NOT LISTED FOR SALE

2601 W Ocotillo Rd Unit 4 Phoenix, AZ 85017

Grandview Neighborhood

Estimated Value: $163,000 - $186,000

2 Beds
1.5 Baths
968 Sq Ft
$180/Sq Ft Est. Value

Last Sold May 19, 2014

Last sale price $26,000 $27 Per Sq Ft

Est. 570% increase in value since last sale

Current estimated payment $1,000/month

183 Days on Market

Highlights

  • Heated Community Pool
  • Tile Flooring
  • Coin Laundry
  • Washington High School Rated A-
  • Property is near a bus stop
  • High Speed Internet

About This Home

As of May 2014

This unit is the lowest priced in this community. Property is now vacant and on lockbox. Ready to be owner occupied or used as investment opportunity. This community has been renovated and it shows. Newly painted exterior, fenced pool, green landscaping. This unit is a 2 bedroom, 1.5 bath. Main floor has kitchen, eating area, great room, and half bath. Upstairs has 2 nice size bedrooms and a full bath. Kitchen and Baths are original. Unit was just cleaned, door added to downstairs bath, kitchen cabinets repaired, fans repaired, and other little enhancements. Downstairs bath has laundry hookups for stackable washer/dryer.
Community has pool and newer laundry facility. Great location. Close to schools, restaurants, and easy access to I-17 Freeway.

Last Agent to Sell the Property

Kathy Byrnes

Lucas Real Estate License #SA577118000 Listed on: 11/01/2013

Last Buyer's Agent

Liza Drake

West USA Realty License #SA036578000

West USA Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $212

Year Built

  • Built in 1979

Lot Details

  • 426

Parking

  • 1 Car Garage

Home Design

  • Fixer Upper
  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 968 Sq Ft Home
  • 2-Story Property
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1.5 Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Schools

  • Maryland Elementary School
  • Washington High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • 426 Sq Ft Lot
  • Property is near a bus stop

Listing and Financial Details

  • Tax Lot 68
  • Assessor Parcel Number 156-02-087

Community Details

Overview

  • Property has a Home Owners Association
  • Loma Linda Association, Phone Number (480) 941-1077
  • Loma Linda Condominiums Subdivision

Amenities

  • Coin Laundry

Recreation

  • Heated Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$212

Year Built

Built in 1979

Lot Details

0

Parking

1

Listing Details

  • Cross Street: 27th Ave and Glendale Ave
  • Legal Info Range: 2E
  • 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: 266.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1979
  • Tax Year: 2013
  • Directions: From Glendale Ave, Go South on 27th Ave. Turn Left on Ocotillo, proceed to the end of the complex, building is the last one on your right.
  • Property Sub Type: Townhouse
  • Lot Size Acres: 0.01
  • Subdivision Name: Loma Linda Condominiums
  • Architectural Style: Other (See Remarks)
  • New Construction: No
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 266.0
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet
  • Living Area: 968.0
  • Stories: 2
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Coin-Op Laundry: Yes

Exterior Features

  • Fencing: None
  • Pool Features: None
  • Disclosures: None
  • Construction Type: Painted, Block
  • Property Condition: Fixer
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Garage Spaces: 1.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Inside, Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop, Coin-Op Laundry, Pool
  • Amenities: Management
  • Association Fee Frequency: Monthly
  • Association Name: Loma Linda
  • Phone: 480-941-1077
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 175.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Loma Linda
  • Association Fees:HOA Telephone4: 480-941-1077
  • 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:Blanket Ins Policy: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Schools

  • Elementary School: Maryland Elementary School
  • High School: Washington High School
  • Middle Or Junior School: Maryland Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 426.0
  • Parcel #: 156-02-087
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 212.0
  • Tax Book Number: 156.00
  • Tax Lot: 68
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2013
Closed on
May 15, 2014
Sold by
Gold Real Estate Llc
Bought by
Ruiz Emmanuel and Duenes Magdalena
Seller's Agent
Kathy Byrnes
Lucas Real Estate
Buyer's Agent
Liza Drake
West USA Realty
List Price
$28,750
Sold Price
$26,000
Premium/Discount to List
-$2,750
-9.57%
Total Days on Market
183
Current Estimated Value
$174,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,281
Avg. Annual Appreciation
18.77%

Purchase Details

Closed on
Dec 14, 2010
Sold by
Nakhleh Elias and Nakhleh Nabil
Bought by
Gold Real Estate Llc

Purchase Details

Closed on
Jun 16, 2010
Sold by
Nakhleh Siham
Bought by
Nakhleh Nabil

Purchase Details

Closed on
Jun 15, 2010
Sold by
Nakhleh Mona
Bought by
Nakhleh Elias

Purchase Details

Closed on
Jun 1, 2010
Sold by
Federal National Mortgage Association
Bought by
Nakhleh Elias and Nakhleh Nabil

Purchase Details

Closed on
Apr 23, 2010
Sold by
Rose Dennis D
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 15, 2007
Sold by
Rose Marjorie L
Bought by
Rose Dennis D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2000
Sold by
Rees Richard D and Rees Teresa T
Bought by
Rose Dennis D and Rose Marjorie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,000
Interest Rate
8.19%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 2, 1994
Sold by
Hines William Robert and Hines Sonya L
Bought by
Rees Richard D and Rees Teresa T
Source: Public Records

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Range of Values:

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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
Ruiz Emmanuel $26,000 Great American Title Agency
Gold Real Estate Llc -- None Available
Nakhleh Nabil -- Security Title Agency
Nakhleh Elias -- Security Title Agency
Nakhleh Elias $16,960 Security Title Agency
Federal National Mortgage Association $76,697 First American Title
Rose Dennis D -- Westland Title Agency Of Az
Rose Dennis D $23,000 North American Title Agency
Rees Richard D $15,500 Fidelity Title
Marion Dominic J $16,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rose Dennis D $67,200
Previous Owner Rose Dennis D $60,000
Previous Owner Rose Dennis D $37,000
Previous Owner Rose Dennis D $19,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2014 05/19/14 Sold $26,000 -9.6% $27 / Sq Ft
05/03/2014 05/03/14 Pending -- -- --
03/04/2014 03/04/14 For Sale $28,750 0.0% $30 / Sq Ft
02/18/2014 02/18/14 Pending -- -- --
02/10/2014 02/10/14 Price Changed $28,750 -4.0% $30 / Sq Ft
01/15/2014 01/15/14 Price Changed $29,950 -4.9% $31 / Sq Ft
11/01/2013 11/01/13 For Sale $31,500 -- $33 / 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 $263 $2,459 -- --
2024 $258 $2,342 -- --
2023 $258 $9,830 $1,960 $7,870
2022 $249 $6,650 $1,330 $5,320
2021 $256 $5,970 $1,190 $4,780
2020 $249 $5,400 $1,080 $4,320
2019 $244 $4,260 $850 $3,410
2018 $237 $3,520 $700 $2,820
2017 $237 $2,960 $590 $2,370
2016 $232 $2,770 $550 $2,220
2015 $215 $2,610 $520 $2,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5023820

Arizona Regional Multiple Listing Service (ARMLS)

APN: 156-02-087