Seller's Agent in 2024
Craig Young
REI Marketing
(480) 773-2183
41 in this area
157 Total Sales
1007 E Medlock Dr Phoenix, AZ 85014
Camelback East Village NeighborhoodEstimated Value: $592,000 - $743,000
--
Bed
2
Baths
1,407
Sq Ft
$466/Sq Ft
Est. Value
Highlights
- Multiple cooling system units
- Ceramic Tile Flooring
- Heat Pump System
- Phoenix Coding Academy Rated A
- Ceiling Fan
About This Home
As of September 2024The Medlock is a very special property in a quiet residential location shaded by mature trees on a lush irrigated lot . This unique R3 zoned property includes a 2 bedroom 1 bath main home, 1 bedroom 1 bath attached guest unit and an amazing all new detached ADUt with covered parking and a huge private grassy yard. Walkable to local restaurants and cafes along Camelback Road
This property is perfect for an owner user , extended family or 3 unit rental. A bonus is the zoning allows an additional 4th unit .
Last Agent to Sell the Property
REI Marketing License #BR107286000 Listed on: 06/19/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,740
Year Built
- Built in 1945
Lot Details
- 9,104
Home Design
- Wood Frame Construction
- Composition Roof
- Siding
Interior Spaces
- Ceiling Fan
- Ceramic Tile Flooring
Parking
- 4 Open Parking Spaces
- 6 Parking Spaces
- 2 Covered Spaces
- Common or Shared Parking
- Paved Parking
- On-Street Parking
Schools
- Madison Rose Lane Elementary School
- Madison #1 Middle School
- Phoenix Coding Academy High School
Utilities
- Multiple cooling system units
- Central Air
- Heat Pump System
- Individual Controls for Heating
- Master Water Meter
Listing and Financial Details
- Tenant pays for cable TV
- The owner pays for gas, electricity, water, sewer, landscaping
- Tax Lot 5
- Assessor Parcel Number 162-17-037
Community Details
Overview
- 2 Buildings
- 3 Units
- Building Dimensions are 70 x 135
- Smith Place Blocks 3 6 Subdivision
Building Details
- Operating Expense $14,640
- Gross Income $63,600
- Net Operating Income $48,960
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 19, 2024
Closed on
Sep 4, 2024
Sold by
Irh Llc
Bought by
Samnani Faraz
Seller's Agent
Craig Young
REI Marketing
Buyer's Agent
Joseph Ryan
Jason Mitchell Real Estate
List Price
$895,000
Sold Price
$833,000
Premium/Discount to List
-$62,000
-6.93%
Views
13
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$177,121
Avg. Annual Appreciation
-17.04%
Purchase Details
Listed on
Sep 25, 2023
Closed on
Dec 1, 2023
Sold by
Paper Flipper Solutions Llc
Bought by
Irh Llc
Seller's Agent
Patrick Kaiser
My Home Group Real Estate
Buyer's Agent
Craig Young
REI Marketing
List Price
$499,000
Sold Price
$490,000
Premium/Discount to List
-$9,000
-1.8%
Views
36
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
99.20%
Original Mortgage
$363,750
Interest Rate
7.63%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 25, 2023
Closed on
Oct 31, 2023
Sold by
Paper Flipper Solutions Llc
Bought by
Irh Llc
Seller's Agent
Patrick Kaiser
My Home Group Real Estate
Buyer's Agent
Craig Young
REI Marketing
List Price
$499,000
Sold Price
$490,000
Premium/Discount to List
-$9,000
-1.8%
Views
36
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,750
Interest Rate
7.63%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 17, 2022
Closed on
Jul 26, 2022
Sold by
Black Arrow Capital Llc
Bought by
Paper Flipper Solutions Llc
Seller's Agent
Ronald Rucshner
HomeSmart
Buyer's Agent
Dustin Posey
Catalyst Realty LLC
List Price
$675,000
Sold Price
$430,000
Premium/Discount to List
-$245,000
-36.3%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.24%
Original Mortgage
$408,000
Interest Rate
5.78%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 13, 2005
Sold by
Longrie Carolyn
Bought by
Longrie Carolyn J and The Carolyn J Longrie Trust
Purchase Details
Closed on
Oct 20, 1995
Sold by
Longrie Hildegarde
Bought by
Longrie Carolyn
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Samnani Faraz | $833,000 | Grand Canyon Title | |
| Irh Llc | $490,000 | Grand Canyon Title | |
| Irh Llc | $490,000 | Grand Canyon Title | |
| Paper Flipper Solutions Llc | $430,000 | American Title Services | |
| Black Arrow Capital Llc | $425,000 | American Title Services | |
| Longrie Carolyn J | -- | -- | |
| Longrie Carolyn | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Irh Llc | $363,750 | |
| Previous Owner | Irh Llc | $363,750 | |
| Previous Owner | Paper Flipper Solutions Llc | $408,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/15/2024 10/15/24 | For Rent | $1,200 | -4.0% | -- | |
| 10/08/2024 10/08/24 | Off Market | $1,250 | -- | -- | |
| 09/22/2024 09/22/24 | Price Changed | $1,250 | 0.0% | $1 / Sq Ft | |
| 09/06/2024 09/06/24 | Sold | $833,000 | -6.9% | $592 / Sq Ft | |
| 06/19/2024 06/19/24 | For Sale | $895,000 | +82.7% | $636 / Sq Ft | |
| 12/01/2023 12/01/23 | Sold | $490,000 | -1.8% | $287 / Sq Ft | View Prior Sale |
| 11/27/2023 11/27/23 | Price Changed | $499,000 | 0.0% | $292 / Sq Ft | |
| 09/29/2023 09/29/23 | Pending | -- | -- | -- | |
| 09/26/2023 09/26/23 | For Sale | $499,000 | +16.0% | $292 / Sq Ft | |
| 07/29/2022 07/29/22 | Sold | $430,000 | -13.8% | $306 / Sq Ft | View Prior Sale |
| 07/16/2022 07/16/22 | Price Changed | $499,000 | -16.7% | $355 / Sq Ft | |
| 06/29/2022 06/29/22 | Price Changed | $599,000 | -11.3% | $426 / Sq Ft | |
| 06/27/2022 06/27/22 | For Sale | $675,000 | 0.0% | $480 / Sq Ft | |
| 04/23/2022 04/23/22 | Pending | -- | -- | -- | |
| 04/17/2022 04/17/22 | For Sale | $675,000 | -- | $480 / 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 | $2,600 | $22,671 | -- | -- |
| 2024 | $2,740 | $21,591 | -- | -- |
| 2023 | $2,740 | $39,960 | $7,990 | $31,970 |
| 2022 | $2,323 | $31,910 | $6,380 | $25,530 |
| 2021 | $2,370 | $28,330 | $5,660 | $22,670 |
| 2020 | $2,332 | $26,850 | $5,370 | $21,480 |
| 2019 | $2,279 | $24,950 | $4,990 | $19,960 |
| 2018 | $2,219 | $22,980 | $4,590 | $18,390 |
| 2017 | $2,107 | $21,630 | $4,320 | $17,310 |
| 2016 | $2,030 | $21,070 | $4,210 | $16,860 |
| 2015 | $1,889 | $19,180 | $3,830 | $15,350 |
Source: Public Records
Agents Affiliated with this Home
-
Craig Young
-
Nathan Ottosen
Seller Co-Listing Agent in 2024
Nathan Ottosen
REI Marketing
(480) 355-3500
25 in this area
93 Total Sales
-
Joseph Ryan
Buyer's Agent in 2024
Joseph Ryan
Jason Mitchell Real Estate
(602) 615-1330
3 in this area
43 Total Sales
-
Patrick Kaiser
Seller's Agent in 2023
Patrick Kaiser
My Home Group
(602) 768-2767
4 in this area
109 Total Sales
-
Ronald Rucshner
Seller's Agent in 2022
Ronald Rucshner
HomeSmart
(623) 889-7100
2 in this area
60 Total Sales
-
D
Buyer's Agent in 2022
Dustin Posey
Catalyst Realty LLC
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6721155
APN: 162-17-037
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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