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16041 South 31st Way

16041 South 31st Way, Phoenix, AZ 85048
Sold Aug 20, 2018
$415,000
$338,000 by Newrez Llc
Mortgage Due Aug 01, 2050
Sold Mar 26, 2013
$356,000
$338,200 by Freedom Home Mortgage Corp (fn
Mortgage Due Apr 01, 2043
16041 South 31st Way in Phoenix, AZ was first built in 1994 and is 30 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 16041 South 31st Way has 3,176 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 7,161 square feet.

Learn more about the property and building on this page. There is a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The roof of the home is made of concrete. For those who need parking, there is a garage. There are a total of 3 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with a refrigeration air conditioning system. As for heating, the home 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, 16041 South 31st Way sold most recently in Aug 20, 2018 for a total of $415,000. If you work out the math, that's approximately a cost of $130.67 per sqft. Before that, the property was also sold for $356,000 in Mar 19, 2013. 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 $3,585 in taxes each year. 16041 South 31st Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $50,320. If we break it down further, the land itself was valued at $10,060. Improvements to the property, however, were assessed at a total of $40,260. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1994
  • Effective Year Built: 1994
  • 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: 7,161
  • Total Building Area: 3,176
  • Gross Building Area: 3,176
  • Building Area: 3,176
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,176
  • 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: 0.164
  • 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 : JACOBS LAWRENCE
  • Current Owner 2: JACOBS JOAN
  • Previous Owner : NAIR VIJAYNATH J
  • Previous Owner 2: AMBAT LALITHA
  • Owner Before Previous Owner: HUYCHINSON WAYNE REED
  • Owner Before Previous Owner 2: HUTCHINSON SANGKIM
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: 35137
  • Parcel: 306-06-002
  • Lot: 2
  • Meridian: SEC 35 TWN 1S RNG 3E
  • Municipality: PHOENIX
  • Latitude: 33.3003
  • Longitude: -112.015

    Address

  • Full Address: 16041 S 31st Way
  • Legal Unit: 44/45B
  • Address - House Number: 16041
  • Street Direction: S
  • Address - Street Name: 31st
  • Address - Suffix Type: Way
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C022
  • 4-Digit Zip Code: 7725
  • Zip Code: 85048

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,585
  • Tax Rate Code Area: 281300

    Appraisal Valuation

  • Standard Deviation: 0.1458
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 82
  • Final Value: 816,736
  • High Value: 935,870
  • Low Value: 697,601

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $338,000
  • First Open Lien Mortgage Lender: NEWREZ LLC
  • First Open Lien Mortgage Recording Date: Aug 07, 2020
  • First Open Lien Mortgage Loan Amount: $338,000
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $503,200
  • Market Land Value: $100,600
  • Market Improvement Value: $402,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $50,320
  • Assessed Land Value: $10,060
  • Assessed Improvements Value: $40,260

    Sales

  • Current Sale Contract Date: Aug 20, 2018
  • Current Sale Recording Date: Aug 20, 2018
  • Current Sale Transaction ID: 11494791975
  • Current Sale Price: $415,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20180630418
  • Previous Sale Recording Date: Mar 26, 2013
  • Previous Sale Contract Date: Mar 19, 2013
  • Previous Sale Amount: $356,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Aug 20, 2018
  • First Mortgage Loan Amount: $332,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: FREEDOM HOME MORTGAGE CORP (FN
  • Previous Mortgage Transaction Date: Mar 26, 2013
  • Previous Mortgage Loan Amount: $338,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Apr 01, 2043

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Frequently Asked Questions

What neighborhood is 16041 South 31st Way located in?
The 16041 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 16041 South 31st Way?
The average sales price for units in 16041 South 31st Way is $0 currently.

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