NOT LISTED FOR SALE

1616 N 63rd Ave Unit 48 Phoenix, AZ 85035

Estimated Value: $164,000 - $195,639

2 Beds
1 Bath
700 Sq Ft
$267/Sq Ft Est. Value

Last Sold April 26, 2021

Last sale price $113,000 $161 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,125/month

6 Days on Market

Highlights

  • Vaulted Ceiling
  • Eat-In Kitchen
  • Central Air
  • Phoenix Coding Academy Rated A
  • Tile Flooring
  • Wood Fence

About This Home

As of April 2021

Wow! Investor special tenant occupied with immediate cash flow! Absolutely gorgeous phoenix 2/1 townhouse with vaulted ceilings, all tile flooring, updated interior paint, spacious kitchen with expansive living room transition flow, oversized bedrooms, private backyard courtyard area with rear access parking, storage, community pool, tranquil community walking paths, nearby schools, great location and more!

Last Agent to Sell the Property

Dominic Arnold

AZ Prime Property Management License #BR639934000 Listed on: 04/09/2021

Last Buyer's Agent

Ivan Mendoza

HomeSmart License #SA580730000

HomeSmart

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $283

Year Built

  • Built in 1982

Lot Details

  • 1,821 Sq Ft Lot
  • Desert faces the front of the property
  • Wood Fence

HOA Fees

  • $114 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 700 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Tile Flooring
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 2 Open Parking Spaces
  • Assigned Parking

Schools

  • Peralta Elementary School
  • Desert Sands Middle School
  • Trevor Browne High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • Association fees include front yard maint, maintenance exterior
  • Cypress Gardens Association, Phone Number (623) 691-0567
  • Cypress Gardens Subdivision

Listing and Financial Details

  • Tax Lot 48
  • Assessor Parcel Number 103-12-609

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$283

Year Built

Built in 1982

Lot Details

0

HOA Fees

$114 per month

Listing Details

  • Cross Street: 63 Ave and McDowell
  • Legal Info Range: 2E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 114.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1982
  • Tax Year: 2020
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.04
  • Subdivision Name: CYPRESS GARDENS
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 114.0
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Vaulted Ceiling(s)
  • Living Area: 700.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Assigned
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Parking Features:Assigned Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 114.0
  • Association Fee Frequency: Monthly
  • Association Name: CYPRESS GARDENS
  • Phone: 623-691-0567
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 325.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: CYPRESS GARDENS
  • Association Fees:HOA Telephone4: 623-691-0567
  • 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

Fee Information

  • Association Fee Includes: Front Yard Maint, Maintenance Exterior

Schools

  • Elementary School: Peralta School
  • High School: Trevor Browne High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Desert Sands Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1821.0
  • Parcel #: 103-12-609

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Annual Amount: 283.0
  • Tax Book Number: 103.00
  • Tax Lot: 48
  • Tax Map Number: 12.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
Apr 19, 2021
Sold by
Siawmee Retreat 2 Llc
Bought by
Orozco Carlos Omar Peregri and Salayandia Griselda Rios
Seller's Agent
Dominic Arnold
AZ Prime Property Management
Buyer's Agent
Ivan Mendoza
HomeSmart
List Price
$112,500
Sold Price
$113,000
Premium/Discount to List
$500
0.44%
Current Estimated Value
$186,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,660
Avg. Annual Appreciation
12.29%
Original Mortgage
$78,000
Outstanding Balance
$70,783
Interest Rate
3.05%
Mortgage Type
Commercial
Estimated Equity
$117,859

Purchase Details

Listed on
Feb 27, 2017
Closed on
Mar 20, 2017
Sold by
Immo Global Llc
Bought by
Sjawmee Retreat 2 Llc
Seller's Agent
Sheri Jackson
West USA Choice
Buyer's Agent
Ophelia Mougel
Howe Realty
List Price
$54,000
Sold Price
$52,000
Premium/Discount to List
-$2,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.95%

Purchase Details

Closed on
Jan 31, 2011
Sold by
Bac Home Loans Servicing Lp
Bought by
Cardin Eric

Purchase Details

Closed on
Jan 26, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Bac Home Loans Servicing Lp

Purchase Details

Closed on
Jul 7, 2010
Sold by
Bac Home Loans Servicing Lp
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Feb 25, 2003
Sold by
Mannings Leonarda
Bought by
Terrazas Sergio and Terrazas Maricela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,650
Interest Rate
5.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 1995
Sold by
Needle Kenneth E and Needle Sandra M
Bought by
Mannings Leonarda

Purchase Details

Closed on
Sep 18, 1995
Sold by
Underhill Edward
Bought by
Mannings Leonarda
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Orozco Carlos Omar Peregri $113,000 Security Title
Sjawmee Retreat 2 Llc $71,000 Security Title Agency Inc
Immo Global Llc $50,000 Security Title Agency
Cardin Eric $12,500 Guaranty Title Agency
Bac Home Loans Servicing Lp -- Guaranty Title Agency
Federal Home Loan Mortgage Corp -- First American Title
Bac Home Loans Servicing Lp $16,500 First American Title
Terrazas Sergio $28,500 Security Title Agency
Mannings Leonarda $26,500 Security Title Agency
Mannings Leonarda -- Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orozco Carlos Omar Peregri $78,000
Previous Owner Terrazas Sergio $25,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2021 04/26/21 Sold $113,000 +0.4% $161 / Sq Ft
04/15/2021 04/15/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $112,500 +116.3% $161 / Sq Ft
03/30/2017 03/30/17 Sold $52,000 -3.7% $74 / Sq Ft
03/06/2017 03/06/17 Pending -- -- --
02/27/2017 02/27/17 For Sale $54,000 -- $77 / 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 $306 $1,796 -- --
2024 $313 $1,710 -- --
2023 $313 $9,500 $1,900 $7,600
2022 $295 $6,950 $1,390 $5,560
2021 $298 $5,860 $1,170 $4,690
2020 $283 $5,270 $1,050 $4,220
2019 $271 $4,660 $930 $3,730
2018 $281 $3,180 $630 $2,550
2017 $272 $2,680 $530 $2,150
2016 $260 $2,200 $440 $1,760
2015 $243 $2,230 $440 $1,790
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Dominic Arnold

    AZ Prime Property Management

    (480) 449-6632

    128 Total Sales

    Dominic Arnold
    Section Image
  • Ivan Mendoza

    Buyer's Agent in 2021

    Ivan Mendoza

    HomeSmart

    (602) 550-4262

    165 Total Sales

    Ivan Mendoza
    Section Image

  • S

    Seller's Agent in 2017

    Sheri Jackson

    West USA Choice

    (602) 375-3300

    22 Total Sales

    Sheri Jackson
    Section Image
  • Ophelia Mougel

    Buyer's Agent in 2017

    Ophelia Mougel

    Howe Realty

    (602) 710-0131

    85 Total Sales

    Ophelia Mougel
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6219973

Arizona Regional Multiple Listing Service (ARMLS)

APN: 103-12-609

Arizona Maricopa County Phoenix 85035

1616 N 63rd Ave Unit 48, Phoenix, AZ

This home is located at 1616 N 63rd Ave Unit 48, Phoenix, AZ 85035 since 09 April 2021 and is currently estimated at $186,660, approximately $266 per square foot. This property was built in 1982. 1616 N 63rd Ave Unit 48 is a home located in Maricopa County with nearby schools including Palm Lane Elementary School, Raul H. Castro Middle School, and Trevor Browne High School.

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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