NOT LISTED FOR SALE

Estimated Value: $421,862 - $529,000

2 Beds
2 Baths
1,063 Sq Ft
871 Sq Ft Lot

Last Sold April 17, 2018

Last sale price $264,900 $249 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $2,696/month

75 Days on Market

Highlights

  • Heated Pool
  • End Unit
  • Double Pane Windows
  • Phoenix Coding Academy Rated A
  • Eat-In Kitchen
  • Dual Vanity Sinks in Primary Bathroom

About This Home

As of April 2018

FHA LOAN ASSUMABLE! 3.25 RATE - Buyer must qualify with current lender. Ask for details. Fantastic & sought-after single level in Madison Place! This has been a popular floorplan and these rarely come on the market. This first floor, end unit plan is known for it's split bedrooms, open feel, and efficient use of space and light. Owner has lightly lived in this unit & pride of ownership is present. The buzz words ''move in ready'', ''immaculate'' and ''modern'' describe this space. Nicely appointed unit with expresso cabinets, white quartz kitchen
counters, & spa-style floor tile in all areas except two bedrooms where there is highly
upgraded carpet. Rich cabinets & kitchen has upgraded gas range & appliances. Owner including side by side full size stainless refrigerator, washer & dryer. Master bedroom has ensuite and spacious walk in closet. Two car garage is preplumbedfor water soft loop. Project is FHA and VA loan approved with healthy HOA. This is an amazing opportunity especially in highly desired Madison neighborhood and 85016 zip code. Minutes to the
Biltmore, 51 Freeway and downtown Phoenix.

Last Agent to Sell the Property

Robert Mruz

Embarc Realty License #SA541788000 Listed on: 12/13/2017

Embarc Realty

Last Buyer's Agent

Craig Young

REI Marketing License #BR107286000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,007

Year Built

  • Built in 2013

Lot Details

  • 871

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 1,063 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Pool

  • Heated Pool
  • Heated Spa

Schools

  • Madison Rose Lane Elementary School
  • Madison #1 Middle School
  • North High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • End Unit
  • Property is near bus stop

Listing and Financial Details

  • Tax Lot 182
  • Assessor Parcel Number 162-02-309

Community Details

Overview

  • Property has a Home Owners Association
  • Aam Association, Phone Number (602) 957-9191
  • Built by Meritage Homes
  • Madison Place Subdivision
  • FHA/VA Approved Complex

Recreation

  • Heated Community Pool
  • Community Spa

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,007

Year Built

Built in 2013

Lot Details

0

Parking

2

Listing Details

  • Cross Street: 16th Street and Missouri
  • Legal Info Range: 3E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 225.65
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2013
  • Tax Year: 2017
  • Property Sub Type: Apartment Style/Flat
  • Lot Size Acres: 0.02
  • Subdivision Name: MADISON PLACE
  • Architectural Style: Other (See Remarks)
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 249.2
  • Association Fees:HOA Fee2: 225.65
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Windows:Low-E: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: Community, Heated, None
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Walk-In Closet(s), Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Fire Sprinklers, No Interior Steps, Soft Water Loop, Kitchen Island, 3/4 Bath Master Bdrm, Double Vanity, High Speed Internet
  • Living Area: 1063.0
  • Stories: 2
  • Window Features: ENERGY STAR Qualified Windows, Double Pane Windows, Low Emissivity Windows
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Community Spa: Yes

Exterior Features

  • Fencing: None
  • Pool Features: Community, Heated, None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: End Unit
  • Construction Type: Painted, Stucco, Stone, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Dryer Included, Inside, Wshr/Dry HookUp Only, Washer Included
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop, Pool
  • Amenities: FHA Approved Prjct, Rental OK (See Rmks), VA Approved Prjct
  • Association Fee Frequency: Monthly
  • Association Name: Madison Place HOA
  • Phone: 602-957-9191
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Madison Place HOA
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 676.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: AAM
  • Association Fees:Cap ImprovementImpact Fee 2: 676.0
  • 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 Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Pest Control: Yes

Schools

  • Elementary School: Madison Rose Lane School
  • High School: North High School
  • Middle Or Junior School: Madison #1 Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1019.0
  • Parcel #: 162-02-309
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Meritage Homes

Tax Info

  • Tax Annual Amount: 2007.0
  • Tax Book Number: 162.00
  • Tax Lot: 182
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2025
Sold by
Bailey Charity
Bought by
Bailey Girl Properties Llc
Current Estimated Value
$476,216

Purchase Details

Listed on
Dec 13, 2017
Closed on
Apr 2, 2018
Sold by
Cop Joseph Roman
Bought by
Bailey Charity
Seller's Agent
Robert Mruz
Embarc Realty
Buyer's Agent
Craig Young
REI Marketing
List Price
$266,900
Sold Price
$264,900
Premium/Discount to List
-$2,000
-0.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.86%
Original Mortgage
$260,101
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 29, 2013
Closed on
Dec 4, 2013
Sold by
Meritage Homes Of Arizona Inc
Bought by
Cop Joseph Roman
Seller's Agent
Janine Long
Lockman & Long Real Estate
Buyer's Agent
Kimberly Decker
Realty ONE Group
List Price
$241,900
Sold Price
$256,890
Premium/Discount to List
$14,990
6.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.71%
Original Mortgage
$252,236
Interest Rate
4.25%
Mortgage Type
FHA
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
Bailey Girl Properties Llc -- --
Bailey Charity $264,900 Title Alliance Platinum Agen
Cop Joseph Roman $256,890 Carefree Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bailey Charity $260,101
Previous Owner Cop Joseph Roman $252,236
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/17/2018 04/17/18 Sold $264,900 0.0% $249 / Sq Ft
02/25/2018 02/25/18 Pending -- -- --
02/24/2018 02/24/18 Price Changed $264,900 0.0% $249 / Sq Ft
02/17/2018 02/17/18 Price Changed $264,800 0.0% $249 / Sq Ft
02/05/2018 02/05/18 Price Changed $264,900 -0.7% $249 / Sq Ft
01/31/2018 01/31/18 Price Changed $266,800 0.0% $251 / Sq Ft
01/04/2018 01/04/18 Price Changed $266,900 0.0% $251 / Sq Ft
12/27/2017 12/27/17 Price Changed $266,800 0.0% $251 / Sq Ft
12/12/2017 12/12/17 For Sale $266,900 +3.9% $251 / Sq Ft
12/10/2013 12/10/13 Sold $256,890 +6.2% $237 / Sq Ft View Prior Sale
09/20/2013 09/20/13 Pending -- -- --
07/29/2013 07/29/13 For Sale $241,900 -- $223 / 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 $2,470 $18,957 -- --
2024 $2,291 $18,054 -- --
2023 $2,291 $29,800 $5,960 $23,840
2022 $2,223 $25,580 $5,110 $20,470
2021 $2,242 $24,570 $4,910 $19,660
2020 $2,207 $25,530 $5,100 $20,430
2019 $2,159 $25,020 $5,000 $20,020
2018 $1,856 $22,120 $4,420 $17,700
2017 $2,007 $18,530 $3,700 $14,830
2016 $1,937 $18,960 $3,790 $15,170
2015 $1,580 $14,920 $2,980 $11,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5697998

Arizona Regional Multiple Listing Service (ARMLS)

APN: 162-02-309