$62,000
SOLD MAR 14, 2017

1620 E Cambridge Ave Unit 8 Phoenix, AZ 85006

Central City Neighborhood
2 Beds
2 Baths
872 Sq Ft
$198/mo HOA Fee

Recently Sold

$71 Per Sq Ft

8% Below List Price

34 Days on Market

Highlights

  • Dual Vanity Sinks in Primary Bathroom
  • Solar Screens
  • No Interior Steps
  • Phoenix Coding Academy Rated A
  • Patio
  • Tile Flooring

About This Home

As of July 2021

Spacious unit in Central convenient location. Investors welcome. Don't miss out on this Excellent investment opportunity, these unit was rented for $850 a month. Ready to move in.

Last Agent to Sell the Property

Henry Hechavarria

HomeSmart License #SA659965000 Listed on: 01/25/2017

HomeSmart

Last Buyer's Agent

Henry Hechavarria

HomeSmart License #SA659965000 Listed on: 01/25/2017

HomeSmart

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $523

Year Built

  • Built in 1986

HOA Fees

  • $198 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 872 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Solar Screens
  • Tile Flooring
  • Built-In Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Parking

  • 1 Carport Space
  • Assigned Parking

Schools

  • Creighton Elementary School
  • North High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Patio
  • Block Wall Fence
  • Unit is below another unit

Community Details

  • Association fees include roof repair, insurance, sewer, ground maintenance, front yard maint, trash, water, roof replacement, maintenance exterior
  • Cambridge Condominiu Association, Phone Number (480) 539-1396
  • Cambridge Condominium Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 117-04-086

Property Details

Home Type

Condominium

Est. Annual Taxes

$523

Year Built

Built in 1986

Lot Details

0

HOA Fees

$198 per month

Listing Details

  • Cross Street: 16th Street & Thomas Rd
  • Legal Info Range: 3E
  • 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: 198.0
  • Basement: N
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2015
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1986
  • Tax Year: 2016
  • Directions: From I-10 go North on 16th St, to Cambridge , East to property.
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: CAMBRIDGE CONDOMINIUM
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 198.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: 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: No Interior Steps, Double Vanity, Full Bth Master Bdrm
  • Living Area: 872.0
  • Stories: 1
  • Window Features: Sunscreen(s)
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Family Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Patio
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: Neighbor Above
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: 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

  • Amenities: Rental OK (See Rmks)
  • Association Fee: 198.0
  • Association Fee Frequency: Monthly
  • Association Name: Cambridge Condominiu
  • Phone: 480-539-1396
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 450.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Cambridge Condominiu
  • Association Fees:HOA Telephone4: 480-539-1396
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • 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: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

Fee Information

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

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: 825.0
  • Parcel #: 117-04-086
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 523.0
  • Tax Book Number: 117.00
  • Tax Lot: 8
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
Jun 15, 2021
Sold by
Southwest Affordable Rentals Llc
Bought by
Santos Raphael
Seller's Agent
Shaaron Elisha
1st Class Real Estate & Associates
Buyer's Agent
Elora Tran
eXp Realty
List Price
$189,500
Sold Price
$189,500
Current Estimated Value
$235,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,867
Avg. Annual Appreciation
5.25%
Original Mortgage
$170,550
Outstanding Balance
$154,412
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$80,955

Purchase Details

Closed on
May 29, 2018
Sold by
Rosenfeld Brad Harrison
Bought by
Southwest Affordable Rentals Llc

Purchase Details

Listed on
Jan 25, 2017
Closed on
Mar 8, 2017
Sold by
Atencia Rosa Cecilia
Bought by
Rosenfeld Brad H
Seller's Agent
Henry Hechavarria
HomeSmart
Buyer's Agent
Henry Hechavarria
HomeSmart
List Price
$67,490
Sold Price
$62,000
Premium/Discount to List
-$5,490
-8.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.86%

Purchase Details

Listed on
Jan 15, 2015
Closed on
Mar 30, 2015
Sold by
Leon Cindy
Bought by
Atencia Rosa Cecilia
Seller's Agent
Ericka Vasquez
Unique Legacy Realty
Buyer's Agent
Ericka Vasquez
Unique Legacy Realty
List Price
$45,000
Sold Price
$30,000
Premium/Discount to List
-$15,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.38%

Purchase Details

Closed on
Jul 6, 2011
Sold by
Jpmorgan Chase Bank National Association
Bought by
Leon Cindy

Purchase Details

Closed on
May 9, 2011
Sold by
Burwood Matthew
Bought by
Jpmorgan Chase Bank National 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
$139,500
Interest Rate
8.22%
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
Apr 2, 1996
Sold by
Wong Deanne
Bought by
Zomorrodi Shahryar

Purchase Details

Closed on
Dec 14, 1994
Sold by
Steelfire Investments Inc
Bought by
Wong Deanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,500
Interest Rate
9.28%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $189,500 Phoenix Title Agency Llc
Warranty Deed -- None Available
Cash Sale Deed $62,000 Great American Title Agency
Cash Sale Deed $30,000 First Arizona Title Agency
Cash Sale Deed $21,500 Fatco
Trustee Deed $17,100 Security Title Agency
Quit Claim Deed -- Security Title Agency Inc
Warranty Deed $155,000 Security Title Agency Inc
Warranty Deed $966,000 Security Title Agency Inc
Warranty Deed $677,000 Security Title Agency
Trustee Deed -- --
Warranty Deed $45,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $170,550 New Conventional
Previous Owner $139,500 New Conventional
Previous Owner $864,800 New Conventional
Previous Owner $500,000 New Conventional
Previous Owner $31,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2021 07/09/21 Sold $189,500 0.0% $217 / Sq Ft
07/06/2021 07/06/21 For Sale $189,500 0.0% $217 / Sq Ft
04/14/2021 04/14/21 Price Changed $189,500 -2.8% $217 / Sq Ft
04/09/2021 04/09/21 For Sale $195,000 +214.5% $224 / Sq Ft
03/14/2017 03/14/17 Sold $62,000 -8.1% $71 / Sq Ft
02/28/2017 02/28/17 Pending -- -- --
01/25/2017 01/25/17 For Sale $67,490 +125.0% $77 / Sq Ft
04/07/2015 04/07/15 Sold $30,000 -16.7% $34 / Sq Ft
03/18/2015 03/18/15 Pending -- -- --
03/10/2015 03/10/15 Price Changed $36,000 -5.3% $41 / Sq Ft
03/06/2015 03/06/15 Price Changed $38,000 -5.0% $44 / Sq Ft
02/10/2015 02/10/15 Price Changed $40,000 -4.8% $46 / Sq Ft
01/29/2015 01/29/15 Price Changed $42,000 -4.5% $48 / Sq Ft
01/23/2015 01/23/15 Price Changed $44,000 -2.2% $50 / Sq Ft
01/15/2015 01/15/15 For Sale $45,000 0.0% $52 / Sq Ft
02/01/2012 02/01/12 Rented $535 -23.0% --
01/07/2012 01/07/12 Under Contract -- -- --
08/24/2011 08/24/11 For Rent $695 -- --
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 $541 $4,714 -- --
2024 $535 $4,489 -- --
2023 $535 $12,810 $2,560 $10,250
2022 $512 $6,860 $1,370 $5,490
2021 $596 $6,300 $1,260 $5,040
2020 $582 $5,470 $1,090 $4,380
2019 $577 $4,920 $980 $3,940
2018 $566 $3,520 $700 $2,820
2017 $544 $3,230 $640 $2,590
2016 $523 $4,030 $800 $3,230
2015 $486 $3,710 $740 $2,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5551539

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-04-086