NOT LISTED FOR SALE

Estimated Value: $417,000 - $478,000

2 Beds
2 Baths
1,289 Sq Ft
$199/mo HOA Fee

Last Sold May 17, 2022

Last sale price $465,000 $361 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,786/month

14 Days on Market

Highlights

  • Contemporary Architecture
  • Community Pool
  • Eat-In Kitchen
  • Phoenix Coding Academy Rated A
  • Covered Patio or Porch
  • Tile Flooring

About This Home

As of May 2022

Great location in Arcadia area. Walk to the best restaurants in the area. Recently updated, open floor plan in a quiet community. Newer AC, appliances range, refrigerator clothes washer and dryer. Custom sun blocking blinds and other upgrades. Rare opportunity to own a great property in a highly sought after part of town. Turn key property.

Last Agent to Sell the Property

Ric Valverde

HomeSmart License #SA694307000 Listed on: 04/12/2022

HomeSmart

Last Buyer's Agent

Dan Harach

HomeSmart License #SA575941000

HomeSmart

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,237

Year Built

  • Built in 1964

Lot Details

  • Desert faces the front of the property
  • Wrought Iron Fence
  • Front Yard Sprinklers

HOA Fees

  • $199 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Foam Roof
  • Block Exterior

Interior Spaces

  • 1,289 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • ENERGY STAR Qualified Appliances
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Bathtub With Separate Shower Stall

Parking

  • 2 Open Parking Spaces
  • 1 Carport Space
  • Assigned Parking

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating

Outdoor Features

  • Play Pool
  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Biltmore Preparatory Academy Elementary And Middle School
  • Camelback High School

Utilities

  • Central Air
  • Heating Available
  • Water Purifier
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 170-26-063

Community Details

Overview

  • Association fees include insurance, sewer, pest control, ground maintenance, front yard maint, trash, water, maintenance exterior
  • Arcadia Villa Rey Association, Phone Number (602) 956-2041
  • Arcadia Villa Rey Townhomes Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,237

Year Built

Built in 1964

Lot Details

0

HOA Fees

$199 per month

Listing Details

  • Cross Street: 40th street and Montecito Ave
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 199.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2019
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2019
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2019
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2019
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1964
  • Tax Year: 2021
  • Directions: From Camelback south on 40th Street to Montecito (west) right to 3650 on right side of the street
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.03
  • Subdivision Name: ARCADIA VILLA REY TOWNHOMES
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 199.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Water Purifier
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, Breakfast Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 1289.0
  • Stories: 1
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Storage
  • Lot Features: Desert Front, Gravel/Stone Front, Irrigation Front
  • Pool Features: Play Pool
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Foam
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Assigned
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Open Parking Spaces: 2.0
  • Parking Features:Assigned Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating: ENERGY STAR Qualified Equipment, Electric
  • Laundry Features: Engy Star (See Rmks)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes
  • Heating:ENERGY STAR Qualified Equipment2: Yes

Condo/Co-op/Association

  • Community Features: Community Pool
  • Association Fee: 199.0
  • Association Fee Frequency: Monthly
  • Association Name: Arcadia Villa Rey
  • Phone: 602-956-2041
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Arcadia Villa Rey
  • Association Fees:HOA Telephone4: 602-956-2041
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: 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

Fee Information

  • Association Fee Includes: Insurance, Sewer, Pest Control, Maintenance Grounds, Front Yard Maint, Trash, Water, Maintenance Exterior

Schools

  • Elementary School: Biltmore Preparatory Academy
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Biltmore Preparatory Academy

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1289.0
  • Parcel #: 170-26-063

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1237.0
  • Tax Book Number: 170.00
  • Tax Lot: 13
  • Tax Map Number: 26.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2022
Closed on
May 13, 2022
Sold by
Ricardo Valverde Revocable Trust
Bought by
Berg Anne Marie
Seller's Agent
Ric Valverde
HomeSmart
Buyer's Agent
Dan Harach
HomeSmart
List Price
$449,500
Sold Price
$465,000
Premium/Discount to List
$15,500
3.45%
Current Estimated Value
$453,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,752
Avg. Annual Appreciation
-1.37%
Original Mortgage
$372,000
Outstanding Balance
$317,774
Interest Rate
4.48%
Mortgage Type
New Conventional
Estimated Equity
$126,903

Purchase Details

Listed on
May 4, 2017
Closed on
Jun 19, 2017
Sold by
Reynolds Casey J
Bought by
Valverde Ricardo and Ricardo Valverde Revocable Trust
Seller's Agent
Mark Nageotte
HomeSmart
Buyer's Agent
Bob Lafferty
HomeSmart
List Price
$215,000
Sold Price
$199,000
Premium/Discount to List
-$16,000
-7.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.17%

Purchase Details

Closed on
Aug 16, 2011
Sold by
Kovack Cynthia L
Bought by
Reynolds Casey J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,500
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2005
Sold by
Cullinan Robert C and Cullinan Phyllis A
Bought by
Kovack Cynthia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
5.6%
Mortgage Type
New Conventional
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
Berg Anne Marie $465,000 Equity Title
Valverde Ricardo $199,000 Clear Title Agency Of Arizon
Reynolds Casey J $110,000 Magnus Title Agency
Kovack Cynthia L $155,000 Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berg Anne Marie $372,000
Previous Owner Valverde Ricardo $150,000
Previous Owner Reynolds Casey J $104,500
Previous Owner Kovack Cynthia L $55,000
Closed Kovack Cynthia L $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2022 05/17/22 Sold $465,000 +3.4% $361 / Sq Ft
04/18/2022 04/18/22 Pending -- -- --
04/04/2022 04/04/22 For Sale $449,500 +125.9% $349 / Sq Ft
07/17/2017 07/17/17 Sold $199,000 -0.5% $153 / Sq Ft
06/01/2017 06/01/17 Pending -- -- --
05/29/2017 05/29/17 Price Changed $199,900 -7.0% $154 / Sq Ft
05/04/2017 05/04/17 For Sale $215,000 -- $165 / 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 $1,260 $10,969 -- --
2024 $1,245 $10,446 -- --
2023 $1,245 $26,160 $5,230 $20,930
2022 $1,192 $20,270 $4,050 $16,220
2021 $1,237 $19,660 $3,930 $15,730
2020 $1,204 $19,410 $3,880 $15,530
2019 $1,198 $18,960 $3,790 $15,170
2018 $1,171 $15,980 $3,190 $12,790
2017 $1,124 $15,280 $3,050 $12,230
2016 $1,078 $15,530 $3,100 $12,430
2015 $1,005 $9,250 $1,850 $7,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6378585

Arizona Regional Multiple Listing Service (ARMLS)

APN: 170-26-063