NOT LISTED FOR SALE

Estimated Value: $338,000

2 Beds
2 Baths
935 Sq Ft
871 Sq Ft Lot

Highlights

  • Gated Community
  • Granite Countertops
  • Eat-In Kitchen
  • Phoenix Coding Academy Rated A
  • Community Pool
  • Patio

About This Home

As of December 2017

**$895 MOVE IN SPECIAL!!! 1 MONTH FREE WITH 13 MONTH LEASE ON APPROVED CREDIT!!!** Beautiful garden-style condominium community located in south Arcadia. Minutes from Valley hotspots, downtown entertainment, and easy access to the freeway system. This 2 bed/2 bath condo is equipped with in-suite laundry, private patio/backyard, spacious kitchen and large closets. Common area amenities include a swimming pool, grilling station, outdoor fireplace, and covered parking.

Last Agent to Rent the Property

Irina Noll

HomeRiver Group License #BR579629000 Listed on: 11/29/2017

Last Renter's Agent

Lyn Hall

Coldwell Banker Realty License #BR023869000

Coldwell Banker Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $773

Year Built

  • Built in 1965

Lot Details

  • Two or More Common Walls
  • Block Wall Fence
  • Grass Covered Lot

Home Design

  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 935 Sq Ft Home
  • 1-Story Property

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Patio
  • Built-In Barbecue

Location

  • Property is near a bus stop

Schools

  • Monte Vista Elementary School
  • Camelback High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Listing and Financial Details

  • Property Available on 12/7/17
  • Rent includes water, sewer, garbage collection
  • 12-Month Minimum Lease Term
  • Tax Lot 109
  • Assessor Parcel Number 127-20-198

Community Details

Overview

  • Property has a Home Owners Association
  • Property Frameworks Association, Phone Number (480) 970-1999
  • Melrose Place Condominium Subdivision

Recreation

  • Community Pool

Security

  • Gated Community

Condo Details

Home Type

Condominium

Est. Annual Taxes

$773

Year Built

Built in 1965

Lot Details

0

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: Water, Sewer, Garbage Collection
  • Available Date: 2017-12-07

Listing Details

  • Cross Street: 40th Street and Indian School
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1965
  • Rental Info H O A Name: Property Frameworks
  • Non Assistive Animals: Lessor Approval
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: MELROSE PLACE CONDOMINIUM
  • Property Attached Yn: Yes
  • Structure Type: String
  • ResoBuildingAreaSource: Assessor
  • Dining Area:Breakfast Bar: Yes
  • Laundry Features Inside: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Furnished: Unfurnished
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Full Bth Master Bdrm, Granite Counters
  • Living Area: 935.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Other, Patio, Built-in Barbecue
  • Lot Features: Grass Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: None
  • Common Walls: Two Common Walls
  • Construction Type: Painted, Block
  • Roof: Built-Up
  • Construction:Block: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:BBQ: Yes
  • Exterior Features:Other6: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Assigned
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Parking Features:Assigned Parking: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Pool, Near Bus Stop
  • Association Name: Property Frameworks
  • Phone: 480-970-1999
  • Association: Yes

Schools

  • Elementary School: Monte Vista Elementary School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Monte Vista Elementary School

Lot Info

  • Lot Size Sq Ft: 935.0
  • Parcel #: 127-20-198
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Book Number: 127.00
  • Tax Lot: 109
  • Tax Map Number: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2015
Sold by
Paz Development Melrose Place Llc
Bought by
Fox Melrose Place Llc
Current Estimated Value
$338,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,425,000
Outstanding Balance
$1,129,675
Interest Rate
3.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$816,675
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
Fox Melrose Place Llc $1,900,000 Chicago Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fox Melrose Place Llc $1,425,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2017 12/29/17 Rented $1,300 +2.0% --
12/13/2017 12/13/17 Under Contract -- -- --
11/29/2017 11/29/17 For Rent $1,275 +6.3% --
02/13/2015 02/13/15 Rented $1,199 0.0% --
02/10/2015 02/10/15 Under Contract -- -- --
01/23/2015 01/23/15 For Rent $1,199 -- --
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 $773 $5,946 -- --
2024 $764 $5,663 -- --
2023 $764 $17,810 $3,520 $14,290
2022 $734 $16,570 $3,270 $13,300
2021 $752 $14,870 $2,940 $11,930
2020 $734 $12,710 $2,510 $10,200
2019 $729 $7,450 $260 $7,190
2018 $714 $5,920 $210 $5,710
2017 $686 $4,660 $160 $4,500
2016 $659 $5,390 $1,050 $4,340
2015 $613 $4,680 $910 $3,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5692989

Arizona Regional Multiple Listing Service (ARMLS)

APN: 127-20-203K