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501 West Sweetwater Avenue

501 West Sweetwater Avenue, Phoenix, AZ 85029
Sold Jun 17, 2019
$625,000
$500,000 by Lovett Family Trust
Mortgage
Sold Jul 13, 2018
$470,000
$376,000 by Nuvision Financial Fcu
Mortgage Due Aug 01, 2048
501 West Sweetwater Avenue in Phoenix, AZ was first built in 1981 and is 43 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 3 full bathrooms. There are 3 partial bathrooms. 501 West Sweetwater Avenue has 3,770 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 11,850 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 asphalt and ply sheets in a built-up roof style. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. There are a total of 3 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 concrete block control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. 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, 501 West Sweetwater Avenue was last sold in Jun 14, 2019 for $625,000. According to our calculations, that's $165.78 per sqft. Prior to that sales transaction, the property was sold for $470,000 in Jun 22, 2018. Current property owners are expected to pay $6,018 in taxes per year. The property on 501 West Sweetwater Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $66,520. To break that down further, the land itself was valued at $13,300. While improvements to the property were assessed at a total of $53,220. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1981
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Concrete block
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 11,850
  • Total Building Area: 3,770
  • Gross Building Area: 3,770
  • Building Area: 3,770
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,770
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HERITAGE HIGHLANDS 2
  • Land Acres: 0.272
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HERITAGE HIGHLANDS 2 MCR 195-44

Ownership

  • Current Owner : LOVETT DALLAS L
  • Previous Owner : MATTHEWS DAVID E
  • Previous Owner 2: HAGAN RONALD L
  • Owner Before Previous Owner: MILES BRANDON
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Washington Elementary District
  • Census Tract: 103614

Zoning

  • Zoning: PAD-MD

Geography

  • Assessors Map Reference: 19544
  • Parcel: 159-02-415
  • Lot: 74
  • Meridian: SEC 17 TWN 3N RNG 3E
  • Municipality: PHOENIX
  • Latitude: 33.6046
  • Longitude: -112.081

    Address

  • Full Address: 501 W Sweetwater Ave
  • Address - House Number: 501
  • Street Direction: W
  • Address - Street Name: Sweetwater
  • Address - Suffix Type: Ave
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C030
  • 4-Digit Zip Code: 1836
  • Zip Code: 85029

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,018
  • Tax Rate Code Area: 061300

    Appraisal Valuation

  • Standard Deviation: 0.1512
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 81
  • Final Value: 980,102
  • High Value: 1,128,298
  • Low Value: 831,905

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $650,000
  • First Open Lien Mortgage Lender: LOVETT FAMILY TRUST
  • First Open Lien Mortgage Recording Date: Dec 23, 2019
  • First Open Lien Mortgage Loan Amount: $500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Private Lender: T
  • Second Open Lien Mortgage Lender: DALLAS LOVETT IRREVOCABLE TRUS
  • Second Open Lien Mortgage Recording Date: Dec 23, 2019
  • Second Open Lien Mortgage Loan Amount: $150,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Commercial
  • Second Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $665,200
  • Market Land Value: $133,000
  • Market Improvement Value: $532,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $66,520
  • Assessed Land Value: $13,300
  • Assessed Improvements Value: $53,220

    Sales

  • Current Sale Contract Date: Jun 14, 2019
  • Current Sale Recording Date: Jun 17, 2019
  • Current Sale Transaction ID: 11614168385
  • Current Sale Price: $625,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20190449883
  • Previous Sale Recording Date: Jul 13, 2018
  • Previous Sale Contract Date: Jun 22, 2018
  • Previous Sale Amount: $470,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: NUVISION FINANCIAL FCU
  • Previous Mortgage Transaction Date: Jul 13, 2018
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $376,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Aug 01, 2048

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Frequently Asked Questions

What neighborhood is 501 West Sweetwater Avenue located in?
The 501 West Sweetwater Avenue is a house located in the neighborhood of Heritage Highlands in North Mountain, Phoenix.
What is the average sales price for listings in 501 West Sweetwater Avenue?
The average sales price for units in 501 West Sweetwater Avenue is $0 currently.

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