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2033 West Madison Street

2033 West Madison Street, Phoenix, AZ 85009
Multifamily in Central City
Sold Jun 15, 2016
$140,000
$101,500 by Finance Of America Mortgage Ll
Mortgage Due Nov 01, 2035
Sold Jan 09, 2014
$79,900
$69,900 by Brandory Investments Llc
Mortgage
Local assessors in Phoenix, AZ have categorized 2033 West Madison Street as a residential type of property. The home was built in 1961 and is 63 years old. The property's lot size has been calculated to be 7,000 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 2033 West Madison Street has a total of 2,525 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 242 sqft. Moving onto specific details regarding the building. Our sources show that the building condition is fair. 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 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 evaporative cooler for their cooling system. 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, 2033 West Madison Street was last sold in Mar 1, 2016 for $140,000. According to our calculations, that's $55.45 per sqft. Prior to that sales transaction, the property was sold for $79,900 in Jan 8, 2014. Current property owners are expected to pay $827 in taxes per year. The property on 2033 West Madison Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $29,480. To break that down further, the land itself was valued at $5,890. While improvements to the property were assessed at a total of $23,590. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

Parking

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

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 2
  • Bedroom Count: 0
  • Building Condition: Fair
  • 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: 3
  • Business/Commerical Units Count: 3
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 242
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,000
  • Total Building Area: 2,525
  • Gross Building Area: 2,525
  • Building Area: 2,525
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Evaporative cooler
  • Heating: unknown
  • Heated Square Feet: 2,525
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CAPITOL ADDITION
  • Land Acres: 0.161
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: CAPITOL ADDITION MCR 2-13

Ownership

  • Current Owner : MEDLEN JOHN
  • Previous Owner : MONOURY ALAIN LUCIEN
  • Owner Before Previous Owner: BRANDORY INVESTMENTS LLC
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Phoenix Elementary District
  • Census Tract: 114402

Zoning

  • Zoning: M-H

Geography

  • Assessors Map Reference: 213
  • Parcel: 109-49-054
  • Block: 35
  • Lot: 9
  • Meridian: SEC 12 TWN 1N RNG 2E
  • Municipality: PHOENIX
  • Latitude: 33.4456
  • Longitude: -112.104

    Address

  • Full Address: 2033 W Madison St
  • Address - House Number: 2033
  • Street Direction: W
  • Address - Street Name: Madison
  • Address - Suffix Type: St
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C035
  • 4-Digit Zip Code: 5270
  • Zip Code: 85009

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $827
  • Tax Rate Code Area: 011300

    Appraisal Valuation

  • Standard Deviation: 0.0598
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 97
  • Final Value: 645,689
  • High Value: 684,343
  • Low Value: 607,036

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $101,500
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Open Lien Mortgage Recording Date: Oct 27, 2020
  • First Open Lien Mortgage Loan Amount: $101,500
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2035

    Market Valuation

  • Market Total Value: $294,800
  • Market Land Value: $58,900
  • Market Improvement Value: $235,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,480
  • Assessed Land Value: $5,890
  • Assessed Improvements Value: $23,590

    Sales

  • Current Sale Contract Date: Mar 01, 2016
  • Current Sale Recording Date: Jun 15, 2016
  • Current Sale Transaction ID: 1598184854
  • Current Sale Price: $140,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016-0417801
  • Previous Sale Recording Date: Jan 09, 2014
  • Previous Sale Contract Date: Jan 08, 2014
  • Previous Sale Amount: $79,900
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERIFIRST FINANCIAL INC
  • First Mortgage Transaction Date: Jun 15, 2016
  • First Mortgage Loan Amount: $105,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jul 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: BRANDORY INVESTMENTS LLC
  • Previous Mortgage Transaction Date: Jan 09, 2014
  • Previous Mortgage Loan Amount: $69,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Seller take-back

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Frequently Asked Questions

What neighborhood is 2033 West Madison Street located in?
The 2033 West Madison Street is a multifamily located in the neighborhood of Central City in Central City, Phoenix.
What is the average sales price for listings in 2033 West Madison Street?
The average sales price for units in 2033 West Madison Street is $0 currently.

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