NOT LISTED FOR SALE

10623 N 18th Dr Phoenix, AZ 85029

North Mountain Village Neighborhood

Estimated Value: $278,598 - $527,000

-- Bed
-- Bath
2,433 Sq Ft
$181/Sq Ft Est. Value

Last Sold September 22, 2014

Last sale price $113,000 $46 Per Sq Ft

Est. 290% increase in value since last sale

Current estimated payment $2,426/month

185 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System
  • Sunnyslope High School Rated A

About This Home

As of September 2014

Great investment property! Income producing triplex or move in and have your mortgage paid by the other two units!! Three easy to rent units in single block building near I-17 & Peoria in North Phoenix. One Unit has 2 bedrooms, 1 bath and two units have 1 bedroom, 1 bath each. All units were recently painted, have newer appliances, security screens, washer/dryer hook ups & small back yard area. New AC unit in 2011. Each unit has its own parking spot. There is a large covered patio area along front of all units. Units are low maintenance and easy to keep rented. All units are currently leased. Please do not disturb tenants.

Last Agent to Sell the Property

Jennifer Patnode

Desert Dream Realty License #BR516334000 Listed on: 02/01/2014

Co-Listed By

Tammy Seymour

Desert Dream Realty License #BR563640000

Last Buyer's Agent

Leticia Gonzalez

Coldwell Banker Realty License #SA652067000

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $768

Year Built

  • Built in 1958

Lot Details

  • 7,492

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Concrete
  • Ceramic Tile

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Paved Parking

Schools

  • Mountain View Elementary School
  • Sunnyslope Elementary High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Legal Lot and Block 2 / 1
  • Assessor Parcel Number 159-13-047

Community Details

Overview

  • 3 Units
  • Building Dimensions are 121 X 60
  • Desert Cove Extension Resub Of Lots 26, 27, 28 Subdivision

Building Details

  • Operating Expense $5,321
  • Gross Income $18,120
  • Net Operating Income $13,767

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$768

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Cross Street: I-17 & PEORIA AVE.
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: MULTI-FAMILY
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1958
  • Tax Year: 2013
  • Directions: E on Peoria Ave. N on 18th Dr to last property on E (right) side of Road.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: ppaz02
  • Co List Office Phone: 480-252-8300
  • Subdivision Name: Desert Cove Extension Resub of Lots 26, 27, 28
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Concrete
  • Appliances: BI Oven/Range, W/D Hookup
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved Parking, 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Individual, Electric
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes

Fee Information

  • Annual Water Sewer Expense: 2489.83

Schools

  • Elementary School: Mountain View Elementary School
  • High School: Sunnyslope Elementary School
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Mountain View Elementary School

Lot Info

  • Lot Size: 121 X 60
  • Additional Parcels: No
  • Parcel #: 159-13-047

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 3
  • Annual Gross Income: 18120.0
  • Insurance Expense: 963.38
  • Maintenance Expense: 600.0
  • Property Net Operating Income: 13766.91
  • Annual Operating Expense: 5320.79

Tax Info

  • Tax Annual Amount: 767.58
  • Tax Block: 1
  • Tax Book Number: 159.00
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2016
Sold by
Buesing Matthew Alex
Bought by
Degonzalez Agustina Morales
Current Estimated Value
$440,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Outstanding Balance
$103,141
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$337,009

Purchase Details

Closed on
Nov 3, 2015
Sold by
Triana Jose Gonzalez
Bought by
Degonzalez Agustina Morales

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 1, 2014
Closed on
Sep 18, 2014
Sold by
Doularis Chris
Bought by
Buesing Matthew Alex
Seller's Agent
Jennifer Patnode
Desert Dream Realty
Buyer's Agent
Leticia Gonzalez
Coldwell Banker Realty
List Price
$124,900
Sold Price
$113,000
Premium/Discount to List
-$11,900
-9.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.11%
Original Mortgage
$84,750
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 8, 2012
Closed on
Jul 11, 2012
Sold by
Milanese Richard P
Bought by
Dourlaris Chris
Seller's Agent
James MacDonald
Heli Properties
Buyer's Agent
Vince Zerilli
West USA Realty
List Price
$125,000
Sold Price
$114,000
Premium/Discount to List
-$11,000
-8.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.41%
Original Mortgage
$64,000
Interest Rate
3.62%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 11, 2010
Sold by
Parry Mark B and Parry Angela A
Bought by
Milanese Richard P

Purchase Details

Closed on
Jan 12, 2010
Sold by
Hsbc Bank Usa National Association
Bought by
Parry Mark B and Parry Angela A

Purchase Details

Closed on
Oct 16, 2009
Sold by
Alvarez Candelario and Alvarez Isabel
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Aug 10, 2006
Sold by
Dourlaris Maureen Z
Bought by
Dourlaris Chris

Purchase Details

Closed on
Jan 27, 2006
Sold by
Rejino Jose Luis
Bought by
Alvarez Candelario and Alvarez Isabel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,920
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 2003
Sold by
Nevarez Olga Regino
Bought by
Rejino Jose Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,790
Interest Rate
5.85%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 7, 2003
Sold by
Holub George and Holub Emily
Bought by
Rejino Jose Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,790
Interest Rate
5.85%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 2, 2001
Sold by
Collins Jeremy
Bought by
Holub George and Holub Emily E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,200
Interest Rate
7.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2001
Sold by
Elijah Dennis
Bought by
Collins Jeremy

Purchase Details

Closed on
Dec 18, 2000
Sold by
Dewolf Ann M
Bought by
Elijah Dennis R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
7.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2000
Sold by
Fried Ronald and Fried Lisa
Bought by
Dewolf Ann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,750
Interest Rate
8.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 1996
Sold by
Zakrzewski Jacek M and Zakrzewski Jerilyn D
Bought by
Fried Ronald and Fried Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,900
Interest Rate
7.59%
Mortgage Type
Assumption
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
Degonzalez Agustina Morales $130,000 Old Republic Title Agency
Degonzalez Agustina Morales -- Old Republic Title Agency
Buesing Matthew Alex $113,000 Equity Title Agency Inc
Dourlaris Chris $114,000 Clear Title Agency Of Arizon
Milanese Richard P $105,000 Pioneer Title Agency Inc
Parry Mark B $40,000 Great American Title Agency
Hsbc Bank Usa National Association $55,000 Great American Title Agency
Dourlaris Chris -- None Available
Alvarez Candelario $222,400 Premier Title Group Maricopa
Rejino Jose Luis -- American Title Ins Agency Az
Rejino Jose Luis $143,000 American Title Ins Agency Az
Holub George $118,000 Stewart Title & Trust
Collins Jeremy -- --
Elijah Dennis R $115,000 Stewart Title & Trust
Dewolf Ann M $95,000 Stewart Title & Trust
Fried Ronald $28,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Degonzalez Agustina Morales $130,000
Previous Owner Degonzalez Agustina Morales $130,000
Previous Owner Buesing Matthew Alex $84,750
Previous Owner Dourlaris Chris $64,000
Previous Owner Alvarez Candelario $177,920
Previous Owner Rejino Jose Luis $140,790
Previous Owner Holub George $106,200
Previous Owner Elijah Dennis R $103,500
Previous Owner Dewolf Ann M $87,750
Previous Owner Fried Ronald $30,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2014 09/22/14 Sold $113,000 -9.5% $46 / Sq Ft
08/05/2014 08/05/14 Pending -- -- --
02/01/2014 02/01/14 For Sale $124,900 +9.6% $51 / Sq Ft
08/01/2012 08/01/12 Sold $114,000 -8.8% $71 / Sq Ft
07/10/2012 07/10/12 Pending -- -- --
07/08/2012 07/08/12 For Sale $125,000 -- $78 / 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 $1,098 $8,979 -- --
2024 $1,078 $8,552 -- --
2023 $1,078 $35,480 $7,090 $28,390
2022 $1,043 $25,380 $5,070 $20,310
2021 $1,056 $21,530 $4,300 $17,230
2020 $1,030 $18,970 $3,790 $15,180
2019 $1,011 $16,670 $3,330 $13,340
2018 $985 $13,920 $2,780 $11,140
2017 $980 $11,110 $2,220 $8,890
2016 $962 $10,310 $2,060 $8,250
2015 $891 $8,850 $1,770 $7,080
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Patnode

    Seller's Agent in 2014

    Jennifer Patnode

    Desert Dream Realty

    (480) 324-6050

    1 in this area

    126 Total Sales

    Jennifer Patnode
    Section Image
  • Tammy Seymour

    Seller Co-Listing Agent in 2014

    Tammy Seymour

    Desert Dream Realty

    (480) 586-0377

    90 Total Sales

    Tammy Seymour
    Section Image

  • L

    Buyer's Agent in 2014

    Leticia Gonzalez

    Coldwell Banker Realty

    Section Image

  • J

    Seller's Agent in 2012

    James MacDonald

    Heli Properties

    (602) 750-8099

    James MacDonald
    Section Image
  • Vince Zerilli

    Buyer's Agent in 2012

    Vince Zerilli

    West USA Realty

    (602) 363-6207

    2 in this area

    92 Total Sales

    Vince Zerilli
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5063578

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-13-047

Arizona Maricopa County Phoenix 85029 North Mountain Village

10623 N 18th Dr, Phoenix, AZ

This home is located at 10623 N 18th Dr, Phoenix, AZ 85029 since 01 February 2014 and is currently estimated at $440,150, approximately $180 per square foot. This property was built in 1958. 10623 N 18th Dr is a home located in Maricopa County with nearby schools including Shaw Butte School, Royal Palm Middle School, and Sunnyslope 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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