NOT LISTED FOR SALE

Estimated Value: $774,000 - $1,077,000

2 Beds
1 Bath
700 Sq Ft
7,405 Sq Ft Lot

Highlights

  • 0.17 Acre Lot
  • Eat-In Kitchen
  • Central Air
  • No HOA
  • No Interior Steps
  • Ceiling Fan

About This Home

As of December 2020

This 2 bedroom and 1 bathroom is available for immediate move-in! Newly renovated this unit features recessed lighting, neutral paint color, and brand new flooring. Kitchen features stainless steel appliances all major appliances included! Located in a great Tempe location close to ASU, Tempe Town Lake, shopping and entertainment. See it today! Pets allowed with deposit/monthly pet fee and owner approval. ***Move-In Special*** $995 Per Month for the 1st 6 Months and $1150 Per Month for the 2nd 6 Months of a 12 Month Minimum Lease.

Last Agent to Rent the Property

Teresa Day

Real Property Management Evolve License #SA685117000 Listed on: 09/09/2020

Last Renter's Agent

Teresa Day

Real Property Management Evolve License #SA685117000 Listed on: 09/09/2020

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1972

Lot Details

  • 7,405

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 700 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Parking

  • 1 Carport Space
  • Assigned Parking
  • Unassigned Parking

Accessible Home Design

  • No Interior Steps

Schools

  • Scales Technology Academy Elementary School
  • FEES College Preparatory Middle School
  • Tempe Academy Of International Studies Mckemy Campus High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Property Available on 9/9/20
  • $199 Move-In Fee
  • 12-Month Minimum Lease Term
  • Tax Lot 15
  • Assessor Parcel Number 124-31-113

Condo Details

Home Type

Condominium

Year Built

Built in 1972

Lot Details

0

Rental Info

  • Rent Includes: None
  • Available Date: 2020-09-09

Listing Details

  • Cross Street: University & Hardy
  • Legal Info Range: 4E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1972
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 5.0
  • Initial Move In Costs Admin Fee: 199.0
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.17
  • Subdivision Name: MONTERREY VILLAGE PLAT 3 UNIT 2
  • Property Attached Yn: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Construction Brick: Yes
  • Laundry Features Inside: Yes
  • Roofing:Composition: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Total Bedrooms: 2
  • Fireplace Features: No Fireplace
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Eat-in Kitchen, No Interior Steps
  • Living Area: 700.0
  • Stories: 1
  • Kitchen Features:Built-in Microwave: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Construction Type: Painted, Brick
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Unassigned, Assigned
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Parking Features:Unassigned Parking: Yes
  • Parking Features:Assigned Parking: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Inside, Stacked Washer/Dryer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Lessor Approval

Schools

  • Elementary School: Scales Technology Academy
  • High School: Tempe Academy Of International Studies McKemy Campus
  • Middle Or Junior School: Fees College Preparatory Middle School

Lot Info

  • Lot Size Sq Ft: 7314.0
  • Parcel #: 124-31-113

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Book Number: 124.00
  • Tax Lot: 15
  • Tax Map Number: 31.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2020
Sold by
Sun & Sand Partners Llc
Bought by
Yang Properties Holdings Corp
Current Estimated Value
$967,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$995,000
Outstanding Balance
$882,300
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$85,367

Purchase Details

Closed on
Jan 14, 1996
Sold by
Hendricks Michael C and Hendricks Nancy L
Bought by
Zarlengo Gary A and Francis Toni M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,400
Interest Rate
7.18%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 13, 1994
Sold by
Schwimmer Ray A
Bought by
Hendricks Michael C and Hendricks Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000
Interest Rate
7.59%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yang Properties Holdings Corp $1,440,000 Thomas Title & Escrow
Zarlengo Gary A $114,900 First American Title
Hendricks Michael C $96,180 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yang Properties Holdings Corp $995,000
Previous Owner Zarlengo Gary A $18,400
Previous Owner Hendricks Michael C $2,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2020 12/18/20 Rented $995 0.0% --
11/04/2020 11/04/20 Price Changed $995 -16.7% $1 / Sq Ft
09/09/2020 09/09/20 For Rent $1,195 +127.6% --
06/06/2012 06/06/12 Rented $525 0.0% --
06/06/2012 06/06/12 Under Contract -- -- --
12/06/2011 12/06/11 For Rent $525 -- --
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 $2,254 $18,805 -- --
2024 $2,081 $17,910 -- --
2023 $2,081 $83,180 $16,630 $66,550
2022 $1,996 $63,180 $12,630 $50,550
2021 $2,010 $54,030 $10,800 $43,230
2020 $1,949 $43,380 $8,670 $34,710
2019 $1,912 $34,100 $6,820 $27,280
2018 $1,865 $28,170 $5,630 $22,540
2017 $1,809 $24,430 $4,880 $19,550
2016 $1,796 $22,960 $4,590 $18,370
2015 $1,725 $19,910 $3,980 $15,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6129743

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-31-113