NOT LISTED FOR SALE

Estimated Value: $244,000 - $303,000

1 Bed
1 Bath
869 Sq Ft
$261/mo HOA Fee

Last Sold October 12, 2021

Last sale price $275,000 $316 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,812/month

73 Days on Market

Highlights

  • Private Pool
  • Furnished
  • Covered Patio or Porch
  • Phoenix Coding Academy Rated A
  • Granite Countertops
  • Detached Garage

About This Home

As of October 2021

*RENTED INTO 2022 @ $2,400 / MONTH* Beautifully Remodeled Mid-Century Modern 1/1 Condo in perfect Biltmore location. HOA Fees cover Heat/AC/Water. Lighted and Covered Parking. Fully furnished mid-term rental ready. Perfect investment property. Prop Mgr can continue. Full set of furnishings and accessories available outside of escrow. Complex has a beautiful green area in the center of the buildings, and large pool. Laundry IN the unit. Large custom closet, newer cabinets, new countertops and plumbing fixtures. Custom stone tile.
Mid-Term Professional Tenant until 11/7/21.

Multiple members of owning LLC hold active real estate licenses in the state of Arizona.

Last Agent to Sell the Property

Tyler Sorenson

Venture REI, LLC License #SA662379000 Listed on: 06/28/2021

Venture REI, LLC

Co-Listed By

Steve Sorenson

Venture REI, LLC License #SA556750000

Last Buyer's Agent

Tyler Sorenson

Venture REI, LLC License #SA662379000 Listed on: 06/28/2021

Venture REI, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $755

Year Built

  • Built in 1960

Lot Details

  • 871

HOA Fees

  • $261 Monthly HOA Fees

Home Design

  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 869 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan

Kitchen

  • Kitchen Updated in 2021
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathroom Updated in 2021
  • Primary Bathroom is a Full Bathroom
  • 1 Bathroom

Parking

  • Detached Garage
  • 1 Carport Space
  • Common or Shared Parking
  • Assigned Parking
  • Community Parking Structure

Pool

  • Private Pool
  • Fence Around Pool

Schools

  • Tavan Elementary School
  • Ingleside Middle School
  • Arcadia High School

Utilities

  • Central Air
  • Heating Available
  • Plumbing System Updated in 2021
  • Wiring Updated in 2021
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered Patio or Porch
  • Grass Covered Lot

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 170-13-083

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, ground maintenance, front yard maint, air conditioning and heating, trash, water, roof replacement, maintenance exterior
  • Osselaer Association, Phone Number (602) 277-4418
  • Martinique Subdivision

Amenities

  • Recreation Room
  • Laundry Facilities

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$755

Year Built

Built in 1960

Lot Details

0

HOA Fees

$261 per month

Listing Details

  • Cross Street: 32nd Street
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 261.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2021
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2021
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2021
  • Updated Wiring: Partial
  • Items Updated Wiring Yr Updated: 2021
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1960
  • Tax Year: 2020
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Co List Office Mls Id: vrei01
  • Co List Office Phone: 480-409-9000
  • Subdivision Name: MARTINIQUE
  • Property Attached Yn: Yes
  • General Property Description:PriceSqFt: 316.45
  • Association Fees:HOA Fee2: 261.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Furnished(See Rmrks), No Interior Steps, Full Bth Master Bdrm
  • Living Area: 869.0
  • Stories: 2
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Community Laundry: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Grass Back
  • Pool Features: Fenced, Private
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Built-Up
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Assigned, Detached, Community Structure, Common
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Detached: Yes
  • Parking Features:Community Structure: Yes
  • Parking Features:Common: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water

Condo/Co-op/Association

  • Community Features: Community Pool, Community Laundry
  • Association Fee: 261.0
  • Association Fee Frequency: Monthly
  • Association Name: The Martinique Assoc
  • Phone: 602-277-4418
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 250.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: The Martinique Assoc
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Osselaer
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fee Incl:Air CondHeating: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Maintenance Grounds, Front Yard Maint, Air Cond/Heating, Trash, Water, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Tavan Elementary School
  • High School: Arcadia High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Ingleside Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 781.0
  • Parcel #: 170-13-083

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 755.0
  • Tax Book Number: 170.00
  • Tax Lot: 1
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2021
Closed on
Oct 7, 2021
Sold by
Vrip 2 Llc
Bought by
Boppe Malleswara
Seller's Agent
Tyler Sorenson
Venture REI, LLC
Buyer's Agent
Tyler Sorenson
Venture REI, LLC
List Price
$279,000
Sold Price
$275,000
Premium/Discount to List
-$4,000
-1.43%
Current Estimated Value
$284,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,606
Avg. Annual Appreciation
0.81%
Original Mortgage
$206,250
Outstanding Balance
$188,081
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$96,525

Purchase Details

Listed on
Oct 23, 2020
Closed on
Dec 30, 2020
Sold by
Hines Cheney
Bought by
Vrip 2 Llc
Seller's Agent
Laura Briggs
Russ Lyon Sotheby's International Realty
Buyer's Agent
Tyler Sorenson
Venture REI, LLC
List Price
$200,000
Sold Price
$195,000
Premium/Discount to List
-$5,000
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.20%
Original Mortgage
$131,100
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 7, 2015
Closed on
Apr 28, 2015
Sold by
Spider Rams Investments Llc
Bought by
Hines Cheney
Seller's Agent
Mark Antonino
Realty ONE Group
Buyer's Agent
Jordanna Morris
Realty ONE Group
List Price
$105,000
Sold Price
$104,000
Premium/Discount to List
-$1,000
-0.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.66%
Original Mortgage
$82,400
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 3, 2014
Closed on
Jan 27, 2014
Sold by
Spahle Matt
Bought by
Spiderrams Investments Llc
Seller's Agent
Amber Gibbs
Acquisition Sciences Ltd.
Buyer's Agent
Lloyd Fox
1912 Realty
List Price
$104,900
Sold Price
$97,500
Premium/Discount to List
-$7,400
-7.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.30%
Original Mortgage
$78,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2011
Sold by
Spahle Natalie Opinsky
Bought by
Spahle Matt

Purchase Details

Closed on
Feb 11, 2011
Sold by
Simms Kevin M and Cash Fast Finance Llc
Bought by
Spahle Matt

Purchase Details

Closed on
Aug 1, 2006
Sold by
Simms Kevin Mark
Bought by
Club Investments Llc

Purchase Details

Closed on
Feb 1, 2001
Sold by
Ullerich Charles G
Bought by
Simms Kevin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
9.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 1997
Sold by
Naccarati Joe
Bought by
Ullerich Charles G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,400
Interest Rate
7.61%
Mortgage Type
New Conventional
Source: Public Records
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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
Boppe Malleswara $275,000 Security Title Agency Inc
Vrip 2 Llc $195,000 Security Title Agency
Hines Cheney $103,000 Lawyers Title
Spiderrams Investments Llc $97,500 Professional Title Agency
Spahle Matt -- None Available
Spahle Matt $27,251 None Available
Club Investments Llc -- None Available
Simms Kevin M $60,000 Old Republic Title Agency
Ullerich Charles G $42,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boppe Malleswara $206,250
Previous Owner Vrip 2 Llc $131,100
Previous Owner Hines Cheney $82,400
Previous Owner Spiderrams Investments Llc $78,000
Previous Owner Simms Kevin M $48,000
Previous Owner Ullerich Charles G $29,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/12/2021 10/12/21 Sold $275,000 -1.4% $316 / Sq Ft
09/09/2021 09/09/21 Pending -- -- --
08/26/2021 08/26/21 For Sale $279,000 0.0% $321 / Sq Ft
08/26/2021 08/26/21 Pending -- -- --
08/25/2021 08/25/21 Price Changed $279,000 -2.1% $321 / Sq Ft
08/15/2021 08/15/21 Price Changed $284,900 -1.7% $328 / Sq Ft
08/05/2021 08/05/21 Price Changed $289,900 -0.9% $334 / Sq Ft
07/30/2021 07/30/21 Price Changed $292,490 -0.8% $337 / Sq Ft
07/18/2021 07/18/21 Price Changed $294,990 0.0% $339 / Sq Ft
06/28/2021 06/28/21 For Sale $295,000 +51.3% $339 / Sq Ft
01/07/2021 01/07/21 Sold $195,000 -2.5% $224 / Sq Ft View Prior Sale
01/05/2021 01/05/21 Price Changed $200,000 0.0% $230 / Sq Ft
11/16/2020 11/16/20 Pending -- -- --
10/21/2020 10/21/20 For Sale $200,000 +92.3% $230 / Sq Ft
04/30/2015 04/30/15 Sold $104,000 -1.0% $120 / Sq Ft View Prior Sale
03/13/2015 03/13/15 Pending -- -- --
03/07/2015 03/07/15 For Sale $105,000 +7.7% $121 / Sq Ft
01/30/2014 01/30/14 Sold $97,500 -7.1% $112 / Sq Ft View Prior Sale
01/11/2014 01/11/14 Pending -- -- --
01/03/2014 01/03/14 For Sale $104,900 -- $121 / 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 $918 $6,876 -- --
2024 $883 $6,548 -- --
2023 $883 $19,180 $3,830 $15,350
2022 $849 $15,430 $3,080 $12,350
2021 $870 $14,070 $2,810 $11,260
2020 $755 $12,220 $2,440 $9,780
2019 $751 $10,420 $2,080 $8,340
2018 $734 $9,010 $1,800 $7,210
2017 $704 $8,480 $1,690 $6,790
2016 $676 $8,610 $1,720 $6,890
2015 $630 $5,420 $1,080 $4,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6257839

Arizona Regional Multiple Listing Service (ARMLS)

APN: 170-13-083