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1844 East Sheridan Street

1844 East Sheridan Street, Phoenix, AZ 85006
Multifamily in Greenfield Acres
Sold Feb 16, 2022
$420,000
$525,000 by Vontive Inc
Mortgage
Sold Jun 22, 2012
$85,000
$63,750 by The Lending Company Inc
Mortgage Due Jul 01, 2042
1844 East Sheridan Street 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 1958 and is 66 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1844 East Sheridan Street has 1,815 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 8,400 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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 tilt-up (pre-cast concrete) 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 asphalt and ply sheets in a built-up roof style. The exterior walls of the building are made of concrete block. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1844 East Sheridan Street was last sold in Feb 11, 2022 for $420,000. According to our calculations, that's $231.40 per sqft. Prior to that sales transaction, the property was sold for $85,000 in Jun 21, 2012. Current property owners are expected to pay $975 in taxes per year. The property on 1844 East Sheridan Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $33,300. To break that down further, the land itself was valued at $6,660. While improvements to the property were assessed at a total of $26,640. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Block Exterior
Stucco Exterior
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 Condition: Average
  • Building Quality: C
  • 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
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,400
  • Total Building Area: 1,815
  • Gross Building Area: 1,815
  • Building Area: 1,815
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,815
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GREENFIELD ACRES TRACT 2
  • Land Acres: 0.193
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: GREENFIELD ACRES TRACT 2 MCR 14/02

Ownership

  • Current Owner : YSLETA INVESTMENTS LLC
  • Previous Owner : LULU TRUST
  • Owner Before Previous Owner: ENTREPRENEUR OPPORTUNITY FUND I LP
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Mar 26, 2024

Neighborhood

  • School District Name: Phoenix Union High School District
  • Census Tract: 111602

Zoning

  • Zoning: M-M

Geography

  • Assessors Map Reference: 1402
  • Subdivision Tract Number: 2
  • Parcel: 117-06-043-P
  • Lot: 40
  • Meridian: SEC 34 TWN 2N RNG 3E
  • Municipality: PHOENIX
  • Latitude: 33.4751
  • Longitude: -112.042

    Address

  • Full Address: 1844 E Sheridan St
  • Address - House Number: 1844
  • Street Direction: E
  • Address - Street Name: Sheridan
  • Address - Suffix Type: St
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C007
  • 4-Digit Zip Code: 1816
  • Zip Code: 85006

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $975
  • Tax Rate Code Area: 141300

    Appraisal Valuation

  • Standard Deviation: 0.0598
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 97
  • Final Value: 819,844
  • High Value: 868,924
  • Low Value: 770,765

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $525,000
  • First Open Lien Mortgage Lender: VONTIVE INC
  • First Open Lien Mortgage Recording Date: Jul 27, 2023
  • First Open Lien Mortgage Loan Amount: $525,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $333,000
  • Market Land Value: $66,600
  • Market Improvement Value: $266,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,300
  • Assessed Land Value: $6,660
  • Assessed Improvements Value: $26,640

    Sales

  • Current Sale Contract Date: Feb 11, 2022
  • Current Sale Recording Date: Feb 16, 2022
  • Current Sale Transaction ID: 11879624968
  • Current Sale Price: $420,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 145201
  • Previous Sale Recording Date: Jun 22, 2012
  • Previous Sale Contract Date: Jun 21, 2012
  • Previous Sale Amount: $85,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CERTAIN LENDING INC
  • First Mortgage Transaction Date: Feb 16, 2022
  • First Mortgage Loan Amount: $562,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan

    Previous Mortgages

  • Previous Mortgage Lender: THE LENDING COMPANY INC
  • Previous Mortgage Transaction Date: Jun 22, 2012
  • Previous Mortgage Loan Amount: $63,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2042

About Encanto



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Frequently Asked Questions

What neighborhood is 1844 East Sheridan Street located in?
The 1844 East Sheridan Street is a multifamily located in the neighborhood of Greenfield Acres in Encanto, Phoenix.
What is the average sales price for listings in 1844 East Sheridan Street?
The average sales price for units in 1844 East Sheridan Street is $0 currently.

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