Welcome to an extraordinary real estate investment opportunity that offers both immediate returns and long-term potential. These eight remodeled condo units are not just properties; they represent a strategic step towards building a robust and reliable real estate portfolio. Recently refurbished with a keen eye for modern elegance, these units offer a comfortable
and enticing living space for current
and potential tenants. Nestled in a prime
location and with in-demand amenities,
they boast low monthly expenses while offering a fantastic cap rate of 6.72% % for investors. The appeal doesn't end here; these units are not only warrantable and VA-approved but also offer access to guaranteed subsidized rental programs. This unique investment package allows...
Sold for $1,440,000 on 05/31/24
$1,440,000
18202 N Cave Creek Rd, Phoenix, AZ 85032
24beds
14baths
6,688sqft
Condominium
Built in 1983
-- sqft lot
$1,445,100 Zestimate®
$215/sqft
$1,514 Estimated rent
Home value
$1,445,100
$1.29M - $1.63M
$1,514/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: October 07, 2024 at 08:18am
Listed by:
Amy D Brown 928-254-0501,
RE/MAX Fine Properties
Bought with:
Christopher Roy Ainsworth, SA679196000
eXp Realty
Source: ARMLS,MLS#: 6663975
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 24
- Bathrooms: 14
Heating
- Electric
Cooling
- Central Air, Electric
Appliances
- Included: Free-Standing Range, Disposal, Refrigerator, Microwave, Washer/Dryer
Features
- Flooring: Vinyl
Interior area
- Total structure area: 6,688
- Total interior livable area: 6,688 sqft
Property
Parking
- Total spaces: 9
- Parking features: Other, Assigned, Add'l Parking Avail, 1 Space/Unit, Carport
- Has carport: Yes
- Covered spaces: 8
- Uncovered spaces: 1
Details
- Parcel number: 21407052
- Zoning: MF
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Wood Frame, Painted, Stucco
- Roof: Foam
Condition
- Year built: 1983
Utilities & green energy
- Electric: APS
- Sewer: Public Sewer
- Water: City Franchise
Community & neighborhood
Community
- Community features: Pool
Location
- Region: Phoenix
- Subdivision: MOUNTAIN SPRINGS TERRACE CONDOMINIUM
Other
Other facts
- Listing terms: Conventional
- Ownership: Condominium
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/31/2024 | Sold | $1,440,000-2.7%$215/sqft |
Source:  ARMLS #6663975 Report a problem | ||
| 5/14/2024 | Listed for rent | $1,700+21.4% |
Source: Zillow Rentals Report a problem | ||
| 4/30/2024 | Pending sale | $1,480,000$221/sqft |
Source: ARMLS #6663975 Report a problem | ||
| 4/4/2024 | Price change | $1,480,000-2.6%$221/sqft |
Source: ARMLS #6663975 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Paradise Valley
Nearby schools
GreatSchools rating
- 4/10Echo Mountain Primary SchoolGrades: PK-3Distance: 0.7 mi
- 4/10North Canyon High SchoolGrades: 8-12Distance: 0.8 mi
- 3/10Echo Mountain Intermediate SchoolGrades: 4-6Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Echo Mountain Primary School
- Middle: Vista Verde Middle School
- High: North Canyon High School
- District: Paradise Valley Unified District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,445,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,445,100