NOT LISTED FOR SALE

Estimated Value: $267,909 - $299,000

2 Beds
2 Baths
956 Sq Ft
$185/mo HOA Fee

Last Sold October 12, 2020

Last sale price $172,500 $180 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,841/month

54 Days on Market

Highlights

  • Fitness Center
  • Heated Community Pool
  • Tile Flooring
  • Phoenix Coding Academy Rated A
  • Eat-In Kitchen
  • Laundry Facilities

About This Home

As of October 2020

LOCATION, LOCATION, LOCATION... Walking distance to Biltmore Fashion Square, Trader Joe's, Whole Foods, Last Chance, Best Buy, Fry's, etc. this location can't be beaten. This complex is a small hidden gem. Units in this complex are not coming on the market very often. With low HOA monthly dues ($185/month) and low property taxes ($50/month equivalent) this can be an ideal lock and leave winter home, a permanent residence in the middle of everything or a profitable investment property with a 6%+ cap rate. The condo itself has been reasonably remodeled and is move-in ready. At less than $200/sqft, this one is probably the best value in zip 85016.

Last Listed By

Cristian Oprescu

HomeSmart License #SA567051000 Listed on: 08/11/2020

HomeSmart

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $728

Year Built

  • Built in 1973

Lot Details

  • 871

HOA Fees

  • $185 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Wood Frame Construction
  • Foam Roof
  • Stucco

Interior Spaces

  • 956 Sq Ft Home
  • 2-Story Property

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Laminate Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Schools

  • Madison Elementary School
  • Phoenix Union Bioscience High Middle School
  • Camelback High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Listing and Financial Details

  • Tax Lot 215
  • Assessor Parcel Number 163-21-117

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, ground maintenance, trash, water, roof replacement, maintenance exterior
  • Azcms Association, Phone Number (480) 355-1190
  • Cantera Fountains Condominiums Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Fitness Center
  • Heated Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$728

Year Built

Built in 1973

Lot Details

0

HOA Fees

$185 per month

Listing Details

  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 184.8
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1973
  • Tax Year: 2019
  • Directions: 24th Street and Campbell, go west on Campbell, entrance is on the north side of Campbell, next to entrance to the new Contour on Campbell.
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: CANTERA FOUNTAINS CONDOMINIUMS
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 184.8
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Pantry, 3/4 Bath Master Bdrm, Laminate Counters
  • Living Area: 956.0
  • Stories: 2
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Laminate Counters: Yes
  • Community Features:Community Laundry: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Frame - Wood
  • Roof: Foam
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa Htd, Community Pool Htd, Community Laundry, Fitness Center
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 184.8
  • Association Fee Frequency: Monthly
  • Association Name: Cantera Fountains
  • Phone: 480-355-1190
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Cantera Fountains
  • Association Fees:HOA Telephone4: 480-355-1190
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: AZCMS
  • 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, Trash, Water, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Madison Elementary School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Phoenix Union Bioscience High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1031.0
  • Parcel #: 163-21-117
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: NA

Tax Info

  • Tax Annual Amount: 728.0
  • Tax Book Number: 163.00
  • Tax Lot: 215
  • Tax Map Number: 21.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2020
Closed on
Nov 20, 2020
Sold by
Youngren Ryan and Ku Tammy
Bought by
Kailua Capital Llc
Seller's Agent
Cristian Oprescu
HomeSmart
Buyer's Agent
Patrick Murphy
West USA Realty
List Price
$189,900
Sold Price
$172,500
Premium/Discount to List
-$17,400
-9.16%
Total Days on Market
54
Current Estimated Value
$284,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,727
Avg. Annual Appreciation
11.41%

Purchase Details

Listed on
Aug 11, 2020
Closed on
Sep 14, 2020
Sold by
Oprescu Florinela
Bought by
Youngren Ryan and Ku Tammy
Seller's Agent
Cristian Oprescu
HomeSmart
Buyer's Agent
Patrick Murphy
West USA Realty
List Price
$189,900
Sold Price
$172,500
Premium/Discount to List
-$17,400
-9.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 9, 2011
Closed on
Apr 24, 2012
Sold by
Nicolia Francine and Mendoza Cynthia A
Bought by
Oprescu Florinda
Seller's Agent
Jacquelyn Buczko
Realty ONE Group
Buyer's Agent
Ioan Ilca
Realty ONE Group
List Price
$45,000
Sold Price
$45,500
Premium/Discount to List
$500
1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.06%

Purchase Details

Closed on
Mar 1, 2006
Sold by
Brussels Garry Neil
Bought by
Mendoza Cynthia Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,605
Interest Rate
6.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2002
Sold by
Drum William O
Bought by
Glotfelty Mel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.94%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 10, 1999
Sold by
Merritt Max L and Merritt Marilynn
Bought by
Drum William O and The Drum Revocable Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
7.24%
Mortgage Type
Seller Take Back

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 Buyer Sale Price Title Company
Kailua Capital Llc -- None Available
Youngren Ryan $172,500 First American Title Ins Co
Oprescu Florinda $45,500 Old Republic Title Agency
Mendoza Cynthia Ann -- Ticor Title Agency Of Az Inc
Nicolia Francine Elise $153,500 Ticor Title Agency Of Az Inc
Glotfelty Mel R $87,000 Capital Title Agency Inc
Drum William O $72,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Youngren Ryan $127,500
Previous Owner Nicolia Francine Elise $152,605
Previous Owner Glotfelty Mel R $69,750
Previous Owner Glotfelty Mel R $23,250
Previous Owner Glotfelty Mel R $80,000
Previous Owner Drum William O $32,000
Previous Owner Merritt Max L $34,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2020 10/12/20 Sold $172,500 -9.2% $180 / Sq Ft
09/12/2020 09/12/20 Pending -- -- --
07/20/2020 07/20/20 For Sale $189,900 +317.4% $199 / Sq Ft
04/30/2012 04/30/12 Sold $45,500 +1.1% $48 / Sq Ft
07/13/2011 07/13/11 Pending -- -- --
07/09/2011 07/09/11 For Sale $45,000 -- $47 / 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 $794 $6,397 -- --
2024 $773 $6,092 -- --
2023 $773 $17,180 $3,430 $13,750
2022 $750 $12,650 $2,530 $10,120
2021 $757 $11,600 $2,320 $9,280
2020 $745 $10,310 $2,060 $8,250
2019 $728 $9,420 $1,880 $7,540
2018 $711 $8,160 $1,630 $6,530
2017 $677 $6,780 $1,350 $5,430
2016 $654 $6,210 $1,240 $4,970
2015 $607 $5,280 $1,050 $4,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6105666

Arizona Regional Multiple Listing Service (ARMLS)

APN: 163-21-117