NOT LISTED FOR SALE

11002 N 16th Ave Phoenix, AZ 85029

North Mountain Village Neighborhood

Estimated Value: $193,000 - $518,000

Studio
9 Baths
2,406 Sq Ft
$162/Sq Ft Est. Value

Sale Details

Date Sold: May 24, 2016

Last sale price $183,500 $76 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $2,182 / mo

3 Days on Market

About This Home

As of May 2016

Mountain views, corner lot. Approx 1.2 miles to Light Rail extension at 19th Ave. & Dunlap. Well maintained Triplex, one detached unit with its own large back yard,laundry room and carport. Very good, long term tenant, family has occupied this unit (860 Sq. Ft) for 20+ yrs, appliances belong to Tenant. Second building (duplex) each 2br/1ba units with their own laundry rooms. Unit #2 has a nice size private back yard. Slump block, easy to maintain, low maintenance desert landscaping. All units have their own private laundry room, tenants provide their own washer & dryer. All electric, no gas required.

Last Agent to Sell the Property

Joy Ivey

Floy ''Joy'' Ivey License #BR106496000 Listed on: 04/14/2016

Last Buyer's Agent

Lynn Dodd

Fathom Realty Elite License #SA017218000

Fathom Realty Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,032

Year Built

  • Built in 1981

Lot Details

  • 9,757

Home Design

  • Composition Roof
  • Built-Up Roof

Parking

  • 6 Parking Spaces
  • 3 Covered Spaces
  • Common or Shared Parking

Schools

  • Washington Elementary School - Phoenix

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Separate Meters

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Assessor Parcel Number 159-11-002-C

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are 9,800

Building Details

  • Operating Expense $4,265
  • Gross Income $24,204
  • Net Operating Income $23,647

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,032

Year Built

Built in 1981

Lot Details

9,757 Sq Ft Lot

Listing Details

  • Cross Street: 16th Ave. & Desert Cove
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Year Built: 1981
  • Tax Year: 2015
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Tax Parcel Letter: C
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Other, See Remarks, Slump Block
  • Roof: Composition, Built-Up
  • Construction:Slump Block: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Carport: Yes
  • Parking:Free: Yes
  • Parking:Street Parking: Yes
  • Parking:Attached: Yes
  • Parking:Paved Parking: Yes
  • Parking:Assigned: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool
  • Amenities: Other

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Vertical Blinds2: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes

Fee Information

  • Annual Water Sewer Expense: 2406.15

Schools

  • Elementary School: Washington Elementary School - Phoenix

Lot Info

  • Lot Size: 9,800
  • Additional Parcels: No
  • Parcel #: 159-11-002-C

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 3
  • Annual Gross Income: 24204.0
  • Insurance Expense: 827.0
  • Property Net Operating Income: 23647.2
  • Annual Operating Expense: 4264.95

Tax Info

  • Tax Annual Amount: 1031.8
  • Tax Book Number: 159.00
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2016
Closed on
May 20, 2016
Sold by
Ivey Floy
Bought by
Sellner Shirley
Seller's Agent
Joy Ivey
Floy ''Joy'' Ivey
Buyer's Agent
Lynn Dodd
Fathom Realty Elite
List Price
$182,900
Sold Price
$183,500
Premium/Discount to List
$600
0.33%
Current Estimated Value
$388,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,084
Avg. Annual Appreciation
7.82%
Original Mortgage
$137,625
Outstanding Balance
$109,273
Interest Rate
3.58%
Mortgage Type
Commercial
Estimated Equity
$279,311

Purchase Details

Closed on
Feb 4, 1997
Sold by
Griskowitz Anthony and Griskowitz Sharon Lee
Bought by
Ivey Floy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
7.9%
Mortgage Type
Commercial
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
Sellner Shirley $183,500 Old Republic Title Agency
Ivey Floy $87,500 First American Title
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 Sellner Shirley $137,625
Previous Owner Ivey Floy $78,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2016 05/24/16 Sold $183,500 +0.3% $76 / Sq Ft
04/17/2016 04/17/16 Pending -- -- --
04/14/2016 04/14/16 For Sale $182,900 -- $76 / 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 $1,321 $10,399 -- --
2024 $1,249 $9,904 -- --
2023 $1,249 $39,450 $7,890 $31,560
2022 $1,208 $27,570 $5,510 $22,060
2021 $1,224 $23,680 $4,730 $18,950
2020 $1,193 $21,410 $4,280 $17,130
2019 $1,171 $18,660 $3,730 $14,930
2018 $1,141 $15,570 $3,110 $12,460
2017 $1,135 $12,520 $2,500 $10,020
2016 $1,114 $11,880 $2,370 $9,510
2015 $1,032 $10,020 $2,000 $8,020
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Joy Ivey

    Floy ''Joy'' Ivey

  • Lynn Dodd

    Buyer's Agent in 2016

    Lynn Dodd

    Fathom Realty Elite

    (602) 561-7873

    1 in this area

    58 Total Sales

    Lynn Dodd
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5428025

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-11-002C

Arizona Maricopa County Phoenix 85029 North Mountain Village

11002 N 16th Ave, 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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