NOT LISTED FOR SALE

8537 W Meadowbrook Ave Phoenix, AZ 85037

Estimated Value: $347,901 - $395,000

3 Beds
2 Baths
1,500 Sq Ft
$246/Sq Ft Est. Value

Last Sold December 28, 2012

Last sale price $125,000 $83 Per Sq Ft

Est. 195% increase in value since last sale

Current estimated payment $2,109/month

16 Days on Market

Highlights

  • Eat-In Kitchen
  • Tile Flooring
  • High Speed Internet
  • Solar Screens
  • Property is near a bus stop
  • Heating Available

About This Home

As of December 2012

***PLEASE READ ALL REMARKS BEFORE SHOWING***Exclusive opportunity for owner occupants (no investors). 3 bedrooms, 2 bathrooms home. Includes $15,000 in down payment and closing costs assistance as part of the City of Phoenix Neighborhood Stabilization Program (NSP). This will be a Newly Remodeled, Energy Efficient and Move in Ready 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. ALARM ACTIVATED

Last Agent to Sell the Property

Claudia Schulz

DRH Properties Inc License #BR535203000 Listed on: 09/30/2012

Last Buyer's Agent

Gregory Hauger

Real Broker License #SA632276000

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $863

Year Built

  • Built in 1996

Lot Details

  • 6,826 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence

HOA Fees

  • $51 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Solar Screens
  • Eat-In Kitchen

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Location

  • Property is near a bus stop

Schools

  • Westwind Elementary School
  • Westview High School

Utilities

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

Community Details

  • Association fees include ground maintenance
  • Service First Mangmt Association, Phone Number (480) 287-3540
  • Built by Beazer Homes
  • Horizons On Camelback Unit 2 Subdivision

Listing and Financial Details

  • Tax Lot 336
  • Assessor Parcel Number 102-81-619

Home Details

Home Type

Single Family

Est. Annual Taxes

$863

Year Built

Built in 1996

Lot Details

0

HOA Fees

$51 per month

Parking

2

Listing Details

  • Cross Street: 83rd Ave. & Indian School Rd.
  • Legal Info Range: 1E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 51.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 1996
  • Tax Year: 2011
  • Directions: North on 83rd Ave. West on Minnezona Ave. North on 84th Ln. West on Meadowbrook Ave. to Property
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: Horizons on Camelback Unit 2
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 51.0
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Pantry, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 1500.0
  • Stories: 1
  • Window Features: Sunscreen(s)
  • 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: Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage 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: Management
  • Association Fee: 51.0
  • Association Fee Frequency: Monthly
  • Association Name: Service First Mangmt
  • Phone: 480-287-3540
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Service First Mangmt
  • Association Fees:HOA Telephone4: 480-287-3540
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Westwind Elementary School
  • High School: Westview High School
  • Junior High Dist: Tolleson Union High School District
  • Middle Or Junior School: Westwind Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6826.0
  • Parcel #: 102-81-619
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Beazer Homes

Tax Info

  • Tax Annual Amount: 862.56
  • Tax Book Number: 102.00
  • Tax Lot: 336
  • Tax Map Number: 81.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2012
Closed on
Dec 24, 2012
Sold by
Mandalay Communities Inc
Bought by
Pena Jorge and Pena Anabel
Seller's Agent
Claudia Schulz
DRH Properties Inc
Buyer's Agent
Gregory Hauger
Real Broker
List Price
$125,000
Sold Price
$125,000
Current Estimated Value
$368,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,475
Avg. Annual Appreciation
8.83%
Original Mortgage
$105,921
Outstanding Balance
$74,093
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$294,382

Purchase Details

Closed on
Jul 11, 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
$55,450
Interest Rate
3.7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 27, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
City Of Phoenix

Purchase Details

Closed on
Nov 17, 2011
Sold by
Bayley Catherine M
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Nov 29, 2005
Sold by
Bayley Catherine M
Bought by
Bayley Catherine M and Daleo Vita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
8.7%
Mortgage Type
Purchase Money Mortgage
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
Pena Jorge $125,000 Chicago Title Agency Inc
Mandalay Communities Inc -- Empire West Title Agency
City Of Phoenix -- Grand Canyon Title Agency
Wells Fargo Bank Na $204,295 Great American Title Agency
Secretary Of Housing & Urban Development -- Great American Title Agency
Bayley Catherine M -- Mortgage Information Service
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pena Jorge $105,921
Previous Owner Mandalay Communities Inc $55,450
Previous Owner Bayley Catherine M $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2012 12/28/12 Sold $125,000 0.0% $83 / Sq Ft
10/16/2012 10/16/12 Pending -- -- --
09/30/2012 09/30/12 For Sale $125,000 -- $83 / 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 $1,242 $9,557 -- --
2024 $1,264 $9,102 -- --
2023 $1,264 $25,010 $5,000 $20,010
2022 $1,213 $18,920 $3,780 $15,140
2021 $1,166 $17,620 $3,520 $14,100
2020 $1,131 $16,530 $3,300 $13,230
2019 $1,123 $14,680 $2,930 $11,750
2018 $1,054 $13,470 $2,690 $10,780
2017 $983 $11,850 $2,370 $9,480
2016 $900 $10,730 $2,140 $8,590
2015 $875 $9,710 $1,940 $7,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4826819

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-81-619