NOT LISTED FOR SALE

Estimated Value: $445,889 - $530,000

2 Beds
2 Baths
1,360 Sq Ft
$370/Sq Ft Est. Value

Last Sold July 05, 2017

Last sale price $288,000 $212 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,935/month

20 Days on Market

Highlights

  • Contemporary Architecture
  • Vaulted Ceiling
  • Granite Countertops
  • Madison Heights Elementary School Rated A-
  • Wood Flooring
  • Private Yard

About This Home

As of July 2017

*Owner Agent* Experience the tranquility of this remodeled and upgraded patio home. Private setting in a great location for the discerning buyer. Close to some of the best restaurants, shopping, and golf courses the city of Phoenix has to offer. Home is a few blocks from the 20+ mile Arizona canal. Tens of thousands have been invested to make this home a luxury retreat. Some of the upgrades include hand scraped walnut hardwood floors, travertine floors and shower enclosures, new cabinets in kitchen and both bathrooms, granite countertops, plantation shutters and a cozy wood burning fireplace. Enjoy the view of the private and lush backyard with high end artificial grass from most rooms in the home. There is also a community pool. Plant pots outside on patio areas do not convey

Last Agent to Sell the Property

Chad Bauer

HomeSmart License #SA117838000 Listed on: 05/07/2017

HomeSmart

Last Buyer's Agent

Kara Edwards

Elite Desert Realty, LLC License #BR515855000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,221

Year Built

  • Built in 1971

Lot Details

  • 2,705 Sq Ft Lot
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard

Parking

  • 2 Carport Spaces

Home Design

  • Contemporary Architecture
  • Patio Home
  • Property Attached
  • Wood Frame Construction
  • Composition Roof
  • Foam Roof
  • Block Exterior
  • Siding
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 1,360 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Solar Screens
  • Family Room with Fireplace

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Outdoor Features

  • Covered patio or porch
  • Outdoor Storage

Schools

  • Madison #1 Middle Elementary School
  • Madison Elementary Middle School
  • Camelback High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 164-35-129

Community Details

Overview

  • Property has a Home Owners Association
  • Villa Majorca Association, Phone Number (602) 955-4277
  • Villa Majorca Subdivision

Recreation

  • Heated Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,221

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Cross Street: 16th Street and Glendale
  • 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: 155.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2014
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2014
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2014
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2012
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1971
  • Tax Year: 2016
  • Directions: South of Glendale on 16th St to Ocotillo. East on Ocotillo to immediate right (south) on Majorca Lane West. Home is 2nd to last on left.
  • Property Sub Type: Patio Home
  • Lot Size Acres: 0.06
  • Subdivision Name: VILLA MAJORCA
  • Architectural Style: Contemporary
  • Efficiency: Sunscreen(s)
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 155.0
  • Special Features: None

Interior Features

  • Flooring: Stone, Wood
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: Walk-In Closet(s), Breakfast Bar, Vaulted Ceiling(s), Pantry, 3/4 Bath Master Bdrm, Granite Counters
  • Living Area: 1360.0
  • Stories: 1
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Other Rooms:BonusGame Room: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio, Private Yard, Storage
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Gravel/Stone Front, Gravel/Stone Back, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Siding, Stone, Block, Frame - Wood
  • Roof: Composition, Foam
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Carport Spaces: 2.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Inside, Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Amenities: Self Managed
  • Association Fee Frequency: Monthly
  • Association Name: Villa Majorca
  • Phone: 602-955-4277
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 300.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Villa Majorca
  • Association Fees:HOA Telephone4: (602) 955-4277
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Schools

  • Elementary School: Madison #1 Middle School
  • High School: Camelback High School
  • Middle Or Junior School: Madison Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2705.0
  • Parcel #: 164-35-129
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1221.0
  • Tax Book Number: 164.00
  • Tax Lot: 11
  • Tax Map Number: 35.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2017
Closed on
Jun 13, 2017
Sold by
Bauer Chad M and Villalaz Jose Manuel
Bought by
Schreck Daniel
Seller's Agent
Chad Bauer
HomeSmart
Buyer's Agent
Kara Edwards
Elite Desert Realty, LLC
List Price
$295,000
Sold Price
$288,000
Premium/Discount to List
-$7,000
-2.37%
Total Days on Market
20
Current Estimated Value
$503,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,222
Avg. Annual Appreciation
7.27%
Original Mortgage
$259,200
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2014
Sold by
Villalaz Jose
Bought by
Bauer Chad M and Villalaz Jose M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 28, 2011
Closed on
Dec 29, 2011
Sold by
Blake Jerry D
Bought by
Villalax Jose
Seller's Agent
Jerry Blake
RE/MAX Professionals
Buyer's Agent
Julia Bridge
EPIC Home Realty
List Price
$115,900
Sold Price
$109,500
Premium/Discount to List
-$6,400
-5.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.12%
Original Mortgage
$87,600
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2005
Sold by
Blake Lorraine J
Bought by
Blake Lorraine J and Lorraine J Blake Family Trust
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
Schreck Daniel $288,000 Clear Title Agency Of Arizon
Bauer Chad M -- Greystone Title Agency Llc
Villalax Jose $109,500 First American Title Ins Co
Blake Lorraine J -- Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schreck Daniel J $242,075
Closed Schreck Daniel $259,200
Previous Owner Bauer Chad M $115,000
Previous Owner Villalax Jose $87,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2017 07/05/17 Sold $288,000 -2.4% $212 / Sq Ft
05/27/2017 05/27/17 Pending -- -- --
05/07/2017 05/07/17 For Sale $295,000 +169.4% $217 / Sq Ft
02/15/2012 02/15/12 Sold $109,500 -5.5% $81 / Sq Ft
12/29/2011 12/29/11 Pending -- -- --
12/28/2011 12/28/11 For Sale $115,900 -- $85 / 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 $1,486 $13,631 -- --
2024 $1,443 $12,982 -- --
2023 $1,443 $33,570 $6,710 $26,860
2022 $1,397 $26,950 $5,390 $21,560
2021 $1,425 $25,880 $5,170 $20,710
2020 $1,402 $24,780 $4,950 $19,830
2019 $1,370 $24,080 $4,810 $19,270
2018 $1,334 $21,420 $4,280 $17,140
2017 $1,267 $17,500 $3,500 $14,000
2016 $1,221 $16,520 $3,300 $13,220
2015 $1,136 $13,210 $2,640 $10,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5601906

Arizona Regional Multiple Listing Service (ARMLS)

APN: 164-35-129