NOT LISTED FOR SALE

7506 W Montecito Ave Phoenix, AZ 85033

Estimated Value: $287,000 - $341,000

3 Beds
1 Bath
1,026 Sq Ft
$300/Sq Ft Est. Value

Last Sold April 03, 2023

Last sale price $249,500 $243 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,788/month

41 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Heating Available
  • Phoenix Coding Academy Rated A
  • Central Air
  • 1-Story Property

About This Home

As of April 2023

!!!INVESTOR PARTNERSHIP ORDERED ONLINE AUCTION - LOW OPEN BID! . ''The List Price is the LOW STARTING BID.'' Don't miss this exciting opportunity to bid on a 3-bed/2-bath home in the Maryvale area. Excellent investment opportunity to fix and flip, to cash flow for rental income or to occupy for yourself. The home is just waiting for its new owner to make the updates to be move-in ready. There are seven houses total available for online auction purchase.****SEE DOCUMENTS TAG FOR REGISTRATION FORMS AND OTHER DISCLOSURES.

Last Listed By

Jesus Pino Perez

MMRE Advisors Brokerage Email: pm@mmreadvisors.com License #SA680889000 Listed on: 01/24/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $883

Year Built

  • Built in 1978

Lot Details

  • 7,148 Sq Ft Lot
  • Block Wall Fence

Parking

  • 1 Carport Space

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,026 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Schools

  • Cartwright Elementary And Middle School
  • Phoenix Union Bioscience High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Marlborough Country Subdivision

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 102-78-123

Home Details

Home Type

Single Family

Est. Annual Taxes

$883

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Cross Street: 75TH AV/INDIAN SCHOOL
  • Legal Info Range: 1E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1978
  • Tax Year: 2022
  • Directions: NORTH ON 75TH AVE, THEN WEST ON TURNEY, IMMEDIATELY HEAD SOUTH ON FRONTAGE ROAD, THEN WEST ON MONTECITO TO PROPERTY.
  • Attribution Contact: pm@mmreadvisors.com
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: MARLBOROUGH COUNTRY
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Cooling:Central Air: Yes
  • Special Features: Auction

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen
  • Living Area: 1026.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor
  • Kitchen Features:RangeOven Elec: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Dirt Front, Gravel/Stone Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0
  • Open Parking Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7148.0
  • Parcel #: 102-78-123
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 882.94
  • Tax Book Number: 102.00
  • Tax Lot: 31
  • Tax Map Number: 78.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2023
Closed on
Apr 3, 2023
Sold by
Jp Marko Holdings Llc
Bought by
Murillo Anna Beiya
Seller's Agent
Jesus Pino Perez
MMRE Advisors
Buyer's Agent
Isela Felix
eXp Realty
List Price
$190,000
Sold Price
$249,500
Premium/Discount to List
$59,500
31.32%
Total Days on Market
41
Views
349
Current Estimated Value
$307,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,020
Avg. Annual Appreciation
10.47%
Original Mortgage
$174,650
Outstanding Balance
$170,479
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$137,041

Purchase Details

Closed on
Jul 20, 2012
Sold by
Arizona Equity Properties Llc
Bought by
Jp Marko Holdings Llc

Purchase Details

Closed on
Jul 18, 2012
Sold by
Bdo Investment Llc
Bought by
Arizona Equity Properties Llc

Purchase Details

Closed on
Dec 28, 2009
Sold by
Ortiz Rudy
Bought by
Bdo Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.68%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 21, 2009
Sold by
Kemp Cathianne
Bought by
Ortiz Rudy

Purchase Details

Closed on
Nov 3, 2008
Sold by
Herrera Wanda Sue
Bought by
Ortiz Rudy and Kemp Cathianne

Purchase Details

Closed on
Oct 13, 2008
Sold by
Us Bank National Association
Bought by
Ortiz Rudy and Kemp Cathianne

Purchase Details

Closed on
Apr 3, 2008
Sold by
Perez Victor
Bought by
U S Bank Na and Structured Asset Mortgage Investments Ii

Purchase Details

Closed on
Feb 3, 2006
Sold by
Luque Ruben J and Luque Sara E
Bought by
Perez Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,800
Interest Rate
6.19%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 25, 2003
Sold by
Luque Ruben J
Bought by
Luque Ruben J and Luque Sara E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,412
Interest Rate
5.79%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 15, 2000
Sold by
Luque Sara Esther and Luque Sara E
Bought by
Luque Ruben J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,000
Interest Rate
8.07%

Purchase Details

Closed on
Aug 29, 1998
Sold by
Palankali Necla and Palankali Muammer C
Bought by
Luque Ruben J

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
Murillo Anna Beiya $249,500 --
Jp Marko Holdings Llc $506,250 Fidelity National Title Agen
Arizona Equity Properties Llc $480,000 Fidelity National Title Agen
Bdo Investments Llc -- Great American Title Agency
Ortiz Rudy -- First American Title Ins Co
Ortiz Rudy -- None Available
Ortiz Rudy $57,750 Equity Title Agency Inc
U S Bank Na $153,783 None Available
Perez Victor $179,000 Lawyers Title Insurance Corp
Luque Ruben J -- Grand Canyon Title Agency In
Luque Ruben J -- Grand Canyon Title Agency In
Luque Ruben J $65,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murillo Anna Beiya $174,650
Previous Owner Jp Marko Holdings Llc $410,000
Previous Owner Bdo Investments Llc $200,000
Previous Owner Bdo Investments Llc $200,000
Previous Owner Perez Victor $35,800
Previous Owner Perez Victor $143,200
Previous Owner Luque Ruben J $85,412
Previous Owner Luque Ruben J $16,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2023 04/03/23 Sold $249,500 +31.3% $243 / Sq Ft
03/02/2023 03/02/23 Pending -- -- --
02/10/2023 02/10/23 For Sale $190,000 0.0% $185 / Sq Ft
02/10/2023 02/10/23 Price Changed $190,000 -23.8% $185 / Sq Ft
02/01/2023 02/01/23 Off Market $249,500 -- --
01/30/2023 01/30/23 For Sale $264,000 0.0% $257 / Sq Ft
01/24/2023 01/24/23 Pending -- -- --
01/20/2023 01/20/23 For Sale $264,000 -- $257 / 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 $997 $5,381 -- --
2024 $856 $5,125 -- --
2023 $856 $19,980 $3,990 $15,990
2022 $883 $15,060 $3,010 $12,050
2021 $894 $13,530 $2,700 $10,830
2020 $847 $12,280 $2,450 $9,830
2019 $811 $10,650 $2,130 $8,520
2018 $843 $9,750 $1,950 $7,800
2017 $815 $7,900 $1,580 $6,320
2016 $780 $6,750 $1,350 $5,400
2015 $727 $5,950 $1,190 $4,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6510344

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-78-123