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1625 West Tonto Street

1625 West Tonto Street, Phoenix, AZ 85007
Multifamily in Central City South
1 Units For Sale
Unit for sale at 1625 W TONTO Street, Phoenix, AZ 85007

$550,000

  • Studio
1625 W TONTO Street, Phoenix, AZ 85007 Listing by Mark A Sumstine

Local assessors in Phoenix, AZ have categorized 1625 West Tonto Street as a residential type of property. The home was built in 2006 and is 18 years old. The property's lot size has been calculated to be 6,421 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1625 West Tonto Street has a total of 2,180 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. The home sources its water from a water system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. The garage on the property is 400 sqft. Moving onto specific details regarding the building. Our sources show that the building condition is poor. 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 tilt-up (pre-cast concrete) 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 asphalt and ply sheets in a built-up roof style. Lots of concrete block were used in the construction of the exterior walls of the home. Residents rely on a packaged air conditioning unit 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, 1625 West Tonto Street sold most recently in Jan 27, 2023 for a total of $499,000. If you work out the math, that's approximately a cost of $228.90 per sqft. Before that, the property was also sold for $300,000 in Sep 9, 2020. 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 $1,268 in taxes each year. 1625 West Tonto Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $30,810. If we break it down further, the land itself was valued at $6,160. Improvements to the property, however, were assessed at a total of $24,650. 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!

Building Features

Parking

Carport
Paved Parking
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220516
05/16/2022
Studio
-
-
$550,000
bedrooms
Studio
bathrooms
-
-
-
-
Mark A Sumstine
Realty ONE Group
20191228
12/28/2019
Studio
-
-
$310,000
bedrooms
Studio
bathrooms
-
$300,000 -3.23%
09/10/2020
John Brophy

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Poor
  • Building Quality: B
  • Construction Type: Tilt-up (pre-cast concrete)
  • Building Style: Duplex
  • Exterior Walls Type: Concrete block
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Living Units: 2
  • Business/Commerical Units Count: 2
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 400
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,421
  • Total Building Area: 2,180
  • Gross Building Area: 2,180
  • Building Area: 2,180
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 2,180
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: EAST GRIER PLACE
  • Land Acres: 0.147
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: EAST GRIER PLACE MCR 24/27

Ownership

  • Current Owner : LTS PROPERTIES LLC
  • Previous Owner : RATZ PETRA
  • Previous Owner 2: RATZ VICTOR
  • Owner Before Previous Owner: HALLER JOHN C
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Phoenix Elementary District
  • Census Tract: 114302

Zoning

  • Zoning: M-H

Geography

  • Assessors Map Reference: 2427
  • Parcel: 112-14-029
  • Block: 3
  • Lot: 13
  • Meridian: SEC 7 TWN 1N RNG 3E
  • Municipality: PHOENIX
  • Latitude: 33.4383
  • Longitude: -112.095

    Address

  • Full Address: 1625 W Tonto St
  • Address - House Number: 1625
  • Street Direction: W
  • Address - Street Name: Tonto
  • Address - Suffix Type: St
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C016
  • 4-Digit Zip Code: 3596
  • Zip Code: 85007

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,268
  • Tax Rate Code Area: 011300

    Appraisal Valuation

  • Standard Deviation: 0.0598
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 97
  • Final Value: 546,671
  • High Value: 579,397
  • Low Value: 513,945

    Market Valuation

  • Market Total Value: $308,100
  • Market Land Value: $61,600
  • Market Improvement Value: $246,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,810
  • Assessed Land Value: $6,160
  • Assessed Improvements Value: $24,650

    Sales

  • Current Sale Contract Date: Jan 27, 2023
  • Current Sale Recording Date: Jan 27, 2023
  • Current Sale Transaction ID: 11901391617
  • Current Sale Price: $499,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 45883
  • Previous Sale Recording Date: Sep 10, 2020
  • Previous Sale Contract Date: Sep 09, 2020
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARCHWEST FUNDING LLC
  • First Mortgage Transaction Date: Jan 27, 2023
  • First Mortgage Loan Amount: $374,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Credit Line (Revolving)
  • First Mortgage Loan Due Date: Feb 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • Previous Mortgage Transaction Date: Sep 10, 2020
  • Previous Mortgage Loan Amount: $225,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2050

About Central City



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Frequently Asked Questions

What neighborhood is 1625 West Tonto Street located in?
The 1625 West Tonto Street is a multifamily located in the neighborhood of Central City South in Central City, Phoenix.
How many listings are currently for sale in 1625 West Tonto Street?
There is one unit for sale right now.
What is the average sales price for listings in 1625 West Tonto Street?
The average sales price for units in 1625 West Tonto Street is $310,000 currently.

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