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4850 East Abraham Lane

4850 East Abraham Lane, Phoenix, AZ 85054
Sold Jul 31, 2018
$307,900
Sold Sep 29, 1995
$109,977
$116,000 by Ch Mtg Company
Mortgage Due Oct 01, 2025
4850 East Abraham Lane in Phoenix, AZ was first built in 1996 and is 28 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. 4850 East Abraham Lane has 1,540 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 5,489 square feet.

Learn more about the property and building on this page. There is a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. 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 quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. 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. 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, 4850 East Abraham Lane was last sold in Jul 24, 2018 for $307,900. According to our calculations, that's $199.94 per sqft. Prior to that sales transaction, the property was sold for $109,977 in Sep 27, 1995. Current property owners are expected to pay $2,964 in taxes per year. The property on 4850 East Abraham Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $40,630. To break that down further, the land itself was valued at $8,120. While improvements to the property were assessed at a total of $32,510. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 5,489
  • Total Building Area: 1,540
  • Gross Building Area: 1,540
  • Building Area: 1,540
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,540
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DESERT RIDGE PARCEL 4.15
  • Land Acres: 0.126
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DESERT RIDGE PARCEL 4.15 MCR 390-39

Ownership

  • Current Owner : FARAJI MICHAEL
  • Current Owner 2: FARAJI MEHRACK
  • Previous Owner : NELSON KEVIN E
  • Previous Owner 2: NELSON RUBY
  • Owner Before Previous Owner: CONTINENTAL HOMES INC
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Paradise Valley Unified District
  • Census Tract: 615202

Zoning

  • Zoning: M-L

Geography

  • Assessors Map Reference: 39039
  • Parcel: 212-32-334
  • Lot: 77
  • Meridian: SEC 20 TWN 4N RNG 4E
  • Municipality: PHOENIX
  • Latitude: 33.6821
  • Longitude: -111.974

    Address

  • Full Address: 4850 E Abraham Ln
  • Address - House Number: 4850
  • Street Direction: E
  • Address - Street Name: Abraham
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C097
  • 4-Digit Zip Code: 6108
  • Zip Code: 85054

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,964
  • Tax Rate Code Area: 691300

    Appraisal Valuation

  • Standard Deviation: 0.1353
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 602,506
  • High Value: 684,046
  • Low Value: 520,966

    Market Valuation

  • Market Total Value: $406,300
  • Market Land Value: $81,200
  • Market Improvement Value: $325,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,630
  • Assessed Land Value: $8,120
  • Assessed Improvements Value: $32,510

    Sales

  • Current Sale Contract Date: Jul 24, 2018
  • Current Sale Recording Date: Jul 31, 2018
  • Current Sale Transaction ID: 11488233719
  • Current Sale Price: $307,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20180579775
  • Previous Sale Recording Date: Sep 29, 1995
  • Previous Sale Contract Date: Sep 27, 1995
  • Previous Sale Amount: $109,977
  • Previous Sale Document Type: Corporation Deed

    Previous Mortgages

  • Previous Mortgage Lender: CH MTG COMPANY
  • Previous Mortgage Transaction Date: Sep 29, 1995
  • Previous Mortgage Loan Amount: $116,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2025

About Desert View



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Frequently Asked Questions

What neighborhood is 4850 East Abraham Lane located in?
The 4850 East Abraham Lane is a house located in the neighborhood of Desert Ridge in Desert View, Phoenix.
What is the average sales price for listings in 4850 East Abraham Lane?
The average sales price for units in 4850 East Abraham Lane is $0 currently.

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