la tierra unit 217 tempe, az - $117,990

7/8/2014 flexmls Web

http://armls.flexmls.com/cgi-bin/mainmenu.cgi 1/15

Comparable Market Analysis

Tuesday, July 8, 2014

For

1402 E GUADALUPE RD 217

Tempe, AZ 85283

By

Mark Carvalho

Carvalho Real Estate Group

4135 S. Pow er Road

Suite 125

Mesa, AZ 85212

480-854-9000

[email protected]

http://w w w .CarvalhoRealEstate.com

This report is not an appraisal and is not intended to meet the requirements set out in the Unif orm Standards of Appraisal Practice. If an

appraisal is desired, the serv ices of a licensed appraiser should be obtained.

mailto:[email protected]

http://www.carvalhorealestate.com/



CMA: Mapping

Map of Subject And Comparable Properties

Legend

Active Sold Pending Temporary Off Market Cancelled

Expired

Subject: 1402 E GUADALUPE RD 217 217 Tempe AZ 85283

1. 1402 E GUADALUPE RD 229 229, Tempe AZ 85283 (5129724, 0.04m)





CMA: Subject Property

Subject Property Description

Address 1402 E GUADALUPE RD 217 217

Tempe, AZ 85283

# Bedrooms 2

# Bathrooms 2.00

Approx SQFT 1065.00

Approx Lot SqFt 1000.00

Year Built 1986



CMA: Subject and Comparable Properties

Subject 5129724 5125969 5078983


217

Tempe AZ 85283


Tempe AZ


Tempe AZ


Tempe AZ

Distance From Subject 0.04 0.02 0.08

List Price $118,000 $119,900 $121,900

Original List Price $118,000 $119,900 $121,900

Sold Price $121,900

Status Active UCB (Under Contract-

Backups)

Sold

Status Date 06/12/2014 07/04/2014 03/04/2014

Agent Days on Market 26 33 0

Cumulative Days on

Market

26 33 0

# Bedrooms 2 2 2 2

# Bathrooms 2.00 2.00 2.00 2.00

Approx SQFT 1065.00 1,065 1,065 1,112

Approx Lot SqFt 1000.00 999.00 1118.00 1130.00

Year Built 1986 1985 1984 1986

Price $117,900 $118,000 $119,900 $121,900



CMA: Statistical Summary

Price Analysis

Summary of Closed Listings

MLS # Address List

Price

ADOM CDOM Encoded

Features

Approx

SQFT

Price

per

Approx

SQFT

Sold Date Sold

Price

Total

Adjusts

Adjusted

Price

5078983 1402 E

GUADALUPE

RD 115,

Tempe AZ

$121,900 0 0 22FRD1C 1,112 $109.62 03/04/2014 $121,900 - $121,900

Summary of Active Listings

MLS # Address Orig.

List

Price

ADOM CDOM Encoded

Features

Approx

SQFT

Price per

Approx

SQFT

List

Price

Total

Adjusts

Adjusted

Price

5129724 1402 E GUADALUPE

RD 229, Tempe AZ

$118,000 26 26 22R1C1S 1,065 $110.80 $118,000 - $118,000

Summary of UCB (Under Contract-Backups) Listings

MLS # Address Orig.

List

Price

ADOM CDOM Encoded

Features

Approx

SQFT

Price per

Approx

SQFT

List

Price

Total

Adjusts

Adjusted

Price

5125969 1402 E GUADALUPE

RD 131, Tempe AZ

$119,900 33 33 22R1C1S 1,065 $112.58 $119,900 - $119,900

Low, Average, Median, and High Comparisons

Closed Active UCB (Under Contract-Backups) Overall

Low $121,900 $118,000 $119,900 $118,000

Average $121,900 $118,000 $119,900 $119,933

Median $121,900 $118,000 $119,900 $119,900

High $121,900 $118,000 $119,900 $121,900

Overall Market Analysis (Unadjusted)

Status # List

Vol.

Avg.

List

Price

Sold

Vol.

Avg.

Sold

Price

Avg.

Sale/List

Price

Avg.

Approx

SQFT

Avg. List

$/Approx

SQFT

Avg. Sold

$/Approx

SQFT

Avg.

ADOM

Avg.

CDOM

Closed 1 121,900 121,900 121,900 121,900 1.00 1,112 109.62 109.62 0 0

Active 1 118,000 118,000 0 0 0.00 1,065 110.80 0.00 26 26

UCB (Under

Contract-

Backups)

1 119,900 119,900 0 0 0.00 1,065 112.58 0.00 33 33

Overall 3 359,800 119,933 121,900 121,900 1.00 1,081 111.00 109.62 20 20



CMA: Listing Price Recommendation

Listing Price Recommendation

Low $117,900

High $121,900

Recommended $120,000



Client Report (1) 1402 E GUADALUPE RD 229 Tempe, AZ 85283 $118,000

5129724 Residential Apartment Style/Flat Active

Beds/Baths: 2 / 2

Bedrooms Plus: 2

Approx SqFt: 1,065 / County

Assessor

Price/SqFt: $110.8

Year Built: 1985

Pool: Community

Encoded Features: 22R1C1S

Exterior Stories: 2

# of Interior Levels: 1

Dwelling Type: Apartment

Style/Flat

Dwelling Styles: Attached

Approx Lot SqFt: 999 / County Assessor

Apx Lot Size Range: 1 - 7,500

Subdivision: La Tierra

Tax Municipality: Tempe

Marketing Name:

Planned Cmty Name:

Model:

Builder Name: unknow n

Hun Block:

Map Code/Grid: S37

Bldg Number:

Ele Sch Dist: 003 - Tempe

School District

Elementary School: Rover

Jr. High School: Fees

High School Dist #: 213 - Tempe Union High

School District

High School: Marcos De Niza

Cross Streets: Guadalupe and McClintock Directions: West on Guadalupe to property on North side of road. From La Tierra entrance, unit

is in f irst building straight ahead on right (#5).

Public Remarks: Beautifully upgraded condo in great Tempe location! Perfect ow ner/occupant, 2nd home or investment opportunity. New

high-end cabinets, stainless steel appliances, custom paint, and new er counters, f looring, plumbing and lighting f ixtures. Washer, dryer and

refrigerator included! Just minutes from ASU, Sky Harbor Airport, 101, 60 and I-10. End unit w ith tw o assigned parking spaces (1 covered

and 1 uncovered). Amenities include community pool/spa, f itness center, and beautiful green space.

Features Room Details Construction & Utilities County, Tax and Financing

Approx SqFt Range: 1,000 -

1,200

Garage Spaces: 0

Carport Spaces: 1

Total Covered Spaces: 1

Slab Parking Spaces: 1

Parking Features: Assigned

Parking

Pool - Private: No Pool

Spa: None

Horses: N

Fireplace: No Fireplace

Property Description: Corner

Lot

Landscaping: None

Exterior Features:

Balcony/Deck(s)

Features: No Interior Steps

Community Features:

Biking/Walking Path; Children's

Playgrnd; Clubhouse/Rec Room;

Community Pool; Community Spa

Htd; Workout Facility

Flooring: Carpet; Laminate

Kitchen Features: Range/Oven

Elec; Disposal; Dishw asher;

Refrigerator

Master Bathroom: Full Bth

Master Bdrm

Additional Bedroom: Mstr Bdr

Walkin Clst

Laundry: Washer Included; Dryer

Included; Stacked Washer/Dryer;

Inside Laundry

Dining Area: Breakfast Bar;

Breakfast Room

Basement Y/N: N

Sep Den/Office Y/N: N

Items Updated: Kitchen Yr

Updated: 2009; Kitchen Partial/Full:

Full

Building Style: Clustered

Unit Style: Tw o Levels; Neighbor

Below ; End Unit

Const - Finish: Painted; Stucco

Construction: Frame - Wood

Roofing: All Tile

Fencing: None

Cooling: Refrigeration

Heating: Electric Heat

Plumbing: Electric Hot Wtr Htr

Utilities: SRP

Water: City Water

Sewer: Sew er - Public

Services: City Services

Technology: Cable TV Avail;

HighSpd Intrnt Aval

Energy/Green Feature: Ceiling

Fan(s)

County Code: Maricopa

Legal Subdivision: LA TIERRA

CONDOMINIUMS

AN: 301-96-229

Lot Number: 229

Town-Range-Section: 1S-4E-2

Cty Bk&Pg:

Plat:

Taxes/Yr: $701/2013

Ownership: Fee Simple

New Financing: Cash; VA;

Conventional

Total Asum Mnth Pmts: $0

Down Payment: $0

Existing 1st Loan: Treat as

Free&Clear

Existing 1st Ln Trms:

Disclosures: None

Possession: By Agreement

Fees & Homeowner Association Information

HOA Y/N: Y / $175 / Monthly

HOA Transfer Fee: $375HOA Name: First Serv. Residen. HOA Telephone: 480-551-4300

HOA 2 Y/N: N / /

HOA 3 Y/N: / /



Association Fee Incl: Exterior Mnt of Unit; Roof Repair; Roof

Replacement; Blanket Ins Policy; Water; Sew er; Garbage Collection;

Common Area Maint; Street Maint

Assoc Rules/Info: Pets OK (See Rmrks); Rental OK (See Rmks);

Prof Managed

Rec Center Fee Y/N: N / /

Rec Center Fee 2 Y/N: N / /

Land Lease Fee Y/N: N / /

PAD Fee Y/N: N / /

Ttl Mthly Fee Equiv: $175

Cap Imprv/Impact Fee: $ 0 $

Cap Impv/Impt Fee 2:$0 $

Listing Dates Pricing and Sale Info Listing Contract Info

CDOM/ADOM: 26 / 26

Status Change Date: 06/12/2014

List Price: $118,000 Special Listing Cond: N/A

Listed by: West USA Realty (w usa06)



MLS #: 5129724

Prepared by MarkCarvalho

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7/8/2014 3:30PM

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5125969 ResidentialApartmentStyle/Flat

UCB (Under Contract-Backups)

Beds/Baths: 2 / 2

Bedrooms Plus: 2


Assessor

Price/SqFt: $112.58

Year Built: 1984

Pool: Community

Encoded Features: 22R1C1S

Exterior Stories: 1



Style/Flat


Approx Lot SqFt: 1,118 / County Assessor


Subdivision: La Tierra Condominiums


Marketing Name:

Planned Cmty Name:

Model:

Builder Name: Unknow n

Hun Block:

Map Code/Grid: S37

Bldg Number:


School District




School District


Cross Streets: McClintock and Guadalupe Directions: West on Guadalupe to property on North side of road. Unit is on the SE corner of

the development in Bldg. 6.

Public Remarks: Location, Location, Location! Great ow ner/occupant, 2nd home, or investment opportunity. Latest style w ood look tile and

new carpet. New cabinets, counters, door hardw are, lighting f ixtures and paint! Ground level, end unit w ith patio and tw o assigned parking

spaces (1 covered). Just minutes from ASU, Sky Harbor Airport, 101, 60 and I-10. Amenities include community pool/spa, f itness center, &

beautiful green space. Don't miss this one--you w on't be disappointed!



1,200

Garage Spaces: 0

Carport Spaces: 1




Parking; Community Structure


Spa: None

Horses: N


Property Description: Corner

Lot

Landscaping: None

Exterior Features: Covered

Patio(s)

Features: No Interior Steps

Community Features:

Biking/Walking Path; Children's

Playgrnd; Clubhouse/Rec Room;

Community Pool; Community Spa


Flooring: Carpet; Tile

Kitchen Features: Range/Oven

Elec; Disposal; Dishw asher;

Refrigerator


Master Bdrm


Walkin Clst


Included; Inside Laundry

Dining Area: Eat-in Kitchen;

Breakfast Bar

Basement Y/N: N


Items Updated: Floor Yr

Updated: 2014; Floor Partial/Full:

Full; Kitchen Yr Updated: 2014;

Kitchen Partial/Full: Full

Unit Style: Tw o Common Walls;

Neighbor Above; End Unit; Ground

Level



Roofing: All Tile

Fencing: None



Utilities: SRP

Water: City Water


Services: City Services


HighSpd Intrnt Aval

Energy/Green Feature: Ceiling

Fan(s)



CONDOMINIUMS

AN: 301-96-171

Lot Number: 131


Cty Bk&Pg:

Plat:

Taxes/Yr: $791/2013


New Financing: Cash; VA;

Conventional


Down Payment: $0


Free&Clear


Disclosures: Seller Disc Avail

Possession: By Agreement



HOA Transfer Fee: $375HOA Name: First Service Resid. HOA Telephone: 480-551-4300

HOA 2 Y/N: N / /

HOA 3 Y/N: / /

Association Fee Incl: Exterior Mnt of Unit; Roof Repair; Roof Rec Center Fee Y/N: N / / Ttl Mthly Fee Equiv: $176




Common Area Maint


Clubhouse/Rec Center; Prof Managed



PAD Fee Y/N: N / /




CDOM/ADOM: 33 / 33


List Price: $119,900 Special Listing Cond: N/A

Listed by: West USA Realty (w usa06)




5078983 Residential Apartment Style/Flat Closed

Beds/Baths: 2 / 2

Bedrooms Plus: 2


Assessor

Price/SqFt: $109.62

Year Built: 1986

Pool: Community

Encoded Features: 22FRD1C

Exterior Stories: 1



Style/Flat


Approx Lot SqFt: 1,130 / County Assessor


Subdivision: LA TIERRA CONDOMINIUMS


Marketing Name:

Planned Cmty Name:

Model:

Builder Name: Unknow n

Hun Block:

Map Code/Grid: S37

Bldg Number:


School District




School District


Cross Streets: Guadalupe and McClintock Directions: West on Guadalupe from McClintock. North into condos just past Juniper.

Public Remarks: Low er level plan in La Tierra featuring 2 bedrooms and 2 full baths. This is a great opportunity to buy your f irst home or

investment property. Super Tempe location this condo is conveniently located to freew ays, ASU, shopping, dining, and more and has

community pool, club house w ith f itness,BBQ, Ramada and beautiful grounds w ith Mature trees and green grass.



1,200

Garage Spaces: 0

Carport Spaces: 1




Parking


Spa: None

Horses: N


Landscaping: Grass Front

Exterior Features: Patio;

Covered Patio(s)

Community Features:

Biking/Walking Path;

Clubhouse/Rec Room; Community

Pool; Community Pool Htd;

Community Spa; Community Spa


Flooring: Carpet; Laminate; Tile

Kitchen Features: Cook Top

Elec; Dishw asher; Built-in

Microw ave; Refrigerator; Granite

Countertops


Master Bdrm


Walkin Clst


Included; Stacked Washer/Dryer;

Inside Laundry

Dining Area: Formal; Breakfast

Bar

Basement Y/N: N


Other Rooms: Family Room



Roofing: All Tile; Concrete

Fencing: None



Utilities: SRP

Water: City Water



HighSpd Intrnt Aval



CONDOMINIUMS

AN: 301-96-155

Lot Number: 115


Cty Bk&Pg:

Plat:

Taxes/Yr: $728.1/2013


New Financing: Cash;

Conventional


Down Payment: $0


Free&Clear


Disclosures: Seller Disc Avail;

Agency Discl Req

Possession: Close of Escrow



HOA Transfer Fee: $400HOA Name: Rossmar & Graham HOA Telephone: 469-551-5300

HOA 2 Y/N: N / /

HOA 3 Y/N: / /

Association Fee Incl: Exterior Mnt of Unit; Roof Repair; Roof


Front Yard Maint; Common Area Maint


Prof Managed

Rec Center Fee Y/N: N / /



PAD Fee Y/N: N / /

Ttl Mthly Fee Equiv: $176






CDOM/ADOM: 0 / 0


Close of Escrow Date: 03/04/2014

Off Market Date: 03/04/2014

List Price: $121,900

Sold Price: $121,900

Sold Price/SqFt: $109.62

Loan Type: Cash

Loan Years: 0

Payment Type: Other

Buyr Concess to Sell: 0 $

Sellr Concess to Buy: 0 $

Closing Cost Split: Normal - N

Special Listing Cond: N/A

Listed by: Keller Williams Northeast Realty (kw ne01)

la tierra unit 217 tempe, az - $117,990

Documents

tempe az1402 e guadalupe

2014for1402 e guadalupe

e guadaluperd

tempe azdistance

approx sqft

08m782014 flexmls webhttp

approx lot sqft

summary of active listingsmls