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6638 North Majorca Lane East

6638 North Majorca Lane East, Phoenix, AZ 85016
Townhouse in Villa Majorca
Sold Sep 26, 2022
$482,500
$434,250 by Guardian Mortgage
Mortgage Due Oct 01, 2042
Sold Dec 10, 2020
$335,000
$100,000 by Fairway Independent Mortgage C
Mortgage Due Jan 01, 2051
6638 North Majorca Lane East in Phoenix, AZ was first built in 1971 and is 53 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. It is a single story home. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 6638 North Majorca Lane East has 1,318 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 2,775 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The roof of the home is made of asphalt and ply sheets in a built-up roof style. For those who need parking, there is a carport. 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 frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. 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. 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, 6638 North Majorca Lane East sold most recently in Sep 21, 2022 for a total of $482,500. If you work out the math, that's approximately a cost of $366.08 per sqft. Before that, the property was also sold for $335,000 in Dec 7, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,403 in taxes each year. 6638 North Majorca Lane East was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $31,870. If we break it down further, the land itself was valued at $6,370. Improvements to the property, however, were assessed at a total of $25,500. 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

Condition

New Construction
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Townhouse
  • Exterior Walls Type: Wood
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,775
  • Total Building Area: 1,318
  • Gross Building Area: 1,318
  • Building Area: 1,318
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,318
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VILLA MAJORCA
  • Land Acres: 0.064
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: VILLA MAJORCA MCR 133-42

Ownership

  • Current Owner : WILK STEPHEN
  • Previous Owner : XIOMARA ESTRADA
  • Owner Before Previous Owner: SCHMIT JAMES M
  • Owner Before Previous Owner 2: SCHMIT COLLEEN R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Phoenix Union High School District
  • Census Tract: 106400

Zoning

  • Zoning: M-M

Geography

  • Assessors Map Reference: 13342
  • Parcel: 164-35-145
  • Lot: 27
  • Meridian: SEC 10 TWN 2N RNG 3E
  • Municipality: PHOENIX
  • Latitude: 33.5342
  • Longitude: -112.046

    Address

  • Full Address: 6638 N Majorca Ln E
  • Address - House Number: 6638
  • Street Segment Direction: E
  • Street Direction: N
  • Address - Street Name: Majorca
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C032
  • 4-Digit Zip Code: 1316
  • Zip Code: 85016

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,403
  • Tax Rate Code Area: 381300

    Appraisal Valuation

  • Standard Deviation: 0.1353
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 458,637
  • High Value: 520,707
  • Low Value: 396,567

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $434,250
  • First Open Lien Mortgage Lender: GUARDIAN MORTGAGE
  • First Open Lien Mortgage Recording Date: Sep 26, 2022
  • First Open Lien Mortgage Loan Amount: $434,250
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2042

    Market Valuation

  • Market Total Value: $318,700
  • Market Land Value: $63,700
  • Market Improvement Value: $255,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,870
  • Assessed Land Value: $6,370
  • Assessed Improvements Value: $25,500

    Sales

  • Current Sale Contract Date: Sep 21, 2022
  • Current Sale Recording Date: Sep 26, 2022
  • Current Sale Transaction ID: 11896277733
  • Current Sale Price: $482,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 734529
  • Previous Sale Recording Date: Dec 10, 2020
  • Previous Sale Contract Date: Dec 07, 2020
  • Previous Sale Amount: $335,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARDIAN MORTGAGE
  • First Mortgage Transaction Date: Sep 26, 2022
  • First Mortgage Loan Amount: $434,250
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • Previous Mortgage Transaction Date: Dec 10, 2020
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2051

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Frequently Asked Questions

What neighborhood is 6638 North Majorca Lane East located in?
The 6638 North Majorca Lane East is a townhouse located in the neighborhood of Villa Majorca in Camelback East, Phoenix.
What is the average sales price for listings in 6638 North Majorca Lane East?
The average sales price for units in 6638 North Majorca Lane East is $0 currently.

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