NOT LISTED FOR SALE

Estimated Value: $276,638 - $320,000

2 Beds
2 Baths
1,315 Sq Ft
$225/Sq Ft Est. Value

Last Sold February 27, 2012

Last sale price $80,000 $61 Per Sq Ft

Est. 270% increase in value since last sale

Current estimated payment $1,722/month

101 Days on Market

Highlights

  • Heated Community Pool
  • Covered patio or porch
  • No Interior Steps
  • Franklin at Brimhall Elementary School Rated A
  • Solar Screens
  • Outdoor Storage

About This Home

As of February 2012

Check out this FANNIE MAE two bedroom two bath in Mesa that is located in an active adult community that features easy to care for and colorful front yard landscaping, Arizona room, large and open backyard with covered patio, and solid block construction. This is a Fannie Mae HomePath property. Property is being sold in as-is condition.

Last Agent to Sell the Property

Barbie Burke

Locality Real Estate License #BR110427000 Listed on: 10/11/2011

Locality Real Estate

Co-Listed By

Craig Anderson

Respect Realty License #BR007111000

Last Buyer's Agent

Suzanne Davis

eXp Realty License #SA117787000

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $387

Year Built

  • Built in 1963

Lot Details

  • 7,225 Sq Ft Lot
  • Desert faces the front and back of the property
  • Chain Link Fence
  • Backyard Sprinklers

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,315 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Solar Screens

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Covered patio or porch
  • Outdoor Storage

Schools

  • Adult Elementary And Middle School
  • Adult High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 143
  • Assessor Parcel Number 141-78-147

Community Details

Overview

  • Association fees include ground maintenance
  • Association Phone (480) 748-1279
  • Velda Rose Subdivision

Recreation

  • Heated Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$387

Year Built

Built in 1963

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • Cross Street: Higley Rd & University Dr.
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Total Monthly Fee Equivalent: 9.58
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1963
  • Tax Year: 2011
  • Directions: E on Higley Rd, N on 56th Pl, E on University Dr to subject property on north side of street.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.17
  • Co List Office Mls Id: rere001
  • Co List Office Phone: 602-999-9798
  • Subdivision Name: Velda Rose
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 115.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Laminate, Vinyl
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: No Interior Steps, Pantry, 3/4 Bath Master Bdrm, High Speed Internet
  • Living Area: 1315.0
  • Stories: 1
  • Window Features: Sunscreen(s)
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features Pantry: Yes
  • Community Features:Community Spa: Yes
  • Other Rooms:Arizona RoomLanai: Yes

Exterior Features

  • Fencing: Chain Link
  • Exterior Features: Covered Patio(s), Patio, Storage
  • Lot Features: Sprinklers In Rear, Desert Back, Desert Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener, RV Access/Parking
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:RV Parking: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: Community Spa Htd, Community Spa, Community Pool Htd, Community Pool
  • Amenities: Self Managed
  • Association Fee: 115.0
  • Association Fee Frequency: Annually
  • Phone: 480-748-1279
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 500.0
  • Association Fees:HOA Paid Frequency: Annually
  • Association Fees:HOA Telephone4: (480) 748-1279
  • Association Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Adult
  • High School: Adult
  • Junior High Dist: Out of Area
  • Middle Or Junior School: Adult

Lot Info

  • Lot Size Sq Ft: 7225.0
  • Parcel #: 141-78-147
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 386.56
  • Tax Book Number: 141.00
  • Tax Lot: 143
  • Tax Map Number: 78.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2019
Sold by
Lowell Richard H
Bought by
Yarbrough Timothy F
Current Estimated Value
$296,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Outstanding Balance
$53,253
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$242,907

Purchase Details

Listed on
Oct 11, 2011
Closed on
Feb 21, 2012
Sold by
Fannie Mae
Bought by
Lowell Richard G
Seller's Agent
Barbie Burke
Locality Real Estate
Buyer's Agent
Suzanne Davis
eXp Realty
List Price
$93,900
Sold Price
$80,000
Premium/Discount to List
-$13,900
-14.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.28%
Original Mortgage
$82,640
Interest Rate
3.83%
Mortgage Type
VA

Purchase Details

Closed on
Sep 2, 2011
Sold by
Nichols Henry C and Nichols Dorothy M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 23, 1999
Sold by
Laubenstein Dennis A
Bought by
Nichols Henry C and Nichols Dorothy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,575
Interest Rate
7.56%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 22, 1998
Sold by
Laubenstein Dennis A
Bought by
Laubenstein Dennis A and Dennis A Laubenstein Trust

Purchase Details

Closed on
May 16, 1995
Sold by
Laubenstein Alton A
Bought by
Laubenstein Alton A
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
Yarbrough Timothy F $180,000 Pioneer Title Agency Inc
Lowell Richard G $80,000 Old Republic Title Agency
Federal National Mortgage Association $65,881 None Available
Nichols Henry C $97,500 First American Title
Laubenstein Dennis A -- First American Title
Laubenstein Dennis A -- First American Title
Laubenstein Alton A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yarbrough Timothy F $60,000
Previous Owner Lowell Richard H $20,000
Previous Owner Lowell Richard H $104,539
Previous Owner Lowell Richard H $11,600
Previous Owner Lowell Richard H $86,075
Previous Owner Lowell Richard G $82,640
Previous Owner Nichols Henry C $40,000
Previous Owner Nichols Henry C $96,600
Previous Owner Nichols Henry C $94,575
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2012 02/27/12 Sold $80,000 +23.3% $61 / Sq Ft
01/20/2012 01/20/12 Pending -- -- --
01/13/2012 01/13/12 Price Changed $64,900 -16.7% $49 / Sq Ft
12/19/2011 12/19/11 Price Changed $77,900 -6.0% $59 / Sq Ft
11/18/2011 11/18/11 Price Changed $82,900 -11.7% $63 / Sq Ft
10/11/2011 10/11/11 For Sale $93,900 -- $71 / 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 $916 $11,552 -- --
2024 $921 $11,002 -- --
2023 $921 $23,380 $4,210 $19,170
2022 $900 $17,770 $3,200 $14,570
2021 $909 $15,400 $2,770 $12,630
2020 $900 $13,820 $2,490 $11,330
2019 $831 $12,750 $2,300 $10,450
2018 $808 $11,500 $2,070 $9,430
2017 $786 $10,170 $1,830 $8,340
2016 $765 $9,460 $1,700 $7,760
2015 $715 $9,020 $1,620 $7,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4659972

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-78-147