S
Seller's Agent in 2024
Sharon Terhune
eXp Realty
(480) 269-8499
21 Total Sales
1509 E Cheery Lynn Rd Phoenix, AZ 85014
Estimated Value: $611,202
3
Beds
2
Baths
1,062
Sq Ft
$576/Sq Ft
Est. Value
Highlights
- The property is located in a historic district
- 1 Fireplace
- Security System Owned
- Phoenix Coding Academy Rated A
- No HOA
- Tankless Water Heater
About This Home
As of November 2024''This Historic 1937 Adobe Home is the epitome of the Vintage Phoenix Lifestyle, from walking the picturesque Palm Lined Street that is steeped in history, to unwinding in your Spacious Living Room with over 10'' Authentic Plaster Coved Vaulted Ceilings, a timeless Red Brick Fireplace w/mantel & Antique Wood Burning Stove. While staging entertainment from your Modern Kitchen you will be immersed in the best of the old and the convenience of the new!'' Mature Shade Trees and Landscaping surround you on your oversized front and rear yards, welcoming family & friends. Newest updates included...HVAC 2022, Relined Sewer Main line 2023, 4-Burner SS Gas Stove 2022, SS Microwave 2022! Don't wait on this rare opportunity to own a piece of history in Phoenix's renowned Cheery Lynn Historic District!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,397
Year Built
- Built in 1937
Lot Details
- 6,081 Sq Ft Lot
- Desert faces the front and back of the property
- Block Wall Fence
Parking
- 1 Open Parking Space
Home Design
- Foam Roof
- Adobe
Interior Spaces
- 1,062 Sq Ft Home
- 1-Story Property
- 1 Fireplace
- Security System Owned
Kitchen
- Kitchen Updated in 2022
- Gas Cooktop
- Built-In Microwave
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Location
- The property is located in a historic district
Schools
- Longview Elementary School
- Osborn Middle School
- North High School
Utilities
- Cooling System Updated in 2022
- Refrigerated Cooling System
- Heating Available
- Plumbing System Updated in 2023
- Tankless Water Heater
Community Details
- No Home Owners Association
- Association fees include no fees
- Cheery Lynn Subdivision
Listing and Financial Details
- Tax Lot 47
- Assessor Parcel Number 118-12-048
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 26, 2024
Closed on
Nov 4, 2024
Sold by
Patel Yash
Bought by
Ypatelanes Llc
Seller's Agent
Sharon Terhune
eXp Realty
Buyer's Agent
Jennifer Mirigliani
Romano Realty LLC
List Price
$610,000
Sold Price
$620,000
Premium/Discount to List
$10,000
1.64%
Views
2
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,798
Avg. Annual Appreciation
-3.00%
Original Mortgage
$372,000
Outstanding Balance
$370,158
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$241,044
Purchase Details
Listed on
Sep 26, 2024
Closed on
Nov 1, 2024
Sold by
Cotton Ted L and Cotton Gerri B
Bought by
Patel Yash
Seller's Agent
Sharon Terhune
eXp Realty
Buyer's Agent
Jennifer Mirigliani
Romano Realty LLC
List Price
$610,000
Sold Price
$620,000
Premium/Discount to List
$10,000
1.64%
Views
2
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Outstanding Balance
$370,158
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$241,044
Purchase Details
Closed on
Feb 27, 2004
Sold by
Sweinhagen Paul B and Sweinhagen Katherine J
Bought by
Cotton Ted L and Cotton Gerri B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
5.65%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 20, 2003
Sold by
Sweinhagen Paul B
Bought by
Sweinhagen Paul B and Sweinhagen Katherine J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.15%
Mortgage Type
Balloon
Purchase Details
Closed on
Aug 29, 1997
Sold by
Green Michael Norman
Bought by
Sweinhagen Paul B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,100
Interest Rate
9.87%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ypatelanes Llc | -- | -- | |
| Patel Yash | $620,000 | Wfg National Title Insurance C | |
| Cotton Ted L | $192,500 | Capital Title Agency Inc | |
| Sweinhagen Paul B | -- | Guaranty Title Agency Az Inc | |
| Sweinhagen Paul B | $89,000 | Transnation Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Patel Yash | $372,000 | |
| Previous Owner | Cotton Ted L | $281,000 | |
| Previous Owner | Cotton Ted L | $251,000 | |
| Previous Owner | Cotton Ted L | $251,400 | |
| Previous Owner | Cotton Ted L | $266,700 | |
| Previous Owner | Cotton Ted I | $79,000 | |
| Previous Owner | Cotton Ted L | $40,000 | |
| Previous Owner | Cotton Ted L | $192,500 | |
| Previous Owner | Sweinhagen Paul B | $140,000 | |
| Previous Owner | Sweinhagen Paul B | $80,100 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/06/2024 11/06/24 | Sold | $620,000 | +1.6% | $584 / Sq Ft |
| 09/26/2024 09/26/24 | For Sale | $610,000 | -- | $574 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,490 | $22,570 | -- | -- |
| 2024 | $2,397 | $21,495 | -- | -- |
| 2023 | $2,397 | $37,080 | $7,410 | $29,670 |
| 2022 | $2,387 | $28,930 | $5,780 | $23,150 |
| 2021 | $2,457 | $26,580 | $5,310 | $21,270 |
| 2020 | $2,390 | $23,910 | $4,780 | $19,130 |
| 2019 | $2,279 | $23,420 | $4,680 | $18,740 |
| 2018 | $2,197 | $24,460 | $4,890 | $19,570 |
| 2017 | $1,999 | $20,100 | $4,020 | $16,080 |
| 2016 | $1,050 | $17,160 | $3,430 | $13,730 |
| 2015 | $978 | $13,810 | $2,760 | $11,050 |
Source: Public Records
Agents Affiliated with this Home
-
Sharon Terhune
-
Jennifer Mirigliani
Buyer's Agent in 2024
Jennifer Mirigliani
Romano Realty LLC
(480) 206-5462
90 Total Sales
Map
Similar Homes in Phoenix, AZ
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6758520
APN: 118-12-048
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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