$125,000
Phoenix, AZ 85032
MLS# 7016285
2 beds | 1 baths
1 / 1
Property Description
2 bed / 1 bath condo. Great investment property for investors. Close to 101/FRWY AND SR 51 Minutes from Desert ridge Market Place This complex offers amenities like a pool, Lush Landscaping. Close to shopping and dining. Tenant in place. Current rent $1200/mo. with room to raise rent. month to month lease. Cash only, 1031 exchange or creative financing .
Details
Maps
Contract Information
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
List Price: $125,000
Status: Active
Current Price: $125,000
List Date: 2026-04-18
Location, Tax & Legal
Unit #: 240
Assessor's Map #: 7
Legal Description (Abbrev): LOT 240 MOUNTAIN SPRINGS TERRACE CONDOMINIUM MCR 033448
Assessor's Parcel #: 144
Tax Municipality: Phoenix
Taxes: 240
House Number: 18202
Compass: N
Street Name: CAVE CREEK
St Suffix: Road
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85032
Zip4: 1075
Country: US
County Code: Maricopa
Assessor Number: 214-07-144
Subdivision: MOUNTAIN SPRINGS TERRACE CONDOMINIUM
Tax Year: 2025
General Property Description
Dwelling Styles: Stacked
# of Interior Levels: 1
Full Bathrooms: 1
Half Bathrooms: 0
Approx SQFT: 836
Price/SqFt: 149.52
Approx Lot SqFt: 85
Approx Lot Acres: 0
Flood Zone: No
Horses: N
Builder Name: unknown
Elementary School District: Paradise Valley Unified District
High School District: Paradise Valley Unified District
Elementary School: Campo Bello Elementary School
Jr. High School: Palomino Intermediate School
High School: Paradise Valley High School
Community Pool Y/N: Yes
Private Pool Y/N: No
Fireplace YN: No
Dwelling Type: Apartment
Exterior Stories: 1
# Bedrooms: 2
Total Bathrooms: 1
Year Built: 1983
Legal Info
Range: 3E
Section: 34
Township: 4N
Lot Number: 240
Special Listing Cond
N/A: 1
Construction
Wood Frame: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Built-Up: 1
Association & Fees
HOA Y/N: Y
HOA Disclosure/Addendum Affirmation: No
HOA Transfer Fee: 400
HOA Fee: 375
HOA Paid Frequency: Monthly
HOA Name: Peterson Group
HOA Telephone: 480-513-6846
HOA Management Phone: 480-513-6846
Special Assessment HOA: No
HOA 2 Y/N: N
PAD Fee Y/N: N
Cap Improvement/Impact Fee: 0
Cap Improvement/Impact Fee $/%: $
Prepaid Association Fees HOA: 0
Disclosure Fees HOA: 0
Other Fees HOA: 0
Com Facilities Distr: N
Land Lease Fee Y/N: N
Rec Center Fee Y/N: N
Ttl Mthly Fee Equiv: 375
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
Combo: 1
Architecture
Other: 1
Building Style
Clustered: 1
Master Bathroom
3/4 Bath Master Bdrm: 1
None: 1
Master Bedroom
Not Split: 1
Add'l Property Use
Other: 1
Flooring
Laminate: 1
Wood: 1
Window Features
Solar Screens: 1
Community Features
Coin-Op Laundry: 1
Community Laundry: 1
Near Bus Stop: 1
Dining Area
Eat-in Kitchen: 1
Heating
Electric: 1
Kitchen Features
Dishwasher: 1
Disposal: 1
Electric Oven: 1
Electric Range: 1
Refrigerator: 1
Cooling
Central Air: 1
Laundry
None: 1
Basement
Basement Y/N: N
Separate Den/Office
Sep Den/Office Y/N: N
Road Access Type
Private Road: 1
Road Surface Type
Asphalt: 1
Road Responsibility
Private Maintained Road: 1
Technology
Cable TV Avail: 1
High Speed Internet: 1
Fencing
None: 1
Water Source
City Water: 1
Community Pool Features
Outdoor: 1
Spa
None: 1
Sewer
Sewer - Public: 1
Parking Spaces
Slab Parking Spaces: 0
Total Covered Spaces: 1
Carport Spaces: 1
Parking Features
Assigned Parking: 1
Permit/Decal Req'd: 1
Attached Carport: 1
New Financing
Cash: 1
VA: 1
FHA: 1
1031 Exchange: 1
Plumbing
Electric Hot Wtr Htr: 1
Utilities
APS: 1
Existing 1st Loan
Treat as Free&Clear: 1
Landscaping
None: 1
Services
City Services: 1
Unit Style
All on One Level: 1
Disclosures
Seller Discl Avail: 1
Agency Discl Req: 1
Possession
Close of Escrow: 1
Association Fee Incl
Exterior Mnt of Unit: 1
Roof Replacement: 1
Blanket Ins Policy: 1
Sewer: 1
Garbage Collection: 1
Pest Control: 1
Front Yard Maint: 1
Common Area Maint: 1
Assoc Rules/Info
Pets OK (See Rmrks): 1
Rental OK (See Rmks): 1
Prof Managed: 1
Remarks Misc
Cross Street: CAVE CREEK / UNION HILLS
Directions: From101 loop go south on Cave Creek past Union Hills to Michigan Ave. Complex is on the northwest corner of cave Creek and Michigan Ave.
Geo Lat: 33.651526
Geo Lon: -112.031778
Property Features
Special Listing Cond: N/A
Add'l Property Use: Other
Architecture: Other
Building Style: Clustered
Master Bathroom: 3/4 Bath Master Bdrm; None
Master Bedroom: Not Split
Flooring: Laminate; Wood
Window Features: Solar Screens
Community Pool Features: Outdoor
Spa: None
Community Features: Coin-Op Laundry; Community Laundry; Near Bus Stop
Dining Area: Eat-in Kitchen
Kitchen Features: Electric Oven; Electric Range; Disposal; Dishwasher; Refrigerator
Laundry: None
Technology: Cable TV Avail; High Speed Internet
Parking Features: Assigned Parking; Attached Carport; Permit/Decal Req'd
Road Access Type: Private Road
Road Surface Type: Asphalt
Road Responsibility: Private Maintained Road
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Built-Up
Cooling: Central Air
Heating: Electric
Plumbing: Electric Hot Wtr Htr
Utilities: APS
Water Source: City Water
Sewer: Sewer - Public
Services: City Services
Fencing: None
Landscaping: None
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: Combo
Possession: Close of Escrow
Unit Style: All on One Level
Association Fee Incl: Exterior Mnt of Unit; Roof Replacement; Blanket Ins Policy; Sewer; Garbage Collection; Pest Control; Front Yard Maint; Common Area Maint
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; VA; FHA; 1031 Exchange
Disclosures: Seller Discl Avail; Agency Discl Req
Listing Office: Regent Goldstar Real Estate
Last Updated: April - 25 - 2026
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