NOT LISTED FOR SALE

Estimated Value: $250,000 - $275,000

1 Bed
1 Bath
748 Sq Ft
871 Sq Ft Lot

Last Sold February 28, 2022

Last sale price $285,000 $381 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $1,493/month

Highlights

  • Above Ground Pool
  • Eat-In Kitchen
  • Heating unit installed on the ceiling
  • Navajo Elementary School Rated A-
  • Central Air

About This Home

As of February 2024

Great little Condo within Indian Terrace located less than 1 mile from Old Town Scottsdale. Home features Travertine Tile and Laminate Plank flooring, Crown Molding, Recessed Lighting & Ceiling Fans. Kitchen has Granite Counters, Stone Backsplash, Breakfast Bar & Stainless Appliances. Spacious Master Suite with Walk-In Closet & luxurious Bathroom with venetian plaster walls. Community amenities include a pool, spa, mature, lush landscaping & covered parking. Come Check IT OUT.

Last Agent to Rent the Property

Philip Ward

AXIS Real Estate License #SA527068000 Listed on: 10/05/2023

Last Renter's Agent

Danton Hinerman

AXIS Real Estate License #SA710619000

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $721

Year Built

  • Built in 1981

Lot Details

  • Desert faces the front of the property
  • Block Wall Fence

Parking

  • 1 Carport Space

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 748 Sq Ft Home
  • 2-Story Property
  • Eat-In Kitchen

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Pool

  • Above Ground Pool
  • Fence Around Pool
  • Heated Spa

Schools

  • Navajo Elementary School
  • Mohave Middle School
  • Saguaro High School

Utilities

  • Central Air
  • Heating unit installed on the ceiling

Community Details

  • Property has a Home Owners Association
  • Indian Terrace Association, Phone Number (602) 614-5590
  • Indian Terrace Condominium 1Stamd Subdivision

Listing and Financial Details

  • Property Available on 11/3/23
  • $250 Move-In Fee
  • 12-Month Minimum Lease Term
  • $50 Application Fee
  • Tax Lot 206
  • Assessor Parcel Number 173-54-500

Condo Details

Home Type

Condominium

Est. Annual Taxes

$721

Year Built

Built in 1981

Lot Details

0

Rental Info

  • HOA Paid By: Landlord
  • Available Date: 2023-11-03

Listing Details

  • Cross Street: North Scottsdale Road and East Indian School Road
  • Legal Info Range: 4E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1981
  • Rental Info H O A Name: Indian Terrace
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 1.65
  • Initial Move In Costs Admin Fee: 250.0
  • Initial Move In Costs Application Fee: 50.0
  • Lease Term Minimum Lease Term Months: 12
  • Directions: Going East on Indian School Road, Turn North on N 78th ST, then West into the parking lot of condo complex.
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: INDIAN TERRACE CONDOMINIUM 1STAMD
  • Property Attached Yn: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: Heated
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Full Bth Master Bdrm
  • Living Area: 748.0
  • Stories: 2

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Front, Gravel/Stone Back
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame, Painted, Block
  • Roof: Composition, Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Heating: Electric, Ceiling
  • Laundry Features: Dryer Included, Washer Included
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes
  • Heating:Ceiling: Yes

Condo/Co-op/Association

  • Association Name: Indian Terrace
  • Phone: 602-614-5590
  • Association: Yes
  • Pets Allowed: Lessor Approval

Schools

  • Elementary School: Navajo Elementary School
  • High School: Saguaro High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Lot Size Sq Ft: 708.0
  • Parcel #: 173-54-500

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Book Number: 173.00
  • Tax Lot: 206
  • Tax Map Number: 54.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2022
Closed on
Apr 15, 2022
Sold by
Kungli Revocable Family Trust
Bought by
Needham Andrew Franklin and Needham Melissa Sue
Seller's Agent
Glen Mills
Best Life Realty LLC
Buyer's Agent
Glen Mills
Best Life Realty LLC
List Price
$285,000
Sold Price
$285,000
Current Estimated Value
$263,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,507
Avg. Annual Appreciation
-2.20%
Original Mortgage
$202,500
Outstanding Balance
$192,219
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$71,405

Purchase Details

Listed on
Feb 11, 2022
Closed on
Apr 11, 2022
Sold by
Kungli Revocable Family Trust
Bought by
Needham Andrew Franklin and Needham Melissa Sue
Seller's Agent
Glen Mills
Best Life Realty LLC
Buyer's Agent
Glen Mills
Best Life Realty LLC
List Price
$285,000
Sold Price
$285,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Outstanding Balance
$192,219
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$71,405

Purchase Details

Listed on
Jan 5, 2021
Closed on
Apr 12, 2021
Sold by
Lugo Alexa
Bought by
Kungli Revocable Family Trust and Kungli
Seller's Agent
Jason Sellers
AXIS Real Estate
Buyer's Agent
Laura Briggs
Russ Lyon Sotheby's International Realty
Sold Price
$1,295

Purchase Details

Closed on
Jun 10, 2018
Sold by
Leavitt Andrew
Bought by
Lugo Alexa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,695
Interest Rate
4.5%
Mortgage Type
Second Mortgage Made To Cover Down Payment

Purchase Details

Closed on
Feb 24, 2014
Sold by
Strategic Real Estate V Llc
Bought by
Leavitt Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,600
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2009
Sold by
Indian Terrace Condominiums Llc
Bought by
Slanta Theresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,750
Interest Rate
5.09%
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
Needham Andrew Franklin $285,000 Title Alliance Platinum Agency
Needham Andrew Franklin $285,000 Title Alliance Platinum Agency
Kungli Revocable Family Trust $220,000 Great American Title
Lugo Alexa $162,000 American Title Service Agenc
Leavitt Andrew $107,000 Stewart Title & Trust Of Pho
Slanta Theresa M $115,000 Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Needham Andrew Franklin $202,500
Closed Needham Andrew Franklin $202,500
Closed Needham Andrew Franklin $202,500
Previous Owner Lugo Alexa $160,000
Previous Owner Lugo Alexa $7,695
Previous Owner Lugo Alexa $153,900
Previous Owner Leavitt Andrew $85,600
Previous Owner Slanta Theresa M $97,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2024 02/12/24 Rented $1,425 -4.7% --
02/03/2024 02/03/24 Under Contract -- -- --
12/28/2023 12/28/23 Price Changed $1,495 -3.5% $2 / Sq Ft
11/21/2023 11/21/23 Price Changed $1,549 -6.1% $2 / Sq Ft
10/05/2023 10/05/23 For Rent $1,649 +10.3% --
10/13/2022 10/13/22 Rented $1,495 0.0% --
09/16/2022 09/16/22 Under Contract -- -- --
09/08/2022 09/08/22 For Rent $1,495 0.0% --
02/28/2022 02/28/22 Sold $285,000 0.0% $381 / Sq Ft
02/11/2022 02/11/22 For Sale $285,000 0.0% $381 / Sq Ft
04/15/2021 04/15/21 Rented $1,295 0.0% --
03/29/2021 03/29/21 Under Contract -- -- --
02/12/2021 02/12/21 Price Changed $1,295 -4.1% $2 / Sq Ft
01/06/2021 01/06/21 Price Changed $1,350 -18.2% $2 / Sq Ft
01/05/2021 01/05/21 For Rent $1,650 +38.1% --
12/01/2018 12/01/18 Rented $1,195 0.0% --
11/26/2018 11/26/18 Under Contract -- -- --
11/02/2018 11/02/18 Price Changed $1,195 -7.7% $2 / Sq Ft
10/15/2018 10/15/18 For Rent $1,295 0.0% --
09/25/2015 09/25/15 Sold $111,500 -3.0% $148 / Sq Ft
09/14/2015 09/14/15 Pending -- -- --
09/11/2015 09/11/15 For Sale $115,000 0.0% $153 / Sq Ft
07/13/2015 07/13/15 Pending -- -- --
07/08/2015 07/08/15 For Sale $115,000 0.0% $153 / Sq Ft
05/30/2014 05/30/14 Rented $950 0.0% --
05/07/2014 05/07/14 Under Contract -- -- --
05/01/2014 05/01/14 For Rent $950 -- --
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 $721 $11,836 -- --
2024 $792 $11,272 -- --
2023 $792 $19,320 $3,860 $15,460
2022 $751 $15,780 $3,150 $12,630
2021 $798 $15,070 $3,010 $12,060
2020 $676 $13,170 $2,630 $10,540
2019 $655 $11,800 $2,360 $9,440
2018 $640 $10,230 $2,040 $8,190
2017 $708 $9,500 $1,900 $7,600
2016 $694 $9,470 $1,890 $7,580
2015 $661 $7,960 $1,590 $6,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6614102

Arizona Regional Multiple Listing Service (ARMLS)

APN: 173-54-500