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Phoenix 85032 Pepper Ridge
2919 E LIBBY Street
Photo of 2919 E LIBBY Street
Sold on May 31, 2024

30

Map

Photo of 2919 E LIBBY Street
Photo of 2919 E LIBBY Street
$367,000
● House - Off Market

2919 E LIBBY Street

Phoenix, AZ 85032
bedrooms
2 Beds
bathrooms
1 Bath
square feet
976 Ft²
$1,870
Est. Monthly
5.58%
Cap Rate

About This Property

Looking for a new place to call home? This delightful single-level property is the one! With 2 beds, 1 bath, 2-car garage, & a low-care landscape, it boasts charm inside and out. Enter to find a perfectly flowing layout paired with tile flooring, neutral paint, & tons of natural light. The kitchen has SS appliances, track lighting, and ample white cabinetry. Well-appointed bedrooms w/closets & ceiling fans, and a spotless bathroom w/shower & tub combo. Large laundry room for your convenience. Discover your backyard oasis, beckoning with spaciousness ideal for relaxation & entertainment! A covered patio & a diving pool for year-round enjoyment complete the picture. New exterior paint in 2024, all new windows installed in 2022 and pool refinished in 2023 with in ground cleaning system.
Unit Size
976 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$374
Property Type
House
Property Taxes
$78
HOA Dues
-
Year Built
1984

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 months ago (ARMLS #6699756)

Price History

Date / Event Date Event Price
May 31, 2024 Sold
Premium
Sold
Apr 20, 2024 Listed by eXp Realty $365,000
Listed by eXp Realty
Aug 27, 2020 Sold
Premium
Sold
Jul 31, 2020 No longer available -
No longer available
Jul 29, 2020 Listed by eXp Realty $242,000
Listed by eXp Realty
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 38
  • Porch Type: 25
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 6,869
  • Total Building Area: 976
  • Gross Building Area: 976
  • Building Area: 976
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 10
  • Heating: 24
  • Heated Square Feet: 976
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PEPPER RIDGE UNIT 7
  • Land Acres: 0000000158
  • Standard Land Use Code: 1001
  • County Land Use Code: 0131
  • State Land Use Code: 0131
  • Legal Description 1: PEPPER RIDGE UNIT 7 MCR 261-22

Neighborhood

  • School District Name: Paradise Valley Unified District
  • Census Tract: 619500

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: 26122
  • Parcel: 214-02-019
  • Lot: 14
  • Meridian: SEC 35 TWN 4N RNG 3E
  • Municipality: PHOENIX
  • Latitude: 33.6484
  • Longitude: -112.019

    Address

  • Full Address: 2919 E Libby St
  • Legal Unit: 7
  • Address - House Number: 2919
  • Street Direction: E
  • Address - Street Name: Libby
  • Address - Suffix Type: St
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C094
  • 4-Digit Zip Code: 1123
  • Zip Code: 85032

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $93,140
  • Tax Rate Code Area: 691300

    Appraisal Valuation

  • Standard Deviation: 0.1452
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 378,614
  • High Value: 433,622
  • Low Value: 323,605

    Market Valuation

  • Market Total Value: $260,700
  • Market Land Value: $52,100
  • Market Improvement Value: $208,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,070
  • Assessed Land Value: $5,210
  • Assessed Improvements Value: $20,860

    Sales

  • Current Sale Contract Date: Aug 14, 2020
  • Current Sale Recording Date: Aug 27, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20200794504
  • Previous Sale Recording Date: Jan 06, 2016
  • Previous Sale Contract Date: Dec 30, 2015
  • Previous Sale Amount: $146,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Paradise Valley

Stats & Trends

Median Asking:

$700,000

Sale Price/ft²

$375

Below Asking

0.02%

Average Days on Market

71

Average Home Size

3063 ft²

Average Home Age

33.9 years

Currently For Sale

811 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 3040 E Bluefield Avenue, Phoenix, AZ, 85032

$1,695 /mo

  • 2 Beds
  • 2 Baths
  • 877 ft²
3040 E Bluefield Avenue, Phoenix, AZ, 85032 Listing by Diana Aguirre Rodriguez-Betance
Unit for rent at 2311 E Hartford Avenue, Phoenix, AZ, 85022

$1,695 /mo

  • 2 Beds
  • 2 Baths
  • 1,240 ft²
2311 E Hartford Avenue #UNIT14, Phoenix, AZ, 85022 Listing by Karen Belushi-Gillespie
Unit for rent at 2500 E Marco Polo Road, Phoenix, AZ, 85050

$1,810 /mo

  • 1 Bed
  • 1 Bath
  • 801 ft²
2500 E Marco Polo Road #A2, Phoenix, AZ, 85050 Listing by Heather Troost

Rentals Near You

Click here to view more rentals in the neighborhood.
ARMLS

Listed by: Tyler Blair, eXp Realty
Last Updated: 2 months ago
Data Source: ARMLS, MLS# 6699756
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 2919 East Libby Street built and last sold?
The property at 2919 East Libby Street was built in 1984 and last sold on Aug 14, 2020 for $250,000.
How much is this home worth?
The estimated value of the home located at 2919 East Libby Street is $358,135.
What are some comparable homes to 2919 East Libby Street?
There are currently no comparable homes to 2919 East Libby Street.
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