NOT LISTED FOR SALE

Estimated Value: $776,000 - $950,000

2 Beds
1 Bath
640 Sq Ft
6,970 Sq Ft Lot

Last Sold March 19, 2021

Last sale price $700,000 $1,094 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,951/month

Highlights

  • 0.16 Acre Lot
  • Tile Flooring
  • Heating Available
  • No HOA
  • Central Air

About This Home

As of May 2021

Located just steps from downtown Tempe's bars, shops, and restaurants this unit is in a prime location. This cute unit features 2 bedrooms and 1 bath, a spacious living/ dining area and a huge private patio. The kitchen has recently been remodeled with new cabinets and countertops. Plenty of parking available including one covered spot

Last Agent to Rent the Property

Mike Ratzken

Two Brothers Realty & Co License #BR636869000 Listed on: 04/29/2021

Last Renter's Agent

Mike Ratzken

Two Brothers Realty & Co License #BR636869000 Listed on: 04/29/2021

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,915

Year Built

  • Built in 1963

Lot Details

  • Desert faces the front of the property
  • Block Wall Fence

Parking

  • 1 Carport Space

Home Design

  • Foam Roof
  • Block Exterior

Interior Spaces

  • 640 Sq Ft Home
  • 1-Story Property

Flooring

  • Laminate
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Schools

  • Cecil Shamley Elementary School
  • Mckemy Middle School
  • Tempe High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Monterrey Village Plat 3 Unit 2 Subdivision

Listing and Financial Details

  • Property Available on 5/3/21
  • $250 Move-In Fee
  • 6-Month Minimum Lease Term
  • Tax Lot 22
  • Assessor Parcel Number 124-31-120

Condo Details

Home Type

Condominium

Est. Annual Taxes

$1,915

Year Built

Built in 1963

Lot Details

0

Rental Info

  • Available Date: 2021-05-03

Listing Details

  • Cross Street: Rio Salado and Hardy
  • Legal Info Range: 4E
  • Property Type: Residential Lease
  • 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: 1963
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 2.0
  • Initial Move In Costs Admin Fee: 250.0
  • Lease Term Minimum Lease Term Months: 6
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: MONTERREY VILLAGE PLAT 3 UNIT 2
  • Property Attached Yn: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate, Stone, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Living Area: 640.0
  • Stories: 1
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Front
  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Foam
  • Construction:Block: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Other, See Remarks
  • Laundry Features: See Remarks, Other
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Lessor Approval

Schools

  • Elementary School: Cecil Shamley School
  • High School: Tempe High School
  • Middle Or Junior School: McKemy Middle School

Lot Info

  • Lot Size Sq Ft: 6853.0
  • Parcel #: 124-31-120

Building Info

  • Builder Name: unk

Tax Info

  • Tax Book Number: 124.00
  • Tax Lot: 22
  • Tax Map Number: 31.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2020
Closed on
Mar 17, 2021
Sold by
828 W Second Street Llc
Bought by
Dallacqua Giovanni
Seller's Agent
Sophia Baron
Grace CRE
Buyer's Agent
Mike Ratzken
Two Brothers Realty & Co
List Price
$719,000
Sold Price
$700,000
Premium/Discount to List
-$19,000
-2.64%
Current Estimated Value
$867,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,333
Avg. Annual Appreciation
5.04%
Original Mortgage
$716,100
Interest Rate
2.7%
Mortgage Type
VA

Purchase Details

Closed on
Feb 19, 2014
Sold by
Green Todd and Green Mary Anne
Bought by
828 W Second Street Llc

Purchase Details

Closed on
Sep 6, 2013
Sold by
828 W 2Nd Street Llc
Bought by
Green Todd A and Green Mary Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,250
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2009
Sold by
Aspen Apartments Llc
Bought by
828 W 2Nd Street Llc

Purchase Details

Closed on
Oct 9, 2008
Sold by
Greeley Ronald and Greeley Cynthia R
Bought by
Aspen Apartments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.31%
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
Dallacqua Giovanni $700,000 Old Republic Title Agency
828 W Second Street Llc -- None Available
828 W Second Street Llc -- None Available
Green Todd A -- None Available
828 W 2Nd Street Llc -- None Available
828 W 2Nd Street Llc -- None Available
Aspen Apartments Llc $255,000 Landamerica Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dallacua Giovanni $716,553
Closed Dallacqua Giovanni $716,100
Previous Owner Green Todd A $164,250
Previous Owner Aspen Apartments Llc $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2021 05/17/21 Rented $1,150 0.0% --
04/29/2021 04/29/21 For Rent $1,150 0.0% --
03/19/2021 03/19/21 Sold $700,000 -2.6% $277 / Sq Ft
03/11/2021 03/11/21 For Sale $719,000 +2.7% $284 / Sq Ft
01/26/2021 01/26/21 Off Market $700,000 -- --
12/18/2020 12/18/20 For Sale $719,000 -- $284 / 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 $1,915 $17,095 -- --
2024 $1,892 $16,281 -- --
2023 $1,892 $76,920 $15,380 $61,540
2022 $1,815 $58,610 $11,720 $46,890
2021 $1,827 $50,250 $10,050 $40,200
2020 $1,772 $40,000 $8,000 $32,000
2019 $1,738 $31,300 $6,260 $25,040
2018 $1,695 $23,360 $4,670 $18,690
2017 $1,645 $22,420 $4,480 $17,940
2016 $1,633 $20,910 $4,180 $16,730
2015 $1,568 $18,170 $3,630 $14,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6229793

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-31-120