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518 East Pearce Road

518 East Pearce Road, Phoenix, AZ 85042
Sold Feb 20, 2020
$369,000
$366,264 by V I P Mortgage Inc
Mortgage Due Dec 01, 2035
Sold Nov 14, 2012
$222,569
$178,050 by Bell State Bank & Trust
Mortgage Due Dec 01, 2027
518 East Pearce Road in Phoenix, AZ was first built in 2012 and is 12 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 3 partial bathrooms. 518 East Pearce Road has 2,176 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 8,775 square feet.

Learn more about the property and building on this page. There is a unknown. The roof of the home is made of concrete. Water for the property is sourced from a water system. 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 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 exterior walls of the home are made of a combination of material. 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. 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, 518 East Pearce Road sold most recently in Feb 4, 2020 for a total of $369,000. If you work out the math, that's approximately a cost of $169.58 per sqft. Before that, the property was also sold for $222,569 in Nov 12, 2012. 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 $3,233 in taxes each year. 518 East Pearce Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $43,010. If we break it down further, the land itself was valued at $8,600. Improvements to the property, however, were assessed at a total of $34,410. 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
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,775
  • Total Building Area: 2,176
  • Gross Building Area: 2,176
  • Building Area: 2,176
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,176
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MINERAL CANYON
  • Land Acres: 0.201
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MINERAL CANYON MCR 819-33

Ownership

  • Current Owner : NGUYEN HUY XUAN
  • Previous Owner : SCOTT NICK G
  • Owner Before Previous Owner: T3 HOMES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Phoenix Union High School District
  • Census Tract: 116734

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: 81933
  • Parcel: 300-65-090
  • Lot: 52
  • Meridian: SEC 8 TWN 1S RNG 3E
  • Municipality: PHOENIX
  • Latitude: 33.3555
  • Longitude: -112.067

    Address

  • Full Address: 518 E Pearce Rd
  • Address - House Number: 518
  • Street Direction: E
  • Address - Street Name: Pearce
  • Address - Suffix Type: Rd
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C063
  • 4-Digit Zip Code: 8331
  • Zip Code: 85042

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,233
  • Tax Rate Code Area: 661300

    Appraisal Valuation

  • Standard Deviation: 0.1488
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 563,332
  • High Value: 647,179
  • Low Value: 479,485

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $366,264
  • First Open Lien Mortgage Lender: V I P MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Nov 09, 2020
  • First Open Lien Mortgage Loan Amount: $366,264
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2035

    Market Valuation

  • Market Total Value: $430,100
  • Market Land Value: $86,000
  • Market Improvement Value: $344,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $43,010
  • Assessed Land Value: $8,600
  • Assessed Improvements Value: $34,410

    Sales

  • Current Sale Contract Date: Feb 04, 2020
  • Current Sale Recording Date: Feb 20, 2020
  • Current Sale Transaction ID: 11735368404
  • Current Sale Price: $369,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20200143181
  • Previous Sale Recording Date: Nov 14, 2012
  • Previous Sale Contract Date: Nov 12, 2012
  • Previous Sale Amount: $222,569
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: V I P MORTGAGE INC
  • First Mortgage Transaction Date: Feb 20, 2020
  • First Mortgage Loan Amount: $357,930
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: BELL STATE BANK & TRUST
  • Previous Mortgage Transaction Date: Nov 14, 2012
  • Previous Mortgage Loan Amount: $178,050
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2027

About South Mountain



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Frequently Asked Questions

What neighborhood is 518 East Pearce Road located in?
The 518 East Pearce Road is a house located in the neighborhood of Mineral Canyon in South Mountain, Phoenix.
What is the average sales price for listings in 518 East Pearce Road?
The average sales price for units in 518 East Pearce Road is $0 currently.

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