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8424 South 50th Drive

8424 South 50th Drive, Laveen, AZ 85339
Property in Cheatham Farms
Sold Aug 09, 2017
Transfer
$163,817 by Nova Financial & Investment Co
Mortgage Due Sep 01, 2047
Sold Jul 31, 2008
$165,000
$162,450 by Sierra Pacific Mortgage Servic
Mortgage Due Aug 01, 2038
Local assessors in Laveen, AZ have categorized 8424 South 50th Drive as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 5,568 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 8424 South 50th Drive has a total of 2,182 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 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 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. Before that, the property was also sold for $165,000 in Jul 16, 2008. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,868 in taxes each year. 8424 South 50th Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $29,030. If we break it down further, the land itself was valued at $5,800. Improvements to the property, however, were assessed at a total of $23,230. 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: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,568
  • Total Building Area: 2,182
  • Gross Building Area: 2,182
  • Building Area: 2,182
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,182
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHEATHAM FARMS UNIT 3 AMD
  • Land Acres: 0.128
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CHEATHAM FARMS UNIT 3 AMD MCR 585-47

Ownership

  • Current Owner : WADE JESSICA N
  • Previous Owner : HERNANDEZ JACOB JAIME
  • Owner Before Previous Owner: DEUTSCHE BANK NATIONAL TRUST CO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Phoenix Union High School District
  • Census Tract: 116610

Zoning

  • Zoning: R-8

Geography

  • Assessors Map Reference: 58547
  • Parcel: 300-84-635
  • Lot: 142
  • Meridian: SEC 4 TWN 1S RNG 2E
  • Municipality: PHOENIX
  • Latitude: 33.3694
  • Longitude: -112.167

    Address

  • Full Address: 8424 S 50th Dr
  • Legal Unit: 3
  • Address - House Number: 8424
  • Street Direction: S
  • Address - Street Name: 50th
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Laveen
  • Carrier Code: R017
  • 4-Digit Zip Code: 2164
  • Zip Code: 85339

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,868
  • Tax Rate Code Area: 591300

    Appraisal Valuation

  • Standard Deviation: 0.1498
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 81
  • Final Value: 418,768
  • High Value: 481,508
  • Low Value: 356,029

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $163,817
  • First Open Lien Mortgage Lender: NOVA FINANCIAL & INVESTMENT CO
  • First Open Lien Mortgage Recording Date: Aug 09, 2017
  • First Open Lien Mortgage Loan Amount: $163,817
  • 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: Sep 01, 2047

    Market Valuation

  • Market Total Value: $290,300
  • Market Land Value: $58,000
  • Market Improvement Value: $232,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,030
  • Assessed Land Value: $5,800
  • Assessed Improvements Value: $23,230

    Sales

  • Current Sale Contract Date: Aug 04, 2017
  • Current Sale Recording Date: Aug 09, 2017
  • Current Sale Transaction ID: 1732301373
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 2017-0584095
  • Previous Sale Recording Date: Jul 31, 2008
  • Previous Sale Contract Date: Jul 16, 2008
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NOVA FINANCIAL & INVESTMENT CO
  • First Mortgage Transaction Date: Aug 09, 2017
  • First Mortgage Loan Amount: $163,817
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: SIERRA PACIFIC MORTGAGE SERVIC
  • Previous Mortgage Transaction Date: Jul 31, 2008
  • Previous Mortgage Loan Amount: $162,450
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2038

About Laveen



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Frequently Asked Questions

What neighborhood is 8424 South 50th Drive located in?
The 8424 South 50th Drive is a located in the neighborhood of Cheatham Farms in Laveen, Laveen.
What is the average sales price for listings in 8424 South 50th Drive?
The average sales price for units in 8424 South 50th Drive is $0 currently.

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