$36,000
SOLD OCT 30, 2013
2 Beds
2 Baths
832 Sq Ft
$158/mo HOA Fee

Recently Sold

$43 Per Sq Ft

45% Below List Price

38 Days on Market

Highlights

  • Gated Community
  • Community Pool
  • Heating Available
  • Phoenix Coding Academy Rated A
  • Eat-In Kitchen

About This Home

As of September 2017

Gorgeous Condo in the heart of Phoenix--Close to shopping, bus routes, freeway, light rail, and airport! Located in Phoenix's 85008 at 40th St and McDowell. This home has little maintenance since the HOA handles it all--Gated community! The home has two bed, 1.75 bath. The interior of the home features an eat in kitchen , family room, inside laundry, and fridge. Community pool steps from the condo!

Last Agent to Sell the Property

Jennie Miller PLLC

Market Edge Realty, LLC License #BR638404000 Listed on: 09/03/2013

Last Buyer's Agent

Sharone Cohen

Real Broker License #BR634641000

Real Broker

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $228

Year Built

  • Built in 1972

Lot Details

  • Block Wall Fence

HOA Fees

  • $158 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 832 Sq Ft Home
  • 2-Story Property
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 1 Carport Space
  • Assigned Parking
  • Unassigned Parking

Schools

  • Griffith Elementary Middle School
  • Papago High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Listing and Financial Details

  • Tax Lot C5
  • Assessor Parcel Number 126-06-202

Community Details

Overview

  • Association fees include ground maintenance
  • Preferredcommunities Association, Phone Number (480) 649-2017
  • Papago Springs Condominiums Subdivision

Recreation

  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$228

Year Built

Built in 1972

Lot Details

0

HOA Fees

$158 per month

Listing Details

  • Cross Street: 40th St./McDowell
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 157.5
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Year Built: 1972
  • Tax Year: 2012
  • Directions: NORTH on 40th St. from McDowell. Turn EAST into complex and continue to Unit C5.
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: Papago Springs Condominiums
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 157.5
  • Special Features: None

Interior Features

  • Basement: None
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, 3/4 Bath Master Bdrm
  • Living Area: 832.0
  • Stories: 2
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Community Features:Gated Community2: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Frame - Wood
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes

Garage/Parking

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

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Pool
  • Amenities: Management
  • Association Fee: 157.5
  • Association Fee Frequency: Monthly
  • Association Name: PreferredCommunities
  • Phone: 480-649-2017
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: PreferredCommunities
  • 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_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 833.0
  • Parcel #: 126-06-202
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 228.0
  • Tax Book Number: 126.00
  • Tax Lot: C5
  • 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
$181,139

Purchase Details

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

Purchase Details

Listed on
Aug 17, 2017
Closed on
Sep 11, 2017
Sold by
Zarchi Ram
Bought by
Gantous Investments Llc
Seller's Agent
Kyle Bates
Real Broker
Buyer's Agent
Talia Howard
My Home Group Real Estate
List Price
$50,000
Sold Price
$53,000
Premium/Discount to List
$3,000
6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.49%

Purchase Details

Listed on
Sep 3, 2013
Closed on
Oct 23, 2013
Sold by
Tenn Jacqueline Marie Hewitt
Bought by
Zarchi Ram
Seller's Agent
Jennie Miller PLLC
Market Edge Realty, LLC
Buyer's Agent
Sharone Cohen
Real Broker
List Price
$65,000
Sold Price
$36,000
Premium/Discount to List
-$29,000
-44.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.48%

Purchase Details

Closed on
Dec 7, 2011
Sold by
Sevilla Mikel
Bought by
Ted Sitek P C

Purchase Details

Closed on
Dec 5, 2011
Sold by
Phoenix Equity Properties Inc
Bought by
Tenn Jacqueline Marie Hewitt

Purchase Details

Closed on
Sep 23, 2011
Sold by
Ringus Carol
Bought by
Sevilla Mikel and Ringus 40Th C5 Trust

Purchase Details

Closed on
Feb 13, 2008
Sold by
New Papago Springs Condominium Llc
Bought by
Ringus Carol

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
5.64%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 $53,000 Magnus Title Agency
Cash Sale Deed $34,000 Sterling Title Agency Llc
Cash Sale Deed $22,000 American Title Service Agenc
Cash Sale Deed $48,000 Security Title Agency
Special Warranty Deed -- Security Title Agency
Warranty Deed -- Accommodation
Special Warranty Deed $135,900 The Talon Group
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $95,130 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2017 09/15/17 Sold $53,000 +6.0% $64 / Sq Ft
08/23/2017 08/23/17 Pending -- -- --
08/17/2017 08/17/17 For Sale $50,000 +38.9% $60 / Sq Ft
10/30/2013 10/30/13 Sold $36,000 0.0% $43 / Sq Ft
10/11/2013 10/11/13 Pending -- -- --
10/10/2013 10/10/13 Price Changed $36,000 -28.0% $43 / Sq Ft
10/02/2013 10/02/13 Price Changed $50,000 -9.1% $60 / Sq Ft
09/23/2013 09/23/13 Price Changed $55,000 -15.4% $66 / Sq Ft
09/03/2013 09/03/13 For Sale $65,000 -- $78 / 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: 4992815

Arizona Regional Multiple Listing Service (ARMLS)

APN: 126-06-202