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1815 East Hamel Way

1815 East Hamel Way, Phoenix, AZ 85022
Sold Mar 10, 2023
$33,007,450
Sold Mar 01, 2022
$415,000
1815 East Hamel Way 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 2001 and is 23 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, 1815 East Hamel Way has 1,237 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 3,779 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 frame 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 concrete. The exterior walls of the building are made of a combination of material. 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. Finally, the property is currently sourcing its water from a water system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 1815 East Hamel Way sold most recently in Mar 8, 2023 for a total of $33,007,450. If you work out the math, that's approximately a cost of $26,683.47 per sqft. Before that, the property was also sold for $415,000 in Feb 28, 2022. 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 $1,494 in taxes each year. 1815 East Hamel Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $28,470. If we break it down further, the land itself was valued at $5,690. Improvements to the property, however, were assessed at a total of $22,780. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • 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: Frame
  • Exterior Walls Type: Combination
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,779
  • Total Building Area: 1,237
  • Gross Building Area: 1,237
  • Building Area: 1,237
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,237
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SPUR CROSSING
  • Land Acres: 0.087
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SPUR CROSSING MCR 424-46

Ownership

  • Current Owner : BAF ASSETS 6 LLC
  • Previous Owner : BAF 3 LLC
  • Owner Before Previous Owner: CHANG ROBERT T J
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Paradise Valley Unified District
  • Census Tract: 103606

Zoning

  • Zoning: M-L

Geography

  • Assessors Map Reference: 42446
  • Parcel: 214-20-431
  • Lot: 4
  • Meridian: SEC 3 TWN 3N RNG 3E
  • Municipality: PHOENIX
  • Latitude: 33.6382
  • Longitude: -112.043

    Address

  • Full Address: 1815 E Hamel Way
  • Address - House Number: 1815
  • Street Direction: E
  • Address - Street Name: Hamel
  • Address - Suffix Type: Way
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C018
  • 4-Digit Zip Code: 2851
  • Zip Code: 85022

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,494
  • Tax Rate Code Area: 691300

    Appraisal Valuation

  • Standard Deviation: 0.1543
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 81
  • Final Value: 411,462
  • High Value: 474,987
  • Low Value: 347,936

    Market Valuation

  • Market Total Value: $284,700
  • Market Land Value: $56,900
  • Market Improvement Value: $227,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,470
  • Assessed Land Value: $5,690
  • Assessed Improvements Value: $22,780

    Sales

  • Current Sale Contract Date: Mar 08, 2023
  • Current Sale Recording Date: Mar 10, 2023
  • Current Sale Transaction ID: 11903342523
  • Current Sale Price: $33,007,450
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 121792
  • Previous Sale Recording Date: Mar 01, 2022
  • Previous Sale Contract Date: Feb 28, 2022
  • Previous Sale Amount: $415,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GERMAN AMERICAN CAPITAL CORPOR
  • First Mortgage Transaction Date: Mar 10, 2023
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Apr 07, 2028

About Paradise Valley



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Frequently Asked Questions

What neighborhood is 1815 East Hamel Way located in?
The 1815 East Hamel Way is a house located in the neighborhood of Spur Crossing in Paradise Valley, Phoenix.
What is the average sales price for listings in 1815 East Hamel Way?
The average sales price for units in 1815 East Hamel Way is $0 currently.

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