NOT LISTED FOR SALE

Estimated Value: $333,000 - $518,000

2 Beds
1 Bath
720 Sq Ft
$562/Sq Ft Est. Value

Last Sold April 27, 2017

Last sale price $146,000 $203 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $2,309/month

12 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Evaporated cooling system
  • Phoenix Coding Academy Rated A
  • Eat-In Kitchen
  • Grass Covered Lot

About This Home

As of April 2017

Outstanding opportunity to acquire your next fix and flip project with a very attractive after renovation value with examples of this on the very same street. This vintage bungalow or chalet in the Madison school district was built originally in 1925, it has 2 beds and 1 bath with fire place and vintage wood floors in the main living area, with the famous carriage house in the back. Most neighboring similar homes have converted them into casitas or guest quarters. The sale of this asset is under judicial supervision and will require court approval, easy process. Call listing agent with any questions. Court hearing to approve the sale of real property to be 4/26 at 9AM at the Old Court House 125 W. Washington St. Phoenix AZ
Upset bidders can attend the hearing.

Last Agent to Sell the Property

Ralph Beltran

Realty ONE Group License #SA108580000 Listed on: 01/19/2017

Last Buyer's Agent

Ralph Beltran

Realty ONE Group License #SA108580000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $781

Year Built

  • Built in 1925

Lot Details

  • 6,203 Sq Ft Lot
  • Chain Link Fence
  • Grass Covered Lot

Parking

  • 2 Open Parking Spaces

Home Design

  • Fixer Upper
  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Schools

  • Madison Elementary School
  • Madison Park Middle School
  • North High School

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Montecito Subdivision

Listing and Financial Details

  • Legal Lot and Block 11 / 4
  • Assessor Parcel Number 163-27-080

Home Details

Home Type

Single Family

Est. Annual Taxes

$781

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Cross Street: 16th St. & Indian School
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1925
  • Tax Year: 2015
  • Directions: North Of Indian School towards Montecito Ave, East to property on south side of street.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.14
  • Subdivision Name: MONTECITO
  • Architectural Style: Other (See Remarks)
  • New Construction: No
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Flooring: Other, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen
  • Living Area: 720.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Kitchen Features:None42: Yes

Exterior Features

  • Fencing: Chain Link
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back, Grass Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Property Condition: Fixer
  • Roof: See Remarks, Built-Up
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Other, See Remarks, Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Madison Elementary School
  • High School: North High School
  • Middle Or Junior School: Madison Park School

Lot Info

  • Horse Amenities: Other, See Remarks
  • Land Lease: No
  • Lot Size Sq Ft: 6203.0
  • Parcel #: 163-27-080
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 781.0
  • Tax Block: 4
  • Tax Book Number: 163.00
  • Tax Lot: 11
  • Tax Map Number: 27.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2022
Sold by
Nuriye Mencek
Bought by
Mencek Gulsen
Total Days on Market
12
Current Estimated Value
$404,503

Purchase Details

Listed on
Jan 19, 2017
Closed on
Mar 21, 2017
Sold by
Maricopa County Public Fiduciary
Bought by
Mencek Nuriye
Seller's Agent
Ralph Beltran
Realty ONE Group
Buyer's Agent
Ralph Beltran
Realty ONE Group
List Price
$160,000
Sold Price
$146,000
Premium/Discount to List
-$14,000
-8.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.38%
Source: Public Records

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Range of Values:

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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
Mencek Gulsen -- None Listed On Document
Mencek Gulsen -- None Listed On Document
Mencek Nuriye $146,000 Driggs Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saltz Mona M $156,000
Previous Owner Saltz Mona M $150,000
Previous Owner Saltz Mona N $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2017 04/27/17 Sold $146,000 -8.8% $203 / Sq Ft
01/19/2017 01/19/17 For Sale $160,000 -- $222 / 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 $1,943 $17,824 -- --
2024 $1,887 $16,975 -- --
2023 $1,887 $32,530 $6,500 $26,030
2022 $1,826 $24,610 $4,920 $19,690
2021 $1,864 $21,700 $4,340 $17,360
2020 $1,833 $19,670 $3,930 $15,740
2019 $942 $14,870 $2,970 $11,900
2018 $917 $11,850 $2,370 $9,480
2017 $871 $9,860 $1,970 $7,890
2016 $839 $8,210 $1,640 $6,570
2015 $781 $7,860 $1,570 $6,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5549886

Arizona Regional Multiple Listing Service (ARMLS)

APN: 163-27-080