$419,000
$419,000
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2 Beds
2 Baths
1,408 SqFt
SOLD DATE : 06/01/2021
Key Details
Sold Price $419,000
Property Type Condo
Sub Type Apartment Style/Flat
Listing Status Sold
Purchase Type For Sale
Square Footage 1,408 sqft
Price per Sqft $297
Subdivision Bella Monte At Desert Ridge Condominium Amd
MLS Listing ID 6187128
Sold Date 06/01/21
Style Contemporary
Bedrooms 2
HOA Fees $317/mo
HOA Y/N Yes
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 2007
Annual Tax Amount $2,435
Tax Year 2020
Lot Size 1,392 Sqft
Acres 0.03
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. 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.
Location
State AZ
County Maricopa
Community Bella Monte At Desert Ridge Condominium Amd
Direction 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.
Rooms
Other Rooms Family Room
Den/Bedroom Plus 2
Separate Den/Office N
Interior
Interior Features Breakfast Bar, 9+ Flat Ceilings, Furnished(See Rmrks), Fire Sprinklers, Pantry, 3/4 Bath Master Bdrm, Double Vanity, High Speed Internet, Granite Counters
Heating Electric
Cooling Refrigeration, Ceiling Fan(s)
Flooring Carpet, Tile, Wood
Fireplaces Type 1 Fireplace, Family Room
Fireplace Yes
Window Features Sunscreen(s)
SPA None
Exterior
Exterior Feature Balcony
Parking Features Dir Entry frm Garage, Electric Door Opener, Common
Garage Spaces 1.0
Garage Description 1.0
Fence Wrought Iron
Pool None
Landscape Description Irrigation Front
Community Features Gated Community, Community Spa Htd, Community Spa, Community Pool Htd, Community Pool, Concierge, Tennis Court(s), Biking/Walking Path, Clubhouse, Fitness Center
Utilities Available APS, SW Gas
Amenities Available Management, Rental OK (See Rmks)
Roof Type Tile
Private Pool No
Building
Lot Description Desert Front, Irrigation Front
Story 2
Builder Name TOWNE
Sewer Public Sewer
Water City Water
Architectural Style Contemporary
Structure Type Balcony
New Construction No
Schools
Elementary Schools Desert Trails Elementary School
Middle Schools Explorer Middle School
High Schools Pinnacle High School
School District Paradise Valley Unified District
Others
HOA Name Bella Monte
HOA Fee Include Sewer,Maintenance Grounds,Trash,Water,Roof Replacement,Maintenance Exterior
Senior Community No
Tax ID 212-39-393
Ownership Fee Simple
Acceptable Financing Cash, Conventional, 1031 Exchange, VA Loan
Horse Property N
Listing Terms Cash, Conventional, 1031 Exchange, VA Loan
Financing Conventional
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