NOT LISTED FOR SALE

Estimated Value: $383,000 - $418,000

4 Beds
2 Baths
1,763 Sq Ft
$228/Sq Ft Est. Value

Last Sold May 31, 2014

Last sale price $159,000 $90 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $2,484/month

10 Days on Market

Highlights

  • Covered patio or porch
  • Tile Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A
  • High Speed Internet
  • 1-Story Property

About This Home

As of May 2014

Easy to qualify: you keep your current lender and your offer can be accepted *BEFORE* you start the program’s 3-easy steps. This is NOT low income housing; it’s a government program to help put foreclosed homes back to good use. Receive $15,000 in down payment and closing cost assistance from the Neighborhood Stabilization Program (NSP). This is a Newly Remodeled 4 bedroom, 2 bathroom home. Brand New Energy Efficient appliance package includes, stove, dishwasher, disposal and side-by-side refrigerator. New front yard landscape for enhanced curb appeal, modern interior finishes, tile flooring, new carpet and new paint. We make sure our properties have improved and newer kitchens, bathrooms, electrical systems, plumbing, cooling heating and more. Great home, great incentives and NO INVESTORS

Last Listed By

Claudia Schulz

Lopez Schulz Realty License #BR535203000 Listed on: 04/08/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,166

Year Built

  • Built in 2004

Lot Details

  • 9,528 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence

HOA Fees

  • $69 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,763 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Outdoor Features

  • Covered patio or porch

Schools

  • Laveen Elementary School
  • Vista Del Sur Accelerated Middle School
  • Cesar Chavez High School

Utilities

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

Community Details

  • Association fees include ground maintenance
  • Cheatam Farms Association, Phone Number (623) 877-1396
  • Built by D R Horton
  • Cheatham Farms Subdivision

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number 300-84-328

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,166

Year Built

Built in 2004

Lot Details

0

HOA Fees

$69 per month

Parking

2

Listing Details

  • Cross Street: 51st Ave. & Baseline Rd.
  • Legal Info Range: 2E
  • 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: 68.5
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2004
  • Tax Year: 2012
  • Directions: East on Baseline Rd. South on 47th Ave. East on Kuhn Rd. North on Jenna Ln. East on Melody Dr. to Property.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.22
  • Co List Office Mls Id: ghrm01
  • Co List Office Phone: 602-390-4603
  • Subdivision Name: Cheatham Farms
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 205.5
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Pantry, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 1763.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s)
  • Lot Features: Desert Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Amenities: Management
  • Association Fee: 205.5
  • Association Fee Frequency: Quarterly
  • Association Name: Cheatam Farms
  • Phone: 623-877-1396
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Cheatam Farms
  • Association Fees:HOA Telephone4: 623-877-1396
  • 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_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Laveen Elementary School
  • High School: Cesar Chavez High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Vista Del Sur Accelerated

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9528.0
  • Parcel #: 300-84-328
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: D R Horton

Tax Info

  • Tax Annual Amount: 1166.38
  • Tax Book Number: 300.00
  • Tax Lot: 35
  • Tax Map Number: 84.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2014
Closed on
May 19, 2014
Sold by
Mandalay Communities Inc
Bought by
Ochoa Martin A
Seller's Agent
Claudia Schulz
Lopez Schulz Realty
Buyer's Agent
Patrick Orozco
My Home Group Real Estate
List Price
$159,000
Sold Price
$159,000
Total Days on Market
10
Current Estimated Value
$402,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,406
Avg. Annual Appreciation
8.81%
Original Mortgage
$149,182
Outstanding Balance
$115,323
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$287,083

Purchase Details

Listed on
Apr 8, 2014
Closed on
May 16, 2014
Sold by
Ochoa Candice
Bought by
Ochoa Martin A
Seller's Agent
Claudia Schulz
Lopez Schulz Realty
Buyer's Agent
Patrick Orozco
My Home Group Real Estate
List Price
$159,000
Sold Price
$159,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,182
Outstanding Balance
$115,323
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$287,083

Purchase Details

Listed on
Oct 8, 2012
Closed on
Nov 2, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Mandalay Communities Inc
Seller's Agent
Chad Freese
J and F Associates
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$134,900
Sold Price
$119,950
Premium/Discount to List
-$14,950
-11.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.08%
Original Mortgage
$111,044
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 8, 2012
Closed on
Oct 1, 2012
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corp
Seller's Agent
Chad Freese
J and F Associates
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$134,900
Sold Price
$119,950
Premium/Discount to List
-$14,950
-11.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,044
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2012
Sold by
Sanchez Virginia and Sanchez Sel
Bought by
Wells Fargo Bank Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,044
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2004
Sold by
Continental Homes Inc
Bought by
Sanchez Sel and Sanchez Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,978
Interest Rate
5.62%
Mortgage Type
New Conventional

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
Ochoa Martin A $159,000 Chicago Title Agency Inc
Ochoa Martin A -- Chicago Title Agency Inc
Mandalay Communities Inc $119,950 Chicago Title Agency Inc
Federal Home Loan Mortgage Corp -- Accommodation
Wells Fargo Bank Na $172,972 Accommodation
Sanchez Sel $165,240 Century Title Agency Inc
Continental Homes Inc -- Century Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ochoa Martin A $149,182
Closed Ochoa Martin A $15,000
Previous Owner Mandalay Communities Inc $82,704
Previous Owner Mandalay Communities Inc $111,044
Previous Owner Sanchez Sel $156,978
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2014 05/31/14 Sold $159,000 0.0% $90 / Sq Ft
04/18/2014 04/18/14 Pending -- -- --
04/08/2014 04/08/14 For Sale $159,000 +32.6% $90 / Sq Ft
11/16/2012 11/16/12 Sold $119,950 -11.1% $68 / Sq Ft
10/08/2012 10/08/12 Pending -- -- --
10/08/2012 10/08/12 For Sale $134,900 -- $77 / 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 $1,938 $13,941 -- --
2024 $1,902 $13,277 -- --
2023 $1,902 $30,030 $6,000 $24,030
2022 $1,845 $22,500 $4,500 $18,000
2021 $1,859 $20,980 $4,190 $16,790
2020 $1,810 $19,020 $3,800 $15,220
2019 $1,815 $17,310 $3,460 $13,850
2018 $1,726 $16,180 $3,230 $12,950
2017 $1,632 $13,870 $2,770 $11,100
2016 $1,549 $12,850 $2,570 $10,280
2015 $1,395 $12,150 $2,430 $9,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5097650

Arizona Regional Multiple Listing Service (ARMLS)

APN: 300-84-328