NOT LISTED FOR SALE

1216 E Ruth Ave Phoenix, AZ 85020

North Central Neighborhood

Estimated Value: $360,000 - $431,000

3 Beds
2 Baths
1,260 Sq Ft
$314/Sq Ft Est. Value

Last Sold July 19, 2013

Last sale price $120,000 $95 Per Sq Ft

Est. 230% increase in value since last sale

Current estimated payment $2,227/month

5 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • 1-Story Property
  • Sunnyslope High School Rated A
  • Heating Available

About This Home

As of July 2013

INVESTORS ONLY! NO SHOWINGS UNTIL ACCEPTED CONTRACT. Property is Occupied by a Lease Option Tenant on a 6 year lease. Tenant pays $1,263.84/month and has option to buy in 6 years for $120k plus 50% of all appreciation. TENANT TAKES CARE OF ALL MAINTENENCE! Professional Property Management already in place and that fee is included in Rent Amount. See DOCUMENTS TAB for Lease and Option Agreement and please read before calling with questions. Property completely remodeled in 2010. GREAT CASH FLOW, NO HASSLE PROPERTY!

Last Agent to Sell the Property

Brad McCaughey

Keller Williams Northeast Realty License #BR528772000 Listed on: 06/10/2013

Keller Williams Northeast Realty

Last Buyer's Agent

Russell Harris

RETSY License #SA639092000

RETSY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,052

Year Built

  • Built in 1959

Lot Details

  • 6,535 Sq Ft Lot
  • Block Wall Fence

Parking

  • 1 Carport Space

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1-Story Property
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Desert View Elementary School
  • Royal Palm Middle School
  • Sunnyslope Elementary High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Community Details

  • No Home Owners Association
  • Ocotillo Hills Subdivision

Listing and Financial Details

  • Tax Lot 182
  • Assessor Parcel Number 160-65-098

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,052

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Cross Street: 12th St & Northern
  • Property Type: Residential
  • HOA #2: N
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2012
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2012
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Year Built: 1959
  • Tax Year: 2012
  • Directions: N on Northern, E onto neighborhood Access Rd, N on Seldon Ln, E on Ruth to Property on left.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.15
  • Subdivision Name: Ocotillo Hills
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Basement: None
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, 3/4 Bath Master Bdrm
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Non-laminate Counter: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Dirt Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0
  • Open Parking Spaces: 1.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Schools

  • Elementary School: Desert View Elementary School
  • High School: Sunnyslope Elementary School
  • Middle Or Junior School: Royal Palm Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6535.0
  • Parcel #: 160-65-098
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unk

Tax Info

  • Tax Annual Amount: 1052.0
  • Tax Book Number: 160.00
  • Tax Lot: 182
  • Tax Map Number: 65.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2016
Sold by
Krumwiede Robert Paul and Krumwiede Colleen Mcdonald
Bought by
Krumwiede Robert P and Krumwiede Colleen M
Current Estimated Value
$396,127

Purchase Details

Listed on
Jun 10, 2013
Closed on
Jun 20, 2013
Sold by
Bmg Venture Partners Llc
Bought by
Krumwiede Robert Paul and Krumwiede Colleen Macdonald
Seller's Agent
Brad McCaughey
Keller Williams Northeast Realty
Buyer's Agent
Russell Harris
RETSY
List Price
$120,000
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.28%
Original Mortgage
$96,000
Outstanding Balance
$69,758
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$326,369

Purchase Details

Closed on
Nov 9, 2012
Sold by
Wyman Worldwide Ventures Inc
Bought by
Bmg Venture Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2009
Sold by
Fannie Mae
Bought by
Wyman Worldwide Ventures Inc

Purchase Details

Closed on
Oct 13, 2009
Sold by
Financial Freedom
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 7, 2009
Sold by
Financial Freedom Sfc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 21, 2009
Sold by
Barber Norval A
Bought by
Financial Freedom
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
Krumwiede Robert P -- None Available
Krumwiede Robert Paul $120,000 Pioneer Title Agency Inc
Bmg Venture Partners Llc $95,000 Fidelity National Title Agen
Wyman Worldwide Ventures Inc $58,000 Lawyers Title Of Arizona Inc
Federal National Mortgage Association -- Lawyers Title Of Arizona Inc
Federal National Mortgage Association -- Lsi Title Company
Financial Freedom $67,712 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krumwiede Robert Paul $96,000
Previous Owner Bmg Venture Partners Llc $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2013 07/19/13 Sold $120,000 0.0% $95 / Sq Ft
06/11/2013 06/11/13 Pending -- -- --
06/06/2013 06/06/13 For Sale $120,000 -- $95 / 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 $1,514 $12,379 -- --
2024 $1,487 $11,790 -- --
2023 $1,487 $31,120 $6,220 $24,900
2022 $1,438 $25,310 $5,060 $20,250
2021 $1,457 $21,550 $4,310 $17,240
2020 $1,420 $19,400 $3,880 $15,520
2019 $1,394 $17,670 $3,530 $14,140
2018 $1,358 $17,180 $3,430 $13,750
2017 $1,351 $12,960 $2,590 $10,370
2016 $1,326 $12,280 $2,450 $9,830
2015 $1,228 $10,830 $2,160 $8,670
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2013

    Brad McCaughey

    Keller Williams Northeast Realty

    Section Image
  • Russell Harris

    Buyer's Agent in 2013

    Russell Harris

    RETSY

    (602) 904-1172

    2 in this area

    219 Total Sales

    Russell Harris
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4950033

Arizona Regional Multiple Listing Service (ARMLS)

APN: 160-65-098

Arizona Maricopa County Phoenix 85020 North Central

1216 E Ruth Ave, Phoenix, AZ

This home is located at 1216 E Ruth Ave, Phoenix, AZ 85020 since 10 June 2013 and is currently estimated at $396,127, approximately $314 per square foot. This property was built in 1959. 1216 E Ruth Ave is a home located in Maricopa County with nearby schools including Desert View Elementary 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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