2802 E CAMINO ACEQUIA Drive, 78, Phoenix, AZ 85016
$849,500
Property Type:
Residential
Bedrooms:
2
Baths:
2
Square Footage:
1,628
Lot Size (sq. ft.):
1,585
Status:
Closed
Current Price:
$835,000
Last Modified:
5/19/2022
Description
Incredible opportunity to own AZ Biltmore Hotel Villa that has option to participate in shared hotel rental pool income. 3rd floor penthouse suite has extended ceiling heights and overlooks the golf course with incredible views of Camelback Mountain & Phx Mountain Preserve. Elevator access to the PH suite that has two private master suites with patios, a large living room w/fireplace is open to the kitchen and dining area. Access to the hotel's many amenities including a completely renovated Spa & Fitness center to be completed 2020/2021 with Biltmore Hotel planned reopening 3/1/21. 2019 income grossed approximately $100k with owner netting 50%. If in the rental pool the owner can use up to 60 days personal use per year.
More Information MLS# 6162300
Contract Information
Status Change Date: 2021-02-25
Sold Price: $835,000
Status: Closed
Current Price: $835,000
List Date: 2020-11-19
Type: ER
Ownership: Fee Simple
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Comp to Buyer Broker: 2.5
Variable Commission: N
Location, Tax & Legal
Map Code/Grid: N35
House Number: 2802
Compass: E
Street Name: CAMINO ACEQUIA
St Suffix: Drive
Unit #: 78
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85016
Country: USA
County Code: Maricopa
Assessor's Map #: 68
Assessor's Parcel #: 648
Assessor Number: 164-68-648
Legal Description (Abbrev): LOT 59 ARIZONA BILTMORE HOTEL VILLAS CONDOMINIUMS 3 AMD MCR 040621
Subdivision: ARIZONA BILTMORE HOTEL VILLAS CONDOMINIUMS 3 AMD
Tax Municipality: Phoenix
Taxes: 8430
Tax Year: 2020
General Property Description
Dwelling Type: Apartment Style/Flat
Dwelling Styles: Stacked
Exterior Stories: 3
# of Interior Levels: 1
# Bedrooms: 2
# Bathrooms: 2
Approx SQFT: 1628
Price/SqFt: 512.9
Horses: N
Builder Name: Desert Jewel Homes
Year Built: 1997
Approx Lot SqFt: 1585
Approx Lot Acres: 0.036
Pool: Community Only
Elementary School: Madison Elementary School
Jr. High School: Madison Elementary School
High School: Camelback High School
Elementary School District: Madison Elementary District
High School District: Phoenix Union High School District
Remarks & Misc
Cross Street: 24th & Missouri
Directions: Follow Thunderbird Trail to stop sign. Right at stop then left on Missouri, immediate right to complex. Continue to end of parking area, Unit 7368 & 7369. Park across from parking spaces 25 & 26
Geo Lat: 33.522691
Geo Lon: -112.018841
Status Change Info
Off Market Date: 2021-02-25
Under Contract Date: 2021-02-05
Close of Escrow Date: 2021-02-25
Sold Price: $835,000
Legal Info
Township: 2N
Range: 3E
Section: 14
Lot Number: 78
Association & Fees
HOA Y/N: Y
HOA Fee: 2810
HOA Paid Frequency: Quarterly
HOA Name: AAM, LLC
HOA Telephone: 602-957-9191
HOA 2 Y/N: N
PAD Fee Y/N: N
Cap Improvement/Impact Fee $/%: $
Cap Improvement/Impact Fee 2 $/%: $
Land Lease Fee Y/N: N
Rec Center Fee Y/N: N
Ttl Mthly Fee Equiv: 936.67
Basement
Basement Y/N: N
Separate Den/Office
Sep Den/Office Y/N: N
Parking Spaces
Slab Parking Spaces: 1
Sold Info
Loan Type: Other
Payment Type: Other
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Special Listing Cond: N/A
Add'l Property Use: None
Architecture: Contemporary
Building Style: Clustered
Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Sinks; Private Toilet Room
Master Bedroom: Split
Additional Bedroom: Other Bedroom Split; 2 Master Bedrooms; Separate Bedroom Exit; Master Bedroom Walk-in Closet
Fireplace: 1 Fireplace; Fireplace Living Rm; Gas Fireplace
Flooring: Carpet; Tile
Pool Features: No Pool
Spa: None
Community Features: Biking/Walking Path; Clubhouse/Rec Room; Comm Tennis Court(s); Community Pool; Community Pool Htd; Community Spa; Community Spa Htd; Gated Community; Golf Course; Workout Facility
Dining Area: Breakfast Bar; Dining in LR/GR
Kitchen Features: Range/Oven Elec; Cook Top Elec; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Granite Countertops
Laundry: Washer Included; Dryer Included; Inside
Other Rooms: Great Room
Features: 9+ Flat Ceilings; Fire Sprinklers; Elevator; No Interior Steps; Furnished(See Rmrks)
Technology: 3+ Exist Tele Lines; Cable TV Avail; High Speed Internet Available
Exterior Features: Covered Patio(s); Patio
Construction: Frame - Wood
Const - Finish: Stucco; Stone
Roofing: Built-Up
Cooling: Refrigeration; Ceiling Fan(s); Programmable Thmstat
Heating: Electric
Plumbing: Electric Hot Wtr Htr
Energy/Green Feature: Multi-Zones
Utilities: SRP; SW Gas
Water: City Water
Sewer: Sewer - Public
Services: City Services
Fencing: Wrought Iron
Property Description: Golf Course Lot; Mountain View(s)
Landscaping: Desert Front; Grass Back
Lockbox Type: Supra (ARMLS)
Possession: Close of Escrow
Unit Style: All on One Level; One Common Wall; Neighbor Below; End Unit
Association Fee Incl: Exterior Mnt of Unit; Roof Repair; Roof Replacement; Blanket Ins Policy; Water; Garbage Collection; Cable or Satellite; Front Yard Maint; Common Area Maint; Street Maint
Assoc Rules/Info: Rental OK (See Rmks); Prof Managed
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Trms: Non Assumable
New Financing: Conventional
Disclosures: Seller Discl Avail; Agency Discl Req
Listing Office: Realty Executives
Last Updated: May - 19 - 2022
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