NOT LISTED FOR SALE

18202 N Cave Creek Rd Unit 229 Phoenix, AZ 85032

Paradise Valley Neighborhood

Estimated Value: $91,000 - $95,475

1 Bed
1 Bath
608 Sq Ft
$345/mo HOA Fee

Last Sold January 21, 2025

Last sale price $95,000 $156 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $883/month

219 Days on Market

Highlights

  • Unit is on the top floor
  • Breakfast Bar
  • Ceiling Fan
  • Community Pool
  • Property is near a bus stop
  • Coin Laundry

About This Home

As of January 2025

Great opportunity for investment or primary residence with close access to HWY Loop 101, 51 and Desert Ridge Shopping Area. Complex offers a pool and laundry on site with grocery store, gym, and bus stop located directly across the street. Seller has not lived in property-it was previously rented for $1100 per month.

Last Listed By

Dani Lu

eXp Realty License #SA544659000 Listed on: 05/23/2024

eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $183

Year Built

  • Built in 1983

Lot Details

  • Two or More Common Walls
  • Wrought Iron Fence

HOA Fees

  • $345 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 608 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Breakfast Bar

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Location

  • Unit is on the top floor
  • Property is near a bus stop

Schools

  • Campo Bello Elementary School
  • Palomino Intermediate School
  • Paradise Valley High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Listing and Financial Details

  • Tax Lot 229
  • Assessor Parcel Number 214-07-133

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, pest control, ground maintenance, street maintenance, trash, roof replacement, maintenance exterior
  • Peterson Company Association, Phone Number (480) 513-6846
  • Mountain Springs Terrace Condominium Subdivision

Amenities

  • Coin Laundry

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$183

Year Built

Built in 1983

Lot Details

0

HOA Fees

$345 per month

Listing Details

  • Cross Street: Union Hills & Cave Creek Rd
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 345.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1983
  • Tax Year: 2023
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.01
  • Subdivision Name: MOUNTAIN SPRINGS TERRACE CONDOMINIUM
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 345.0
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Breakfast Bar, 3/4 Bath Master Bdrm
  • Living Area: 608.0
  • Stories: 2
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Coin-Op Laundry: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: Two Common Walls, Neighbor Below
  • Construction Type: Painted, Stucco, Block, Frame - Wood
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0
  • Open Parking Spaces: 1.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Community Pool, Near Bus Stop, Coin-Op Laundry
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 345.0
  • Association Fee Frequency: Monthly
  • Association Name: Peterson Company
  • Phone: 480-513-6846
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Peterson Company
  • Association Fees:HOA Telephone4: 480-513-6846
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 690.0
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fee Incl:Pest Control: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Pest Control, Maintenance Grounds, Street Maint, Trash, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Campo Bello Elementary School
  • High School: Paradise Valley High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Palomino Intermediate School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 605.0
  • Parcel #: 214-07-133
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 183.0
  • Tax Book Number: 214.00
  • Tax Lot: 229
  • Tax Map Number: 7.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2017
Closed on
Jan 10, 2018
Sold by
Salazar Juan
Bought by
Sadozein Nassibeh
Seller's Agent
John Brophy
Keller Williams Realty Sonoran Living
Buyer's Agent
Dani Lu
eXp Realty
List Price
$39,950
Sold Price
$39,950
Total Days on Market
219
Current Estimated Value
$93,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,542
Avg. Annual Appreciation
12.41%

Purchase Details

Closed on
Jul 10, 2017
Sold by
Ruiz Gabriela
Bought by
Salazar Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
3.94%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 3, 2017
Sold by
Lotus Investments Llc
Bought by
Salazar Juan

Purchase Details

Closed on
Jul 14, 2014
Sold by
Lotus Investments Llc
Bought by
Realty Transition Company Llc

Purchase Details

Closed on
Feb 19, 2007
Sold by
New Mountain Springs Terrace Condo Llc
Bought by
Lotus Investments Llc

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
Sadozein Nassibeh $39,950 Lawyers Title Of Arizona Inc
Salazar Juan -- Fidelity National Title Agen
Salazar Juan $25,000 Fidelity National Title Agen
Realty Transition Company Llc -- None Available
Lotus Investments Llc $162,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Salazar Juan $26,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2025 01/21/25 Sold $95,000 -4.5% $156 / Sq Ft
01/03/2025 01/03/25 Pending -- -- --
12/27/2024 12/27/24 Price Changed $99,500 -5.2% $164 / Sq Ft
11/08/2024 11/08/24 Price Changed $105,000 -2.8% $173 / Sq Ft
10/01/2024 10/01/24 Price Changed $108,000 -1.4% $178 / Sq Ft
08/31/2024 08/31/24 Price Changed $109,500 -7.2% $180 / Sq Ft
08/27/2024 08/27/24 For Sale $118,000 +24.2% $194 / Sq Ft
08/24/2024 08/24/24 Off Market $95,000 -- --
07/04/2024 07/04/24 Price Changed $118,000 -5.5% $194 / Sq Ft
06/26/2024 06/26/24 Price Changed $124,900 -2.8% $205 / Sq Ft
06/08/2024 06/08/24 Price Changed $128,500 -4.8% $211 / Sq Ft
05/28/2024 05/28/24 For Sale $135,000 +237.9% $222 / Sq Ft
01/16/2018 01/16/18 Sold $39,950 0.0% $66 / Sq Ft
01/03/2018 01/03/18 Pending -- -- --
12/30/2017 12/30/17 For Sale $39,950 -- $66 / 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 $187 $1,882 -- --
2024 $183 $1,792 -- --
2023 $183 $7,300 $1,460 $5,840
2022 $182 $4,370 $870 $3,500
2021 $182 $3,260 $650 $2,610
2020 $176 $3,030 $600 $2,430
2019 $177 $3,400 $680 $2,720
2018 $171 $2,930 $580 $2,350
2017 $164 $2,630 $520 $2,110
2016 $161 $2,530 $500 $2,030
2015 $149 $1,930 $380 $1,550
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6711386

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-07-133