NOT LISTED FOR SALE

Estimated Value: $395,000 - $404,000

2 Beds
2 Baths
1,086 Sq Ft
$250/mo HOA Fee

Last Sold January 29, 2021

Last sale price $277,700 $256 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,496/month

20 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Vaulted Ceiling
  • Sequoya Elementary School Rated A
  • Unit is on the top floor
  • Granite Countertops

About This Home

As of January 2021

Don't miss this two bedroom condo in Milano Terrace! This home has been refreshed with new interior paint and new carpet. The kitchen features granite countertops and stainless steel appliances. The living room has a fireplace to cozy up to and a sliding glass door that leads to a private balcony. Split bedroom floorplan for added privacy. The primary bedroom has an ensuite bathroom and ample closet space. Second floor unit with a one car garage, close to the community pool. Close to lots of shopping and dining, parks, golf, hiking and biking trails, and easy freeway access. Vacant and ready for viewing, come see!

Last Agent to Sell the Property

Derek Dickson

OfferPad Brokerage, LLC License #SA639968000 Listed on: 12/09/2020

Last Buyer's Agent

Katherine Walsh

Keller Williams Realty East Valley License #SA655318000

Keller Williams Realty East Valley

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,220

Year Built

  • Built in 1985

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,086 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Living Room with Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Built-In Microwave
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Schools

  • Sequoya Elementary School
  • Cocopah Middle School
  • Chaparral High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Balcony
  • Two or More Common Walls
  • Unit is on the top floor

Listing and Financial Details

  • Tax Lot 144
  • Assessor Parcel Number 167-75-149

Community Details

Overview

  • Association fees include roof repair, insurance, ground maintenance, street maintenance, front yard maint, trash, roof replacement, maintenance exterior
  • Total Prop Mgt Az Association, Phone Number (602) 952-5581
  • Milano Terrace Private Residences Condominium Subdivision

Recreation

  • Golf Course Community
  • Fitness Center
  • Heated Community Pool
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,220

Year Built

Built in 1985

Lot Details

0

HOA Fees

$250 per month

Parking

1

Listing Details

  • Cross Street: 52nd St & Shea
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 250.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1985
  • Tax Year: 2020
  • Directions: 52nd St & Shea. East from Tatu, on Shea to Milano Terrace. Drive through the complex to a traffic circle. Walk East toward Golf Course.
  • Property Sub Type: Apartment
  • Horses: No
  • Subdivision Name: MILANO TERRACE PRIVATE RESIDENCES CONDOMINIUM
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 250.0
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Vaulted Ceiling(s), Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1086.0
  • Stories: 1
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Golf: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Common Walls: Two Common Walls, Neighbor Below
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Detached
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Detached: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Golf, Community Pool Htd, Community Pool, Biking/Walking Path, Fitness Center
  • Association Fee: 250.0
  • Association Fee Frequency: Monthly
  • Association Name: MILANO TERRACE
  • Phone: 602-952-5581
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 375.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: MILANO TERRACE
  • Association Fees:HOA Telephone4: 602-952-5581
  • 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:HOA Management Company: TOTAL PROP MGT AZ
  • 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 Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

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

Schools

  • Elementary School: Sequoya Elementary School
  • High School: Chaparral High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Cocopah Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 114.0
  • Parcel #: 167-75-149

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Annual Amount: 1220.0
  • Tax Book Number: 167.00
  • Tax Lot: 144
  • Tax Map Number: 75.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2020
Closed on
Dec 29, 2020
Sold by
Offerpad Llc
Bought by
Harrell Richard Joseph and Harrell Christine Ann
Seller's Agent
Derek Dickson
OfferPad Brokerage, LLC
Buyer's Agent
Katherine Walsh
Keller Williams Realty East Valley
List Price
$280,000
Sold Price
$277,700
Premium/Discount to List
-$2,300
-0.82%
Current Estimated Value
$398,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,708
Avg. Annual Appreciation
8.45%
Original Mortgage
$208,275
Outstanding Balance
$187,882
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$215,792

Purchase Details

Closed on
Nov 10, 2020
Sold by
Biederwolf Nicklaus
Bought by
Offerpad Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,275
Outstanding Balance
$187,882
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$215,792

Purchase Details

Closed on
Jun 22, 2006
Sold by
Wohldmann Kurt
Bought by
Biederwolf Nicklaus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,500
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2006
Sold by
Holden Shannon and Wohldmann Kurt
Bought by
Wohldmann Kurt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,284
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2006
Sold by
Ec Milano Terrace Llc
Bought by
Wohldmann Kurt and Holden Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,284
Interest Rate
6.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Harrell Richard Joseph $277,700 First American Title Ins Co
Offerpad Llc $262,500 First American Title Ins Co
Biederwolf Nicklaus $285,500 First American Title Ins Co
Wohldmann Kurt -- The Talon Group Kierland
Wohldmann Kurt $245,355 The Talon Group Kierland
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harrell Richard Joseph $208,275
Previous Owner Biederwolf Nicklaus $234,000
Previous Owner Biederwolf Nicklaus $255,500
Previous Owner Wohldmann Kurt $196,284
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $277,700 -0.8% $256 / Sq Ft
12/29/2020 12/29/20 Pending -- -- --
12/09/2020 12/09/20 For Sale $280,000 -- $258 / 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 $1,100 $16,180 -- --
2024 $1,246 $15,409 -- --
2023 $1,246 $27,220 $5,440 $21,780
2022 $1,195 $21,280 $4,250 $17,030
2021 $1,239 $19,960 $3,990 $15,970
2020 $1,220 $18,950 $3,790 $15,160
2019 $1,027 $16,920 $3,380 $13,540
2018 $995 $15,580 $3,110 $12,470
2017 $944 $14,550 $2,910 $11,640
2016 $918 $13,210 $2,640 $10,570
2015 $844 $12,680 $2,530 $10,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6169305

Arizona Regional Multiple Listing Service (ARMLS)

APN: 167-75-149