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1709 East Moreland Street

1709 East Moreland Street, Phoenix, AZ 85006
Multifamily in Douglas
Sold Sep 30, 2020
$350,000
$297,500 by New West Lending Inc
Mortgage Due Oct 01, 2050
Sold Jun 01, 2020
$205,000
$175,000 by Financial Alternative Solution
Mortgage
Local assessors in Phoenix, AZ have categorized 1709 East Moreland Street as a residential type of property. The home was built in 1958 and is 66 years old. The property's lot size has been calculated to be 7,920 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 1709 East Moreland Street has a total of 1,544 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. 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 - C. The building has a roof that is made of composition shingle. Lots of concrete block were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit 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, 1709 East Moreland Street sold most recently in Aug 11, 2020 for a total of $350,000. If you work out the math, that's approximately a cost of $226.68 per sqft. Before that, the property was also sold for $205,000 in May 18, 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 $658 in taxes each year. 1709 East Moreland Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $23,450. If we break it down further, the land itself was valued at $4,690. Improvements to the property, however, were assessed at a total of $18,760. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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

Parking

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

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: C
  • Construction Type: Tilt-up (pre-cast concrete)
  • Building Style: Duplex
  • Exterior Walls Type: Concrete block
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 2
  • Business/Commerical Units Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,920
  • Total Building Area: 1,544
  • Gross Building Area: 1,544
  • Building Area: 1,544
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,544
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DOUGLAS ADD.
  • Land Acres: 0.182
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: DOUGLAS ADD. MCR 43/21

Ownership

  • Current Owner : QUINTERO BREYDA ALEJANDRA CHAVEZ
  • Previous Owner : MARGARITAS HOUSE CLEANING SERVICES LLC
  • Owner Before Previous Owner: CUSTON CARE & FINANCIAL SOLUTIONS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Phoenix Elementary District
  • Census Tract: 113301

Zoning

  • Zoning: C-C

Geography

  • Assessors Map Reference: 4321
  • Parcel: 116-15-001-B
  • Lot: 1
  • Meridian: SEC 3 TWN 1N RNG 3E
  • Municipality: PHOENIX
  • Latitude: 33.4612
  • Longitude: -112.045

    Address

  • Full Address: 1709 E Moreland St
  • Address - House Number: 1709
  • Street Direction: E
  • Address - Street Name: Moreland
  • Address - Suffix Type: St
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C018
  • 4-Digit Zip Code: 3010
  • Zip Code: 85006

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $658
  • Tax Rate Code Area: 011300

    Appraisal Valuation

  • Standard Deviation: 0.1599
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 80
  • Final Value: 473,914
  • High Value: 549,740
  • Low Value: 398,088

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $297,500
  • First Open Lien Mortgage Lender: NEW WEST LENDING INC
  • First Open Lien Mortgage Recording Date: Sep 30, 2020
  • First Open Lien Mortgage Loan Amount: $297,500
  • 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: Oct 01, 2050

    Market Valuation

  • Market Total Value: $234,500
  • Market Land Value: $46,900
  • Market Improvement Value: $187,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,450
  • Assessed Land Value: $4,690
  • Assessed Improvements Value: $18,760

    Sales

  • Current Sale Contract Date: Aug 11, 2020
  • Current Sale Recording Date: Sep 30, 2020
  • Current Sale Transaction ID: 11789557707
  • Current Sale Price: $350,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20200928939
  • Previous Sale Recording Date: Jun 01, 2020
  • Previous Sale Contract Date: May 18, 2020
  • Previous Sale Amount: $205,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEW WEST LENDING INC
  • First Mortgage Transaction Date: Sep 30, 2020
  • First Mortgage Loan Amount: $297,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FINANCIAL ALTERNATIVE SOLUTION
  • Previous Mortgage Transaction Date: Jun 01, 2020
  • Previous Mortgage Loan Amount: $175,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Central City



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Frequently Asked Questions

What neighborhood is 1709 East Moreland Street located in?
The 1709 East Moreland Street is a multifamily located in the neighborhood of Douglas in Central City, Phoenix.
What is the average sales price for listings in 1709 East Moreland Street?
The average sales price for units in 1709 East Moreland Street is $250,000 , or $162/sqft. currently.

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