NOT LISTED FOR SALE

2902 E Michigan Ave Phoenix, AZ 85032

Paradise Valley Village Neighborhood

Estimated Value: $345,380 - $361,000

2 Beds
1 Bath
912 Sq Ft
$386/Sq Ft Est. Value

Last Sold June 27, 2014

Last sale price $149,000 $163 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $1,937/month

20 Days on Market

Highlights

  • RV Gated
  • Granite Countertops
  • Covered Patio or Porch
  • Paradise Valley High School Rated A
  • No HOA
  • Eat-In Kitchen

About This Home

As of June 2014

Totally upgraded, granite, stainless steel appliances, new fixtures in bathroom and throughout home, new cover patio 50x10,and RV gate. Owner related to listing agent.

Last Agent to Sell the Property

Janice Motiu

Realty ONE Group License #SA503817000 Listed on: 05/11/2014

Last Buyer's Agent

Gregory Stahl

HomeSmart Lifestyles License #SA647016000

HomeSmart Lifestyles

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $778

Year Built

  • Built in 1986

Lot Details

  • 6,884 Sq Ft Lot
  • Desert faces the front of the property
  • Wood Fence
  • Block Wall Fence

Parking

  • 2 Car Garage
  • RV Gated

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 912 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Low Emissivity Windows
  • Laundry in unit

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Covered Patio or Porch

Schools

  • Campo Bello Elementary School
  • Vista Verde Middle School
  • North Canyon High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Community Details

  • No Home Owners Association
  • Pepper Ridge Subdivision

Listing and Financial Details

  • Tax Lot 124
  • Assessor Parcel Number 214-02-301

Home Details

Home Type

Single Family

Est. Annual Taxes

$778

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Union Hills & 29th St.
  • Legal Info Range: 3E
  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • 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: 1986
  • Tax Year: 2013
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.16
  • Subdivision Name: Pepper Ridge
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 163.38
  • Windows:Dual Pane: Yes
  • Windows:Low-E: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: None
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Double Vanity, Granite Counters
  • Living Area: 912.0
  • Stories: 1
  • Window Features: Double Pane Windows, Low Emissivity Windows
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes

Exterior Features

  • Fencing: Block, Wood
  • Exterior Features: Covered Patio(s)
  • Lot Features: Desert Front
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV Gate
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:RV Gate: Yes

Utilities

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

Condo/Co-op/Association

  • Amenities: Not Managed, None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Schools

  • Elementary School: Campo Bello Elementary School
  • High School: North Canyon High School
  • Middle Or Junior School: Vista Verde Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6884.0
  • Parcel #: 214-02-301
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 777.74
  • Tax Book Number: 214.00
  • Tax Lot: 124
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2014
Closed on
Jun 26, 2014
Sold by
Motiu Daniel Michael and Motiu Viorel
Bought by
Speidel Frederick C
Seller's Agent
Janice Motiu
Realty ONE Group
Buyer's Agent
Gregory Stahl
HomeSmart Lifestyles
List Price
$149,500
Sold Price
$149,000
Premium/Discount to List
-$500
-0.33%
Current Estimated Value
$352,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,345
Avg. Annual Appreciation
7.83%
Original Mortgage
$146,301
Outstanding Balance
$113,850
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$238,495

Purchase Details

Listed on
May 14, 2012
Closed on
Jun 4, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Motiu Daniel Michael
Seller's Agent
Jeffrey Williams
Arizona Residential Realty
Buyer's Agent
Janice Motiu
Realty ONE Group
List Price
$69,900
Sold Price
$70,000
Premium/Discount to List
$100
0.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.35%

Purchase Details

Closed on
Apr 18, 2012
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Mar 20, 2012
Sold by
Sliz Douglas A
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jan 22, 2004
Sold by
Sliz Benjamin E and Sliz Janet
Bought by
Sliz Douglas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 1998
Sold by
Colosimo Michael P and Colosimo Lorraine
Bought by
Sliz Benjamin E and Sliz Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
7.13%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Speidel Frederick C $149,000 Chicago Title Agency Inc
Motiu Daniel Michael -- None Available
Federal Home Loan Mortgage Corp -- Accommodation
Wells Fargo Bank Na $91,897 Security Title Agency
Sliz Douglas A $90,000 Capital Title Agency Inc
Sliz Benjamin E $70,000 Arizona Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Speidel Frederick C $146,301
Previous Owner Sliz Douglas A $85,500
Previous Owner Sliz Benjamin E $56,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2014 06/27/14 Sold $149,000 -0.3% $163 / Sq Ft
06/02/2014 06/02/14 For Sale $149,500 +0.3% $164 / Sq Ft
06/02/2014 06/02/14 Off Market $149,000 -- --
05/20/2014 05/20/14 Price Changed $149,500 -0.3% $164 / Sq Ft
05/10/2014 05/10/14 For Sale $149,900 +114.1% $164 / Sq Ft
06/18/2012 06/18/12 Sold $70,000 +0.1% $77 / Sq Ft View Prior Sale
05/22/2012 05/22/12 Pending -- -- --
05/14/2012 05/14/12 For Sale $69,900 -- $77 / 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 $980 $11,323 -- --
2024 $934 $10,783 -- --
2023 $934 $23,420 $4,680 $18,740
2022 $925 $17,480 $3,490 $13,990
2021 $940 $16,020 $3,200 $12,820
2020 $908 $14,880 $2,970 $11,910
2019 $912 $13,770 $2,750 $11,020
2018 $879 $12,100 $2,420 $9,680
2017 $839 $11,130 $2,220 $8,910
2016 $826 $10,250 $2,050 $8,200
2015 $766 $8,520 $1,700 $6,820
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Janice Motiu

    Realty One Group

    (623) 334-3744

    3 Total Sales

    Janice Motiu
    Section Image
  • Gregory Stahl

    Buyer's Agent in 2014

    Gregory Stahl

    HomeSmart Lifestyles

    (480) 560-5385

    1 in this area

    23 Total Sales

    Gregory Stahl
    Section Image

  • J

    Seller's Agent in 2012

    Jeffrey Williams

    Arizona Residential Realty

  • Kristi Mendez

    Seller Co-Listing Agent in 2012

    Kristi Mendez

    eXp Realty

    (602) 616-3293

    16 Total Sales

    Kristi Mendez
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5113931

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-02-301

Arizona Maricopa County Phoenix 85032 Paradise Valley Village

2902 E Michigan Ave, Phoenix, AZ

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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