NOT LISTED FOR SALE

Estimated Value: $202,000 - $281,000

2 Beds
2 Baths
882 Sq Ft
10,019 Sq Ft Lot

Last Sold June 10, 2015

Last sale price $41,500 $47 Per Sq Ft

Est. 461% increase in value since last sale

Current estimated payment $1,335/month

12 Days on Market

Highlights

  • No Interior Steps
  • Wrought Iron Fence
  • Heating Available
  • The Creighton Academy Rated 9+
  • Carpet

About This Home

As of June 2015

Well maintained 2 bedroom, 2 bath second floor condo in quiet community. Near transportation and shopping. New AC in Unit. Income property - tenant in place at $550/mo. HOA is $141 and covers water, roof, blanket insurance, trash and exterior maintenance. Roughly $4600 NOI - 11% cap rate at list price.

Last Listed By

Timothy Schutt

Wrangler Real Estate License #BR567000000 Listed on: 04/11/2015

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $264

Year Built

  • Built in 1981

Lot Details

  • 10,019

Home Design

  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 882 Sq Ft Home
  • 2-Story Property
  • Dishwasher

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Assigned Parking

Schools

  • Creighton Elementary School
  • North High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Additional Features

  • No Interior Steps
  • Wrought Iron Fence

Community Details

  • Property has a Home Owners Association
  • City Property Mgnt Association, Phone Number (602) 437-4777
  • Montego Court Condominiums Subdivision

Listing and Financial Details

  • Tax Lot 212
  • Assessor Parcel Number 120-20-120-A

Property Details

Home Type

Condominium

Est. Annual Taxes

$264

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Cross Street: McDowell & 32nd St
  • Legal Info Range: 3E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 141.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1981
  • Tax Year: 2014
  • Directions: North on 32nd Street to Montego Court Condos on west side
  • Attribution Contact: 480-510-4555
  • Property Sub Type: Apartment Style/Flat
  • Lot Size Acres: 0.23
  • Co List Office Mls Id: lgry01
  • Co List Office Phone: 480-510-4555
  • Subdivision Name: MONTEGO COURT CONDOMINIUMS
  • Property Attached Yn: Yes
  • Tax Parcel Letter: A
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 141.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Linoleum
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: No Interior Steps, Full Bth Master Bdrm
  • Living Area: 882.0
  • Stories: 2
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Lot Features: Gravel/Stone Front
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Assigned
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Parking Features:Assigned Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Amenities: Management
  • Association Fee Frequency: Monthly
  • Association Name: Montego Court HOA
  • Phone: 602-437-4777
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 350.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Montego Court HOA
  • Association Fees:HOA Telephone4: 602-437-4777
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: City Property Mgnt
  • 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

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10150.0
  • Parcel #: 120-20-120-A
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 264.0
  • Tax Book Number: 120.00
  • Tax Lot: 212
  • Tax Map Number: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2015
Closed on
Jun 4, 2015
Sold by
Druyon Judy D
Bought by
Mohamed Abdinasir Ali
Seller's Agent
Timothy Schutt
Wrangler Real Estate
Buyer's Agent
Richard Schutt
Wrangler Real Estate
List Price
$42,500
Sold Price
$41,500
Premium/Discount to List
-$1,000
-2.35%
Total Days on Market
12
Current Estimated Value
$232,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,395
Avg. Annual Appreciation
18.89%

Purchase Details

Closed on
Jan 6, 2004
Sold by
Crudder Yolanda D
Bought by
Druyon Judy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,100
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 2003
Sold by
Druyon Larry
Bought by
Druyon Judy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,100
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 1996
Sold by
R P Investments
Bought by
Crudder Yolanda D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,750
Interest Rate
8.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 1995
Sold by
Lindley David
Bought by
Proper Jeffrey M and Proper Penny

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
Mohamed Abdinasir Ali $41,500 Chicago Title Agency Inc
Druyon Judy D $49,000 Title Partners
Druyon Judy D -- Title Partners
Crudder Yolanda D $37,900 Fidelity Title
Proper Jeffrey M -- Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Druyon Judy D $44,100
Previous Owner Druyon Judy D $44,100
Previous Owner Crudder Yolanda D $36,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2015 06/10/15 Sold $41,500 -2.4% $47 / Sq Ft
04/23/2015 04/23/15 Pending -- -- --
04/11/2015 04/11/15 For Sale $42,500 0.0% $48 / Sq Ft
06/01/2014 06/01/14 Rented $500 0.0% --
05/29/2014 05/29/14 Off Market $500 -- --
05/05/2014 05/05/14 For Rent $500 +3.1% --
04/22/2012 04/22/12 Rented $485 0.0% --
04/21/2012 04/21/12 Under Contract -- -- --
03/23/2012 03/23/12 For Rent $485 -- --
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 $377 $2,899 -- --
2024 $373 $2,761 -- --
2023 $373 $10,100 $2,020 $8,080
2022 $358 $6,770 $1,350 $5,420
2021 $367 $5,820 $1,160 $4,660
2020 $358 $5,300 $1,060 $4,240
2019 $393 $4,530 $900 $3,630
2018 $310 $4,150 $830 $3,320
2017 $297 $3,320 $660 $2,660
2016 $285 $3,280 $650 $2,630
2015 $266 $3,800 $760 $3,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5264278

Arizona Regional Multiple Listing Service (ARMLS)

APN: 120-20-120A