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2541 East Fairmount Avenue

2541 East Fairmount Avenue, Phoenix, AZ 85016
House in Rugee Vista
Sold May 14, 2019
$454,000
$428,900 by V I P Mortgage Inc
Mortgage Due Nov 01, 2051
Sold Dec 24, 2015
$355,000
$319,500 by Moria Development Inc
Mortgage Due Jan 01, 2046
2541 East Fairmount Avenue in Phoenix, AZ was first built in 1948 and is 76 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2541 East Fairmount Avenue has 1,998 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 8,904 square feet.

Learn more about the property and building on this page. There is a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The roof of the home is made of asphalt. For those who need parking, there is a garage. There are a total of 2 available parking spaces. 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. 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, 2541 East Fairmount Avenue was last sold in May 7, 2019 for $454,000. According to our calculations, that's $227.23 per sqft. Prior to that sales transaction, the property was sold for $355,000 in Dec 14, 2015. Current property owners are expected to pay $3,164 in taxes per year. The property on 2541 East Fairmount Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $51,330. To break that down further, the land itself was valued at $10,260. While improvements to the property were assessed at a total of $41,070. 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. 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. 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.

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: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • 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: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,904
  • Total Building Area: 1,998
  • Gross Building Area: 1,998
  • Building Area: 1,998
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,998
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RUGEE VISTA
  • Land Acres: 0.204
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RUGEE VISTA MCR 40/41

Ownership

  • Current Owner : KNOWLES ELEANOR
  • Current Owner 2: BERRY BRETT
  • Previous Owner : HITT MARK C
  • Previous Owner 2: HITT MEGAN B
  • Owner Before Previous Owner: IRONMAN REALTY GROUP LLC
  • 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: 119-04-062
  • Block: 1
  • Lot: 2
  • Meridian: SEC 26 TWN 2N RNG 3E
  • Municipality: PHOENIX
  • Latitude: 33.4929
  • Longitude: -112.026

    Address

  • Full Address: 2541 E Fairmount Ave
  • Address - House Number: 2541
  • 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: $3,164
  • Tax Rate Code Area: 141300

    Appraisal Valuation

  • Standard Deviation: 0.1529
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 81
  • Final Value: 729,509
  • High Value: 841,089
  • Low Value: 617,928

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $468,900
  • First Open Lien Mortgage Lender: V I P MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Oct 26, 2021
  • First Open Lien Mortgage Loan Amount: $428,900
  • 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: Nov 01, 2051
  • Second Open Lien Mortgage Lender: ARIZONA FINANCIAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Nov 06, 2023
  • Second Open Lien Mortgage Loan Amount: $40,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $513,300
  • Market Land Value: $102,600
  • Market Improvement Value: $410,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $51,330
  • Assessed Land Value: $10,260
  • Assessed Improvements Value: $41,070

    Sales

  • Current Sale Contract Date: May 07, 2019
  • Current Sale Recording Date: May 14, 2019
  • Current Sale Transaction ID: 11607021119
  • Current Sale Price: $454,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20190351624
  • Previous Sale Recording Date: Dec 24, 2015
  • Previous Sale Contract Date: Dec 14, 2015
  • Previous Sale Amount: $355,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: V I P MORTGAGE INC
  • First Mortgage Transaction Date: May 14, 2019
  • First Mortgage Loan Amount: $431,300
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: MORIA DEVELOPMENT INC
  • Previous Mortgage Transaction Date: Dec 24, 2015
  • Previous Mortgage Loan Amount: $319,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2046

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Frequently Asked Questions

What neighborhood is 2541 East Fairmount Avenue located in?
The 2541 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 2541 East Fairmount Avenue?
The average sales price for units in 2541 East Fairmount Avenue is $0 currently.

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