2025 March Issue of InMaricopa Magazine

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most expensive HOME SOLD

Previous sale: New build

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Over 500 Homes Sold in 5 years

When you factor in the time savings, reduced vacancies and higher rental income, the cost of hiring a professional is easily justified. At Crest Premier Property Management, we specialize in helping landlords like you streamline operations, maximize profitability, and expand your rental portfolio with ease. Let us handle the details so you can focus on growing your investments. Contact us today to see how we can help you scale your rental business efficiently and profitably!

5 ways professional property

Dayv Morgan ABR, CDPE, CSSPE OWNER, REALTOR ® �

M ANY LANDLORDS HESITATE TO hire a property manager, assuming it’s an unnecessary expense. However, professional property management is an investment that pays for itself — often many times over. Managing rental properties on your own may seem cost-effective, but consider the hidden expenses: longer vacancies, under-pricing, legal missteps and maintenance oversights. If your goal is to grow your rental portfolio, having a reliable property management team in place is one of the smartest business decisions you can make. A professional property manager: 1. Finds high-quality tenants faster. Landlords typically take two weeks longer to rent a property than a property management company. That’s lost income — often equivalent to half the cost of a full year of professional management. 2. Sets the optimal rental price. Many landlords unknowingly underprice their rentals, losing significant income over time. A property manager ensures competitive pricing backed by market data. 3. Reduces costly legal risks. Keeping up with tenant-landlord laws is essential. Falling out of compliance can lead to expensive fines, lawsuits or problematic tenants. 4. Handles repairs and maintenance efficiently. Property managers have established vendor relationships, securing better pricing and timely service that keeps tenants satisfied. 5. Ensures consistent cashflow. Rent collection, late fees and lease enforcement are professionally managed, reducing missed management can grow your rental portfolio BY SHERMAN AND EUPHEMIA WEEKES

654,990 $

37510 W. Nina Street

Jan. 30

payments and minimizing tenant issues. Self-managing properties requires time and energy — time that could be better spent expanding your investment portfolio, advancing your career or simply enjoying life. Do you really want to be on call 24/7 for tenant issues? Are you prepared to handle emergency repairs, legal disputes or lease enforcement? Property management is not as costly as many landlords assume. Fees typically are a small percentage of the monthly rent.

This four-bedroom, three-and-a-half-bathroom home opens to a grand hallway with access to the home office, bedrooms, laundry room and activity room. At the end of the hallway is the spacious living room, which is connected to the dining area and gourmet kitchen with stacked cabinetry, buffet-style counters, gas cooktop and dual ovens. A multi-sliding glass door leads to a covered patio that overlooks the backyard. The home sold for $3,100 above the asking price.

480-838-9558 crestpp@gmail.com CrestPPM.com 4625 S. Lakeshore Drive, Suite 300, Tempe

(480) 251-4231 • DayvMorgan@gmail.com MaricopaHomeSmart.com

Community: Rancho Mirage Square feet: 3,240 sqft. Price per square foot: $202.16

Builder: K. Hovnanian Homes Year built: 2024 Bedrooms: 4 Bathrooms: 3.5

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Maricopa resident since 2006

Lot size: 8,752 sqft. Days on market: 89

Wce He  Horizon at The Wells & Oasis at The Wells

2. 41160 W. Almira Drive, Glennwilde.......................................................................$650,000 3. 22335 N. Celtic Ave., Cobblestone Farms........................................................$630,000 4. 41670 W. Barcelona Drive, Glennwilde...............................................................$615,000 5. 18704 N. Cook Drive, Glennwilde.........................................................................$529,900

least expensive HOME SOLD

270,000 $

43762 W. Carey Drive

Jan. 17

$99 DEPOSIT!

When you walk into this three-bedroom, two-bathroom ranch home in Rancho El Dorado, you are greeted by an open living room with a bay window connected to the kitchen. Hardwood floors and granite countertops are accompanied by white walls. The home looks sleek and came unfurnished, so the buyers could add their own splash of creativity with the décor. It sold for $29,000 below the asking price.

Oasis: 1 bedroom – 680 Sq Ft: $694 – $1,079 2 bedroom – 906 Sq Ft: $846 - $1,309 3 bedroom – 1,152 Sq Ft: $976 - $1,511

Horizon: 1 Bedroom - 680 Sq Ft: $1,365 2 Bedroom - 987 Sq Ft: $1,565

41475 W. Shea Way Call (520) 635-4250 for more info and to schedule a tour!

Previous sale: $199,000 (2006)

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Community: Rancho El Dorado Square feet: 1,149 sqft. Price per square foot: $234.99 Lot size: 6,389 sqft.

Days on market: 90 Year built: 2002

Bedrooms: 3 Bathrooms: 2

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2. 42076 W. Miller Lane, Province......................................................................$274,000 3. 40018 W. Mary Lou Drive, Desert Passage.............................................$289,000 4. 44384 W. Caven Drive, The Villages at Rancho El Dorado.............$290,000 5. 47747 W. Cansados Road, Amarillo Creek...............................................$291,990

Source: MLS, Jan. 11 – Dec. 9

InMaricopa.com | March 2025

March 2025 | InMaricopa.com

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