Seller's Agent in 2021
Sophia Baron
Grace CRE
(480) 375-0227
4 in this area
86 Total Sales
10034 N 18th Ave Phoenix, AZ 85021
North Mountain Village NeighborhoodEstimated Value: $381,667 - $796,000
--
Bed
--
Bath
1,888
Sq Ft
$260/Sq Ft
Est. Value
Highlights
- Cooling Available
- Ceramic Tile Flooring
- Heating Available
- Sunnyslope High School Rated A
About This Home
As of September 2021Welcome to Eight at Skycrest. Super rare all large two bedroom two bath units! Nice central Phoenix location close to the I17 freeway. This property is a portfolio of duplex's. 10044A 10044B 10033A 10033B all separately parceled and can residential financing or commercial but must be sold together. $350,000 per building for the total price of portfolio of $1,400,000.
Roofs and Central air conditioners were replaced in 2017. property has been remodeled inside all units about 8 to 10 years ago. Market rents are 1200 to 1300. Current leases only 800 with two units discounted to 625 each for onsite manager and landscaper. Owner managed. Leased laundry onsite. Covered parking. All facts and figures are approximate buyer verify MLS information. Drive by only tenants are unaware of the sale. Viewing during inspection only no walk throughs. Once rents raised property will preform over 6. cap on proforma
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,076
Year Built
- Built in 1961
Lot Details
- 6,403
Home Design
- Composition Roof
- Block Exterior
Parking
- 16 Parking Spaces
- 8 Covered Spaces
Utilities
- Cooling Available
- Heating Available
- Master Water Meter
Additional Features
- Ceramic Tile Flooring
- Additional Parcels
Listing and Financial Details
- Tenant pays for electricity
- The owner pays for trash collection, water, sewer, landscaping
- Tax Lot 165
- Assessor Parcel Number 158-38-001
Community Details
Overview
- 4 Buildings
- 8 Units
- Building Dimensions are 4 parcels
- Skycrest 2 Subdivision
Building Details
- Operating Expense $22,576
- Gross Income $118,776
- Net Operating Income $96,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 18, 2023
Sold by
Sunnyside Rentals Llc
Bought by
Phoenix Apartment Management Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$835,000
Outstanding Balance
$821,817
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
-$331,150
Purchase Details
Closed on
Dec 5, 2023
Sold by
Sunnyside Rentals Llc
Bought by
Phoenix Apartment Management Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$835,000
Outstanding Balance
$821,817
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
-$331,150
Purchase Details
Listed on
Jul 29, 2021
Closed on
Sep 29, 2021
Sold by
Jennings Thurston J
Bought by
Sunnyside Rentals Llc
Seller's Agent
Sophia Baron
Grace CRE
Buyer's Agent
Camille Swanson
Fathom Realty Elite
List Price
$1,400,000
Sold Price
$1,400,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-22.81%
Original Mortgage
$262,500
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 29, 2021
Closed on
Sep 14, 2021
Sold by
Jennings Edith Dolly
Bought by
Jennings V Thurston J
Seller's Agent
Sophia Baron
Grace CRE
Buyer's Agent
Camille Swanson
Fathom Realty Elite
List Price
$1,400,000
Sold Price
$1,400,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 29, 2021
Closed on
Sep 12, 2021
Sold by
Wety Llc
Bought by
Jennings Thurston J
Seller's Agent
Sophia Baron
Grace CRE
Buyer's Agent
Camille Swanson
Fathom Realty Elite
List Price
$1,400,000
Sold Price
$1,400,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 12, 2019
Sold by
Jowest Llc
Bought by
Wety Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 18, 2010
Sold by
Bij Llc
Bought by
Jowest Llc
Purchase Details
Closed on
Aug 29, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Bij Llc
Purchase Details
Closed on
Jun 1, 2010
Sold by
Rangel Richard
Bought by
Federal Home Loan Mortgage Corp
Purchase Details
Closed on
Nov 30, 2009
Sold by
Rangel Richard
Bought by
Rangel Richard and Lopez Raul Nava
Purchase Details
Closed on
Feb 26, 2008
Sold by
Amenero Jose
Bought by
Rangel Richard
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
5.41%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 15, 2004
Sold by
Holub George and Holub Emily
Bought by
Amenero Jose
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,600
Interest Rate
5.79%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 19, 2003
Sold by
Allen Theodore O
Bought by
Holub George and Holub Emily
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
6.5%
Mortgage Type
Commercial
Purchase Details
Closed on
May 13, 2002
Sold by
Balestrieri Mario O and The Mario A Balestrieri Trust
Bought by
Allen Theodore O
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,820
Interest Rate
10.38%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 5, 2000
Sold by
Johnson Ruth P and Koshiniski Herbert W
Bought by
Balestrieri Mario A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
8.19%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Phoenix Apartment Management Llc | $1,645,000 | Pioneer Title Services | |
| Phoenix Apartment Management Llc | $1,645,000 | Pioneer Title Services | |
| Sunnyside Rentals Llc | -- | Accommodation | |
| Jennings V Thurston J | $350,000 | Security Title Agency Inc | |
| Jennings Thurston J | $350,000 | Security Title Agency Inc | |
| Wety Llc | $335,000 | Chicago Title Agency | |
| Jowest Llc | -- | None Available | |
| Bij Llc | $30,000 | Great American Title Agency | |
| Federal Home Loan Mortgage Corp | $49,000 | Great American Title Agency | |
| Rangel Richard | $6,000 | None Available | |
| Rangel Richard | $240,000 | North American Title Co | |
| Amenero Jose | $183,250 | Capital Title Agency Inc | |
| Holub George | $141,250 | Stewart Title & Trust | |
| Allen Theodore O | $147,000 | American Title Ins Agency | |
| Balestrieri Mario A | $480,000 | Capital Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Phoenix Apartment Management Llc | $835,000 | |
| Closed | Phoenix Apartment Management Llc | $835,000 | |
| Previous Owner | Jennings V Thurston J | $262,500 | |
| Previous Owner | Wety Llc | $335,000 | |
| Previous Owner | Rangel Richard | $192,000 | |
| Previous Owner | Amenero Jose | $146,600 | |
| Previous Owner | Holub George | $113,000 | |
| Previous Owner | Allen Theodore O | $109,820 | |
| Previous Owner | Balestrieri Mario A | $135,000 | |
| Closed | Holub George | $14,125 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/15/2021 09/15/21 | Sold | $1,400,000 | 0.0% | $742 / Sq Ft |
| 07/29/2021 07/29/21 | For Sale | $1,400,000 | -- | $742 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $812 | $6,636 | -- | -- |
| 2024 | $797 | $6,320 | -- | -- |
| 2023 | $797 | $20,960 | $4,150 | $16,810 |
| 2022 | $771 | $15,230 | $3,010 | $12,220 |
| 2021 | $781 | $13,860 | $2,740 | $11,120 |
| 2020 | $761 | $13,980 | $2,770 | $11,210 |
| 2019 | $747 | $11,510 | $2,280 | $9,230 |
| 2018 | $728 | $8,150 | $1,610 | $6,540 |
| 2017 | $724 | $7,900 | $1,560 | $6,340 |
| 2016 | $711 | $7,650 | $1,510 | $6,140 |
| 2015 | $658 | $9,360 | $1,850 | $7,510 |
Source: Public Records
Agents Affiliated with this Home
-
Sophia Baron
-
Joshua Willets
Seller Co-Listing Agent in 2021
Joshua Willets
Grace CRE
(561) 473-4477
4 in this area
31 Total Sales
-
Camille Swanson
Buyer's Agent in 2021
Camille Swanson
Fathom Realty Elite
(602) 810-1750
2 in this area
15 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6271329
APN: 158-38-004
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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