NOT LISTED FOR SALE

Estimated Value: $207,061 - $246,000

1 Bed
1 Bath
726 Sq Ft
$304/Sq Ft Est. Value

Last Sold March 06, 2012

Last sale price $36,500 $50 Per Sq Ft

Est. 504% increase in value since last sale

Current estimated payment $1,214/month

114 Days on Market

Highlights

  • Clubhouse
  • Heated Community Pool
  • Walk-In Closet
  • Franklin at Brimhall Elementary School Rated A
  • Covered Patio or Porch
  • No Interior Steps

About This Home

As of March 2012

Bank approved short sale at $45,000. Great patio home in adult community. Nice-sized rooms & covered patio. Laundry room off patio has storage room also. Needs some TLC. Within walking distance to club house and community pool & spa. Two HOAs, small one has monthly fee, larger HOA has another pool & club house for use with annual fee of $151.

Last Agent to Sell the Property

Eileen Kotula

Hometown USA, LLC License #BR026369000 Listed on: 06/06/2010

Last Buyer's Agent

Dilek Ellingboe

Realty ONE Group License #SA638880000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $543

Year Built

  • Built in 1973

Lot Details

  • Desert faces the front of the property
  • Desert Landscape

Parking

  • 2 Carport Spaces

Home Design

  • Patio Home
  • Brick Exterior Construction
  • Composition Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 726 Sq Ft Home
  • Combination Dining and Living Room
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Adult Elementary School
  • Adult Middle School
  • Adult High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Additional Features

  • No Interior Steps
  • North or South Exposure
  • Covered Patio or Porch
  • Property is near a bus stop

Community Details

Overview

  • $490 per year Dock Fee
  • Association fees include blanket insurance policy, common area maintenance, exterior maintenance of unit, front yard maint, pest control, water
  • Velda Rose Patio Man HOA, Phone Number (480) 807-5947
  • Located in the Velda Rose master-planned community

Amenities

  • Clubhouse

Recreation

  • Heated Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$543

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Tax Municipality: Mesa
  • Cross Street: Power & University
  • Legal Info Lot Number: 3
  • Legal Info Range: 6E
  • Legal Info Section: 24
  • Legal Info Township: 1N
  • Property Type: A
  • Unit Style: One Common Wall
  • Technology: Cable TV Avail, High Speed Internet Available, Pre-Wire Sat Dish
  • Assessor Parcel Number: 204.00
  • Hundred Block: 325
  • Legal Description Abbrev: VELDA ROSE PATIO MANOR 2
  • Type: ER
  • Ownership: Fee Simple
  • Additional Bedroom: Mstr Bdr Walkin Clst
  • Assessor Parcel Number: 141-61-204
  • HOA #2: Y
  • HOA Association Fee: 115.00
  • HOA Name: Velda Rose Patio Man
  • HOA Paid Frequency: Monthly
  • HOA Telephone: 480-807-5947
  • HOA Transfer Fee: 130.00
  • HOA Fees: Y
  • Recreation Center Fee: 151.00
  • Recreation Center Paid Frequency: Annually
  • Total Monthly Fee Equivalent: 127.58
  • Association Rules: Clubhouse/Rec Center, NoVsble TrkTrlrRvBt, Pets OK (See Rmrks), Rental OK (See Rmks), Self Managed
  • Construction Finish: Brick Trim/Veneer, Painted, Stucco
  • Dwelling Type: Patio Home
  • Encoded Features: 11R2C
  • Map Code Grid: R41
  • Primary Bathroom Type: Full Bth Master Bdrm
  • Numberof Interior Levels: 1
  • Parking Spaces Carport Spaces: 2.00
  • Parking Spaces Total Covered Spaces: 2.00
  • Planned Comm Name: Velda Rose
  • Price per Sq Ft: 50.27
  • Property Group Id: 19990816212109142258000000
  • Year Built: 1973
  • Tax Year: 2009
  • Directions: West on University to 65th St, S on 65th St to Butte. Home is on SW corner.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Features: No Interior Steps
  • Bedrooms: 1
  • Bedrooms Plus: 1.00
  • Bathrooms: 1.00
  • Laundry: Dryer Included, Washer Included
  • Flooring: Carpet, Vinyl
  • Fireplace: No Fireplace
  • Dining Area: Dining in LR/GR
  • Accessibility Features: Bath Grab Bars, Zero-Grade Entry
  • Estimated Lot Sq Ft: 1.00
  • Estimated Sq Ft: 726.00
  • Kitchen Features: Dishwasher, Pantry, Refrigerator
  • Source Of Sq Ft: County Assessor

Exterior Features

  • Exterior Stories: 1
  • Pool: Community Only
  • Landscaping: Desert Front
  • Roofing: Comp Shingle
  • Construction: Block
  • Exterior Features: Covered Patio(s)
  • Pool Private: No Pool

Utilities

  • Water: City Water
  • Utilities: SRP
  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Electric

Condo/Co-op/Association

  • Services: County Services
  • Community Features: Clubhouse/Rec Room, Community Pool Htd, Community Spa Htd, Near Bus Stop
  • Fee Include: Blanket Ins Policy, Common Area Maint, Exterior Mnt of Unit, Front Yard Maint, Pest Control, Water

Schools

  • Elementary School: Adult
  • Middle School: Adult
  • High School: Adult
  • Elementary School: Adult
  • High School: Adult
  • Jr High School: Adult

Lot Info

  • Property Description: North/South Exposure

Building Info

  • Builder Name: Unknown

Tax Info

  • Taxes: 490.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2012
Sold by
Ozrek Nurcan
Bought by
Ozrek Nurcan and The Nurcan Ozrek Living Trust
Current Estimated Value
$220,515

Purchase Details

Listed on
Jun 6, 2010
Closed on
Feb 29, 2012
Sold by
Sosa Marlyn D
Bought by
Ozrek Nurcan
Seller's Agent
Eileen Kotula
Hometown USA, LLC
Buyer's Agent
Dilek Ellingboe
Realty ONE Group
List Price
$50,000
Sold Price
$36,500
Premium/Discount to List
-$13,500
-27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.12%

Purchase Details

Closed on
Aug 12, 2005
Sold by
Jordan W P
Bought by
Sosa Marilyn D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,920
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2002
Sold by
Toelcke Betty
Bought by
Jordan W P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,800
Interest Rate
6.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 1997
Sold by
Paradies Faye E
Bought by
Toelcke Betty and The Faye E Paradies Living Trust
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
Ozrek Nurcan -- None Available
Ozrek Nurcan $36,500 Magnus Title Agency
Sosa Marilyn D $99,900 --
Jordan W P $62,000 First American Title Ins Co
Toelcke Betty -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sosa Marilyn D $79,920
Previous Owner Jordan W P $55,800
Closed Sosa Marilyn D $19,980
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2012 03/06/12 Sold $36,500 -8.8% $50 / Sq Ft
08/23/2011 08/23/11 Price Changed $40,000 +21.2% $55 / Sq Ft
06/20/2011 06/20/11 Price Changed $33,000 -2.9% $45 / Sq Ft
06/17/2011 06/17/11 Price Changed $34,000 -2.9% $47 / Sq Ft
06/16/2011 06/16/11 Price Changed $35,000 -2.8% $48 / Sq Ft
06/15/2011 06/15/11 Price Changed $36,000 -2.7% $50 / Sq Ft
06/13/2011 06/13/11 Price Changed $37,000 -2.6% $51 / Sq Ft
06/11/2011 06/11/11 Price Changed $38,000 -5.0% $52 / Sq Ft
05/28/2011 05/28/11 Price Changed $40,000 -16.7% $55 / Sq Ft
03/05/2011 03/05/11 Price Changed $48,000 -4.0% $66 / Sq Ft
12/18/2010 12/18/10 For Sale $50,000 0.0% $69 / Sq Ft
12/18/2010 12/18/10 Price Changed $50,000 -23.7% $69 / Sq Ft
09/28/2010 09/28/10 Pending -- -- --
09/16/2010 09/16/10 Price Changed $65,500 +0.8% $90 / Sq Ft
08/03/2010 08/03/10 Price Changed $65,000 -4.4% $90 / Sq Ft
06/26/2010 06/26/10 Price Changed $68,000 -2.9% $94 / Sq Ft
06/06/2010 06/06/10 For Sale $70,000 -- $96 / 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

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4403186

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-61-204