Seller's Agent in 2013
Monica Thomas
HomeSmart
(602) 550-5003
7 Total Sales
11002 N 15th Ave Phoenix, AZ 85029
North Mountain Village NeighborhoodEstimated Value: $477,383 - $614,000
Studio
--
Bath
3,300
Sq Ft
$169/Sq Ft
Est. Value
Highlights
- Central Air
- Ceiling Fan
- Heat Pump System
- Sunnyslope High School Rated A
About This Home
As of February 2013GREAT INVESTMENT OPPORTUNITY. THIS 4 FLEX IS VERY LOW MAINTENANCE AND HAS BEEN WELL CARED FOR. IN 2011 THE ROOF AND A/C UNITS WERE REPLACED AND THE EXTERIOR WAS PAINTED. ALL UNITS ARE INDIVIDUALLY METERED FOR GAS AND ELECTRIC. THERE IS ALSO A COIN OP WASHER AND DRYER FOR ADDITIONAL MONTHLY INCOME. CARPORT, STORAGE ROOMS, PRIVATE PATIOS AND BALCONY FOR EACH UNIT.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,067
Year Built
- Built in 1983
Lot Details
- 9,583
Home Design
- Wood Frame Construction
- Tile Roof
- Foam Roof
- Block Exterior
- Stucco
Interior Spaces
- Ceiling Fan
Parking
- 12 Parking Spaces
- 6 Covered Spaces
- Common or Shared Parking
- Assigned Parking
Schools
- Washington Elementary School - Phoenix
- Glendale High School
Utilities
- Central Air
- Heat Pump System
- Individual Controls for Heating
Listing and Financial Details
- Tenant pays for cable TV
- The owner pays for trash collection, water, sewer, landscaping
- Tax Lot 3
- Assessor Parcel Number 159-11-020-B
Community Details
Overview
- 4 Units
- Building Dimensions are 9583
Building Details
- Operating Expense $6,799
- Gross Income $26,700
- Net Operating Income $24,812
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 20, 2013
Closed on
Feb 25, 2013
Sold by
Kudu Properties Llc
Bought by
Lasser Enterprises Llc
Seller's Agent
Monica Thomas
HomeSmart
Buyer's Agent
Rick Horst
Keller Williams Arizona Realty
List Price
$189,000
Sold Price
$184,000
Premium/Discount to List
-$5,000
-2.65%
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
$358,584
Avg. Annual Appreciation
8.82%
Purchase Details
Closed on
Mar 15, 2011
Sold by
Reiter Jeffrey and Reiter Babara
Bought by
Kudu Properties Llc
Purchase Details
Closed on
Aug 4, 2010
Sold by
First Sunride Group Llc
Bought by
Baltes David and Baltes Kathie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.52%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 22, 2010
Sold by
Baltes David and Baltes Kathie
Bought by
Reiter Jeffrey and Reiter Barbara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.52%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 29, 2006
Sold by
Baltes David and Baltes Kathie
Bought by
First Sunride Group Llc
Purchase Details
Closed on
May 22, 2006
Sold by
Ladd Nelson S
Bought by
Baltes David and Baltes Kathie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,900
Interest Rate
3%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Sep 9, 1998
Sold by
Ladd Nelson S
Bought by
Ladd Nelson S and The Nelson S Ladd Revocable Family Trust
Purchase Details
Closed on
May 27, 1994
Sold by
Ladd Apartments Ii Ltd
Bought by
Ladd Nelson S
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lasser Enterprises Llc | $184,000 | Magnus Title Agency | |
| Kudu Properties Llc | -- | Accommodation | |
| Baltes David | -- | Great American Title Agency | |
| Reiter Jeffrey | $100,000 | Great American Title Agency | |
| First Sunride Group Llc | -- | Chicago Title Insurance Co | |
| Baltes David | $369,900 | Tsa Title Agency | |
| Ladd Nelson S | -- | -- | |
| Ladd Nelson S | $40,332 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Reiter Jeffrey | $75,000 | |
| Previous Owner | Baltes David | $295,900 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/28/2013 02/28/13 | Sold | $184,000 | -2.6% | $56 / Sq Ft |
| 01/25/2013 01/25/13 | Pending | -- | -- | -- |
| 01/20/2013 01/20/13 | For Sale | $189,000 | -- | $57 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
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 | $1,485 | $11,684 | -- | -- |
| 2024 | $1,403 | $11,127 | -- | -- |
| 2023 | $1,403 | $50,150 | $10,030 | $40,120 |
| 2022 | $1,357 | $35,170 | $7,030 | $28,140 |
| 2021 | $1,375 | $28,780 | $5,750 | $23,030 |
| 2020 | $1,340 | $25,360 | $5,070 | $20,290 |
| 2019 | $1,316 | $22,270 | $4,450 | $17,820 |
| 2018 | $1,282 | $18,560 | $3,710 | $14,850 |
| 2017 | $1,275 | $16,130 | $3,220 | $12,910 |
| 2016 | $1,252 | $15,380 | $3,070 | $12,310 |
Source: Public Records
Agents Affiliated with this Home
-
Monica Thomas
-
Rick Horst
Buyer's Agent in 2013
Rick Horst
Keller Williams Arizona Realty
(480) 767-3014
3 in this area
31 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 4877923
APN: 159-11-020B
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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