$950,000
$855K PRICE INCREASE

Estimated payment $5,178/month

Total Views 3,488
9 Beds
3 Baths
3,093 Sq Ft
$307 Price per Sq Ft

Highlights

  • 1 Fireplace
  • Dual Vanity Sinks in Primary Bathroom
  • Central Air
  • Double Pane Windows
  • Tile Flooring
  • Ceiling Fan

About This Home

High Cash flowing investment opportunity! Beautiful and brand new 10 bedroom Assisted Living home for the elderly with long term tenants in place through 03/28. Perfect investment opportunity priced just under a 10% Cap Rate. Home was customized for assisted living and features 9 spacious bedrooms for residents, 3 ADA bathrooms, plus a bonus room for the caregiver/staff. Home features all walk in showers, a new sprinkler system, and C of O for 10 residents. Open concept living room with a large dining room area for residents and landscaped/covered patio for residents to enjoy. The tenants own and operate the business and will remain in the home and are paying $8,000/mo for rent. Tenants responsible for all utilities. Proof of funds required - typically need at least 30% down.

Listing Agent

Christopher Vlad

HomeSmart Realty License #SA653373000 Listed on: 04/29/2025

HomeSmart Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $249

Year Built

  • Built in 2024

Lot Details

  • 7,560 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence

HOA Fees

  • $95 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,093 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows
  • Tile Flooring
  • Built-In Microwave

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Schools

  • Littleton Elementary School
  • West Point High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • Association fees include ground maintenance
  • Trestle Property Man Association, Phone Number (480) 422-0888
  • Built by Richmond American
  • Vista Del Verde Phase 4 Replat Subdivision

Listing and Financial Details

  • Tax Lot 55
  • Assessor Parcel Number 101-09-498

Home Details

Home Type

Single Family

Est. Annual Taxes

$249

Year Built

Built in 2024

Lot Details

0

HOA Fees

$95 per month

Parking

2

Listing Details

  • Cross Street: 107th Ave and Buckeye
  • Legal Info Range: 1E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 95.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2024
  • Tax Year: 2024
  • Directions: FROM I-10 HEAD SOUTH TO MARICOPA ST THEN EAST TO 110TH AVE THEN HEAD NORTH TO PROPERTY
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.17
  • Subdivision Name: VISTA DEL VERDE PHASE 4 REPLAT
  • New Construction: No
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 95.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: NewHome

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Possible Use: See Remarks
  • Spa Features: None
  • Possible Bedrooms: 9
  • Total Bedrooms: 9
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Full Bth Master Bdrm
  • Living Area: 3093.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Back, Desert Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame
  • Property Condition: Complete Spec Home
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Construction Status:Complete Spec Home: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 95.0
  • Association Fee Frequency: Monthly
  • Association Name: Trestle Property Man
  • Phone: 480-422-0888
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Transfer Fee2: 250.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Trestle Property Man
  • Association Fees:HOA Telephone4: 480-422-0888
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 250.0
  • Association Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Littleton Elementary School
  • High School: West Point High School
  • Junior High Dist: Tolleson Union High School District
  • Middle Or Junior School: Littleton Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7560.0
  • Parcel #: 101-09-498

Building Info

  • Builder Name: Richmond American

Tax Info

  • Tax Annual Amount: 249.0
  • Tax Book Number: 101.00
  • Tax Lot: 55
  • Tax Map Number: 9.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $249 $1,923 $1,923 --
2024 $255 $1,831 $1,831 --
2023 $255 $1,860 $1,860 $0
2022 $254 $3,195 $3,195 $0
2021 $245 $2,775 $2,775 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2025 09/10/25 Price Changed $950,000 +5.6% $307 / Sq Ft
06/10/2025 06/10/25 Price Changed $900,000 +847.4% $291 / Sq Ft
04/29/2025 04/29/25 For Sale $95,000 -82.7% $31 / Sq Ft
03/22/2024 03/22/24 Sold $550,000 -1.8% $230 / Sq Ft
02/16/2024 02/16/24 Pending -- -- --
02/09/2024 02/09/24 Price Changed $559,995 -1.9% $234 / Sq Ft
01/28/2024 01/28/24 Price Changed $570,995 +0.9% $239 / Sq Ft
01/28/2024 01/28/24 Price Changed $565,995 +1.1% $237 / Sq Ft
01/09/2024 01/09/24 Price Changed $559,995 -2.6% $234 / Sq Ft
11/24/2023 11/24/23 Price Changed $574,995 -4.2% $241 / Sq Ft
11/12/2023 11/12/23 Price Changed $599,995 +0.8% $251 / Sq Ft
10/20/2023 10/20/23 Price Changed $594,995 -1.8% $249 / Sq Ft
10/16/2023 10/16/23 For Sale $605,683 -- $253 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $550,000 Fidelity National Title Agency
Warranty Deed $8,952,215 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $457,500 New Conventional
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6858662

Arizona Regional Multiple Listing Service (ARMLS)

APN: 101-09-498