7 months on rocket

2014 W Berridge Ln, Phoenix, AZ, 85015

$5,400,000

0 Baths
House

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
Parking1 Space/Unit
Year Built1961
HeatingOther, Electric
CoolingOther, Electric
MLS #6688318
StatusActive

About 2014 W Berridge Ln

Signature 18, a fully occupied gated complex in Phoenix, offers a stellar investment with a 6.15% cap rate and a net operating income of $354,339. Located near Abrazo Hospital, Christown Spectrum Mall, and transit, it blends city access with quiet living. Recent capital improvements have boosted aesthetics, efficiency, and security, including desert landscaping to cut water costs, repaved parking, and refreshed exteriors. Security upgrades feature LED motion lights and cameras, alongside modern gate locks. Units are enhanced with stainless steel appliances and new roof sealing, plus a swimming pool pump upgrade. A new dog run adds to the community vibe. This turn-key property ensures immediate income and potential for appreciation, making it an outstanding choice for Phoenix investors.

Property Details

Property Features

Property Information:

  • Year Built: 1961

Listing Office:

  • Office Name: HomeSmart
  • Office Phone: (602) 230-7600
  • Listing Agent: Collin Corsmeier

Interior Features

Interior Information:

  • Flooring Type: Vinyl

Exterior Features

Parking Information:

  • Parking: 1 Space/Unit

Utilities

Utilities Information:

  • Heating: Other, Electric
  • Cooling: Other, Electric

Other

Directions Information:

  • Directions: I17, exit at Camelback Road. Head west on Camelback Road until you reach 19th Avenue. Take a right onto 19th Avenue and proceed north for about half a mile. Then, take a left onto W. Berridge Lane.

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,400,000

Tax Information:

  • Annual Amount: $7,044
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$450.9K

Med. Price/SqFt

$284

Avg. Days On Market

62

# of Sold Homes

1291

2014 W Berridge Ln vs Phoenix

230 DAYS ON ROCKET

+168 Days

$5,400,000

+$4.9M More

KEY TAKEAWAY

This property is $4.9M more than the Median Sold Price 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: #6688318

Listing Office:

  • Office Name: HomeSmart
  • Office Phone: (602) 230-7600
  • Listing Agent: Collin Corsmeier

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: 11/24/2024, 9:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 13, 2021Home Sold
$3,425,000
Oct 12, 2018Home Sold
$2,475,000
May 13, 2016Home Sold
$1,305,000
May 29, 2015Home Sold
$1,225,000

Tax History

YEARPROP. TAXASSESSMENT
2021$7,044$220,410
2020$6,867$143,950
2019$6,565$109,580
2017$6,532$50,590

History based on county public records data.

Payment Calculator

$27K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$16.2K

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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-1125497
2
/10
  • Solano Elementary School

  • 1526 W Missouri Ave

  • 0.79 miles

  • Public District Grades KG-6

school-card-donut-1125498
2
/10
  • Imagine Camelback Elementary School

  • 5050 N 19th Ave

  • 1.10 miles

  • Public Charter Grades KG-5

school-card-donut-1125499
6
/10
  • Midtown Primary School

  • 4735 N 19th Ave

  • 1.36 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,120. Most Phoenix, AZ residents have annual incomes less than $35k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2014 W Berridge Ln

What is the listing price of this property?

The listing price of 2014 W Berridge Ln property is $5,400,000.

What type of property is this?

The property 2014 W Berridge Ln is a house located in Phoenix, Arizona, 85015.

Is this property for sale now?

Active Listing: 2014 W Berridge 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 $7,044 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 13, 2021 for $3,425,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 2014 W Berridge Ln is 1961.
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Rocket Homes›Arizona›Maricopa County›Phoenix›85015›2014 W Berridge Ln

This home is located at 2014 W Berridge Ln in Phoenix, AZ and zip code 85015 in the Alhambra neighborhood. This home was built in 1961. It has been listed on Rocket Homes since April 08, 2024 and is currently priced at $5,400,000.

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. In October 2024 in Phoenix, AZ there were 7.5% more homes for sale than in September 2024. In October 2024 median list price was $450,977 and the average listing age was 62 days.

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

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