$32,500
SOLD DEC 5, 2014
2 Beds
2 Baths
832 Sq Ft
871 Sq Ft Lot

Recently Sold

$39 Per Sq Ft

19% Below List Price

75 Days on Market

Highlights

  • Gated Community
  • Heated Community Pool
  • No Interior Steps
  • Phoenix Coding Academy Rated A
  • Eat-In Kitchen
  • Property is near a bus stop

About This Home

As of October 2017

Attention Investors: Tenant in place until 12/9/14 at $600/MO--tenant may want to renew lease. Renovated kitchen with newer cabinetry and stainless steel appliances--other than needing some new carpeting, unit is in good shape. There is room to add a stacked washer/dryer in the master bathroom. Papago Springs is ideally situated near all major freeways, bus routes and light rail--perfect for your tenants. Community features secure, gated entrance, pool, BBQ grills and play area.

Last Agent to Sell the Property

Jay Martinez

Luxe Real Estate Group License #BR107652000 Listed on: 09/17/2014

Last Buyer's Agent

Linda Gerchick

Gerchick Real Estate License #BR114848000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $236

Year Built

  • Built in 1972

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 832 Sq Ft Home
  • 2-Story Property

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • Assigned Parking
  • Unassigned Parking

Location

  • Unit is below another unit
  • Property is near a bus stop

Schools

  • Griffith Elementary Middle School
  • Papago High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Two or More Common Walls

Listing and Financial Details

  • Tax Lot B13
  • Assessor Parcel Number 126-06-194

Community Details

Overview

  • Property has a Home Owners Association
  • Preferred Comm. Association, Phone Number (480) 649-2017
  • Papago Springs Subdivision

Recreation

  • Heated Community Pool

Additional Features

  • Laundry Facilities
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$236

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Cross Street: 40th Street & McDowell RD
  • Legal Info Range: 4E
  • Property Type: Residential
  • Association Fees Community Facilities District: N
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 175.0
  • Basement: N
  • Separate Den Office Sep Den Office: N
  • Year Built: 1972
  • Tax Year: 2013
  • Directions: From McDowell RD go (N) on 40th ST to community on East side.
  • Property Sub Type: Apartment Style/Flat
  • Lot Size Acres: 0.02
  • Subdivision Name: Papago Springs
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 175.0
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, No Interior Steps, 3/4 Bath Master Bdrm, High Speed Internet
  • Living Area: 832.0
  • Stories: 2
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Community Laundry: Yes
  • Kitchen Features:Cook Top Elec: Yes

Exterior Features

  • Fencing: None
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Common Walls: Two Common Walls, Neighbor Above
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Assigned, Unassigned
  • Attached Garage: No
  • Parking Features:Unassigned Parking: Yes
  • Parking Features:Assigned Parking: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Other, See Remarks
  • Security: Gated Community
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop, Community Laundry, Pool
  • Amenities: Management
  • Association Fee Frequency: Monthly
  • Association Name: Preferred Comm.
  • Phone: 480-649-2017
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 270.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Preferred Comm.
  • Association Fees:HOA Telephone4: 480-649-2017
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: 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

  • High School: Papago School
  • Middle Or Junior School: Griffith Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 841.0
  • Parcel #: 126-06-194
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 236.0
  • Tax Book Number: 126.00
  • Tax Lot: B13
  • Tax Map Number: 6.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2024
Sold by
Salem J Enterprises Llc
Bought by
Gantous Investments Llc
Current Estimated Value
$160,445

Purchase Details

Closed on
Nov 13, 2023
Sold by
Gantous Investments Llc
Bought by
Salem J Enterprises Llc

Purchase Details

Listed on
Sep 22, 2017
Closed on
Sep 28, 2017
Sold by
Papago Az Properties Lllp
Bought by
Gantous Investments Llc
Seller's Agent
Diana Creason
Sundial Real Estate
Buyer's Agent
Jon Beydler
Citypoint Arizona LLC
List Price
$77,700
Sold Price
$64,000
Premium/Discount to List
-$13,700
-17.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.56%

Purchase Details

Listed on
Sep 17, 2014
Closed on
Dec 4, 2014
Sold by
Lupien Maleka
Bought by
Papago Az Properties Lllp
Seller's Agent
Jay Martinez
Luxe Real Estate Group
Buyer's Agent
Linda Gerchick
Gerchick Real Estate
List Price
$39,900
Sold Price
$32,500
Premium/Discount to List
-$7,400
-18.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.95%

Purchase Details

Listed on
Mar 18, 2014
Closed on
Apr 18, 2014
Sold by
Ocean Pier Az Llc
Bought by
Lupien Maleka
Seller's Agent
Kelly Noble
Imperial Residential Holdings,LLC
Buyer's Agent
Paul Reynolds
Apartment Finders
List Price
$39,500
Sold Price
$37,000
Premium/Discount to List
-$2,500
-6.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-19.15%

Purchase Details

Closed on
Dec 4, 2013
Sold by
Ocean Pier Llc
Bought by
Ocean Pier Az Llc

Purchase Details

Closed on
Nov 1, 2010
Sold by
Cummings Paget Lucille N
Bought by
Ocean Pier Llc

Purchase Details

Closed on
Oct 7, 2008
Sold by
Cummings Paget Lucille N
Bought by
The Cummings Paget Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,130
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2008
Sold by
New Papago Springs Condominium Llc
Bought by
Cummings Paget Lucille N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,130
Interest Rate
6.49%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $128,000 Driggs Title Agency Inc
Cash Sale Deed $65,000 Empire West Title Agency
Cash Sale Deed $37,000 First American Title Ins Co
Quit Claim Deed -- None Available
Trustee Deed $19,200 None Available
Interfamily Deed Transfer -- None Available
Special Warranty Deed $135,900 The Talon Group
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,700,000 Future Advance Clause Open End Mortgage
Previous Owner $95,130 New Conventional
Previous Owner $94,700 Unknown
Previous Owner $70,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2017 10/06/17 Sold $64,000 -17.6% $77 / Sq Ft
09/26/2017 09/26/17 Pending -- -- --
09/22/2017 09/22/17 For Sale $77,700 +139.1% $93 / Sq Ft
12/05/2014 12/05/14 Sold $32,500 -5.8% $39 / Sq Ft
12/01/2014 12/01/14 Pending -- -- --
11/20/2014 11/20/14 Price Changed $34,500 -5.2% $41 / Sq Ft
11/11/2014 11/11/14 Price Changed $36,400 -1.4% $44 / Sq Ft
11/03/2014 11/03/14 Price Changed $36,900 -1.3% $44 / Sq Ft
10/29/2014 10/29/14 Price Changed $37,400 -1.3% $45 / Sq Ft
10/20/2014 10/20/14 Price Changed $37,900 -1.3% $46 / Sq Ft
10/14/2014 10/14/14 Price Changed $38,400 -1.3% $46 / Sq Ft
10/06/2014 10/06/14 Price Changed $38,900 -1.3% $47 / Sq Ft
09/28/2014 09/28/14 Price Changed $39,400 -1.3% $47 / Sq Ft
09/17/2014 09/17/14 For Sale $39,900 +7.8% $48 / Sq Ft
04/25/2014 04/25/14 Sold $37,000 -3.9% $44 / Sq Ft
04/21/2014 04/21/14 Pending -- -- --
04/01/2014 04/01/14 Price Changed $38,500 -2.5% $46 / Sq Ft
03/17/2014 03/17/14 For Sale $39,500 -- $47 / 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 $384 $3,198 -- --
2024 $381 $3,046 -- --
2023 $381 $9,520 $1,900 $7,620
2022 $367 $6,820 $1,360 $5,460
2021 $373 $5,530 $1,100 $4,430
2020 $366 $4,650 $930 $3,720
2019 $365 $4,220 $840 $3,380
2018 $343 $3,810 $760 $3,050
2017 $329 $3,460 $690 $2,770
2016 $322 $3,350 $670 $2,680
2015 $302 $3,020 $600 $2,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5172809

Arizona Regional Multiple Listing Service (ARMLS)

APN: 126-06-194