NOT LISTED FOR SALE

Estimated Value: $1,618,000 - $3,263,000

2 Beds
1 Bath
8,928 Sq Ft
0.92 Acres

Highlights

  • Fitness Center
  • Transportation Service
  • 0.92 Acre Lot
  • Phoenix Coding Academy Rated A
  • Gated Community
  • Contemporary Architecture

About This Home

As of February 2018

Call about our Move in Special...We have units from $1,300 - $1,400. The Wells @ 37th, is an 11-unit, midcentury modern, fully renovated loft styled ground Floor apartment situated in the urban & highly sought after Arcadia neighborhood. Apartment amenities include; in-suite laundry, stained concrete floors, granite countertops, and High-end stainless steel appliance packages with private greased patios. Why go the W Hotel when this newly-renovated resort style community has a new pool with loungers & umbrellas for you to enjoy just a few feet’s from your apartment free community cruiser bikes, & a communal BBQ with table / pergola for your personal use. Mix & mingle at popular eateries such as The Vig Arcadia, La Grande Orange Grocery, Postino WineCafe, Beckett’s Table, Crudo, Nook,

Last Agent to Rent the Property

Dario Lorenzo

Russ Lyon Sotheby's International Realty License #SA659481000 Listed on: 11/10/2017

Russ Lyon Sotheby's International Realty

Last Renter's Agent

Dario Lorenzo

My Home Group Real Estate License #SA659481000

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,264

Year Built

  • Built in 1962

Lot Details

  • Desert faces the front of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Sprinklers on Timer
  • Grass Covered Lot

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 8,928 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Concrete Flooring

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Shared Driveway
  • Community Parking Structure

Outdoor Features

  • Screened Patio
  • Gazebo
  • Built-In Barbecue

Location

  • Property is near a bus stop

Schools

  • Monte Vista Elementary School
  • Creighton Elementary Middle School
  • Camelback High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Property Available on 12/15/17
  • 12-Month Minimum Lease Term
  • Tax Lot 28
  • Assessor Parcel Number 127-23-018-A

Community Details

Overview

  • No Home Owners Association
  • Citrus Acres Lots 21 60 Subdivision

Recreation

  • Fitness Center
  • Community Pool

Additional Features

  • Transportation Service
  • Gated Community

Condo Details

Home Type

Condominium

Est. Annual Taxes

$9,264

Year Built

Built in 1962

Lot Details

0

Rental Info

  • Available Date: 2017-12-15

Listing Details

  • Cross Street: 40th st & Thomas
  • Legal Info Range: 3E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1962
  • Non Assistive Animals: Lessor Approval
  • Lease Term Minimum Lease Term Months: 12
  • Directions: East or West on Indian School. Right or Left on 36th St. Left on Clarendon Ave and Left on 37th St. Property is down the street on your Right.
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.92
  • Subdivision Name: CITRUS ACRES LOTS 21-60
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • Structure Type: Clustered
  • ResoBuildingAreaSource: Assessor
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Windows:Low-E: Yes
  • Construction Brick: Yes
  • Special Features: None

Interior Features

  • Flooring: Concrete
  • Basement YN: No
  • Furnished: Unfurnished
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Kitchen Island, High Speed Internet, Granite Counters
  • Living Area: 8928.0
  • Stories: 1
  • Window Features: Dual Pane, Low-E, Vinyl Frame
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:Workout Facility: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Transportation Svcs: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Built-in BBQ, Gazebo/Ramada, Patio, Screened in Patio(s)
  • Lot Features: Desert Front, Gravel/Stone Back, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: None
  • Construction Type: Painted, Block, Brick, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Built-in BBQ2: Yes
  • Exterior Features:GazeboRamada: Yes
  • Exterior Features:Screened in Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Community Structure, Shared Driveway
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Parking Features:Community Structure: Yes
  • Parking Features:Shared Driveway: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Laundry Features: Dryer Included, Washer Included
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Pool, Transportation Svcs, Near Bus Stop, Fitness Center
  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 40142.0
  • Parcel #: 127-23-018-A
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Book Number: 127.00
  • Tax Lot: 28
  • Tax Map Number: 23.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2018
Sold by
Trinity Apartments Lllp
Bought by
The Wells Apartment Llc
Current Estimated Value
$2,440,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,305,394
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$1,135,106

Purchase Details

Closed on
Nov 30, 2016
Sold by
Mcdonald Jacquelyn M and Mcdonald Family Trust
Bought by
Trinity Apartments Lllp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,014,000
Interest Rate
3.47%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 3, 2012
Sold by
Demers Sally and Estate Of Bruce W Mcdonald
Bought by
Mcdonald Jacquelyn M and Mcdonald Living Trust

Purchase Details

Closed on
Jul 1, 2006
Sold by
Mcdonald Lester D and Mcdonald Theresa M
Bought by
Mcdonald Sally and The Ltsm Investment Trust

Purchase Details

Closed on
Mar 14, 2005
Sold by
Mcdonald Lester D and Mcdonald Theresa M
Bought by
Mcdonald Bruce W

Purchase Details

Closed on
Jun 16, 2004
Sold by
Wells Apartments Llc
Bought by
Mcdonald Lester D and Mcdonald Theresa M

Purchase Details

Closed on
Jul 17, 2000
Sold by
Elliott Delbert H and Elliott Sandra L
Bought by
Dougherty Stephen R and Dougherty Erna K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,183
Interest Rate
8.15%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
The Wells Apartment Llc $2,150,000 American Title Service Agenc
Trinity Apartments Lllp $920,000 Fidelity Natl Title Agency I
Demers Laurence -- Fidelity Natl Title Agency
Mcdonald Jacquelyn M -- None Available
Mcdonald Sally -- Security Title Agency Inc
Mcdonald Bruce W $380,000 Security Title Agency Inc
Mcdonald Lester D $545,000 Chicago Title Insurance Co
Dougherty Stephen R $432,500 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Wells Apartment Llc $1,500,000
Previous Owner Trinity Apartments Lllp $1,014,000
Previous Owner Dougherty Stephen R $303,183
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2018 02/03/18 Price Changed $1,300 0.0% $0 / Sq Ft
02/01/2018 02/01/18 Rented $1,300 +0.1% --
01/25/2018 01/25/18 Price Changed $1,299 -0.1% $0 / Sq Ft
01/03/2018 01/03/18 Price Changed $1,300 +0.1% $0 / Sq Ft
12/13/2017 12/13/17 Price Changed $1,299 -0.1% $0 / Sq Ft
11/10/2017 11/10/17 For Rent $1,300 -- --
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 $9,264 $71,256 -- --
2024 $9,157 $67,863 -- --
2023 $9,157 $223,730 $44,740 $178,990
2022 $8,797 $171,100 $34,220 $136,880
2021 $9,012 $175,330 $35,060 $140,270
2020 $8,792 $101,600 $20,320 $81,280
2019 $8,730 $79,000 $15,800 $63,200
2018 $8,551 $66,920 $13,380 $53,540
2017 $4,668 $55,680 $11,130 $44,550
2016 $4,487 $47,780 $9,550 $38,230
2015 $4,174 $42,220 $8,440 $33,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5687173

Arizona Regional Multiple Listing Service (ARMLS)

APN: 127-23-018A