$33,100
SOLD JUL 3, 2015
2 Beds
2 Baths
832 Sq Ft
$178/mo HOA Fee

Recently Sold

$40 Per Sq Ft

3% Above List Price

2 Days on Market

Highlights

  • Unit is on the top floor
  • Gated Parking
  • Mountain View
  • Phoenix Coding Academy Rated A
  • Gated Community
  • Community Pool

About This Home

As of June 2020

Great Investor Opportunity! 2 bed / 2 bath upstairs condo. Gated Community with Pool and Kids Play Area. Rents average $550-$600/month. Great Return on Investment! Fantastic central location with easy access to airport, downtown, freeways, restaurants, shopping, and public transportation. Priced to Sell Fast! Sold As-Is.

Last Agent to Sell the Property

Mike Levinson

HomeSmart License #SA645064000 Listed on: 06/18/2015

HomeSmart

Last Buyer's Agent

Debbie Steffanci

Realty ONE Group License #SA642639000

Realty ONE Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $240

Year Built

  • Built in 1972

Lot Details

  • Wrought Iron Fence

HOA Fees

  • $178 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Stucco

Interior Spaces

  • 832 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Mountain Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 1 Open Parking Space
  • Gated Parking
  • Assigned Parking

Location

  • Unit is on the top floor
  • Property is near a bus stop

Schools

  • Griffith Elementary School
  • Papago Middle School
  • Camelback High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Listing and Financial Details

  • Tax Lot B8
  • Assessor Parcel Number 126-06-189

Community Details

Overview

  • Association fees include roof repair, insurance, ground maintenance, street maintenance, trash, roof replacement, maintenance exterior
  • Preferred Communitie Association, Phone Number (480) 649-2017
  • Papago Springs Condominiums Subdivision

Recreation

  • Community Playground
  • Community Pool
  • Bike Trail

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$240

Year Built

Built in 1972

Lot Details

0

HOA Fees

$178 per month

Listing Details

  • Cross Street: 40th Street / McDowell
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 178.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1972
  • Tax Year: 2014
  • Directions: From McDowell, Go North on 40th St, Papago Springs is on the Right. Unit is upstairs on the left, just after going through the gate.
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: PAPAGO SPRINGS CONDOMINIUMS
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 178.0
  • Special Features: None

Interior Features

  • Flooring: Carpet
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: 3/4 Bath Master Bdrm
  • Living Area: 832.0
  • Stories: 2
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Community Features:Gated Community2: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Near Bus Stop: Yes
  • Kitchen Features:None42: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Pool Features: None
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: Neighbor Below
  • Construction Type: Stucco, Frame - Wood
  • Roof: See Remarks
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Assigned, Gated
  • Attached Garage: No
  • Open Parking Spaces: 1.0
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Gated Parking: Yes

Utilities

  • Utilities: Other (See Remarks)
  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Pool, Near Bus Stop, Playground, Biking/Walking Path
  • Amenities: Rental OK (See Rmks)
  • Association Fee: 178.0
  • Association Fee Frequency: Monthly
  • Association Name: Preferred Communitie
  • Phone: 480-649-2017
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Preferred Communitie
  • Association Fees:HOA Telephone4: 480-649-2017
  • 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:Street 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:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Maintenance Grounds, Street Maint, Trash, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Griffith Elementary School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Papago School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 841.0
  • Parcel #: 126-06-189
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 240.0
  • Tax Book Number: 126.00
  • Tax Lot: B8
  • 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
Total Days on Market
2
Current Estimated Value
$171,878

Purchase Details

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

Purchase Details

Closed on
Oct 14, 2021
Sold by
South Chandler Re Llc
Bought by
Gantous Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,075,000
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Mar 29, 2020
Closed on
Jul 1, 2020
Sold by
Salem John
Bought by
South Chandler Re Llc
Seller's Agent
Jason Ngo
HomeSmart
Buyer's Agent
Jon Beydler
Citypoint Arizona LLC
List Price
$119,900
Sold Price
$90,000
Premium/Discount to List
-$29,900
-24.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.87%
Original Mortgage
$150,000
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 29, 2020
Closed on
Jun 10, 2020
Sold by
Salem Jennyline
Bought by
Salem John
Seller's Agent
Jason Ngo
HomeSmart
Buyer's Agent
Jon Beydler
Citypoint Arizona LLC
List Price
$119,900
Sold Price
$90,000
Premium/Discount to List
-$29,900
-24.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 29, 2020
Closed on
Jun 9, 2020
Sold by
Ttn Properties Llc
Bought by
Salem John
Seller's Agent
Jason Ngo
HomeSmart
Buyer's Agent
Jon Beydler
Citypoint Arizona LLC
List Price
$119,900
Sold Price
$90,000
Premium/Discount to List
-$29,900
-24.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 23, 2015
Sold by
Ngo Tien
Bought by
Ttn Properties Llc

Purchase Details

Listed on
Jun 18, 2015
Closed on
Aug 5, 2015
Sold by
Bilisari Lionel
Bought by
Ngo Tien
Seller's Agent
Mike Levinson
HomeSmart
Buyer's Agent
Debbie Steffanci
Realty ONE Group
List Price
$32,000
Sold Price
$33,100
Premium/Discount to List
$1,100
3.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.04%

Purchase Details

Listed on
Jun 18, 2015
Closed on
Jun 22, 2015
Sold by
Weiss Shirley
Bought by
Bilisari Lionel and Bilisari Joelle
Seller's Agent
Mike Levinson
HomeSmart
Buyer's Agent
Debbie Steffanci
Realty ONE Group
List Price
$32,000
Sold Price
$33,100
Premium/Discount to List
$1,100
3.44%

Purchase Details

Closed on
Apr 27, 2009
Sold by
Weiss Shirley
Bought by
Booth Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,900
Interest Rate
4.8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 29, 2006
Sold by
New Rpi Iii Llc
Bought by
Allen Weiss Profit Sharing Plan

Purchase Details

Closed on
Jan 10, 2005
Sold by
New Papago Springs Condominium Llc
Bought by
Right Place Investments Llp
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
Interfamily Deed Transfer -- Driggs Title Agency Inc
Warranty Deed $150,000 None Available
Interfamily Deed Transfer -- Pioneer Title Agency Inc
Warranty Deed $90,000 Pioneer Title Agency Inc
Quit Claim Deed -- None Available
Cash Sale Deed $43,000 Driggs Title Agency Inc
Cash Sale Deed $33,100 First American Title Ins Co
Warranty Deed $49,900 Stewart Title & Trust Of Pho
Cash Sale Deed $105,000 Title Guaranty Agency Of Az
Special Warranty Deed $753,195 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $6,075,000 Future Advance Clause Open End Mortgage
Previous Owner $150,000 Commercial
Previous Owner $45,900 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2020 06/12/20 Sold $90,000 -24.9% $108 / Sq Ft
06/03/2020 06/03/20 Pending -- -- --
05/07/2020 05/07/20 For Sale $119,900 0.0% $144 / Sq Ft
04/03/2020 04/03/20 Pending -- -- --
03/29/2020 03/29/20 For Sale $119,900 0.0% $144 / Sq Ft
03/01/2017 03/01/17 Rented $725 0.0% --
02/08/2017 02/08/17 For Rent $725 0.0% --
07/03/2015 07/03/15 Sold $33,100 +3.4% $40 / Sq Ft
06/20/2015 06/20/15 Pending -- -- --
06/18/2015 06/18/15 For Sale $32,000 -- $38 / 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 $281 $3,350 $670 $2,680
2015 $265 $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: 5295996

Arizona Regional Multiple Listing Service (ARMLS)

APN: 126-06-189