NOT LISTED FOR SALE

1620 E Cambridge Ave Unit 1 Phoenix, AZ 85006

Central City Neighborhood

Estimated Value: $153,000 - $287,000

1 Bed
1 Bath
644 Sq Ft
871 Sq Ft Lot

Last Sold February 04, 2013

Last sale price $30,800 $48 Per Sq Ft

Est. 532% increase in value since last sale

Current estimated payment $1,065/month

2 Days on Market

About This Home

As of February 2013

This home is located at 1620 E Cambridge Ave Unit 1, Phoenix, AZ 85006 since 24 January 2013 and is currently estimated at $194,574, approximately $302 per square foot. This property was built in 1986. 1620 E Cambridge Ave Unit 1 is a home located in Maricopa County with nearby schools including Loma Linda Elementary School, North High School, and Phoenix Coding Academy.

Last Agent to Sell the Property

Bart Morgenegg

Berkshire Hathaway HomeServices Arizona Properties License #SA626235000 Listed on: 01/24/2013

Berkshire Hathaway HomeServices Arizona Properties

Last Buyer's Agent

Bart Morgenegg

Berkshire Hathaway HomeServices Arizona Properties License #SA626235000 Listed on: 01/24/2013

Berkshire Hathaway HomeServices Arizona Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $295

Year Built

  • Built in 1986

Lot Details

  • Two or More Common Walls
  • Block Wall Fence

Parking

  • 1 Carport Space

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 644 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Location

  • Unit is below another unit

Schools

  • Creighton Elementary School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Community Details

  • Property has a Home Owners Association
  • Brown Management Association, Phone Number (480) 539-1396
  • Cambridge Condominiums Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 117-04-079

Property Details

Home Type

Condominium

Est. Annual Taxes

$295

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Cross Street: Thomas/16th St
  • Legal Info Range: 3E
  • Property Type: Residential
  • 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: 175.0
  • Basement: N
  • Energy Green Feature H E R S Rating: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Year Built: 1986
  • Tax Year: 2012
  • Directions: Go South from Thomas on 16th St. to Cambridge. Turn East (left) to complex on the left.
  • Property Sub Type: Apartment Style/Flat
  • Lot Size Acres: 0.02
  • Subdivision Name: Cambridge Condominiums
  • Architectural Style: Other (See Remarks)
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 175.0
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Spa Features: None
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 644.0
  • Stories: 2
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes

Exterior Features

  • Fencing: Block
  • Pool Features: None
  • Disclosures: Other (See Remarks)
  • Common Walls: Two Common Walls, Neighbor Above
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Name: Brown Management
  • Phone: 480-539-1396
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Brown Management
  • Association Fees:HOA Telephone4: 480-539-1396
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Schools

  • Elementary School: Creighton Elementary School
  • Middle Or Junior School: Creighton Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 694.0
  • Parcel #: 117-04-079
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unkown

Tax Info

  • Tax Annual Amount: 294.88
  • Tax Book Number: 117.00
  • Tax Lot: 1
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2013
Closed on
Jan 27, 2013
Sold by
Puig Javier A
Bought by
Castaneda Ramon Aaron Venegas
Seller's Agent
Bart Morgenegg
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Bart Morgenegg
Berkshire Hathaway HomeServices Arizona Properties
List Price
$34,900
Sold Price
$30,800
Premium/Discount to List
-$4,100
-11.75%
Current Estimated Value
$194,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,774
Avg. Annual Appreciation
15.66%

Purchase Details

Closed on
Mar 29, 2011
Sold by
Federal National Mortgage Association
Bought by
Puig Javier

Purchase Details

Closed on
Jul 6, 2010
Sold by
Onewest Bank Fsb
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 9, 2007
Sold by
Burwood Matthew
Bought by
Tyandaga Holdings

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2006
Sold by
Balan Ilie and Balan Rodica
Bought by
Burwood Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$864,800
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2004
Sold by
Johari George L
Bought by
Balan Ilie and Balan Rodica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2000
Sold by
Zomorrodi Shahryar and Zomorrodi Kambiz
Bought by
Johari George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 1996
Sold by
Kaye Ronald
Bought by
Zomorrodi Shahryar

Purchase Details

Closed on
Dec 14, 1994
Sold by
Steelfire Investments Inc
Bought by
Kaye Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
9.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 1994
Sold by
Coppinger Sarah
Bought by
Steelfire Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
9.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 1994
Sold by
Cambridge Condos Inc
Bought by
Garcia Margie I
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
Castaneda Ramon Aaron Venegas $30,800 Fidelity National Title Agen
Puig Javier $11,000 Guaranty Title Agency
Federal National Mortgage Association -- Accommodation
Onewest Bank Fsb $131,058 Accommodation
Tyandaga Holdings -- Security Title Agency Inc
Burwood Matthew $135,000 Security Title Agency Inc
Burwood Matthew $966,000 Security Title Agency Inc
Balan Ilie $677,000 Security Title Agency
Johari George $475,000 Security Title Agency
Zomorrodi Shahryar -- --
Kaye Ronald $37,000 Fidelity Title
Steelfire Investments Inc $285,000 Fidelity Title
Garcia Margie I $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burwood Matthew $121,500
Previous Owner Burwood Matthew $864,800
Previous Owner Balan Ilie $500,000
Previous Owner Johari George $380,000
Previous Owner Kaye Ronald $26,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2013 02/04/13 Sold $30,800 -11.7% $48 / Sq Ft
01/14/2013 01/14/13 Pending -- -- --
01/12/2013 01/12/13 For Sale $34,900 -- $54 / 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 $405 $3,524 -- --
2024 $400 $3,357 -- --
2023 $400 $10,420 $2,080 $8,340
2022 $383 $5,430 $1,080 $4,350
2021 $397 $4,930 $980 $3,950
2020 $387 $4,300 $860 $3,440
2019 $385 $3,860 $770 $3,090
2018 $376 $2,750 $550 $2,200
2017 $361 $2,480 $490 $1,990
2016 $346 $3,020 $600 $2,420
2015 $323 $2,810 $560 $2,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4879740

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-04-079