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2540 East Wescott Drive

2540 East Wescott Drive, Phoenix, AZ 85050
Sold Apr 01, 2022
$718,500
$692,000 by Northpointe Bank
Mortgage Due Apr 01, 2052
Sold Feb 07, 2022
$665,000
Buyer
Seller
$488,000 by All Coast Lending Inc
Mortgage Due Mar 01, 2052
2540 East Wescott 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 1995 and is 29 years old. Residents will have access to 2 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, 2540 East Wescott Drive has 1,807 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 6,133 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 2 available parking spaces. 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 frame 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 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. 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, 2540 East Wescott Drive sold most recently in Mar 23, 2022 for a total of $718,500. If you work out the math, that's approximately a cost of $397.62 per sqft. Before that, the property was also sold for $665,000 in Jan 26, 2022. 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 $2,021 in taxes each year. 2540 East Wescott Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $39,430. If we break it down further, the land itself was valued at $7,880. Improvements to the property, however, were assessed at a total of $31,550. 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.

Building Features

Exterior

Stucco Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1995
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • 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: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 6,133
  • Total Building Area: 1,807
  • Gross Building Area: 1,807
  • Building Area: 1,807
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,807
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DAVE BROWN AUTUMN HILLS 3
  • Land Acres: 0.141
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DAVE BROWN AUTUMN HILLS 3 MCR 380-27

Ownership

  • Current Owner : HERRMANN MATTHEW J
  • Previous Owner : BRANDON MOOK
  • Owner Before Previous Owner: SONJA TAYLOR
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Paradise Valley Unified District
  • Census Tract: 617002

Zoning

  • Zoning: R-8

Geography

  • Assessors Map Reference: 38027
  • Parcel: 213-19-175
  • Lot: 60
  • Municipality: PHOENIX
  • Latitude: 33.6595
  • Longitude: -112.028

    Address

  • Full Address: 2540 E Wescott Dr
  • Address - House Number: 2540
  • Street Direction: E
  • Address - Street Name: Wescott
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C043
  • 4-Digit Zip Code: 2572
  • Zip Code: 85050

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,021
  • Tax Rate Code Area: 691300

    Appraisal Valuation

  • Standard Deviation: 0.1486
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 601,688
  • High Value: 691,129
  • Low Value: 512,246

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $692,000
  • First Open Lien Mortgage Lender: NORTHPOINTE BANK
  • First Open Lien Mortgage Recording Date: Apr 01, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $692,000
  • 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: Apr 01, 2052

    Market Valuation

  • Market Total Value: $394,300
  • Market Land Value: $78,800
  • Market Improvement Value: $315,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,430
  • Assessed Land Value: $7,880
  • Assessed Improvements Value: $31,550

    Sales

  • Current Sale Contract Date: Mar 23, 2022
  • Current Sale Recording Date: Apr 01, 2022
  • Current Sale Transaction ID: 11883705223
  • Current Sale Price: $718,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 295035
  • Previous Sale Recording Date: Feb 07, 2022
  • Previous Sale Contract Date: Jan 26, 2022
  • Previous Sale Amount: $665,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NORTHPOINTE BANK
  • First Mortgage Transaction Date: Apr 01, 2022
  • First Mortgage Loan Amount: $692,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: ALL COAST LENDING INC
  • Previous Mortgage Transaction Date: Feb 07, 2022
  • Previous Mortgage Loan Amount: $488,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2052

About Paradise Valley



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Frequently Asked Questions

What neighborhood is 2540 East Wescott Drive located in?
The 2540 East Wescott Drive is a located in the neighborhood of Dave Brown Autumn Hills in Paradise Valley, Phoenix.
What is the average sales price for listings in 2540 East Wescott Drive?
The average sales price for units in 2540 East Wescott Drive is $0 currently.

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