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625 West Echo Lane

625 West Echo Lane, Phoenix, AZ 85021
Sold Nov 03, 2021
$1,450,000
$1,160,000 by Lhm Financial Corp
Mortgage Due Dec 01, 2051
Sold Oct 25, 2019
$1,119,114
$947,750 by Bank America Fsb
Mortgage Due Nov 01, 2049
625 West Echo Lane 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 2018 and is 6 years old. Residents will have access to 5 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 625 West Echo Lane has 3,831 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 8,191 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 3 available parking spaces. Residents will have the luxury of enjoying a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. 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. 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. The property was last sold in Oct 13, 2021 for $1,450,000. That's $378.49 per sqft. Prior to that sales transaction, the property was also sold in Oct 22, 2019 for $1,119,114. 625 West Echo Lane was last assessed in 2023. The total value of the property was assessed at $117,370. Specifically, the land the property is located on was valued at $23,470. While improvements on the property were assessed at a total of $93,900. 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 $7,064. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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.

Building Features

Exterior

Stucco Exterior
Brick Venner Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 16
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,191
  • Total Building Area: 3,831
  • Gross Building Area: 3,831
  • Building Area: 3,831
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,831
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MANORS AT BUTLER NORTH
  • Land Acres: 0.188
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MANORS AT BUTLER NORTH MCR 1266-23

Ownership

  • Current Owner : DEVERE MARCUS J
  • Current Owner 2: MCNAMARA ELLEN C
  • Previous Owner : CARPENTER BRIAN A
  • Previous Owner 2: DALAL RAMI
  • Owner Before Previous Owner: EMPIRE RES COMMUNITIES AT MANORS AT BUTL
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Washington Elementary District
  • Census Tract: 105300

Zoning

  • Zoning: R110

Geography

  • Assessors Map Reference: MB 126623
  • Parcel: 160-57-145
  • Lot: 8
  • Meridian: SEC 32 TWN 3N RNG 3E
  • Municipality: PHOENIX
  • Latitude: 33.5594
  • Longitude: -112.082

    Address

  • Full Address: 625 W Echo Ln
  • Address - House Number: 625
  • Street Direction: W
  • Address - Street Name: Echo
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C010
  • 4-Digit Zip Code: 5795
  • Zip Code: 85021

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,064
  • Tax Rate Code Area: 061300

    Appraisal Valuation

  • Standard Deviation: 0.1363
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 1,604,601
  • High Value: 1,823,408
  • Low Value: 1,385,795

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,160,000
  • First Open Lien Mortgage Lender: LHM FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: Nov 03, 2021
  • First Open Lien Mortgage Loan Amount: $1,160,000
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $1,173,700
  • Market Land Value: $234,700
  • Market Improvement Value: $939,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $117,370
  • Assessed Land Value: $23,470
  • Assessed Improvements Value: $93,900

    Sales

  • Current Sale Contract Date: Oct 13, 2021
  • Current Sale Recording Date: Nov 03, 2021
  • Current Sale Transaction ID: 11862099195
  • Current Sale Price: $1,450,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20211181031
  • Previous Sale Recording Date: Oct 25, 2019
  • Previous Sale Contract Date: Oct 22, 2019
  • Previous Sale Amount: $1,119,114
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LHM FINANCIAL CORP
  • First Mortgage Transaction Date: Nov 03, 2021
  • First Mortgage Loan Amount: $1,160,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: BANK AMERICA FSB
  • Previous Mortgage Transaction Date: Oct 25, 2019
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $947,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2049

About North Mountain



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Frequently Asked Questions

What neighborhood is 625 West Echo Lane located in?
The 625 West Echo Lane is a house located in the neighborhood of Sands Terrace in North Mountain, Phoenix.
What is the average sales price for listings in 625 West Echo Lane?
The average sales price for units in 625 West Echo Lane is $0 currently.

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