NOT LISTED FOR SALE

Estimated Value: $408,150 - $450,000

3 Beds
2 Baths
2,270 Sq Ft
$191/Sq Ft Est. Value

Last Sold April 19, 2013

Last sale price $160,000 $70 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $2,647/month

13 Days on Market

Highlights

  • Granite Countertops
  • Covered patio or porch
  • Tile Flooring
  • Phoenix Coding Academy Rated A
  • Solar Screens
  • High Speed Internet

About This Home

As of April 2013

Exclusive opportunity for owner occupants to receive $15,000 in down payment and closing cost assistance through the Move-In Ready Program of the City of Phoenix Neighborhood Stabilization Program (NSP). Investor offers cannot be accepted. 3 bedrooms, 2 bathrooms home. This is a Newly Remodeled, Energy Efficient Home. Brand New Energy Efficient appliance package includes, stove, dishwasher, disposal and 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, electric, plumbing, cooling and heating, among others. Take advantage of this great program that offers a great home with financial incentives and NO INVESTOR COMPETITION!!

Last Agent to Sell the Property

Claudia Schulz

DRH Properties Inc License #BR535203000 Listed on: 01/16/2013

Last Buyer's Agent

Queensley Udofia

Realty ONE Group License #SA038317000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,444

Year Built

  • Built in 2005

Lot Details

  • 6,050 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,270 Sq Ft Home
  • 2-Story Property
  • Solar Screens
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered patio or porch

Schools

  • Cheatham 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 HOA, Phone Number (623) 877-1396
  • Built by D R Horton Homes
  • Cheatam Farms Subdivision

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 300-84-682

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,444

Year Built

Built in 2005

Lot Details

0

HOA Fees

$75 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: N
  • Total Monthly Fee Equivalent: 75.16
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2005
  • Tax Year: 2012
  • Directions: South on 51st Ave. East on South Mountain Rd. South on 47th Dr. West on Allen St. to Property.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.14
  • Subdivision Name: Cheatam Farms
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 225.5
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Pantry, Full Bth Master Bdrm, High Speed Internet, Granite Counters
  • Living Area: 2270.0
  • Stories: 2
  • Window Features: Sunscreen(s)
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Granite Countertops: 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: 225.5
  • Association Fee Frequency: Quarterly
  • Association Name: Cheatam Farms HOA
  • Phone: 623-877-1396
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 100.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Cheatam Farms HOA
  • 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

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Cheatham 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: 6050.0
  • Parcel #: 300-84-682
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: D R Horton Homes

Tax Info

  • Tax Annual Amount: 1444.12
  • Tax Book Number: 300.00
  • Tax Lot: 22
  • Tax Map Number: 84.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2013
Closed on
Apr 16, 2013
Sold by
Mandalay Communities Inc
Bought by
Balcha Ephrem N
Seller's Agent
Claudia Schulz
DRH Properties Inc
Buyer's Agent
Queensley Udofia
Realty ONE Group
List Price
$160,000
Sold Price
$160,000
Current Estimated Value
$437,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,161
Avg. Annual Appreciation
8.56%
Original Mortgage
$150,691
Outstanding Balance
$107,711
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$332,478

Purchase Details

Closed on
Jun 17, 2012
Sold by
Wells Fargo Bank Na
Bought by
Mandalay Communities Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,563
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 2012
Sold by
Edelman Debra L and Edelman Jeffery L
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Aug 30, 2005
Sold by
Continental Homes Inc
Bought by
Edelman Jeffrey L and Edelman Debra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,696
Interest Rate
5.64%
Mortgage Type
New Conventional
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
Balcha Ephrem N $160,000 Chicago Title Agency Inc
Mandalay Communities Inc $130,000 Chicago Title Agency Inc
Wells Fargo Bank Na $192,766 None Available
Edelman Jeffrey L $262,991 Dhi Title Of Arizona Inc
Continental Homes Inc -- Dhi Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balcha Ephrem N $150,691
Closed Balcha Ephrem N $15,000
Previous Owner Mandalay Communities Inc $57,693
Previous Owner Mandalay Communities Inc $126,563
Previous Owner Edelman Jeffrey L $209,696
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2013 04/19/13 Sold $160,000 0.0% $70 / Sq Ft
01/29/2013 01/29/13 Pending -- -- --
01/16/2013 01/16/13 For Sale $160,000 -- $70 / 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 $2,132 $15,333 -- --
2024 $2,092 $14,603 -- --
2023 $2,092 $31,360 $6,270 $25,090
2022 $2,029 $23,800 $4,760 $19,040
2021 $2,045 $22,280 $4,450 $17,830
2020 $1,990 $20,430 $4,080 $16,350
2019 $1,996 $18,510 $3,700 $14,810
2018 $1,898 $17,530 $3,500 $14,030
2017 $1,795 $15,580 $3,110 $12,470
2016 $1,703 $14,520 $2,900 $11,620
2015 $1,534 $14,130 $2,820 $11,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4876075

Arizona Regional Multiple Listing Service (ARMLS)

APN: 300-84-682