NOT LISTED FOR SALE

Estimated Value: $214,000 - $229,000

1 Bed
1 Bath
693 Sq Ft
$181/mo HOA Fee

Last Sold June 24, 2014

Last sale price $80,000 $115 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $1,426/month

133 Days on Market

Highlights

  • Fitness Center
  • Mountain View
  • Heated Community Pool
  • Kyrene de los Lagos School Rated A
  • Community Lake
  • Tennis Courts

About This Home

As of June 2014

An acquired home, NOT a short sale. This home shows well. Priced to sell and sold as-is. Please submit LSR if financed or proof of funds if cash , Questionnaire and Affidavit of Owner Occupancy with offer (see document section).

Last Agent to Sell the Property

Brandon La Forest

American Scene Real Estate License #BR005994000 Listed on: 12/26/2013

Last Buyer's Agent

Linda Hurth

Maricopa Home Realty License #BR536989000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $620

Year Built

  • Built in 1995

Lot Details

  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 693 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary Bathroom is a Full Bathroom
  • 1 Bathroom

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Patio
  • Playground

Schools

  • Kyrene De Las Lomas Elementary School
  • Kyrene Akimel A Middle School
  • Desert Vista High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1147
  • Assessor Parcel Number 306-04-287

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, ground maintenance, trash, roof replacement, maintenance exterior
  • City Property Mngt. Association, Phone Number (602) 437-4777
  • Lakewood Community Association, Phone Number (602) 906-4940
  • Association Phone (602) 906-4940
  • Portofino Condominium Subdivision
  • Community Lake

Amenities

  • Recreation Room

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$620

Year Built

Built in 1995

Lot Details

0

HOA Fees

$181 per month

Listing Details

  • Cross Street: 40th St and Chandler Blvd
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: LAKEWOOD COMMUNITY
  • HOA #2 Phone Number: 602-906-4940
  • HOA #2 Transfer Fee: 310.0
  • HOA #2: Y
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 180.83
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1995
  • Tax Year: 2013
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: Portofino Condominium
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 150.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, Pantry, Full Bth Master Bdrm
  • Living Area: 693.0
  • Stories: 1
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Playground
  • Lot Features: Grass Front
  • Pool Features: None
  • View: Mountain(s)
  • Disclosures: None
  • Construction Type: Stucco, Wood Frame
  • Patio And Porch Features: Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Lake, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Tennis Court(s), Playground, Biking/Walking Path, Fitness Center
  • Association #2 Fee: 185.0
  • Association #2 Fee Frequency: Semi-Annually
  • Association Fee: 150.0
  • Association Fee Frequency: Monthly
  • Association: LAKEWOOD COMMUNITY
  • Association Name: City Property Mngt.
  • Association Phone #2: 602-906-4940
  • Phone: 602-437-4777
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: City Property Mngt.
  • Association Fees:HOA Telephone4: 602-437-4777
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Paid Frequency 2: Semi-Annually
  • 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:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Maintenance Grounds, Trash, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Kyrene de las Lomas School
  • High School: Desert Vista High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Kyrene Akimel A-Al Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 764.0
  • Parcel #: 306-04-287

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Annual Amount: 620.0
  • Tax Book Number: 306.00
  • Tax Lot: 1147
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2013
Closed on
Jun 3, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Kelly Margaret Mcinnis
Seller's Agent
Brandon La Forest
American Scene Real Estate
Buyer's Agent
Linda Hurth
Maricopa Home Realty
List Price
$99,900
Sold Price
$80,000
Premium/Discount to List
-$19,900
-19.92%
Current Estimated Value
$223,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,739
Avg. Annual Appreciation
9.52%
Original Mortgage
$76,000
Outstanding Balance
$57,889
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$164,394

Purchase Details

Closed on
Mar 3, 2014
Sold by
Jpmorgan Chase Bank National Association
Bought by
Federal Home Loan Mortgage Corporation and Freddie Mac

Purchase Details

Closed on
Dec 4, 2013
Sold by
Neargarder Deborah and Madrigal Stephanie
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Jun 20, 2006
Sold by
Portofino Condominiums Llc
Bought by
Madrigal Stephanie and Neargarder Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,400
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage
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
Kelly Margaret Mcinnis -- None Available
Federal Home Loan Mortgage Corporation -- None Available
Jpmorgan Chase Bank National Association $89,000 Security Title Agency
Madrigal Stephanie $150,500 The Talon Group Tempe Supers
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Margaret Mcinnis $76,000
Previous Owner Madrigal Stephanie $120,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2014 06/24/14 Sold $80,000 +0.1% $115 / Sq Ft
05/08/2014 05/08/14 Pending -- -- --
04/25/2014 04/25/14 Price Changed $79,900 -11.1% $115 / Sq Ft
04/11/2014 04/11/14 Price Changed $89,900 -10.0% $130 / Sq Ft
04/04/2014 04/04/14 For Sale $99,900 0.0% $144 / Sq Ft
03/25/2014 03/25/14 Pending -- -- --
01/30/2014 01/30/14 Price Changed $99,900 -9.1% $144 / Sq Ft
12/26/2013 12/26/13 For Sale $109,900 -- $159 / 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 $631 $7,244 -- --
2024 $618 $6,899 -- --
2023 $618 $16,250 $3,250 $13,000
2022 $589 $13,060 $2,610 $10,450
2021 $614 $11,180 $2,230 $8,950
2020 $599 $10,080 $2,010 $8,070
2019 $580 $9,060 $1,810 $7,250
2018 $655 $8,780 $1,750 $7,030
2017 $628 $8,010 $1,600 $6,410
2016 $633 $6,980 $1,390 $5,590
2015 $568 $6,520 $1,300 $5,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5045852

Arizona Regional Multiple Listing Service (ARMLS)

APN: 306-04-287