NOT LISTED FOR SALE

1221 E Highland Ave Phoenix, AZ 85014

Camelback East Village Neighborhood

Estimated Value: $599,899 - $643,000

-- Bed
1 Bath
1,459 Sq Ft
$428/Sq Ft Est. Value

Last Sold February 18, 2020

Last sale price $450,000 $308 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,622/month

43 Days on Market

Highlights

  • Cooling Available
  • Ceiling Fan
  • Heat Pump System
  • Phoenix Coding Academy Rated A

About This Home

As of February 2020

Great triplex in central location. All three units updated, two newer water heaters, one new HVAC, onsite owned coin operated laundry. Easy to rent with just a sign in the yard.
Great property for onsite owner, can live in either two bedroom unit or one of the two one bedroom units and let tenants pay your mortgage. Low maintenance yards.Total area under roof is 2,760SF.
Take a look at the photos!

Last Agent to Sell the Property

Mark Sumstine

Realty ONE Group License #SA632021000 Listed on: 11/28/2019

Last Buyer's Agent

William Nager

My Home Group Real Estate License #SA632171000

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,448

Year Built

  • Built in 1946

Lot Details

  • 7,710

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan

Parking

  • 4 Open Parking Spaces
  • 5 Parking Spaces
  • 1 Covered Space
  • Common or Shared Parking

Schools

  • Madison Elementary School
  • Madison Park Middle School
  • Camelback High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Individual Controls for Heating
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 3
  • Assessor Parcel Number 155-09-095

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are 7710

Building Details

  • Operating Expense $12,096
  • Gross Income $33,972
  • Net Operating Income $21,461

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,448

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Cross Street: 12th Street & Camelback
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-6
  • Number Of Buildings: 2
  • Year Built: 1946
  • Tax Year: 2019
  • Directions: South on 12th Street to East on Highland, Triplex on South side of street.
  • Road Surface Type: Asphalt
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block, Frame - Wood
  • Roof: Composition, Built-Up
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 5.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:Carport: Yes
  • Parking:Free: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS, Master Meter
  • Cooling: Individual, Heat Pump, Electric, Ceiling Fan(s)
  • Heating: Individual, Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes
  • Electric Master Meter: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Fee Information

  • Annual Water Sewer Expense: 1528.0

Schools

  • Elementary School: Madison Elementary School
  • High School: Camelback High School
  • Middle Or Junior School: Madison Park School

Lot Info

  • Lot Size: 7710
  • Additional Parcels: No
  • Parcel #: 155-09-095

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 3
  • Electric Expense: 4320.0
  • Annual Gross Income: 33972.0
  • Insurance Expense: 800.0
  • Maintenance Expense: 1200.0
  • Property Net Operating Income: 21461.0
  • Annual Operating Expense: 12096.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 2448.0
  • Tax Book Number: 155.00
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2023
Sold by
Bonitz Adam
Bought by
Miles Of Sunshine Llc
Current Estimated Value
$623,975

Purchase Details

Listed on
Nov 28, 2019
Closed on
Feb 9, 2020
Sold by
Horikami Kevin R and Sumstine Mark A
Bought by
Bonitz Adam
Seller's Agent
Mark Sumstine
Realty ONE Group
Buyer's Agent
William Nager
My Home Group Real Estate
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
7.07%
Original Mortgage
$450,000
Interest Rate
3.72%
Mortgage Type
VA

Purchase Details

Closed on
Jun 9, 2017
Sold by
Horikami Kevin
Bought by
Horikami Kevin R and Sumstine Mark A

Purchase Details

Closed on
Oct 5, 2005
Sold by
Wilson Doral L and Wilson Connie M
Bought by
Horikami Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 2001
Sold by
Green Beverly
Bought by
Wilson Doral L and Wilson Connie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
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
Miles Of Sunshine Llc -- None Listed On Document
Bonitz Adam $450,000 Security Title Agency Inc
Horikami Kevin R -- None Available
Horikami Kevin $267,500 --
Wilson Doral L $50,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bonitz Adam $450,000
Previous Owner Bonitz Adam $450,000
Previous Owner Horikami Kevin $45,000
Previous Owner Horikami Kevin $39,000
Previous Owner Horikami Kevin $157,000
Previous Owner Wilson Doral L $140,000
Previous Owner Wilson Doral L $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2020 02/18/20 Sold $450,000 0.0% $308 / Sq Ft
02/17/2020 02/17/20 For Sale $450,000 0.0% $308 / Sq Ft
01/09/2020 01/09/20 Pending -- -- --
01/07/2020 01/07/20 For Sale $450,000 0.0% $308 / Sq Ft
12/09/2019 12/09/19 Pending -- -- --
11/27/2019 11/27/19 For Sale $450,000 -- $308 / 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 $2,670 $21,497 -- --
2024 $2,276 $20,473 -- --
2023 $2,276 $42,380 $8,470 $33,910
2022 $2,203 $31,870 $6,370 $25,500
2021 $2,248 $26,960 $5,390 $21,570
2020 $2,211 $26,270 $5,250 $21,020
2019 $2,448 $23,670 $4,730 $18,940
2018 $2,388 $20,510 $4,100 $16,410
2017 $2,276 $19,400 $3,880 $15,520
2016 $1,224 $13,030 $2,600 $10,430
2015 $1,137 $11,370 $2,270 $9,100
Source: Public Records

Agents Affiliated with this Home

  • Mark Sumstine

    Seller's Agent in 2020

    Mark Sumstine

    Realty One Group

    (602) 828-0684

    1 in this area

    38 Total Sales

    Mark Sumstine
    Section Image
  • William Nager

    Buyer's Agent in 2020

    William Nager

    My Home Group

    (480) 227-1527

    12 in this area

    121 Total Sales

    William Nager
    Section Image

  • \

    Buyer's Agent in 2020

    \William Nager

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6009480

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-09-095

Arizona Maricopa County Phoenix 85014 Camelback East Village

1221 E Highland Ave, Phoenix, AZ

This home is located at 1221 E Highland Ave, Phoenix, AZ 85014 since 28 November 2019 and is currently estimated at $623,975, approximately $427 per square foot. This property was built in 1946. 1221 E Highland Ave is a home located in Maricopa County with nearby schools including Madison Camelview Elementary, Phoenix Coding Academy, 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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