$419,000
Phoenix, AZ 85054
MLS# 6187128
Status: Closed
2 beds | 2 baths
1 / 36
Property Description
This unit is a proven investment with an annual income stream of over $30,000 for three straight years. An Ideal 2 bed/1.75 bath condo in the gated Bella Monte all within the amenity laden Desert Ridge Marketplace neighborhood adjacent to the JW Marriott, Wildfire Golf & High St. 2nd Floor upgraded unit, with1 car garage below. An open floor plan with gorgeous Maple wood floors in the main areas and the Master bedroom. Family room has a cozy stacked stone fireplace. The kitchen has custom cabinets, granite counters, chef style gas stove all GE appliances. A granite breakfast bar & pantry. The laundry closet is also inside the kitchen area. The master pops with the Maplewood extended within, a 3/4 bath with a classy double vanity, step-in shower, and a walk-in closet.
Details
Maps
Contract Information
Status Change Date: 2021-06-02
Sold Price: $419,000
Status: Closed
Current Price: $419,000
List Date: 2021-01-28
Type: ER
Ownership: Fee Simple
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Comp to Buyer Broker: 2
Variable Commission: N
Location, Tax & Legal
Map Code/Grid: K36
House Number: 21320
Compass: N
Street Name: 56TH
St Suffix: Street
Unit #: 2009
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85054
Country: USA
County Code: Maricopa
Assessor's Map #: 39
Assessor's Parcel #: 393
Assessor Number: 212-39-393
Legal Description (Abbrev): LOT 2009 BELLA MONTE AT DESERT RIDGE CONDOMINIUM AMD MCR 085332
Subdivision: BELLA MONTE AT DESERT RIDGE CONDOMINIUM AMD
Tax Municipality: Phoenix
Taxes: 2435
Tax Year: 2020
General Property Description
Dwelling Type: Apartment Style/Flat
Dwelling Styles: Attached
Exterior Stories: 2
# of Interior Levels: 1
# Bedrooms: 2
# Bathrooms: 2
Approx SQFT: 1408
Price/SqFt: 297.58
Horses: N
Builder Name: TOWNE
Year Built: 2007
Approx Lot SqFt: 1392
Approx Lot Acres: 0.032
Flood Zone: TBD
Pool: Community Only
Elementary School: Desert Trails Elementary School
Jr. High School: Explorer Middle School
High School: Pinnacle High School
Elementary School District: Paradise Valley Unified District
High School District: Paradise Valley Unified District
Remarks & Misc
Cross Street: 56th St & HWY 101
Directions: North on 56th St. continue through Deer Valley Rd light to the front Bella Monte entry. Inside gate immediate right and Building #3 on your right hand side.
Geo Lat: 33.680423
Geo Lon: -111.959571
Status Change Info
Off Market Date: 2021-06-02
Under Contract Date: 2021-04-19
Close of Escrow Date: 2021-06-01
Sold Price: $419,000
Legal Info
Township: 4N
Range: 4E
Section: 21
Lot Number: 2009
Association & Fees
HOA Y/N: Y
HOA Transfer Fee: 185
HOA Fee: 275
HOA Paid Frequency: Monthly
HOA Name: Bella Monte
HOA Telephone: 480-539-1396
HOA Management Company: Brown
HOA Management Phone: 480-539-1396
HOA 2 Y/N: Y
Association Fee 2: 255
Association Fee 2 Frequency: Semi-Annually
HOA 2 Name: Desert Ridge
HOA 2 Telephone: 480-921-7500
HOA Management Company 2: First Service Res.
HOA 3 Y/N: N
PAD Fee Y/N: N
Cap Improvement/Impact Fee $/%: $
Cap Improvement/Impact Fee 2 $/%: $
Land Lease Fee Y/N: N
Rec Center Fee Y/N: N
Rec Center Fee 2 Y/N: N
Ttl Mthly Fee Equiv: 317.5
Basement
Basement Y/N: N
Separate Den/Office
Sep Den/Office Y/N: N
Parking Spaces
Garage Spaces: 1
Total Covered Spaces: 1
Sold Info
Loan Type: Conventional
Loan Years: 30
Payment Type: Adjustable
Closing Cost Split: Normal - N
Buyer Concession $/%: %
Seller Concession $/%: %
Property Features
Special Listing Cond: N/A
Add'l Property Use: None
Architecture: Contemporary
Master Bathroom: 3/4 Bath Master Bdrm; Double Sinks; Private Toilet Room
Additional Bedroom: Master Bedroom Walk-in Closet
Fireplace: 1 Fireplace; Fireplace Family Rm
Flooring: Carpet; Tile; Wood
Windows: Sunscreen(s)
Pool Features: No Pool
Spa: None
Community Features: Biking/Walking Path; Clubhouse/Rec Room; Comm Tennis Court(s); Community Pool; Community Pool Htd; Community Spa; Community Spa Htd; Concierge; Gated Community; Workout Facility
Dining Area: Breakfast Bar; Dining in LR/GR
Kitchen Features: Range/Oven Gas; Cook Top Gas; Disposal; Dishwasher; Built-in Microwave; Pantry; Walk-in Pantry; Granite Countertops
Laundry: Washer Included; Dryer Included; Inside
Other Rooms: Family Room
Features: 9+ Flat Ceilings; Fire Sprinklers; Furnished(See Rmrks)
Technology: Cable TV Avail; High Speed Internet Available
Exterior Features: Balcony
Parking Features: Common; Dir Entry frm Garage; Electric Door Opener
Road Responsibility: Private Maintained Road
Construction: Frame - Wood
Const - Finish: Painted; Stucco; Stone
Roofing: Tile
Cooling: Refrigeration; Ceiling Fan(s)
Heating: Electric
Plumbing: Gas Hot Water Heater
Utilities: APS; SW Gas
Water: City Water
Sewer: Sewer - Public
Services: City Services
Fencing: Wrought Iron
Landscaping: Desert Front; Irrigation Front
Showing Notification Methods: Text; Email; Phone Call
Possession: Close of Escrow
Unit Style: End Unit
Association Fee Incl: Exterior Mnt of Unit; Roof Replacement; Water; Sewer; Garbage Collection; Common Area Maint
Assoc Rules/Info: Pets OK (See Rmrks); Rental OK (See Rmks); Clubhouse/Rec Center; Prof Managed
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Trms: Non Assumable
New Financing: VA; Conventional; 1031 Exchange
Disclosures: Seller Discl Avail
Supplements
The secondary bedroom has carpeting. Balcony is a south view orientation. Ideal for Investors as this vacation home has a built in clientele with a 4.9 star rating with VRBO. The turn key income stream has a maid service to clean and get the unit ready for the next guest. Seasonally from Jan 1 to April, the Snowbirds have rented the unit for an average of over $20,000. Further, the home rents easily for around $250 a night since the proximity is located near the Mayo Clinic, Phoenix Open, and the Barret Jackson car show. Including the Covid 19 downturn, we were still able to generate major cash flow.
Listing Office: Platinum Realty Network
Last Updated: February - 17 - 2023
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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