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7442 East Nance Street

7442 East Nance Street, Mesa, AZ 85207
Property in Maricopa
Sold Oct 07, 2019
$428,000
$344,600 by Rocket Mortgage Llc
Mortgage Due Dec 01, 2048
Sold Feb 06, 2002
$239,910
$245,850 by Wells Fargo Home Mtg Inc
Mortgage Due Feb 01, 2032
Local assessors in Mesa, AZ have categorized 7442 East Nance Street as a residential type of property. The home was built in 2002 and is 22 years old. The property's lot size has been calculated to be 11,480 square feet. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7442 East Nance Street has a total of 2,512 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 3 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. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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 - B. The building has a roof that is made of concrete. Lots of wood 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. 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, 7442 East Nance Street sold most recently in Oct 3, 2019 for a total of $428,000. If you work out the math, that's approximately a cost of $170.38 per sqft. Before that, the property was also sold for $239,910 in Jan 30, 2002. 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 $3,074 in taxes each year. 7442 East Nance Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $48,330. If we break it down further, the land itself was valued at $9,660. Improvements to the property, however, were assessed at a total of $38,670. 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. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 11,480
  • Total Building Area: 2,512
  • Gross Building Area: 2,512
  • Building Area: 2,512
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,512
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GRAYFOX AT LAS SENDAS
  • Land Acres: 0.264
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GRAYFOX AT LAS SENDAS MCR 529-46

Ownership

  • Current Owner : SHIPMAN CHERYL E
  • Current Owner 2: SHIPMAN SCOTT J
  • Previous Owner : STEVENS MICHAEL L
  • Previous Owner 2: STEVENS SONYA W
  • Owner Before Previous Owner: FULTON HOMES SALES CORP
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Mesa Unified District
  • Census Tract: 420109

Zoning

  • Zoning: R-7

Geography

  • Assessors Map Reference: 52946
  • Parcel: 219-25-552
  • Lot: 84
  • Meridian: SEC 6 TWN 1N RNG 7E
  • Municipality: MESA
  • Latitude: 33.4647
  • Longitude: -111.67

    Address

  • Full Address: 7442 E Nance St
  • Address - House Number: 7442
  • Street Direction: E
  • Address - Street Name: Nance
  • Address - Suffix Type: St
  • State: AZ
  • City Name: Mesa
  • Carrier Code: R026
  • 4-Digit Zip Code: 2084
  • Zip Code: 85207

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,074
  • Tax Rate Code Area: 041000

    Appraisal Valuation

  • Standard Deviation: 0.149
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 81
  • Final Value: 677,500
  • High Value: 778,480
  • Low Value: 576,519

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $344,600
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Nov 17, 2021
  • First Open Lien Mortgage Loan Amount: $344,600
  • First Open Lien Mortgage Term: 324
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2048

    Market Valuation

  • Market Total Value: $483,300
  • Market Land Value: $96,600
  • Market Improvement Value: $386,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $48,330
  • Assessed Land Value: $9,660
  • Assessed Improvements Value: $38,670

    Sales

  • Current Sale Contract Date: Oct 03, 2019
  • Current Sale Recording Date: Oct 07, 2019
  • Current Sale Transaction ID: 11659136004
  • Current Sale Price: $428,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20190795224
  • Previous Sale Recording Date: Feb 06, 2002
  • Previous Sale Contract Date: Jan 30, 2002
  • Previous Sale Amount: $239,910
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Oct 07, 2019
  • First Mortgage Loan Amount: $348,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO HOME MTG INC
  • Previous Mortgage Transaction Date: Feb 06, 2002
  • Previous Mortgage Loan Amount: $245,850
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2032

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Frequently Asked Questions

What neighborhood is 7442 East Nance Street located in?
The 7442 East Nance Street is a located in the neighborhood of Maricopa in Mesa, Mesa.
What is the average sales price for listings in 7442 East Nance Street?
The average sales price for units in 7442 East Nance Street is $0 currently.

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