NOT LISTED FOR SALE

6555 N 17th Ave Unit 24 Phoenix, AZ 85015

Alhambra Neighborhood

Estimated Value: $144,000

2 Beds
2 Baths
1,018 Sq Ft
871 Sq Ft Lot

Last Sold May 17, 2016

Last sale price $55,000 $54 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $907/month

123 Days on Market

Highlights

  • Gated Community
  • Property is near public transit
  • Double Pane Windows
  • Washington High School Rated A-
  • Eat-In Kitchen
  • Walk-In Closet

About This Home

As of May 2016

INVESTOR SPECIAL! INVESTOR SPECIAL!

Very spacious 2bdrm/2bath condominium in the central Phoenix area where light rail transportation will soon begin! Cornel is a gated community with shared swimming pool and a laundry facility on site. Walking distance to light rail, Palo Verde Golf course, grocery shopping, and restaurants. 1 mile from I-17 for easy access to downtown Phoenix.
This comfortable second floor condominium is set back in the complex affording a quiet area in a nice setting.
Water, sewer, garbage collection is managed by the HOA.
GREAT FOR INVESTOR PORTFOLIO!
Condominium has existing tenant with long term lease. Great ROI! or Tenant can vacate property at closing for interested primary buyers.

Last Agent to Sell the Property

James Murphy

PMI Phoenix Golden West License #BR657425000 Listed on: 11/21/2015

Last Buyer's Agent

Cheryl Stair

HomeSmart License #SA635790000

HomeSmart

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $607

Year Built

  • Built in 1968

Lot Details

  • Desert faces the front of the property
  • Two or More Common Walls

Parking

  • 1 Car Garage
  • 1 Carport Space
  • Assigned Parking

Home Design

  • Wood Frame Construction
  • Stucco

Interior Spaces

  • 1,018 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Bathrooms

Pool

Location

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

Schools

  • Washington Elementary School - Phoenix
  • Royal Palm Middle School
  • Washington High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 156-45-345

Community Details

Overview

  • Property has a Home Owners Association
  • Golden Valley Pm Association, Phone Number (602) 294-0999
  • Cornel Condominium Unit 3 Subdivision

Recreation

  • Heated Community Pool

Additional Features

  • Laundry Facilities
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$607

Year Built

Built in 1968

Lot Details

0

Parking

1

Listing Details

  • Cross Street: N 17th Ave and Maryland
  • 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: 242.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1968
  • Tax Year: 2015
  • Directions: I-17 to Glendale exit. Go East to 17th Ave. South on 17th ave about 1/4 mile. Condominium complex is on east side of 17th ave. Complex is on 17th ave between Glendale and Maryland
  • Property Sub Type: Apartment Style/Flat
  • Lot Size Acres: 0.02
  • Subdivision Name: CORNEL CONDOMINIUM UNIT 3
  • Architectural Style: Ranch
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 242.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Walk-In Closet(s), Eat-in Kitchen, 3/4 Bath Master Bdrm
  • Living Area: 1018.0
  • Stories: 2
  • Window Features: Double Pane Windows
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Community Laundry: Yes
  • Community Features:Near Light Rail Stop: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Desert Front, Gravel/Stone Back
  • Pool Features: Fenced
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: Two Common Walls
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Rolled/Hot Mop
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Assigned
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features:Assigned Parking: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Other, See Remarks
  • Security: Gated Community
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Light Rail Stop, Near Bus Stop, Community Laundry, Pool
  • Amenities: Management
  • Association Fee Frequency: Monthly
  • Association Name: Golden Valley
  • Phone: 602-294-0999
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 100.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Golden Valley
  • Association Fees:HOA Telephone4: 602 294 0999
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Golden Valley PM
  • Association Fees:HOA Management Phone: 602 294 0999
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • 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:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Schools

  • Elementary School: Washington Elementary School - Phoenix
  • High School: Washington High School
  • Middle Or Junior School: Royal Palm Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1013.0
  • Parcel #: 156-45-345
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 607.0
  • Tax Book Number: 156.00
  • Tax Lot: 24
  • Tax Map Number: 45.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2020
Sold by
Acg Cornell Lllp
Bought by
Arizona Improvement Co Llc
Current Estimated Value
$144,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,511,000
Outstanding Balance
$6,462,002
Interest Rate
18%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 25, 2019
Sold by
Stair Cheryl
Bought by
Acg Cornell Lllp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,040,000
Interest Rate
4.2%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Nov 21, 2015
Closed on
May 13, 2016
Sold by
Lange Brian and Lange Brian D
Bought by
Stair Cheryl
Seller's Agent
James Murphy
PMI Phoenix Golden West
Buyer's Agent
Cheryl Stair
HomeSmart
List Price
$67,900
Sold Price
$55,000
Premium/Discount to List
-$12,900
-19%

Purchase Details

Closed on
Jul 22, 2009
Sold by
New Cornel Condominium Llc
Bought by
Lange Brian D
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
Arizona Improvement Co Llc $8,479,958 First American Title Ins Co
Acg Cornell Lllp $720,000 Commonwealth Title
Stair Cheryl $55,000 Stewart Title
Lange Brian D $120,608 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arizona Improvement Co Llc $6,511,000
Previous Owner Acg Cornell Lllp $5,040,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2016 05/17/16 Sold $55,000 -19.0% $54 / Sq Ft
04/11/2016 04/11/16 For Sale $67,900 0.0% $67 / Sq Ft
04/11/2016 04/11/16 Price Changed $67,900 0.0% $67 / Sq Ft
03/22/2016 03/22/16 Pending -- -- --
03/01/2016 03/01/16 Price Changed $67,900 -4.9% $67 / Sq Ft
01/29/2016 01/29/16 Price Changed $71,400 -0.1% $70 / Sq Ft
01/14/2016 01/14/16 Price Changed $71,500 -4.5% $70 / Sq Ft
01/13/2016 01/13/16 Price Changed $74,850 -0.1% $74 / Sq Ft
11/20/2015 11/20/15 For Sale $74,900 -- $74 / 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
2021 $701 $8,860 $1,770 $7,090
2020 -- $7,500 $1,500 $6,000
2019 -- $7,080 $1,410 $5,670
2018 -- $5,430 $1,080 $4,350
2017 -- $4,930 $980 $3,950
2016 -- $5,780 $1,150 $4,630
2015 -- $4,150 $830 $3,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5365426

Arizona Regional Multiple Listing Service (ARMLS)

APN: 156-45-345