NOT LISTED FOR SALE

23686 W Hidalgo Ave Buckeye, AZ 85326

Estimated Value: $338,879 - $346,000

4 Beds
2 Baths
1,569 Sq Ft
$219/Sq Ft Est. Value

Last Sold March 15, 2017

Last sale price $156,000 $99 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $1,913/month

7 Days on Market

Highlights

  • Contemporary Architecture
  • Eat-In Kitchen
  • Dual Vanity Sinks in Primary Bathroom
  • Covered Patio or Porch
  • Double Pane Windows
  • Community Playground

About This Home

As of March 2017

**TURN KEY, TENANTED, CASH FLOWING INVESTMENT PROPERTY** This 4 bed 2 bath single level quality built D R Horton Home on an over sized lot. Home is currently leased for $825.00 per month through 6/30/2017. Rent rate will be increased to $1000.00 per month upon lease renewal. 20.9% IRR overall after tax return on income. SEE INVESTMENT ANALYSIS IN DOCUMENTS TAB

Last Agent to Sell the Property

Tom Steinheiser

Metropolitan Real Estate License #SA626826000 Listed on: 02/10/2017

Last Buyer's Agent

Patti Gorski

RE/MAX Professionals License #BR512646000

RE/MAX Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,169

Year Built

  • Built in 2008

Lot Details

  • 8,101 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Front Yard Sprinklers

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,569 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Covered Patio or Porch

Schools

  • Buckeye Elementary School
  • Buckeye Union High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Listing and Financial Details

  • Tax Lot 830
  • Assessor Parcel Number 504-42-431

Community Details

Overview

  • Property has a Home Owners Association
  • City Property Mgmnt Association, Phone Number (602) 437-4777
  • Built by D R Horton Homes
  • Riata West Unit 2 Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,169

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Cross Street: W. Southern Ave & S Watson Rd
  • Legal Info Range: 3W
  • Property Type: Residential
  • Association Fees Community Facilities District: N
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 58.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2008
  • Tax Year: 2016
  • Directions: North on S.237th Ave from W.Southern to W.Huntington Dr; Right on Huntington which turns into S.236th Ln; North to W.Hidalgo Ave. Home is on the North side of the street.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.19
  • Subdivision Name: RIATA WEST UNIT 2
  • Architectural Style: Contemporary, Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 58.0
  • Windows:Dual Pane: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Pantry, Double Vanity, Full Bth Master Bdrm
  • Living Area: 1569.0
  • Stories: 1
  • Window Features: Double Pane Windows
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Sprinklers In Front, Desert Front, Dirt Back, Gravel/Stone Front
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Inside
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Playground
  • Amenities: Management
  • Association Fee Frequency: Monthly
  • Association Name: Riata West HOA
  • Phone: 602-437-4777
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Riata West HOA
  • Association Fees:HOA Telephone4: 602-437-4777
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: City Property Mgmnt
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Schools

  • Elementary School: Buckeye Elementary School
  • High School: Buckeye Union High School
  • Middle Or Junior School: Buckeye Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8101.0
  • Parcel #: 504-42-431
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: D R Horton Homes

Tax Info

  • Tax Annual Amount: 1169.0
  • Tax Book Number: 504.00
  • Tax Lot: 830
  • Tax Map Number: 42.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2017
Closed on
Apr 19, 2017
Sold by
Moody Edward D and Moody Barbara J
Bought by
Moody Edward D and Moody Barbara J
Seller's Agent
Tom Steinheiser
Metropolitan Real Estate
Buyer's Agent
Patti Gorski
RE/MAX Professionals
List Price
$156,000
Sold Price
$156,000
Current Estimated Value
$342,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,359
Avg. Annual Appreciation
9.58%

Purchase Details

Listed on
Feb 10, 2017
Closed on
Mar 14, 2017
Sold by
Etraderealestate Com Llc
Bought by
Moody Edward D and Moody Barbara J
Seller's Agent
Tom Steinheiser
Metropolitan Real Estate
Buyer's Agent
Patti Gorski
RE/MAX Professionals
List Price
$156,000
Sold Price
$156,000

Purchase Details

Closed on
Oct 28, 2016
Sold by
Powerhouse Investment Group Llc
Bought by
Etraderealestatecom Llc

Purchase Details

Closed on
Jun 2, 2015
Sold by
Tm3 Group Llc
Bought by
Powerhouse Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,850,000
Interest Rate
3.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 2015
Sold by
Fisch Properties Lp
Bought by
Tm3 Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,850,000
Interest Rate
3.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2014
Sold by
Arizona Equity Management Llc
Bought by
Fisch Properties Lp and Aflalo Samuel

Purchase Details

Closed on
Jul 22, 2011
Sold by
Felix Arthur F
Bought by
Arizona Equity Management Llc

Purchase Details

Closed on
Feb 20, 2008
Sold by
D R Horton Inc Dietz Crane
Bought by
Felix Arthur F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,154
Interest Rate
5.85%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Moody Edward D -- None Available
Moody Edward D $156,000 Driggs Title Agency Inc
Etraderealestatecom Llc $1,686,662 Great Amer Title Agency Inc
Powerhouse Investment Group Llc $1,950,000 Old Republic Title Agency
Tm3 Group Llc $8,200,000 Old Republic Title Agency
Fisch Properties Lp -- None Available
Arizona Equity Management Llc $58,000 Great American Title Agency
Felix Arthur F $140,154 Dhi Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Powerhouse Investment Group Llc $1,850,000
Previous Owner Felix Arthur F $140,154
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2017 03/15/17 Sold $156,000 0.0% $99 / Sq Ft
02/16/2017 02/16/17 Pending -- -- --
02/09/2017 02/09/17 For Sale $156,000 -- $99 / 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 $1,407 $9,877 -- --
2024 $1,330 $9,407 -- --
2023 $1,330 $25,150 $5,030 $20,120
2022 $1,328 $18,860 $3,770 $15,090
2021 $1,390 $16,830 $3,360 $13,470
2020 $1,303 $15,610 $3,120 $12,490
2019 $1,276 $14,550 $2,910 $11,640
2018 $1,262 $12,720 $2,540 $10,180
2017 $1,086 $11,110 $2,220 $8,890
2016 $1,169 $9,750 $1,950 $7,800
2015 $1,043 $9,410 $1,880 $7,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5559128

Arizona Regional Multiple Listing Service (ARMLS)

APN: 504-42-431