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3118 East Redwood Lane

3118 East Redwood Lane, Phoenix, AZ 85048
House in Lakeside
Sold Sep 09, 2019
$325,000
$292,500 by Paramount Residential Mortgage
Mortgage Due Oct 01, 2049
Sold Jun 28, 2002
$180,000
$144,000 by Flagstar Bank Fsb
Mortgage Due Jul 01, 2032
3118 East Redwood Lane 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 1992 and is 32 years old. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 3118 East Redwood Lane has 1,957 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 5,157 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 3 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 B 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. 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, 3118 East Redwood Lane was last sold in Sep 4, 2019 for $325,000. According to our calculations, that's $166.07 per sqft. Prior to that sales transaction, the property was sold for $180,000 in Jun 24, 2002. Current property owners are expected to pay $2,592 in taxes per year. The property on 3118 East Redwood Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $39,660. To break that down further, the land itself was valued at $7,930. While improvements to the property were assessed at a total of $31,730. 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
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 5,157
  • Total Building Area: 1,957
  • Gross Building Area: 1,957
  • Building Area: 1,957
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,957
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKESIDE 21 AMD
  • Land Acres: 0.118
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAKESIDE 21 AMD MCR 333-16

Ownership

  • Current Owner : JOHNSON NICKOLE
  • Previous Owner : FRANCIOSA MARK A
  • Previous Owner 2: FRANCIOSA DARLENE H
  • Owner Before Previous Owner: HALL STEVE
  • Owner Before Previous Owner 2: HALL CATHERINE ANN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Tempe Union High School District
  • Census Tract: 116714

Zoning

  • Zoning: R-8

Geography

  • Assessors Map Reference: 33316
  • Parcel: 301-70-756
  • Lot: 101
  • Meridian: SEC 35 TWN 1S RNG 3E
  • Municipality: PHOENIX
  • Latitude: 33.2926
  • Longitude: -112.016

    Address

  • Full Address: 3118 E Redwood Ln
  • Address - House Number: 3118
  • Street Direction: E
  • Address - Street Name: Redwood
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C021
  • 4-Digit Zip Code: 8547
  • Zip Code: 85048

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,592
  • Tax Rate Code Area: 281300

    Appraisal Valuation

  • Standard Deviation: 0.1425
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 83
  • Final Value: 546,208
  • High Value: 624,063
  • Low Value: 468,352

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $292,500
  • First Open Lien Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Sep 09, 2019
  • First Open Lien Mortgage Loan Amount: $292,500
  • 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: Oct 01, 2049

    Market Valuation

  • Market Total Value: $396,600
  • Market Land Value: $79,300
  • Market Improvement Value: $317,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,660
  • Assessed Land Value: $7,930
  • Assessed Improvements Value: $31,730

    Sales

  • Current Sale Contract Date: Sep 04, 2019
  • Current Sale Recording Date: Sep 09, 2019
  • Current Sale Transaction ID: 11643108040
  • Current Sale Price: $325,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20190702687
  • Previous Sale Recording Date: Jun 28, 2002
  • Previous Sale Contract Date: Jun 24, 2002
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: Sep 09, 2019
  • First Mortgage Loan Amount: $292,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: FLAGSTAR BANK FSB
  • Previous Mortgage Transaction Date: Jun 28, 2002
  • Previous Mortgage Loan Amount: $144,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2032

About Ahwatukee Foothills



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Frequently Asked Questions

What neighborhood is 3118 East Redwood Lane located in?
The 3118 East Redwood Lane is a house located in the neighborhood of Lakeside in Ahwatukee Foothills, Phoenix.
What is the average sales price for listings in 3118 East Redwood Lane?
The average sales price for units in 3118 East Redwood Lane is $315,000 , or $161/sqft. currently.

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