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7526 South 31st Way

7526 South 31st Way, Phoenix, AZ 85042
Sold May 11, 2022
$345,000
$324,950 by Cherry Creek Mortgage Llc
Mortgage Due Jun 01, 2052
Sold Jul 28, 2015
$118,500
$112,575 by Us Bank Na
Mortgage Due Aug 01, 2045
7526 South 31st Way in Phoenix, AZ was first built in 2007 and is 17 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 condo style. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 7526 South 31st Way has 1,205 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 1,203 square feet.

Learn more about the property and building on this page. There is a unknown. The roof of the home is made of concrete. Water for the property is sourced from a water system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. There is one available parking space. 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 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. 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, 7526 South 31st Way sold most recently in May 5, 2022 for a total of $345,000. If you work out the math, that's approximately a cost of $286.31 per sqft. Before that, the property was also sold for $118,500 in Jul 1, 2015. 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 $1,297 in taxes each year. 7526 South 31st Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $22,070. If we break it down further, the land itself was valued at $4,410. Improvements to the property, however, were assessed at a total of $17,660. 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 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. 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

Exterior

Stucco Exterior

Parking

Open Parking
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
  • Building Style: Condo
  • Exterior Walls Type: Combination
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 1,203
  • Total Building Area: 1,205
  • Gross Building Area: 1,205
  • Building Area: 1,205
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,205
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HUNTER RIDGE PHASE 2 CONDOMINIUM
  • Land Acres: 0.028
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: HUNTER RIDGE PHASE 2 CONDOMINIUM MCR 822-38

Ownership

  • Current Owner : CHAN REA FRANCINE Y
  • Current Owner 2: CHAN JERIC MERVIN
  • Previous Owner : SANTIAGO LUISDIEGO R
  • Owner Before Previous Owner: KITTRELL NAKINA
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Phoenix Union High School District
  • Census Tract: 116203

Zoning

  • Zoning: M-M

Geography

  • Assessors Map Reference: 82238
  • Subdivision Phase Number: 2
  • Parcel: 122-96-886
  • Lot: 107
  • Meridian: SEC 35 TWN 1N RNG 3E
  • Municipality: PHOENIX
  • Latitude: 33.3785
  • Longitude: -112.015

    Address

  • Full Address: 7526 S 31st Way
  • Legal Unit: 107
  • Address - House Number: 7526
  • Street Direction: S
  • Address - Street Name: 31st
  • Address - Suffix Type: Way
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: R085
  • 4-Digit Zip Code: 6063
  • Zip Code: 85042

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,297
  • Tax Rate Code Area: 661300

    Appraisal Valuation

  • Standard Deviation: 0.1353
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 317,647
  • High Value: 360,636
  • Low Value: 274,659

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $324,950
  • First Open Lien Mortgage Lender: CHERRY CREEK MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: May 11, 2022
  • First Open Lien Mortgage Loan Amount: $324,950
  • 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: Jun 01, 2052

    Market Valuation

  • Market Total Value: $220,700
  • Market Land Value: $44,100
  • Market Improvement Value: $176,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,070
  • Assessed Land Value: $4,410
  • Assessed Improvements Value: $17,660

    Sales

  • Current Sale Contract Date: May 05, 2022
  • Current Sale Recording Date: May 11, 2022
  • Current Sale Transaction ID: 11887175729
  • Current Sale Price: $345,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 410135
  • Previous Sale Recording Date: Jul 28, 2015
  • Previous Sale Contract Date: Jul 01, 2015
  • Previous Sale Amount: $118,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHERRY CREEK MORTGAGE LLC
  • First Mortgage Transaction Date: May 11, 2022
  • First Mortgage Loan Amount: $324,950
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: US BANK NA
  • Previous Mortgage Transaction Date: Jul 28, 2015
  • Previous Mortgage Loan Amount: $112,575
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2045

About South Mountain



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Frequently Asked Questions

What neighborhood is 7526 South 31st Way located in?
The 7526 South 31st Way is a townhouse located in the neighborhood of Hunter Ridge Condominiums in South Mountain, Phoenix.
What is the average sales price for listings in 7526 South 31st Way?
The average sales price for units in 7526 South 31st Way is $0 currently.

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