NOT LISTED FOR SALE

Estimated Value: $218,000 - $283,819

2 Beds
1 Bath
968 Sq Ft
$253/Sq Ft Est. Value

Last Sold November 06, 2014

Last sale price $45,000 $46 Per Sq Ft

Est. 449% increase in value since last sale

Current estimated payment $1,294/month

69 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Tile Flooring
  • Phoenix Coding Academy Rated A
  • Double Pane Windows
  • Outdoor Storage

About This Home

As of November 2014

Potential rent for $800 per month or an unbelievable 13% CAP Rate for investors! Low property taxes at only $180 in 2013 as well. Newly renovated in 2013, this home is a great purchase for a first time home owner or an investor. The extensive remodel includes a new roof, upgraded electrical wiring, new plumbing, new tile flooring and interior paint, and a laundry room that was added as well. There is plenty of room for parking on a large lot with a storage shed and a concrete pad that is approved to build a guest house for additional space and potential income. Minutes from the airport, parks, and South Mountain High School with close access to I-17, US 60, and I-10.

Last Agent to Sell the Property

Keith Grayson

Grayson Real Estate License #BR636932000 Listed on: 08/22/2014

Co-Listed By

Karen Grayson

Grayson Real Estate License #SA638845000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 6,138 Sq Ft Lot
  • Chain Link Fence

Parking

  • 4 Open Parking Spaces

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 968 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Vinyl Clad Windows
  • Tile Flooring
  • Mountain Views
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 1 Bathroom

Schools

  • Roosevelt Elementary School
  • South Mountain High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • North or South Exposure
  • Outdoor Storage

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Belmont Park Subdivision

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 122-38-035

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

6,138 Sq Ft Lot

Listing Details

  • Cross Street: S. 16th Street and E. Broadway Road
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2013
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2013
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2013
  • Updated Plumbing: Full
  • Items Updated Plmbg Yr Updated: 2013
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2013
  • Updated Wiring: Partial
  • Items Updated Wiring Yr Updated: 2013
  • Parking Spaces Slab Parking Spaces: 4.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1948
  • Tax Year: 180
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.14
  • Co List Office Mls Id: ecop01
  • Co List Office Phone: 602-418-2950
  • Subdivision Name: Belmont Park
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 46.48
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 2
  • Fireplace: No
  • Living Area: 968.0
  • Stories: 1
  • Window Features: Dual Pane, ENERGY STAR Qualified Windows, Vinyl Frame
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Separate Workshop: Yes

Exterior Features

  • Fencing: Chain Link
  • Exterior Features: Storage
  • Lot Features: North/South Exposure, Dirt Front, Dirt Back
  • Pool Features: None
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Open Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Roosevelt Elementary School
  • High School: South Mountain High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Roosevelt Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6138.0
  • Parcel #: 122-38-035

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 2013.0
  • Tax Book Number: 122.00
  • Tax Lot: 16
  • Tax Map Number: 38.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2017
Sold by
Velazquez Arodi Morales
Bought by
Velazquez Ruben Morales and Rojas Alma Delia Gutierrez
Current Estimated Value
$246,844

Purchase Details

Listed on
Aug 22, 2014
Closed on
Nov 4, 2014
Sold by
Graciano Orlando Aurelio
Bought by
Velazquez Arodi Morales
Seller's Agent
Keith Grayson
Grayson Real Estate
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$72,500
Sold Price
$45,000
Premium/Discount to List
-$27,500
-37.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.11%

Purchase Details

Closed on
Aug 14, 2014
Sold by
Gamboa Yudith Yovana
Bought by
Graciano Orlando Aurelio

Purchase Details

Listed on
Dec 19, 2011
Closed on
Jan 31, 2012
Sold by
Gamboa Raul
Bought by
Gamboa Judith
Seller's Agent
Keith Grayson
Grayson Real Estate
Buyer's Agent
Martin Carranza
Grayson Real Estate
List Price
$12,500
Sold Price
$11,900
Premium/Discount to List
-$600
-4.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.95%

Purchase Details

Listed on
Dec 19, 2011
Closed on
Jan 23, 2012
Sold by
U S Bank National Association
Bought by
Graciano Orlando A and Gamboa Yudith
Seller's Agent
Keith Grayson
Grayson Real Estate
Buyer's Agent
Martin Carranza
Grayson Real Estate
List Price
$12,500
Sold Price
$11,900
Premium/Discount to List
-$600
-4.8%

Purchase Details

Closed on
Oct 4, 2011
Sold by
Garcia Dora
Bought by
U S Bank National Association

Purchase Details

Closed on
May 8, 2007
Sold by
Garcia Dora
Bought by
Garcia Nestor and Garcia Dora

Purchase Details

Closed on
Jun 7, 2006
Sold by
Garcia Nestor M
Bought by
Garcia Dora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,000
Interest Rate
6.55%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 14, 2005
Sold by
Nesbit Jennifer L
Bought by
Desert Sky Acquisitions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 2005
Sold by
Action Acquisitions Llc
Bought by
Nesbit Jennifer L

Purchase Details

Closed on
Jul 7, 2005
Sold by
Platt Tanisha S
Bought by
Action Acquisitions Llc

Purchase Details

Closed on
Mar 8, 1996
Sold by
Platt Alton and Platt Willie Fred
Bought by
Platt Tanisha
Source: Public Records
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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
Velazquez Ruben Morales -- None Available
Velazquez Arodi Morales $45,000 Driggs Title Agency Inc
Graciano Orlando Aurelio -- None Available
Gamboa Judith -- Guaranty Title Agency
Graciano Orlando A $11,900 Guaranty Title Agency
U S Bank National Association $18,090 Accommodation
Garcia Nestor -- None Available
Garcia Dora -- Chicago Title Insurance Co
Garcia Dora $105,000 Chicago Title Insurance Co
Desert Sky Acquisitions Llc $75,000 Fidelity National Title Agen
Nesbit Jennifer L $46,600 Arizona Title Agency Inc
Action Acquisitions Llc $25,000 Arizona Title Agency Inc
Platt Tanisha -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Dora $21,000
Previous Owner Garcia Dora $84,000
Previous Owner Desert Sky Acquisitions Llc $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/06/2014 11/06/14 Sold $45,000 -18.2% $46 / Sq Ft
10/30/2014 10/30/14 Pending -- -- --
10/28/2014 10/28/14 Price Changed $55,000 -8.3% $57 / Sq Ft
10/03/2014 10/03/14 Price Changed $60,000 -7.7% $62 / Sq Ft
09/19/2014 09/19/14 Price Changed $65,000 -7.1% $67 / Sq Ft
09/17/2014 09/17/14 Price Changed $70,000 -3.4% $72 / Sq Ft
08/22/2014 08/22/14 For Sale $72,500 +509.2% $75 / Sq Ft
02/10/2012 02/10/12 Sold $11,900 -4.8% $12 / Sq Ft View Prior Sale
01/12/2012 01/12/12 Pending -- -- --
12/19/2011 12/19/11 For Sale $12,500 -- $13 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $291 $2,155 -- --
2024 $275 $2,053 -- --
2023 $275 $16,600 $3,320 $13,280
2022 $270 $12,130 $2,420 $9,710
2021 $278 $9,570 $1,910 $7,660
2020 $275 $8,100 $1,620 $6,480
2019 $265 $6,050 $1,210 $4,840
2018 $258 $5,120 $1,020 $4,100
2017 $240 $3,950 $790 $3,160
2016 $228 $3,250 $650 $2,600
2015 $212 $2,560 $510 $2,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5162046

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-38-035

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