NOT LISTED FOR SALE

Estimated Value: $209,914 - $224,000

1 Bed
1 Bath
704 Sq Ft
$275/mo HOA Fee

Last Sold September 16, 2019

Last sale price $136,900 $194 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,475/month

40 Days on Market

Highlights

  • Unit is on the top floor
  • Gated Community
  • Santa Barbara Architecture
  • Madison Heights Elementary School Rated A-
  • Mountain View
  • Heated Community Pool

About This Home

As of September 2019

A Highly Desired Condo In The Preserve Condominium Homes And Right Next To The Pointe Hilton Resort! This beautiful 1 bedroom 1 bath second story unit has a large great room with a fireplace, lots of windows, and a gorgeous coffered ceiling in the dining area. The kitchen is complete with all appliances, lots of counter top space, and storage. There is a large walk-in closet in the bedroom, ceiling fans, inside washer and dryer included, and a storage room off of the covered private deck. This great central location has close access to 51 Hwy and is walking distance to Dreamy Draw Park, Sumida Park, restaurants, shopping, hiking and biking trails. This community is surrounded with mountain views and has beautiful lush grounds, a sparkling pool, two spas, a cabana, and is very quiet.

Last Agent to Sell the Property

Diane Knapp

HomeSmart License #SA576105000 Listed on: 07/07/2019

HomeSmart

Last Buyer's Agent

Karen Owens

Karen Owens Real Estate Group License #BR537236000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $773

Year Built

  • Built in 1990

Lot Details

  • 1 Common Wall
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence

HOA Fees

  • $275 Monthly HOA Fees

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 704 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Living Room with Fireplace
  • Mountain Views
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 1 Bathroom

Parking

  • Detached Garage
  • 1 Carport Space
  • Assigned Parking

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Balcony
  • Outdoor Storage

Location

  • Unit is on the top floor
  • Property is near a bus stop

Schools

  • Madison Heights Elementary School
  • Madison #1 Middle School
  • Phoenix Union Bioscience High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 243
  • Assessor Parcel Number 164-23-432

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, ground maintenance, street maintenance, trash, water, roof replacement, maintenance exterior
  • Elan Community Mgt Association, Phone Number (480) 415-5254
  • Built by Evans Whitycomb
  • Preserve Condominium Homes Subdivision

Recreation

  • Heated Community Pool
  • Community Spa
  • Bike Trail

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$773

Year Built

Built in 1990

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Cross Street: 16th Street
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 275.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2017
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2017
  • Updated Heating or Cooling Units: Partial
  • Items Updated Ht Cool Yr Updated: 2011
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2018
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1990
  • Tax Year: 2018
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: PRESERVE CONDOMINIUM HOMES
  • Architectural Style: Santa Barbara/Tuscan
  • Property Attached Yn: Yes
  • General Property Description:PriceSqFt: 194.46
  • Association Fees:HOA Fee2: 275.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Total Bedrooms: 1
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, No Interior Steps, Full Bth Master Bdrm
  • Living Area: 704.0
  • Stories: 2
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Balcony, Storage
  • Lot Features: Desert Back, Desert Front
  • Pool Features: None
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Home Warranty: Yes
  • Common Walls: 1 Common Wall, Neighbor Below
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Assigned, Detached
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Detached: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated, Community Spa Htd, Community Pool Htd, Near Bus Stop, Biking/Walking Path
  • Association Fee: 275.0
  • Association Fee Frequency: Monthly
  • Association Name: Preserve Condo HOA
  • Phone: 480-415-5254
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 150.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Preserve Condo HOA
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Elan Community Mgt
  • Association Fees:HOA Management Phone: 480-415-5254
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes
  • 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

Fee Information

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

Schools

  • Elementary School: Madison Heights Elementary School
  • High School: Phoenix Union Bioscience High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Madison #1 Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 679.0
  • Parcel #: 164-23-432

Building Info

  • Builder Name: Evans Whitycomb

Tax Info

  • Tax Annual Amount: 773.0
  • Tax Book Number: 164.00
  • Tax Lot: 243
  • Tax Map Number: 23.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2019
Closed on
Sep 13, 2019
Sold by
Montagu Thomas E and Montagu Candyn S
Bought by
Ownes Nictolett A
Seller's Agent
Diane Knapp
HomeSmart
Buyer's Agent
Karen Owens
Karen Owens Real Estate Group
List Price
$141,000
Sold Price
$136,900
Premium/Discount to List
-$4,100
-2.91%
Current Estimated Value
$215,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,579
Avg. Annual Appreciation
7.55%
Original Mortgage
$132,793
Outstanding Balance
$116,316
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$99,163

Purchase Details

Closed on
Jun 30, 2010
Sold by
Frankel Leonard A and Leonard A Frankel Trust
Bought by
Montagu Thomas E and Montagu Carolyn S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2008
Sold by
Frankel Douglas
Bought by
Frankel Leonard A and Leonard A Frankel Trust

Purchase Details

Closed on
Mar 21, 2007
Sold by
Sanders Ilyse Erica
Bought by
Frankel Douglas

Purchase Details

Closed on
Aug 21, 2004
Sold by
Kaufman Joel J and Kaufman Judy F
Bought by
Sanders Ilyse Erica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,800
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 2004
Sold by
Maracay Preserve Llc
Bought by
Shrestha Rabin B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,800
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 2003
Sold by
Squaw Peak Condominium Llc
Bought by
Kaufman Joel J and Kaufman Judy F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,200
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2000
Sold by
Shrestha Abha
Bought by
Shrestha Rabin B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Ownes Nictolett A $136,900 Old Republic Title Agency
Montagu Thomas E $58,000 Stewart Title & Trust Of Pho
Frankel Leonard A -- None Available
Frankel Douglas $137,500 Old Republic Title Agency
Sanders Ilyse Erica $101,000 Grand Canyon Title Agency In
Shrestha Rabin B $211,594 First American Title Ins Co
Kaufman Joel J $85,900 Lawyers Title Insurance Corp
Shrestha Rabin B -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ownes Nictolett A $132,793
Previous Owner Montagu Thomas E $45,000
Previous Owner Sanders Ilyse Erica $80,800
Previous Owner Kaufman Joel J $60,200
Closed Sanders Ilyse Erica $20,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2019 09/16/19 Sold $136,900 -2.9% $194 / Sq Ft
08/16/2019 08/16/19 Pending -- -- --
07/07/2019 07/07/19 For Sale $141,000 -- $200 / 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 $798 $6,961 -- --
2024 $737 $6,630 -- --
2023 $737 $15,970 $3,190 $12,780
2022 $713 $12,480 $2,490 $9,990
2021 $728 $11,870 $2,370 $9,500
2020 $716 $9,970 $1,990 $7,980
2019 $793 $9,020 $1,800 $7,220
2018 $773 $7,960 $1,590 $6,370
2017 $737 $7,430 $1,480 $5,950
2016 $711 $6,630 $1,320 $5,310
2015 $661 $6,620 $1,320 $5,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5949593

Arizona Regional Multiple Listing Service (ARMLS)

APN: 164-23-432