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8525 North 15th Drive

8525 North 15th Drive, Phoenix, AZ 85021
Property in Palm Grove
Sold Sep 30, 2015
$350,000
$280,000 by Prospect Mortgage Llc
Mortgage Due Oct 01, 2045
8525 North 15th Drive in Phoenix, AZ was first built in 1963 and is 61 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 8525 North 15th Drive has 2,262 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 13,011 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The roof of the home is made of asphalt. For those who need parking, there is a garage. There are a total of 2 available parking spaces. 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 concrete block control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. The exterior walls of the home are made of block. 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, 8525 North 15th Drive sold most recently in Aug 25, 2015 for a total of $350,000. If you work out the math, that's approximately a cost of $154.73 per sqft. 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 $4,072 in taxes each year. 8525 North 15th Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $52,260. If we break it down further, the land itself was valued at $10,450. Improvements to the property, however, were assessed at a total of $41,810. 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: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Concrete block
  • Exterior Walls Type: Block
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 13,011
  • Total Building Area: 2,262
  • Gross Building Area: 2,262
  • Building Area: 2,262
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,262
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PALM GROVE
  • Land Acres: 0.299
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PALM GROVE MCR 98/07

Ownership

  • Current Owner : RUBINOVA TAMARA
  • Previous Owner : WELCH ERIC C
  • Previous Owner 2: WELCH LUCIEN S
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Washington Elementary District
  • Census Tract: 105400

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: 9807
  • Parcel: 158-41-051
  • Lot: 51
  • Meridian: SEC 31 TWN 3N RNG 3E
  • Municipality: PHOENIX
  • Latitude: 33.5615
  • Longitude: -112.093

    Address

  • Full Address: 8525 N 15th Dr
  • Address - House Number: 8525
  • Street Direction: N
  • Address - Street Name: 15th
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C026
  • 4-Digit Zip Code: 5423
  • Zip Code: 85021

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,072
  • Tax Rate Code Area: 061300

    Appraisal Valuation

  • Standard Deviation: 0.1507
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 81
  • Final Value: 757,266
  • High Value: 871,429
  • Low Value: 643,103

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $537,000
  • First Open Lien Mortgage Lender: PROSPECT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Sep 30, 2015
  • First Open Lien Mortgage Loan Amount: $280,000
  • 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: Oct 01, 2045
  • Second Open Lien Mortgage Lender: LOAN SIMPLE INC
  • Second Open Lien Mortgage Recording Date: Dec 02, 2021
  • Second Open Lien Mortgage Loan Amount: $257,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $522,600
  • Market Land Value: $104,500
  • Market Improvement Value: $418,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $52,260
  • Assessed Land Value: $10,450
  • Assessed Improvements Value: $41,810

    Sales

  • Current Sale Contract Date: Aug 25, 2015
  • Current Sale Recording Date: Sep 30, 2015
  • Current Sale Transaction ID: 1305173416
  • Current Sale Price: $350,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2015-0706522

    Last Sale Mortgage

  • First Mortgage Lender: PROSPECT MORTGAGE LLC
  • First Mortgage Transaction Date: Sep 30, 2015
  • First Mortgage Loan Amount: $280,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2045

About North Mountain



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Frequently Asked Questions

What neighborhood is 8525 North 15th Drive located in?
The 8525 North 15th Drive is a located in the neighborhood of Palm Grove in North Mountain, Phoenix.
What is the average sales price for listings in 8525 North 15th Drive?
The average sales price for units in 8525 North 15th Drive is $0 currently.

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