NOT LISTED FOR SALE

10637 N 17th Dr Phoenix, AZ 85029

North Mountain Village Neighborhood

Estimated Value: $293,000 - $447,000

4 Beds
2 Baths
656 Sq Ft
$533/Sq Ft Est. Value

Sale Details

Date Sold: August 23, 2012

Last sale price $80,000 $122 Per Sq Ft

Est. 337% increase in value since last sale

Current estimated payment $1,970 / mo

50 Days on Market

Highlights

  • Cooling Available
  • Painted or Stained Flooring
  • Heating Available
  • Sunnyslope High School Rated A

About This Home

As of August 2012

REMODELED & MANICURED duplex just outside of the North Mountain Preserve. Many recent improvements include updated kitchens and bathrooms, paint, new fixtures and exterior fencing added for security. The roof is 6 years old. Property consists of (2)2bed/1bath units. Convenient access to the I-17 freeway, public transportation and Metrocenter Mall. Property will bring in total rents of $13,200 less 5% vacancy of -$660 per year so $12,540 adjusted gross income. Then after projected expenses of $4,241 the amount an investor would pocket $8,299 per year based on pro forma. This is a 10.39% CAP Rate.

Last Agent to Sell the Property

Linda Gerchick

Gerchick Real Estate License #BR114848000 Listed on: 05/21/2012

Co-Listed By

Patrick O'Sullivan

Get Multifamily License #BR634211000

Last Buyer's Agent

David Eichner

Realty ONE Group License #SA532543000

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 7,492

Home Design

  • Composition Shingle Roof
  • Block Exterior

Kitchen

  • Oven or Range
  • Free-Standing Electric Oven
  • Microwave

Flooring

  • Painted or Stained Flooring
  • Ceramic Tile

Parking

  • Over 1 Space Per Unit
  • Paved Parking

Schools

  • Washington Elementary School - Phoenix
  • Glendale High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for cable TV, electric, gas
  • The owner pays for landscaping, sewer, trash collection, water

Community Details

Overview

  • $713 per year Dock Fee
  • 2 Units
  • Building Dimensions are IRR

Building Details

  • Insurance Expense $750

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

7,492 Sq Ft Lot

Listing Details

  • Tax Municipality: Phoenix
  • Appliances Included: F/S Oven/Range, Microwave, Refrigerator
  • Construction Finish: Painted
  • Cross Street: Peoria and 19th Avenue
  • Floors: Ceramic Tile
  • Legal Info Lot Number: 2
  • Legal Info Township: 3N
  • Roads Streets: Asphalt
  • Property Type: F
  • Legal Description Abbrev: Desert Cove Ext Resub Lts 20 & 21 11-20
  • Marketing Name: Desert Cove
  • Ownership: Fee Simple
  • Uncvrd Parking Spcs: 6.00
  • Map Code Grid: M34
  • Year Built: 1954
  • Tax Year: 2011
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Unfurnished

Exterior Features

  • Exterior Amenities: Fenced
  • Roofing: Comp Shingle
  • Construction: Block

Garage/Parking

  • Parking: >1 Space Per Unit, Free, Paved Parking
  • Total Parking Spaces: 6.00

Utilities

  • Water: City Franchise
  • Electric: APS
  • Gas: SW Gas
  • Cooling: Electric
  • Heating: Electric

Condo/Co-op/Association

  • Community Amenities: No Pool

Schools

  • Elementary School: Washington Elementary School - Phoenix
  • High School: Glendale High School

Lot Info

  • Lot Size: IRR

Multi Family

  • Income And Expenses Adjusted Gross Inc: 12540.00
  • Income And Expenses Annual Ins Exp: 750.00
  • Income And Expenses Annual Maint Exp: 800.00
  • Income And Expenses Annual Mgmt Exp: 878.00
  • Income And Expenses Annual Water Sewer Exp: 1100.00
  • Income And Expenses Gross Annual Sch Inc: 13200.00
  • Income And Expenses Net Operating Income: 8299.00
  • Income And Expenses Operating Exp: 4241.00
  • Income And Expenses Totl Mnth Rntal Inc: 1100.00
  • Income And Expenses Vacancy Allowance: 0.05
  • Number Of Two Bedroom Units: 2
  • Owner Pays: Landscaping, Sewer, Trash Collection, Water
  • Tenant Pays: Cable TV, Electric, Gas
  • Total Numberof Buildings: 1
  • Total Numberof Units: 2.00
  • Two Bedroom Units Avg Rent: 550.00
  • Two Bedroom Units Avg Sq Ft: 656
  • Two Bedroom Units Baths: 1

Tax Info

  • Taxes: 713.00

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 9, 2023
Sold by
Bought by
Current Estimated Value
$349,777

Purchase Details

Listed on
May 21, 2012
Closed on
Aug 21, 2012
Sold by
Bought by
Seller's Agent
Linda Gerchick
Gerchick Real Estate
Buyer's Agent
David Eichner
Realty ONE Group
List Price
$79,900
Sold Price
$80,000
Premium/Discount to List
$100
0.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.16%
Original Mortgage
$60,000
Interest Rate
0.0353%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2011
Sold by
Bought by

Purchase Details

Closed on
Oct 12, 2010
Sold by
Bought by

Purchase Details

Closed on
Jan 29, 1997
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
-- Fidelity National Title Agency
$80,000 Clear Title Agency Of Arizon
$38,000 Lsi Title Agency Inc
$144,601 Accommodation
$55,000 Ati 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
Previous Owner $136,000
Previous Owner $60,000
Previous Owner $169,000
Previous Owner $17,500
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
08/23/2012 08/23/12 Sold $80,000 +0.1% $122 / Sq Ft
07/10/2012 07/10/12 Pending -- -- --
05/21/2012 05/21/12 For Sale $79,900 -- $122 / 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 $780 $6,140
2024 $737 $5,848
2023 $737 $24,030 $4,800 $19,230
2022 $713 $17,050 $3,410 $13,640
2021 $723 $14,680 $2,930 $11,750
2020 $704 $12,760 $2,550 $10,210
2019 $692 $10,930 $2,180 $8,750
2018 $674 $8,330 $1,660 $6,670
2017 $670 $7,280 $1,450 $5,830
2016 $658 $6,650 $1,330 $5,320
2015 $609 $5,650 $1,130 $4,520
Source: Public Records

Agents Affiliated with this Home

  • Linda Gerchick

    Seller's Agent in 2012

    Linda Gerchick

    Gerchick Real Estate

    (602) 688-9279

    4 in this area

    99 Total Sales

    Linda Gerchick
    Section Image
  • Patrick O'Sullivan

    Seller Co-Listing Agent in 2012

    Patrick O'Sullivan

    Get Multifamily

    (602) 842-5050

    1 in this area

    24 Total Sales

    Patrick O'Sullivan
    Section Image

  • D

    Buyer's Agent in 2012

    David Eichner

    Realty One Group

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4764192

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-13-084

Arizona Maricopa County Phoenix 85029 North Mountain Village

10637 N 17th Dr, 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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