NOT LISTED FOR SALE

Estimated Value: $171,000 - $229,000

2 Beds
1 Bath
750 Sq Ft
$160/mo HOA Fee

Last Sold November 06, 2015

Last sale price $40,000 $53 Per Sq Ft

Est. 379% increase in value since last sale

Current estimated payment $1,206/month

28 Days on Market

Highlights

  • Spanish Architecture
  • Tile Flooring
  • Ceiling Fan
  • Solar Screens
  • Built-In Barbecue
  • 5-minute walk to Cortez Park

About This Home

As of November 2015

Great investment opportunity! Nice 2 bed 1 bath unit across from Cortez park! The complex is close to the I-17 and Metro center mall. Seller also has unit next door listed so buy them both and keep your investments together!

Last Agent to Sell the Property

Jared Nathey

RE/MAX Desert Showcase License #SA653755000 Listed on: 09/23/2015

RE/MAX Desert Showcase

Last Buyer's Agent

Jared Nathey

RE/MAX Desert Showcase License #SA653755000 Listed on: 09/23/2015

RE/MAX Desert Showcase

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $289

Year Built

  • Built in 1975

Lot Details

  • 871

HOA Fees

  • $160 Monthly HOA Fees

Home Design

  • Spanish Architecture
  • Built-Up Roof
  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 750 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Solar Screens

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 1 Carport Space
  • Assigned Parking

Schools

  • Cactus Wren Elementary School
  • Cholla Complex Middle School
  • Cortez High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Cable TV Available

Additional Features

  • Built-In Barbecue
  • 1 Common Wall

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 149-39-456-A

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, ground maintenance, trash, water, maintenance exterior
  • Az HOA Managment Association, Phone Number (602) 944-3338
  • Villa De Madrid Subdivision

Amenities

  • Coin Laundry

Property Details

Home Type

Condominium

Est. Annual Taxes

$289

Year Built

Built in 1975

Lot Details

0

HOA Fees

$160 per month

Listing Details

  • Cross Street: 35 AVE & DUNLAP
  • 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: 160.0
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2014
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1975
  • Tax Year: 2015
  • Directions: North on 35th ave from Dunlap, Go West on Eva then first left into complex. Please park in uncovered spaces!
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: VILLA DE MADRID
  • Architectural Style: Spanish
  • Property Attached Yn: Yes
  • Tax Parcel Letter: A
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 160.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 750.0
  • Stories: 1
  • Window Features: Sunscreen(s)
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Community Features:Coin-Op Laundry: Yes
  • Community Features:Community Laundry: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Built-in Barbecue
  • Lot Features: Gravel/Stone Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Common Walls: 1 Common Wall
  • Construction Type: Painted, Stucco, Block
  • Roof: Built-Up, Foam
  • Construction:Block: Yes
  • Exterior Features:Built-in BBQ: Yes

Garage/Parking

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

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Laundry, Coin-Op Laundry
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 160.0
  • Association Fee Frequency: Monthly
  • Association Name: VILLA DE MADRID
  • Phone: 602-944-3338
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 395.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: VILLA DE MADRID
  • Association Fees:HOA Telephone4: 602-944-3338
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 200.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: AZ HOA Managment
  • Association Fees:HOA Management Phone: 602-944-3338
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Maintenance Grounds, Trash, Water, Maintenance Exterior

Schools

  • Elementary School: Cactus Wren Elementary School
  • High School: Cortez High School
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Cholla Complex

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 742.0
  • Parcel #: 149-39-456-A
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 289.0
  • Tax Book Number: 149.00
  • Tax Lot: 10
  • Tax Map Number: 39.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2017
Sold by
Saunders David
Bought by
Dls Homes Llc
Current Estimated Value
$191,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Outstanding Balance
$141,545
Interest Rate
3.88%
Mortgage Type
Commercial
Estimated Equity
$50,122

Purchase Details

Listed on
Sep 23, 2015
Closed on
Dec 14, 2015
Sold by
Saunders David
Bought by
Dls Homes Llc
Seller's Agent
Jared Nathey
RE/MAX Desert Showcase
Buyer's Agent
Jared Nathey
RE/MAX Desert Showcase
List Price
$45,000
Sold Price
$40,000
Premium/Discount to List
-$5,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.15%

Purchase Details

Listed on
Sep 23, 2015
Closed on
Nov 5, 2015
Sold by
Sanchez Eduardo and Sanchez Alma D
Bought by
Saunders David
Seller's Agent
Jared Nathey
RE/MAX Desert Showcase
Buyer's Agent
Jared Nathey
RE/MAX Desert Showcase
List Price
$45,000
Sold Price
$40,000
Premium/Discount to List
-$5,000
-11.11%

Purchase Details

Listed on
Sep 23, 2015
Closed on
Oct 21, 2015
Sold by
Saunders Parthenia D
Bought by
Saunders David
Seller's Agent
Jared Nathey
RE/MAX Desert Showcase
Buyer's Agent
Jared Nathey
RE/MAX Desert Showcase
List Price
$45,000
Sold Price
$40,000
Premium/Discount to List
-$5,000
-11.11%

Purchase Details

Listed on
Apr 8, 2014
Closed on
Nov 18, 2014
Sold by
Mounsey Steve L and Mounsey Linda M
Bought by
Sanchez Eduardo and Sanchez Alma D
Seller's Agent
Michael S Burgener
Sherlock Homes Realty
Buyer's Agent
Jared Nathey
RE/MAX Desert Showcase
List Price
$45,000
Sold Price
$35,500
Premium/Discount to List
-$9,500
-21.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.39%

Purchase Details

Closed on
Dec 1, 2005
Sold by
Jensen E P and Jensen Anne
Bought by
Mounsey Steve L and Mounsey Linda M
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
Dls Homes Llc -- Fidelity National Title Agen
Dls Homes Llc -- None Available
Saunders David $40,000 Wfg National Title Ins Co
Saunders David -- Wfg National Title Ins Co
Sanchez Eduardo $35,500 Empire West Title Agency
Mounsey Steve L $200,000 Empire Title Agency Of Az
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dls Homes Llc $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2015 11/06/15 Sold $40,000 -11.1% $53 / Sq Ft
10/21/2015 10/21/15 Pending -- -- --
09/23/2015 09/23/15 For Sale $45,000 +26.8% $60 / Sq Ft
11/24/2014 11/24/14 Sold $35,500 -11.1% $47 / Sq Ft
11/01/2014 11/01/14 Pending -- -- --
05/22/2014 05/22/14 Price Changed $39,950 -11.2% $53 / Sq Ft
04/07/2014 04/07/14 For Sale $45,000 -- $60 / 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 $357 $2,916 -- --
2024 $350 $2,777 -- --
2023 $350 $9,580 $1,910 $7,670
2022 $339 $7,000 $1,400 $5,600
2021 $343 $6,320 $1,260 $5,060
2020 $335 $5,620 $1,120 $4,500
2019 $328 $3,980 $790 $3,190
2018 $320 $3,500 $700 $2,800
2017 $318 $2,880 $570 $2,310
2016 $312 $2,680 $530 $2,150
2015 $289 $2,580 $510 $2,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5340651

Arizona Regional Multiple Listing Service (ARMLS)

APN: 149-39-456A