NOT LISTED FOR SALE

1138 E Devonshire Ave Phoenix, AZ 85014

Estimated Value: $264,000 - $969,543

-- Bed
4 Baths
1,140 Sq Ft
$628/Sq Ft Est. Value

Last Sold November 27, 2017

Last sale price $450,000 $395 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,869/month

17 Days on Market

Highlights

  • Evaporated cooling system
  • Concrete Flooring
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A

About This Home

As of November 2017

This VALUE ADD listing includes 1132/1138 Devonshire (two parcels). There are two 2/1 Houses and five 1/1 total. This must be sold with 1125 Devonshire which is across the street for a total of 19 Units. Owner may Carry. Owner will carry all 19 units for long term 20-30 yr carry with 500k down and 5.5% Interest.

Last Agent to Sell the Property

Michelle Hoogendoorn

Better Homes & Gardens Real Estate SJ Fowler License #SA550923000 Listed on: 10/10/2017

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

jeanne davidson

HomeSmart License #BR631128000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,016

Year Built

  • Built in 1948

Lot Details

  • 7,100

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Concrete Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 5
  • Assessor Parcel Number 155-15-089

Community Details

Overview

  • 4 Buildings
  • 7 Units
  • Building Dimensions are irr
  • Los Indios Lots 9&10 Subdivision

Building Details

  • Operating Expense $2,016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,016

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Cross Street: 12 th Street & Indian School Rd
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R5
  • Number Of Buildings: 4
  • Year Built: 1948
  • Tax Year: 623
  • Road Surface Type: Asphalt, Dedicated Street
  • Subdivision Name: LOS INDIOS LOTS 9&10
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

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

Garage/Parking

  • 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:Street Parking: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS
  • Cooling: Evaporative Cooling
  • 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

  • Community Amenities:No Pool: Yes

Lot Info

  • Lot Size: irr
  • Additional Parcels: No
  • Parcel #: 155-15-089

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 7
  • Annual Operating Expense: 2016.0

Tax Info

  • Tax Annual Amount: 2016.0
  • Tax Book Number: 155.00
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2020
Sold by
Tirado Wendy
Bought by
Fox James
Total Days on Market
17
Current Estimated Value
$716,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$527,250
Outstanding Balance
$474,229
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$216,185

Purchase Details

Listed on
Oct 10, 2017
Closed on
Nov 15, 2017
Sold by
Devonshire Ventures Llc
Bought by
Palmetto Cottages Lp
Seller's Agent
Michelle Hoogendoorn
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
jeanne davidson
HomeSmart
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.83%
Original Mortgage
$360,000
Interest Rate
3.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 2009
Sold by
Noren Timothy S and Noren Susan
Bought by
Hicks Joseph H and Hicks Rebecca S

Purchase Details

Closed on
Oct 6, 1998
Sold by
Priority Investments Inc
Bought by
Noren Timothy S and Noren Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,400
Interest Rate
6.88%
Mortgage Type
Commercial

Purchase Details

Closed on
May 7, 1998
Sold by
Jkm Trading Corp
Bought by
Five Star Inv Inc

Purchase Details

Closed on
Oct 19, 1995
Sold by
Hackenson Hilda and Dominguez Enedelia
Bought by
Shayne Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,443
Interest Rate
7.59%
Mortgage Type
Seller Take Back
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
Fox James -- Thomas Title And Escrow Agcy
Fox Benjamin Jason $703,000 Thomas Title And Escrow
Palmetto Cottages Lp $450,000 Chicago Title Agency Inc
Hicks Joseph H -- Chicago Title
Noren Timothy S $85,000 Stewart Title & Trust
Priority Investments Inc -- Stewart Title & Trust
Five Star Inv Inc -- --
Shayne Enterprises Inc $116,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fox James $527,250
Previous Owner Palmetto Cottages Lp $360,000
Previous Owner Noren Timothy S $51,110
Previous Owner Noren Timothy S $70,400
Previous Owner Shayne Enterprises Inc $15,443
Closed Hicks Joseph H $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2017 11/27/17 Sold $450,000 0.0% $395 / Sq Ft
10/26/2017 10/26/17 Pending -- -- --
10/09/2017 10/09/17 For Sale $450,000 -- $395 / 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 $798 $6,359 -- --
2024 $771 $6,056 -- --
2023 $771 $42,750 $8,550 $34,200
2022 $767 $30,560 $6,110 $24,450
2021 $780 $25,560 $5,110 $20,450
2020 $760 $16,450 $3,290 $13,160
2019 $727 $14,250 $2,850 $11,400
2018 $703 $11,430 $2,280 $9,150
2017 $645 $11,130 $2,220 $8,910
2016 $623 $8,100 $1,620 $6,480
2015 $579 $6,120 $1,220 $4,900
Source: Public Records

Agents Affiliated with this Home

  • Michelle Hoogendoorn

    Seller's Agent in 2017

    Michelle Hoogendoorn

    Better Homes & Gardens Real Estate SJ Fowler

    (480) 829-3460

    18 Total Sales

    Michelle Hoogendoorn
    Section Image
  • jeanne davidson

    Buyer's Agent in 2017

    jeanne davidson

    HomeSmart

    (602) 826-3697

    11 Total Sales

    jeanne davidson
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5672111

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-15-089

Arizona Maricopa County Phoenix 85014

1138 E Devonshire Ave, Phoenix, AZ

This home is located at 1138 E Devonshire Ave, Phoenix, AZ 85014 since 10 October 2017 and is currently estimated at $716,386, approximately $628 per square foot. This property was built in 1948. 1138 E Devonshire Ave is a home located in Maricopa County with nearby schools including Longview Elementary School, Osborn Middle 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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