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2863 East Fairmount Avenue

2863 East Fairmount Avenue, Phoenix, AZ 85016
Sold Jun 04, 2019
$262,000
$246,500 by Newrez Llc
Mortgage Due Apr 01, 2051
Sold Sep 22, 2016
$213,000
$170,400 by Moria Development Inc
Mortgage Due Oct 01, 2046
2863 East Fairmount Avenue in Phoenix, AZ was first built in 1966 and is 58 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2863 East Fairmount Avenue has 1,632 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 2,374 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 and ply sheets in a built-up roof style. For those who need parking, there is a carport. 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 frame 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 a combination of material. 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 May 22, 2019 for $262,000. That's $160.54 per sqft. Prior to that sales transaction, the property was also sold in Sep 9, 2016 for $213,000. 2863 East Fairmount Avenue was last assessed in 2023. The total value of the property was assessed at $27,080. Specifically, the land the property is located on was valued at $5,410. While improvements on the property were assessed at a total of $21,670. 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 $864. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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

Parking

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

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Townhouse
  • Exterior Walls Type: Combination
  • Roof Cover Type: Built-up
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,374
  • Total Building Area: 1,632
  • Gross Building Area: 1,632
  • Building Area: 1,632
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,632
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VILLA SEVILLE TOWNHOUSES
  • Land Acres: 0.055
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: VILLA SEVILLE TOWNHOUSES MCR 111-09

Ownership

  • Current Owner : HOERLE TESS R
  • Previous Owner : COSTACHE ANA MARIA
  • Owner Before Previous Owner: REEVES BLAKE A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: M-M

Geography

  • Assessors Map Reference: 11109
  • Parcel: 119-02-119
  • Lot: 83
  • Meridian: SEC 26 TWN 2N RNG 3E
  • Municipality: PHOENIX
  • Latitude: 33.4929
  • Longitude: -112.021

    Address

  • Full Address: 2863 E Fairmount Ave
  • Address - House Number: 2863
  • Street Direction: E
  • Address - Street Name: Fairmount
  • Address - Suffix Type: Ave
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C011
  • 4-Digit Zip Code: 6956
  • Zip Code: 85016

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $864
  • Tax Rate Code Area: 141300

    Appraisal Valuation

  • Standard Deviation: 0.1492
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 81
  • Final Value: 436,616
  • High Value: 501,787
  • Low Value: 371,445

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $246,500
  • First Open Lien Mortgage Lender: NEWREZ LLC
  • First Open Lien Mortgage Recording Date: Mar 17, 2021
  • First Open Lien Mortgage Loan Amount: $246,500
  • 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, 2051

    Market Valuation

  • Market Total Value: $270,800
  • Market Land Value: $54,100
  • Market Improvement Value: $216,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,080
  • Assessed Land Value: $5,410
  • Assessed Improvements Value: $21,670

    Sales

  • Current Sale Contract Date: May 22, 2019
  • Current Sale Recording Date: Jun 04, 2019
  • Current Sale Transaction ID: 11610592190
  • Current Sale Price: $262,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20190412738
  • Previous Sale Recording Date: Sep 22, 2016
  • Previous Sale Contract Date: Sep 09, 2016
  • Previous Sale Amount: $213,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Jun 04, 2019
  • First Mortgage Loan Amount: $248,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: MORIA DEVELOPMENT INC
  • Previous Mortgage Transaction Date: Sep 22, 2016
  • Previous Mortgage Loan Amount: $170,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2046

About Camelback East



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Frequently Asked Questions

What neighborhood is 2863 East Fairmount Avenue located in?
The 2863 East Fairmount Avenue is a townhouse located in the neighborhood of Villa Seville Townhouses in Camelback East, Phoenix.
What is the average sales price for listings in 2863 East Fairmount Avenue?
The average sales price for units in 2863 East Fairmount Avenue is $0 currently.

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