NOT LISTED FOR SALE

Estimated Value: $289,325

2 Beds
2 Baths
881 Sq Ft
$125/mo HOA Fee

Last Sold April 27, 2016

Last sale price $100,000 $114 Per Sq Ft

Est. 189% increase in value since last sale

Current estimated payment $1,790/month

29 Days on Market

Highlights

  • End Unit
  • Patio
  • Wood Fence
  • Corner Lot
  • High Speed Internet
  • Carpet

About This Home

As of April 2016

Charming 2 bedroom, 2 bathroom townhouse located off busy streets in quiet neighborhood. Light and bright floorplan with kitchen open to family room. Spacious backyard for entertaining or enjoying beautiful Arizona sunsets. Inside laundry room. There are no shared walls.

Last Listed By

Justin Green

OfferPad Brokerage, LLC License #BR573598000 Listed on: 01/28/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $385

Year Built

  • Built in 1983

Lot Details

  • No Common Walls
  • End Unit
  • Wood Fence

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Patio Home
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 881 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Patio

Schools

  • Frank Elementary School
  • Geneva Epps Mosley Middle School
  • Tempe High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include insurance, ground maintenance, front yard maint, roof replacement
  • Prm Association, Phone Number (623) 974-8585
  • Built by Knoell
  • Cimarron Subdivision

Listing and Financial Details

  • Tax Lot 199
  • Assessor Parcel Number 123-18-716

Property Details

Home Type

Condominium

Est. Annual Taxes

$385

Year Built

Built in 1983

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Cross Street: 40th and Baseline
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 125.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1983
  • Tax Year: 2015
  • Directions: North on 40th - Right on Carter - Left on Carson.
  • Property Sub Type: Patio Home
  • Horses: No
  • Lot Size Acres: 0.06
  • Subdivision Name: CIMARRON
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 125.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet
  • Living Area: 881.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Other Rooms:Family Room: Yes

Exterior Features

  • Fencing: Wood
  • Exterior Features: Patio
  • Lot Features: Corner Lot, Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: None
  • Common Walls: No Common Walls, End Unit
  • Construction Type: Painted, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: Management
  • Association Fee: 125.0
  • Association Fee Frequency: Monthly
  • Association Name: PRM
  • Phone: 623-974-8585
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: PRM
  • Association Fees:HOA Telephone4: 623-974-8585
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds, Front Yard Maint, Roof Replacement

Schools

  • Elementary School: Frank Elementary School
  • High School: Tempe High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Geneva Epps Mosley Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2479.0
  • Parcel #: 123-18-716
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Knoell

Tax Info

  • Tax Annual Amount: 385.0
  • Tax Book Number: 123.00
  • Tax Lot: 199
  • Tax Map Number: 18.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2016
Closed on
Apr 26, 2016
Sold by
Fannie Mae
Bought by
Quintero Roberto E
Seller's Agent
Justin Green
OfferPad Brokerage, LLC
Buyer's Agent
Richard Quintero
Pro Equity Realty
List Price
$98,900
Sold Price
$100,000
Premium/Discount to List
$1,100
1.11%
Total Days on Market
29
Current Estimated Value
$289,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,325
Avg. Annual Appreciation
12.41%
Original Mortgage
$98,188
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 21, 2016
Sold by
Lowenstein Peter L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 12, 2007
Sold by
Lowenstein Peter L and Shaw Sheri
Bought by
Lowenstein Peter L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 8, 2004
Sold by
Sutsch Thomas Edward
Bought by
Lowenstein Peter L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,529
Interest Rate
5.72%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 18, 2000
Sold by
Gomez Monica Marie
Bought by
Sutsch Thomas Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,377
Interest Rate
8.37%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 3, 1996
Sold by
Mason Max A
Bought by
Gomez Monica Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,750
Interest Rate
7.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 1994
Sold by
Mason Stephanie Levine
Bought by
Mason Max and Mason Max A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,450
Interest Rate
8.9%
Mortgage Type
FHA

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
Quintero Roberto E -- Servicelink
Federal National Mortgage Association $97,300 None Available
Lowenstein Peter L -- First American Title Ins Co
Lowenstein Peter L $109,500 Equity Title Agency Inc
Sutsch Thomas Edward $79,500 Security Title Agency
Gomez Monica Marie $67,500 Chicago Title Insurance Co
Mason Max -- United Title Agency
Mason Max $48,000 United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quintero Roberto E $134,000
Closed Quintero Roberto E $133,750
Closed Quintero Roberto E $98,188
Previous Owner Lowenstein Peter L $118,000
Previous Owner Lowenstein Peter L $108,529
Previous Owner Sutsch Thomas Edward $79,377
Previous Owner Gomez Monica Marie $60,750
Previous Owner Mason Max $48,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2016 04/27/16 Sold $100,000 +1.1% $114 / Sq Ft
02/26/2016 02/26/16 Pending -- -- --
01/28/2016 01/28/16 For Sale $98,900 -- $112 / 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 $552 $5,080 -- --
2024 $548 $4,838 -- --
2023 $548 $20,550 $4,110 $16,440
2022 $528 $15,250 $3,050 $12,200
2021 $533 $13,220 $2,640 $10,580
2020 $516 $12,420 $2,480 $9,940
2019 $506 $11,170 $2,230 $8,940
2018 $493 $8,710 $1,740 $6,970
2017 $477 $6,910 $1,380 $5,530
2016 $473 $5,630 $1,120 $4,510
2015 $385 $4,310 $860 $3,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5390805

Arizona Regional Multiple Listing Service (ARMLS)

APN: 123-18-716