NOT LISTED FOR SALE

1620 E Cambridge Ave Unit 5 Phoenix, AZ 85006

Central City Neighborhood

Estimated Value: $142,000 - $270,000

1 Bed
1 Bath
644 Sq Ft
$225/mo HOA Fee

Last Sold April 12, 2021

Last sale price $200,000 $311 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,361/month

112 Days on Market

Highlights

  • Above Ground Spa
  • Granite Countertops
  • Central Air
  • Phoenix Coding Academy Rated A
  • Tile Flooring
  • Partially Fenced Property

About This Home

As of April 2021

Charming 1 Bed 1 Bath fully renovated condo! Located in central Phoenix with direct access to HWY 51. Rare find in a high demand area! Brand new tile floors, stainless steel appliances, granite countertops. Includes a very large wrap around private patio/yard with self watering garden, artificial grass, 2 patios and a private hot tub. Plenty of storage space, full size washer and dryer in unit. Bedroom features a walk in closet and sliding door that leads to patio and hot tub. Hot tub was upgraded this year with a new heater, pump and display unit. Air Conditioner was replaced 3 years ago. HOA includes water/sewer/trash & common area maintenance.

Last Agent to Sell the Property

Heather Cagle-Ryan

E & G Real Estate Services License #BR648927000 Listed on: 11/07/2020

Last Buyer's Agent

Alex Perez-Lazar

Engel & Voelkers Scottsdale License #SA689229000

Engel & Voelkers Scottsdale

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $441

Year Built

  • Built in 1986

Lot Details

  • Partially Fenced Property
  • Artificial Turf

HOA Fees

  • $225 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 644 Sq Ft Home
  • 2-Story Property
  • Tile Flooring
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Parking

  • 1 Carport Space
  • Assigned Parking

Pool

  • Above Ground Spa

Schools

  • Creighton Elementary School
  • North High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • Association fees include sewer, ground maintenance, trash, water
  • 360 Pm Association, Phone Number (602) 863-3600
  • Cambridge Condominium Unit 1 14 Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 117-04-083

Property Details

Home Type

Condominium

Est. Annual Taxes

$441

Year Built

Built in 1986

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Cross Street: Thomas & 16th St
  • 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: 225.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1986
  • Tax Year: 2020
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: CAMBRIDGE CONDOMINIUM UNIT 1-14
  • Property Attached Yn: Yes
  • General Property Description:PriceSqFt: 310.55
  • Association Fees:HOA Fee2: 225.0
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: Above Ground
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Granite Counters
  • Living Area: 644.0
  • Stories: 2
  • Kitchen Features:RangeOven Elec: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Partial
  • Lot Features: Synthetic Grass Back
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Built-Up
  • Construction:Frame - Wood: 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: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 225.0
  • Association Fee Frequency: Monthly
  • Association Name: 360 PM
  • Phone: 602-863-3600
  • 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: 360 PM
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Sewer, Maintenance Grounds, Trash, Water

Schools

  • Elementary School: Creighton Elementary School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Creighton Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 705.0
  • Parcel #: 117-04-083

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 441.0
  • Tax Book Number: 117.00
  • Tax Lot: 5
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2020
Closed on
Mar 10, 2021
Sold by
Zercher Alex
Bought by
Romero Gilberto and Lopez Maribel Luna
Seller's Agent
Heather Cagle-Ryan
E & G Real Estate Services
Buyer's Agent
Alex Perez-Lazar
Engel & Voelkers Scottsdale
List Price
$179,999
Sold Price
$200,000
Premium/Discount to List
$20,001
11.11%
Current Estimated Value
$212,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,552
Avg. Annual Appreciation
1.28%
Original Mortgage
$194,000
Outstanding Balance
$174,491
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$38,061

Purchase Details

Listed on
Jan 17, 2017
Closed on
Jan 26, 2017
Sold by
Spinnaker Cambridge Llp
Bought by
Zercher Alex
Seller's Agent
Christina Norsworthy
HomeSmart
Buyer's Agent
Alex Zercher
West USA Realty
List Price
$53,500
Sold Price
$51,500
Premium/Discount to List
-$2,000
-3.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.34%

Purchase Details

Listed on
Aug 19, 2015
Closed on
Nov 17, 2015
Sold by
Wang Adrien P
Bought by
Spinnaker Cambridge Llp
Seller's Agent
Herlina La
Delex Realty
Buyer's Agent
Christina Norsworthy
HomeSmart
List Price
$45,000
Sold Price
$41,500
Premium/Discount to List
-$3,500
-7.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.65%

Purchase Details

Listed on
May 15, 2013
Closed on
Jun 25, 2013
Sold by
Az Reo Group Llc
Bought by
Wang Adrien P
Seller's Agent
Steve Hatsakorzian
The Biltmore Group LLC
Buyer's Agent
Herlina La
Delex Realty
List Price
$39,000
Sold Price
$33,000
Premium/Discount to List
-$6,000
-15.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.72%

Purchase Details

Closed on
Dec 27, 2012
Sold by
Brucker Matthew C and Colman Bryant W
Bought by
Mbc Equities Llc

Purchase Details

Listed on
Jan 10, 2012
Closed on
Jun 11, 2012
Sold by
Postema Jerald A and Denemy Terri
Bought by
Postema Jerald A and Denemy Terri
Seller's Agent
Michael Unroe
REO Brokers, LLC
Buyer's Agent
Trisha Carroll
Avenew Realty Inc
List Price
$19,900
Sold Price
$15,000
Premium/Discount to List
-$4,900
-24.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.30%

Purchase Details

Listed on
Jan 10, 2012
Closed on
May 4, 2012
Sold by
7400 Llc
Bought by
Azreo Group Llc
Seller's Agent
Michael Unroe
REO Brokers, LLC
Buyer's Agent
Trisha Carroll
Avenew Realty Inc
List Price
$19,900
Sold Price
$15,000
Premium/Discount to List
-$4,900
-24.62%

Purchase Details

Listed on
Jan 10, 2012
Closed on
May 3, 2012
Sold by
7400 Llc
Bought by
Azreo Group Llc
Seller's Agent
Michael Unroe
REO Brokers, LLC
Buyer's Agent
Trisha Carroll
Avenew Realty Inc
List Price
$19,900
Sold Price
$15,000
Premium/Discount to List
-$4,900
-24.62%

Purchase Details

Closed on
May 18, 2007
Sold by
Mb Phx Cc Llc
Bought by
Tyandaga Holdings

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
Apr 2, 1996
Sold by
Mcfarland Michelle and Jansen Maria
Bought by
Zomorrodi Shahryar

Purchase Details

Closed on
Dec 14, 1994
Sold by
Steelfire Investments Inc
Bought by
Mcfarland Michelle and Jansen Maria

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
Source: Public Records
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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
Romero Gilberto $200,000 Premier Title Agency
Zercher Alex $51,500 Clear Title Agency Of Az Llc
Spinnaker Cambridge Llp $41,500 Clear Title Agency Of Az Llc
Wang Adrien P $34,000 Magnus Title Agency
Mbc Equities Llc -- Security Title Agency
Postema Jerald A -- None Available
Azreo Group Llc $95,000 Empire West Title Agency
Azreo Group Llc $95,000 Empire West Title Agency
Tyandaga Holdings -- Security Title Agency Inc
Burwood Matthew $966,000 Security Title Agency Inc
Balan Ilie $677,000 Security Title Agency
Zomorrodi Shahryar -- --
Mcfarland Michelle $37,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romero Gilberto $194,000
Previous Owner Burwood Matthew $864,800
Previous Owner Balan Ilie $500,000
Previous Owner Mcfarland Michelle $26,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/12/2021 04/12/21 Sold $200,000 +11.1% $311 / Sq Ft
04/08/2021 04/08/21 For Sale $179,999 0.0% $280 / Sq Ft
04/08/2021 04/08/21 Price Changed $179,999 0.0% $280 / Sq Ft
03/30/2021 03/30/21 For Sale $179,999 0.0% $280 / Sq Ft
03/30/2021 03/30/21 Price Changed $179,999 0.0% $280 / Sq Ft
02/17/2021 02/17/21 Price Changed $179,999 -10.0% $280 / Sq Ft
12/24/2020 12/24/20 Price Changed $199,900 -12.7% $310 / Sq Ft
11/07/2020 11/07/20 For Sale $229,000 +344.7% $356 / Sq Ft
02/07/2017 02/07/17 Sold $51,500 -3.7% $80 / Sq Ft View Prior Sale
01/25/2017 01/25/17 Pending -- -- --
01/17/2017 01/17/17 For Sale $53,500 +28.9% $83 / Sq Ft
12/15/2015 12/15/15 Sold $41,500 -7.8% $64 / Sq Ft View Prior Sale
11/11/2015 11/11/15 Pending -- -- --
08/18/2015 08/18/15 For Sale $45,000 +36.4% $70 / Sq Ft
06/27/2013 06/27/13 Sold $33,000 -15.4% $51 / Sq Ft View Prior Sale
06/13/2013 06/13/13 Pending -- -- --
05/15/2013 05/15/13 For Sale $39,000 +160.0% $61 / Sq Ft
05/04/2012 05/04/12 Sold $15,000 -24.6% $23 / Sq Ft View Prior Sale
04/27/2012 04/27/12 Pending -- -- --
04/21/2012 04/21/12 For Sale $19,900 0.0% $31 / Sq Ft
04/16/2012 04/16/12 Pending -- -- --
02/06/2012 02/06/12 Price Changed $19,900 -9.1% $31 / Sq Ft
01/10/2012 01/10/12 For Sale $21,900 -- $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 $427 $3,570 -- --
2024 $405 $3,400 -- --
2023 $405 $10,420 $2,080 $8,340
2022 $388 $5,430 $1,080 $4,350
2021 $402 $4,930 $980 $3,950
2020 $441 $4,300 $860 $3,440
2019 $437 $3,860 $770 $3,090
2018 $428 $2,750 $550 $2,200
2017 $412 $2,480 $490 $1,990
2016 $396 $3,020 $600 $2,420
2015 $368 $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: 6157647

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-04-083