NOT LISTED FOR SALE

720 E Montecito Ave Unit 2 Phoenix, AZ 85014

Central City Neighborhood

Estimated Value: $917,000 - $1,011,000

2 Beds
1 Bath
850 Sq Ft
1955 Built

Highlights

  • Granite Countertops
  • No HOA
  • Tile Flooring
  • Phoenix Coding Academy Rated A
  • Eat-In Kitchen
  • Central Air

About This Home

As of August 2019

Completely remodeled single level home with two bedrooms and one bathroom! Not one detail was missed on this remodel and a must see to appreciate! Kitchen has granite counter tops, new mosaic tile backsplash, new shaker style cabinets, new hardware, stainless steel appliances, and a gas stove! The refrigerator has been upgraded with water and ice! New wood plank tile flooring throughout, upgraded baseboards, and neural two tone gray paint! Property has all new doors, blinds, casings, and light fixtures throughout! The bathroom has been completely redone with.a new vanity, tiled shower and more! This unit comes with all appliances included an in suite washer/dryer! Property has private back patio and landlord is including water/sewer!

Last Agent to Rent the Property

Mario Montoya

480 Realty & Property Management License #BR639743000 Listed on: 06/20/2019

Last Renter's Agent

Mario Montoya

Nexthome Elite Realty License #BR639743000

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,896

Year Built

  • Built in 1955

Lot Details

  • Desert faces the front of the property
  • Partially Fenced Property
  • Block Wall Fence

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 850 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Stacked Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 1 Open Parking Space
  • Assigned Parking

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Carolyn Place Lot 10 45 Subdivision

Listing and Financial Details

  • Property Available on 6/20/19
  • Rent includes water
  • 12-Month Minimum Lease Term
  • Tax Lot 34
  • Assessor Parcel Number 155-19-027

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,896

Year Built

Built in 1955

Lot Details

0

Rental Info

  • Rent Includes: Water
  • Available Date: 2019-06-20

Listing Details

  • Cross Street: 7th St/Camelback
  • Legal Info Range: 3E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1955
  • Non Assistive Animals: Lessor Approval
  • Lease Term Minimum Lease Term Months: 12
  • Directions: North from Indian School on 7th Street Turn East on Montecito. Property is on the north side.
  • Property Sub Type: Apartment
  • Horses: No
  • Subdivision Name: CAROLYN PLACE LOT 10-45
  • Property Attached Yn: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Roofing:Composition: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: Granite Counters, Eat-in Kitchen
  • Living Area: 850.0
  • Stories: 1
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Partial
  • Lot Features: Desert Front
  • Disclosures: Other (See Remarks)
  • Construction Type: Stucco, Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Assigned
  • Attached Garage: No
  • Open Parking Spaces: 1.0
  • Parking Features:Assigned Parking: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Other, See Remarks
  • Laundry Features: Dryer Included, Stacked Washer/Dryer, Washer Included
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Lessor Approval

Schools

  • Elementary School: Other
  • High School: Other
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Other

Lot Info

  • Lot Size Sq Ft: 1.0
  • Parcel #: 155-19-027

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Book Number: 155.00
  • Tax Lot: 34
  • Tax Map Number: 19.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2024
Sold by
R6600 Holdings Lp
Bought by
Morales Juan Jose and Carreto Zalatihel Morales
Current Estimated Value
$966,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$794,412
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$171,838

Purchase Details

Closed on
Jun 29, 2018
Sold by
True Freedom Achievers Llc
Bought by
R 6600 Holdings Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 31, 2012
Sold by
Diy Llc
Bought by
True Freedom Achievers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,414
Interest Rate
3.65%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 17, 2009
Sold by
Feldpausch William C
Bought by
Diy Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2009
Sold by
Fortress Investments 3 Llc
Bought by
Feldpausch William C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2009
Sold by
Hickmon Monte
Bought by
Fortress Investments #3 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
5.18%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 27, 2007
Sold by
Jimenez Angel and Quinones Jorge
Bought by
Hickmon Monte

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
8.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2004
Sold by
Jimenez Cynthia
Bought by
Jimenez Angel E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,600
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2003
Sold by
Nieto Salvador and Nieto Graciela B
Bought by
Nieto Pablo

Purchase Details

Closed on
Sep 3, 2002
Sold by
Nieto Salvador and Nieto Pablo B
Bought by
Nieto Salvador and Nieto Graciela B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,334
Interest Rate
6.22%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 23, 2000
Sold by
Farnsworth Martin D
Bought by
Nieto Salvador and Nieto Pablo B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,043
Interest Rate
8.2%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 25, 1999
Sold by
Va
Bought by
Farnworth Martin D

Purchase Details

Closed on
Oct 8, 1999
Sold by
Farnworth Patricia
Bought by
Farnworth Martin D

Purchase Details

Closed on
Feb 5, 1999
Sold by
Norwest Mtg Inc
Bought by
Va

Purchase Details

Closed on
Jan 29, 1999
Sold by
Saunders David L
Bought by
Norwest Mtg Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Morales Juan Jose $1,000,000 Homelight Settlement
R 6600 Holdings Lp $230,000 Empire West Title Agency Llc
True Freedom Achievers Llc $140,414 Chicago Title Agency Inc
Diy Llc -- Security Title Agency
Feldpausch William C $135,000 Security Title Agency
Fortress Investments #3 Llc $92,826 Security Title Agency
Fortress Investments #3 Llc $92,826 None Available
Hickmon Monte $235,000 Fidelity National Title
Jimenez Angel E -- Grand Canyon Title Agency In
Jimenez Angel $187,000 Grand Canyon Title Agency In
Nieto Pablo $140,297 --
Nieto Salvador -- Lawyers Title Of Arizona Inc
Nieto Salvador $147,000 Fidelity National Title
Farnworth Martin D -- Stewart Title & Trust
Farnworth Martin D -- Stewart Title & Trust
Va -- --
Norwest Mtg Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morales Juan Jose $800,000
Previous Owner R 6600 Holdings Lp $210,000
Previous Owner True Freedom Achievers Llc $130,414
Previous Owner Feldpausch William C $93,750
Previous Owner Fortress Investments #3 Llc $65,000
Previous Owner Hickmon Monte $188,000
Previous Owner Jimenez Angel $149,600
Previous Owner Nieto Salvador $141,334
Previous Owner Nieto Salvador $143,043
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2019 08/05/19 Rented $1,350 0.0% --
07/02/2019 07/02/19 Price Changed $1,350 +3.8% $2 / Sq Ft
06/26/2019 06/26/19 Price Changed $1,300 -6.8% $2 / Sq Ft
06/20/2019 06/20/19 For Rent $1,395 -- --
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 $2,896 $23,077 -- --
2024 $2,798 $21,978 -- --
2023 $2,798 $55,320 $11,060 $44,260
2022 $2,782 $37,070 $7,410 $29,660
2021 $2,829 $27,890 $5,570 $22,320
2020 $2,758 $25,830 $5,160 $20,670
2019 $1,167 $20,260 $4,050 $16,210
2018 $1,088 $17,600 $3,520 $14,080
2017 $997 $16,430 $3,280 $13,150
2016 $961 $12,530 $2,500 $10,030
2015 $894 $9,830 $1,960 $7,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5942208

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-19-027