NOT LISTED FOR SALE

1221 E Highland Ave Phoenix, AZ 85014

Camelback East Village Neighborhood

Estimated Value: $613,658

Studio
1 Bath
1,459 Sq Ft
$421/Sq Ft Est. Value

Sale Details

Date Sold: February 18, 2020

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

Est. 36% increase in value since last sale

Current estimated payment $3,635 / mo

43 Days on Market

Highlights

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

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

Realty ONE Group

Last Buyer's Agent

William Nager

My Home Group Real Estate License #SA632171000

My Home Group Real Estate
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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 Meter
  • 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

7,710 Sq Ft Lot

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
  • 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2023
Sold by
Bonitz Adam
Bought by
Current Estimated Value
$613,658

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
4.82%
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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Camelback East Village, AZ

  • Victor Cabibo Real Estate Agent - United Real Estate Specialists

    Victor Cabibo

    Responds Quickly

    United Real Estate Specialists

    (520) 314-3739

    167 Total Sales

    1 in Camelback East Village

    $245,000 Price

    Victor Cabibo
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  • Corey Hord Real Estate Agent - Long Realty Unlimited

    Corey Hord

    Long Realty Unlimited

    (623) 526-1762

    41 Total Sales

    1 in Camelback East Village

    $398,500 Price

    Corey Hord
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  • Sharon Terhune Real Estate Agent - eXp Realty

    Sharon Terhune

    eXp Realty

    (623) 233-0816

    42 Total Sales

    1 in Camelback East Village

    $540,000 Price

    Sharon Terhune
     Section Image
  • Celeste McIvor Real Estate Agent - eXp Realty

    Celeste McIvor

    eXp Realty

    (888) 483-6270

    197 Total Sales

    1 in Camelback East Village

    $580,000 Price

    Celeste McIvor
     Section Image
  • Michelle Hagele Real Estate Agent - Long Realty Company

    Michelle Hagele

    Responds Quickly

    Long Realty Company

    (520) 843-0287

    132 Total Sales

    1 in Camelback East Village

    $1,250,000 Price

    Michelle Hagele
     Section Image
  • Alexandra Muniz Real Estate Agent - eXp Realty

    Alexandra Muniz

    eXp Realty

    (888) 614-9261

    78 Total Sales

    1 in Camelback East Village

    $365,000 Price

    Alexandra Muniz
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,801 $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 Real Estate Agent - Realty One Group

    Seller's Agent in 2020

    Mark Sumstine

    Realty One Group

    (602) 828-0684

    30 Total Sales

    Mark Sumstine
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  • William Nager Real Estate Agent - My Home Group

    Buyer's Agent in 2020

    William Nager

    My Home Group

    (480) 227-1527

    5 in this area

    104 Total Sales

    William Nager
    Section Image

  • \N

    Buyer's Agent in 2020

    \William Nager

    Real Broker

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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

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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