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Phoenix 85013 Phoenix College
921 W VERDE Lane
Photo of 921 W VERDE Lane
Sold on May 25, 2017

12

Map

Photo of 921 W VERDE Lane
Photo of 921 W VERDE Lane
$270,000
● House - Off Market

921 W VERDE Lane

Phoenix, AZ 85013
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,984 Ft²
$503,748
RealtyHop Estimate
90.09%
Since Jun 1, 2017
AZ-Phoenix
Primary Model

About This Property

Located in desirable Campus Vista Historic District, this home is bursting with potential.  Great size home with rare 2 car detached garage in this beautiful neighborhood.  Fully updated homes go for MUCH higher in this area.  There's room to build sweat equity by bringing this vintage charmer up to date or great opportunity for an investor.  The roof was replaced just a few years ago and the home has dual pane windows. Large rooms, HUGE kitchen and cozy fireplace make this home special. Located in the prime central corridor and convenient to freeways, shops/restaurants, downtown events, etc. Almost 2000 sq ft in a historic district with a garage at $265,000?!  Wow!
Unit Size
1,984 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$134
Property Type
House
Property Taxes
$60
HOA Dues
-
Year Built
1954

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 months ago (ARMLS #5607272)

Price History

Date / Event Date Event Price
Apr 5, 2018 Sold
Premium
Sold
Sep 2, 2017 Listed by Long Realty Uptown $459,900
Listed by Long Realty Uptown
May 25, 2017 Sold
Premium
Sold
May 16, 2017 Listed by Long Realty Uptown $265,000
Listed by Long Realty Uptown

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 3
  • Patio Type: 38
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,956
  • Total Building Area: 1,984
  • Gross Building Area: 1,984
  • Building Area: 1,984
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 10
  • Heating: 24
  • Heated Square Feet: 1,984
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CAMPUS VISTA
  • Land Acres: 0000000206
  • Standard Land Use Code: 1001
  • County Land Use Code: 0131
  • State Land Use Code: 0131
  • Legal Description 1: CAMPUS VISTA MCR 32/24

Neighborhood

  • School District Name: Phoenix Union High School District
  • Census Tract: 110400

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: 3224
  • Parcel: 110-30-063
  • Block: 4
  • Lot: 15
  • Meridian: SEC 30 TWN 2N RNG 3E
  • Municipality: PHOENIX
  • Latitude: 33.4811
  • Longitude: -112.086

    Address

  • Full Address: 921 W Verde Ln
  • Address - House Number: 921
  • Street Direction: W
  • Address - Street Name: Verde
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C003
  • 4-Digit Zip Code: 4030
  • Zip Code: 85013

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $88,534
  • Tax Rate Code Area: 081300

    Appraisal Valuation

  • Standard Deviation: 0.1362
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 636,262
  • High Value: 722,943
  • Low Value: 549,580

    Market Valuation

  • Market Total Value: $438,200
  • Market Land Value: $87,600
  • Market Improvement Value: $350,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,910
  • Assessed Land Value: $4,380
  • Assessed Improvements Value: $17,530

    Sales

  • Current Sale Contract Date: Mar 27, 2018
  • Current Sale Recording Date: Apr 05, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20180254796
  • Previous Sale Recording Date: May 25, 2017
  • Previous Sale Contract Date: May 19, 2017
  • Previous Sale Amount: $270,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Encanto

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$345

Below Asking

0.03%

Average Days on Market

99

Average Home Size

2332 ft²

Average Home Age

58.9 years

Currently For Sale

262 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 777 N Central Avenue, Phoenix, AZ, 85004

$6,225 /mo

  • 2 Beds
  • 2 Baths
  • 1,524 ft²
777 N Central Avenue #PH2, Phoenix, AZ, 85004 Listing by Heather Troost
Unit for rent at 740 W Elm Street, Phoenix, AZ, 85013

$1,195 /mo

  • 1 Bed
  • 1 Bath
  • 638 ft²
740 W Elm Street #248, Phoenix, AZ, 85013 Listing by Lisset Virgen
Unit for rent at 17 W Vernon Avenue, Phoenix, AZ, 85003

$2,600 /mo

  • 2 Beds
  • 2 Baths
  • 1,428 ft²
17 W Vernon Avenue #619, Phoenix, AZ, 85003 Listing by Robert Maurice

Rentals Near You

Click here to view more rentals in the neighborhood.
ARMLS

Listed by: Ken Elder, Long Realty Uptown
Last Updated: 2 months ago
Data Source: ARMLS, MLS# 5607272
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 921 West Verde Lane built and last sold?
The property at 921 West Verde Lane was built in 1954 and last sold on Mar 27, 2018 for $368,000.
How much is this home worth?
The estimated value of the home located at 921 West Verde Lane is $698,674.
What are some comparable homes to 921 West Verde Lane?
There are currently no comparable homes to 921 West Verde Lane.
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