$48,000
SOLD OCT 9, 2017

18202 N Cave Creek Rd Unit 222 Phoenix, AZ 85032

Paradise Valley Neighborhood
2 Beds
2 Baths
836 Sq Ft
1983 Built

Recently Sold

$57 Per Sq Ft

3% Below List Price

2 Days on Market

Highlights

  • Unit is on the top floor
  • Breakfast Bar
  • Property is near a bus stop
  • Heated Community Pool
  • No Interior Steps
  • Laundry Facilities

About This Home

As of December 2019

Great Investment Property!!! Clean 2 Bedroom 2 Bath Condo. New Paint, Wood-like Vinyl Flooring in Main Living Areas, and Newer Carpet in the 2 Bedrooms. Open Kitchen with Family Room and Breakfast Room. Close access to Loop 101 and Desert Redge area. Turn Key Ready.

Last Agent to Sell the Property

Brenda Reed

Lake Pleasant Real Estate License #BR642839000 Listed on: 09/21/2017

Last Buyer's Agent

Ronald Meronk

West USA Realty License #SA516836000

West USA Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $217

Year Built

  • Built in 1983

Lot Details

  • Desert faces the front of the property
  • Two or More Common Walls

Parking

  • Unassigned Parking

Home Design

  • Wood Frame Construction
  • Stucco

Interior Spaces

  • 836 Sq Ft Home
  • 2-Story Property

Kitchen

  • Breakfast Bar
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Accessible Home Design

  • No Interior Steps

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

Listing and Financial Details

  • Tax Lot 222
  • Assessor Parcel Number 214-07-126

Community Details

Overview

  • Property has a Home Owners Association
  • Peterson Company Association, Phone Number (480) 513-6846
  • Mountain Springs Terrace Condominium Subdivision

Amenities

  • Laundry Facilities
  • No Laundry Facilities

Recreation

  • Heated Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$217

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Cross Street: Cave Creek & Union Hills
  • Legal Info Range: 3E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 177.45
  • Basement: N
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2016
  • Separate Den Office Sep Den Office: N
  • Year Built: 1983
  • Tax Year: 2016
  • Directions: Just South of Union Hills on Cave Creek Rd. Community is on the West side of the street. The unit is located at the top north east corner of the property.
  • Property Sub Type: Apartment Style/Flat
  • Subdivision Name: MOUNTAIN SPRINGS TERRACE CONDOMINIUM
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 177.45
  • Dining Area:Breakfast Bar: Yes
  • 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: Breakfast Bar, No Interior Steps, High Speed Internet
  • Living Area: 836.0
  • Stories: 2
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Community Laundry: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Desert Front
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: Two Common Walls, Neighbor Below
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Rolled/Hot Mop
  • Construction:Frame - Wood: Yes

Garage/Parking

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

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: None
  • 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: Peterson Company
  • Phone: 480-513-6846
  • 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: Peterson Company
  • Association Fees:HOA Telephone4: 4805136846
  • 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:Exterior Mnt of Unit: 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

  • Elementary School: Foothills Elementary School - Phoenix
  • High School: Paradise Valley High School
  • Middle Or Junior School: Explorer Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 84.0
  • Parcel #: 214-07-126
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 217.0
  • Tax Book Number: 214.00
  • Tax Lot: 222
  • Tax Map Number: 7.00

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
$133,873

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
13.74%

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
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 $65,000 Clear Title Agency Of Az
Warranty Deed $48,000 First American Title Insuran
Warranty Deed $40,000 Fidelity National Title Agen
Cash Sale Deed $34,000 First American Title Ins Co
Interfamily Deed Transfer -- First American Title Ins Co
Cash Sale Deed $27,900 Fidelity National Title Agen
Cash Sale Deed $21,900 Fidelity Natl Title Agency I
Special Warranty Deed -- Fidelity Natl Title Agency I
Quit Claim Deed -- Lawyers Title Of Arizona Inc
Cash Sale Deed $18,000 Lawyers Title Of Arizona Inc
Trustee Deed $67,444 First American Title
Special Warranty Deed $552,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $62,850 New Conventional
Previous Owner $62,850 New Conventional
Previous Owner $344,000 Unknown
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

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 $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

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5662969

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-07-126