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640 West Echo Lane

640 West Echo Lane, Phoenix, AZ 85021
Sold Mar 24, 2022
$1,262,500
$1,136,000 by Lhm Financial Corporation
Mortgage Due Apr 01, 2052
Sold Feb 10, 2020
$951,000
$985,236 by Carrington Mortgage Services L
Mortgage Due Mar 01, 2050
640 West Echo Lane in Phoenix, AZ was first built in 2019 and is 5 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 5 full bathrooms. There are 5 partial bathrooms. 640 West Echo Lane has 3,831 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 11,623 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 3 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. The property was last sold in Mar 22, 2022 for $1,262,500. That's $329.55 per sqft. Prior to that sales transaction, the property was also sold in Feb 3, 2020 for $951,000. 640 West Echo Lane was last assessed in 2023. The total value of the property was assessed at $106,880. Specifically, the land the property is located on was valued at $21,370. While improvements on the property were assessed at a total of $85,510. 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 $5,998. 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. 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

Condition

New Construction

Parking

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

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • 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: 11,623
  • 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: 0.267
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MANORS AT BUTLER NORTH MCR 1266-23

Ownership

  • Current Owner : RAJAKUMAR KARTHIKEYAN
  • Current Owner 2: CHINTALA SOUMINI
  • Previous Owner : SCHEPLER
  • Previous Owner 2: VIRGINIE
  • Owner Before Previous Owner: EMPIRE RES COMMUNITIES AT MANORS AT BUTL
  • Ownership Rights Codes: Community Property

Neighborhood

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

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: MB 126623
  • Parcel: 160-57-138
  • Lot: 1
  • Meridian: SEC 32 TWN 3N RNG 3E
  • Municipality: PHOENIX
  • Latitude: 33.56
  • Longitude: -112.082

    Address

  • Full Address: 640 W Echo Ln
  • Address - House Number: 640
  • Street Direction: W
  • Address - Street Name: Echo
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C010
  • 4-Digit Zip Code: 5794
  • Zip Code: 85021

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,998
  • Tax Rate Code Area: 061300

    Appraisal Valuation

  • Standard Deviation: 0.0598
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 97
  • Final Value: 1,324,982
  • High Value: 1,404,301
  • Low Value: 1,245,663

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,136,000
  • First Open Lien Mortgage Lender: LHM FINANCIAL CORPORATION
  • First Open Lien Mortgage Recording Date: Mar 24, 2022
  • First Open Lien Mortgage Loan Amount: $1,136,000
  • 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: Apr 01, 2052

    Market Valuation

  • Market Total Value: $1,068,800
  • Market Land Value: $213,700
  • Market Improvement Value: $855,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $106,880
  • Assessed Land Value: $21,370
  • Assessed Improvements Value: $85,510

    Sales

  • Current Sale Contract Date: Mar 22, 2022
  • Current Sale Recording Date: Mar 24, 2022
  • Current Sale Transaction ID: 11882743802
  • Current Sale Price: $1,262,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 264215
  • Previous Sale Recording Date: Feb 10, 2020
  • Previous Sale Contract Date: Feb 03, 2020
  • Previous Sale Amount: $951,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LHM FINANCIAL CORPORATION
  • First Mortgage Transaction Date: Mar 24, 2022
  • First Mortgage Loan Amount: $1,136,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: CARRINGTON MORTGAGE SERVICES L
  • Previous Mortgage Transaction Date: Feb 10, 2020
  • Previous Mortgage Loan Amount: $985,236
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Mar 01, 2050

About North Mountain



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Frequently Asked Questions

What neighborhood is 640 West Echo Lane located in?
The 640 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 640 West Echo Lane?
The average sales price for units in 640 West Echo Lane is $0 currently.

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