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18202 N Cave Creek Rd Unit 222 Phoenix, AZ 85032
Paradise Valley NeighborhoodEstimated Value: $110,000 - $148,000
2
Beds
2
Baths
836
Sq Ft
$266/mo
HOA Fee
Highlights
- Unit is on the top floor
- Breakfast Bar
- Property is near a bus stop
- Community Pool
- No Interior Steps
- Laundry Facilities
About This Home
As of December 2019LUCRATIVE CASH FLOW OPPORTUNITY. Two bedroom two bath condo in up and coming development. Complex has new paint, newer parking lot, window screens and resurfaced pool. Current rents are about $800 per month which yields about a 9% cash flow after expenses. Unit has new interior paint, laminate bedroom floors, new blinds, and repainted cabinets. Water heater changed in 2018 with a warranty. Nice area on Cave Creek Rd near Union Hills. Close to shopping, the 101 and public transportation. Owner Agent
Last Agent to Sell the Property
West USA Realty License #SA516836000 Listed on: 12/09/2019
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $239
Year Built
- Built in 1983
HOA Fees
- $266 Monthly HOA Fees
Parking
- Unassigned Parking
Home Design
- Wood Frame Construction
- Stucco
Interior Spaces
- 836 Sq Ft Home
- 2-Story Property
- Laminate Flooring
- Breakfast Bar
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Location
- Unit is on the top floor
- Property is near a bus stop
Schools
- Foothills Elementary School - Phoenix
- Explorer Middle School
- Paradise Valley High School
Utilities
- Refrigerated Cooling System
- Heating Available
- High Speed Internet
- Cable TV Available
Additional Features
- No Interior Steps
- Desert faces the front of the property
Listing and Financial Details
- Tax Lot 222
- Assessor Parcel Number 214-07-126
Community Details
Overview
- Association fees include roof repair, trash, water, roof replacement, maintenance exterior
- Peterson Company Association, Phone Number (480) 513-6846
- Mountain Springs Terrace Condominium Subdivision
Amenities
- Laundry Facilities
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 9, 2019
Closed on
Dec 13, 2019
Sold by
Meronk Ronald
Bought by
Munoz Alejandro Amaro
Seller's Agent
Ronald Meronk
West USA Realty
Buyer's Agent
John Tamayo
My Home Group Real Estate
List Price
$67,000
Sold Price
$65,000
Premium/Discount to List
-$2,000
-2.99%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,873
Avg. Annual Appreciation
14.04%
Purchase Details
Listed on
Sep 21, 2017
Closed on
Oct 3, 2017
Sold by
Harrison William J and Harrison Melinda E
Bought by
Meronk Ronald
Seller's Agent
Brenda Reed
Lake Pleasant Real Estate
Buyer's Agent
Ronald Meronk
West USA Realty
List Price
$49,500
Sold Price
$48,000
Premium/Discount to List
-$1,500
-3.03%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.70%
Purchase Details
Listed on
Apr 27, 2017
Closed on
Jun 26, 2017
Sold by
Lovett Jeremy
Bought by
Harrison William J and Harrison Melinda E
Seller's Agent
Diana Creason
Sundial Real Estate
Buyer's Agent
Brenda Reed
Lake Pleasant Real Estate
List Price
$46,500
Sold Price
$40,000
Premium/Discount to List
-$6,500
-13.98%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
91.77%
Purchase Details
Listed on
Feb 2, 2015
Closed on
Jun 4, 2015
Sold by
Jenkmanc Property Group Llc
Bought by
Lovett Jeremy
Seller's Agent
Pat Hune
1st Southwest Realty, LLC
Buyer's Agent
Juan Mojica
eXp Realty
List Price
$36,900
Sold Price
$34,000
Premium/Discount to List
-$2,900
-7.86%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.29%
Purchase Details
Listed on
Feb 2, 2015
Closed on
May 21, 2015
Sold by
Lovett Catherine
Bought by
Lovett Jeremy
Seller's Agent
Pat Hune
1st Southwest Realty, LLC
Buyer's Agent
Juan Mojica
eXp Realty
List Price
$36,900
Sold Price
$34,000
Premium/Discount to List
-$2,900
-7.86%
Purchase Details
Listed on
Sep 1, 2011
Closed on
May 16, 2012
Sold by
E Investment Properties Inc
Bought by
Jenkmac Property Group Llc
Seller's Agent
Rusty Davis
Russ Lyon Sotheby's International Realty
Buyer's Agent
Theodore Sitek
Wise Choice Properties
List Price
$23,900
Sold Price
$21,900
Premium/Discount to List
-$2,000
-8.37%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.79%
Purchase Details
Listed on
Sep 1, 2011
Closed on
Mar 28, 2012
Sold by
18202 Cave Creek 222 Llc
Bought by
E Investment Properties Inc
Seller's Agent
Rusty Davis
Russ Lyon Sotheby's International Realty
Buyer's Agent
Theodore Sitek
Wise Choice Properties
List Price
$23,900
Sold Price
$21,900
Premium/Discount to List
-$2,000
-8.37%
Purchase Details
Closed on
Jan 26, 2011
Sold by
Gray Benjamin
Bought by
18202 Cave Creek 222 Llc
Purchase Details
Closed on
Apr 23, 2010
Sold by
G8 Capital Fund V Llc
Bought by
Gray Benjamin
Purchase Details
Closed on
Sep 22, 2009
Sold by
Hurley Kathleen J
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Feb 5, 2007
Sold by
New Mountain Springs Terrace Condo Llc
Bought by
Hurley Kathleen J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,850
Interest Rate
7.12%
Mortgage Type
New Conventional
Similar Homes in Phoenix, AZ
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Munoz Alejandro Amaro | $65,000 | Clear Title Agency Of Az | |
| Meronk Ronald | $48,000 | First American Title Insuran | |
| Harrison William J | $40,000 | Fidelity National Title Agen | |
| Lovett Jeremy | $34,000 | First American Title Ins Co | |
| Lovett Jeremy | -- | First American Title Ins Co | |
| Jenkmac Property Group Llc | $27,900 | Fidelity National Title Agen | |
| E Investment Properties Inc | $21,900 | Fidelity Natl Title Agency I | |
| 18202 Cave Creek 222 Llc | -- | Fidelity Natl Title Agency I | |
| 18202 Cave Creek 222 Llc | -- | Lawyers Title Of Arizona Inc | |
| Gray Benjamin | $18,000 | Lawyers Title Of Arizona Inc | |
| Federal National Mortgage Association | $67,444 | First American Title | |
| Hurley Kathleen J | $552,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Hurley Kathleen J | $62,850 | |
| Previous Owner | Hurley Kathleen J | $62,850 | |
| Previous Owner | New Mountain Springs Terrace Llc | $344,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/23/2019 12/23/19 | Sold | $65,000 | -3.0% | $78 / Sq Ft |
| 12/09/2019 12/09/19 | For Sale | $67,000 | +39.6% | $80 / Sq Ft |
| 10/09/2017 10/09/17 | Sold | $48,000 | -3.0% | $57 / Sq Ft |
| 09/22/2017 09/22/17 | Pending | -- | -- | -- |
| 09/20/2017 09/20/17 | For Sale | $49,500 | +23.8% | $59 / Sq Ft |
| 06/30/2017 06/30/17 | Sold | $40,000 | -14.0% | $48 / Sq Ft |
| 06/01/2017 06/01/17 | Pending | -- | -- | -- |
| 04/26/2017 04/26/17 | For Sale | $46,500 | +36.8% | $56 / Sq Ft |
| 06/15/2015 06/15/15 | Sold | $34,000 | -7.9% | $41 / Sq Ft |
| 05/20/2015 05/20/15 | Pending | -- | -- | -- |
| 05/18/2015 05/18/15 | For Sale | $36,900 | 0.0% | $44 / Sq Ft |
| 05/14/2015 05/14/15 | Pending | -- | -- | -- |
| 03/30/2015 03/30/15 | Price Changed | $36,900 | -7.5% | $44 / Sq Ft |
| 02/02/2015 02/02/15 | For Sale | $39,900 | +33.0% | $48 / Sq Ft |
| 03/18/2014 03/18/14 | Sold | $30,000 | -14.3% | $36 / Sq Ft |
| 02/19/2014 02/19/14 | Pending | -- | -- | -- |
| 12/20/2013 12/20/13 | Price Changed | $35,000 | -12.3% | $42 / Sq Ft |
| 08/08/2013 08/08/13 | For Sale | $39,900 | +82.2% | $48 / Sq Ft |
| 04/05/2012 04/05/12 | Sold | $21,900 | 0.0% | $26 / Sq Ft |
| 02/27/2012 02/27/12 | Pending | -- | -- | -- |
| 02/27/2012 02/27/12 | Price Changed | $21,900 | -2.2% | $26 / Sq Ft |
| 01/22/2012 01/22/12 | Price Changed | $22,400 | -2.2% | $27 / Sq Ft |
| 12/27/2011 12/27/11 | Price Changed | $22,900 | -4.2% | $27 / Sq Ft |
| 12/04/2011 12/04/11 | Price Changed | $23,900 | 0.0% | $29 / Sq Ft |
| 12/02/2011 12/02/11 | For Sale | $23,900 | +9.1% | $29 / Sq Ft |
| 10/06/2011 10/06/11 | Off Market | $21,900 | -- | -- |
| 09/01/2011 09/01/11 | For Sale | $24,900 | -- | $30 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $253 | $2,540 | -- | -- |
| 2024 | $248 | $2,419 | -- | -- |
| 2023 | $248 | $8,410 | $1,680 | $6,730 |
| 2022 | $245 | $6,020 | $1,200 | $4,820 |
| 2021 | $246 | $5,470 | $1,090 | $4,380 |
| 2020 | $238 | $5,280 | $1,050 | $4,230 |
| 2019 | $239 | $4,900 | $980 | $3,920 |
| 2018 | $231 | $3,850 | $770 | $3,080 |
| 2017 | $221 | $3,130 | $620 | $2,510 |
| 2016 | $217 | $2,880 | $570 | $2,310 |
| 2015 | $201 | $2,150 | $430 | $1,720 |
Source: Public Records
Agents Affiliated with this Home
-
Ronald Meronk
R
Seller's Agent in 2019
Ronald Meronk
West USA Realty
(480) 209-7344
1 in this area
13 Total Sales
-
John Tamayo
Buyer's Agent in 2019
John Tamayo
My Home Group
(623) 986-4200
1 in this area
259 Total Sales
-
Brenda Reed
Seller's Agent in 2017
Brenda Reed
Lake Pleasant Real Estate
(602) 909-4405
137 Total Sales
-
Diana Creason
D
Seller's Agent in 2017
Diana Creason
Sundial Real Estate
(480) 966-2170
1 in this area
13 Total Sales
-
Pat Hune
Seller's Agent in 2015
Pat Hune
1st Southwest Realty, LLC
(480) 703-1976
1 in this area
65 Total Sales
-
Juan Mojica
Buyer's Agent in 2015
Juan Mojica
eXp Realty
(602) 687-0628
25 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6012927
APN: 214-07-126
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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