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7947 West Lynwood Street

7947 West Lynwood Street, Phoenix, AZ 85043
Property in Maryvale
Sold Mar 14, 2014
$125,000
$122,735 by Amerifirst Financial Inc
Mortgage Due Apr 01, 2044
Sold Oct 22, 2013
$125,000
Local assessors in Phoenix, AZ have categorized 7947 West Lynwood Street 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 3,577 square feet. As for the restroom situation, there are 2 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 7947 West Lynwood Street has a total of 1,602 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. 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, 7947 West Lynwood Street sold most recently in Feb 10, 2014 for a total of $125,000. If you work out the math, that's approximately a cost of $78.03 per sqft. Before that, the property was also sold for $125,000 in Oct 18, 2013. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $1,301 in taxes each year. 7947 West Lynwood Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $25,070. If we break it down further, the land itself was valued at $5,010. Improvements to the property, however, were assessed at a total of $20,060. 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.

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: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,577
  • Total Building Area: 1,602
  • Gross Building Area: 1,602
  • Building Area: 1,602
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,602
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: DARAVANTE AMD
  • Land Acres: 0.082
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DARAVANTE AMD MCR 783-23

Ownership

  • Current Owner : GONZALEZ MARCOS
  • Current Owner 2: GONZALEZ EDNA
  • Previous Owner : FEDERAL HOME LOAN MORTGAGE CORPORATION
  • Owner Before Previous Owner: FLORES ANICK E
  • Owner Before Previous Owner 2: RAMOS ARACELI
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Tolleson Union High School District
  • Census Tract: 112524

Zoning

  • Zoning: M-M

Geography

  • Assessors Map Reference: 78323
  • Parcel: 102-45-068
  • Lot: 54
  • Meridian: SEC 2 TWN 1N RNG 1E
  • Municipality: PHOENIX
  • Latitude: 33.4644
  • Longitude: -112.231

    Address

  • Full Address: 7947 W Lynwood St
  • Address - House Number: 7947
  • Street Direction: W
  • Address - Street Name: Lynwood
  • Address - Suffix Type: St
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C055
  • 4-Digit Zip Code: 1140
  • Zip Code: 85043

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,301
  • Tax Rate Code Area: 451300

    Appraisal Valuation

  • Standard Deviation: 0.1576
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 80
  • Final Value: 358,703
  • High Value: 415,241
  • Low Value: 302,164

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $122,735
  • First Open Lien Mortgage Lender: AMERIFIRST FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Mar 14, 2014
  • First Open Lien Mortgage Loan Amount: $122,735
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2044

    Market Valuation

  • Market Total Value: $250,700
  • Market Land Value: $50,100
  • Market Improvement Value: $200,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,070
  • Assessed Land Value: $5,010
  • Assessed Improvements Value: $20,060

    Sales

  • Current Sale Contract Date: Feb 10, 2014
  • Current Sale Recording Date: Mar 14, 2014
  • Current Sale Transaction ID: 1005239181
  • Current Sale Price: $125,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2014-0163439
  • Previous Sale Recording Date: Oct 22, 2013
  • Previous Sale Contract Date: Oct 18, 2013
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: AMERIFIRST FINANCIAL INC
  • First Mortgage Transaction Date: Mar 14, 2014
  • First Mortgage Loan Amount: $122,735
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2044

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Frequently Asked Questions

What neighborhood is 7947 West Lynwood Street located in?
The 7947 West Lynwood Street is a located in the neighborhood of Maryvale in Maryvale, Phoenix.
What is the average sales price for listings in 7947 West Lynwood Street?
The average sales price for units in 7947 West Lynwood Street is $0 currently.

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