$415,000
SOLD JUL 31, 2023
4 Beds
3 Baths
1,724 Sq Ft
$180/mo HOA Fee

Recently Sold

$241 Per Sq Ft

3% Below List Price

19 Days on Market

Highlights

  • Community Pool
  • Central Air
  • Heating System Uses Natural Gas
  • Spectrum Elementary School Rated A

About This Home

As of February 2024

This investment property presents an opportunity for buyers looking for a well-maintained, income-generating property with a quality tenant in place. The upgrades, convenient floor plan, and desirable location make it an attractive option for potential investors.
The property features a great room floor plan with a bedroom and a full bathroom on the ground floor, providing convenience and flexibility. The master bedroom is located upstairs for added privacy.

Last Agent to Sell the Property

Christy Crouse

RE/MAX Fine Properties License #SA566516000 Listed on: 05/20/2023

RE/MAX Fine Properties

Last Buyer's Agent

Chris Janson

Blackridge Management License #BR627600000

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,388

Year Built

  • Built in 2004

Lot Details

  • 3,686 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence

HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,724 Sq Ft Home
  • 2-Story Property
  • Electric Cooktop

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms

Schools

  • Spectrum Elementary School
  • South Valley Jr. High Middle School
  • Campo Verde High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 39
  • Assessor Parcel Number 309-31-265

Community Details

Overview

  • Association fees include ground maintenance
  • Spectrum HOA, Phone Number (480) 726-8080
  • Association Phone (480) 726-8080
  • Built by Fulton Homes
  • Spectrum At Val Vista Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,388

Year Built

Built in 2004

Lot Details

0

HOA Fees

$180 per month

Parking

2

Listing Details

  • Cross Street: Val Vista & Williams Field
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: Spectrum HOA
  • HOA #2 Phone Number: 4807268080
  • HOA #2 Transfer Fee: 382.0
  • HOA #2: Y
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 180.33
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2004
  • Tax Year: 2022
  • Directions: S on Val Vista, W on Frye, S on Marble, E on Joseph Way to property
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.08
  • Subdivision Name: Spectrum at Val Vista
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 231.0
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Full Bth Master Bdrm
  • Living Area: 1724.0
  • Stories: 2
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Natural Desert Front
  • Pool Features: None
  • Disclosures: Other (See Remarks)
  • Construction Type: Stucco, Wood Frame, Painted, Block
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Community Pool
  • Association #2 Fee: 310.0
  • Association #2 Fee Frequency: Quarterly
  • Association Fee: 231.0
  • Association Fee Frequency: Quarterly
  • Association: Spectrum HOA
  • Association Name: Spectrum HOA
  • Association Phone #2: 4807268080
  • Phone: 480-726-8080
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Transfer Fee2: 382.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Spectrum HOA
  • Association Fees:HOA Telephone4: 4807268080
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Paid Frequency 2: Quarterly
  • Association Fees:Special Assessment HOA 2: No
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Spectrum Elementary
  • High School: Campo Verde High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: South Valley Jr. High

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3686.0
  • Parcel #: 309-31-265

Building Info

  • Builder Name: Fulton Homes

Tax Info

  • Tax Annual Amount: 1388.0
  • Tax Book Number: 309.00
  • Tax Lot: 39
  • Tax Map Number: 31.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2024
Closed on
Apr 19, 2024
Sold by
Archer Daniel and Archer Julia
Bought by
1422 Joseph Llc
Seller's Agent
Emma Brink
DPR Realty LLC
Buyer's Agent
Kelley Kemmis
American Allstar Realty
List Price
$479,000
Sold Price
$488,000
Premium/Discount to List
$9,000
1.88%
Views
63
Current Estimated Value
$477,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,043
Avg. Annual Appreciation
-0.98%
Original Mortgage
$366,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 23, 2024
Closed on
Feb 20, 2024
Sold by
Cj Capital Investments Llc
Bought by
Archer Daniel and Archer Julia
Seller's Agent
Emma Brink
DPR Realty LLC
Buyer's Agent
Kelley Kemmis
American Allstar Realty
List Price
$479,000
Sold Price
$488,000
Premium/Discount to List
$9,000
1.88%
Views
63

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 20, 2023
Closed on
Jul 31, 2023
Sold by
Ho David T
Bought by
Cj Capital Investments Llc
Seller's Agent
Christy Crouse
RE/MAX Fine Properties
Buyer's Agent
Chris Janson
Blackridge Management
List Price
$430,000
Sold Price
$415,000
Premium/Discount to List
-$15,000
-3.49%
Views
253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.56%

Purchase Details

Closed on
Apr 2, 2008
Sold by
Pan Jenny X Y
Bought by
Ho David T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 20, 2005
Sold by
Fulton Homes Sales Corp
Bought by
Pan Jenny X Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,855
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- None Listed On Document
Warranty Deed $488,000 Great American Title Agency
Warranty Deed $415,000 Great American Title Agency
Warranty Deed -- First American Title Company
Special Warranty Deed $186,069 --
Cash Sale Deed $140,685 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $366,000 New Conventional
Previous Owner $196,000 Purchase Money Mortgage
Previous Owner $148,855 Purchase Money Mortgage
Closed $18,606 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2024 02/20/24 Sold $488,000 +1.9% $283 / Sq Ft
01/25/2024 01/25/24 Pending -- -- --
01/24/2024 01/24/24 For Sale $479,000 +15.4% $278 / Sq Ft
07/31/2023 07/31/23 Sold $415,000 -3.5% $241 / Sq Ft
06/10/2023 06/10/23 Pending -- -- --
05/21/2023 05/21/23 For Sale $430,000 -- $249 / 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 $1,420 $15,992 -- --
2024 $1,427 $15,230 -- --
2023 $1,427 $31,900 $6,380 $25,520
2022 $1,388 $24,010 $4,800 $19,210
2021 $1,433 $22,160 $4,430 $17,730
2020 $1,411 $20,900 $4,180 $16,720
2019 $1,312 $19,430 $3,880 $15,550
2018 $1,275 $19,030 $3,800 $15,230
2017 $1,234 $17,320 $3,460 $13,860
2016 $1,265 $17,050 $3,410 $13,640
2015 $1,152 $15,510 $3,100 $12,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6559369

Arizona Regional Multiple Listing Service (ARMLS)

APN: 309-31-265