NOT LISTED FOR SALE

Estimated Value: $298,952 - $380,000

2 Beds
3 Baths
1,250 Sq Ft
$267/Sq Ft Est. Value

Last Sold October 11, 2019

Last sale price $215,000 $172 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,300/month

About This Home

As of October 2019

Amazing Renovated 2 bed 2.5 bath condo in the heart of the Melrose District of Central Phoenix. This townhome has a fresh remodel, that features a brand new kitchen, with gorgeous soft-close white shaker cabinets, beautiful sleek granite, and brand new stainless appliances. The downstairs is an open concept plan with 2 patio areas, fireplace, and a guest half bath. Upstairs you will find 2 full ensuites, with gorgeous flooring, lots of storage, and in-unit laundry! The community features underground parking, community pool, green lush grounds, and lots of character! The Melrose district is booming! One of the up-and-coming districts that boasts some of the most popular restaurants and bars in Phoenix. Close to Short Leash, Restaurant Progress, Thunderbirds, Modern Manor, and so much more

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2019
Closed on
Oct 3, 2019
Sold by
Yu Lela
Bought by
Mcchesney Allora K and Mcchesney Peyton S
Seller's Agent
Tyler Hayes
3rd Base Realty Group LLC
Buyer's Agent
Matthew Gooding
Just Referrals Real Estate
List Price
$229,000
Sold Price
$215,000
Premium/Discount to List
-$14,000
-6.11%
Current Estimated Value
$333,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,488
Avg. Annual Appreciation
7.83%
Original Mortgage
$204,250
Outstanding Balance
$180,893
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$149,244

Purchase Details

Closed on
Apr 12, 2005
Sold by
Meares Robert S and Meares Jean W
Bought by
Yu Lela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,400
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2004
Sold by
Sunfire Group Llc
Bought by
Meares Robert S and Meares Jean W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,150
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2003
Sold by
32 Park Llc
Bought by
Sunfire Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mcchesney Allora K $215,000 Millennium Title Agency Llc
Yu Lela $125,500 Stewart Title & Trust Of Pho
Meares Robert S $113,500 Stewart Title & Trust Of Pho
Sunfire Group Llc $75,868 Stewart Title & Trust Of Pho
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcchesney Allora K $204,250
Previous Owner Yu Lela $95,000
Previous Owner Yu Lela $50,299
Previous Owner Yu Lela $100,400
Previous Owner Meares Robert S $102,150
Previous Owner Sunfire Group Llc $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2019 10/11/19 Sold $215,000 -2.2% $172 / Sq Ft
09/09/2019 09/09/19 Pending -- -- --
08/03/2019 08/03/19 Price Changed $219,900 -4.0% $176 / Sq Ft
07/19/2019 07/19/19 For Sale $229,000 0.0% $183 / Sq Ft
10/01/2014 10/01/14 Rented $900 0.0% --
09/26/2014 09/26/14 Under Contract -- -- --
09/22/2014 09/22/14 For Rent $900 +0.6% --
07/14/2012 07/14/12 Rented $895 0.0% --
06/27/2012 06/27/12 Under Contract -- -- --
06/06/2012 06/06/12 For Rent $895 -- --

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 $806 $7,303 -- --
2024 $776 $6,955 -- --
2023 $776 $23,420 $4,680 $18,740
2022 $772 $18,650 $3,730 $14,920
2021 $795 $18,530 $3,700 $14,830
2020 $774 $15,930 $3,180 $12,750
2019 $737 $13,260 $2,650 $10,610
2018 $711 $9,400 $1,880 $7,520
2017 $647 $7,810 $1,560 $6,250
2016 $623 $7,430 $1,480 $5,950
2015 $580 $7,150 $1,430 $5,720
Source: Public Records

Agents Affiliated with this Home

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