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3126 West Madison Street

3126 West Madison Street, Phoenix, AZ 85009
Sold Oct 19, 2020
$310,000
$304,385 by V I P Mortgage Inc
Mortgage Due Nov 01, 2050
Sold Dec 30, 2019
$55,900
3126 West Madison Street in Phoenix, AZ was first built in 2020 and is 4 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. 3126 West Madison Street has 1,862 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 7,680 square feet.

Learn more about the property and building on this page. There is a unknown. The roof of the home is made of concrete. 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 frame control joints. 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. 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, 3126 West Madison Street sold most recently in Oct 5, 2020 for a total of $310,000. If you work out the math, that's approximately a cost of $166.49 per sqft. Before that, the property was also sold for $55,900 in Dec 27, 2019. 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 $2,376 in taxes each year. 3126 West Madison Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $34,560. If we break it down further, the land itself was valued at $6,910. Improvements to the property, however, were assessed at a total of $27,650. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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

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

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • 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

    Dimensions

  • Lot Size Square Feet: 7,680
  • Total Building Area: 1,862
  • Gross Building Area: 1,862
  • Building Area: 1,862
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,862
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PROSPERITY PARK
  • Land Acres: 0.176
  • Standard Land Use Code: Single family residential
  • State Land Use Code: Pipeline or right-of-way
  • Legal Description 1: PROSPERITY PARK MCR 31/25

Ownership

  • Current Owner : CHAVEZ MARINO M LOPEZ
  • Current Owner 2: MENDEZ MIRNA YARELI
  • Previous Owner : HERNANDEZ DOLORES RAMON
  • Owner Before Previous Owner: CIFUENTES WALFRE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Phoenix Union High School District
  • Census Tract: 114500

Zoning

  • Zoning: M-M

Geography

  • Assessors Map Reference: 3125
  • Parcel: 109-40-042
  • Block: 2
  • Lot: 12
  • Meridian: SEC 11 TWN 1N RNG 2E
  • Municipality: PHOENIX
  • Latitude: 33.4461
  • Longitude: -112.127

    Address

  • Full Address: 3126 W Madison St
  • Address - House Number: 3126
  • Street Direction: W
  • Address - Street Name: Madison
  • Address - Suffix Type: St
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C012
  • 4-Digit Zip Code: 4827
  • Zip Code: 85009

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,376
  • Tax Rate Code Area: 211300

    Appraisal Valuation

  • Standard Deviation: 0.1382
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 83
  • Final Value: 460,190
  • High Value: 523,817
  • Low Value: 396,563

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $319,604
  • First Open Lien Mortgage Lender: V I P MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Oct 19, 2020
  • First Open Lien Mortgage Loan Amount: $304,385
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2050
  • Second Open Lien Mortgage Lender: US BANK NA
  • Second Open Lien Mortgage Recording Date: Oct 19, 2020
  • Second Open Lien Mortgage Loan Amount: $15,219
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: 2nd Mortgage made to cover Down Payment

    Market Valuation

  • Market Total Value: $345,600
  • Market Land Value: $69,100
  • Market Improvement Value: $276,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,560
  • Assessed Land Value: $6,910
  • Assessed Improvements Value: $27,650

    Sales

  • Current Sale Contract Date: Oct 05, 2020
  • Current Sale Recording Date: Oct 19, 2020
  • Current Sale Transaction ID: 11793147571
  • Current Sale Price: $310,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20201000393
  • Previous Sale Recording Date: Dec 30, 2019
  • Previous Sale Contract Date: Dec 27, 2019
  • Previous Sale Amount: $55,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: V I P MORTGAGE INC
  • First Mortgage Transaction Date: Oct 19, 2020
  • First Mortgage Loan Amount: $304,385
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2050

About Estrella



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Frequently Asked Questions

What neighborhood is 3126 West Madison Street located in?
The 3126 West Madison Street is a land located in the neighborhood of Prosperity Park in Estrella, Phoenix.
What is the average sales price for listings in 3126 West Madison Street?
The average sales price for units in 3126 West Madison Street is $0 currently.

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