NOT LISTED FOR SALE

Estimated Value: $345,788 - $386,000

2 Beds
2 Baths
1,005 Sq Ft
$365/Sq Ft Est. Value

Last Sold January 08, 2020

Last sale price $242,000 $241 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,019/month

Highlights

  • Gated Community
  • Vaulted Ceiling
  • Community Pool
  • Phoenix Coding Academy Rated A
  • Granite Countertops
  • 4-minute walk to Old Cross Cut Canal Park

About This Home

As of January 2022

Perfect location in Arcadia area. Gated community Amazing townhome centrally located with quick access to freeways. Very close to downtown, old town Scottsdale, ASU, airport, and shopping. Near bike path to Tempe and hiking trail. Granite counters in kitchen with new stainless steel appliances. Open concept with vaulted ceiling, updated bathrooms with granite counters. Spacious owners bathroom with walk in shower. Large back patio, dual pane low-E doors. French doors to front patio. Nice for entertaining in a quiet community. No Cats! Tenants responsible for pay Admin fee $ 150.00 prior to move in.

Last Agent to Rent the Property

Ben Burklow

The Phoenix Area Real Estate License #BR577856000 Listed on: 01/09/2022

Last Renter's Agent

Nicholas Rossi

Vylla Home License #SA695897000

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 2,039 Sq Ft Lot
  • Desert faces the back of the property
  • Block Wall Fence

Home Design

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

Interior Spaces

  • 1,005 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Parking

  • 2 Carport Spaces
  • Assigned Parking

Schools

  • Griffith Elementary School
  • Orangedale Junior High Prep Academy
  • Camelback High School

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Patio

Listing and Financial Details

  • Property Available on 1/9/22
  • $150 Move-In Fee
  • 12-Month Minimum Lease Term
  • $50 Application Fee
  • Tax Lot 43
  • Assessor Parcel Number 126-14-087

Community Details

Overview

  • Property has a Home Owners Association
  • Thomas East Association, Phone Number (602) 788-0403
  • 4935 Thomas Road East Subdivision

Recreation

  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

Rental Info

  • HOA Paid By: Landlord
  • Rent Includes: None
  • Available Date: 2022-01-09

Listing Details

  • Cross Street: 48th St. and Thomas
  • Legal Info Range: 4E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1979
  • Rental Info H O A Name: Thomas East
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 2.3
  • Initial Move In Costs Admin Fee: 150.0
  • Initial Move In Costs Application Fee: 50.0
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Patio Home
  • Horses: No
  • Lot Size Acres: 0.05
  • Subdivision Name: 4935 THOMAS ROAD EAST
  • Property Attached Yn: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Laundry Features Inside: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 2
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: Granite Counters, Eat-in Kitchen, No Interior Steps, Vaulted Ceiling(s), 3/4 Bath Master Bdrm
  • Living Area: 1005.0
  • Stories: 1
  • Window Features: Dual Pane
  • Community Features:Community Pool: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Back
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Block
  • Patio And Porch Features: Patio
  • Roof: Tile, Foam
  • Construction:Block: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Assigned
  • Attached Garage: No
  • Carport Spaces: 2.0
  • Parking Features:Assigned Parking: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Inside, Stacked Washer/Dryer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated, Community Pool
  • Association Name: Thomas East
  • Phone: 602-788-0403
  • Association: Yes
  • Pets Allowed: Lessor Approval

Schools

  • Elementary School: Griffith Elementary School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Orangedale Junior High Prep Academy

Lot Info

  • Lot Size Sq Ft: 2039.0
  • Parcel #: 126-14-087

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Book Number: 126.00
  • Tax Lot: 43
  • Tax Map Number: 14.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2020
Closed on
Jan 3, 2020
Sold by
Erbes Bobbie
Bought by
Mcroy Kareem
Seller's Agent
Ben Burklow
The Phoenix Area Real Estate
Buyer's Agent
Jennifer Cordovana
Compass
Sold Price
$1,425
Current Estimated Value
$366,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$365,522
Avg. Annual Appreciation
7.21%
Original Mortgage
$217,000
Outstanding Balance
$191,728
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$175,219

Purchase Details

Listed on
Oct 8, 2016
Closed on
Apr 18, 2017
Sold by
Ludwig Investments One Llc
Bought by
Erbes Bobbie
Seller's Agent
Alma Quintanilla Bengtson
HomeSmart
Buyer's Agent
Justin Tiffany
Berkshire Hathaway HomeServices Arizona Properties
List Price
$229,500
Sold Price
$205,000
Premium/Discount to List
-$24,500
-10.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%
Original Mortgage
$201,286
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 16, 2005
Sold by
Deakin Robert William
Bought by
Ludwig Investments One Llc

Purchase Details

Closed on
Nov 25, 2002
Sold by
Redman Amelia P and Simpson Amelia
Bought by
Deakin Robert William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,600
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcroy Kareem $242,000 American Title Svc Agcy Llc
Erbes Bobbie $205,000 Empire West Title Agency
Ludwig Investments One Llc -- --
Deakin Robert William $107,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcroy Kareem $217,000
Previous Owner Erbes Bobbie $201,286
Previous Owner Deakin Robert William $85,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/24/2022 01/24/22 Rented $1,575 0.0% --
01/21/2022 01/21/22 Off Market $1,575 -- --
01/09/2022 01/09/22 For Rent $1,575 +10.5% --
01/22/2020 01/22/20 Rented $1,425 0.0% --
01/21/2020 01/21/20 Off Market $1,425 -- --
01/13/2020 01/13/20 For Rent $1,425 0.0% --
01/08/2020 01/08/20 Sold $242,000 -0.8% $241 / Sq Ft View Prior Sale
12/13/2019 12/13/19 Pending -- -- --
12/10/2019 12/10/19 Price Changed $244,000 -2.0% $243 / Sq Ft
11/15/2019 11/15/19 Price Changed $249,000 -2.7% $248 / Sq Ft
10/31/2019 10/31/19 Price Changed $255,900 -1.4% $255 / Sq Ft
09/23/2019 09/23/19 For Sale $259,500 +7.2% $258 / Sq Ft
09/23/2019 09/23/19 Off Market $242,000 -- --
09/10/2019 09/10/19 For Sale $259,500 +26.6% $258 / Sq Ft
04/20/2017 04/20/17 Sold $205,000 -6.4% $204 / Sq Ft View Prior Sale
03/19/2017 03/19/17 Pending -- -- --
03/04/2017 03/04/17 Price Changed $219,000 -4.6% $218 / Sq Ft
10/08/2016 10/08/16 For Sale $229,500 -- $228 / 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 $1,160 $12,058 -- --
2024 $1,253 $11,484 -- --
2023 $1,253 $24,630 $4,920 $19,710
2022 $1,204 $21,320 $4,260 $17,060
2021 $1,240 $17,980 $3,590 $14,390
2020 $1,216 $16,920 $3,380 $13,540
2019 $1,214 $14,610 $2,920 $11,690
2018 $1,136 $10,020 $2,000 $8,020
2017 $1,084 $9,220 $1,840 $7,380
2016 $1,214 $8,600 $1,720 $6,880
2015 $1,139 $8,820 $1,760 $7,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6339646

Arizona Regional Multiple Listing Service (ARMLS)

APN: 126-14-087