NOT LISTED FOR SALE

7825 W Montecito Ave Phoenix, AZ 85033

Estimated Value: $332,390 - $401,000

3 Beds
2 Baths
1,611 Sq Ft
$225/Sq Ft Est. Value

Last Sold March 15, 2013

Last sale price $115,000 $71 Per Sq Ft

Est. 215% increase in value since last sale

Current estimated payment $2,015/month

17 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • High Speed Internet
  • Phoenix Coding Academy Rated A
  • Property is near a bus stop
  • Heating Available

About This Home

As of March 2013

Exclusive opportunity for owner occupants to receive $15,000 in down payment and closing cost assistance through the Move-In Ready Program of the City of Phoenix Neighborhood Stabilization Program (NSP). Investor offers cannot be accepted. 3 bedrooms, 2 bathrooms home. This is a Newly Remodeled, Energy Efficient Home. Brand New Energy Efficient appliance package includes, stove, dishwasher, disposal and refrigerator. New front yard landscape for enhanced curb appeal, modern interior finishes, tile flooring, new carpet and new paint. We make sure our properties have improved and newer kitchens, bathrooms, electric, plumbing, cooling and heating, among others. Take advantage of this great program that offers a great home with financial incentives and NO INVESTOR COMPETITION!!

Last Agent to Sell the Property

Claudia Schulz

DRH Properties Inc License #BR535203000 Listed on: 01/06/2013

Last Buyer's Agent

Michael and Mari Martinez

eXp Realty License #SA630118000

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $779

Year Built

  • Built in 1975

Lot Details

  • 7,379 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence

Parking

  • 2 Carport Spaces

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,611 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Location

  • Property is near a bus stop

Schools

  • Tomahawk Elementary School
  • Estrella Middle School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Tax Lot 271
  • Assessor Parcel Number 102-20-876

Home Details

Home Type

Single Family

Est. Annual Taxes

$779

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Cross Street: Indian School & 75th Ave
  • Legal Info Range: 1E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 1975
  • Tax Year: 2011
  • Directions: West on Indian School Rd, North on 77th Ave, West on Montecito Ave to property.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.17
  • Subdivision Name: Marlborough Country
  • ResoBuildingAreaSource: Assessor
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Pantry, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 1611.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features Pantry: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Carport Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop
  • Amenities: Not Managed
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7379.0
  • Parcel #: 102-20-876
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 779.36
  • Tax Book Number: 102.00
  • Tax Lot: 271
  • Tax Map Number: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2013
Closed on
Mar 26, 2013
Sold by
Dela Fuente Manuela
Bought by
Dela Fuente Dennis
Seller's Agent
Claudia Schulz
DRH Properties Inc
Buyer's Agent
Michael and Mari Martinez
eXp Realty
List Price
$115,000
Sold Price
$115,000
Current Estimated Value
$362,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,098
Avg. Annual Appreciation
9.58%
Original Mortgage
$87,600
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 29, 2012
Sold by
City Of Phoenix
Bought by
Mandalay Communities Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,904
Interest Rate
3.52%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 3, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
City Of Phoenix

Purchase Details

Closed on
Sep 30, 2011
Sold by
U S Bank National Association
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Sep 20, 2011
Sold by
Cruz Cristina
Bought by
U S Bank National Association

Purchase Details

Closed on
Apr 16, 2008
Sold by
Hauer Matthew and Hauer Jessica
Bought by
Cruz Cristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,821
Interest Rate
5.99%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 28, 2003
Sold by
Cornish Investments Inc
Bought by
Hauer Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 2003
Sold by
Bank One Na
Bought by
Cornish Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 2003
Sold by
Walsh James P
Bought by
Bank One Na and Csfb Mbs Series 2002-26

Purchase Details

Closed on
Nov 2, 1998
Sold by
Gregory Steven W and Gregory Julie L
Bought by
Walsh James P

Purchase Details

Closed on
Dec 12, 1995
Sold by
Gerken Kenneth James
Bought by
Gerken Carl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
7.37%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 1, 1995
Sold by
Gerken Carl
Bought by
Gregory Steven W and Gregory Julie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
7.37%
Mortgage Type
Seller Take Back
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
Dela Fuente Dennis -- Chicago Title Agency Inc
Fuente Dennis De La $115,000 Chicago Title Agency Inc
Mandalay Communities Inc -- Empire West Title Agency
City Of Phoenix -- Grand Canyon Title Agency
Secretary Of Housing & Urban Development -- Great American Title Agency
U S Bank National Association $168,786 Great American Title Agency
Cruz Cristina $141,000 The Talon Group Tempe Supers
Hauer Matthew $120,000 Fidelity National Title
Cornish Investments Inc $108,000 First American Title Ins Co
Bank One Na $81,252 First American Title
Walsh James P $69,606 Chicago Title Insurance Co
Gerken Carl A $62,500 Chicago Title Insurance Co
Gregory Steven W $62,900 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fuente Dennis De La $87,600
Previous Owner Mandalay Communities Inc $36,895
Previous Owner Cruz Cristina $138,821
Previous Owner Hauer Matthew $108,000
Previous Owner Gregory Steven W $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2013 03/15/13 Sold $115,000 0.0% $71 / Sq Ft
01/23/2013 01/23/13 Pending -- -- --
01/06/2013 01/06/13 For Sale $115,000 -- $71 / 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 $1,138 $7,337 -- --
2024 $1,167 $6,988 -- --
2023 $1,167 $24,060 $4,810 $19,250
2022 $1,095 $17,950 $3,590 $14,360
2021 $1,118 $16,200 $3,240 $12,960
2020 $1,055 $14,960 $2,990 $11,970
2019 $1,007 $13,120 $2,620 $10,500
2018 $1,053 $12,220 $2,440 $9,780
2017 $1,004 $10,260 $2,050 $8,210
2016 $959 $8,800 $1,760 $7,040
2015 $884 $7,870 $1,570 $6,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4870389

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-20-876