NOT LISTED FOR SALE

11237 N 18th Dr Phoenix, AZ 85029

North Mountain Village Neighborhood

Estimated Value: $316,000 - $486,000

-- Bed
-- Bath
1,136 Sq Ft
$336/Sq Ft Est. Value

Last Sold March 31, 2017

Last sale price $162,500 $143 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $2,102/month

9 Days on Market

Highlights

  • Cooling Available
  • Concrete Flooring
  • Heat Pump System
  • Sunnyslope High School Rated A

About This Home

As of March 2017

2004 year built duplex located at end of cul de sac. Building is situated on a large lot. Each unit features 3 bedrooms and 1 bath. Close to freeway and shopping. Great income opportunity for a small time investor. Photos are from back unit. Front unit identical--just reversed. Buyer and selling agent to verify all information, measurements and square footage.

Last Agent to Sell the Property

Theresa Szabo

Coldwell Banker Realty License #SA666273000 Listed on: 02/21/2017

Coldwell Banker Realty

Last Buyer's Agent

Theresa Szabo

Coldwell Banker Realty License #SA666273000 Listed on: 02/21/2017

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $768

Year Built

  • Built in 2004

Lot Details

  • 0.25

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Metal Construction or Metal Frame
  • Stucco

Flooring

  • Concrete Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Assessor Parcel Number 159-12-037-M

Community Details

Overview

  • 2 Units
  • Building Dimensions are 10,890 sq. ft.

Building Details

  • Operating Expense $4,164
  • Gross Income $18,000
  • Net Operating Income $14,604

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$768

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Cross Street: 19th St. and Shangri-la
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2004
  • Tax Year: 2016
  • Directions: 17 to Cactus. East on Cactus to 19th St. Rt. on 19th to Shangri-la. Lt. on Shangri-la. Lt on 18th.
  • Road Surface Type: Dedicated Street
  • Tax Parcel Letter: M
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Stucco, Frame - Metal, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Frame - Metal: Yes

Garage/Parking

  • Parking Features: >1 Space Per 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
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Heat Pump
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Interior Amenities:Other (See Remarks)51: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes

Fee Information

  • Annual Water Sewer Expense: 2830.0

Schools

  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: 10,890 sq. ft.
  • Additional Parcels: No
  • Parcel #: 159-12-037-M

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 2
  • Annual Gross Income: 18000.0
  • Insurance Expense: 566.0
  • Property Net Operating Income: 14604.0
  • Annual Operating Expense: 4164.04

Tax Info

  • Tax Annual Amount: 768.04
  • Tax Book Number: 159.00
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 25, 2019
Sold by
Rosenfeld Brad Harrison
Bought by
Garcia Jorge Alfredo and Garcia Claudia
Current Estimated Value
$381,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,200
Outstanding Balance
$202,367
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$178,837

Purchase Details

Listed on
Feb 21, 2017
Closed on
Mar 30, 2017
Sold by
Despie Darryl and Darryl Despie Family Trust Of
Bought by
Rosenfeld Brad Harrison
Seller's Agent
Theresa Szabo
Coldwell Banker Realty
Buyer's Agent
Theresa Szabo
Coldwell Banker Realty
List Price
$159,000
Sold Price
$162,500
Premium/Discount to List
$3,500
2.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.53%

Purchase Details

Closed on
Feb 10, 2006
Sold by
Despie Darryl
Bought by
Despie Darryl and Darryl Despie Family Trust

Purchase Details

Closed on
May 18, 2005
Sold by
Khan Jared
Bought by
Despie Darryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,900
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 5, 2004
Sold by
Star Development Corp
Bought by
Khan Jared

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,400
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2004
Sold by
Sandberg Michael J
Bought by
Star Development Corp
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
Garcia Jorge Alfredo $276,500 Security Title Agency Inc
Rosenfeld Brad Harrison $162,500 Equity Title Agency Inc
Despie Darryl -- Fidelity Title
Despie Darryl $209,900 Security Title Agency Inc
Khan Jared $163,000 Grand Canyon Title Agency In
Star Development Corp $25,000 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Jorge Alfredo $221,200
Previous Owner Despie Darryl $167,900
Previous Owner Khan Jared $130,400
Closed Khan Jared $24,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2017 03/31/17 Sold $162,500 +2.2% $143 / Sq Ft
03/27/2017 03/27/17 For Sale $159,000 0.0% $140 / Sq Ft
03/27/2017 03/27/17 Price Changed $159,000 0.0% $140 / Sq Ft
02/21/2017 02/21/17 For Sale $159,000 -- $140 / 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 $877 $7,168 -- --
2024 $861 $6,827 -- --
2023 $861 $24,100 $4,820 $19,280
2022 $833 $16,820 $3,360 $13,460
2021 $843 $14,570 $2,910 $11,660
2020 $822 $13,230 $2,640 $10,590
2019 $807 $11,270 $2,250 $9,020
2018 $786 $9,500 $1,900 $7,600
2017 $782 $7,550 $1,510 $6,040
2016 $768 $7,200 $1,440 $5,760
2015 $711 $5,830 $1,160 $4,670
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    Theresa Szabo

    Coldwell Banker Realty

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5565615

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-12-037M

Arizona Maricopa County Phoenix 85029 North Mountain Village

11237 N 18th Dr, Phoenix, AZ

This home is located at 11237 N 18th Dr, Phoenix, AZ 85029 since 21 February 2017 and is currently estimated at $381,204, approximately $335 per square foot. This property was built in 2004. 11237 N 18th Dr 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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