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2531 East Fairmount Avenue

2531 East Fairmount Avenue, Phoenix, AZ 85016
House in Rugee Vista
Sold Nov 20, 2020
$455,000
$330,000 by Bank Of America Na
Mortgage Due Dec 01, 2050
Sold Jun 30, 2017
$300,000
$309,492 by Frank West Capital Llc
Mortgage
2531 East Fairmount Avenue in Phoenix, AZ was first built in 1958 and is 66 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 2531 East Fairmount Avenue has 1,593 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 9,400 square feet.

Learn more about the property and building on this page. There is a unknown. The roof of the home is made of asphalt. For those who need parking, there is a carport. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with concrete block control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of block. Walk into the home itself and you'll find that it is currently being cooled with a refrigeration air conditioning system. As for heating, the home is utilizing a heating system. The property was last sold in Nov 11, 2020 for $455,000. That's $285.62 per sqft. Prior to that sales transaction, the property was also sold in Jun 27, 2017 for $300,000. 2531 East Fairmount Avenue was last assessed in 2023. The total value of the property was assessed at $37,260. Specifically, the land the property is located on was valued at $7,450. While improvements on the property were assessed at a total of $29,810. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,387. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Stucco Exterior

Parking

RV Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • 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: Carport
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 9,400
  • Total Building Area: 1,593
  • Gross Building Area: 1,593
  • Building Area: 1,593
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,593
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RUGEE VISTA
  • Land Acres: 0.216
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RUGEE VISTA MCR 40/41

Ownership

  • Current Owner : TOUCHE PATRICK
  • Previous Owner : PETERSON MICHAEL J
  • Owner Before Previous Owner: LYNCH ANDREW
  • Owner Before Previous Owner 2: LYNCH BETHANY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Phoenix Union High School District
  • Census Tract: 110801

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: 4041
  • Parcel: 119-04-064
  • Block: 1
  • Lot: 4
  • Meridian: SEC 26 TWN 2N RNG 3E
  • Municipality: PHOENIX
  • Latitude: 33.4929
  • Longitude: -112.027

    Address

  • Full Address: 2531 E Fairmount Ave
  • Address - House Number: 2531
  • Street Direction: E
  • Address - Street Name: Fairmount
  • Address - Suffix Type: Ave
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C034
  • 4-Digit Zip Code: 6717
  • Zip Code: 85016

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,387
  • Tax Rate Code Area: 141300

    Appraisal Valuation

  • Standard Deviation: 0.1927
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 74
  • Final Value: 639,373
  • High Value: 762,589
  • Low Value: 516,157

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $330,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Nov 20, 2020
  • First Open Lien Mortgage Loan Amount: $330,000
  • 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: Dec 01, 2050

    Market Valuation

  • Market Total Value: $372,600
  • Market Land Value: $74,500
  • Market Improvement Value: $298,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,260
  • Assessed Land Value: $7,450
  • Assessed Improvements Value: $29,810

    Sales

  • Current Sale Contract Date: Nov 11, 2020
  • Current Sale Recording Date: Nov 20, 2020
  • Current Sale Transaction ID: 11801813706
  • Current Sale Price: $455,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20201140090
  • Previous Sale Recording Date: Jun 30, 2017
  • Previous Sale Contract Date: Jun 27, 2017
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Nov 20, 2020
  • First Mortgage Loan Amount: $330,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FRANK WEST CAPITAL LLC
  • Previous Mortgage Transaction Date: Jun 30, 2017
  • Previous Mortgage Loan Amount: $309,492
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 2531 East Fairmount Avenue located in?
The 2531 East Fairmount Avenue is a house located in the neighborhood of Rugee Vista in Camelback East, Phoenix.
What is the average sales price for listings in 2531 East Fairmount Avenue?
The average sales price for units in 2531 East Fairmount Avenue is $0 currently.

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