NOT LISTED FOR SALE

Estimated Value: $181,642 - $228,000

2 Beds
1.5 Baths
968 Sq Ft
$211/Sq Ft Est. Value

Last Sold June 23, 2015

Last sale price $40,500 $42 Per Sq Ft

Est. 405% increase in value since last sale

Current estimated payment $1,261/month

34 Days on Market

Highlights

  • Tile Flooring
  • Property is near bus stop
  • Heating Available
  • Phoenix Coding Academy Rated A
  • Central Air

About This Home

As of June 2015

PRICE REDUCED $10,000 FOR A QUICK SALE! 8 CAP rate on a rare 2 bedroom Townhome close the Arcadia area and nearby Papago Park & Golf Course, Phoenix Airport, Arizona State University, Phoenix Zoo, Desert Botanical Gardens and just minutes to the major highways. Lots of open space. Great Investment Opportunity. All appliances are included with a coin-op washer and dryer located under the covered carport. Current being leased at $600/ month. There is also another 2 bedroom town home available by the same owner in this complex. Drive by viewings ONLY. Do not disturb tenants. Access will be made available once under contract.

Last Agent to Sell the Property

Joshua Roubal

Dwellings Realty Group License #SA555438000 Listed on: 05/08/2015

Last Buyer's Agent

Edward Shalabi

Venture REI, LLC License #SA525242000

Venture REI, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $276

Year Built

  • Built in 1972

Lot Details

  • 404

HOA Fees

  • $170 Monthly HOA Fees

Parking

  • 2 Carport Spaces

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 968 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Utilities

  • Central Air
  • Heating Available

Additional Features

  • 404 Sq Ft Lot
  • Property is near bus stop

Community Details

  • Association fees include insurance, sewer, ground maintenance, street maintenance, front yard maint, trash, water, roof replacement, maintenance exterior
  • Pride Management Association, Phone Number (480) 682-3209
  • Villa Verde Subdivision

Listing and Financial Details

  • Legal Lot and Block 14 / 4
  • Assessor Parcel Number 125-14-035

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$276

Year Built

Built in 1972

Lot Details

0

HOA Fees

$170 per month

Listing Details

  • Cross Street: N 48th St and E McDowell Rd
  • 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: 170.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1972
  • Tax Year: 2014
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.01
  • Subdivision Name: Villa Verde
  • Property Attached Yn: Yes
  • General Property Description:PriceSqFt: 41.84
  • Association Fees:HOA Fee2: 170.0
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Full Bth Master Bdrm
  • Living Area: 968.0
  • Stories: 2
  • Kitchen Features:RangeOven Elec: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Pool Features: None
  • Disclosures: Other (See Remarks), Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted, Block
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Carport Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop
  • Association Fee: 170.0
  • Association Fee Frequency: Monthly
  • Association Name: Pride Management
  • Phone: 480-682-3209
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 150.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Pride Management
  • 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_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Insurance, Sewer, Maintenance Grounds, Street Maint, Front Yard Maint, Trash, Water, Roof Replacement, Maintenance Exterior

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 404.0
  • Parcel #: 125-14-035

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 276.0
  • Tax Block: 4
  • Tax Book Number: 125.00
  • Tax Lot: 14
  • Tax Map Number: 14.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2015
Closed on
Jun 18, 2015
Sold by
Kennedy Real Estate Investments Llc
Bought by
Aidarus Amal
Seller's Agent
Joshua Roubal
Dwellings Realty Group
Buyer's Agent
Edward Shalabi
Venture REI, LLC
List Price
$54,900
Sold Price
$40,500
Premium/Discount to List
-$14,400
-26.23%
Current Estimated Value
$204,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,161
Avg. Annual Appreciation
16.55%

Purchase Details

Listed on
Sep 2, 2013
Closed on
Nov 8, 2013
Sold by
Four Fortunes Llc
Bought by
Kennedy Real Estates Investments Llc
Seller's Agent
William Nager
My Home Group Real Estate
Buyer's Agent
Jon Dzwonkoski
Red Brick Realty, LLC
List Price
$34,900
Sold Price
$33,500
Premium/Discount to List
-$1,400
-4.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.25%

Purchase Details

Listed on
Sep 2, 2013
Closed on
Sep 17, 2013
Sold by
Syed Mubadla and Rashid Mamoon
Bought by
Rashid Mamoon
Seller's Agent
William Nager
My Home Group Real Estate
Buyer's Agent
Jon Dzwonkoski
Red Brick Realty, LLC
List Price
$34,900
Sold Price
$33,500
Premium/Discount to List
-$1,400
-4.01%

Purchase Details

Listed on
Sep 2, 2013
Closed on
Sep 10, 2013
Sold by
Rashid Mamoon
Bought by
Four Fortunes Llc
Seller's Agent
William Nager
My Home Group Real Estate
Buyer's Agent
Jon Dzwonkoski
Red Brick Realty, LLC
List Price
$34,900
Sold Price
$33,500
Premium/Discount to List
-$1,400
-4.01%

Purchase Details

Closed on
Jan 29, 2013
Sold by
Farooqi Asyah
Bought by
Rashid Mamoon

Purchase Details

Closed on
Jun 16, 2009
Sold by
Farooqi Haroon R
Bought by
Farooqi Asyah

Purchase Details

Closed on
Jun 5, 2009
Sold by
Fannie Mae
Bought by
Farooqi Asyah

Purchase Details

Closed on
May 18, 2009
Sold by
Aurora Loan Services Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 26, 2009
Sold by
Aurora Loan Services Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 10, 2009
Sold by
Pena Carlos
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Jun 29, 2007
Sold by
Gutierrez Reynaldo
Bought by
Pena Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
9.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2000
Sold by
Schwinghamer Donald E and Schwinghamer Rita M
Bought by
Gutirrez Reynaldo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,000
Interest Rate
7.81%
Mortgage Type
Seller Take Back
Source: Public Records
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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
Aidarus Amal $40,500 Equity Title Agency Inc
Kennedy Real Estates Investments Llc $37,985 Clear Title Agency Of Arizon
Rashid Mamoon -- Clear Title Agency Of Arizon
Four Fortunes Llc $33,500 Clear Title Agency Of Arizon
Rashid Mamoon $20,000 None Available
Farooqi Asyah -- Lawyers Title Of Arizona Inc
Farooqi Asyah $15,000 Lawyers Title Of Arizona Inc
Federal National Mortgage Association -- Lsi Title Company
Federal National Mortgage Association -- Lsi Title Company
Federal National Mortgage Association -- Lsi Title Company
Aurora Loan Services Llc $99,075 None Available
Pena Carlos $90,000 Security Title Agency Inc
Gutirrez Reynaldo $31,000 Equity Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pena Carlos $90,000
Previous Owner Gutirrez Reynaldo $11,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/23/2015 06/23/15 Sold $40,500 -9.9% $42 / Sq Ft
05/28/2015 05/28/15 Price Changed $44,950 -9.7% $46 / Sq Ft
05/18/2015 05/18/15 Price Changed $49,800 -9.3% $51 / Sq Ft
05/08/2015 05/08/15 For Sale $54,900 +63.9% $57 / Sq Ft
09/13/2013 09/13/13 Sold $33,500 -4.0% $35 / Sq Ft View Prior Sale
09/04/2013 09/04/13 Pending -- -- --
09/02/2013 09/02/13 For Sale $34,900 -- $36 / 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 $369 $3,292 -- --
2024 $342 $3,136 -- --
2023 $342 $13,280 $2,650 $10,630
2022 $329 $10,580 $2,110 $8,470
2021 $339 $8,860 $1,770 $7,090
2020 $332 $5,310 $1,060 $4,250
2019 $331 $4,300 $860 $3,440
2018 $310 $3,670 $730 $2,940
2017 $296 $3,400 $680 $2,720
2016 $290 $3,450 $690 $2,760
2015 $311 $2,670 $530 $2,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5277245

Arizona Regional Multiple Listing Service (ARMLS)

APN: 125-14-035