Owner
$981,456
20462 S 188TH PL, QUEEN CREEK, AZ
Quick Facts
owner occupied
Yes
vacant
No
corporate owner
No
beds
0
baths
5
sq. ft.
3,004
property type
Single Family Residential
hoa
Yes
About
Residential
Living Area
1 Story
Forced Air Unit
Pool (Yes)
Refrigeration
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
2022
Building Size
3,004 sq ft
Lot Size
17,058 sq ft
Lot Size (Acres)
0.39 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
314-14-750
County
Maricopa County, Arizona
Metro Area
Phoenix-Mesa-Chandler, AZ
Zoning
R19
Neighborhood/Subdivision
LEGADO PARCEL C
Lot Number
52
School District
Queen Creek Unified District
Legal Description
LEGADO PARCEL C MCR 1499-04
Tax & Value Information
Market Value (Total)
$744,200
Building Value
$595,400
Land Value
$148,800
Annual Property Tax
$3,018
Tax Assessment Year
2024
Assessed Value
$33,231
Last Assessment Year
2025
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
8/22/2022
Recording Date
8/26/2022
Sales Document #
2022.670969
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$37,977
Return on Investment
15.60%
After Repair Value
$1,079,602
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details
Purchase Price
$883,310
Renovation Cost
$49,073
Closing Costs (buying)
$17,666
Holding Costs
$26,799
Selling Costs
$64,776
Total Investment
$243,401
After Repair Value (ARV)
$1,079,602
Total Costs
$1,041,624
Estimated Profit
$37,977
Cash Invested
$225,735
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area