NOT LISTED FOR SALE

1029 N 27th St Phoenix, AZ 85008

Estimated Value: $533,000 - $1,156,494

-- Bed
-- Bath
3,168 Sq Ft
$250/Sq Ft Est. Value

Last Sold June 13, 2019

Last sale price $309,400 $98 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $4,583/month

4 Days on Market

Highlights

  • Cooling Available
  • Concrete Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of June 2019

OPPORTUNITY KNOCKS! Duplex each with 4 bedrooms, 2.5 baths & a 2 car garage! A gorgeous multiple dwelling property located in Phoenix is now on the market! With a total of 8 bedrooms and 6 baths, each unit also boasts dining and living areas, not to mention gorgeous kitchens with ample cabinet and counter space, as well as matching appliances and track lighting. Inside laundry in each home. Roof, paint and A/C's are in good shape! Sunscreens & fans help keep things cool. Garage spaces with epoxy floor & built-in cabinetry. Serenity Garden awaits you in the side courtyard with a quality made gazebo plus large storage shed! Many options on how to use this property! Seller willing to sell furnished if buyer interested, ask for details!
Schedule a showing today!

Last Agent to Sell the Property

Tiffany Drejza

RE/MAX Desert Showcase Brokerage Phone: 602-920-2653 License #BR036442000 Listed on: 03/27/2019

RE/MAX Desert Showcase

Last Buyer's Agent

Timothy Ehlen

RE/MAX Signature License #SA654242000

RE/MAX Signature

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,454

Year Built

  • Built in 2004

Lot Details

  • 9,060

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Concrete Flooring

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Schools

  • Gateway Elementary And Middle School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for electricity, trash collection, water, sewer
  • Tax Lot 115
  • Assessor Parcel Number 121-76-042

Community Details

Overview

  • 2 Units
  • Building Dimensions are 9075
  • Del Rey Lots 21 58 & Lot 99 Subdivision

Building Details

  • Operating Expense $1,454

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,454

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Cross Street: 24th St & Roosevelt St
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2004
  • Tax Year: 2017
  • Directions: Head east on Roosevelt St, Turn left onto 27th St. Property is located on the right.
  • Attribution Contact: 602-920-2653
  • Road Surface Type: Asphalt
  • Subdivision Name: DEL REY LOTS 21-58 & LOT 99
  • Garage Yn: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances: BI Oven/Range
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Garage Details: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Furnished: Yes

Schools

  • Elementary School: Gateway School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Gateway School

Lot Info

  • Lot Size: 9075
  • Additional Parcels: No
  • Parcel #: 121-76-042

Multi Family

  • Owner Pays: Electricity, Trash Collection, Water, Sewer
  • Tenant Pays: None
  • Number Of Units Total: 2
  • Annual Operating Expense: 1454.0

Tax Info

  • Tax Annual Amount: 1454.0
  • Tax Book Number: 121.00
  • Tax Lot: 115

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2020
Sold by
Lam Julie and Lam Jeremy W
Bought by
Lam Jeremy W
Current Estimated Value
$792,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2020
Sold by
Lam Jeremy and Lam Cameron
Bought by
Lam Jeremy W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 27, 2019
Closed on
May 29, 2019
Sold by
Momas House Inc
Bought by
Lam Jeremy and Lam Cameron
Seller's Agent
Tiffany Drejza
RE/MAX Desert Showcase
Buyer's Agent
Timothy Ehlen
RE/MAX Signature
List Price
$297,400
Sold Price
$309,400
Premium/Discount to List
$12,000
4.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.18%
Original Mortgage
$278,460
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2015
Sold by
Wells Fargo Bank Na
Bought by
Momas House Inc

Purchase Details

Closed on
Oct 7, 2014
Sold by
Gray Ben
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Apr 7, 2005
Sold by
Meade Gray Tammy
Bought by
Gray Ben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
8.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 5, 2003
Sold by
Basar Edward G and Basar Christine A
Bought by
Counts Clint R and Counts Lejia M

Purchase Details

Closed on
Oct 31, 2003
Sold by
Gonzales Benjamin F
Bought by
Basar Edward G and Basar Christine A

Purchase Details

Closed on
Jul 7, 2003
Sold by
Gonzalez Ernestine C
Bought by
Revest Inc
Source: Public Records

Range of Values:

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Average Value
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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
Lam Jeremy W -- Pioneer Title Agency Inc
Lam Jeremy W -- Pioneer Title Agency Inc
Lam Jeremy $309,400 Security Title Agency Inc
Momas House Inc -- Servicelink
Wells Fargo Bank Na $373,758 Great American Title Agency
Gray Ben -- Security Title Agency Inc
Gray Ben $260,000 Security Title Agency Inc
Counts Clint R $20,500 Fidelity National Title
Basar Edward G -- --
Revest Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lam Jeremy W $618,750
Closed Lam Jeremy W $288,000
Closed Lam Jeremy $278,460
Previous Owner Gray Ben $234,000
Previous Owner Counts Clint R $142,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2019 06/13/19 Sold $309,400 +4.0% $98 / Sq Ft
03/31/2019 03/31/19 Pending -- -- --
03/27/2019 03/27/19 For Sale $297,400 -- $94 / 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 $2,457 $18,902 -- --
2024 $2,429 $18,001 -- --
2023 $2,429 $66,840 $14,370 $52,470
2022 $2,334 $62,355 $14,820 $47,535
2021 $2,390 $61,965 $14,820 $47,145
2020 $2,332 $37,500 $7,500 $30,000
2019 $2,316 $34,530 $6,900 $27,630
2018 $0 $20,860 $4,170 $16,690
2017 $1,454 $19,950 $3,990 $15,960
2016 $1,398 $17,070 $3,410 $13,660
2015 $1,300 $13,010 $2,600 $10,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5901859

Arizona Regional Multiple Listing Service (ARMLS)

APN: 121-76-042