$233,500
SOLD JUL 31, 2018
2 Beds
2 Baths
1,344 Sq Ft
1,307 Sq Ft Lot

Recently Sold

$174 Per Sq Ft

76% Above List Price

11 Days on Market

Highlights

  • Gated Parking
  • Contemporary Architecture
  • Double Pane Windows
  • Phoenix Coding Academy Rated A
  • Balcony
  • Patio

About This Home

As of July 2018

Elegance and tranquility. Spacious 2 bed / 2 bath on the top floor of a mid-century modern sanctuary in the heart of mid-town. Freshly renovated and move-in ready – this unit is the best available in the building: Recessed lighting, contemporary finishes, North / South exposure, top floor, beautiful views, gated & covered parking, elegant community pool – a phenomenal value. This is THE ONE!

Owner/Agent

Last Agent to Sell the Property

Ian Vasquez

HomeSmart License #SA653860000 Listed on: 06/16/2018

HomeSmart

Last Buyer's Agent

Michael Hinz

HomeSmart License #SA545874000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,510

Year Built

  • Built in 1961

Lot Details

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

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Gated Parking
  • Assigned Parking
  • Community Parking Structure

Home Design

  • Contemporary Architecture
  • Foam Roof
  • Block Exterior

Interior Spaces

  • 1,344 Sq Ft Home
  • 3-Story Property
  • Double Pane Windows
  • Vinyl Clad Windows

Kitchen

  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • No Interior Steps
  • Stepless Entry

Outdoor Features

  • Balcony
  • Patio

Schools

  • Clarendon Elementary School
  • Osborn Middle School
  • Central High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Pierre On Fifth Association, Phone Number (602) 861-5980
  • Pierre On 5Th Avenue Condominium Amd Subdivision

Listing and Financial Details

  • Tax Lot 302
  • Assessor Parcel Number 118-30-333

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,510

Year Built

Built in 1961

Lot Details

0

Parking

1

Listing Details

  • Cross Street: 5th Ave and Osborn
  • Legal Info Range: 3E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 299.0
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2018
  • Updated Wiring: Partial
  • Items Updated Wiring Yr Updated: 2018
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1961
  • Tax Year: 2017
  • Directions: Go North on 5th Ave from Osborn. Pierre is the first building on the West behind Safeway.
  • Property Sub Type: Apartment Style/Flat
  • Lot Size Acres: 0.03
  • Subdivision Name: PIERRE ON 5TH AVENUE CONDOMINIUM AMD
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 299.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: None
  • Accessibility Features: Zero-Grade Entry
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Elevator, No Interior Steps, Full Bth Master Bdrm
  • Living Area: 1344.0
  • Stories: 3
  • Window Features: Vinyl Frame, Double Pane Windows
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Other Rooms:Family Room: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Balcony, Patio
  • Lot Features: Grass Front
  • Pool Features: None
  • Disclosures: Other (See Remarks)
  • Common Walls: Two Common Walls
  • Construction Type: Painted, Block
  • Roof: Foam
  • Construction:Block: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Electric Door Opener, Assigned, Community Structure, Gated
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Gated Parking: Yes
  • Parking Features:Community Structure: Yes

Utilities

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

Condo/Co-op/Association

  • Amenities: Rental OK (See Rmks)
  • Association Fee Frequency: Monthly
  • Association Name: Pierre on Fifth
  • Phone: 602-861-5980
  • 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: Pierre on Fifth
  • Association Fees:HOA Telephone4: 6028615980
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1500.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • 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:Pest Control: Yes

Schools

  • Elementary School: Clarendon School
  • High School: Central High School
  • Middle Or Junior School: Osborn Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1371.0
  • Parcel #: 118-30-333
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1510.0
  • Tax Book Number: 118.00
  • Tax Lot: 302
  • Tax Map Number: 30.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2018
Closed on
Jul 5, 2018
Sold by
Vmi Investments Llc
Bought by
Hinz Matthew E
Seller's Agent
Ian Vasquez
HomeSmart
Buyer's Agent
Michael Hinz
HomeSmart
List Price
$132,550
Sold Price
$233,500
Premium/Discount to List
$100,950
76.16%
Total Days on Market
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.95%
Original Mortgage
$201,150
Outstanding Balance
$176,144
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$170,702

Purchase Details

Closed on
May 7, 2018
Sold by
Zak Ventures Llc
Bought by
Vmi Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,150
Outstanding Balance
$176,144
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$170,702

Purchase Details

Closed on
Apr 5, 2018
Sold by
Martinez Michael A
Bought by
Zak Ventures Llc

Purchase Details

Closed on
May 28, 2015
Sold by
Schwegmann Russell
Bought by
Martinez Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
3.18%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Feb 23, 2012
Sold by
Martinez Michael A and Schwegmann Russell
Bought by
Martinez Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
2.74%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jun 3, 2011
Sold by
Martinez Michael A
Bought by
Martinez Michael A and Schwegmann Russell

Purchase Details

Closed on
Jan 11, 2011
Sold by
Martinez Michael A and Schwegmann Russell
Bought by
Martinez Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,000
Interest Rate
4.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 12, 2010
Sold by
Martinez Michael A
Bought by
Martinez Michael A and Schwegmann Russell

Purchase Details

Closed on
Jul 16, 2010
Sold by
Fifth On Pierre Llc
Bought by
Martinez Michael A
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 Type Sale Price Title Company
Warranty Deed $223,500 Empire West Title Agency Llc
Warranty Deed $189,900 Empire West Title Agency Llc
Warranty Deed $147,500 Empire West Title Agency Llc
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Title Source Inc
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Cash Sale Deed $120,950 Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $201,150 New Conventional
Previous Owner $292,500 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $135,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $7,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2025 06/02/25 For Sale $350,000 +49.9% $260 / Sq Ft
07/31/2018 07/31/18 Sold $233,500 +0.4% $174 / Sq Ft
06/16/2018 06/16/18 Price Changed $232,550 +75.4% $173 / Sq Ft
06/15/2018 06/15/18 For Sale $132,550 -- $99 / 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 $1,881 $17,052 -- --
2024 $1,811 $16,240 -- --
2023 $1,811 $24,500 $4,900 $19,600
2022 $1,803 $20,510 $4,100 $16,410
2021 $1,856 $20,380 $4,070 $16,310
2020 $1,806 $19,050 $3,810 $15,240
2019 $1,722 $18,550 $3,710 $14,840
2018 $1,885 $16,910 $3,380 $13,530
2017 $1,510 $15,080 $3,010 $12,070
2016 $1,454 $16,770 $3,350 $13,420
2015 $1,354 $14,630 $2,920 $11,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5781415

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-30-333