$244,000
SOLD FEB 27, 2025
1 Bed
1 Bath
703 Sq Ft
$325/mo HOA Fee

Recently Sold

$347 Per Sq Ft

2% Below List Price

28 Days on Market

Highlights

  • The property is located in a historic district
  • Gated Parking
  • Property is near public transit
  • Phoenix Coding Academy Rated A
  • Gated Community
  • Community Pool

About This Home

As of February 2025

Discover this beautifully updated and meticulously maintained unit, situated in a welcoming, gated community in the vibrant heart of Melrose, Central Phoenix. Host gatherings at the impressive, oversized breakfast bar, relax on your private walk-out patio adorned with designer tile flooring, or enjoy your own backyard. Don't overlook the stunning double vanity in the bathroom, modern blackout shades, in-unit washer/dryer, and ample storage throughout. Additionally, it offers secure underground parking, a new roof for the complex, a new jacuzzi heat pump, fresh pool furniture, a renovated clubhouse, a newly built garden courtyard, and more! This exceptional community takes pride in its property and has several improvement plans slated for 2025 as well. This sparkling gem is just a short stroll away from a variety of bars, restaurants, and shops. Come and explore everything this opportunity has to offer!

Last Agent to Sell the Property

Stacy Larson

W and Partners, LLC License #SA670194000 Listed on: 11/23/2024

Co-Listed By

James Oestmann

W and Partners, LLC License #SA682490000

Last Buyer's Agent

Twila Lukavich

Libertas Real Estate License #BR664528000

Libertas Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $443

Year Built

  • Built in 1985

Lot Details

  • Desert faces the front of the property
  • Two or More Common Walls
  • Wrought Iron Fence

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Gated Parking
  • Assigned Parking
  • Community Parking Structure

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 703 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Laminate Flooring
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Built-In Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom
  • Dual Vanity Sinks in Primary Bathroom

Location

  • Unit is below another unit
  • Property is near public transit
  • Property is near a bus stop
  • The property is located in a historic district

Schools

  • Encanto Elementary School
  • Osborn Middle School
  • Central High School

Utilities

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

Additional Features

  • No Interior Steps
  • Covered Patio or Porch

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 155-33-150

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, ground maintenance, front yard maint, trash, water, roof replacement, maintenance exterior
  • Brown Community Mana Association, Phone Number (480) 889-5085
  • Park Fifth Avenue Condominiums Subdivision

Recreation

  • Community Pool
  • Community Spa

Additional Features

  • Recreation Room
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$443

Year Built

Built in 1985

Lot Details

0

HOA Fees

$325 per month

Parking

1

Listing Details

  • Cross Street: 7th Ave and Indian School Rd
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 324.93
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1985
  • Tax Year: 2024
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Co List Office Mls Id: wandp001
  • Co List Office Phone: 602-828-5767
  • Subdivision Name: PARK FIFTH AVENUE CONDOMINIUMS
  • Architectural Style: Other
  • Property Attached Yn: Yes
  • General Property Description:PriceSqFt: 347.08
  • Association Fees:HOA Fee2: 324.93
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Laminate
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Breakfast Bar, Elevator, No Interior Steps
  • Living Area: 703.0
  • Stories: 2
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Community Spa Htd: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Historic District: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Lot Features: Desert Front
  • Pool Features: None
  • Disclosures: Agency Discl Req, Other (See Remarks), Seller Discl Avail
  • Common Walls: Two Common Walls, Neighbor Above
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Gated, Assigned, Community Structure
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Community Structure: Yes
  • Parking Features:Gated2: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated, Community Spa Htd, Community Pool, Near Light Rail Stop, Near Bus Stop, Historic District
  • Association Fee: 324.93
  • Association Fee Frequency: Monthly
  • Association Name: Brown Community Mana
  • Phone: 480-889-5085
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 185.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Brown Community Mana
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Other Fees HOA: 70.19
  • Association Fees:Other Fees Description: 0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • 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:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Maintenance Grounds, Front Yard Maint, Trash, Water, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Encanto School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Osborn Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 684.0
  • Parcel #: 155-33-150

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 443.0
  • Tax Book Number: 155.00
  • Tax Lot: 8
  • Tax Map Number: 33.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2024
Closed on
Feb 11, 2025
Sold by
Vaneffen Lucas
Bought by
Cotto Patrick and Cotto Jesyca
Seller's Agent
Stacy Larson
W and Partners, LLC
Buyer's Agent
Twila Lukavich
Libertas Real Estate
List Price
$250,000
Sold Price
$244,000
Premium/Discount to List
-$6,000
-2.4%
Views
29
Current Estimated Value
$228,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,890
Avg. Annual Appreciation
-7.88%
Original Mortgage
$240,000
Outstanding Balance
$238,609
Interest Rate
7.04%
Mortgage Type
VA
Estimated Equity
-$10,499

Purchase Details

Listed on
Jun 27, 2020
Closed on
Aug 4, 2020
Sold by
Sph Property One Llc
Bought by
Vaneffen Lucas
Seller's Agent
George Laughton
My Home Group Real Estate
Buyer's Agent
Gayle Shalloo
Keller Williams Arizona Realty
List Price
$184,900
Sold Price
$170,000
Premium/Discount to List
-$14,900
-8.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.29%
Original Mortgage
$164,900
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 27, 2020
Closed on
Jun 17, 2020
Sold by
Titone Steven
Bought by
Sph Property One Llc
Seller's Agent
George Laughton
My Home Group Real Estate
Buyer's Agent
Gayle Shalloo
Keller Williams Arizona Realty
List Price
$184,900
Sold Price
$170,000
Premium/Discount to List
-$14,900
-8.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,900
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 16, 2019
Closed on
Sep 11, 2019
Sold by
Mavericks Llc
Bought by
Titone Steven
Seller's Agent
Hillary Key
A.Z. & Associates
Buyer's Agent
Ross Maghami
HomeSmart
List Price
$166,000
Sold Price
$162,000
Premium/Discount to List
-$4,000
-2.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.48%

Purchase Details

Closed on
Jun 4, 2019
Sold by
Willyard Brock and Luna Eva
Bought by
Mavericks Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.2%
Mortgage Type
Construction

Purchase Details

Closed on
May 14, 2019
Sold by
George Donald W
Bought by
Willyard Brock and Luna Eva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.2%
Mortgage Type
Construction

Purchase Details

Listed on
Jul 24, 2012
Closed on
Nov 14, 2012
Sold by
Pg Homes Llc
Bought by
George Donald W
Seller's Agent
Lindsey Darling
Phoenician Properties Realty
Buyer's Agent
John Fagundes
AZREAPM
List Price
$44,900
Sold Price
$37,900
Premium/Discount to List
-$7,000
-15.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.67%
Original Mortgage
$30,000
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2012
Sold by
Ez Homes Inc
Bought by
Pg Homes Llc

Purchase Details

Closed on
Jul 6, 2012
Sold by
Goff Paul R
Bought by
Ez Homes Inc

Purchase Details

Closed on
May 24, 2005
Sold by
Vermani Paul
Bought by
Goff Paul R

Purchase Details

Closed on
Oct 16, 2003
Sold by
32 Park Llc
Bought by
Grupe Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2003
Sold by
32 Park Llc
Bought by
Vermani Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,987
Interest Rate
5.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $244,000 Chicago Title Agency
Special Warranty Deed $170,000 None Available
Warranty Deed $165,000 None Available
Warranty Deed $162,000 Empire West Title Agency Llc
Warranty Deed $105,000 Empire West Title Agency Llc
Warranty Deed $75,000 Empire West Title Agency Llc
Warranty Deed $37,900 Magnus Title Agency
Quit Claim Deed -- None Available
Trustee Deed $285,000 None Available
Cash Sale Deed $88,000 Fidelity National Title
Warranty Deed $88,800 Fidelity National Title
Warranty Deed $81,234 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $240,000 VA
Previous Owner $164,900 New Conventional
Previous Owner $90,000 Construction
Previous Owner $30,000 New Conventional
Previous Owner $70,000 New Conventional
Previous Owner $64,987 New Conventional
Closed $8,123 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/27/2025 02/27/25 Sold $244,000 -2.4% $347 / Sq Ft
12/22/2024 12/22/24 Pending -- -- --
11/23/2024 11/23/24 For Sale $250,000 +47.1% $356 / Sq Ft
08/14/2020 08/14/20 Sold $170,000 -8.1% $242 / Sq Ft View Prior Sale
07/09/2020 07/09/20 Pending -- -- --
06/27/2020 06/27/20 For Sale $184,900 +12.1% $263 / Sq Ft
06/19/2020 06/19/20 Sold $165,000 -2.8% $235 / Sq Ft View Prior Sale
06/08/2020 06/08/20 Pending -- -- --
05/27/2020 05/27/20 Price Changed $169,800 -0.1% $242 / Sq Ft
05/26/2020 05/26/20 For Sale $169,900 0.0% $242 / Sq Ft
05/17/2020 05/17/20 Pending -- -- --
05/09/2020 05/09/20 Price Changed $169,900 -2.9% $242 / Sq Ft
03/30/2020 03/30/20 Price Changed $174,900 -5.5% $249 / Sq Ft
03/25/2020 03/25/20 For Sale $185,000 +14.2% $263 / Sq Ft
09/18/2019 09/18/19 Sold $162,000 -2.4% $230 / Sq Ft View Prior Sale
08/16/2019 08/16/19 For Sale $166,000 +338.0% $236 / Sq Ft
11/16/2012 11/16/12 Sold $37,900 0.0% $54 / Sq Ft View Prior Sale
09/21/2012 09/21/12 Pending -- -- --
09/11/2012 09/11/12 Price Changed $37,900 -5.0% $54 / Sq Ft
08/24/2012 08/24/12 Price Changed $39,900 -2.4% $57 / Sq Ft
08/13/2012 08/13/12 Price Changed $40,900 -4.7% $58 / Sq Ft
08/02/2012 08/02/12 Price Changed $42,900 -4.5% $61 / Sq Ft
07/24/2012 07/24/12 For Sale $44,900 -- $64 / 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 $459 $4,019 -- --
2024 $427 $3,828 -- --
2023 $427 $15,460 $3,090 $12,370
2022 $425 $12,250 $2,450 $9,800
2021 $438 $11,760 $2,350 $9,410
2020 $480 $10,270 $2,050 $8,220
2019 $459 $8,370 $1,670 $6,700
2018 $391 $5,930 $1,180 $4,750
2017 $356 $4,720 $940 $3,780
2016 $343 $4,220 $840 $3,380
2015 $319 $4,050 $810 $3,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6786898

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-33-150