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2309 North 48th Drive

2309 North 48th Drive, Phoenix, AZ 85035
Property in Wedgewood Park
Sold Oct 18, 2016
$141,000
$179,000 by Jpmorgan Chase Bank Na
Mortgage Due Jan 01, 2052
Sold Apr 30, 2015
$40,000
2309 North 48th Drive 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 1962 and is 62 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, 2309 North 48th Drive has 1,742 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 6,020 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 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 concrete block 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. The exterior walls of the building are made of block. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2309 North 48th Drive sold most recently in Sep 8, 2016 for a total of $141,000. If you work out the math, that's approximately a cost of $80.94 per sqft. Before that, the property was also sold for $40,000 in May 1, 2013. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $894 in taxes each year. 2309 North 48th Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $23,320. If we break it down further, the land itself was valued at $4,660. Improvements to the property, however, were assessed at a total of $18,660. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Concrete block
  • Exterior Walls Type: Block
  • 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: 6,020
  • Total Building Area: 1,742
  • Gross Building Area: 1,742
  • Building Area: 1,742
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,742
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WEDGEWOOD PARK
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WEDGEWOOD PARK MCR 97/04

Ownership

  • Current Owner : RUIZ MERCEDES CAZAREZ
  • Previous Owner : FELIX SIRMA
  • Owner Before Previous Owner: GARCIA JESUS ALBERTO DOMINGUEZ
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Isaac Elementary District
  • Census Tract: 112302

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: 9704
  • Parcel: 103-52-134
  • Lot: 185
  • Meridian: SEC 33 TWN 2N RNG 2E
  • Municipality: PHOENIX
  • Latitude: 33.4737
  • Longitude: -112.163

    Address

  • Full Address: 2309 N 48th Dr
  • Address - House Number: 2309
  • Street Direction: N
  • Address - Street Name: 48th
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C035
  • 4-Digit Zip Code: 2131
  • Zip Code: 85035

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $894
  • Tax Rate Code Area: 051300

    Appraisal Valuation

  • Standard Deviation: 0.1353
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 358,425
  • High Value: 406,932
  • Low Value: 309,917

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $179,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Dec 28, 2021
  • First Open Lien Mortgage Loan Amount: $179,000
  • 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: $233,200
  • Market Land Value: $46,600
  • Market Improvement Value: $186,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,320
  • Assessed Land Value: $4,660
  • Assessed Improvements Value: $18,660

    Sales

  • Current Sale Contract Date: Sep 08, 2016
  • Current Sale Recording Date: Oct 18, 2016
  • Current Sale Transaction ID: 1818915027
  • Current Sale Price: $141,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016-0763873
  • Previous Sale Recording Date: Apr 30, 2015
  • Previous Sale Contract Date: May 01, 2013
  • Previous Sale Amount: $40,000
  • Previous Sale Document Type: Cash Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Oct 18, 2016
  • First Mortgage Loan Amount: $136,770
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2046

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Frequently Asked Questions

What neighborhood is 2309 North 48th Drive located in?
The 2309 North 48th Drive is a located in the neighborhood of Wedgewood Park in Maryvale, Phoenix.
What is the average sales price for listings in 2309 North 48th Drive?
The average sales price for units in 2309 North 48th Drive is $0 currently.

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