B
Seller's Agent in 2021
Brad Spies
HomeSmart
1226 E Purdue Ave Phoenix, AZ 85020
North Central NeighborhoodEstimated Value: $443,958
Studio
--
Bath
1,655
Sq Ft
$268/Sq Ft
Est. Value
Highlights
- Cooling Available
- Ceramic Tile Flooring
- 5-minute walk to Norton Park
- Sunnyslope High School Rated A
- Heating System Uses Natural Gas
About This Home
As of July 2021Great investment opportunity for a well-maintained, block construction, Central Phoenix duplex with huge storage shed on a large corner lot. Unit A is a 2bd/1ba, Unit B is a 3bd/1ba. Both units have a lot of outdoor space, each have a separate side and backyard areas and share a large, fenced front yard area. Updates include: newer roof (2017), 2 new electrical panels (2017), new water main line (2016), AC (Unit A 2018) as well as updated kitchens & bathrooms, new windows and tile flooring throughout, no carpet! Currently leased at below-market rents. Great location, near shopping, parks, schools and entertainment. Located in Sunnyslope High School district.
Last Agent to Sell the Property
Brad Spies
HomeSmart License #SA567453000 Listed on: 06/09/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $783
Year Built
- Built in 1956
Lot Details
- 8,146
Home Design
- Composition Roof
- Block Exterior
Flooring
- Ceramic Tile Flooring
Parking
- 2 Parking Spaces
- Carport
Schools
- Sunnyslope Elementary School
- Sunnyslope High School
Utilities
- Cooling Available
- Heating System Uses Natural Gas
Listing and Financial Details
- The owner pays for water, landscaping
- Tax Lot 4
- Assessor Parcel Number 159-31-021-B
Community Details
Overview
- 2 Units
- Building Dimensions are 8145 sf
- Taylor Terrace Subdivision
Building Details
- Operating Expense $783
- Gross Income $21,600
- Net Operating Income $16,045
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 9, 2021
Closed on
Jul 9, 2021
Sold by
Manzano Esmeralda
Bought by
Palumbo Kristen and Palumbo Nicholas
Seller's Agent
Brad Spies
HomeSmart
Buyer's Agent
Cecilia Mulroy
My Home Group Real Estate
List Price
$350,000
Sold Price
$380,000
Premium/Discount to List
$30,000
8.57%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,958
Avg. Annual Appreciation
3.51%
Original Mortgage
$273,750
Outstanding Balance
$248,386
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$195,572
Purchase Details
Listed on
Oct 19, 2018
Closed on
Nov 26, 2018
Sold by
Davis Timothy Jordan
Bought by
Manzano Esmeralda
Seller's Agent
Andre Ludolph
Century 21 Northwest
Buyer's Agent
Brad Spies
HomeSmart
List Price
$235,000
Sold Price
$232,000
Premium/Discount to List
-$3,000
-1.28%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.72%
Original Mortgage
$208,800
Interest Rate
4.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 21, 2005
Sold by
Beckler Robert L and Beckler Beverly J
Bought by
Davis Timothy Jordan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.35%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Palumbo Kristen | $375,000 | Security Title Agency Inc | |
| Manzano Esmeralda | $232,000 | First American Title Insuran | |
| Davis Timothy Jordan | $71,500 | Grand Canyon Title Agency In |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Palumbo Kristen | $273,750 | |
| Previous Owner | Manzano Esmeralda | $208,800 | |
| Previous Owner | Davis Timothy Jordan | $120,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/13/2021 07/13/21 | Sold | $380,000 | +8.6% | $230 / Sq Ft | |
| 06/02/2021 06/02/21 | For Sale | $350,000 | +50.9% | $211 / Sq Ft | |
| 11/30/2018 11/30/18 | Sold | $232,000 | -1.3% | $140 / Sq Ft | View Prior Sale |
| 10/19/2018 10/19/18 | For Sale | $235,000 | -- | $142 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $921 | $7,252 | -- | -- |
| 2024 | $871 | $6,906 | -- | -- |
| 2023 | $871 | $28,300 | $5,660 | $22,640 |
| 2022 | $842 | $20,030 | $4,000 | $16,030 |
| 2021 | $803 | $17,170 | $3,430 | $13,740 |
| 2020 | $783 | $14,970 | $2,990 | $11,980 |
| 2019 | $768 | $12,930 | $2,580 | $10,350 |
| 2018 | $748 | $9,870 | $1,970 | $7,900 |
| 2017 | $744 | $8,600 | $1,720 | $6,880 |
| 2016 | $731 | $7,880 | $1,570 | $6,310 |
Source: Public Records
Agents Affiliated with this Home
-
-
Cecilia Mulroy
C
Buyer's Agent in 2021
Cecilia Mulroy
My Home Group
(480) 685-2760
1 in this area
41 Total Sales
-
Andre Ludolph
Seller's Agent in 2018
Andre Ludolph
Century 21 Northwest
(602) 741-4174
1 in this area
91 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6246756
APN: 159-31-021B
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.
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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