NOT LISTED FOR SALE

11211 N 16th Ave Phoenix, AZ 85029

North Mountain Village Neighborhood

Estimated Value: $458,000 - $521,000

6 Beds
-- Bath
2,067 Sq Ft
$237/Sq Ft Est. Value

Last Sold December 07, 2020

Last sale price $351,500 $170 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,694/month

20 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas
  • Sunnyslope High School Rated A

About This Home

As of December 2020

Building has three 2 bedroom, 1 bath units. Roof replaced in March 2020. Partial remodels completed on all three units, including new bathroom vanities and kitchen countertops in 2 units. The vacant unit is freshly painted with new blinds, new counters, new kitchen sink and faucet. Unit 3 is the only unit with a dishwasher. Each unit has a private patio and there is a small common yard on the East side of the property. Owner pays water, sewer, and trash. Each unit has washer/dryer hookups on the patio. Great location. Close to public transit and freeways. Trailhead into Phoenix Mountain Preserve at end of cul-de-sac, which is a great marketing feature for prospective tenants. Property is eligible for FHA owner occupied financing.

Last Agent to Sell the Property

Rebecca Nystrom

Nystrom Realty License #BR547074000 Listed on: 10/08/2020

Last Buyer's Agent

Tanya Toliver

SERHANT. License #BR680323000

SERHANT.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $939

Year Built

  • Built in 1959

Lot Details

  • 9,322

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Shaw Butte Elementary School
  • Royal Palm Middle School
  • Sunnyslope High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Assessor Parcel Number 159-11-007-M

Community Details

Overview

  • 3 Units
  • Building Dimensions are 11326

Building Details

  • Operating Expense $5,959
  • Gross Income $29,070
  • Net Operating Income $24,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$939

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Cross Street: 19th Ave and Peoria
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1959
  • Tax Year: 2020
  • Directions: North on 19th Ave to Shangri La, East to 16th Ave, North into cul-de-sac, home is on the right, the south building
  • Road Surface Type: Asphalt
  • Tax Parcel Letter: M
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Fee Information

  • Annual Water Sewer Expense: 2520.0

Schools

  • Elementary School: Shaw Butte School
  • High School: Sunnyslope High School
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Royal Palm Middle School

Lot Info

  • Lot Size: 11326
  • Additional Parcels: No
  • Parcel #: 159-11-007-M

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 3
  • Annual Gross Income: 29070.0
  • Insurance Expense: 1500.0
  • Maintenance Expense: 750.0
  • Property Net Operating Income: 24200.0
  • Annual Operating Expense: 5959.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 939.0
  • Tax Book Number: 159.00
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2020
Closed on
Dec 2, 2020
Sold by
11211 N 16 Ave Llc
Bought by
Rozen David William
Seller's Agent
Rebecca Nystrom
Nystrom Realty
Buyer's Agent
Tanya Toliver
SERHANT.
List Price
$350,000
Sold Price
$351,500
Premium/Discount to List
$1,500
0.43%
Current Estimated Value
$490,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,050
Avg. Annual Appreciation
7.14%
Original Mortgage
$345,132
Outstanding Balance
$307,818
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$182,732

Purchase Details

Closed on
Feb 2, 2018
Sold by
Nystrom Rebecca A
Bought by
11211 N 16 Ave Llc

Purchase Details

Listed on
Jun 24, 2017
Closed on
Jul 26, 2017
Sold by
Cho Young
Bought by
Nystrom Rebecca A
Seller's Agent
Jon Dzwonkoski
Greater Phoenix Management
Buyer's Agent
Rebecca Nystrom
Nystrom Realty
List Price
$194,500
Sold Price
$200,000
Premium/Discount to List
$5,500
2.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.62%
Original Mortgage
$196,377
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 2, 2012
Closed on
Oct 16, 2012
Sold by
Cho Toyoung
Bought by
Cho Young J
Seller's Agent
Terry Kass
Coldwell Banker Commercial Realty
Buyer's Agent
Terry Kass
Coldwell Banker Commercial Realty
List Price
$135,000
Sold Price
$115,000
Premium/Discount to List
-$20,000
-14.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.19%
Original Mortgage
$92,000
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 6, 2010
Sold by
Wasta Llc
Bought by
Famp Investments Llc

Purchase Details

Closed on
Apr 7, 2010
Sold by
Aurora Loan Services Llc
Bought by
Wasta Llc

Purchase Details

Closed on
Mar 4, 2010
Sold by
Lopez Jesus F
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Feb 16, 2007
Sold by
Fox Harold G and Fox Alice T
Bought by
Lopez Jesus F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,500
Interest Rate
6.21%
Mortgage Type
Stand Alone Second
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
Rozen David William $351,500 Grand Canyon Title Agency
11211 N 16 Ave Llc -- None Available
12431 W Rancho Dr Llc -- None Available
Nystrom Rebecca A $200,000 Pioneer Title Agency Inc
Cho Young J -- None Available
Cho Young $115,000 Chicago Title Agency Inc
Famp Investments Llc $72,500 American Title Service Agenc
Wasta Llc $52,700 North American Title Company
Aurora Loan Services Llc $179,229 Accommodation
Lopez Jesus F $210,000 Guaranty Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rozen David William $345,132
Previous Owner Nystrom Rebecca A $196,377
Previous Owner Cho Young $92,000
Previous Owner Lopez Jesus F $31,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/07/2020 12/07/20 Sold $351,500 +0.4% $170 / Sq Ft
10/29/2020 10/29/20 Price Changed $350,000 0.0% $169 / Sq Ft
10/28/2020 10/28/20 Pending -- -- --
10/27/2020 10/27/20 For Sale $350,000 0.0% $169 / Sq Ft
10/13/2020 10/13/20 Pending -- -- --
10/08/2020 10/08/20 For Sale $350,000 +75.0% $169 / Sq Ft
08/10/2017 08/10/17 Sold $200,000 +2.8% $97 / Sq Ft View Prior Sale
06/25/2017 06/25/17 Pending -- -- --
06/23/2017 06/23/17 For Sale $194,500 +69.1% $94 / Sq Ft
10/18/2012 10/18/12 Sold $115,000 -14.8% $167 / Sq Ft View Prior Sale
09/01/2012 09/01/12 Pending -- -- --
04/02/2012 04/02/12 For Sale $135,000 -- $196 / 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 $1,001 $8,182 -- --
2024 $982 $7,792 -- --
2023 $982 $32,700 $6,540 $26,160
2022 $951 $23,370 $4,670 $18,700
2021 $963 $20,070 $4,010 $16,060
2020 $939 $17,660 $3,530 $14,130
2019 $922 $15,270 $3,050 $12,220
2018 $897 $12,700 $2,540 $10,160
2017 $893 $9,910 $1,680 $8,230
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Rebecca Nystrom

    Nystrom Realty

    Section Image
  • Tanya Toliver

    Buyer's Agent in 2020

    Tanya Toliver

    SERHANT.

    (623) 680-6022

    4 in this area

    127 Total Sales

    Tanya Toliver
    Section Image

  • J

    Seller's Agent in 2017

    Jon Dzwonkoski

    Greater Phoenix Management

  • Terry Kass

    Seller's Agent in 2012

    Terry Kass

    Coldwell Banker Commercial Realty

    (602) 330-2525

    1 in this area

    23 Total Sales

    Terry Kass
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6143575

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-11-007M

Arizona Maricopa County Phoenix 85029 North Mountain Village

11211 N 16th Ave, Phoenix, AZ

This home is located at 11211 N 16th Ave, Phoenix, AZ 85029 since 08 October 2020 and is currently estimated at $490,550, approximately $237 per square foot. This property was built in 1959. 11211 N 16th Ave 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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