NOT LISTED FOR SALE

18202 N Cave Creek Rd Unit 243 Phoenix, AZ 85032

Paradise Valley Village Neighborhood

Estimated Value: $121,742 - $166,000

2 Beds
2 Baths
836 Sq Ft
$266/mo HOA Fee

Last Sold September 25, 2020

Last sale price $78,000 $93 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $1,080/month

3 Days on Market

Highlights

  • Unit is on the top floor
  • Double Pane Windows
  • Breakfast Bar
  • Private Pool
  • Solar Screens
  • No Interior Steps

About This Home

As of September 2020

Investor 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

Last Buyer's Agent

Jason Snyder

HomeSmart License #SA576063000

HomeSmart

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

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

  • Central Air
  • 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$239

Year Built

Built in 1983

Lot Details

0

HOA Fees

$266 per month

Listing Details

  • Cross Street: Union Hills & Cave Creek Rd
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 266.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1983
  • Tax Year: 2019
  • Directions: S/B from Union Hills. Property is at corner of Michigan and Cave Creek Rd.
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: MOUNTAIN SPRINGS TERRACE CONDOMINIUM
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 266.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Breakfast Bar, No Interior Steps
  • Living Area: 836.0
  • Stories: 2
  • Window Features: Solar Screens, Dual Pane
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Coin-Op Laundry: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Desert Front
  • Pool Features: Fenced
  • Disclosures: Seller Discl Avail
  • Common Walls: Neighbor Below
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Unassigned
  • Attached Garage: No
  • Carport Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: None
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool, Near Bus Stop, Coin-Op Laundry
  • Association Fee: 266.0
  • Association Fee Frequency: Monthly
  • Association Name: Mountain Springs Ter
  • Phone: 480-513-6846
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Mountain Springs Ter
  • Association Fees:HOA Telephone4: (480) 513-6846
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Peterson Company
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fee Incl:Pest Control: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Pest Control, Maintenance Grounds, Trash, Water, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Echo Mountain Primary School
  • High School: Paradise Valley High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Echo Mountain Intermediate School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 799.0
  • Parcel #: 214-07-147

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 239.0
  • Tax Book Number: 214.00
  • Tax Lot: 243
  • Tax Map Number: 7.00

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
Current Estimated Value
$148,936

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
$520,450
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
-$371,514

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
13.78%
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
Source: Public Records

Range of Values:

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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 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 $168,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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

  • H

    Seller's Agent in 2020

    Heather Quezada

    Hunt Real Estate

  • Jason Snyder

    Buyer's Agent in 2020

    Jason Snyder

    HomeSmart

    (602) 330-5390

    15 in this area

    25 Total Sales

    Jason Snyder
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6126474

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-07-147

Arizona Maricopa County Phoenix 85022 Paradise Valley Village

18202 N Cave Creek Rd Unit 243, Phoenix, AZ

This home is located at 18202 N Cave Creek Rd Unit 243, Phoenix, AZ 85032 since 02 September 2020 and is currently estimated at $148,936, approximately $178 per square foot. This property was built in 1983. 18202 N Cave Creek Rd Unit 243 is a home located in Maricopa County with nearby schools including Echo Mountain Primary School, Echo Mountain Intermediate School, and Vista Verde Middle School.

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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