NOT LISTED FOR SALE

1340 E Desert Cove Ave Phoenix, AZ 85020

North Mountain Village Neighborhood

Estimated Value: $542,659

5 Beds
3 Baths
2,855 Sq Ft
$190/Sq Ft Est. Value

Sale Details

Date Sold: November 7, 2017

Last sale price $325,000 $114 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,178 / mo

137 Days on Market

Highlights

  • 1.04 Acre Lot
  • Ceramic Tile Flooring
  • Heating Available
  • Shadow Mountain High School Rated 9+
  • Central Air

About This Home

As of November 2017

2,856 SF building, situated on just over an acre, and zoned R-8 (Residential with 8,000 SF minimum). Built in 1976, this property is in a transitional area in Phoenix experiencing some infill and redevelopment but with an industrial component. The most recent use was as a group home.

CHAPTER 11 BANKRUPTCY TRUSTEE TO SELL PROPERTY***CURRENT OFFER $325,000 WILL BE SUBJECT TO HIGHEST AND BEST BID AT COURT HEARING TO APPROVE SALE***COURT DATE 10/26/2017 @ 11:00 A.M. @ US BANKRUPTCY COURT 230 N 1ST AVE PHX 85003 -COURTROOM 601 JUDGE PAUL SALA***TO BID MUST SUBMIT IN WRITING TO CO-LISTING AGENT ON OR BEFORE 5:00 P.M. THREE DAYS BEFORE THE HEARING AND SUBMIT CASH DEPOSIT OF $5,000 TO ESCROW AGENT*** BE AT THE COURTHOUSE @ 10:45 A.M. (15 min before hearing).

Last Agent to Sell the Property

Beth Jo Zeitzer

R.O.I. Properties License #BR044331000 Listed on: 05/16/2017

Co-Listed By

Justin Cirell

R.O.I. Properties License #SA644392000

Last Buyer's Agent

Gary Schultz

HomeSmart License #SA664016000

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Property Details

Property Type

  • Other

Year Built

  • Built in 1976

Lot Details

  • 1.04 Acre Lot
  • Block Wall Fence
  • Property is zoned R1-8

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Shake Roof

Interior Spaces

  • 2,855 Sq Ft Home
  • Ceramic Tile Flooring

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 159-24-052-R

Community Details

Overview

  • Cactus Heights Lots 25 & 26 Blk 4 Subdivision

Building Details

  • Operating Expense $14
  • Net Operating Income $1

Property Details

Property Type

Other

Year Built

Built in 1976

Lot Details

1.04 Acres

Listing Details

  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: R1-8
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1976
  • Tax Year: 2016
  • Lot Size Acres: 1.04
  • Professional Management Expense: 1.0
  • Co List Office Mls Id: roip01
  • Co List Office Phone: 602-319-1326
  • Subdivision Name: CACTUS HEIGHTS LOTS 25 & 26 BLK 4
  • Structure Type: Other (See Remarks), Commercial
  • Tax Parcel Letter: R
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other, Ceramic Tile
  • Living Area: 2855.0

Exterior Features

  • Fencing: Other, See Remarks, Block
  • Disclosures: Other (See Remarks)
  • Construction Type: Wood Frame, Other, Brick
  • Roof: Other, Shake
  • Construction:Other (See Remarks)23: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Parking Features: Other
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Central Air
  • Heating: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Other, See Remarks

Fee Information

  • Annual Fuel Expense: 1.0
  • Trash Expense: 1.0
  • Annual Water Sewer Expense: 1.0

Lot Info

  • Lot Size Sq Ft: 45346.0
  • Parcel #: 159-24-052-R

Multi Family

  • Electric Expense: 1.0
  • Insurance Expense: 1.0
  • Maintenance Expense: 1.0
  • Property Net Operating Income: 1.0
  • Annual Operating Expense: 14.0
  • Vacancy Allowance Rate: 1.0

Tax Info

  • Tax Book Number: 159.00
  • Tax Lot: 1
  • Tax Map Number: 24.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2024
Sold by
Bought by
Current Estimated Value
$542,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$335,033
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$207,626

Purchase Details

Closed on
Jun 7, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
May 16, 2017
Closed on
Nov 6, 2017
Sold by
Bought by
Seller's Agent
Beth Jo Zeitzer
R.O.I. Properties
Buyer's Agent
Gary Schultz
HomeSmart
List Price
$450,000
Sold Price
$325,000
Premium/Discount to List
-$125,000
-27.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.00%

Purchase Details

Closed on
Dec 19, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$701,250
Interest Rate
6.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 10, 2007
Sold by
Bought by

Purchase Details

Closed on
May 29, 2007
Sold by
Bought by

Purchase Details

Closed on
Feb 9, 1995
Sold by
Bought by

Purchase Details

Closed on
Jul 16, 1994
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in North Mountain Village, AZ

  • Michelle Quackenbush Real Estate Agent - Lucky Duck Realty

    Michelle Quackenbush

    Lucky Duck Realty

    (877) 589-7476

    37 Total Sales

    1 in North Mountain Village

    $405,000 Price

    Michelle Quackenbush
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  • Jasson Dellacroce Real Estate Agent - My Home Group Real Estate

    Jasson Dellacroce

    My Home Group Real Estate

    (623) 263-3610

    181 Total Sales

    3 in North Mountain Village

    $270K - $565K Price Range

    Jasson Dellacroce
     Section Image
  • Nicholas Yale Real Estate Agent - Brokers Hub Realty, LLC

    Nicholas Yale

    Responds Quickly

    Brokers Hub Realty, LLC

    (888) 568-1365

    166 Total Sales

    2 in North Mountain Village

    $400K - $410K Price Range

    Nicholas Yale
     Section Image
  • Maria Frys Real Estate Agent - Realty ONE Group

    Maria Frys

    Realty ONE Group

    (855) 613-0858

    21 Total Sales

    1 in North Mountain Village

    $253,000 Price

    Maria Frys
     Section Image
  • Cristen Corupe Real Estate Agent - Keller Williams Arizona Realty

    Cristen Corupe

    Keller Williams Arizona Realty

    (888) 606-5645

    89 Total Sales

    1 in North Mountain Village

    $217,000 Price

    Cristen Corupe
     Section Image
  • Byron Kline Real Estate Agent - The Agency

    Byron Kline

    Responds Quickly

    The Agency

    (623) 526-1742

    30 Total Sales

    1 in North Mountain Village

    $260,000 Price

    Byron Kline
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
$470,000 Pioneer Title Agency Inc
$325,000 Grand Canyon Title Agency
$465,000 Security Title Agency Inc
-- Security Title Agency Inc
-- American Title Service Agenc
$136,000 Security Title Agency
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $400,000
Previous Owner $400,000
Previous Owner $410,000
Previous Owner $701,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/07/2017 11/07/17 Sold $325,000 -18.5% $114 / Sq Ft
09/15/2017 09/15/17 Pending -- -- --
07/20/2017 07/20/17 Price Changed $399,000 -11.3% $140 / Sq Ft
05/01/2017 05/01/17 For Sale $450,000 -- $158 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,413 $23,611
2024 $2,301 $22,487
2023 $2,301 $44,620 $8,920 $35,700
2022 $3,417 $50,730 $10,140 $40,590
2021 $3,427 $46,305 $9,255 $37,050
2020 $3,321 $42,150 $8,430 $33,720
2019 $3,325 $37,305 $7,455 $29,850
2018 $3,216 $23,500 $4,700 $18,800
2017 $0 $23,770 $4,750 $19,020
2016 $0 $25,160 $5,030 $20,130
2015 -- $24,930 $4,980 $19,950
Source: Public Records

Agents Affiliated with this Home

  • Beth Jo Zeitzer Real Estate Agent - R.O.I. Properties

    Seller's Agent in 2017

    Beth Jo Zeitzer

    R.O.I. Properties

    (602) 319-1326

    13 in this area

    745 Total Sales

    Beth Jo Zeitzer
    Section Image
  • Justin Cirell Real Estate Agent - R.O.I. Properties

    Seller Co-Listing Agent in 2017

    Justin Cirell

    R.O.I. Properties

    (480) 356-1450

    4 Total Sales

    Justin Cirell
    Section Image

  • GS

    Buyer's Agent in 2017

    Gary Schultz

    HomeSmart

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5606316

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-24-052R

Arizona Maricopa County Phoenix 85020 North Mountain Village

1340 E Desert Cove Ave, Phoenix, AZ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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