3 months on rocket

1708 E Verde Ln, Phoenix, AZ, 85016

$895,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
5 Baths
2,462 SqFt
$364/SqFt
House

Location

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1708 E Verde Ln, Phoenix$895,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingTandem
Garage2 spaces
Year Built1950
HeatingZoned, Electric
CoolingWall/Window Unit(s), Ceiling Fan(s)
Fireplace1 Fireplace
MLS #6746455
Lot Size0.19 Acres
StatusActive

About 1708 E Verde Ln

For investors seeking an IMMEDIATE INCOME generation with no additional investment required! 2023 average occupancy rate 93%. Current Airbnb rating 4.85 out of 5. CAP RATE 9.64%!!! Possible to enter with 5% DOWN! Meticulously RENOVATED 4-UNIT + shed Rental in Central Phoenix! Comes with over $5,000 in Bookings. Nestled in one of Phoenix's most DESIRABLE LOCATIONS with immediate access to HWY-51, 2 min drive to Phoenix Children's Hospital, 8 min drive to Biltmore Fashion Park, top-rated dining, and vibrant nightlife. This rental is a top choice of traveling nurses!Each unit is designed to provide guests with comfort and style, ensuring HIGH OCCUPANCY RATES. Every unit features a modern Kitchen, Bath, and separate Private Access. A well-maintained shared outdoor space with seating, hammock, fire pit and BBQ facilities creates an inviting atmosphere for relaxation. Convenient laundry facility w/washer & dryer is available for guest use.

Property Details

Property Features

Property Information:

  • Architectural Style: Other (See Remarks)
  • Year Built: 1950
  • Stories: 1
  • Living Area: 2,462 SqFt

Listing Office:

  • Office Name: eXp Realty
  • Office Phone: (888) 897-7821
  • Listing Agent: Natalia Yalin

Interior Features

Interior Information:

  • Flooring Type: Carpet, Laminate, Tile
  • Interior: Eat-in Kitchen, Breakfast Bar, No Interior Steps, Kitchen Island, Pantry, Full Bth Master Bdrm, High Speed Internet
  • Fireplace: 1 Fireplace

Bedroom and Bathroom Information:

  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Covered Patio(s), Patio, Storage, Built-in Barbecue

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Tandem

Lot Features

Lot Information:

  • Lot: Desert Back
  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Zoned, Electric
  • Cooling: Wall/Window Unit(s), Ceiling Fan(s)

Other

Directions Information:

  • Directions: Get on AZ-202/AZ-202 Loop W. Drive from AZ-101 Loop N and AZ-202 to Phoenix. Take exit 2 from AZ-51 N toward Thomas Rd. Turn right onto N 18th St. Turn left onto E Verde Ln.

Price Information

Listing Price Info

Price Summary:

  • List Price: $895,000
  • Price Per SqFt: $364/SqFt

Tax Information:

  • Annual Amount: $3,749
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Phoenix, AZ.

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Phoenix, AZ

City

Med. Sold Price

$450.9K

Med. Price/SqFt

$284

Avg. Days On Market

62

# of Sold Homes

1291

1708 E Verde Ln vs Phoenix

92 DAYS ON ROCKET

+30 Days

$895,000

+$444K More

$364/SqFt

+$79 More

KEY TAKEAWAY

This property is $444K more than the Median Sold Price and $79/SqFt more than other homes in Phoenix, AZ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Arizona Regional Multiple Listing Service 2
  • MLS Number: #6746455

Listing Office:

  • Office Name: eXp Realty
  • Office Phone: (888) 897-7821
  • Listing Agent: Natalia Yalin

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 3:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,749$38,950
2020$1,037$7,400
2019$923$7,400
2017$830$7,400

History based on county public records data.

Payment Calculator

$4,534

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,750

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-652403
5
/10

  • Imagine Academy of Phoenix

  • 2645 N 24th St

  • 0.94 miles

  • Public Charter Grades KG-5

school-card-donut-652404
3
/10

  • Longview Elementary School

  • 1209 E Indian School Rd

  • 0.99 miles

  • Public District Grades PK-6

school-card-donut-652405
6
/10

  • Arizona Autism Charter School

  • 4125 N 14th St

  • 1.08 miles

  • Public Charter Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,184. Most Phoenix, AZ residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1708 E Verde Ln

What is the listing price of this property?

The listing price of 1708 E Verde Ln property is $895,000.

What type of property is this?

The property 1708 E Verde Ln is a house located in Phoenix, Arizona, 85016.

Is this property for sale now?

Active Listing: 1708 E Verde Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,749 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1708 E Verde Ln has 5 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 1708 E Verde Ln is 2,462 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1708 E Verde Ln is 1950.

Rocket Homes›Arizona›Maricopa County›Phoenix›85016›1708 E Verde Ln

This home is located at 1708 E Verde Ln in Phoenix, AZ and zip code 85016 in the Earll Place neighborhood. This 2,462 square foot home, which was built in 1950, sits on a 0.19 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since August 22, 2024 and is currently priced at $895,000.

In October 2024, from all listings sold in Phoenix, AZ there were more than 250 sold above asking price, over 697 sold below and more than 344 were sold right at the asked price. The inventory of homes for sale in Phoenix, AZ between September 2024 and October 2024 increased by 7.5%. Listings spent 62 days on the market in October 2024, and had a median list price of $450,977 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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