Seller's Agent in 2022
Mike Snitz
Realty One Group
(602) 327-2785
3 in this area
113 Total Sales
740 W Elm St Unit 151 Phoenix, AZ 85013
Uptown Phoenix NeighborhoodEstimated Value: $229,000 - $243,000
2
Beds
2
Baths
929
Sq Ft
$310/ mo
HOA Fee
Highlights
- Gated Community
- Contemporary Architecture
- Community Pool
- Phoenix Coding Academy Rated A
- Property is near public transit and bus stop
- 4-minute walk to Tawa Mini Park
About This Home
As of August 2022Melrose area..midtown Phoenix newly upgraded ground floor 2 bed/2 bath condominium in the Melrose district. Two blocks from the light rail within a gated, tree-filled community located at the end of a quiet cul-de-sac. The condominium features new paint, newer stainless appliances and fixtures, and modern, wood-like tile throughout – no carpeting. The open floor plan has sliding doors to a private patio and includes granite countertops and a combo washer/dryer. This has been a sought-after, turn-key Airbnb and long-tern rental to nurses and other professionals based on its central location near hospitals, shopping, restaurants, and easy access to downtown. Great Opportunity. All modern furnishings including fully stocked kitchen and Smart TVs convey.
Last Agent to Sell the Property
Realty ONE Group License #SA651575000 Listed on: 06/06/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $692
Year Built
- Built in 1984
Lot Details
- Desert faces the front and back of the property
- Block Wall Fence
- Sprinklers on Timer
- Grass Covered Lot
HOA Fees
- $310 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Wood Frame Construction
- Built-Up Roof
- Stucco
Interior Spaces
- 929 Sq Ft Home
- 1-Story Property
- Built-In Microwave
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bathroom is a Full Bathroom
- 2 Bathrooms
Parking
- 1 Carport Space
- Common or Shared Parking
- Assigned Parking
Outdoor Features
- Covered Patio or Porch
Location
- Unit is below another unit
- Property is near public transit and bus stop
Schools
- Solano Elementary School
- Osborn Middle School
- Central High School
Utilities
- Central Air
- Heating Available
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Tax Lot 151
- Assessor Parcel Number 155-36-143
Community Details
Overview
- Association fees include roof repair, insurance, pest control, ground maintenance, street maintenance, front yard maint, trash, water, roof replacement, maintenance exterior
- City Property Manage Association, Phone Number (602) 437-3777
- Built by Ginz Group
- Solaris Condominiums Subdivision
Recreation
- Community Pool
Additional Features
- Coin Laundry
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 6, 2022
Closed on
Aug 9, 2022
Sold by
Himmel Investments Llc
Bought by
Michel Jonathan Arenas
Seller's Agent
Mike Snitz
Realty ONE Group
Buyer's Agent
Jennifer Taege
Compass
List Price
$290,000
Sold Price
$290,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$51,894
Avg. Annual Appreciation
-5.34%
Purchase Details
Closed on
Sep 5, 2018
Sold by
Livas Erik
Bought by
Himmel Investments Llc
Purchase Details
Listed on
Apr 9, 2017
Closed on
Apr 13, 2017
Sold by
Sivakumar Kumaraswamy
Bought by
Livas Erik
Seller's Agent
Joyce Lynch
Russ Lyon Sotheby's International Realty
Buyer's Agent
Mike Snitz
Realty ONE Group
List Price
$119,000
Sold Price
$112,000
Premium/Discount to List
-$7,000
-5.88%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.89%
Purchase Details
Closed on
Sep 7, 2010
Sold by
Sivakumar Preethi Nimalka
Bought by
Sivakumar Kumaraswamy
Purchase Details
Closed on
Jul 14, 2010
Sold by
Douville Jennifer
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
May 18, 2007
Sold by
740 Esplanade Llc
Bought by
Douville Jennifer
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,655
Interest Rate
6.17%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Michel Jonathan Arenas | $290,000 | Old Republic Title | |
| Himmel Investments Llc | $140,000 | Equity Title Agency Inc | |
| Livas Erik | $112,000 | Clear Title Agency Of Arizon | |
| Sivakumar Kumaraswamy | -- | Lawyers Title Of Arizona Inc | |
| Sivakumar Kumaraswamy | $42,500 | Lawyers Title Of Arizona Inc | |
| Federal National Mortgage Association | $161,358 | Great American Title Agency | |
| Douville Jennifer | $164,900 | The Talon Group Tempe Supers |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Douville Jennifer | $156,655 | |
| Closed | Livas Erik | $0 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/15/2022 08/15/22 | Sold | $290,000 | 0.0% | $312 / Sq Ft | |
| 07/06/2022 07/06/22 | Pending | -- | -- | -- | |
| 06/06/2022 06/06/22 | For Sale | $290,000 | +158.9% | $312 / Sq Ft | |
| 05/09/2017 05/09/17 | Sold | $112,000 | -5.9% | $121 / Sq Ft | View Prior Sale |
| 04/11/2017 04/11/17 | Pending | -- | -- | -- | |
| 04/08/2017 04/08/17 | For Sale | $119,000 | 0.0% | $128 / Sq Ft | |
| 11/09/2013 11/09/13 | Rented | $750 | -18.9% | -- | |
| 11/02/2013 11/02/13 | Under Contract | -- | -- | -- | |
| 08/09/2013 08/09/13 | For Rent | $925 | +29.4% | -- | |
| 02/17/2012 02/17/12 | Rented | $715 | -4.7% | -- | |
| 02/08/2012 02/08/12 | Under Contract | -- | -- | -- | |
| 08/05/2011 08/05/11 | For Rent | $750 | -- | -- |
Source: Arizona Regional Multiple Listing Service (ARMLS)
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 | $733 | $5,644 | -- | -- |
| 2024 | $684 | $5,375 | -- | -- |
| 2023 | $684 | $16,080 | $3,210 | $12,870 |
| 2022 | $680 | $13,720 | $2,740 | $10,980 |
| 2021 | $692 | $11,670 | $2,330 | $9,340 |
| 2020 | $674 | $11,070 | $2,210 | $8,860 |
| 2019 | $645 | $9,630 | $1,920 | $7,710 |
| 2018 | $549 | $8,250 | $1,650 | $6,600 |
| 2017 | $500 | $7,060 | $1,410 | $5,650 |
| 2016 | $552 | $6,270 | $1,250 | $5,020 |
| 2015 | $514 | $6,010 | $1,200 | $4,810 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Snitz
-
Jennifer Taege
Buyer's Agent in 2022
Jennifer Taege
Compass
(602) 663-0174
1 in this area
64 Total Sales
-
Joyce Lynch
Seller's Agent in 2017
Joyce Lynch
Russ Lyon Sotheby's International Realty
(602) 722-1668
46 Total Sales
-
M
Buyer's Agent in 2017
Michael Snitz
eXp Realty
-
J
Seller's Agent in 2013
Julie Pack
Desert Sunrise Realty
-
D
Seller Co-Listing Agent in 2013
Delbert Rounds
RE/MAX
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6412916
APN: 155-36-143
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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