NOT LISTED FOR SALE

Estimated Value: $342,785 - $378,000

2 Beds
1 Bath
1,232 Sq Ft
$293/Sq Ft Est. Value

Last Sold August 17, 2020

Last sale price $220,000 $179 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,103/month

2 Days on Market

Highlights

  • 0.16 Acre Lot
  • Eat-In Kitchen
  • 1-Story Property
  • No HOA
  • Heating Available

About This Home

As of August 2020

Home Sold AS IS. Great for Fix & Flip. Close to ASU, Sky Harbor airport, the I-10 & 143. Near Arizona Mills. No HOA!! 2 bed / 1 bath w/carport. Home has large lot. Separate workshop with electricity. Enclosed AZ room off kitchen. Wired for alarm system. Buyer to verify all property & school info during due diligence period. Limited SPDS to be provided as Seller has never occupied property. Seller intends to enter into a tax-deferred exchange pursuant to I.R.C. §1031. Owner is an Arizona Licensed Realtor.

Last Listed By

Dan O'leary

Fraland Real Estate License #SA629518000 Listed on: 07/14/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,177

Year Built

  • Built in 1978

Lot Details

  • 7,031 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence

Parking

  • 2 Carport Spaces

Home Design

  • Fixer Upper
  • Wood Frame Construction
  • Foam Roof
  • Stucco

Interior Spaces

  • 1,232 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Schools

  • Frank Elementary School
  • Geneva Epps Mosley Middle School
  • Tempe High School

Utilities

  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by KNOELL
  • Knoell Gardens Amd Subdivision

Listing and Financial Details

  • Tax Lot 120
  • Assessor Parcel Number 123-22-126

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,177

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Cross Street: 48th Street & Baseline Rd
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Cooling HVAC SEER Rating: 13
  • Items Updated Ht Cool Yr Updated: 2014
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1978
  • Tax Year: 2019
  • Directions: Just north of Baseline
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.16
  • Co List Office Mls Id: fland01
  • Co List Office Phone: 480-492-7269
  • Subdivision Name: KNOELL GARDENS AMD
  • Architectural Style: Ranch
  • New Construction: No
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen
  • Living Area: 1232.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:None42: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Front, Natural Desert Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: None
  • Construction Type: Stucco, Frame - Wood
  • Property Condition: Fixer
  • Roof: Foam
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV Access/Parking
  • Attached Garage: No
  • Carport Spaces: 2.0
  • Parking Features:RV Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Frank Elementary School
  • High School: Tempe High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Geneva Epps Mosley Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7031.0
  • Parcel #: 123-22-126
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: KNOELL

Tax Info

  • Tax Annual Amount: 1177.0
  • Tax Book Number: 123.00
  • Tax Lot: 120
  • Tax Map Number: 22.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2020
Closed on
Jul 31, 2020
Sold by
Ellis Island Llc
Bought by
Palou Francisco Salamanca and Fernandez Rivero Blanca
Seller's Agent
Dan O'leary
Fraland Real Estate
Buyer's Agent
Walter Frklich
West USA Realty
List Price
$217,499
Sold Price
$220,000
Premium/Discount to List
$2,501
1.15%
Total Days on Market
2
Current Estimated Value
$360,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,946
Avg. Annual Appreciation
10.76%
Original Mortgage
$200,000
Outstanding Balance
$179,398
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$178,084

Purchase Details

Closed on
Mar 21, 2013
Sold by
Leary Daniel O
Bought by
Ellis Island Llc

Purchase Details

Closed on
Dec 12, 2011
Sold by
Jordan Elaine and Rogers William J
Bought by
Oleary Dan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,525
Interest Rate
3.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 26, 2007
Sold by
Jennings Elissa R
Bought by
Jennings Elissa R and Elissa R Jennings Family Living Trust

Purchase Details

Closed on
Apr 5, 1994
Sold by
Jennings Carlton W and Jennings Elissa R
Bought by
Jennings Carlton W and Jennings Elissa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,800
Interest Rate
7.15%

Purchase Details

Closed on
Feb 14, 1994
Sold by
Jennings Carlton W and Jennings Elissa R
Bought by
Jennings Carlton W and Jennings Elissa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,800
Interest Rate
7.15%

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
Palou Francisco Salamanca $220,000 Magnus Title Agency Llc
Ellis Island Llc -- Accommodation
Oleary Dan $63,700 Magnus Title Agency
Jennings Elissa R -- None Available
Jennings Carlton W -- Fidelity Title
Jennings Carlton W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palou Francisco Salamanca $200,000
Previous Owner Minton Berle Llc $825,000
Previous Owner Ellis Island Llc $336,000
Previous Owner Oleary Daniel $48,525
Previous Owner Jennings Carlton W $25,000
Previous Owner Jennings Carlton W $35,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2020 08/17/20 Sold $220,000 +1.1% $179 / Sq Ft
07/16/2020 07/16/20 Pending -- -- --
07/14/2020 07/14/20 For Sale $217,499 -- $177 / 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 $1,121 $11,579 -- --
2024 $1,108 $11,028 -- --
2023 $1,108 $26,950 $5,390 $21,560
2022 $1,058 $20,310 $4,060 $16,250
2021 $1,079 $18,210 $3,640 $14,570
2020 $1,043 $16,650 $3,330 $13,320
2019 $1,177 $14,560 $2,910 $11,650
2018 $995 $13,120 $2,620 $10,500
2017 $964 $11,520 $2,300 $9,220
2016 $960 $11,410 $2,280 $9,130
2015 $928 $11,180 $2,230 $8,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6103089

Arizona Regional Multiple Listing Service (ARMLS)

APN: 123-22-126