NOT LISTED FOR SALE

Estimated Value: $244,000 - $278,000

1 Bed
1 Bath
800 Sq Ft
871 Sq Ft Lot

Last Sold June 15, 2020

Last sale price $182,000 $228 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,554/month

Highlights

  • Unit is on the top floor
  • The property is located in a historic district
  • Property is near public transit
  • Phoenix Coding Academy Rated A
  • Gated Parking
  • Wood Flooring

About This Home

As of July 2020

In the heart of the Phoenix Art District! Luxurious 1 bedroom with 1 full bathrooms. The suite is well decorated with ceramic and hardwood floors, granite counters, cherry cabinets, glass shower enclosures, in-suite laundry and stainless appliances. The complex is appointed with an amenities package that includes a heated swimming pool, BBQ patio area, gated community, dual elevators and more. Perfect place for the occupant with discerning taste.

Last Agent to Rent the Property

Samir Sawhney

XCD Realty & Property Mgmt License #BR645393000 Listed on: 07/18/2020

Last Renter's Agent

Tayler Gonzales

Real Broker License #SA673258000

Real Broker

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $698

Year Built

  • Built in 2006

Lot Details

  • Wrought Iron Fence
  • Block Wall Fence
  • Grass Covered Lot

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 800 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Double Pane Windows

Kitchen

  • Built-In Microwave
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Gated Parking
  • Assigned Parking
  • Unassigned Parking

Location

  • Unit is on the top floor
  • Property is near public transit
  • Property is near a bus stop
  • The property is located in a historic district

Schools

  • Montecito Community Elementary School
  • Osborn Middle School
  • Central High School

Utilities

  • Central Air
  • Heating Available

Additional Features

  • No Interior Steps
  • Built-In Barbecue

Listing and Financial Details

  • Property Available on 7/18/20
  • Rent includes water, sewer, garbage collection
  • 12-Month Minimum Lease Term
  • Tax Lot 111
  • Assessor Parcel Number 155-33-320

Community Details

Overview

  • Property has a Home Owners Association
  • Solterra HOA, Phone Number (602) 253-0113
  • Built by TBC
  • Solterra On 5Th Avenue Condominium Subdivision

Recreation

  • Community Pool
  • Bike Trail

Condo Details

Home Type

Condominium

Est. Annual Taxes

$698

Year Built

Built in 2006

Lot Details

0

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: Other, Water, Sewer, Garbage Collection
  • Available Date: 2020-07-18

Listing Details

  • Cross Street: 7th Ave and Indian School
  • 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: 2006
  • Rental Info Floor Number: 2
  • Rental Info H O A Name: SOLTERRA HOA
  • Rental Info Min Months Available: 12.0
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 2.3
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: SOLTERRA ON 5TH AVENUE CONDOMINIUM
  • Architectural Style: Santa Barbara/Tuscan
  • Property Attached Yn: Yes
  • Structure Type: String
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Laundry Features Inside: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: Granite Counters, Elevator, No Interior Steps, Full Bth Master Bdrm
  • Living Area: 800.0
  • Stories: 3
  • Window Features: Dual Pane
  • Community Features:Community Pool: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Community Features:BikingWalking Path: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Historic District: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Built-in Barbecue
  • Lot Features: Grass Back
  • Disclosures: Seller Discl Avail
  • Common Walls: Neighbor Above, Neighbor Below
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Tile
  • Exterior Features:BBQ: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Community Pool, Near Light Rail Stop, Near Bus Stop, Historic District, Biking/Walking Path
  • Association Name: SOLTERRA HOA
  • Phone: 602-253-0113
  • Association: Yes
  • Pets Allowed: Lessor Approval

Schools

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

Lot Info

  • Lot Size Sq Ft: 846.0
  • Parcel #: 155-33-320

Building Info

  • Builder Name: TBC

Tax Info

  • Tax Book Number: 155.00
  • Tax Lot: 111
  • Tax Map Number: 33.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2021
Sold by
1 40 East Partners Ltd
Bought by
Rp St4350 Llc
Current Estimated Value
$273,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,820,000
Outstanding Balance
$11,798,118
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
-$11,525,007

Purchase Details

Listed on
Jul 18, 2020
Closed on
Aug 17, 2020
Sold by
Skyline Solterra Llc
Bought by
Texas Escrow Company Inc
Seller's Agent
Samir Sawhney
XCD Realty & Property Mgmt
Buyer's Agent
Tayler Gonzales
Real Broker
Sold Price
$1,095

Purchase Details

Listed on
May 9, 2020
Closed on
May 20, 2020
Sold by
Meixell Daniel P
Bought by
Skyline Solterra Llc
Seller's Agent
Chris F Campbell
Chris F Campbell
Buyer's Agent
Samir Sawhney
XCD Realty & Property Mgmt
List Price
$182,000
Sold Price
$182,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.20%

Purchase Details

Closed on
Apr 23, 2010
Sold by
Valinski Edward Joseph
Bought by
Meixell Daniel P

Purchase Details

Closed on
Mar 20, 2007
Sold by
Solterra Condominiums Llc
Bought by
Valinski Edward Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,900
Interest Rate
6.31%
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
Rp St4350 Llc $14,850,000 Commonwealth Land Title
Texas Escrow Company Inc $10,615,380 Commonwealth Title
Skyline Solterra Llc $182,000 Chicago Title Agency
Meixell Daniel P $39,000 First American Title Ins Co
Valinski Edward Joseph $129,900 The Talon Group Tempe Supers
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rp St4350 Llc $12,820,000
Previous Owner Solterraventures Llc $5,500,000
Previous Owner Valinski Edward Joseph $124,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2020 07/28/20 Rented $1,095 0.0% --
07/28/2020 07/28/20 Under Contract -- -- --
07/18/2020 07/18/20 For Rent $1,095 0.0% --
06/15/2020 06/15/20 Sold $182,000 0.0% $214 / Sq Ft
05/09/2020 05/09/20 Pending -- -- --
05/09/2020 05/09/20 For Sale $182,000 -- $214 / 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 $698 $5,559 -- --
2024 $674 $5,294 -- --
2023 $674 $22,620 $4,390 $18,230
2022 $670 $15,180 $3,030 $12,150
2021 $681 $13,320 $2,660 $10,660
2020 $664 $13,000 $2,600 $10,400
2019 $561 $12,850 $2,570 $10,280
2018 $541 $11,170 $2,230 $8,940
2017 $492 $9,470 $1,890 $7,580
2016 $474 $8,570 $1,710 $6,860
2015 $441 $5,560 $1,110 $4,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6105184

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-33-320