NOT LISTED FOR SALE

Estimated Value: $571,237

3 Beds
4 Baths
1,568 Sq Ft
$364/Sq Ft Est. Value

Last Sold September 25, 2023

Last sale price $525,000 $335 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,827/month

123 Days on Market

Highlights

  • City Lights View
  • Contemporary Architecture
  • Granite Countertops
  • Phoenix Coding Academy Rated A
  • Property is near public transit
  • Balcony

About This Home

As of September 2023

Come fall in love. Here's a rare opportunity to own a stylish multi-level home with a sought after location & awesome daytime and night time views. I interviewed the neighbors; they love living there. 1st level is the foyer and garage. 2nd level is the south facing great room, north facing kitchen, and powder room. 3rd level has 2 bedrooms and 2 baths and a built-in washer-dryer. 4th level is the penthouse styled master bedroom with south facing balcony overlooking downtown Phoenix's iconic landmarks. The master bedroom features a walk-in closet and its own 3/4 bath with double sinks & commode with privacy. If you appreciate good architecture, and don't mind staircases, this is the right place for you. If you own 2 cars, there's plenty of room to park in the tandem style deep garage.

Last Listed By

Gary Shapiro

Shapiro Realty, Inc License #BR004186000 Listed on: 05/03/2023

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,557

Year Built

  • Built in 2014

Lot Details

  • 1,022 Sq Ft Lot
  • Two or More Common Walls
  • Block Wall Fence
  • Artificial Turf

HOA Fees

  • $334 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Tandem Parking
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Stucco

Interior Spaces

  • 1,568 Sq Ft Home
  • 4-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • City Lights Views

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Home Security

Outdoor Features

  • Balcony

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Emerson Elementary School
  • Central High School

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 7
  • Assessor Parcel Number 111-38-219

Community Details

Overview

  • Association fees include ground maintenance, maintenance exterior
  • Trestle Association, Phone Number (480) 422-0888
  • Built by Desert Wise Builders
  • Portland 2 Subdivision

Security

  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,557

Year Built

Built in 2014

Lot Details

0

HOA Fees

$334 per month

Parking

2

Listing Details

  • Cross Street: 7th Street and McDowell
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Community Facilities District: N
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 334.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2014
  • Tax Year: 2022
  • Directions: South on 7 St from McDowell past freeway. West on Portland. North on 5 Place. West on Moreland. Look for the colorful condos. Park on Moreland or in center of complex (Ames) and look for garage 513.
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: PORTLAND 2
  • Architectural Style: Contemporary
  • Efficiency: Multi-Zones
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 334.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Upstairs, Breakfast Bar, 9+ Flat Ceilings, Fire Sprinklers, 3/4 Bath Master Bdrm, Double Vanity, High Speed Internet, Granite Counters
  • Living Area: 1568.0
  • Stories: 4
  • Window Features: Double Pane Windows
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony
  • Lot Features: Synthetic Grass Frnt
  • Pool Features: None
  • Pool Private: No
  • View: City Lights
  • Disclosures: Agency Discl Req, Seller Discl Avail, Vicinity of an Airport
  • Home Warranty: Yes
  • Common Walls: Two Common Walls
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: See Remarks
  • Construction:Frame - Wood: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener, Tandem
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Tandem Garage: Yes

Utilities

  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Light Rail Stop, Near Bus Stop
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 334.0
  • Association Fee Frequency: Monthly
  • Association Name: Portland 2
  • Phone: 480-422-0888
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 75.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Portland 2
  • Association Fees:HOA Telephone4: 480-422-0888
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 607.2
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 607.2
  • Association Fees:Disclosure Fees HOA: 250.0
  • Association Fees:Other Fees HOA: 75.0
  • Association Fees:Other Fees Description: Demand Fee
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Trestle
  • Association Fees:HOA Management Phone: 480-422-0888
  • Association Fee Incl:Exterior Mnt of Unit: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Maintenance Exterior

Schools

  • Elementary School: Emerson Elementary School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Emerson Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1022.0
  • Parcel #: 111-38-219
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Desert Wise Builders

Tax Info

  • Tax Annual Amount: 3557.0
  • Tax Book Number: 111.00
  • Tax Lot: 7
  • Tax Map Number: 38.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2023
Closed on
Sep 25, 2023
Sold by
Old National Bank
Bought by
Gordon Deborah G and Gordon Jennifer R
Seller's Agent
Gary Shapiro
Shapiro Realty, Inc
Buyer's Agent
Nakia Brazil
Jason Mitchell Real Estate
List Price
$574,230
Sold Price
$525,000
Premium/Discount to List
-$49,230
-8.57%
Total Days on Market
123
Views
110
Current Estimated Value
$571,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,237
Avg. Annual Appreciation
4.34%

Purchase Details

Closed on
Feb 14, 2023
Sold by
Herold Richard H
Bought by
Old National Bank

Purchase Details

Closed on
May 23, 2014
Sold by
Portland Molly Properties Llc
Bought by
Ibanez Stephen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,500
Interest Rate
4.27%
Mortgage Type
New Conventional

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
Gordon Deborah G $525,000 Landmark Title
Old National Bank $870,849 --
Ibanez Stephen C $347,231 Security Title Agency
Portland Molly Properties Llc -- Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ibanez Stephen C $931,100
Previous Owner Ibanez Stephen C $312,500
Previous Owner Ibanez Stephen C $312,500
Previous Owner Portland Molly Llc $1,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2023 09/25/23 Sold $525,000 -4.5% $335 / Sq Ft
09/04/2023 09/04/23 Pending -- -- --
06/20/2023 06/20/23 Price Changed $550,000 -4.2% $351 / Sq Ft
05/03/2023 05/03/23 For Sale $574,230 -- $366 / 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 $3,734 $31,494 -- --
2024 $3,698 $29,994 -- --
2023 $3,698 $40,360 $8,070 $32,290
2022 $3,557 $32,900 $6,580 $26,320
2021 $3,560 $30,060 $6,010 $24,050
2020 $3,611 $29,520 $5,900 $23,620
2019 $3,611 $29,180 $5,830 $23,350
2018 $3,547 $30,160 $6,030 $24,130
2017 $3,421 $29,130 $5,820 $23,310
2016 $3,324 $28,650 $5,730 $22,920
2015 $3,028 $25,110 $5,020 $20,090
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6551642

Arizona Regional Multiple Listing Service (ARMLS)

APN: 111-38-219