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525 West Berridge Lane

525 West Berridge Lane, Phoenix, AZ 85013
House in Alhambra
Sold Jun 07, 2019
$1,200,000
$931,000 by Homebridge Financial Services
Mortgage Due Sep 01, 2051
Sold Dec 02, 2005
$1,600,000
$650,000 by Equitable Home Mortgage Inc
Mortgage Due Jan 01, 2036
525 West Berridge Lane in Phoenix, AZ was first built in 1946 and is 78 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 5 full bathrooms. There are 5 partial bathrooms. 525 West Berridge Lane has 6,151 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 62,782 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. 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 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 block. 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. The property was last sold in Jun 5, 2019 for $1,200,000. That's $195.09 per sqft. Prior to that sales transaction, the property was also sold in Nov 29, 2005 for $1,600,000. 525 West Berridge Lane was last assessed in 2023. The total value of the property was assessed at $184,370. Specifically, the land the property is located on was valued at $36,870. While improvements on the property were assessed at a total of $147,500. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $15,615. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 16
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Concrete block
  • Exterior Walls Type: Block
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 62,782
  • Total Building Area: 6,151
  • Gross Building Area: 6,151
  • Building Area: 6,151
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 6,151
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ORANGEWOOD BLK 2 LOTS 11-15
  • Land Acres: 1.441
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ORANGEWOOD PT BLK 2 BEG 33 E & 30 S OF INTERSEC BERRIDGE LANE & 7TH AVE TH E 255.60 TO PT BEG TH E 200 S 310.68 W 200 N 310.73 TO PT BEG

Ownership

  • Current Owner : COOK JEFF C
  • Current Owner 2: COOK HEATHER D
  • Previous Owner : FRERET MICHAEL
  • Previous Owner 2: FRERET JILL
  • Owner Before Previous Owner: WEEKS MICHAEL A
  • Owner Before Previous Owner 2: BERSHADER HARVEY
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Phoenix Union High School District
  • Census Tract: 106600

Zoning

  • Zoning: R-10

Geography

  • Parcel: 161-32-031
  • Block: 2
  • Lot: 13,14
  • Meridian: SEC 8 TWN 2N RNG 3E
  • Municipality: PHOENIX
  • Latitude: 33.5254
  • Longitude: -112.081

    Address

  • Full Address: 525 W Berridge Ln
  • Address - House Number: 525
  • Street Direction: W
  • Address - Street Name: Berridge
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C035
  • 4-Digit Zip Code: 1549
  • Zip Code: 85013

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $15,615
  • Tax Rate Code Area: 381300

    Appraisal Valuation

  • Standard Deviation: 0.1362
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 2,400,321
  • High Value: 2,727,330
  • Low Value: 2,073,311

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $931,000
  • First Open Lien Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Aug 24, 2021
  • First Open Lien Mortgage Loan Amount: $931,000
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $1,843,700
  • Market Land Value: $368,700
  • Market Improvement Value: $1,475,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $184,370
  • Assessed Land Value: $36,870
  • Assessed Improvements Value: $147,500

    Sales

  • Current Sale Contract Date: Jun 05, 2019
  • Current Sale Recording Date: Jun 07, 2019
  • Current Sale Transaction ID: 11612251411
  • Current Sale Price: $1,200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20190426481
  • Previous Sale Recording Date: Dec 02, 2005
  • Previous Sale Contract Date: Nov 29, 2005
  • Previous Sale Amount: $1,600,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CSTONE MORTGAGE INC
  • First Mortgage Transaction Date: Jun 07, 2019
  • First Mortgage Loan Amount: $960,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jul 01, 2049

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: EQUITABLE HOME MORTGAGE INC
  • Previous Mortgage Transaction Date: Dec 02, 2005
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $650,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2036

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Frequently Asked Questions

What neighborhood is 525 West Berridge Lane located in?
The 525 West Berridge Lane is a house located in the neighborhood of Alhambra in Alhambra, Phoenix.
What is the average sales price for listings in 525 West Berridge Lane?
The average sales price for units in 525 West Berridge Lane is $0 currently.

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