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208 West Echo Lane

208 West Echo Lane, Phoenix, AZ 85021
Property in Margold
Sold Oct 10, 2014
$490,000
$392,000 by Compass Bank
Mortgage Due Nov 01, 2044
Sold Jul 02, 1997
$232,000
$185,600 by Old Kent Mtg Company
Mortgage Due Jul 01, 2027
208 West Echo Lane 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 1971 and is 53 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, 208 West Echo Lane has 3,071 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 10,067 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. Residents will have the luxury of enjoying both a unknown and a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. 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 B by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of wood. 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. 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, 208 West Echo Lane was last sold in Sep 10, 2014 for $490,000. According to our calculations, that's $159.56 per sqft. Prior to that sales transaction, the property was sold for $232,000 in May 20, 1997. Current property owners are expected to pay $4,155 in taxes per year. The property on 208 West Echo Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $64,110. To break that down further, the land itself was valued at $12,820. While improvements to the property were assessed at a total of $51,290. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 10,067
  • Total Building Area: 3,071
  • Gross Building Area: 3,071
  • Building Area: 3,071
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,071
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MARGOLD
  • Land Acres: 0.231
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MARGOLD MCR 123-29

Ownership

  • Current Owner : MCGILL LARRY
  • Previous Owner : ELLIS DAVID B
  • Previous Owner 2: ELLIS KATHERINE G
  • Owner Before Previous Owner: PITT ALAN M
  • Owner Before Previous Owner 2: PITT AMY K
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Washington Elementary District
  • Census Tract: 105300

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: 12329
  • Parcel: 160-58-017
  • Lot: 14
  • Meridian: SEC 32 TWN 3N RNG 3E
  • Municipality: PHOENIX
  • Latitude: 33.5598
  • Longitude: -112.077

    Address

  • Full Address: 208 W Echo Ln
  • Address - House Number: 208
  • Street Direction: W
  • Address - Street Name: Echo
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C006
  • 4-Digit Zip Code: 5553
  • Zip Code: 85021

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,155
  • Tax Rate Code Area: 061300

    Appraisal Valuation

  • Standard Deviation: 0.1507
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 81
  • Final Value: 994,921
  • High Value: 1,144,912
  • Low Value: 844,930

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $440,951
  • First Open Lien Mortgage Lender: COMPASS BANK
  • First Open Lien Mortgage Recording Date: Oct 10, 2014
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $392,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2044
  • Second Open Lien Mortgage Lender: COMPASS BANK
  • Second Open Lien Mortgage Recording Date: Oct 10, 2014
  • Second Open Lien Mortgage Loan Amount: $48,951
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2044

    Market Valuation

  • Market Total Value: $641,100
  • Market Land Value: $128,200
  • Market Improvement Value: $512,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $64,110
  • Assessed Land Value: $12,820
  • Assessed Improvements Value: $51,290

    Sales

  • Current Sale Contract Date: Sep 10, 2014
  • Current Sale Recording Date: Oct 10, 2014
  • Current Sale Transaction ID: 1014524250
  • Current Sale Price: $490,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2014-0674423
  • Previous Sale Recording Date: Jul 02, 1997
  • Previous Sale Contract Date: May 20, 1997
  • Previous Sale Amount: $232,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMPASS BANK
  • First Mortgage Transaction Date: Oct 10, 2014
  • First Mortgage Loan Amount: $392,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Nov 01, 2044
  • Second Mortgage Lender: COMPASS BANK
  • Second Mortgage Transaction Date: Oct 10, 2014
  • Second Current Mortgage Financing Type: Variable
  • Second Mortgage Loan Amount: $48,951
  • Second Mortgage Terms: 419
  • Second Mortgage Loan Type: Credit Line (Revolving)
  • Second Mortgage Loan Due Date: Oct 10, 2049

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: OLD KENT MTG COMPANY
  • Previous Mortgage Transaction Date: Jul 02, 1997
  • Previous Mortgage Loan Amount: $185,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2027

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Frequently Asked Questions

What neighborhood is 208 West Echo Lane located in?
The 208 West Echo Lane is a located in the neighborhood of Margold in North Mountain, Phoenix.
What is the average sales price for listings in 208 West Echo Lane?
The average sales price for units in 208 West Echo Lane is $0 currently.

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