NOT LISTED FOR SALE

Estimated Value: $501,976 - $537,000

2 Beds
2 Baths
1,316 Sq Ft
$399/Sq Ft Est. Value

Last Sold May 13, 2020

Last sale price $345,000 $262 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,990/month

11 Days on Market

Highlights

  • Granite Countertops
  • Heated Community Pool
  • No Interior Steps
  • Navajo Elementary School Rated A-
  • Covered Patio or Porch
  • Tile Flooring

About This Home

As of May 2020

Here's your opportunity to buy in sought after Villa Monterey! Low traffic, quiet interior street location. Lots of wonderful updates in this home; including new soft close cabinetry in the kitchen & both bathrooms. Slab granite countertops, New sinks, many new plumbing & electrical fixtures. New travertine tile floors in the kitchen & baths, and new carpeting throughout the rest of the home. New interior paint, and...the A/C was brand new about 3 years ago. Spacious great room, Wonderfully light and bright, - this home feels good! Villa Monterey is a Historic 55+ subdivision in the heart of Old Town Scottsdale. You'll enjoy the short proximity to the shops, galleries, dining, & night life of Old Town. Close to excellent medical facilities, & easy access to grocery shops, & entertainment.

Last Agent to Sell the Property

Betsy Olson

Capture Arizona, LLC License #BR527155000 Listed on: 03/31/2020

Last Buyer's Agent

Ron Serafini

HomeSmart License #SA044908000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,026

Year Built

  • Built in 1962

Lot Details

  • 3,841 Sq Ft Lot
  • Block Wall Fence

HOA Fees

  • $40 Monthly HOA Fees

Home Design

  • Patio Home
  • Property Attached
  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,316 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Parking

  • 2 Open Parking Spaces
  • 1 Carport Space

Schools

  • Adult Elementary And Middle School
  • Adult High School

Utilities

  • Central Air
  • Heating Available

Additional Features

  • No Interior Steps
  • Covered Patio or Porch
  • Property is near a bus stop

Listing and Financial Details

  • Tax Lot C
  • Assessor Parcel Number 173-60-130

Community Details

Overview

  • Association fees include ground maintenance
  • Villa Monterey 2 Association
  • Villa Monterey 2 Subdivision

Recreation

  • Heated Community Pool
  • Community Spa

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,026

Year Built

Built in 1962

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • Cross Street: Miller & Camelback
  • Legal Info Range: 4E
  • 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: 39.58
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1962
  • Tax Year: 2019
  • Directions: North to Villa Monterey Entrance at Coolidge. East to 76th Pl (round about) South to Meadowbrook. East to 77TH PL, left to home.
  • Property Sub Type: Patio Home
  • Horses: No
  • Lot Size Acres: 0.09
  • Subdivision Name: VILLA MONTEREY 2
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 475.0
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Granite Counters, No Interior Steps, Full Bth Master Bdrm
  • Living Area: 1316.0
  • Stories: 1
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Painted, Block
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Foam
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Separate Strge Area
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Open Parking Spaces: 2.0
  • Parking Features:Separate Strge Area: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Near Bus Stop
  • Association Fee: 475.0
  • Association Fee Frequency: Annually
  • Association Name: Villa Monterey 2
  • Phone: 480-316-4846
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 300.0
  • Association Fees:HOA Paid Frequency: Annually
  • Association Fees:HOA Name4: Villa Monterey 2
  • Association Fees:HOA Telephone4: 480-316-4846
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Phone: Ben Dobson
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Adult
  • High School: Adult
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Adult

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3841.0
  • Parcel #: 173-60-130

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1026.0
  • Tax Book Number: 173.00
  • Tax Lot: C
  • Tax Map Number: 60.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2020
Closed on
May 1, 2020
Sold by
States Roberta Roy and The Roberta Roy States Living
Bought by
Lepage Nicole
Seller's Agent
Betsy Olson
Capture Arizona, LLC
Buyer's Agent
Ron Serafini
HomeSmart
List Price
$359,700
Sold Price
$345,000
Premium/Discount to List
-$14,700
-4.09%
Current Estimated Value
$525,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,244
Avg. Annual Appreciation
8.23%
Original Mortgage
$276,000
Outstanding Balance
$247,233
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$277,336
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
Lepage Nicole $345,000 Equity Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lepage Nicole $276,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2020 05/13/20 Sold $345,000 -4.1% $262 / Sq Ft
05/11/2020 05/11/20 Price Changed $359,700 0.0% $273 / Sq Ft
04/11/2020 04/11/20 Pending -- -- --
04/04/2020 04/04/20 Pending -- -- --
03/31/2020 03/31/20 For Sale $359,700 -- $273 / 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 $1,057 $18,531 -- --
2024 $1,034 $17,649 -- --
2023 $1,034 $33,180 $6,630 $26,550
2022 $984 $26,030 $5,200 $20,830
2021 $1,068 $23,780 $4,750 $19,030
2020 $1,058 $21,500 $4,300 $17,200
2019 $1,026 $20,170 $4,030 $16,140
2018 $1,002 $18,930 $3,780 $15,150
2017 $946 $17,130 $3,420 $13,710
2016 $927 $16,600 $3,320 $13,280
2015 $891 $15,160 $3,030 $12,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6059222

Arizona Regional Multiple Listing Service (ARMLS)

APN: 173-60-130