NOT LISTED FOR SALE

1014 E Campbell Ave Phoenix, AZ 85014

Camelback East Village Neighborhood

Estimated Value: $748,716 - $1,004,000

8 Beds
-- Bath
1,242 Sq Ft
$721/Sq Ft Est. Value

Last Sold February 24, 2022

Last sale price $950,000 $765 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $4,874/month

16 Days on Market

Highlights

  • Evaporated cooling system
  • Carpet
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A

About This Home

As of February 2022

Beautifully remodeled 4 unit complex in a quiet neighborhood of Uptown Phoenix.

Each unit has granite countertops, stainless steel appliances, new light fixtures and fresh paint. Hard to find multifamily units that look this nice!

The extensive exterior renovations include over 40 new trees, shade structures for parking, exterior paint, new gravel and more. This is a trophy property for your portfolio!

All 4 units are currently rented for a total of $4630/month with room to increase rents. Please do not disturb tenants.

Last Agent to Sell the Property

Reka Trune

Real Broker License #SA681868000 Listed on: 01/14/2022

Last Buyer's Agent

Carrie Lehrman

SRL Group License #BR626599000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,435

Year Built

  • Built in 1986

Lot Details

  • 8,668

Home Design

  • Wood Frame Construction
  • Composition Roof

Flooring

  • Carpet
  • Vinyl

Parking

  • 7 Open Parking Spaces
  • 7 Parking Spaces

Schools

  • Madison Elementary School
  • Madison Park Middle School
  • North High School

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Legal Lot and Block 14 / 2
  • Assessor Parcel Number 155-12-033

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 8674
  • Davis Place Subdivision

Building Details

  • Operating Expense $4,525
  • Gross Income $111,120
  • Net Operating Income $15,854

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,435

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Cross Street: 12th St & Campbell Ave
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1986
  • Tax Year: 2021
  • Directions: From 12th St, go west to property on north side of street.
  • Road Surface Type: Asphalt
  • Subdivision Name: DAVIS PLACE
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Built-In Range, Refrigerator
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Painted
  • Roof: Composition

Garage/Parking

  • Parking Features: Add'l Parking Avail, 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 7.0
  • Total Parking Spaces: 7.0
  • General Property Description:Uncvrd Parking Spcs: 7.0
  • General Property Description:Total Parking Spcs: 7.0

Utilities

  • Electric: APS
  • Cooling: Evaporative Cooling
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Elementary School: Madison Elementary School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Madison Park School

Lot Info

  • Lot Size: 8674
  • Additional Parcels: No
  • Parcel #: 155-12-033

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 111120.0
  • Insurance Expense: 3090.0
  • Property Net Operating Income: 15854.0
  • Annual Operating Expense: 4525.0
  • Vacancy Allowance Rate: 3.0

Tax Info

  • Tax Annual Amount: 1435.0
  • Tax Block: 2
  • Tax Book Number: 155.00
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2022
Closed on
Feb 22, 2022
Sold by
Blue Brick Holdings Llc
Bought by
Eyer Benjamin and Joines Melissa
Seller's Agent
Reka Trune
Real Broker
Buyer's Agent
Carrie Lehrman
SRL Group
List Price
$949,450
Sold Price
$950,000
Premium/Discount to List
$550
0.06%
Current Estimated Value
$895,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$54,321
Avg. Annual Appreciation
-1.62%
Original Mortgage
$692,000
Outstanding Balance
$642,574
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$253,105

Purchase Details

Listed on
Jan 14, 2022
Closed on
Jan 10, 2022
Sold by
Southwest Affordable Rentals Llc
Bought by
Blue Brick Holdings Llc
Seller's Agent
Reka Trune
Real Broker
Buyer's Agent
Carrie Lehrman
SRL Group
List Price
$949,450
Sold Price
$950,000
Premium/Discount to List
$550
0.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$692,000
Outstanding Balance
$642,574
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$253,105

Purchase Details

Closed on
Dec 9, 2021
Sold by
Rosenfeld Brad H
Bought by
Southwest Affordable Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2021
Sold by
Rosenfeld Lucy
Bought by
Rosenfeld Brad H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,900
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2011
Sold by
Federal National Mortgage Association
Bought by
Rosenfeld Brad H

Purchase Details

Closed on
Mar 24, 2011
Sold by
Utterback Taylo J and Utterback Brian
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 19, 2002
Sold by
Cohut Aron and Cohut Elisabeta S
Bought by
Utterback Brian and Utterback Taylor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,200
Interest Rate
6.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2000
Sold by
Hollister Richard Craig
Bought by
Cohut Aron and Cohut Elisabeta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,526
Interest Rate
8.26%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 12, 1997
Sold by
Bru Bryan E
Bought by
Hollister Richard Craig

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
7.98%
Mortgage Type
Assumption

Purchase Details

Closed on
Nov 16, 1995
Sold by
Vogel Robert H and Birdoes Jean
Bought by
Bru Bryan E
Source: Public Records

Range of Values:

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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
Eyer Benjamin $950,000 Allied Title
Blue Brick Holdings Llc $647,000 Allied Title
Southwest Affordable Rentals Llc -- None Listed On Document
Rosenfeld Brad H -- Driggs Title Agency Inc
Rosenfeld Brad H -- Driggs Title Agency Inc
Rosenfeld Brad H $63,500 Fidelity Natl Title Ins Co
Federal National Mortgage Association $161,076 None Available
Utterback Brian $209,000 Stewart Title & Trust
Cohut Aron $146,500 Chicago Title Insurance Co
Hollister Richard Craig $85,700 Ati Title Agency
Bru Bryan E $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eyer Benjamin $692,000
Closed Blue Brick Holdings Llc $512,000
Previous Owner Rosenfeld Brad H $508,900
Previous Owner Utterback Brian $167,200
Previous Owner Cohut Aron $145,526
Previous Owner Hollister Richard Craig $90,000
Closed Utterback Brian $20,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2022 02/24/22 Sold $950,000 +0.1% $765 / Sq Ft
01/12/2022 01/12/22 For Sale $949,450 -- $764 / 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 $1,507 $12,131 -- --
2024 $1,466 $11,553 -- --
2023 $1,466 $55,730 $11,140 $44,590
2022 $1,423 $40,500 $8,100 $32,400
2021 $1,435 $33,980 $6,790 $27,190
2020 $1,413 $28,200 $5,640 $22,560
2019 $1,381 $22,970 $4,590 $18,380
2018 $1,348 $18,480 $3,690 $14,790
2017 $1,284 $18,410 $3,680 $14,730
2016 $1,240 $14,100 $2,820 $11,280
2015 $1,151 $11,110 $2,220 $8,890
Source: Public Records

Agents Affiliated with this Home

  • Reka Trune

    Seller's Agent in 2022

    Reka Trune

    Real Broker

    (623) 363-0500

    2 in this area

    81 Total Sales

    Reka Trune
    Section Image
  • Carrie Lehrman

    Buyer's Agent in 2022

    Carrie Lehrman

    SRL Group

    (480) 338-9641

    19 in this area

    75 Total Sales

    Carrie Lehrman
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6341282

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-12-033

Arizona Maricopa County Phoenix 85014 Camelback East Village

1014 E Campbell Ave, Phoenix, AZ

This home is located at 1014 E Campbell Ave, Phoenix, AZ 85014 since 14 January 2022 and is currently estimated at $895,679, approximately $721 per square foot. This property was built in 1986. 1014 E Campbell Ave is a home located in Maricopa County with nearby schools including Madison Camelview Elementary, Phoenix Coding Academy, and North High School.

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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