18202 N Cave Creek Rd Unit 243 Phoenix, AZ 85032
Paradise Valley NeighborhoodEstimated Value: $141,000 - $177,000
2
Beds
2
Baths
836
Sq Ft
$266/mo
HOA Fee
Highlights
- Unit is on the top floor
- Double Pane Windows
- Refrigerated Cooling System
- Private Pool
- Solar Screens
- Breakfast Bar
About This Home
As of September 2020Investor opportunity! This two bedroom, two bath unit has new double paned windows and a new double paned sliding glass door.
This is a second floor unit and is an excellent opportunity for the owner occupied situation or an investor. This unit is currently rented for $825 per month. Current tenant is on month to month lease. The HOA has made many improvements to the complex including fresh exterior paint, pool resurfacing, new railings and updated landscaping. This is one of four units that can be purchased on its own or as part of the four unit package. This is a cash only purchase. Owner/agent, Sold as is.
Last Agent to Sell the Property
Heather Quezada
HUNT Real Estate ERA License #SA658415000 Listed on: 09/02/2020
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $239
Year Built
- Built in 1983
Lot Details
- 871
HOA Fees
- $266 Monthly HOA Fees
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Interior Spaces
- 836 Sq Ft Home
- 2-Story Property
- Double Pane Windows
- Solar Screens
- Vinyl Flooring
- Breakfast Bar
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Parking
- 2 Carport Spaces
- Unassigned Parking
Pool
- Private Pool
- Fence Around Pool
Location
- Unit is on the top floor
- Property is near a bus stop
Schools
- Echo Mountain Primary Elementary School
- Echo Mountain Intermediate School
- Paradise Valley High School
Utilities
- Refrigerated Cooling System
- Heating Available
Additional Features
- No Interior Steps
- Desert faces the front of the property
Listing and Financial Details
- Tax Lot 243
- Assessor Parcel Number 214-07-147
Community Details
Overview
- Association fees include roof repair, insurance, sewer, pest control, ground maintenance, trash, water, roof replacement, maintenance exterior
- Peterson Company Association, Phone Number (480) 513-6846
- Mountain Springs Terrace Condominium Subdivision
Amenities
- Coin Laundry
- No Laundry Facilities
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 11, 2023
Sold by
Encore-Mountain Springs 5 Llc
Bought by
Drycreek Management Llc
Total Days on Market
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,750
Outstanding Balance
$522,530
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
-$360,757
Purchase Details
Closed on
Nov 10, 2022
Sold by
Encore Acquisitions Llc
Bought by
Encore-Mountain Springs 5 Llc
Purchase Details
Listed on
Sep 2, 2020
Closed on
Sep 16, 2020
Sold by
Bennett Heather and Brough Corey
Bought by
Encore Acquisitions Llc
Seller's Agent
Heather Quezada
HUNT Real Estate ERA
Buyer's Agent
Jason Snyder
HomeSmart
List Price
$78,000
Sold Price
$78,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.60%
Original Mortgage
$168,000
Interest Rate
2.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 29, 2018
Sold by
Brough Shannon and Brough Corey
Bought by
Brough Corey
Purchase Details
Closed on
May 23, 2016
Sold by
Williams Phillip R and Williams Debra A
Bought by
Bennett Heather and Brough Shane
Purchase Details
Closed on
Jan 23, 2007
Sold by
New Mountain Springs Terrace Condominium
Bought by
Williams Philip R and Williams Debra A
Purchase Details
Closed on
Sep 13, 2006
Sold by
San Floriano Co Lp and Kilroy Michael J
Bought by
New Mountain Springs Terrace Condo Llc
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 |
|---|---|---|---|
| Drycreek Management Llc | $950,000 | None Listed On Document | |
| Encore-Mountain Springs 5 Llc | -- | -- | |
| Encore Acquisitions Llc | $168,000 | American Title Svc Agcy Llc | |
| Brough Corey | -- | None Available | |
| Bennett Heather | -- | None Available | |
| Bennett Heather | $267,000 | Security Title Agency Inc | |
| Williams Philip R | $548,000 | None Available | |
| New Mountain Springs Terrace Condo Llc | $7,000,000 | Dhi Title Of Arizona Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Drycreek Management Llc | $528,750 | |
| Previous Owner | Encore Acquisitions Llc | $654,570 | |
| Previous Owner | Encore Acquisitions Llc | $168,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/25/2020 09/25/20 | Sold | $78,000 | 0.0% | $93 / Sq Ft |
| 09/05/2020 09/05/20 | Pending | -- | -- | -- |
| 09/02/2020 09/02/20 | For Sale | $78,000 | -- | $93 / 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
-
H
Seller's Agent in 2020
Heather Quezada
Hunt Real Estate
-
Jason Snyder
Buyer's Agent in 2020
Jason Snyder
HomeSmart
(602) 330-5390
21 in this area
33 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6126474
APN: 214-07-147
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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