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Phoenix 85015 Siesta Terrace
3407 N 23RD Drive
Photo of 3407 N 23RD Drive
Sold on Feb 1, 2017

29

Map

Photo of 3407 N 23RD Drive
Photo of 3407 N 23RD Drive
$229,000
● House - Off Market

3407 N 23RD Drive

Phoenix, AZ 85015
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,311 Ft²
$444,926
RealtyHop Estimate
94.29%
Since Mar 1, 2017
AZ-Phoenix
Primary Model

About This Property

This stunning brick bungalow is move in ready.  Bright and cheery featuring an open floor plan perfect for entertaining.  The kitchen boasts gorgeous quartz counters, stainless appliances, a cozy breakfast nook and great flow between dining and living rooms.  Lovely bamboo flooring gives a warm feeling to the home.  Updated bathrooms blend that perfect balance of modern and 1950's charm.  Spacious bedrooms all have lovely views of the yards with mature landscaping, including citrus trees.  The back yard is BIG and has the perfect patio for al fresco dining.  Solid double brick construction with updated low E dual pane windows, new R30+ insulation, H2O heater 2016 and a new roof in 2011. Check the competition at this price point and come ready with your contract.  This home will not last.
Unit Size
1,311 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$175
Property Type
House
Property Taxes
$81
HOA Dues
-
Year Built
1953

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #5539351)

Price History

Date / Event Date Event Price
Nov 30, 2020 Sold
Premium
Sold
Oct 15, 2020 Listed by Long Realty Uptown $298,500
Listed by Long Realty Uptown
Feb 1, 2017 Sold
Premium
Sold
Dec 27, 2016 Listed by Long Realty Uptown $229,000
Listed by Long Realty Uptown
Jul 31, 2013 Listed $167,800
Listed
Buyer's loan fell out so act quickly. Red brick charm w Urban Redesign. Another DGE Properties Remodel. Convenient Central Phx neighborhood. Eco friendly Bamboo flooring, Updated Ceiling fans & Lighting add Modern features appealing to today's buyer. Kitchen has been Opened creating a Breakfast bar and Great room floor plan. New Quartz counters, SS Appliances and Brushed Nickel Hardware makes this a Visual & Functional Delight for the Chef in your home. French doors lead to rear Patio, nicely landscaped yard, + New Dual Pane Windows for Energy Efficiency. Baths reflect Latest Finishes w Subway & Custom Glass Accent Tile. Roof Replaced 2011. Alley access Parking + front 1.5 car tandem carport w Separate Storage room. Interior Laundry for Stackable W/D. Evap if present conveys As

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • 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: 3
  • Parking Space Count: 1
  • Patio Type: 5
  • Porch Type: 29
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,003
  • Total Building Area: 1,298
  • Gross Building Area: 1,298
  • Building Area: 1,298
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 10
  • Heating: 24
  • Heated Square Feet: 1,298
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SIESTA TERRACE 1
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 0131
  • State Land Use Code: 0131
  • Legal Description 1: SIESTA TERRACE 1 MCR 54/29

Neighborhood

  • School District Name: Alhambra Elementary District
  • Census Tract: 117000

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: 5429
  • Parcel: 110-19-105
  • Lot: 105
  • Meridian: SEC 25 TWN 2N RNG 2E
  • Municipality: PHOENIX
  • Latitude: 33.4881
  • Longitude: -112.109

    Address

  • Full Address: 3407 N 23rd Dr
  • Address - House Number: 3407
  • Street Direction: N
  • Address - Street Name: 23rd
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C056
  • 4-Digit Zip Code: 5421
  • Zip Code: 85015

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $118,498
  • Tax Rate Code Area: 681300

    Appraisal Valuation

  • Standard Deviation: 0.1558
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 80
  • Final Value: 419,853
  • High Value: 485,276
  • Low Value: 354,430

    Market Valuation

  • Market Total Value: $293,500
  • Market Land Value: $58,700
  • Market Improvement Value: $234,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,350
  • Assessed Land Value: $5,870
  • Assessed Improvements Value: $23,480

    Sales

  • Current Sale Contract Date: Nov 24, 2020
  • Current Sale Recording Date: Nov 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20201169004
  • Previous Sale Recording Date: Feb 01, 2017
  • Previous Sale Contract Date: Jan 21, 2017
  • Previous Sale Amount: $229,000
  • 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 Encanto

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$345

Below Asking

0.03%

Average Days on Market

99

Average Home Size

2332 ft²

Average Home Age

58.9 years

Currently For Sale

262 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 740 W Elm Street, Phoenix, AZ, 85013

$1,099 /mo

  • 1 Bed
  • 1 Bath
  • 638 ft²
740 W Elm Street #248, Phoenix, AZ, 85013 Listing by Lisset Virgen
Unit for rent at 526 W Culver Street, Phoenix, AZ, 85003

$1,350 /mo

  • 1 Bed
  • 1 Bath
  • 2,788 ft²
526 W Culver Street #B, Phoenix, AZ, 85003 Listing by Marilyn Crosby
Unit for rent at 2001 W Turney Avenue, Phoenix, AZ, 85015

$1,900 /mo

  • 2 Beds
  • 1 Bath
  • 1,620 ft²
2001 W Turney Avenue #6, Phoenix, AZ, 85015 Listing by Jaime A Villegas

Rentals Near You

Click here to view more rentals in the neighborhood.
ARMLS

Listed by: Ken Elder, Long Realty Uptown
Last Updated: 2 months ago
Data Source: ARMLS, MLS# 5539351
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 3407 North 23rd Drive built and last sold?
The property at 3407 North 23rd Drive was built in 1953 and last sold on Nov 24, 2020 for $305,000.
How much is this home worth?
The estimated value of the home located at 3407 North 23rd Drive is $305,842.
What are some comparable homes to 3407 North 23rd Drive?
There are currently no comparable homes to 3407 North 23rd Drive.
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