NOT LISTED FOR SALE

Estimated Value: $404,964 - $432,000

3 Beds
2.5 Baths
1,695 Sq Ft
$249/Sq Ft Est. Value

Last Sold December 28, 2015

Last sale price $188,038 $111 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $2,456/month

53 Days on Market

Highlights

  • Gated Community
  • Contemporary Architecture
  • Granite Countertops
  • Phoenix Coding Academy Rated A
  • End Unit
  • Heated Community Pool

About This Home

As of December 2015

3BR/2.5BA contemporary style townhome. 3 bedrooms, 2 bathrooms and full size laundry upstairs with ½ bath off the main living space downstairs. Spacious, open and bright home with soaring ceilings and large picture windows off the great room. Kitchen overlooks great room and boasts stainless steel & black appliances, large island, granite counter tops & floor to ceiling pantry. Updated with fresh paint, new carpet and new A/C unit in 2015. The finest in urban living located close the Arcadia district and has easy access to Down Town Phoenix, Tempe and Old Town Scottsdale. Not to mention, walking path and hiking trails close by. Enjoy work and play within minutes of this great location. Papago Point is a gated community offing community pool/spa area and BBQ grills. View today.

Last Agent to Sell the Property

Angela Wipperfurth

West USA Realty License #SA535495000 Listed on: 09/26/2015

West USA Realty

Last Buyer's Agent

Hillary Corrigan

HomeSmart License #SA571266000

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,050

Year Built

  • Built in 2005

Lot Details

  • 1,333 Sq Ft Lot
  • End Unit
  • 1 Common Wall
  • Block Wall Fence

Parking

  • 2 Car Garage
  • 1 Carport Space
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Stucco

Interior Spaces

  • 1,695 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Security System Leased

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2.5 Bathrooms
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Schools

  • Papago Middle School
  • Camelback High School

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 25
  • Assessor Parcel Number 125-14-167

Community Details

Overview

  • Property has a Home Owners Association
  • Desert Realty Mgt. Association, Phone Number (602) 861-5980
  • Built by Louis Marson & Sons
  • Papago Point Subdivision

Recreation

  • Heated Community Pool
  • Community Spa

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,050

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Cross Street: 48 Street and McDowell Rd.
  • Legal Info Range: 4E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 166.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2005
  • Tax Year: 2015
  • Directions: From McDowell Rd. go South on 48 St. to Culver. West on Culver into Papago Point townhomes.
  • Property Sub Type: Townhouse
  • Lot Size Acres: 0.03
  • Subdivision Name: PAPAGO POINT
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 166.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: Community, None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Walk-In Closet(s), Breakfast Bar, Kitchen Island, Pantry, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 1695.0
  • Stories: 3
  • Window Features: Double Pane Windows
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Community Spa: Yes
  • Kitchen Features:Cook Top Elec: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Patio
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Home Warranty: Yes
  • Common Walls: 1 Common Wall, End Unit
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Rolled/Hot Mop
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Dryer Included, Washer Included
  • Security: Security System Leased, Gated Community
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee Frequency: Monthly
  • Association Name: Papago Point
  • Phone: 602-861-5980
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 350.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Papago Point
  • Association Fees:HOA Telephone4: 602-861-5980
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 425.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Desert Realty Mgt.
  • Association Fees:HOA Management Phone: 602-861-5980
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes

Schools

  • High School: Camelback High School
  • Middle Or Junior School: Papago School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1333.0
  • Parcel #: 125-14-167
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Louis Marson & Sons

Tax Info

  • Tax Annual Amount: 1050.0
  • Tax Book Number: 125.00
  • Tax Lot: 25
  • Tax Map Number: 14.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2017
Sold by
Subramaniam Hari Haran and Hariharan Shanta
Bought by
Hariharan Maheshwar
Current Estimated Value
$425,392

Purchase Details

Listed on
Sep 26, 2015
Closed on
Nov 19, 2015
Sold by
Luna Val P
Bought by
Subramaniam Hari Haran and Hariharan Shanta
Seller's Agent
Angela Wipperfurth
West USA Realty
Buyer's Agent
Hillary Corrigan
HomeSmart
List Price
$195,000
Sold Price
$188,038
Premium/Discount to List
-$6,962
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.86%
Original Mortgage
$149,600
Outstanding Balance
$67,067
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$358,325

Purchase Details

Closed on
Feb 9, 2009
Sold by
Wells Fargo Bank National Association
Bought by
Luna Val P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,720
Interest Rate
5.19%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 15, 2008
Sold by
Maroda Stephan
Bought by
Wells Fargo Bank National Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,720
Interest Rate
5.19%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 25, 2006
Sold by
Desert Hills Investments Inc
Bought by
Jepsen Kenneth P

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
6.46%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 1, 2005
Sold by
Jepsen Kenneth P
Bought by
Desert Hills Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,915
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2005
Sold by
Papago Point Residential Townhomes Llc
Bought by
Jepsen Kenneth P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,915
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2005
Sold by
Jepsen Kenneth
Bought by
Maroda Stephan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
9.02%
Mortgage Type
Balloon
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
Hariharan Maheshwar -- None Available
Subramaniam Hari Haran $188,037 First American Title Ins Co
Luna Val P $154,900 Security Title Agency
Wells Fargo Bank National Association $330,758 None Available
Jepsen Kenneth P -- None Available
Desert Hills Investments Inc -- --
Jepsen Kenneth P $216,144 Security Title Agency Inc
Maroda Stephan $350,000 Security Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Subramaniam Hari Haran $149,600
Previous Owner Luna Val P $151,720
Previous Owner Maroda Stephen $70,000
Previous Owner Jepsen Kenneth P $172,915
Previous Owner Maroda Stephan $280,000
Closed Jepsen Kenneth P $32,421
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2015 12/28/15 Sold $188,038 -3.6% $111 / Sq Ft
11/18/2015 11/18/15 Pending -- -- --
09/26/2015 09/26/15 For Sale $195,000 -- $115 / 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 $1,522 $12,674 -- --
2024 $1,508 $12,070 -- --
2023 $1,508 $27,600 $5,520 $22,080
2022 $1,453 $23,130 $4,620 $18,510
2021 $1,478 $21,870 $4,370 $17,500
2020 $1,450 $19,620 $3,920 $15,700
2019 $1,445 $18,810 $3,760 $15,050
2018 $1,361 $17,560 $3,510 $14,050
2017 $1,304 $14,200 $2,840 $11,360
2016 $1,276 $13,530 $2,700 $10,830
2015 $1,050 $12,500 $2,500 $10,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5340274

Arizona Regional Multiple Listing Service (ARMLS)

APN: 125-14-167