NOT LISTED FOR SALE

1531 W Colter St Unit 26 Phoenix, AZ 85015

Alhambra Neighborhood

Estimated Value: $198,000 - $240,000

2 Beds
1.5 Baths
958 Sq Ft
$234/Sq Ft Est. Value

Last Sold June 22, 2021

Last sale price $141,000 $147 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,525/month

13 Days on Market

Highlights

  • Gated Community
  • Property is near public transit
  • Private Yard
  • Solano School Rated 9+
  • Spanish Architecture
  • Community Pool

About This Home

As of June 2021

Small (only 32 units) complex of owner occupants only. You can still use a loan, it's not a co-op, it's condo ownership. Kitchen, living room and powder room downstairs and 2 bedrooms and full bath upstairs. Hard surface flooring throughout, ceiling fans and blackout curtains. It needs some TLC, but nothing that would stop a loan from going though. The community is two buildings facing each other with a green belt and pool between them. Both parking and pedestrian access are gated. Fridge/washer/dryer stay and are in As Is condition. There's something wrong with the power to the dryer, the dryer itself is believed to be in working condition.

Last Agent to Sell the Property

Julia Fordtner

Aspire Realty Group LLC Brokerage Email: jfordtner@gmail.com License #BR556676000 Listed on: 05/06/2021

Last Buyer's Agent

Starr Smith

My Home Group Real Estate License #SA681157000

My Home Group Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $375

Year Built

  • Built in 1968

Lot Details

  • 50 Sq Ft Lot
  • Two or More Common Walls
  • Block Wall Fence
  • Private Yard

HOA Fees

  • $240 Monthly HOA Fees

Home Design

  • Spanish Architecture
  • Fixer Upper
  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 958 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Solar Screens
  • Laminate Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1.5 Bathrooms

Parking

  • 1 Carport Space
  • Shared Driveway

Outdoor Features

  • Patio

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Solano Elementary School
  • Osborn Middle School
  • Central High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 26
  • Assessor Parcel Number 156-38-100

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, pest control, ground maintenance, street maintenance, front yard maint, trash, water, roof replacement, maintenance exterior
  • 360 Property Mgmt Association, Phone Number (602) 863-3600
  • Arizona Gardens Condominium Subdivision

Recreation

  • Community Pool

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$375

Year Built

Built in 1968

Lot Details

0

HOA Fees

$240 per month

Listing Details

  • Cross Street: 15th Ave and Camelback
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 240.0
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2019
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1968
  • Tax Year: 2020
  • Directions: North on 15th Ave to Colter. West on Colter. Arizona Gardens is on the South side of the street. You must park on the street, it is a gated community with fob access only. Pedestrian gated too.
  • Attribution Contact: jfordtner@gmail.com
  • Property Sub Type: Townhouse
  • Horses: No
  • Subdivision Name: ARIZONA GARDENS CONDOMINIUM
  • Architectural Style: Spanish
  • New Construction: No
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 240.0
  • Cooling:Central Air: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, High Speed Internet, Laminate Counters
  • Living Area: 958.0
  • Stories: 2
  • Window Features: Solar Screens
  • ResoLivingAreaSource: Assessor
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Laminate Counters: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Near Light Rail Stop: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard
  • Lot Features: Gravel/Stone Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: Two Common Walls
  • Construction Type: Painted, Block
  • Patio And Porch Features: Patio
  • Property Condition: Fixer
  • Roof: Built-Up
  • Construction:Block: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Shared Driveway
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Parking Features:Shared Driveway: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated, Community Pool, Near Light Rail Stop, Near Bus Stop
  • Amenities: Management
  • Association Fee: 240.0
  • Association Fee Frequency: Monthly
  • Association Name: Arizona Gardens HOA
  • Phone: 602-863-3600
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Arizona Gardens HOA
  • Association Fees:HOA Telephone4: 602-863-3600
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: 360 Property Mgmt
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street 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:Blanket Ins Policy: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fee Incl:Pest Control: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Pest Control, Maintenance Grounds, Street Maint, Front Yard Maint, Trash, Water, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Solano School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Osborn Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 50.0
  • Parcel #: 156-38-100
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 375.0
  • Tax Book Number: 156.00
  • Tax Lot: 26
  • Tax Map Number: 38.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
Jun 7, 2021
Sold by
Chen Wei
Bought by
Walsh Mary F
Seller's Agent
Julia Fordtner
Aspire Realty Group LLC
Buyer's Agent
Starr Smith
My Home Group Real Estate
List Price
$141,000
Sold Price
$141,000
Current Estimated Value
$224,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,240
Avg. Annual Appreciation
12.33%
Original Mortgage
$133,950
Outstanding Balance
$122,588
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$101,652

Purchase Details

Closed on
Jul 18, 2019
Sold by
Chen Danqing
Bought by
Chen Wei

Purchase Details

Listed on
Jan 2, 2018
Closed on
Jan 30, 2018
Sold by
Haider Al Ezzi Haider and Haider Al Ezzi
Bought by
Chen Wei and Chen Danqing
Seller's Agent
A. Bobby Ruben
HomeSmart
Buyer's Agent
Julia Fordtner
Aspire Realty Group LLC
List Price
$82,000
Sold Price
$77,000
Premium/Discount to List
-$5,000
-6.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.65%

Purchase Details

Closed on
Nov 12, 2010
Sold by
Secretary Of Veterans Of Affairs
Bought by
Al Ezzi Haider

Purchase Details

Closed on
Jun 22, 2010
Sold by
Bac Home Loans Servicing Lp
Bought by
The Secretary Of Veterans Affairs

Purchase Details

Closed on
Oct 31, 2007
Sold by
Telles Mary and Resendez Eloise
Bought by
Sosa Reynoldo A and Turman Kelly L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,580
Interest Rate
6.36%
Mortgage Type
VA

Purchase Details

Closed on
Apr 30, 1998
Sold by
Investmentswest Inc
Bought by
Samora Salvador

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,850
Interest Rate
7.06%
Mortgage Type
FHA
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
Walsh Mary F $141,000 Navi Title Agency Pllc
Chen Wei -- None Available
Chen Wei $77,000 First American Title Insuran
Al Ezzi Haider $17,500 Fidelity Natl Title Ins Co
The Secretary Of Veterans Affairs -- First American Title
Bac Home Loans Servicing Lp $20,269 First American Title
Sosa Reynoldo A $120,000 Land Title Agency Of Az Inc
Samora Salvador $54,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walsh Mary F $133,950
Previous Owner Sosa Reynoldo A $129,058
Previous Owner Sosa Reynoldo A $122,580
Previous Owner Samora Salvador $100,000
Previous Owner Samora Salvador $67,500
Previous Owner Samora Salvador $53,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2021 06/22/21 Sold $141,000 0.0% $147 / Sq Ft
05/19/2021 05/19/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $141,000 +83.1% $147 / Sq Ft
02/15/2018 02/15/18 Sold $77,000 -6.1% $80 / Sq Ft
01/29/2018 01/29/18 Pending -- -- --
01/01/2018 01/01/18 For Sale $82,000 -- $86 / 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 $390 $3,540 -- --
2024 $376 $3,372 -- --
2023 $376 $12,200 $2,440 $9,760
2022 $374 $10,530 $2,100 $8,430
2021 $385 $8,300 $1,660 $6,640
2020 $375 $6,870 $1,370 $5,500
2019 $357 $6,780 $1,350 $5,430
2018 $345 $4,400 $880 $3,520
2017 $313 $3,610 $720 $2,890
2016 $302 $3,550 $710 $2,840
2015 $281 $3,500 $700 $2,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6231858

Arizona Regional Multiple Listing Service (ARMLS)

APN: 156-38-100