NOT LISTED FOR SALE

1115 E Mclellan Blvd Phoenix, AZ 85014

Camelback East Village Neighborhood

Estimated Value: $929,000 - $942,000

4 Beds
-- Bath
1,254 Sq Ft
$748/Sq Ft Est. Value

Last Sold July 15, 2024

Last sale price $930,000 $742 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,306/month

263 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Ceiling Fan
  • Madison Richard Simis School Rated A-

About This Home

As of July 2024

Located in one of the most sought-after areas of Central Phoenix, this charming property offers entry into a market where new larger-scale multi-family properties are being built. This high-demand area is highly sought after due to its proximity to large employment centers and easy access to the 51 and downtown.

Last Agent to Sell the Property

Daniel Feld

Rocket Realty License #BR112394000 Listed on: 10/04/2023

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,282

Year Built

  • Built in 1960

Lot Details

  • 10,542

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • On-Street Parking

Schools

  • Madison Elementary School
  • Madison #1 Middle School
  • North High School

Utilities

  • Central Heating and Cooling System
  • Heating unit installed on the ceiling
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 009
  • Assessor Parcel Number 161-06-009-B

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 10560
  • Bellamy Acres Subdivision

Building Details

  • Operating Expense $8,192
  • Gross Income $67,228
  • Net Operating Income $57,076

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,282

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Cross Street: 12th street and Maryland
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1960
  • Tax Year: 2022
  • Directions: North to Mclellan property on the south side of the road
  • Road Surface Type: Dedicated Street
  • Subdivision Name: BELLAMY ACRES
  • Tax Parcel Letter: B
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Other (See Remarks), Washer/Dryer
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Other (See Remarks)56: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: 1 Space/Unit, Street Parking
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Street Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Ceiling Fan(s), Electric, Heat Pump, Central A/C
  • Heating: Central, Heat Pump, Electric, Ceiling
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Ceiling: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: Other, No Pool

Association/Amenities

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

Fee Information

  • Annual Water Sewer Expense: 2400.0

Schools

  • Elementary School: Madison Elementary School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Madison #1 Middle School

Lot Info

  • Lot Size: 10560
  • Additional Parcels: No
  • Parcel #: 161-06-009-B

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Annual Gross Income: 67228.0
  • Insurance Expense: 1350.0
  • Property Net Operating Income: 57076.0
  • Annual Operating Expense: 8192.0

Tax Info

  • Tax Annual Amount: 2282.0
  • Tax Book Number: 161.00
  • Tax Lot: 009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2023
Closed on
Jul 15, 2024
Sold by
Saks Shani S
Bought by
Sierra Vistas Llc
Seller's Agent
Daniel Feld
Rocket Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$1,250,000
Sold Price
$930,000
Premium/Discount to List
-$320,000
-25.6%
Views
32
Current Estimated Value
$937,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,399
Avg. Annual Appreciation
2.73%

Purchase Details

Closed on
Jun 17, 2016
Sold by
Heartland Properties Llc
Bought by
Saks Shani S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,437
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2015
Sold by
Wilmington Trust Company
Bought by
Heartland Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2014
Sold by
Montoya Ronda and Montoya Thomas
Bought by
Wilmington Trust Company

Purchase Details

Closed on
Mar 11, 2014
Sold by
Desert Valley Assisted Living Llc
Bought by
Saber Developments Llc

Purchase Details

Closed on
Mar 12, 2012
Sold by
Hill Tyrone
Bought by
Valley Assisted Living Llc

Purchase Details

Closed on
Dec 1, 2011
Sold by
Desert Valley Assisted Living Llc
Bought by
Hill Tyrone

Purchase Details

Closed on
Apr 23, 2007
Sold by
Mcleod June L
Bought by
Montoya Thomas and Montoya Ronda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,200
Interest Rate
6.14%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 10, 1998
Sold by
Bishop Robert E and Bishop Mary M
Bought by
Mcleod June L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,957
Interest Rate
7.11%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 20, 1996
Sold by
Saville Stephen J
Bought by
Stuart Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
7.84%
Mortgage Type
Commercial
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
Sierra Vistas Llc $930,000 Pioneer Title
Saks Shani S -- American Title Svc Agency Ll
Heartland Properties Llc $231,000 Stewart Title
Wilmington Trust Company $247,000 None Available
Saber Developments Llc -- None Available
Valley Assisted Living Llc -- None Available
Hill Tyrone -- None Available
Montoya Thomas $286,000 Sonoran Title Services Inc
Mcleod June L $125,000 Capital Title Agency
Stuart Patricia A $115,000 United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saks Shani S $336,400
Previous Owner Saks Shani S $336,000
Previous Owner Saks Shani S $198,437
Previous Owner Heartland Properties Llc $190,000
Previous Owner Montoya Thomas $57,200
Previous Owner Montoya Thomas $228,800
Previous Owner Mcleod June L $213,500
Previous Owner Mcleod June L $123,957
Previous Owner Stuart Patricia A $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2024 07/15/24 Sold $930,000 -15.5% $742 / Sq Ft
06/24/2024 06/24/24 Pending -- -- --
04/14/2024 04/14/24 Price Changed $1,100,000 -12.0% $877 / Sq Ft
04/05/2024 04/05/24 For Sale $1,250,000 +34.4% $997 / Sq Ft
03/20/2024 03/20/24 Off Market $930,000 -- --
03/20/2024 03/20/24 For Sale $1,250,000 +34.4% $997 / Sq Ft
01/04/2024 01/04/24 Off Market $930,000 -- --
10/04/2023 10/04/23 For Sale $1,250,000 -- $997 / 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 $2,496 $20,096 -- --
2024 $2,429 $19,139 -- --
2023 $2,429 $56,260 $11,250 $45,010
2022 $2,282 $44,710 $8,940 $35,770
2021 $2,308 $38,810 $7,760 $31,050
2020 $2,272 $32,180 $6,430 $25,750
2019 $2,221 $27,480 $5,490 $21,990
2018 $2,166 $24,660 $4,930 $19,730
2017 $2,062 $21,360 $4,270 $17,090
2016 $1,990 $18,070 $3,610 $14,460
2015 $1,849 $17,370 $3,470 $13,900
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    Daniel Feld

    Rocket Realty

    (602) 920-3131

    16 in this area

    29 Total Sales

    Daniel Feld
    Section Image

  • N

    Buyer's Agent in 2024

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6612589

Arizona Regional Multiple Listing Service (ARMLS)

APN: 161-06-009B

Arizona Maricopa County Phoenix 85014 Camelback East Village

1115 E Mclellan Blvd, Phoenix, AZ

This home is located at 1115 E Mclellan Blvd, Phoenix, AZ 85014 since 04 October 2023 and is currently estimated at $937,399, approximately $747 per square foot. This property was built in 1960. 1115 E Mclellan Blvd is a home located in Maricopa County with nearby schools including Madison Richard Simis School, Madison Meadows School, and Phoenix Coding Academy.

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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