NOT LISTED FOR SALE

Estimated Value: $415,206 - $427,000

3 Beds
2.5 Baths
1,805 Sq Ft
$234/Sq Ft Est. Value

Last Sold September 20, 2013

Last sale price $125,000 $69 Per Sq Ft

Est. 221% increase in value since last sale

Current estimated payment $2,481/month

174 Days on Market

Highlights

  • Gated Community
  • Mountain View
  • End Unit
  • Phoenix Coding Academy Rated A
  • Contemporary Architecture
  • Private Yard

About This Home

As of September 2013

Beautiful 3 bedroom, 2.5 bath home with double garage, lots of natural sunlight. Community pool, Gated, Conveniently located. ***For overbidding and/or escrow repair information, please see attached “Overbidding and Escrow Repair” MLS addendum.***

Last Agent to Sell the Property

Victor Vidales

RE/MAX Desert Showcase License #SA552425000 Listed on: 02/09/2013

RE/MAX Desert Showcase

Co-Listed By

Reina Ruppel

Realty East, Incorporated License #SA512128000

Last Buyer's Agent

Reina Ruppel

Realty East, Incorporated License #SA512128000

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $988

Year Built

  • Built in 2005

Lot Details

  • 1,333 Sq Ft Lot
  • End Unit
  • Private Streets
  • Block Wall Fence
  • Private Yard

HOA Fees

  • $160 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Foam Roof
  • Stucco

Interior Spaces

  • 1,805 Sq Ft Home
  • 3-Story Property
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Balcony

Utilities

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

Listing and Financial Details

  • Tax Lot 26
  • Assessor Parcel Number 125-14-168

Community Details

Overview

  • Association fees include roof repair, insurance, ground maintenance, maintenance exterior
  • Desert Realty Association, Phone Number (602) 861-5980
  • Built by LOUIS MARSON & SONS
  • Papago Point Residential Townhomes Subdivision

Recreation

  • Heated Community Pool
  • Community Spa

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$988

Year Built

Built in 2005

Lot Details

0

HOA Fees

$160 per month

Parking

2

Listing Details

  • Cross Street: 48th St/McDowell
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 160.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 2005
  • Tax Year: 2012
  • Directions: South from McDowell to Culver - west thru gate to home on left.
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.03
  • Co List Office Mls Id: rmnh01
  • Co List Office Phone: 602-296-0100
  • Subdivision Name: Papago Point Residential Townhomes
  • Architectural Style: Contemporary
  • ResoBuildingAreaSource: Appraiser
  • Association Fees:HOA Fee2: 160.0
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 1805.0
  • Stories: 3
  • ResoLivingAreaSource: Appraiser
  • Fireplace:No Fireplace: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Private Street(s), Private Yard
  • Pool Features: None
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Agency Discl Req
  • Common Walls: End Unit
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Foam, Rolled/Hot Mop
  • Construction:Frame - Wood: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated Community, Community Spa Htd, Community Pool Htd
  • Amenities: Rental OK (See Rmks)
  • Association Fee: 160.0
  • Association Fee Frequency: Monthly
  • Association Name: Desert Realty
  • Phone: 602-861-5980
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Desert Realty
  • Association Fees:HOA Telephone4: (602)861-5980
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 500.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Maintenance Grounds, Maintenance Exterior

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1333.0
  • Parcel #: 125-14-168
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: LOUIS MARSON & SONS

Tax Info

  • Tax Annual Amount: 988.0
  • Tax Book Number: 125.00
  • Tax Lot: 26
  • Tax Map Number: 14.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2013
Closed on
Sep 16, 2013
Sold by
Secretary Of Housing & Urban Development
Bought by
Bakkar Mohammad Asem
Seller's Agent
Victor Vidales
RE/MAX Desert Showcase
Buyer's Agent
Reina Ruppel
Realty East, Incorporated
List Price
$132,000
Sold Price
$125,000
Premium/Discount to List
-$7,000
-5.3%
Current Estimated Value
$400,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,680
Avg. Annual Appreciation
10.78%
Original Mortgage
$118,750
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2012
Sold by
Caro Valentine
Bought by
Bank Of America Na

Purchase Details

Closed on
Sep 10, 2012
Sold by
Bank Of America Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Nov 17, 2008
Sold by
American Home Mortgage Servicing Inc
Bought by
Caro Valentine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,060
Interest Rate
6.47%
Mortgage Type
FHA

Purchase Details

Closed on
May 31, 2008
Sold by
Murray William C and Murray William
Bought by
American Home Mortgage Servicing Inc

Purchase Details

Closed on
Mar 10, 2006
Sold by
Murray Krystal S
Bought by
Murray William C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,969
Interest Rate
6.08%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Bakkar Mohammad Asem -- Grand Canyon Title Agency
Bank Of America Na $168,568 None Available
The Secretary Of Housing & Urban Develop -- None Available
Caro Valentine $159,900 First American Title Ins Co
American Home Mortgage Servicing Inc $141,729 Accommodation
Murray William C -- Security Title Agency Inc
Murray William C $213,969 Security Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bakkar Mohammad Asem $328,000
Closed Bakkar Mohammad Asem $228,750
Closed Bakker Mohammad Asem $163,500
Closed Bakkar Mohammad Asem $35,000
Closed Bakkar Mohammad Asem $118,750
Previous Owner Caro Valentine $158,060
Previous Owner Murray William C $266,000
Previous Owner Murray William C $213,969
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2013 09/20/13 Sold $125,000 -5.3% $69 / Sq Ft
08/02/2013 08/02/13 Pending -- -- --
07/31/2013 07/31/13 For Sale $132,000 +5.6% $73 / Sq Ft
07/29/2013 07/29/13 Off Market $125,000 -- --
07/06/2013 07/06/13 Pending -- -- --
07/02/2013 07/02/13 For Sale $132,000 +5.6% $73 / Sq Ft
06/27/2013 06/27/13 Off Market $125,000 -- --
04/22/2013 04/22/13 Pending -- -- --
04/13/2013 04/13/13 For Sale $132,000 +5.6% $73 / Sq Ft
03/08/2013 03/08/13 Off Market $125,000 -- --
02/19/2013 02/19/13 Pending -- -- --
02/09/2013 02/09/13 For Sale $132,000 -- $73 / 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 $1,197 $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: 4888290

Arizona Regional Multiple Listing Service (ARMLS)

APN: 125-14-168