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7342 West Magdalena Lane

7342 West Magdalena Lane, Laveen, AZ 85339
Property in Laveen Meadows
Sold Jul 15, 2015
$180,000
$166,250 by Primary Residential Mortgage I
Mortgage Due Aug 01, 2045
Sold Jun 19, 2007
$228,650
$187,500 by Imortgage.com Inc
Mortgage Due Jul 01, 2037
Local assessors in Laveen, AZ have categorized 7342 West Magdalena Lane as a residential type of property. The home was built in 2007 and is 17 years old. The property's lot size has been calculated to be 8,299 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7342 West Magdalena Lane has a total of 1,666 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of concrete. Lots of a combination of material were used in the construction of the exterior walls of the home. Residents rely on a refrigeration air conditioning system for their cooling system. The home's a heating system is the primary heating source. The property was last sold in Jun 23, 2015 for $180,000. That's $108.04 per sqft. Prior to that sales transaction, the property was also sold in Feb 22, 2007 for $228,650. 7342 West Magdalena Lane was last assessed in 2023. The total value of the property was assessed at $28,760. Specifically, the land the property is located on was valued at $5,750. While improvements on the property were assessed at a total of $23,010. 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 $1,874. 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: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,299
  • Total Building Area: 1,666
  • Gross Building Area: 1,666
  • Building Area: 1,666
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,666
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LAVEEN MEADOWS PARCEL 3
  • Land Acres: 0.191
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAVEEN MEADOWS PARCEL 3 MCR 729-40

Ownership

  • Current Owner : CHESTNUT TROY
  • Previous Owner : DOHERTY DONALD S
  • Previous Owner 2: DOHERTY MARY C
  • Owner Before Previous Owner: TW HOMES/ARIZONA INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Phoenix Union High School District
  • Census Tract: 116618

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: 72940
  • Parcel: 300-01-958
  • Lot: 138
  • Meridian: SEC 1 TWN 1S RNG 1E
  • Municipality: PHOENIX
  • Latitude: 33.3717
  • Longitude: -112.214

    Address

  • Full Address: 7342 W Magdalena Ln
  • Address - House Number: 7342
  • Street Direction: W
  • Address - Street Name: Magdalena
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Laveen
  • Carrier Code: R007
  • 4-Digit Zip Code: 3404
  • Zip Code: 85339

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,874
  • Tax Rate Code Area: 591300

    Appraisal Valuation

  • Standard Deviation: 0.1531
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 81
  • Final Value: 414,914
  • High Value: 478,472
  • Low Value: 351,356

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $166,250
  • First Open Lien Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Open Lien Mortgage Recording Date: Jul 15, 2015
  • First Open Lien Mortgage Loan Amount: $166,250
  • 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: Aug 01, 2045

    Market Valuation

  • Market Total Value: $287,600
  • Market Land Value: $57,500
  • Market Improvement Value: $230,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,760
  • Assessed Land Value: $5,750
  • Assessed Improvements Value: $23,010

    Sales

  • Current Sale Contract Date: Jun 23, 2015
  • Current Sale Recording Date: Jul 15, 2015
  • Current Sale Transaction ID: 1207477865
  • Current Sale Price: $180,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2015-0510254
  • Previous Sale Recording Date: Jun 19, 2007
  • Previous Sale Contract Date: Feb 22, 2007
  • Previous Sale Amount: $228,650
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Mortgage Transaction Date: Jul 15, 2015
  • First Mortgage Loan Amount: $166,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: IMORTGAGE.COM INC
  • Previous Mortgage Transaction Date: Jun 19, 2007
  • Previous Mortgage Loan Amount: $187,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2037

About Laveen



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Frequently Asked Questions

What neighborhood is 7342 West Magdalena Lane located in?
The 7342 West Magdalena Lane is a located in the neighborhood of Laveen Meadows in Laveen, Laveen.
What is the average sales price for listings in 7342 West Magdalena Lane?
The average sales price for units in 7342 West Magdalena Lane is $0 currently.

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