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3784 East Covey Lane

3784 East Covey Lane, Phoenix, AZ 85050
Sold Sep 03, 2019
$721,225
$625,000 by On Q Financial Inc
Mortgage Due Dec 01, 2051
Sold Jun 16, 2015
$650,000
$520,000 by Equitable Home Mortgage Inc
Mortgage Due Jul 01, 2045
3784 East Covey 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 2012 and is 12 years old. Residents will have access to 4 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 3784 East Covey Lane has 3,552 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 7,973 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 both a unknown and a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. 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. 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. Finally, the property is currently sourcing its water from a water system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 3784 East Covey Lane sold most recently in Aug 22, 2019 for a total of $721,225. If you work out the math, that's approximately a cost of $203.05 per sqft. Before that, the property was also sold for $650,000 in Jun 10, 2015. 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 $5,308 in taxes each year. 3784 East Covey Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $80,670. If we break it down further, the land itself was valued at $16,130. Improvements to the property, however, were assessed at a total of $64,540. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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

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

Building Info

Overview

    General

  • Year Built: 2012
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 14
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,973
  • Total Building Area: 3,552
  • Gross Building Area: 3,552
  • Building Area: 3,552
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,552
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: DESERT RIDGE SUPERBLOCK 11 PARCEL 3
  • Land Acres: 0.183
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DESERT RIDGE SUPERBLOCK 11 PARCEL 3 MCR 862-01

Ownership

  • Current Owner : JONES ANDREW M
  • Current Owner 2: JONES JESSICA G
  • Previous Owner : YU HARRY H
  • Previous Owner 2: YU SUZANNE M
  • Owner Before Previous Owner: MEIKLE TODD R
  • Owner Before Previous Owner 2: MEIKLE KRISTA L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Paradise Valley Unified District
  • Census Tract: 615002

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: 86201
  • Parcel: 212-39-775
  • Block: 11
  • Lot: 56
  • Municipality: PHOENIX
  • Latitude: 33.6795
  • Longitude: -111.997

    Address

  • Full Address: 3784 E Covey Ln
  • Address - House Number: 3784
  • Street Direction: E
  • Address - Street Name: Covey
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C087
  • 4-Digit Zip Code: 5002
  • Zip Code: 85050

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,308
  • Tax Rate Code Area: 691300

    Appraisal Valuation

  • Standard Deviation: 0.1449
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 1,163,275
  • High Value: 1,331,886
  • Low Value: 994,663

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $825,000
  • First Open Lien Mortgage Lender: ON Q FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Nov 29, 2021
  • First Open Lien Mortgage Loan Amount: $625,000
  • 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: Dec 01, 2051
  • Second Open Lien Mortgage Lender: DESERT FINANCIAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Mar 15, 2022
  • Second Open Lien Mortgage Loan Amount: $200,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $806,700
  • Market Land Value: $161,300
  • Market Improvement Value: $645,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $80,670
  • Assessed Land Value: $16,130
  • Assessed Improvements Value: $64,540

    Sales

  • Current Sale Contract Date: Aug 22, 2019
  • Current Sale Recording Date: Sep 03, 2019
  • Current Sale Transaction ID: 11642257031
  • Current Sale Price: $721,225
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20190684776
  • Previous Sale Recording Date: Jun 16, 2015
  • Previous Sale Contract Date: Jun 10, 2015
  • Previous Sale Amount: $650,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ON Q FINANCIAL INC
  • First Mortgage Transaction Date: Sep 03, 2019
  • First Mortgage Loan Amount: $484,350
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: EQUITABLE HOME MORTGAGE INC
  • Previous Mortgage Transaction Date: Jun 16, 2015
  • Previous Mortgage Loan Amount: $520,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2045

About Desert View



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Frequently Asked Questions

What neighborhood is 3784 East Covey Lane located in?
The 3784 East Covey Lane is a house located in the neighborhood of Desert Ridge in Desert View, Phoenix.
What is the average sales price for listings in 3784 East Covey Lane?
The average sales price for units in 3784 East Covey Lane is $0 currently.

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