NOT LISTED FOR SALE

Estimated Value: $282,020 - $304,000

2 Beds
2 Baths
997 Sq Ft
871 Sq Ft Lot

Last Sold August 26, 2020

Last sale price $202,500 $203 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,675/month

Highlights

  • Fitness Center
  • Unit is on the top floor
  • Clubhouse
  • Kyrene de los Lagos School Rated A
  • Community Lake
  • Contemporary Architecture

About This Home

As of March 2021

Desirable location in Portofino Condominiums. This split floor plan condo has a spacious master bedroom with en suite and a guest bedroom and hall bathroom. Bedrooms have walk in closets. The living room has lots of light and a wood burning fireplace. There is a glass door that leads to your private balcony, perfect place for your morning coffee. The kitchen has beautiful cabinets and black appliances. The breakfast bar looks out into the dining area for that open feel. Resort style living with 2 heated pools and spas, stunning lake views, clubhouse, fitness room and theater room. Walking distance to shopping, dining, close to I-10 and Loop 202 for quick access to anywhere in the valley. Hurry! You know this will be gone soon!

Last Agent to Rent the Property

Erin Cowley

TCT West Property Management Services, LLC License #BR513758000 Listed on: 02/26/2021

Last Renter's Agent

Lauren Wendt

W and Partners, LLC License #BR644479000

W and Partners, LLC

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,152

Year Built

  • Built in 1995

Lot Details

  • Desert faces the front of the property
  • 1 Common Wall
  • Grass Covered Lot

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 997 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Solar Screens

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Laminate Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 1 Carport Space
  • Assigned Parking

Schools

  • Kyrene De Los Lagos Elementary School
  • Kyrene Akimel A Middle School
  • Desert Vista High School

Utilities

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

Additional Features

  • Balcony
  • Unit is on the top floor

Listing and Financial Details

  • Property Available on 3/5/21
  • $4 Move-In Fee
  • Rent includes water
  • 12-Month Minimum Lease Term
  • Tax Lot 2096
  • Assessor Parcel Number 306-04-412

Community Details

Overview

  • Property has a Home Owners Association
  • Portofino Condominiu Association, Phone Number (602) 437-4777
  • Built by Monaco
  • Portofino Condominium Subdivision
  • Community Lake

Amenities

  • Clubhouse
  • Theater or Screening Room
  • Recreation Room

Recreation

  • Fitness Center
  • Heated Community Pool
  • Community Spa

Pet Policy

  • No Pets Allowed

Security

  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$1,152

Year Built

Built in 1995

Lot Details

0

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: Water
  • Available Date: 2021-03-05

Listing Details

  • Cross Street: CHANDLER BLVD & 40TH ST
  • 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: 1995
  • Rental Info H O A Name: Portofino Condominiu
  • Non Assistive Animals: No
  • Rental Info Rental Tax Percent: 3.9
  • Initial Move In Costs Addtl Move In Fees: 125.0
  • Initial Move In Costs Admin Fee: 3.9
  • Lease Term Minimum Lease Term Months: 12
  • Directions: From Chandler Blvd go south on 40th St. to Woodland, turn right (west), then right on Lakewood Pkwy. Once through the entry, turn right, then take the next left to the unit on your right.
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: PORTOFINO CONDOMINIUM
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • Structure Type: Clustered
  • Dining Area:Breakfast Bar: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Laundry Features Inside: Yes
  • Construction:Wood Frame: Yes
  • Security Features:Fire Sprinkler System: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Breakfast Bar, Vaulted Ceiling(s), 3/4 Bath Master Bdrm, Laminate Counters
  • Living Area: 997.0
  • Stories: 2
  • Window Features: Solar Screens
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features:Laminate Counters: Yes
  • Community Features:Community Media Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony
  • Lot Features: Desert Front, Grass Front
  • Disclosures: None
  • Common Walls: 1 Common Wall, Neighbor Below
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Tile
  • Exterior Features:Balcony: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake, Community Spa Htd, Community Pool Htd, Community Media Room, Clubhouse, Fitness Center
  • Association Name: Portofino Condominiu
  • Phone: 602-437-4777
  • Association: Yes
  • Pets Allowed: No

Schools

  • Elementary School: Kyrene de los Lagos 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

  • Lot Size Sq Ft: 1056.0
  • Parcel #: 306-04-412

Building Info

  • Builder Name: Monaco

Tax Info

  • Tax Book Number: 306.00
  • Tax Lot: 2096
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2020
Closed on
Aug 10, 2020
Sold by
Jaemberg Paer Frederik and Jarnberg Per Olov
Bought by
Am Legacy Llc
Seller's Agent
Evelyn Grant
Century 21 Arizona Foothills
Buyer's Agent
Jason Sequeira
My Home Group Real Estate
List Price
$210,000
Sold Price
$202,500
Premium/Discount to List
-$7,500
-3.57%
Current Estimated Value
$296,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,755
Avg. Annual Appreciation
8.52%

Purchase Details

Listed on
Apr 25, 2018
Closed on
Aug 1, 2018
Sold by
Colin Gary K
Bought by
Jarnberg Per Olov and Foley Joan
Seller's Agent
Gary Colin
Real Broker
Buyer's Agent
Gary Colin
Real Broker
List Price
$174,000
Sold Price
$166,000
Premium/Discount to List
-$8,000
-4.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.34%
Original Mortgage
$100,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2006
Sold by
Colin Diane E
Bought by
Colin Gary K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,920
Interest Rate
6.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 26, 2006
Sold by
Portofino Condominiums Llc
Bought by
Colin Gary K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,920
Interest Rate
6.75%
Mortgage Type
Fannie Mae Freddie Mac
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
Am Legacy Llc $205,000 Lawyers Title Of Arizona Inc
Jarnberg Per Olov $166,000 Magnus Title Agency Llc
Colin Gary K -- The Talon Group Tempe Supers
Colin Gary K $234,900 The Talon Group Tempe Supers
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jarnberg Per Olov $100,000
Previous Owner Colin Gary K $187,920
Previous Owner Colin Gary K $187,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2021 03/15/21 Rented $1,300 0.0% --
02/26/2021 02/26/21 For Rent $1,300 +8.3% --
11/06/2020 11/06/20 Rented $1,200 -6.3% --
10/06/2020 10/06/20 Price Changed $1,280 -3.4% $1 / Sq Ft
09/25/2020 09/25/20 For Rent $1,325 0.0% --
08/26/2020 08/26/20 Sold $202,500 -3.6% $203 / Sq Ft
08/06/2020 08/06/20 Pending -- -- --
08/04/2020 08/04/20 For Sale $210,000 +26.5% $211 / Sq Ft
08/20/2018 08/20/18 Sold $166,000 -4.6% $162 / Sq Ft
06/29/2018 06/29/18 For Sale $174,000 0.0% $170 / Sq Ft
06/22/2018 06/22/18 Pending -- -- --
06/05/2018 06/05/18 Price Changed $174,000 -0.6% $170 / Sq Ft
05/29/2018 05/29/18 Price Changed $175,000 -0.6% $171 / Sq Ft
04/25/2018 04/25/18 For Sale $176,000 -- $172 / 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 $1,152 $11,382 -- --
2024 $1,142 $10,840 -- --
2023 $1,142 $20,470 $4,090 $16,380
2022 $1,093 $15,920 $3,180 $12,740
2021 $1,121 $13,910 $2,780 $11,130
2020 $941 $12,630 $2,520 $10,110
2019 $911 $11,670 $2,330 $9,340
2018 $1,030 $11,600 $2,320 $9,280
2017 $987 $10,660 $2,130 $8,530
2016 $995 $10,170 $2,030 $8,140
2015 $762 $9,520 $1,900 $7,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6199643

Arizona Regional Multiple Listing Service (ARMLS)

APN: 306-04-412