35137
  • Parcel: 306-06-045
  • Lot: 45
  • Meridian: SEC 35 TWN 1S RNG 3E
  • Municipality: PHOENIX
  • Latitude: 33.3005
  • Longitude: -112.017

    Address

  • Full Address: 16032 S 31st St
  • Legal Unit: 44/45B
  • Address - House Number: 16032
  • Street Direction: S
  • Address - Street Name: 31st
  • Address - Suffix Type: St
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C022
  • 4-Digit Zip Code: 7721
  • Zip Code: 85048

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,600
  • Tax Rate Code Area: 281300

    Appraisal Valuation

  • Standard Deviation: 0.1437
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 773,464
  • High Value: 884,637
  • Low Value: 662,291

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $475,000
  • First Open Lien Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Dec 17, 2021
  • First Open Lien Mortgage Loan Amount: $475,000
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $549,300
  • Market Land Value: $109,800
  • Market Improvement Value: $439,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $54,930
  • Assessed Land Value: $10,980
  • Assessed Improvements Value: $43,950

    Sales

  • Current Sale Contract Date: Oct 16, 2021
  • Current Sale Recording Date: Dec 17, 2021
  • Current Sale Transaction ID: 11874559630
  • Current Sale Price: $695,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20211340460
  • Previous Sale Recording Date: May 20, 2019
  • Previous Sale Contract Date: Apr 15, 2019
  • Previous Sale Amount: $455,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: Dec 17, 2021
  • First Mortgage Loan Amount: $475,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • Previous Mortgage Transaction Date: May 20, 2019
  • Previous Mortgage Loan Amount: $273,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2049

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Frequently Asked Questions

What neighborhood is 16032 South 31st Way located in?
The 16032 South 31st Way is a house located in the neighborhood of Mountain Park Ranch in Ahwatukee Foothills, Phoenix.
What is the average sales price for listings in 16032 South 31st Way?
The average sales price for units in 16032 South 31st Way is $0 currently.

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