NOT LISTED FOR SALE

1046 W Malibu Dr Unit 104 Tempe, AZ 85282

West Tempe Neighborhood

Estimated Value: $306,000 - $339,000

3 Beds
2 Baths
1,088 Sq Ft
$297/Sq Ft Est. Value

Last Sold June 28, 2019

Last sale price $178,500 $164 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $1,809/month

2 Days on Market

Highlights

  • 0.17 Acre Lot
  • Eat-In Kitchen
  • Remodeled Bathroom
  • Heated Community Pool
  • Community Playground
  • Grass Covered Lot

About This Home

As of June 2019

Investor special with Seller financing. Tenant in place for 20 years in great Tempe central location. HOA takes care of almost everything, requiring very little Landlord care. Seller wants to carry for minimum of 10 years, so Buyer can hold on to its cash. Tenant has lease until end of December.

Last Agent to Sell the Property

Jeff Yaeger

Property Management Real Estate License #BR007970000 Listed on: 05/29/2019

Last Buyer's Agent

Beth Backus Roth

Locality Real Estate License #BR529619000

Locality Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $998

Year Built

  • Built in 1981

Lot Details

  • 7,500 Sq Ft Lot
  • 1 Common Wall
  • Block Wall Fence
  • Grass Covered Lot

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,088 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Carport Spaces
  • Assigned Parking

Schools

  • Carminati Elementary School
  • Mckemy Middle School
  • Tempe High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 104
  • Assessor Parcel Number 123-43-138-A

Community Details

Overview

  • Property has a Home Owners Association
  • Amcor Association, Phone Number (480) 948-5860
  • Southern Village Estates 2 Subdivision

Recreation

  • Community Playground
  • Heated Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$998

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Cross Street: Priest and Southern
  • Legal Info Range: 4E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 230.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2013
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2014
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2013
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1981
  • Tax Year: 2018
  • Directions: Southern east from Priest to Hardy, south one block to Malibu, then west to end of street.
  • Property Sub Type: Townhouse
  • Lot Size Acres: 0.17
  • Subdivision Name: Southern Village Estates 2
  • Architectural Style: Ranch
  • Property Attached Yn: Yes
  • Tax Parcel Letter: A
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 230.0
  • Special Features: None

Interior Features

  • Flooring: Laminate
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, 3/4 Bath Master Bdrm
  • Living Area: 1088.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Community Features:Children_squote_s Playgrnd: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Grass Front
  • Pool Features: None
  • Disclosures: None
  • Common Walls: 1 Common Wall
  • Construction Type: Painted, Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Assigned
  • Attached Garage: No
  • Carport Spaces: 2.0
  • Parking Features:Assigned Parking: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Pool, Playground
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee Frequency: Monthly
  • Association Name: S Village Estates
  • Phone: 480-682-3209
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 375.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: S Village Estates
  • Association Fees:HOA Telephone4: 480-682-3209
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Amcor
  • Association Fees:HOA Management Phone: 480-948-5860
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Schools

  • Elementary School: Carminati School
  • High School: Tempe High School
  • Middle Or Junior School: McKemy Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7500.0
  • Parcel #: 123-43-138-A
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 998.0
  • Tax Book Number: 123.00
  • Tax Lot: 104
  • Tax Map Number: 43.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2019
Closed on
Jun 17, 2019
Sold by
Rinaldi Property Management Llc
Bought by
Au Jared K and The Jared K Au Trust
Seller's Agent
Jeff Yaeger
Property Management Real Estate
Buyer's Agent
Beth Backus Roth
Locality Real Estate
List Price
$178,500
Sold Price
$178,500
Total Days on Market
2
Current Estimated Value
$323,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,597
Avg. Annual Appreciation
10.83%
Original Mortgage
$142,800
Outstanding Balance
$126,609
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$201,759

Purchase Details

Closed on
Aug 1, 2005
Sold by
Du Jerry Wen Shyang and Du Annica F
Bought by
Rinaldi Property Management Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Au Jared K $178,500 Chicago Title Agency
Rinaldi Property Management Llc $175,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Au Jared K $142,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2019 06/28/19 Sold $178,500 0.0% $164 / Sq Ft
05/31/2019 05/31/19 Pending -- -- --
05/29/2019 05/29/19 For Sale $178,500 -- $164 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

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 $1,128 $10,065 -- --
2024 $1,114 $9,586 -- --
2023 $1,114 $21,400 $4,280 $17,120
2022 $1,069 $16,630 $3,320 $13,310
2021 $1,076 $14,800 $2,960 $11,840
2020 $1,043 $13,660 $2,730 $10,930
2019 $1,023 $12,050 $2,410 $9,640
2018 $998 $10,320 $2,060 $8,260
2017 $968 $9,230 $1,840 $7,390
2016 $961 $8,550 $1,710 $6,840
2015 $923 $7,850 $1,570 $6,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5932281

Arizona Regional Multiple Listing Service (ARMLS)

APN: 123-43-138A