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525 East Wescott Drive

525 East Wescott Drive, Phoenix, AZ 85024
Sold Oct 11, 2019
$238,875
Sold Mar 20, 2018
$240,000
$235,653 by Amerifirst Financial Inc
Mortgage Due Apr 01, 2048
525 East Wescott Drive 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 1986 and is 38 years old. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 525 East Wescott Drive has 1,844 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 4,244 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 C by the local assessor. The roof of the building is made of asphalt. 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. 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, 525 East Wescott Drive sold most recently in Jun 30, 2019 for a total of $238,875. If you work out the math, that's approximately a cost of $129.54 per sqft. Before that, the property was also sold for $240,000 in Mar 15, 2018. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,646 in taxes each year. 525 East Wescott Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $29,680. If we break it down further, the land itself was valued at $5,930. Improvements to the property, however, were assessed at a total of $23,750. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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

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

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,244
  • Total Building Area: 1,844
  • Gross Building Area: 1,844
  • Building Area: 1,844
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,844
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MERIT ESTATES LOTS 1 THRU 58
  • Land Acres: 0.097
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MERIT ESTATES LOTS 1 THRU 58 MCR 265-08

Ownership

  • Current Owner : MCCOLLOUGH PAMELA
  • Previous Owner : SHLAMOON ALAN
  • Previous Owner 2: NANO ODEET
  • Owner Before Previous Owner: PHELPS JUSTIN
  • Owner Before Previous Owner 2: PHELPS TARA

Neighborhood

  • School District Name: Paradise Valley Unified District
  • Census Tract: 616700

Zoning

  • Zoning: M-L

Geography

  • Assessors Map Reference: 26508
  • Parcel: 209-24-196
  • Lot: 6
  • Meridian: SEC 29 TWN 4N RNG 3E
  • Municipality: PHOENIX
  • Latitude: 33.6585
  • Longitude: -112.067

    Address

  • Full Address: 525 E Wescott Dr
  • Address - House Number: 525
  • Street Direction: E
  • Address - Street Name: Wescott
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C026
  • 4-Digit Zip Code: 2263
  • Zip Code: 85024

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,646
  • Tax Rate Code Area: 691300

    Appraisal Valuation

  • Standard Deviation: 0.1566
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 80
  • Final Value: 432,295
  • High Value: 500,002
  • Low Value: 364,587

    Market Valuation

  • Market Total Value: $296,800
  • Market Land Value: $59,300
  • Market Improvement Value: $237,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,680
  • Assessed Land Value: $5,930
  • Assessed Improvements Value: $23,750

    Sales

  • Current Sale Contract Date: Jun 30, 2019
  • Current Sale Recording Date: Oct 11, 2019
  • Current Sale Transaction ID: 11660815531
  • Current Sale Price: $238,875
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20190812105
  • Previous Sale Recording Date: Mar 20, 2018
  • Previous Sale Contract Date: Mar 15, 2018
  • Previous Sale Amount: $240,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: AMERIFIRST FINANCIAL INC
  • Previous Mortgage Transaction Date: Mar 20, 2018
  • Previous Mortgage Loan Amount: $235,653
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Apr 01, 2048

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Frequently Asked Questions

What neighborhood is 525 East Wescott Drive located in?
The 525 East Wescott Drive is a house located in the neighborhood of Merit Estates in Deer Valley, Phoenix.
What is the average sales price for listings in 525 East Wescott Drive?
The average sales price for units in 525 East Wescott Drive is $0 currently.

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