NOT LISTED FOR SALE

Estimated Value: $176,000 - $214,000

1 Bed
1 Bath
726 Sq Ft
$275/Sq Ft Est. Value

Last Sold December 22, 2020

Last sale price $130,000 $179 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,400/month

20 Days on Market

Highlights

  • Clubhouse
  • Heated Community Pool
  • Tile Flooring
  • Franklin at Brimhall Elementary School Rated A
  • Refrigerated Cooling System
  • Property is near a bus stop

About This Home

As of December 2020

Gorgeous updated Velda Rosa patio home! Open and spacious with natural lighting throughout.Extremely large bedroom with a walk in closet. There is also an Arizona room and outside laundry room with storage.
You can walk to the clubhouse and use the heated pool & spa, play shuffle board or choose from the vast amount of puzzles and books in the library. The Velda Rose adult community offers two club houses with kitchens available to reserve for gatherings.Velda Rose includes two community heated pool areas with shuffle board and restrooms. The HOA covers exterior maintenance of the unit including the septic, water, garbage and Rural Metro fire coverage.
There is an access road in front for guest plus two designated lighted covered parking spaces. Shower doors will be installed.

Last Listed By

Cathy Waz

eXp Realty License #SA035790000 Listed on: 10/23/2020

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $519

Year Built

  • Built in 1973

Lot Details

  • 955 Sq Ft Lot
  • Desert faces the front of the property
  • 1 Common Wall

HOA Fees

Home Design

  • Patio Home
  • Property Attached
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 726 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 1 Bathroom

Parking

  • 2 Carport Spaces
  • Assigned Parking

Location

  • Property is near a bus stop

Schools

  • Adult Elementary And Middle School
  • Adult High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Listing and Financial Details

  • Legal Lot and Block 3 / 256
  • Assessor Parcel Number 141-61-188

Community Details

Overview

  • Association fees include roof repair, insurance, pest control, ground maintenance, street maintenance, front yard maint, trash, water, roof replacement, maintenance exterior
  • Total Property Manag Association, Phone Number (602) 952-5581
  • Velda Rose Estates Association, Phone Number (480) 948-5860
  • Association Phone (480) 748-1279
  • Built by Farnsworth
  • Velda Rose Patio Manor 2 Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Heated Community Pool
  • Community Spa

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$519

Year Built

Built in 1973

Lot Details

0

HOA Fees

$237 per month

Listing Details

  • Cross Street: Power and University
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Community Facilities District: N
  • HOA #2 Name: Velda Rose Estates
  • HOA #2 Phone Number: 480.748.1279
  • HOA #2 Transfer Fee: 200.0
  • HOA #2: Y
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 237.39
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2020
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2020
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2020
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2020
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1973
  • Tax Year: 2020
  • Directions: West on University to 64th St. complex is on the South side of University. There is an access road in front for parking. .
  • Property Sub Type: Patio Home
  • Horses: No
  • Lot Size Acres: 0.02
  • Co List Office Mls Id: reog02
  • Co List Office Phone: 480-321-8100
  • Subdivision Name: VELDA ROSE PATIO MANOR 2
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 222.17
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Pantry, Full Bth Master Bdrm
  • Living Area: 726.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Near Bus Stop: Yes
  • Other Rooms:Arizona RoomLanai: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Desert Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Common Walls: 1 Common Wall
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: 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: Ceiling Fan(s), Programmable Thmstat, Refrigeration
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa Htd, Community Pool Htd, Community Pool, Near Bus Stop, Clubhouse
  • Amenities: Management, Rental OK (See Rmks)
  • Association #2 Fee: 182.6
  • Association #2 Fee Frequency: Annually
  • Association Fee: 222.17
  • Association Fee Frequency: Monthly
  • Association: Velda Rose Estates
  • Association Name: Velda Rose Patio hom
  • Association Phone #2: 480.748.1279
  • Phone: 480-748-1279
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Velda Rose Patio hom
  • Association Fees:HOA Telephone4: 480.748.1279
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Total property manag
  • Association Fees:HOA Management Phone: 602.952.5581
  • Association Fees:HOA Paid Frequency 2: Annually
  • 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:Water6: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fee Incl:Pest Control: Yes
  • Association Fees:HOA Management Phone 2: 480.948.5860

Fee Information

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

Schools

  • Elementary School: Adult
  • High School: Adult
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Adult

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 955.0
  • Parcel #: 141-61-188
  • ResoLotSizeUnits: Acres

Building Info

  • Builder Name: Farnsworth

Tax Info

  • Tax Annual Amount: 519.0
  • Tax Block: 256
  • Tax Book Number: 141.00
  • Tax Lot: 3
  • Tax Map Number: 61.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2020
Closed on
Dec 10, 2020
Sold by
Premiere Rentals Llc
Bought by
Walton Sherry Lee
Seller's Agent
Cathy Waz
eXp Realty
Buyer's Agent
Joel Goldsmith
Barrett Real Estate
List Price
$130,000
Sold Price
$130,000
Total Days on Market
20
Current Estimated Value
$199,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,640
Avg. Annual Appreciation
10.19%
Original Mortgage
$110,000
Outstanding Balance
$98,831
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$100,809

Purchase Details

Closed on
Aug 11, 2020
Sold by
Ward Karl E
Bought by
Premiere Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
3%
Mortgage Type
Unknown

Purchase Details

Listed on
Feb 17, 2013
Closed on
Apr 19, 2013
Sold by
Ellis Maxine F
Bought by
Armor Investment Holdings Llc
Seller's Agent
Mariann Albero
Realty Executives
Buyer's Agent
Cathy Waz
eXp Realty
List Price
$49,900
Sold Price
$49,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.14%

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
Walton Sherry Lee $130,000 Security Title Agency Inc
Premiere Rentals Llc $83,000 Accommodation
Armor Investment Holdings Llc $49,900 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walton Sherry Lee $110,000
Previous Owner Premiere Rentals Llc $63,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2020 12/22/20 Sold $130,000 0.0% $179 / Sq Ft
11/12/2020 11/12/20 Pending -- -- --
10/23/2020 10/23/20 For Sale $130,000 +160.5% $179 / Sq Ft
04/22/2013 04/22/13 Sold $49,900 0.0% $69 / Sq Ft
04/13/2013 04/13/13 Pending -- -- --
02/17/2013 02/17/13 For Sale $49,900 -- $69 / 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 $543 $5,525 -- --
2024 $542 $5,261 -- --
2023 $542 $11,200 $2,240 $8,960
2022 $525 $10,020 $2,000 $8,020
2021 $525 $8,000 $1,600 $6,400
2020 $519 $7,500 $1,500 $6,000
2019 $490 $6,600 $1,320 $5,280
2018 $476 $5,560 $1,110 $4,450
2017 $466 $5,220 $1,040 $4,180
2016 $449 $4,850 $970 $3,880
2015 $423 $4,570 $910 $3,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6151618

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-61-188