$42,000
SOLD MAR 28, 2016
2 Beds
2 Baths
1,134 Sq Ft
550 Sq Ft Lot

Recently Sold

$37 Per Sq Ft

24% Below List Price

151 Days on Market

Highlights

  • Heated Community Pool
  • Eat-In Kitchen
  • Ceiling Fan
  • Phoenix Coding Academy Rated A
  • Tile Flooring
  • Remodeled Bathroom

About This Home

As of October 2021

CASH ONLY! AS-IS! Priced for immediate sale. Great investment opportunity or winter getaway. Remodeled in 2010. Pool is drained and HOA does not have money to repair. 1. Delinquency rate is in excess of 25%.
2. The current special assessment stops at the end of April which will return the monthly dues to the original amount. With a return to the original amount the HOA will be in the negative each month.
3. The board is apparently discussing a substantial new assessment.
4. There has not been any financing of unit purchases in the complex for over 18 months.
5. Over 50% of the residences are tenant occupied.
This will not be paid by the seller. This is a great buy for someone who gets it!

Last Agent to Sell the Property

Rachele Funk

The Offer Company License #SA045391000 Listed on: 10/13/2015

Last Buyer's Agent

Parag Gangwal

DF License #SA653756000

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $437

Year Built

  • Built in 1981

Lot Details

  • 550 Sq Ft Lot
  • Block Wall Fence
  • Grass Covered Lot

Home Design

  • Block Exterior
  • Stucco

Interior Spaces

  • 1,134 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Parking

  • 1 Carport Space
  • Assigned Parking

Pool

  • Diving Board

Schools

  • Loma Linda Elementary School
  • Camelback High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 119-23-173

Community Details

Overview

  • Property has a Home Owners Association
  • Elan Managment Association, Phone Number (480) 415-5254
  • Osborn Villas Unit 1 16 Subdivision

Recreation

  • Heated Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$437

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Cross Street: 20th Street & Osborn
  • 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: 272.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2010
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2010
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2010
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1981
  • Tax Year: 2014
  • Directions: 16th or 24th Streets to Osborn, East or West Respectfully to complex on the South side of Osborn For easy access park in front side. Assigned Parking is in back. Front door is on Osborn Side.
  • Property Sub Type: Townhouse
  • Lot Size Acres: 0.01
  • Subdivision Name: OSBORN VILLAS UNIT 1-16
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 272.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Eat-in Kitchen, Other, 3/4 Bath Master Bdrm, High Speed Internet, See Remarks
  • Living Area: 1134.0
  • Stories: 2
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Other Rooms:Great Room: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Other
  • Lot Features: Grass Front
  • Pool Features: Diving Pool
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes
  • Exterior Features:Other5: Yes

Garage/Parking

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

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Inside, Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Amenities: Management
  • Association Fee Frequency: Monthly
  • Association Name: Elan Managment
  • Phone: 480-415-5254
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 500.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Elan Managment
  • Association Fees:HOA Telephone4: 480-415-5254
  • 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:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes

Schools

  • Elementary School: Loma Linda Elementary School
  • High School: Camelback High School
  • Middle Or Junior School: Loma Linda Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 550.0
  • Parcel #: 119-23-173
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unkown

Tax Info

  • Tax Annual Amount: 437.0
  • Tax Book Number: 119.00
  • Tax Lot: 4
  • Tax Map Number: 23.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2024
Sold by
Mcelwee Lily
Bought by
2021 04 Llc
Current Estimated Value
$242,546

Purchase Details

Closed on
Feb 29, 2024
Sold by
Mcelwee Lily
Bought by
2021 04 Llc

Purchase Details

Listed on
Oct 5, 2021
Closed on
Oct 21, 2021
Sold by
Zillow Homes Property Trust
Bought by
Mcelwee Lily
Seller's Agent
Yvonne Bondanza-Whittaker
My Home Group Real Estate
Buyer's Agent
darrell martin
eXp Realty
List Price
$205,900
Sold Price
$202,000
Premium/Discount to List
-$3,900
-1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.10%

Purchase Details

Listed on
Oct 5, 2021
Closed on
Sep 15, 2021
Sold by
Gandhi Anand and Shah Aditi
Bought by
Zillow Homes Property Trust
Seller's Agent
Yvonne Bondanza-Whittaker
My Home Group Real Estate
Buyer's Agent
darrell martin
eXp Realty
List Price
$205,900
Sold Price
$202,000
Premium/Discount to List
-$3,900
-1.89%

Purchase Details

Listed on
Oct 13, 2015
Closed on
Mar 22, 2016
Sold by
Bzt Residential Llc
Bought by
Gandhi Anand and Shah Aditi
Seller's Agent
Rachele Funk
The Offer Company
Buyer's Agent
Parag Gangwal
DF
List Price
$55,000
Sold Price
$42,000
Premium/Discount to List
-$13,000
-23.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.57%

Purchase Details

Closed on
Apr 9, 2010
Sold by
Levy Edwina
Bought by
Bzt Residential Llc

Purchase Details

Closed on
Dec 3, 2004
Sold by
Taylor Mark A
Bought by
Levy Edwina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,620
Interest Rate
9.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 1999
Sold by
Bronson Peter F
Bought by
Taylor Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,400
Interest Rate
6.73%
Mortgage Type
Seller Take Back
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
Special Warranty Deed -- None Listed On Document
Special Warranty Deed -- None Listed On Document
Special Warranty Deed $202,000 Zillow Closing Services
Warranty Deed $222,083 Zillow Closing Services
Cash Sale Deed $42,000 Magnus Title Agency
Trustee Deed $25,001 None Available
Warranty Deed $63,620 Alliance Title Partners
Warranty Deed $44,000 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $63,620 New Conventional
Previous Owner $34,400 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2021 10/21/21 Sold $202,000 -1.9% $178 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
10/05/2021 10/05/21 For Sale $205,900 +390.2% $182 / Sq Ft
03/28/2016 03/28/16 Sold $42,000 -20.0% $37 / Sq Ft
03/12/2016 03/12/16 Pending -- -- --
02/04/2016 02/04/16 Price Changed $52,500 -4.5% $46 / Sq Ft
01/26/2016 01/26/16 For Sale $55,000 0.0% $49 / Sq Ft
01/26/2016 01/26/16 Price Changed $55,000 -5.2% $49 / Sq Ft
01/10/2016 01/10/16 Pending -- -- --
11/10/2015 11/10/15 Price Changed $58,000 -3.3% $51 / Sq Ft
11/03/2015 11/03/15 Price Changed $60,000 -4.0% $53 / Sq Ft
10/13/2015 10/13/15 For Sale $62,500 -- $55 / 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 $486 $4,233 -- --
2024 $480 $4,031 -- --
2023 $480 $15,650 $3,130 $12,520
2022 $460 $10,150 $2,030 $8,120
2021 $535 $8,460 $1,690 $6,770
2020 $522 $6,500 $1,300 $5,200
2019 $519 $6,120 $1,220 $4,900
2018 $508 $4,570 $910 $3,660
2017 $488 $5,500 $1,100 $4,400
2016 $470 $5,460 $1,090 $4,370
2015 $437 $4,410 $880 $3,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5348146

Arizona Regional Multiple Listing Service (ARMLS)

APN: 119-23-173