NOT LISTED FOR SALE

7557 W Desert Cove Ave Unit 2 Peoria, AZ 85345

Estimated Value: $272,000 - $390,000

4 Beds
2 Baths
1,482 Sq Ft
$240/Sq Ft Est. Value

Last Sold April 16, 2012

Last sale price $82,975 $56 Per Sq Ft

Est. 329% increase in value since last sale

Current estimated payment $1,971/month

40 Days on Market

Highlights

  • Private Pool
  • Contemporary Architecture
  • Covered Patio or Porch
  • Peoria High School Rated A-
  • No HOA
  • Security System Owned

About This Home

As of April 2012

LENDER OWNED FORECLOSURE, REO, PRICED TO SELL NOW**ADDITIONAL ADDENDA REQUIRED**SELLER MAKES NO WARRANTIES, EXPRESSED OR IMPLIED AS TO THE CONDITION OF THE PROPERTY.*SOLD IN AS-IS CONDITION**NO SPDS AVAILABLE.** ADD TO PAGE 7 OF PURCHASE CONTRACT BUYER ACKNOWLEDGES NO SPDS OR CLUE REPORT AVAILABLE** THE SELLER NEVER OCCUPIED PROPERTY** SELLER WILL NOT PAY FOR HOA TRANSFER FEES OR CONDOCERTS FEES. Wow!!! Investor special with huge upside. Semi-update in progress in interior. Nice open kitchen, beautiful oak cabinets, granite slab counters, much much more. Bring offers quickly!!!! Priced well below market value.

Last Agent to Sell the Property

Greg Kornburger

Realty ONE Group License #SA574098000 Listed on: 12/29/2011

Last Buyer's Agent

David DeKing

West USA Realty License #SA115882000

West USA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $919

Year Built

  • Built in 1985

Lot Details

  • 8,242 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Fixer Upper
  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,482 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Security System Owned
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Pool

  • Private Pool
  • Diving Board

Outdoor Features

  • Covered Patio or Porch

Schools

  • Santa Fe Elementary School
  • Peoria Elementary High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Desert Cove Manor Unit 2 Subdivision

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 142-11-073

Home Details

Home Type

Single Family

Est. Annual Taxes

$919

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Cross Street: 75TH AVE & PEORIA
  • Legal Info Range: 1E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Basement: N
  • Updated Pool: Full
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 1985
  • Tax Year: 2011
  • Directions: NORTH ON 75TH AVE., WEST ON DESERT COVE.
  • Master Model: UNK
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.19
  • Subdivision Name: DESERT COVE MANOR UNIT 2
  • Architectural Style: Contemporary
  • New Construction: No
  • Efficiency: Load Controller
  • ResoBuildingAreaSource: Assessor
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Full Bth Master Bdrm
  • Living Area: 1482.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Other Rooms:Great Room: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Front
  • Pool Features: Diving Pool, Private
  • Pool Private: Yes
  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Property Condition: Fixer
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

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

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Santa Fe Elementary School
  • High School: Peoria Elementary School
  • Junior High Dist: Peoria Unified School District
  • Middle Or Junior School: Santa Fe Elementary School

Lot Info

  • Lot Size Sq Ft: 8242.0
  • Parcel #: 142-11-073
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 919.0
  • Tax Book Number: 142.00
  • Tax Lot: 25
  • Tax Map Number: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2012
Sold by
Aurora Loan Services Llc
Bought by
Navarro Joseph A
Current Estimated Value
$355,828

Purchase Details

Closed on
Sep 7, 2011
Sold by
Hansen Shannon Reed
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Mar 16, 2007
Sold by
Hansen Shannon R
Bought by
Hansen Shannon Reed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2006
Sold by
Hansen Brian
Bought by
Hansen Shannon R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,500
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2005
Sold by
Hansen Shannon
Bought by
Hansen Brian and Hansen Shannon R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,200
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2005
Sold by
Hansen Brian
Bought by
Hansen Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,200
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2004
Sold by
Hansen Shannon
Bought by
Hansen Brian and Hansen Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,400
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 18, 1997
Sold by
Young Sandra S
Bought by
Harris Robert and Harris Gwenda

Purchase Details

Closed on
Mar 18, 1997
Sold by
Ikener Sara L
Bought by
Young Sandra S

Purchase Details

Closed on
Jul 1, 1994
Sold by
Young Sandra S
Bought by
Ikener Sara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
8.73%
Mortgage Type
Seller Take Back
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
Navarro Joseph A $82,750 Fidelity National Title Agen
Aurora Loan Services Llc $226,677 Servicelink
Hansen Shannon Reed -- Tsa Title Agency
Hansen Shannon R -- Grand Canyon Title Agency In
Hansen Brian -- Westland Title Agency Of Az
Hansen Shannon -- Westland Title Agency Of Az
Hansen Brian -- Fidelity National Title
Hansen Shannon -- Fidelity National Title
Hansen Shannon $143,000 Fidelity National Title
Harris Robert $86,000 First American Title
Young Sandra S -- First American Title
Ikener Sara L $96,000 First American Title
Young Sandra S -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hansen Shannon Reed $192,000
Previous Owner Hansen Shannon R $162,500
Previous Owner Hansen Shannon $133,200
Previous Owner Hansen Shannon $114,400
Previous Owner Ikener Sara L $10,000
Closed Hansen Shannon $24,975
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2012 04/16/12 Sold $82,975 +15.4% $56 / Sq Ft
02/07/2012 02/07/12 Pending -- -- --
12/29/2011 12/29/11 For Sale $71,900 -- $49 / 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 $922 $12,172 -- --
2024 $933 $11,593 -- --
2023 $933 $27,460 $5,490 $21,970
2022 $914 $21,180 $4,230 $16,950
2021 $978 $19,170 $3,830 $15,340
2020 $988 $17,760 $3,550 $14,210
2019 $956 $15,910 $3,180 $12,730
2018 $924 $14,760 $2,950 $11,810
2017 $924 $12,580 $2,510 $10,070
2016 $915 $12,270 $2,450 $9,820
2015 $854 $10,450 $2,090 $8,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4694112

Arizona Regional Multiple Listing Service (ARMLS)

APN: 142-11-073