$37,000
SOLD MAY 8, 2015
2 Beds
2 Baths
832 Sq Ft
$178/mo HOA Fee

Recently Sold

$44 Per Sq Ft

5% Below List Price

54 Days on Market

Highlights

  • Gated Parking
  • Gated Community
  • Community Pool
  • Phoenix Coding Academy Rated A
  • Property is near public transit
  • Eat-In Kitchen

About This Home

As of October 2015

Beautiful property in gated community in Phoenix, with upgraded appliances and washer and dryer included. UNIT RENTS FOR $595/month. Great INVESTMENT opportunity, with tenants built in, and a good monthly rent income.
SELLER HAS 4 UNITS FOR SALE, WILLING TO DO A PACKAGE SALE OF MULTIPLE UNITS.

Last Agent to Sell the Property

zach blauvelt

My Home Group Real Estate License #BR652152000 Listed on: 02/18/2015

My Home Group Real Estate

Last Buyer's Agent

Cari Gililland

Keller Williams Integrity First License #BR538337000

Keller Williams Integrity First

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $237

Year Built

  • Built in 1972

Lot Details

  • Wrought Iron Fence
  • Grass Covered Lot

HOA Fees

  • $178 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 832 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Solar Screens
  • Eat-In Kitchen

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 1 Carport Space
  • Gated Parking
  • Assigned Parking

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Orangedale Junior High Prep Academy
  • Camelback High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot E5
  • Assessor Parcel Number 126-06-216

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, ground maintenance, street maintenance, front yard maint
  • Preferredcommunities Association, Phone Number (480) 649-2017
  • Papago Springs Subdivision

Recreation

  • Community Pool
  • Bike Trail

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$237

Year Built

Built in 1972

Lot Details

0

HOA Fees

$178 per month

Listing Details

  • Cross Street: McDowell and 40th Street
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Condominium
  • 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
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1972
  • Tax Year: 2013
  • Directions: Go north on 40th Street, north of the Red Mtn 202, just north of McDowell, to property located on east side of the road.
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.06
  • Subdivision Name: Papago Springs
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 178.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Linoleum
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, 3/4 Bath Master Bdrm
  • Living Area: 832.0
  • Stories: 2
  • Window Features: Solar Screens
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Community Features:BikingWalking Path: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Lot Features: Grass Front
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Gated, Assigned
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Gated2: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated, Community Pool, Near Light Rail Stop, Near Bus Stop, Biking/Walking Path
  • Association Fee: 178.0
  • 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: 200.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: PreferredCommunities
  • Association Fees:HOA Telephone4: 4806492017
  • 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:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Sewer6: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Maintenance Grounds, Street Maint, Front Yard Maint

Schools

  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Orangedale Junior High Prep Academy

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2520.0
  • Parcel #: 126-06-216

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 237.0
  • Tax Book Number: 126.00
  • Tax Lot: E5
  • 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
$151,404

Purchase Details

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

Purchase Details

Listed on
Sep 12, 2015
Closed on
Oct 14, 2015
Sold by
Livres Inc
Bought by
Gantous Investments Llc
Seller's Agent
Cari Gililland
Keller Williams Integrity First
Buyer's Agent
Jon Beydler
Citypoint Arizona LLC
List Price
$42,000
Sold Price
$36,000
Premium/Discount to List
-$6,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.40%

Purchase Details

Listed on
Feb 18, 2015
Closed on
May 8, 2015
Sold by
John & Vince Properties Llc
Bought by
Livres Inc
Seller's Agent
zach blauvelt
My Home Group Real Estate
Buyer's Agent
Cari Gililland
Keller Williams Integrity First
List Price
$39,000
Sold Price
$37,000
Premium/Discount to List
-$2,000
-5.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.78%

Purchase Details

Listed on
Nov 30, 2012
Closed on
Jul 23, 2013
Sold by
Traw Lenny
Bought by
John & Vince Properties Llc
Seller's Agent
Sarah Kelley
RD Bradshaw Group LLC
Buyer's Agent
Terry Stanbery
Terren Realty
List Price
$45,000
Sold Price
$33,500
Premium/Discount to List
-$11,500
-25.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.74%

Purchase Details

Listed on
Nov 30, 2012
Closed on
Jul 22, 2013
Sold by
Arroaz Llc
Bought by
Traw Lenny
Seller's Agent
Sarah Kelley
RD Bradshaw Group LLC
Buyer's Agent
Terry Stanbery
Terren Realty
List Price
$45,000
Sold Price
$33,500
Premium/Discount to List
-$11,500
-25.56%

Purchase Details

Closed on
Dec 15, 2011
Sold by
Ted Sitek Pc
Bought by
Arroaz Llc

Purchase Details

Closed on
Dec 14, 2011
Sold by
Friedman David
Bought by
Ted Sitek Pc

Purchase Details

Closed on
Apr 7, 2008
Sold by
New Papago Springs Condominium Llc
Bought by
Friedman David and Friedman Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,720
Interest Rate
5.81%
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
Cash Sale Deed $40,000 First American Title Ins Co
Cash Sale Deed $37,000 Security Title Agency Inc
Cash Sale Deed $300,000 Security Title Agency
Cash Sale Deed $268,000 Security Title Agency
Cash Sale Deed $84,000 Fidelity Natl Title Agency I
Cash Sale Deed $23,000 Chicago Title Agency Inc
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 $108,720 New Conventional
Previous Owner $189,400 Unknown
Previous Owner $71,250 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2015 10/23/15 Sold $36,000 -14.3% $43 / Sq Ft
10/13/2015 10/13/15 Pending -- -- --
09/12/2015 09/12/15 For Sale $42,000 +13.5% $50 / Sq Ft
05/08/2015 05/08/15 Sold $37,000 -5.1% $44 / Sq Ft
04/13/2015 04/13/15 Pending -- -- --
04/01/2015 04/01/15 For Sale $39,000 0.0% $47 / Sq Ft
04/01/2015 04/01/15 Price Changed $39,000 0.0% $47 / Sq Ft
03/11/2015 03/11/15 Pending -- -- --
02/18/2015 02/18/15 For Sale $39,000 +16.4% $47 / Sq Ft
07/26/2013 07/26/13 Sold $33,500 -16.3% $40 / Sq Ft
07/09/2013 07/09/13 Pending -- -- --
05/15/2013 05/15/13 Price Changed $40,000 -11.1% $48 / Sq Ft
04/18/2013 04/18/13 For Sale $45,000 +34.3% $54 / Sq Ft
04/17/2013 04/17/13 Off Market $33,500 -- --
02/05/2013 02/05/13 For Sale $45,000 0.0% $54 / Sq Ft
02/04/2013 02/04/13 Pending -- -- --
11/30/2012 11/30/12 For Sale $45,000 -- $54 / 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: 5238399

Arizona Regional Multiple Listing Service (ARMLS)

APN: 126-06-216