NOT LISTED FOR SALE

1531 W Colter St Unit 8 Phoenix, AZ 85015

Alhambra Neighborhood

Estimated Value: $226,000 - $242,000

2 Beds
1.5 Baths
928 Sq Ft
$249/Sq Ft Est. Value

Last Sold June 04, 2013

Last sale price $35,000 $38 Per Sq Ft

Est. 580% increase in value since last sale

Current estimated payment $1,534/month

10 Days on Market

Highlights

  • Gated Community
  • Property is near public transit
  • Covered patio or porch
  • Solano School Rated 9+
  • Community Pool
  • Eat-In Kitchen

About This Home

As of June 2013

Cute 2 Bedroom 1.5 Bath Townhome in Central Phoenix. Close to shopping and light rail. All tile in the common areas. Private backyard with extra storage space!Disclosures: Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a moderate to low flood risk. Please refer to www.FloodSmart.gov for
additional information regarding flood zones and insurance, HOA Association fee of $180.00 Monthly : Arizona Gardens. Repairs: Repair siding. , Repair exposed
wiring and plumbing in laundry, Remove and replace peeling and chipping paint.

Last Agent to Sell the Property

Steve McKamey

Pro Star Realty License #BR005950000 Listed on: 03/05/2013

Last Buyer's Agent

Adolfo Banuelos

Southwest Preferred Properties License #SA037328000

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $289

Year Built

  • Built in 1968

Lot Details

  • 50 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence
  • Grass Covered Lot

HOA Fees

  • $180 Monthly HOA Fees

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 928 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1.5 Bathrooms

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Covered patio or porch
  • Outdoor Storage

Location

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

Schools

  • Clarendon Elementary School
  • Central High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 8 / 1500
  • Assessor Parcel Number 156-38-083

Community Details

Overview

  • Association fees include insurance, front yard maint, water, maintenance exterior
  • Arizona Gardens Association, Phone Number (602) 944-3338
  • Arizona Gardens Subdivision

Recreation

  • Community Pool

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$289

Year Built

Built in 1968

Lot Details

0

HOA Fees

$180 per month

Listing Details

  • Cross Street: 15th Avenue and Camelback
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 180.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Year Built: 1968
  • Tax Year: 2012
  • Directions: North on 15th Ave to Colter. West on Colter to Arizona Gardens Townhomes. Park on Colter and enter through walk-in gate.
  • Property Sub Type: Townhouse
  • Horses: No
  • Subdivision Name: Arizona Gardens
  • ResoBuildingAreaSource: Appraiser
  • Association Fees:HOA Fee2: 180.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, High Speed Internet
  • Living Area: 928.0
  • Stories: 2
  • ResoLivingAreaSource: Appraiser
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Near Light Rail Stop: Yes

Exterior Features

  • Fencing: Wood
  • Exterior Features: Covered Patio(s), Storage
  • Lot Features: Grass Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Common Walls: Two Common Walls
  • Construction Type: Painted, Stucco, Slump Block
  • Roof: Composition
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Storage: Yes
  • Construction:Slump Block: Yes

Garage/Parking

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

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Pool, Near Light Rail Stop, Near Bus Stop
  • Association Fee: 180.0
  • Association Fee Frequency: Monthly
  • Association Name: Arizona Gardens
  • Phone: 602-944-3338
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 350.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Arizona Gardens
  • Association Fees:HOA Telephone4: 602-944-3338
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • 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:Blanket Ins Policy: Yes
  • Association Fee Incl:Water6: Yes

Fee Information

  • Association Fee Includes: Insurance, Front Yard Maint, Water, Maintenance Exterior

Schools

  • Elementary School: Clarendon School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 50.0
  • Parcel #: 156-38-083
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 289.32
  • Tax Block: 1500
  • Tax Book Number: 156.00
  • Tax Lot: 8
  • Tax Map Number: 38.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2013
Closed on
May 31, 2013
Sold by
Secretary Of Housing & Urban Development
Bought by
Decastro Nereyda Castro
Seller's Agent
Steve McKamey
Pro Star Realty
Buyer's Agent
Adolfo Banuelos
Southwest Preferred Properties
List Price
$32,000
Sold Price
$35,000
Premium/Discount to List
$3,000
9.38%
Current Estimated Value
$238,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,071
Avg. Annual Appreciation
16.72%

Purchase Details

Closed on
Jan 25, 2013
Sold by
New York Community Bank
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Oct 31, 2011
Sold by
Elliott Ronald J and Accubanc Mortgage
Bought by
New York Community Bank

Purchase Details

Closed on
Mar 11, 2005
Sold by
James Gale
Bought by
Elliott Ronald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,900
Interest Rate
5.77%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 25, 1999
Sold by
Investmentswest Inc
Bought by
James Gale

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,750
Interest Rate
6.78%
Mortgage Type
FHA
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 Buyer Sale Price Title Company
Decastro Nereyda Castro -- Grand Canyon Title Agency
Secretary Of Housing & Urban Development -- First American Title
New York Community Bank $70,238 First American Title
Elliott Ronald J $70,000 Camelback Title Agency Llc
James Gale $57,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elliott Ronald J $67,900
Previous Owner James Gale $55,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2013 06/04/13 Sold $35,000 +9.4% $38 / Sq Ft
03/15/2013 03/15/13 Pending -- -- --
03/05/2013 03/05/13 For Sale $32,000 -- $34 / 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 $444 $3,540 -- --
2024 $429 $3,372 -- --
2023 $429 $12,200 $2,440 $9,760
2022 $427 $10,530 $2,100 $8,430
2021 $434 $8,300 $1,660 $6,640
2020 $423 $6,870 $1,370 $5,500
2019 $405 $6,780 $1,350 $5,430
2018 $391 $4,400 $880 $3,520
2017 $359 $3,610 $720 $2,890
2016 $347 $3,550 $710 $2,840
2015 $322 $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: 4900185

Arizona Regional Multiple Listing Service (ARMLS)

APN: 156-38-083