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2718 East Wood Street

2718 East Wood Street, Phoenix, AZ 85040
Property in Southgate Avenue
Sold Sep 13, 2022
$302,000
$286,900 by Nova Financial & Investment Co
Mortgage Due Oct 01, 2052
Sold Jul 21, 2022
$304,000
2718 East Wood Street in Phoenix, AZ was first built in 1968 and is 56 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 2718 East Wood Street has 1,008 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 7,827 square feet.

Learn more about the property and building on this page. There is a unknown. The roof of the home is made of asphalt. For those who need parking, there is a garage. 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 D. 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 evaporative cooler. 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, 2718 East Wood Street sold most recently in Sep 13, 2022 for a total of $302,000. If you work out the math, that's approximately a cost of $299.60 per sqft. Before that, the property was also sold for $304,000 in Jul 21, 2022. 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 $377 in taxes each year. 2718 East Wood Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $15,380. If we break it down further, the land itself was valued at $3,070. Improvements to the property, however, were assessed at a total of $12,310. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: D
  • 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: 0

    Dimensions

  • Lot Size Square Feet: 7,827
  • Total Building Area: 1,008
  • Gross Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Evaporative cooler
  • Heating: Yes
  • Heated Square Feet: 1,008
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PEILA HOMES LOTS 39-79, 103-126
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PEILA HOMES LOTS 39-79, 103-126 MCR 43/12

Ownership

  • Current Owner : SANDOVAL NICOLAS ORTEGA
  • Current Owner 2: SAENZ JASMINE
  • Previous Owner : OPENDOOR PROPERTY J LLC
  • Owner Before Previous Owner: MILLBRIDGE INVESTMENTS LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Phoenix Union High School District
  • Census Tract: 115200

Zoning

  • Zoning: M-M

Geography

  • Assessors Map Reference: 4312
  • Parcel: 122-20-090
  • Lot: 46
  • Meridian: SEC 23 TWN 1N RNG 3E
  • Municipality: PHOENIX
  • Latitude: 33.409
  • Longitude: -112.023

    Address

  • Full Address: 2718 E Wood St
  • Address - House Number: 2718
  • Street Direction: E
  • Address - Street Name: Wood
  • Address - Suffix Type: St
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C041
  • 4-Digit Zip Code: 1558
  • Zip Code: 85040

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $377
  • Tax Rate Code Area: 661300

    Appraisal Valuation

  • Standard Deviation: 0.2364
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 313,611
  • High Value: 387,755
  • Low Value: 239,467

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $286,900
  • First Open Lien Mortgage Lender: NOVA FINANCIAL & INVESTMENT CO
  • First Open Lien Mortgage Recording Date: Sep 13, 2022
  • First Open Lien Mortgage Loan Amount: $286,900
  • 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, 2052

    Market Valuation

  • Market Total Value: $153,800
  • Market Land Value: $30,700
  • Market Improvement Value: $123,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,380
  • Assessed Land Value: $3,070
  • Assessed Improvements Value: $12,310

    Sales

  • Current Sale Contract Date: Sep 13, 2022
  • Current Sale Recording Date: Sep 13, 2022
  • Current Sale Transaction ID: 11895747131
  • Current Sale Price: $302,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 708103
  • Previous Sale Recording Date: Jul 21, 2022
  • Previous Sale Contract Date: Jul 21, 2022
  • Previous Sale Amount: $304,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NOVA FINANCIAL & INVESTMENT CO
  • First Mortgage Transaction Date: Sep 13, 2022
  • First Mortgage Loan Amount: $286,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2052

About South Mountain



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Frequently Asked Questions

What neighborhood is 2718 East Wood Street located in?
The 2718 East Wood Street is a located in the neighborhood of Southgate Avenue in South Mountain, Phoenix.
What is the average sales price for listings in 2718 East Wood Street?
The average sales price for units in 2718 East Wood Street is $0 currently.

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