$340,000
1529 W LOMA Lane
Phoenix, AZ 85021
MLS# 5885541
Status: Closed
3 beds  |  2 baths


1529 W LOMA Lane, Phoenix, AZ 85021
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Property Description
Giant opportunity to cut your monthly payments by a huge margin! The guest house is a 1 bedroom, 1 bath, kitchen & living room that was rented for $850 per month! This is a DETACHED guest house with separate entrance and separate electric. Or, this is the supreme mother-n-law set up! The main house has 3 bed rooms, 2 bathrooms, living room, family room, and bonus room! Lot is set up for underground irrigation which also goes to the front grass. Existing kitchen and bathrooms all work well but is still in the original vintage. Check the comps of houses with detached guest houses in 85021 and you will see there is tons of room for upgrading and still a profit to be made if you want to flip. To get inside the guest house, you must go inside the main house to get the key.

Details
Maps
Contract Information
Status Change Date: 2019-06-08
Sold Price: $340,000
Status: Closed
Current Price: $340,000
List Date: 2019-02-19
Type: ER
Ownership: Fee Simple
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Comp to Buyer Broker: 3
Variable Commission: N
Location, Tax & Legal
Map Code/Grid: M34
House Number: 1529
Compass: W
Street Name: LOMA
St Suffix: Lane
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85021
Zip4: 5443
Country: USA
County Code: Maricopa
Assessor's Map #: 10
Assessor's Parcel #: 15
Assessor Number: 158-10-015
Legal Description (Abbrev): LOT 15 LOMA LINDA MCR 004119
Subdivision: LOMA LINDA
Tax Municipality: Phoenix
Taxes: 2042
Tax Year: 2018
General Property Description
Dwelling Type: Single Family - Detached
Dwelling Styles: Detached
Exterior Stories: 1
# of Interior Levels: 1
# Bedrooms: 3
# Bathrooms: 2
Approx SQFT: 1692
Price/SqFt: 200.95
Guest House SqFt: 500625
Horses: N
Builder Name: unknown
Year Built: 1959
Approx Lot SqFt: 7597
Pool: Private Only
Elementary School: Richard E Miller School
Jr. High School: Royal Palm Middle School
High School: Sunnyslope High School
Elementary School District: Washington Elementary District
High School District: Glendale Union High School District
Remarks & Misc
Cross Street: Northern & 15th AVE
Directions: North on 15th Ave from Northern, 1st left is Loma Ln. West to property
Geo Lat: 33.553683
Geo Lon: -112.09265
Status Change Info
Off Market Date: 2019-05-18
Under Contract Date: 2019-03-28
Close of Escrow Date: 2019-06-03
Sold Price: $340,000
Legal Info
Township: 3N
Range: 3E
Section: 31
Lot Number: 15
Pmt & Rate Info
Down Payment: 345000
Association & Fees
HOA Y/N: N
PAD Fee Y/N: N
Cap Improvement/Impact Fee $/%: $
Cap Improvement/Impact Fee 2 $/%: $
Land Lease Fee Y/N: N
Rec Center Fee Y/N: N
Rec Center Fee 2 Y/N: N
Basement
Basement Y/N: N
Separate Den/Office
Sep Den/Office Y/N: Y
Parking Spaces
Slab Parking Spaces: 2
Sold Info
Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Seller Assist - A
Buyer Concession $/%: $
Seller Concession to Buyer: 5000
Seller Concession $/%: $
Property Features
Special Listing Cond: N/A
Architecture: Ranch
Master Bathroom: 3/4 Bath Master Bdrm
Fireplace: No Fireplace
Flooring: Concrete; Linoleum; Tile
Pool Features: Private; Play Pool
Spa: None
Dining Area: Dining in LR/GR; Dining in FR
Kitchen Features: Cook Top Elec; Dishwasher; Wall Oven(s); Pantry
Laundry: Wshr/Dry HookUp Only; Other; See Remarks
Other Rooms: Family Room; Guest Qtrs-Sep Entrn
Exterior Features: Covered Patio(s); Patio; Storage
Construction: Block
Const - Finish: Painted
Roofing: Comp Shingle
Cooling: Refrigeration; Ceiling Fan(s)
Heating: Natural Gas
Plumbing: Gas Hot Water Heater
Utilities: SRP; SW Gas
Water: City Water
Sewer: Sewer - Public
Services: City Services
Fencing: Block
Property Description: North/South Exposure; Alley
Landscaping: Grass Front; Grass Back; Irrigation Front; Irrigation Back; Flood Irrigation
Showing Notification Methods: Phone Call
Lockbox Type: Supra (ARMLS)
Possession: Close of Escrow
Unit Style: All on One Level
Association Fee Incl: No Fees
Assoc Rules/Info: None
Existing 1st Loan: Treat as Free&Clear
New Financing: VA; FHA; Conventional
Disclosures: Seller Discl Avail

Listing Office: Ken Lamb & Associates

Last Updated: August - 02 - 2021

1529 W LOMA Lane, Phoenix, AZ 85021 - MLS# 5885541
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