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Phoenix 85008 Papago Vista
2016 N 38TH Street
Photo of 2016 N 38TH Street
Sold on May 29, 2024

47

Map

Photo of 2016 N 38TH Street
Photo of 2016 N 38TH Street
$535,000
● House - Off Market

2016 N 38TH Street

Phoenix, AZ 85008
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,621 Ft²
$2,849
Est. Monthly
5.68%
Cap Rate

About This Property

Step into timeless elegance with this captivating 3-bed, 2-bath home nestled on an expansive 11,378 sqft lot. Boasting an inviting split floor plan, the master bedroom entices with its spacious walk-in closet, while the kitchen beckons with granite countertops, a kitchen island, and a charming breakfast bar. Outside, discover a tranquil retreat with a patio, ample storage, and artificial grass in the front yard for low-maintenance charm. The vast backyard, bordered by block fencing, offers endless potential for customization, presenting a canvas ripe for the seller's imagination to flourish. Welcome to a residence where every detail exudes comfort and possibility.
Unit Size
1,621 Ft²
Days on Market
27 days
Land Size
0.26 acres
Price per sqft
$339
Property Type
House
Property Taxes
$148
HOA Dues
-
Year Built
1950

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (ARMLS #6695536)

Price History

Date / Event Date Event Price
May 29, 2024 Sold
Premium
Sold
Apr 23, 2024 Listed by My Home Group Real Estate $550,000
Listed by My Home Group Real Estate
Oct 10, 2017 Sold
Premium
Sold
Mar 17, 2016 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 1
  • Patio Type: 38
  • Porch Type: 29
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,378
  • Total Building Area: 1,621
  • Gross Building Area: 1,621
  • Building Area: 1,621
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 10
  • Heating: 24
  • Heated Square Feet: 1,621
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PAPAGO VISTA
  • Land Acres: 0000000261
  • Standard Land Use Code: 1001
  • County Land Use Code: 0131
  • State Land Use Code: 0131
  • Legal Description 1: PAPAGO VISTA MCR 35/01

Neighborhood

  • School District Name: Phoenix Union High School District
  • Census Tract: 111402

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: 3501
  • Parcel: 120-14-043
  • Block: 4
  • Lot: 7
  • Meridian: SEC 36 TWN 2N RNG 3E
  • Municipality: PHOENIX
  • Latitude: 33.4697
  • Longitude: -112

    Address

  • Full Address: 2016 N 38th St
  • Address - House Number: 2016
  • Street Direction: N
  • Address - Street Name: 38th
  • Address - Suffix Type: St
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C005
  • 4-Digit Zip Code: 3011
  • Zip Code: 85008

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $177,870
  • Tax Rate Code Area: 141300

    Appraisal Valuation

  • Standard Deviation: 0.1498
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 81
  • Final Value: 527,675
  • High Value: 606,757
  • Low Value: 448,594

    Market Valuation

  • Market Total Value: $369,700
  • Market Land Value: $73,900
  • Market Improvement Value: $295,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,970
  • Assessed Land Value: $7,390
  • Assessed Improvements Value: $29,580

    Sales

  • Current Sale Contract Date: Oct 05, 2017
  • Current Sale Recording Date: Oct 10, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017-0749516
  • Previous Sale Recording Date: Mar 17, 2016
  • Previous Sale Contract Date: Feb 04, 2016
  • Previous Sale Amount: $176,145
  • Previous Sale Document Type: 71

    Previous Mortgages

  • Previous Mortgage Loan Type:
    Premium
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Camelback East

Stats & Trends

Median Asking:

$670,000

Sale Price/ft²

$388

Below Asking

0.03%

Average Days on Market

92

Average Home Size

2258 ft²

Average Home Age

41.6 years

Currently For Sale

795 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2601 E Clarendon Avenue, Phoenix, AZ, 85016

$3,000 /mo

  • 3 Beds
  • 3 Baths
  • 1,996 ft²
2601 E Clarendon Avenue #3, Phoenix, AZ, 85016 Listing by Beth M Rider
Unit for rent at 3441 E Avalon Drive, Phoenix, AZ, 85018

$2,750 /mo

  • 3 Beds
  • 3 Baths
  • 1,651 ft²
3441 E Avalon Drive, Phoenix, AZ, 85018 Listing by Ryan Gaertner
Unit for rent at 4140 N 35th Way, Phoenix, AZ, 85018

$2,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,545 ft²
4140 N 35th Way, Phoenix, AZ, 85018 Listing by Christopher Lopez

Rentals Near You

Click here to view more rentals in the neighborhood.
ARMLS

Listed by: George Laughton, My Home Group Real Estate
Last Updated: 5 months ago
Data Source: ARMLS, MLS# 6695536
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 2016 North 38th Street built and last sold?
The property at 2016 North 38th Street was built in 1950 and last sold on Oct 5, 2017 for $289,000.
How much is this home worth?
The estimated value of the home located at 2016 North 38th Street is $558,917.
What are some comparable homes to 2016 North 38th Street?
There are currently no comparable homes to 2016 North 38th Street.
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