NOT LISTED FOR SALE

11026 N 16th Ave Unit 1 Phoenix, AZ 85029

North Mountain Village Neighborhood

Estimated Value: $431,311 - $463,000

-- Bed
3 Baths
2,000 Sq Ft
$223/Sq Ft Est. Value

Last Sold June 11, 2013

Last sale price $140,000 $70 Per Sq Ft

Est. 218% increase in value since last sale

Current estimated payment $2,461/month

3 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Sunnyslope High School Rated A
  • Ceiling Fan

About This Home

As of June 2013

IMMACULATE TRIPLEX. ALL UNITS ARE CURRENTLY OCCUPIED WITH WELL-SEASONED TENANTS. TENANTS LIKE THE PLACE AND STAY ON AND ON. OWNER TAKES PRIDE IN MAINTAINING THIS PROPERTY..PARKING AREA HAS RE-PAVED ALONG WITH A RETAINING WALLS BUILT IN 2004. IT'S CLOSE TO EVERY THING BY CAR OR BUS; 1-17 METRO CENTER MALL, SHOPPING, SCHOOLS, PARKS, HIKING TRAILS AND THE PHOENIX MOUNTAIN PRESERVE. PLEASE DRIVE BY AND TAKE A LOOK. GREAT OPPORTUNITY WITH INTEREST RATES SO LOW TO MAKE A GREAT INVESTMENT!

Last Agent to Sell the Property

Ollie Arbogast

ProSmart Realty License #SA643939000 Listed on: 05/24/2013

ProSmart Realty

Last Buyer's Agent

Michael McGee

Award Realty License #SA560089000

Award Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $732

Year Built

  • Built in 1981

Lot Details

  • 8,712

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Paved Parking

Schools

  • Washington Elementary School - Phoenix
  • Mountain Sky Middle School
  • Glendale High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 1
  • Assessor Parcel Number 159-11-023-B

Community Details

Overview

  • 3 Units
  • Building Dimensions are 0.2 ACRES/8712SF

Building Details

  • Operating Expense $6,461
  • Gross Income $5,691

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$732

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Cross Street: 19TH AVE & CACTUS
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1981
  • Tax Year: 2012
  • Directions: SOUTH ON 19TH AVE TO SHANGRI LA RD. TURN EAST ON SHANGRI LA RD. TO 19TH AVE., THEN TURN SOUTH ON 16TH AVE TO TRIPLEX.
  • Road Surface Type: Concrete
  • Professional Management Expense: 600.0
  • Tax Parcel Letter: B
  • Cooling:Ceiling Fan(s): Yes
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: F/S Oven/Range, Microwave, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Brick Veneer, Brick
  • Roof: Composition

Garage/Parking

  • Parking Features: Paved Parking
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Electric, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Vertical Blinds2: Yes
  • Interior Amenities:Drapes2: Yes

Fee Information

  • Annual Water Sewer Expense: 1513.0

Schools

  • Elementary School: Washington Elementary School - Phoenix
  • High School: Glendale High School
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Mountain Sky Middle School

Lot Info

  • Lot Size: 0.2 ACRES/8712SF
  • Additional Parcels: No
  • Parcel #: 159-11-023-B

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 3
  • Annual Gross Income: 5691.0
  • Insurance Expense: 537.0
  • Maintenance Expense: 2880.0
  • Annual Operating Expense: 6461.42

Tax Info

  • Tax Annual Amount: 732.42
  • Tax Book Number: 159.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2021
Sold by
Foote Jarrett and Foote Kelsey
Bought by
16Th Ave Apts Llc
Current Estimated Value
$445,078

Purchase Details

Closed on
Apr 5, 2021
Sold by
Mofid Vahid
Bought by
Foote Jarrett and Foote Kelsey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 24, 2013
Closed on
Jun 6, 2013
Sold by
Newton Marie L
Bought by
Mofid Vahid
Seller's Agent
Ollie Arbogast
ProSmart Realty
Buyer's Agent
Michael McGee
Award Realty
List Price
$150,000
Sold Price
$140,000
Premium/Discount to List
-$10,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.83%

Purchase Details

Closed on
Sep 16, 2009
Sold by
Newton Marie Louise
Bought by
Newton Family Trust

Purchase Details

Closed on
Jun 3, 2009
Sold by
Newton Marie L
Bought by
Newton Marie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,023
Interest Rate
4.82%
Mortgage Type
VA

Purchase Details

Closed on
Sep 20, 2006
Sold by
Newton Marie L
Bought by
Newton Marie L and The Newton Family Trust

Purchase Details

Closed on
Dec 16, 2005
Sold by
Newton Marie L
Bought by
Newton William H and Newton Marie L

Purchase Details

Closed on
Dec 15, 2001
Sold by
Newton William H
Bought by
Newton Marie L

Purchase Details

Closed on
Sep 2, 1998
Sold by
Goodman Joseph D and Goodman Margaret E
Bought by
Newton William H and Newton Marie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.88%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Average Value
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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
16Th Ave Apts Llc -- None Available
Foote Jarrett $364,000 Clear Title Agency Of Az
Mofid Vahid $140,000 Title365 Agency
Newton Family Trust -- None Available
Newton Marie L -- Netco
Newton Marie L -- None Available
Newton William H -- --
Newton Marie L -- --
Newton William H $80,500 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Foote Jarrett $273,000
Previous Owner Newton Marie L $57,023
Previous Owner Newton William H $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2013 06/11/13 Sold $140,000 -6.7% $70 / Sq Ft
05/27/2013 05/27/13 Pending -- -- --
05/24/2013 05/24/13 For Sale $150,000 -- $75 / 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 $1,104 $9,026 -- --
2024 $1,084 $8,597 -- --
2023 $1,084 $33,950 $6,790 $27,160
2022 $1,049 $24,150 $4,830 $19,320
2021 $1,062 $20,580 $4,110 $16,470
2020 $1,036 $18,510 $3,700 $14,810
2019 $1,017 $16,180 $3,230 $12,950
2018 $990 $13,500 $2,700 $10,800
2017 $985 $10,800 $2,160 $8,640
2016 $967 $10,200 $2,040 $8,160
2015 $896 $8,580 $1,710 $6,870
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2013

    Ollie Arbogast

    ProSmart Realty

    Section Image
  • Michael McGee

    Buyer's Agent in 2013

    Michael McGee

    Award Realty

    (602) 625-4567

    35 Total Sales

    Michael McGee
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4942296

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-11-023B

Arizona Maricopa County Phoenix 85029 North Mountain Village

11026 N 16th Ave Unit 1, Phoenix, AZ

This home is located at 11026 N 16th Ave Unit 1, Phoenix, AZ 85029 since 24 May 2013 and is currently estimated at $445,078, approximately $222 per square foot. This property was built in 1981. 11026 N 16th Ave Unit 1 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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