NOT LISTED FOR SALE

1220 W Mountain View Rd Phoenix, AZ 85021

North Mountain Village Neighborhood

Estimated Value: $334,430 - $903,000

-- Bed
-- Bath
2,900 Sq Ft
$213/Sq Ft Est. Value

Last Sold August 18, 2015

Last sale price $175,000 $60 Per Sq Ft

Est. 253% increase in value since last sale

Current estimated payment $3,354/month

21 Days on Market

Highlights

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

About This Home

As of August 2015

This four-plex was built in 1960, there are two single story buildings with 2 two bedroom/one bathroom units (4 total). The property is in excellent condition, all four units
have been completely remodeled over time. Plumbing and electric are all copper and utilities are individually metered. This property is a great opportunity for any investor looking to purchase a stable,
cash flowing, small apartment building in a high rental demand area. The area offers easy access to multiple employment opportunities, retail centers, and major transportation arteries. (see rent info in private remarks)

Last Agent to Sell the Property

Dimitri Larno

HomeSmart License #BR556445000 Listed on: 06/23/2015

Last Buyer's Agent

Eli Gilman

HomeSmart License #SA113281000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $909

Year Built

  • Built in 1960

Lot Details

  • 9,888

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 80
  • Assessor Parcel Number 158-30-053

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 9877
  • Ironwood Place Plat 2 Subdivision

Building Details

  • Operating Expense $909

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$909

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Cross Street: 13th Street & Hatcher
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 2
  • Year Built: 1960
  • Tax Year: 2014
  • Road Surface Type: Asphalt
  • Subdivision Name: IRONWOOD PLACE PLAT 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • 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, Individual Meter
  • 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:Fenced3: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Lot Info

  • Lot Size: 9877
  • Additional Parcels: No
  • Parcel #: 158-30-053

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Operating Expense: 909.16

Tax Info

  • Tax Annual Amount: 909.16
  • Tax Book Number: 158.00
  • Tax Lot: 80

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2015
Closed on
Aug 8, 2015
Sold by
Dolph Lawrence A and Dolph Karin G
Bought by
Bronx Llc
Seller's Agent
Dimitri Larno
HomeSmart
Buyer's Agent
Eli Gilman
HomeSmart
List Price
$185,000
Sold Price
$175,000
Premium/Discount to List
-$10,000
-5.41%
Current Estimated Value
$618,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$443,143
Avg. Annual Appreciation
13.06%

Purchase Details

Listed on
Jan 10, 2013
Closed on
Mar 4, 2013
Sold by
Pkk Investments Llc
Bought by
Dolph Lawrence A and Dolph Karin G
Seller's Agent
Terry Kass
Coldwell Banker Commercial Realty
Buyer's Agent
Dimitri Larno
HomeSmart
List Price
$169,000
Sold Price
$160,000
Premium/Discount to List
-$9,000
-5.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.77%
Original Mortgage
$120,000
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2011
Sold by
Phillips Gary L and Phillips Claire
Bought by
Pkk Investments Llc

Purchase Details

Closed on
Jul 19, 2005
Sold by
Phillips Gary L
Bought by
Phillips Gary L and Phillips Claire

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,700
Interest Rate
5.56%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 18, 2005
Sold by
Phillips Claire
Bought by
Phillips Gary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,700
Interest Rate
5.56%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 4, 2005
Sold by
Scharber Family Lp
Bought by
Reed Bryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
8.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2000
Sold by
Scharber Samuel R and Scharber Betsy B
Bought by
Scharber Family Ltd Partnership
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bronx Llc $175,000 Great Amer Title Agency Inc
Dolph Lawrence A $160,000 Clear Title Agency Of Arizon
Pkk Investments Llc $40,000 Chicago Title
Phillips Gary L -- Fidelity National Title
Phillips Gary L -- Fidelity National Title
Phillips Gary L $249,000 Fidelity National Title
Reed Bryan $160,000 Fidelity National Title
Scharber Family Ltd Partnership -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dolph Lawrence A $120,000
Previous Owner Phillips Gary L $74,700
Previous Owner Phillips Gary L $149,400
Previous Owner Phillips Gary L $149,400
Previous Owner Reed Bryan $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2015 08/18/15 Sold $175,000 -5.4% $60 / Sq Ft
07/14/2015 07/14/15 Pending -- -- --
06/23/2015 06/23/15 For Sale $185,000 +15.6% $64 / Sq Ft
03/19/2013 03/19/13 Sold $160,000 -5.3% $55 / Sq Ft View Prior Sale
02/13/2013 02/13/13 Pending -- -- --
01/07/2013 01/07/13 For Sale $169,000 -- $58 / 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 $1,082 $8,518 -- --
2024 $1,023 $8,112 -- --
2023 $1,023 $44,930 $8,980 $35,950
2022 $990 $31,800 $6,360 $25,440
2021 $1,002 $26,230 $5,240 $20,990
2020 $977 $22,580 $4,510 $18,070
2019 $959 $18,200 $3,640 $14,560
2018 $934 $13,620 $2,720 $10,900
2017 $929 $13,370 $2,670 $10,700
2016 $913 $12,600 $2,520 $10,080
2015 $845 $10,680 $2,130 $8,550
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    Dimitri Larno

    HomeSmart

  • E

    Buyer's Agent in 2015

    Eli Gilman

    HomeSmart

    Section Image
  • Terry Kass

    Seller's Agent in 2013

    Terry Kass

    Coldwell Banker Commercial Realty

    (602) 330-2525

    1 in this area

    22 Total Sales

    Terry Kass
    Section Image

  • J

    Seller Co-Listing Agent in 2013

    Jon Dzwonkoski

    Red Brick Realty, LLC

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5297803

Arizona Regional Multiple Listing Service (ARMLS)

APN: 158-30-053

Arizona Maricopa County Phoenix 85021 North Mountain Village

1220 W Mountain View Rd, Phoenix, AZ

Not Listed for Sale

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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