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6731 North Ocotillo Hermosa Circle

6731 North Ocotillo Hermosa Circle, Phoenix, AZ 85016
Property in Ocotillo Hermoso
Sold Sep 15, 2022
$410,000
$260,000 by Access Capital Group Inc
Mortgage Due Oct 01, 2052
Sold May 26, 2020
$296,000
$236,800 by Nova Financial & Investment Co
Mortgage Due Jun 01, 2050
Local assessors in Phoenix, AZ have categorized 6731 North Ocotillo Hermosa Circle as a residential type of property. The home was built in 1972 and is 52 years old. The property's lot size has been calculated to be 2,357 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 6731 North Ocotillo Hermosa Circle has a total of 1,190 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 carport 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 asphalt and ply sheets in a built-up roof style. 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. According to our sources, 6731 North Ocotillo Hermosa Circle sold most recently in Aug 17, 2022 for a total of $410,000. If you work out the math, that's approximately a cost of $344.54 per sqft. Before that, the property was also sold for $296,000 in May 21, 2020. 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 $1,245 in taxes each year. 6731 North Ocotillo Hermosa Circle was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $28,270. If we break it down further, the land itself was valued at $5,650. Improvements to the property, however, were assessed at a total of $22,620. 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: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Townhouse
  • Exterior Walls Type: Wood
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,357
  • Total Building Area: 1,190
  • Gross Building Area: 1,190
  • Building Area: 1,190
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,190
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OCOTILLO HERMOSO
  • Land Acres: 0.054
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: OCOTILLO HERMOSO MCR 141-46

Ownership

  • Current Owner : WESTWATER JAMES S
  • Previous Owner : FARRELL MICHAEL E
  • Owner Before Previous Owner: LINERT AMY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Phoenix Union High School District
  • Census Tract: 106400

Zoning

  • Zoning: M-M

Geography

  • Assessors Map Reference: 14146
  • Parcel: 164-34-049
  • Lot: 19
  • Meridian: SEC 10 TWN 2N RNG 3E
  • Municipality: PHOENIX
  • Latitude: 33.5358
  • Longitude: -112.044

    Address

  • Full Address: 6731 N Ocotillo Hermosa Cir
  • Address - House Number: 6731
  • Street Direction: N
  • Address - Street Name: Ocotillo Hermosa
  • Address - Suffix Type: Cir
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C032
  • 4-Digit Zip Code: 1017
  • Zip Code: 85016

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,245
  • Tax Rate Code Area: 381300

    Appraisal Valuation

  • Standard Deviation: 0.1632
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 79
  • Final Value: 413,680
  • High Value: 481,223
  • Low Value: 346,137

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $260,000
  • First Open Lien Mortgage Lender: ACCESS CAPITAL GROUP INC
  • First Open Lien Mortgage Recording Date: Sep 15, 2022
  • First Open Lien Mortgage Loan Amount: $260,000
  • 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, 2052

    Market Valuation

  • Market Total Value: $282,700
  • Market Land Value: $56,500
  • Market Improvement Value: $226,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,270
  • Assessed Land Value: $5,650
  • Assessed Improvements Value: $22,620

    Sales

  • Current Sale Contract Date: Aug 17, 2022
  • Current Sale Recording Date: Sep 15, 2022
  • Current Sale Transaction ID: 11895883326
  • Current Sale Price: $410,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 714064
  • Previous Sale Recording Date: May 26, 2020
  • Previous Sale Contract Date: May 21, 2020
  • Previous Sale Amount: $296,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ACCESS CAPITAL GROUP INC
  • First Mortgage Transaction Date: Sep 15, 2022
  • First Mortgage Loan Amount: $260,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: NOVA FINANCIAL & INVESTMENT CO
  • Previous Mortgage Transaction Date: May 26, 2020
  • Previous Mortgage Loan Amount: $236,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2050

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Frequently Asked Questions

What neighborhood is 6731 North Ocotillo Hermosa Circle located in?
The 6731 North Ocotillo Hermosa Circle is a located in the neighborhood of Ocotillo Hermoso in Camelback East, Phoenix.
What is the average sales price for listings in 6731 North Ocotillo Hermosa Circle?
The average sales price for units in 6731 North Ocotillo Hermosa Circle is $0 currently.

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