NOT LISTED FOR SALE

Estimated Value: $397,000 - $456,000

3 Beds
2 Baths
1,401 Sq Ft
$308/Sq Ft Est. Value

Last Sold January 15, 2013

Last sale price $127,000 $91 Per Sq Ft

Est. 240% increase in value since last sale

Current estimated payment $2,459/month

120 Days on Market

Highlights

  • Covered Patio or Porch
  • Eat-In Kitchen
  • Grass Covered Lot
  • Finley Farms Elementary School Rated A-
  • Tile Flooring
  • Heating Available

About This Home

As of January 2013

This is a BANK OWNED property located in the Cottonwood Crossing subdivision. This home boasts a bay window in the kitchen with plenty of kitchen cabinets. This split floorplan offers good sized bedrooms. There are ceiling fans in all the rooms and window coverings in most of the rooms. This home is being sold AS-IS. The seller has never occupied the property.

Last Agent to Sell the Property

Jesi Wolnik

Vicsdale License #BR521511000 Listed on: 09/05/2012

Co-Listed By

Benjamin Olson

Paramount Properties of Arizona LLC License #BR539855000

Last Buyer's Agent

Teri Starsiak

HomeSmart License #SA509626000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,060

Year Built

  • Built in 1996

Lot Details

  • 6,478 Sq Ft Lot
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

  • $31 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,401 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen

Flooring

  • Carpet
  • Linoleum
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered Patio or Porch

Schools

  • Greenfield Elementary School
  • Greenfield Junior High School
  • Gilbert High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Cable TV Available

Community Details

  • Association fees include (see remarks)
  • Tri City Management Association, Phone Number (480) 844-2224
  • Cottonwood Crossing Unit 1 Subdivision

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 304-26-367

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,060

Year Built

Built in 1996

Lot Details

0

HOA Fees

$31 per month

Parking

2

Listing Details

  • Cross Street: Val Vista & Warner
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 31.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 1996
  • Tax Year: 2011
  • Directions: East on Warner to Columbus, South to Brooks, West to Wanda
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.15
  • Co List Office Mls Id: pmnt01
  • Co List Office Phone: 480-339-7188
  • Subdivision Name: Cottonwood Crossing Unit 1
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 31.0
  • Technology:Cable TV Avail: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Linoleum, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Full Bth Master Bdrm
  • Living Area: 1401.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s)
  • Lot Features: Grass Front, Grass Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: Management
  • Association Fee: 31.0
  • Association Fee Frequency: Monthly
  • Association Name: Tri City Management
  • Phone: 480-844-2224
  • 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: Tri City Management
  • Association Fees:HOA Telephone4: 480-844-2224
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Other (See Remarks)5: Yes

Fee Information

  • Association Fee Includes: Other (See Remarks)

Schools

  • Elementary School: Greenfield Elementary School
  • High School: Gilbert High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Greenfield Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6478.0
  • Parcel #: 304-26-367
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1060.0
  • Tax Book Number: 304.00
  • Tax Lot: 22
  • Tax Map Number: 26.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2013
Sold by
Mengel Eric A
Bought by
Mengel Eric A and Mengel Gayle
Current Estimated Value
$431,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Outstanding Balance
$105,158
Interest Rate
4.49%
Mortgage Type
New Conventional
Estimated Equity
$326,072

Purchase Details

Closed on
Oct 8, 2013
Sold by
Mengel Gayle and Mengel Eric A
Bought by
Mengel Eric A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Outstanding Balance
$105,158
Interest Rate
4.49%
Mortgage Type
New Conventional
Estimated Equity
$326,072

Purchase Details

Listed on
Sep 5, 2012
Closed on
Jan 8, 2013
Sold by
U S Bank National Association
Bought by
Mengel Eric and Mengel Gayle
Seller's Agent
Jesi Wolnik
Vicsdale
Buyer's Agent
Teri Starsiak
HomeSmart
List Price
$149,900
Sold Price
$127,000
Premium/Discount to List
-$22,900
-15.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.08%

Purchase Details

Closed on
Aug 21, 2012
Sold by
Hosford Brian W
Bought by
U S Bank National Association

Purchase Details

Closed on
Nov 16, 2006
Sold by
Eastep Craig and Eastep Donna
Bought by
Hosford Brian W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 2005
Sold by
Lorts Michael Todd and Lorts Catherine Mary
Bought by
Eastep Craig and Eastep Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2005
Sold by
Bailey Patricia A
Bought by
Lorts Michael Todd and Lorts Catherine Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2000
Sold by
Kilpatrick Russell and Kilpatrick Jennifer Lynn
Bought by
Bailey Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,900
Interest Rate
8.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 1996
Sold by
Providence Homes Inc
Bought by
Kilpatrick Russell and Wallace Jennifer Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,677
Interest Rate
8.14%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 17, 1996
Sold by
Providence Development Inc
Bought by
Providence Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,677
Interest Rate
8.14%
Mortgage Type
FHA
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
Mengel Eric A -- None Available
Mengel Eric A -- Grand Canyon Title Agency In
Mengel Eric $127,000 Lawyers Title Of Arizona Inc
U S Bank National Association $212,876 First American Title Ins Co
Hosford Brian W $230,000 Chicago Title Insurance Co
Eastep Craig $209,000 First American Title Ins Co
Lorts Michael Todd $162,900 Security Title Agency Inc
Bailey Patricia A $122,500 Security Title Agency
Kilpatrick Russell $97,565 Security Title
Providence Homes Inc $85,359 Security Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mengel Eric A $140,000
Previous Owner Hosford Brian W $184,000
Previous Owner Eastep Craig $122,000
Previous Owner Bailey Patricia A $113,900
Previous Owner Kilpatrick Russell $96,677
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2013 01/15/13 Sold $127,000 -7.9% $91 / Sq Ft
01/03/2013 01/03/13 Pending -- -- --
11/20/2012 11/20/12 Price Changed $137,900 -4.8% $98 / Sq Ft
10/19/2012 10/19/12 Price Changed $144,900 -3.3% $103 / Sq Ft
09/05/2012 09/05/12 For Sale $149,900 -- $107 / 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 $1,596 $18,005 -- --
2024 $1,603 $17,148 -- --
2023 $1,603 $31,110 $6,220 $24,890
2022 $1,558 $23,260 $4,650 $18,610
2021 $1,612 $21,870 $4,370 $17,500
2020 $1,587 $20,200 $4,040 $16,160
2019 $1,474 $18,360 $3,670 $14,690
2018 $1,436 $17,220 $3,440 $13,780
2017 $1,389 $15,920 $3,180 $12,740
2016 $1,426 $15,330 $3,060 $12,270
2015 $1,300 $14,430 $2,880 $11,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4813970

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-26-367