NOT LISTED FOR SALE

1033 E Bethany Home Rd Phoenix, AZ 85014

Camelback East Village Neighborhood

Estimated Value: $592,000

6 Beds
3 Baths
2,622 Sq Ft
$226/Sq Ft Est. Value

Sale Details

Date Sold: March 17, 2016

Last sale price $1,475,000 $563 Per Sq Ft

Current estimated payment $3,704 / mo

8 Days on Market

Highlights

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Ceiling Fan
  • Phoenix Coding Academy Rated A

About This Home

As of March 2016

This property is set up and ready to be used as a type of Residential Facility. Would be a great fit for anything from an Assisted Care Facility, Foster Care, or Behavioral Health Care. It has a 10 unit on one
parcel and a 5 unit on the other parcel. It has been taken down to the slab and rebuilt. All you need is the operator. We have a placement service for you as well if needed. Stabilized this property has a projected ROI. Call to show!See Document tabs for
Floor Plans and Site Plan Sale includes APN 16205001, 16205002
& 16205003

Last Agent to Sell the Property

Linda Gerchick

Gerchick Real Estate License #BR114848000 Listed on: 02/02/2016

Last Buyer's Agent

Linda CCIM

Stephen Magee Int'l Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,758

Year Built

  • Built in 1951

Lot Details

  • 0.46

Parking

  • Assigned Parking

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Foam Roof
  • Stucco

Schools

  • Madison Rose Lane Elementary School
  • Madison Meadows Middle School
  • North High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Heating System Uses Natural Gas

Additional Features

  • Ceiling Fan
  • Additional Parcels

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, cable TV, landscaping
  • Tax Lot 3
  • Assessor Parcel Number 162-05-003

Community Details

Overview

  • 2 Buildings
  • 15 Units
  • Marlen Grove Subdivision

Building Details

  • Net Operating Income $192,650

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,758

Year Built

Built in 1951

Lot Details

0.46 Acres

Listing Details

  • Cross Street: 7th St/ Bethany Home Rd
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-1-6
  • Number Of Buildings: 2
  • Year Built: 1951
  • Tax Year: 2015
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Professional Management Expense: 27000.0
  • Subdivision Name: MARLEN GROVE
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm, APOD/Backup Avaible, Sch of Personal Prop
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition, Foam
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Assigned
  • Attached Garage: No
  • Parking:Street Parking: Yes
  • Parking:Paved Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: APS
  • Cooling: 2 or More Units, Central A/C, Ceiling Fan(s)
  • Heating: Central, 2 or More Units, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:_two_ or More Units3: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:Security Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Fire Sprinklers2: Yes

Schools

  • Elementary School: Madison Rose Lane School
  • High School: North High School
  • Middle Or Junior School: Madison Meadows School

Lot Info

  • Additional Parcels: Yes
  • Parcel #: 162-05-003

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Cable TV, Landscaping
  • Tenant Pays: None
  • Number Of Units Total: 15
  • Electric Expense: 21000.0
  • Insurance Expense: 2250.0
  • Maintenance Expense: 15000.0
  • Property Net Operating Income: 192650.0
  • Vacancy Allowance Rate: 0.1

Tax Info

  • Tax Annual Amount: 6758.0
  • Tax Book Number: 162.00
  • Tax Lot: 3

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2022
Sold by
Bought by
Current Estimated Value
$592,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,025,000
Interest Rate
0.0345%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 2, 2016
Closed on
Mar 4, 2016
Sold by
Bought by
Seller's Agent
Linda Gerchick
Gerchick Real Estate
Buyer's Agent
Linda Gerchick
Gerchick Real Estate
List Price
$1,575,000
Sold Price
$1,475,000
Premium/Discount to List
-$100,000
-6.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,031
Interest Rate
0.0372%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2015
Sold by
Bought by

Purchase Details

Closed on
Oct 1, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
0.0408%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 2, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
0.0617%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,520
Interest Rate
0.065%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,700,000 New Title Company Name
$875,000 Empire West Title Agency
-- None Available
$440,000 Driggs Title Agency Inc
-- Capital Title Agency Inc
$296,900 Security Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,025,000
Previous Owner $246,031
Previous Owner $352,000
Previous Owner $365,000
Previous Owner $237,520
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/17/2016 03/17/16 Sold $1,475,000 -6.3% $563 / Sq Ft
02/10/2016 02/10/16 Pending -- -- --
02/02/2016 02/02/16 For Sale $1,575,000 -- $601 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,738 $51,719
2024 $6,252 $49,256
2023 $6,252 $83,430 $16,680 $66,750
2022 $6,065 $69,430 $13,880 $55,550
2021 $6,118 $65,870 $13,170 $52,700
2020 $6,022 $61,720 $12,340 $49,380
2019 $5,890 $54,360 $10,870 $43,490
2018 $5,745 $50,350 $10,070 $40,280
2017 $3,542 $34,600 $6,920 $27,680
2016 $3,413 $32,760 $6,550 $26,210
Source: Public Records

Agents Affiliated with this Home

  • Linda Gerchick

    Seller's Agent in 2016

    Linda Gerchick

    Gerchick Real Estate

    (602) 688-9279

    16 in this area

    99 Total Sales

    Linda Gerchick
    Section Image

  • L

    Buyer's Agent in 2016

    Linda CCIM

    Stephen Magee Int'l Properties

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5392753

Arizona Regional Multiple Listing Service (ARMLS)

APN: 162-05-003A

Arizona Maricopa County Phoenix 85014 Camelback East Village

1033 E Bethany Home Rd, Phoenix, AZ

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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