NOT LISTED FOR SALE

1006 E Mohave St Phoenix, AZ 85034

Central City Neighborhood

Estimated Value: $338,602 - $574,000

8 Beds
4 Baths
2,500 Sq Ft
$196/Sq Ft Est. Value

Last Sold July 02, 2012

Last sale price $110,000 $44 Per Sq Ft

Est. 346% increase in value since last sale

Current estimated payment $2,799/month

46 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • Heating Available
  • Phoenix Coding Academy Rated A
  • Washer and Dryer

About This Home

As of July 2012

Attention Investors!! Great Duplex Property 100% occupied with Great Tenants with valid leases.. Each unit is rented out for $750 per month & always on time. Yes, this Investment property does CASH FLOW and Landlord expenses are only Insurance & Taxes, Both units have been remodeled and updated so they are in EXCELLENT CONDITION This is not a Short Sale or Foreclosure. All we need is an offer. Quick Closing is Available!! This Duplex is in Excellent Condition, with Great Tenants, No Maintenance, Very Little Expenses... Bring us an Offer!!

Last Listed By

Lawrence Zoma

Realty ONE Group License #SA628429000 Listed on: 05/09/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $774

Year Built

  • Built in 2005

Lot Details

  • 6,752

Home Design

  • Wood Frame Construction
  • Composition Shingle Roof
  • Stucco

Kitchen

  • Oven or Range
  • Free-Standing Electric Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Painted or Stained Flooring
  • Carpet
  • Vinyl

Laundry

  • Washer and Dryer

Parking

  • Over 1 Space Per Unit
  • Paved Parking

Utilities

  • Central Air
  • Heating Available

Community Details

  • $1,626 per year Dock Fee
  • 2 Units
  • Building Dimensions are 6,769

Listing and Financial Details

  • Tenant pays for electric, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$774

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Tax Municipality: Phoenix
  • Appliances Included: Dishwasher, Disposal, F/S Oven/Range, Refrigerator, W/D Hookup, Washer/Dryer
  • Construction Finish: Painted, Stucco
  • Cross Street: 10th St. & Mohave
  • Floors: Carpet, Vinyl, Wood
  • Legal Info Lot Number: 20
  • Legal Info Range: 3E
  • Legal Info Section: 16
  • Legal Info Township: 1N
  • Roads Streets: Concrete
  • Property Type: F
  • Legal Description Abbrev: THRIFTY HOMES
  • Marketing Name: thrifty homes
  • Ownership: Fee Simple
  • Uncvrd Parking Spcs: 2.00
  • Map Code Grid: Q43
  • Year Built: 2005
  • Tax Year: 2011
  • Directions: From I -17 North on 7th. East on Mohave. Past 10th St. third Parcel on the Left
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Roofing: Comp Shingle
  • Construction: Frame - Wood

Garage/Parking

  • Parking: >1 Space Per Unit, Carport, Paved Parking
  • Total Parking Spaces: 6.00
  • Covered Parking Spaces: 4.00

Utilities

  • Water: City Franchise
  • Electric: APS
  • Cooling: Central A/C
  • Heating: Electric

Condo/Co-op/Association

  • Community Amenities: No Pool

Lot Info

  • Lot Size: 6,769

Multi Family

  • Four Bedroom Units Avg Rent: 750.00
  • Four Bedroom Units Avg Sq Ft: 1250
  • Four Bedroom Units Baths: 2
  • Income And Expenses Net Operating Income: 15600.00
  • Income And Expenses Operating Exp: 1625.80
  • Number Of Four Bedroom Units: 2
  • Tenant Pays: Electric, Sewer, Water
  • Total Numberof Buildings: 2
  • Total Numberof Units: 2.00

Tax Info

  • Taxes: 1625.80

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2017
Sold by
Cooper Sheldon and Cooper Louise
Bought by
Salt River Equity Llc
Total Days on Market
46
Current Estimated Value
$490,651

Purchase Details

Listed on
May 9, 2012
Closed on
Jun 1, 2012
Sold by
Riyad Saleh and Riyad Mahmoud
Bought by
Cooper Sheldon and Cooper Louise
Seller's Agent
Lawrence Zoma
Realty ONE Group
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$120,000
Sold Price
$110,000
Premium/Discount to List
-$10,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.30%

Purchase Details

Closed on
Jun 9, 2010
Sold by
Weber Chad
Bought by
Riyad Saleh Ahmad Samir and Riyad Mahmoud Ahmad Samir

Purchase Details

Closed on
Jun 8, 2010
Sold by
Taha Arwa
Bought by
Riyad Mahmound Ahmad Samir

Purchase Details

Closed on
Jul 12, 2006
Sold by
Weber Heather
Bought by
Weber Chad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2005
Sold by
Am Builders Llc
Bought by
Weber Chad and Weber Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2005
Sold by
Joya Robert M
Bought by
Am Builders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.02%
Mortgage Type
New Conventional

Range of Values:

Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Salt River Equity Llc $180,000 American Title
Cooper Sheldon $110,000 First American Title Ins Co
Riyad Saleh Ahmad Samir $69,900 American Title Service Agenc
Riyad Mahmound Ahmad Samir -- American Title Service Agenc
Riyad Saleh Ahmad Samir -- American Title Service Agenc
Weber Chad -- Lawyers Title Ins Corp
Weber Chad $245,000 Capital Title Agency Inc
Am Builders Llc $45,000 Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spinnaker Capital Llc $318,750
Closed Spinnaker Capital Llc $125,000
Previous Owner Weber Chad $54,000
Previous Owner Weber Chad $189,000
Previous Owner Weber Chad $52,000
Previous Owner Weber Chad $196,000
Previous Owner Am Builders Llc $90,000
Closed Weber Chad $36,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2012 07/02/12 Sold $110,000 -8.3% $44 / Sq Ft
06/24/2012 06/24/12 Pending -- -- --
05/09/2012 05/09/12 For Sale $120,000 -- $48 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

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 $774 $5,790 -- --
2024 $767 $5,514 -- --
2023 $767 $31,080 $6,210 $24,870
2022 $739 $21,530 $4,300 $17,230
2021 $734 $17,920 $3,580 $14,340
2020 $742 $15,400 $3,080 $12,320
2019 $741 $14,100 $2,820 $11,280
2018 $729 $9,500 $1,900 $7,600
2017 $712 $7,550 $1,510 $6,040
2016 $691 $5,970 $1,190 $4,780
2015 $640 $5,010 $1,000 $4,010
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2012

    Lawrence Zoma

    Realty One Group

    (480) 777-4500

    3 Total Sales

    Lawrence Zoma
    Section Image

  • N

    Buyer's Agent in 2012

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4756931

Arizona Regional Multiple Listing Service (ARMLS)

APN: 115-46-139

Arizona Maricopa County Phoenix 85034 Central City

1006 E Mohave St, Phoenix, AZ

Homes for Sale in Phoenix, AZ

This home is located at 1006 E Mohave St, Phoenix, AZ 85034 since 09 May 2012 and is currently estimated at $490,651, approximately $196 per square foot. This property was built in 2005. 1006 E Mohave St is a home located in Maricopa County with nearby schools including Silvestre Herrera School, North High School, and Phoenix Coding Academy.

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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