NOT LISTED FOR SALE

1217 E Fairmount Ave Phoenix, AZ 85014

Central City Neighborhood

Estimated Value: $565,000 - $696,000

2 Beds
2 Baths
1,998 Sq Ft
$303/Sq Ft Est. Value

Last Sold January 22, 2013

Last sale price $107,875 $54 Per Sq Ft

Est. 461% increase in value since last sale

Current estimated payment $3,431/month

148 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System
  • Phoenix Coding Academy Rated A

About This Home

As of January 2013

*****Not a short sale, not lender owned!*****Income property in close to downtown, East side location!*****Two story unit in the back is currently rented at $680 a month. The unit in the front is rented at $590 a month, the one in the middle was rented for $580, but tenant moved out.*****Please do not disturb tenants.*******Would be best to inpect property with an accepted contract.*****Property to convey ''as-is''.*****Some windows in front units have been replaced with dual pane.*****

Last Agent to Sell the Property

Gerry Yagmourian

Realty Executives Arizona Territory License #BR006542000 Listed on: 06/13/2012

Realty Executives Arizona Territory

Co-Listed By

Jerry McClellan

AZ Brokerage Holdings, LLC License #BR093902000

Last Buyer's Agent

John Kovalik

DeLex Realty License #SA529382000

DeLex Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,162

Year Built

  • Built in 1955

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 2 Open Parking Spaces
  • 3 Parking Spaces
  • 1 Covered Space
  • Over 1 Space Per Unit
  • Assigned Parking

Schools

  • Longview Elementary School
  • Osborn Middle School
  • North High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 7
  • Assessor Parcel Number 118-02-069-F

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are 57x106
  • Longview Circle Amd Subdivision

Building Details

  • Operating Expense $1,162

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,162

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Cross Street: 12th Street & Indian School Rd
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1955
  • Tax Year: 2011
  • Directions: South to Fairmount, East to property.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: reax33
  • Co List Office Phone: 623-561-8800
  • Subdivision Name: Longview Circle AMD
  • Tax Parcel Letter: F
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Built-In Range, Disposal, Dishwasher, Refrigerator, Washer/Dryer
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Assigned, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 3.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking Features >1 Space Per Unit: Yes
  • Parking Features:Assigned: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Longview Elementary School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Osborn Middle School

Lot Info

  • Lot Size: 57x106
  • Additional Parcels: No
  • Parcel #: 118-02-069-F

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 3
  • Annual Operating Expense: 1162.0

Tax Info

  • Tax Annual Amount: 1162.0
  • Tax Book Number: 118.00
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2012
Sold by
Wente Kevin A
Bought by
Gutierrez Noe N Peralta and Cecena Araceli
Current Estimated Value
$605,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,900
Interest Rate
3.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2011
Sold by
Wente Investments Llc
Bought by
Wente Kevin A and Wente Dorothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,352
Interest Rate
4.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2005
Sold by
Wente Kevin A and Wente Dorothy
Bought by
Wente Investments Llc
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
Gutierrez Noe N Peralta $107,875 Clear Title Agency Of Arizon
Wente Kevin A -- Pioneer Title Agency Inc
Wente Investments Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gutierrez Noe N Peralta $80,900
Previous Owner Wente Kevin A $96,352
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2013 01/22/13 Sold $107,875 -10.0% $54 / Sq Ft
11/08/2012 11/08/12 Pending -- -- --
06/13/2012 06/13/12 For Sale $119,900 -- $60 / 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 $2,778 $22,140 -- --
2024 $2,684 $21,086 -- --
2023 $2,684 $45,470 $9,090 $36,380
2022 $2,669 $34,960 $6,990 $27,970
2021 $2,714 $30,550 $6,110 $24,440
2020 $2,646 $27,180 $5,430 $21,750
2019 $2,531 $23,910 $4,780 $19,130
2018 $2,447 $23,630 $4,720 $18,910
2017 $2,247 $19,980 $3,990 $15,990
2016 $1,126 $14,730 $2,940 $11,790
2015 $1,047 $13,080 $2,610 $10,470
Source: Public Records

Agents Affiliated with this Home

  • Gerry Yagmourian

    Seller's Agent in 2013

    Gerry Yagmourian

    Realty Executives

    (602) 390-1630

    8 Total Sales

    Gerry Yagmourian
    Section Image

  • J

    Seller Co-Listing Agent in 2013

    Jerry McClellan

    Realty Executives

    Section Image

  • J

    Buyer's Agent in 2013

    John Kovalik

    DeLex Realty

    (602) 465-8227

    32 Total Sales

    John Kovalik
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4775202

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-02-069F

Arizona Maricopa County Phoenix 85014 Central City

1217 E Fairmount Ave, Phoenix, AZ

This home is located at 1217 E Fairmount Ave, Phoenix, AZ 85014 since 13 June 2012 and is currently estimated at $605,698, approximately $303 per square foot. This property was built in 1955. 1217 E Fairmount Ave is a home located in Maricopa County with nearby schools including Longview Elementary School, Osborn Middle School, and North 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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