NOT LISTED FOR SALE

Estimated Value: $384,731 - $406,000

4 Beds
3 Baths
1,943 Sq Ft
$203/Sq Ft Est. Value

Last Sold July 01, 2019

Last sale price $218,000 $112 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $2,327/month

228 Days on Market

Highlights

  • Dual Vanity Sinks in Primary Bathroom
  • Cooling Available
  • High Speed Internet
  • Phoenix Coding Academy Rated A
  • Kitchen Island
  • Heating Available

About This Home

As of July 2019

Incredible INVESTOR opportunity! Section 8 tenant in place. Earn your rental income of $1205/mo right away with possibility of increased rent in the future. Current tenant lives there for years and lease is renewable yearly end of April. Buyer has to take over current lease, so tenant's occupancy won't be affected. Property faces a greenbelt and great mountain view, featuring downstairs a formal living room, functional kitchen, formal dining & breakfast area, family room, half bath, laundry room and 2 car garage. Upstairs features a Master bedroom with full master bathroom, 3 other bedrooms and a hallway full bath. Don't miss out on the opportunity to own this fantastic rental property! PLEASE DO NOT DISTURB TENANT!

Last Agent to Sell the Property

Beibei Wong

Realty ONE Group License #SA546457000 Listed on: 10/15/2018

Last Buyer's Agent

Spencer Lindahl

Main Street Renewal, LLC License #BR636671000

Main Street Renewal, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,652

Year Built

  • Built in 2004

Lot Details

  • 5,687 Sq Ft Lot
  • Block Wall Fence

HOA Fees

  • $69 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,943 Sq Ft Home
  • 2-Story Property
  • Kitchen Island
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Schools

  • Cheatham Elementary School
  • Vista Del Sur Accelerated Middle School
  • Cesar Chavez High School

Utilities

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

Community Details

  • Association fees include ground maintenance
  • Cheatham Farms HOA, Phone Number (623) 877-1396
  • Built by Continental Homes
  • Cheatham Farms Unit 3 Amd Subdivision

Listing and Financial Details

  • Tax Lot 97
  • Assessor Parcel Number 300-84-590

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,652

Year Built

Built in 2004

Lot Details

0

HOA Fees

$69 per month

Parking

2

Listing Details

  • Cross Street: 51st Avenue and Baseline
  • Legal Info Range: 2E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 68.5
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2004
  • Tax Year: 2018
  • Directions: South on 51th Ave to South Mountain Ave, East (left) to 49th Lane, South (right) to Coles Rd., East (left) to 49th Dr, South (right) on 49th Dr to property on the West (right) side of the street.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.13
  • Subdivision Name: CHEATHAM FARMS UNIT 3 AMD
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 205.5
  • Technology:Cable TV Avail: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 1943.0
  • Stories: 2
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Gravel/Stone Front
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Other, See Remarks
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Association Fee: 205.5
  • Association Fee Frequency: Quarterly
  • Association Name: Cheatham Farms HOA
  • Phone: 623-877-1396
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 125.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Cheatham Farms HOA
  • Association Fees:HOA Telephone4: (623) 877-1396
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Cheatham Elementary School
  • High School: Cesar Chavez High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Vista Del Sur Accelerated

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5687.0
  • Parcel #: 300-84-590

Building Info

  • Builder Name: Continental Homes

Tax Info

  • Tax Annual Amount: 1652.0
  • Tax Book Number: 300.00
  • Tax Lot: 97
  • Tax Map Number: 84.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2020
Sold by
Luxor Sfr Spv 1 Llc
Bought by
Alto Asset Company 2 Llc
Current Estimated Value
$394,933

Purchase Details

Listed on
Oct 15, 2018
Closed on
Jun 28, 2019
Sold by
Wong Veng
Bought by
Luxor Sfr Spv 1 Llc
Seller's Agent
Beibei Wong
Realty ONE Group
Buyer's Agent
Spencer Lindahl
Main Street Renewal, LLC
List Price
$225,000
Sold Price
$218,000
Premium/Discount to List
-$7,000
-3.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.91%

Purchase Details

Closed on
Dec 19, 2008
Sold by
U S Bank National Association
Bought by
Wong Veng

Purchase Details

Closed on
Oct 28, 2008
Sold by
Rojas Edgar and Mortgage Electronic Registrati
Bought by
U S Bank National Association

Purchase Details

Closed on
Nov 28, 2007
Sold by
Hernandez Salvador
Bought by
Hernandez Salvador and Hernandez Matilde

Purchase Details

Closed on
Mar 19, 2007
Sold by
Rojas Edgar
Bought by
Hernandez Salvador

Purchase Details

Closed on
Oct 6, 2006
Sold by
Wood Tommy
Bought by
Rojas Edgar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
6.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2004
Sold by
Continental Homes Inc
Bought by
Wood Tommu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,996
Interest Rate
4.37%
Mortgage Type
New Conventional
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
Alto Asset Company 2 Llc $31,416 Bchh Inc
Luxor Sfr Spv 1 Llc $210,000 Bchh Inc
Wong Veng $99,000 Lsi Title Agency
U S Bank National Association $91,881 Security Title Agency
Hernandez Salvador -- None Available
Hernandez Salvador -- None Available
Rojas Edgar $260,000 Dhi Title Of Arizona Inc
Wood Tommu $147,996 Dhi Title Of Arizona Inc
Continental Homes Inc -- Dhi Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rojas Edgar $52,000
Previous Owner Wood Tommu $147,996
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2019 07/01/19 Sold $218,000 -3.1% $112 / Sq Ft
05/08/2019 05/08/19 For Sale $225,000 0.0% $116 / Sq Ft
05/08/2019 05/08/19 Price Changed $225,000 +3.2% $116 / Sq Ft
04/18/2019 04/18/19 Off Market $218,000 -- --
04/11/2019 04/11/19 For Sale $215,000 -1.4% $111 / Sq Ft
01/30/2019 01/30/19 Off Market $218,000 -- --
10/15/2018 10/15/18 For Sale $215,000 -- $111 / 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 $1,973 $12,793 -- --
2024 $1,937 $12,184 -- --
2023 $1,937 $27,850 $5,570 $22,280
2022 $1,882 $21,080 $4,210 $16,870
2021 $1,882 $19,670 $3,930 $15,740
2020 $1,835 $17,830 $3,560 $14,270
2019 $1,836 $16,080 $3,210 $12,870
2018 $1,753 $14,530 $2,900 $11,630
2017 $1,663 $12,660 $2,530 $10,130
2016 $1,583 $11,720 $2,340 $9,380
2015 $1,429 $11,180 $2,230 $8,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5833698

Arizona Regional Multiple Listing Service (ARMLS)

APN: 300-84-590