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4021 East Laurel Lane

4021 East Laurel Lane, Phoenix, AZ 85028
Property in Villa Martinique
Sold Mar 30, 2022
$595,000
$565,250 by Fairway Independent Mortgage C
Mortgage Due Apr 01, 2052
Sold Feb 16, 2010
$262,000
4021 East Laurel 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 1987 and is 37 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, 4021 East Laurel Lane has 1,796 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 4,490 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 2 available parking spaces. Residents will have the luxury of enjoying a unknown. 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 wood. 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. 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, 4021 East Laurel Lane sold most recently in Mar 16, 2022 for a total of $595,000. If you work out the math, that's approximately a cost of $331.29 per sqft. Before that, the property was also sold for $262,000 in Feb 4, 2010. 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 $1,956 in taxes each year. 4021 East Laurel Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $39,080. If we break it down further, the land itself was valued at $7,810. Improvements to the property, however, were assessed at a total of $31,270. 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 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. 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
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 7
  • 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: Wood
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,490
  • Total Building Area: 1,796
  • Gross Building Area: 1,796
  • Building Area: 1,796
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,796
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VILLA MARTINIQUE LOT 1-66 TR A-S
  • Land Acres: 0.103
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VILLA MARTINIQUE LOT 1-66 TR A-S MCR 298-39

Ownership

  • Current Owner : EDWINS JOSEPH K
  • Previous Owner : GAYLE A CORDES FAMILY TRUST
  • Owner Before Previous Owner: HAMMAR ALICE H
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Scottsdale Unified District
  • Census Tract: 103208

Zoning

  • Zoning: PAD-MD

Geography

  • Assessors Map Reference: 29839
  • Parcel: 167-46-656
  • Lot: 37
  • Meridian: SEC 19 TWN 3N RNG 4E
  • Municipality: PHOENIX
  • Latitude: 33.5945
  • Longitude: -111.995

    Address

  • Full Address: 4021 E Laurel Ln
  • Address - House Number: 4021
  • Street Direction: E
  • Address - Street Name: Laurel
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C021
  • 4-Digit Zip Code: 1523
  • Zip Code: 85028

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,956
  • Tax Rate Code Area: 481300

    Appraisal Valuation

  • Standard Deviation: 0.1498
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 81
  • Final Value: 595,705
  • High Value: 684,997
  • Low Value: 506,413

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $565,250
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Mar 30, 2022
  • First Open Lien Mortgage Loan Amount: $565,250
  • 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: Apr 01, 2052

    Market Valuation

  • Market Total Value: $390,800
  • Market Land Value: $78,100
  • Market Improvement Value: $312,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,080
  • Assessed Land Value: $7,810
  • Assessed Improvements Value: $31,270

    Sales

  • Current Sale Contract Date: Mar 16, 2022
  • Current Sale Recording Date: Mar 30, 2022
  • Current Sale Transaction ID: 11883586874
  • Current Sale Price: $595,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 281916
  • Previous Sale Recording Date: Feb 16, 2010
  • Previous Sale Contract Date: Feb 04, 2010
  • Previous Sale Amount: $262,000
  • Previous Sale Document Type: Cash Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Mar 30, 2022
  • First Mortgage Loan Amount: $565,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2052

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 4021 East Laurel Lane located in?
The 4021 East Laurel Lane is a located in the neighborhood of Villa Martinique in Paradise Valley, Phoenix.
What is the average sales price for listings in 4021 East Laurel Lane?
The average sales price for units in 4021 East Laurel Lane is $0 currently.

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