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2216 West Bonanza Lane

2216 West Bonanza Lane, Phoenix, AZ 85085
Property in Deer Valley
Sold Dec 17, 2021
$515,000
$412,000 by Fairway Independent Mortgage C
Mortgage Due Jan 01, 2052
Sold Aug 16, 2016
$290,000
$435,000 by New American Funding
Mortgage
2216 West Bonanza 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 2005 and is 19 years old. Residents will have access to 3 full bathrooms. There are 3 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, 2216 West Bonanza Lane has 2,132 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 6,600 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 3 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 B 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. 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, 2216 West Bonanza Lane was last sold in Dec 14, 2021 for $515,000. According to our calculations, that's $241.56 per sqft. Prior to that sales transaction, the property was sold for $290,000 in Jul 11, 2016. Current property owners are expected to pay $3,062 in taxes per year. The property on 2216 West Bonanza Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $42,550. To break that down further, the land itself was valued at $8,510. While improvements to the property were assessed at a total of $34,040. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: B
  • 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: 3

    Dimensions

  • Lot Size Square Feet: 6,600
  • Total Building Area: 2,132
  • Gross Building Area: 2,132
  • Building Area: 2,132
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,132
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: VALLEY VISTA PARCEL A AMD
  • Land Acres: 0.152
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VALLEY VISTA PARCEL A AMD MCR 759-49

Ownership

  • Current Owner : RAVAL JAYDEEP
  • Current Owner 2: RAVAL CHANDHI
  • Previous Owner : NEARY EDWARD
  • Previous Owner 2: NEARY JANICE
  • Owner Before Previous Owner: HUNSAKER ALLEN
  • Owner Before Previous Owner 2: HUNSAKER KAREN
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Deer Valley Unified District
  • Census Tract: 612302

Zoning

  • Zoning: R-8

Geography

  • Assessors Map Reference: 75949
  • Parcel: 210-19-750
  • Lot: 328
  • Meridian: SEC 36 TWN 5N RNG 2E
  • Municipality: PHOENIX
  • Latitude: 33.7274
  • Longitude: -112.106

    Address

  • Full Address: 2216 W Bonanza Ln
  • Address - House Number: 2216
  • Street Direction: W
  • Address - Street Name: Bonanza
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: R041
  • 4-Digit Zip Code: 5762
  • Zip Code: 85085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,062
  • Tax Rate Code Area: 971300

    Appraisal Valuation

  • Standard Deviation: 0.1353
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 605,643
  • High Value: 687,607
  • Low Value: 523,678

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $412,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Dec 17, 2021
  • First Open Lien Mortgage Loan Amount: $412,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Market Valuation

  • Market Total Value: $425,500
  • Market Land Value: $85,100
  • Market Improvement Value: $340,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,550
  • Assessed Land Value: $8,510
  • Assessed Improvements Value: $34,040

    Sales

  • Current Sale Contract Date: Dec 14, 2021
  • Current Sale Recording Date: Dec 17, 2021
  • Current Sale Transaction ID: 11874559188
  • Current Sale Price: $515,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20211340366
  • Previous Sale Recording Date: Aug 16, 2016
  • Previous Sale Contract Date: Jul 11, 2016
  • Previous Sale Amount: $290,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Dec 17, 2021
  • First Mortgage Loan Amount: $412,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: NEW AMERICAN FUNDING
  • Previous Mortgage Transaction Date: Aug 16, 2016
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $435,000
  • Previous Mortgage Term: 999
  • Previous Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)

About Deer Valley



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Frequently Asked Questions

What neighborhood is 2216 West Bonanza Lane located in?
The 2216 West Bonanza Lane is a located in the neighborhood of Deer Valley in Deer Valley, Phoenix.
What is the average sales price for listings in 2216 West Bonanza Lane?
The average sales price for units in 2216 West Bonanza Lane is $0 currently.

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