627 North 37th Lane

Local assessors in Phoenix, AZ have categorized 627 North 37th Lane as a commercial type of property. The property's lot size has been calculated to be 9,735 square feet.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Moving onto specific details regarding the building. Our sources show that the building condition is poor. The home has been utilizing gas for fuel. 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, 627 North 37th Lane was last sold in Apr 20, 2021 for $95,000. Prior to that sales transaction, the property was sold for $85,000 in Jan 7, 2021. Current property owners are expected to pay $697 in taxes per year. The property on 627 North 37th Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $7,160. To break that down further, the land itself was valued at $7,160. 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. 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.