J
Seller's Agent in 2021
Jake Allen
Tradelands Realty
(480) 610-6833
1 in this area
45 Total Sales
1026 N 27th Ln Phoenix, AZ 85009
Estrella Village NeighborhoodEstimated Value: $176,000 - $790,000
--
Bed
--
Bath
1,232
Sq Ft
$392/Sq Ft
Est. Value
Highlights
- Cooling Available
- Ceramic Tile Flooring
- Heat Pump System
- Phoenix Coding Academy Rated A
About This Home
As of November 2021This is a great investment opportunity to purchase a 4-unit property that consists of four separate homes. CASH COW!!!! Each home is four bedrooms, two bathrooms with tile downstairs and carpeting upstairs. Each unit has a two car carport and separate large backyards with block wall fences. Washer and dryer and all kitchen appliances are included with each unit. All Leases are Month to Month and Rents need to be raised on this Value Add Opportunity. Current rents are below market value but can be increased with 30 day notice to tenant. Rents should be at $1500 or higher for these homes which would be a 7.5% PLUS CAP RATE! Don't Miss Out on this Unique Property & Opportunity!
Last Agent to Sell the Property
Tradelands Realty License #SA569290000 Listed on: 10/27/2021
Last Buyer's Agent
Rustin Randall
Hub Realty License #BR542413000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,963
Year Built
- Built in 2006
Lot Details
- 0.51
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Flooring
- Carpet
- Ceramic Tile
Parking
- 8 Parking Spaces
- Carport
- Over 1 Space Per Unit
Schools
- J B Sutton Elementary School
- Central High School
Utilities
- Cooling Available
- Heat Pump System
Listing and Financial Details
- Tax Lot A
- Assessor Parcel Number 109-06-070-A
Community Details
Overview
- 4 Buildings
- 4 Units
- Building Dimensions are 21995
- North Willow Square Plat 2 Subdivision
Building Details
- Operating Expense $8,700
- Gross Income $55,290
- Net Operating Income $49,500
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 27, 2021
Closed on
Nov 4, 2021
Sold by
Taylor Leonard L and Taylor Ashley N
Bought by
Lindahl James B and Lindahl Colette A
Seller's Agent
Jake Allen
Tradelands Realty
Buyer's Agent
Rustin Randall
Hub Realty
List Price
$849,900
Sold Price
$840,000
Premium/Discount to List
-$9,900
-1.16%
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
-$357,000
Avg. Annual Appreciation
-13.20%
Purchase Details
Listed on
May 22, 2020
Closed on
Jul 13, 2020
Sold by
Posterity Holdings Llc
Bought by
Taylor Leonard L and Taylor Ashley N
Seller's Agent
Jason Sellers
AXIS Real Estate
Buyer's Agent
Jake Allen
Tradelands Realty
List Price
$575,000
Sold Price
$555,000
Premium/Discount to List
-$20,000
-3.48%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.63%
Original Mortgage
$544,947
Interest Rate
3.1%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 13, 2017
Sold by
Curry Leevaughn R
Bought by
Posterity Holdings Llc
Purchase Details
Listed on
Jul 24, 2016
Closed on
Oct 15, 2016
Sold by
Equity Trust and Guenzel Marguerite Baker
Bought by
Curry Leevaughn R
Seller's Agent
Michael Van Vleck
Denali Real Estate, LLC
Buyer's Agent
Dawn Ugorek
HomeSmart
List Price
$375,000
Sold Price
$365,000
Premium/Discount to List
-$10,000
-2.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.19%
Original Mortgage
$365,000
Interest Rate
3.5%
Mortgage Type
VA
Purchase Details
Closed on
Oct 29, 2014
Sold by
Equity Trust Company
Bought by
Tax Lien Services Llc
Purchase Details
Closed on
Jul 22, 2009
Sold by
Klever Investor Llc
Bought by
Guenzel Rudolf P
Purchase Details
Closed on
Jun 24, 2009
Sold by
Shefa Ventures Llc
Bought by
Bond Properties Llc
Purchase Details
Closed on
Jun 10, 2008
Sold by
Aurora Loan Services Llc
Bought by
Shefa Ventures Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,750
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 30, 2008
Sold by
Pennisi Anthony S
Bought by
Aurora Loan Services Llc
Purchase Details
Closed on
Dec 28, 2006
Sold by
Pennisi Anthony S
Bought by
Pennisi Anthony S and Mcgraw Louis
Purchase Details
Closed on
Feb 21, 2006
Sold by
Am Builders Llc
Bought by
Pennisi Anthony S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
8.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 29, 2005
Sold by
Stuart Johm Marion
Bought by
Am Builders Llc
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 |
|---|---|---|---|
| Lindahl James B | $840,000 | Pioneer Title Agency Inc | |
| Taylor Leonard L | $555,000 | Empire West Title Agency Llc | |
| Posterity Holdings Llc | -- | None Available | |
| Curry Leevaughn R | $365,000 | Magnus Title Agency | |
| Tax Lien Services Llc | -- | None Available | |
| Guenzel Rudolf P | $230,000 | American Title Service Agenc | |
| Klever Investor Llc | $184,000 | American Title Service Agenc | |
| Bond Properties Llc | $240,000 | None Available | |
| Shefa Ventures Llc | $301,500 | Lsi Title Agency | |
| Aurora Loan Services Llc | $483,000 | None Available | |
| Pennisi Anthony S | -- | None Available | |
| Pennisi Anthony S | $596,000 | Capital Title Agency Inc | |
| Am Builders Llc | $161,000 | Capital Title Agency Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Taylor Leonard L | $544,947 | |
| Previous Owner | Curry Leevaughn R | $365,000 | |
| Previous Owner | Shefa Ventures Llc | $240,750 | |
| Previous Owner | Pennisi Anthony S | $460,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/09/2021 11/09/21 | Sold | $840,000 | -1.2% | $682 / Sq Ft | |
| 10/27/2021 10/27/21 | Pending | -- | -- | -- | |
| 10/26/2021 10/26/21 | For Sale | $849,900 | +53.1% | $690 / Sq Ft | |
| 07/02/2020 07/02/20 | Sold | $555,000 | -3.5% | $450 / Sq Ft | View Prior Sale |
| 05/22/2020 05/22/20 | For Sale | $575,000 | +57.5% | $467 / Sq Ft | |
| 10/31/2016 10/31/16 | Sold | $365,000 | -2.7% | $296 / Sq Ft | View Prior Sale |
| 10/06/2016 10/06/16 | Price Changed | $375,000 | 0.0% | $304 / Sq Ft | |
| 08/16/2016 08/16/16 | Pending | -- | -- | -- | |
| 08/12/2016 08/12/16 | Pending | -- | -- | -- | |
| 08/03/2016 08/03/16 | For Sale | $375,000 | 0.0% | $304 / Sq Ft | |
| 07/29/2016 07/29/16 | Pending | -- | -- | -- | |
| 07/25/2016 07/25/16 | Price Changed | $375,000 | -90.0% | $304 / Sq Ft | |
| 07/24/2016 07/24/16 | For Sale | $3,750,300 | 0.0% | $3,044 / Sq Ft | |
| 09/07/2012 09/07/12 | Rented | $750 | 0.0% | -- | |
| 08/31/2012 08/31/12 | Under Contract | -- | -- | -- | |
| 08/29/2012 08/29/12 | For Rent | $750 | -- | -- |
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 | $4,274 | $26,095 | -- | -- |
| 2024 | $4,169 | $24,852 | -- | -- |
| 2023 | $4,169 | $56,050 | $11,210 | $44,840 |
| 2022 | $3,976 | $42,580 | $8,510 | $34,070 |
| 2021 | $3,963 | $42,710 | $8,540 | $34,170 |
| 2020 | $3,891 | $37,020 | $7,400 | $29,620 |
| 2019 | $3,822 | $36,000 | $7,200 | $28,800 |
| 2018 | $3,829 | $36,130 | $7,220 | $28,910 |
| 2017 | $3,807 | $36,030 | $7,200 | $28,830 |
| 2016 | $3,687 | $34,120 | $6,820 | $27,300 |
| 2015 | $3,411 | $27,680 | $5,530 | $22,150 |
Source: Public Records
Agents Affiliated with this Home
-
Jake Allen
-
R
Buyer's Agent in 2021
Rustin Randall
Hub Realty
-
Jason Sellers
Seller's Agent in 2020
Jason Sellers
AXIS Real Estate
(602) 999-2965
14 Total Sales
-
Michael Van Vleck
M
Seller's Agent in 2016
Michael Van Vleck
Denali Real Estate, LLC
43 Total Sales
-
D
Buyer's Agent in 2016
Dawn Ugorek
HomeSmart
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6312639
APN: 109-06-070A
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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