NOT LISTED FOR SALE

1229 E Mountain View Rd Phoenix, AZ 85020

North Central Neighborhood

Estimated Value: $329,530 - $461,000

3 Beds
-- Bath
1,008 Sq Ft
$409/Sq Ft Est. Value

Last Sold August 17, 2021

Last sale price $382,000 $379 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,230/month

105 Days on Market

Highlights

  • Cooling Available
  • Sunnyslope High School Rated A
  • Heat Pump System

About This Home

As of August 2021

This is a really nice duplex in North Phoenix. The bonus is there is a lot that may hold a smaller single family new build. Both units have been updated and it is fully occupied with Stable Tenants. Please look at the Document tab for the Due Diligence and under the photos is the virtual tour.
This property has been updated in 2020.

Buyer to verify all facts and figures.

Last Agent to Sell the Property

Linda Gerchick

Gerchick Real Estate License #BR114848000 Listed on: 04/01/2021

Last Buyer's Agent

Linda CCIM

Stephen Magee Int'l Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $599

Year Built

  • Built in 1949

Lot Details

  • 7,492

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 5
  • Assessor Parcel Number 159-31-022

Community Details

Overview

  • 2 Units
  • Building Dimensions are 8100
  • Taylor Terrace Tract Subdivision

Building Details

  • Operating Expense $5,905
  • Gross Income $22,058
  • Net Operating Income $16,153

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$599

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Cross Street: Dunlap / 7th Street
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: [R-6] RESIDENTI
  • Number Of Buildings: 1
  • Year Built: 1949
  • Tax Year: 2020
  • Directions: At the intersection go to Cave Creek Rd and go north to Mountain View RD Turn East and property is on the south side of the road. The excess land sits on 12 Street.
  • Road Surface Type: Gravel, Dirt
  • Professional Management Expense: 2206.0
  • Subdivision Name: TAYLOR TERRACE TRACT
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm, APOD/Backup Avaible, Sch of Personal Prop
  • Construction Type: Painted, Stucco, Block, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Other, See Remarks, No Pool

Association/Amenities

  • Community Amenities:Other18: Yes
  • Community Amenities:No Pool: Yes
  • Community Amenities:See Remarks15: Yes

Fee Information

  • Annual Water Sewer Expense: 1500.0

Lot Info

  • Lot Size: 8100
  • Additional Parcels: No
  • Parcel #: 159-31-022

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 2
  • Annual Gross Income: 22057.8
  • Insurance Expense: 600.0
  • Maintenance Expense: 1000.0
  • Property Net Operating Income: 16153.0
  • Annual Operating Expense: 5905.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 599.0
  • Tax Book Number: 159.00
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2021
Closed on
Aug 10, 2021
Sold by
Bowerbank John and Bowerbank Jennifer
Bought by
Bowerbank Jennifer
Seller's Agent
Linda Gerchick
Gerchick Real Estate
Buyer's Agent
Linda Gerchick
Gerchick Real Estate
List Price
$384,500
Sold Price
$382,000
Premium/Discount to List
-$2,500
-0.65%
Current Estimated Value
$412,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,383
Avg. Annual Appreciation
1.40%
Original Mortgage
$286,500
Outstanding Balance
$263,312
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$141,122

Purchase Details

Closed on
Aug 20, 2019
Sold by
Simshauser Kevin
Bought by
1229 Mountain View Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,600
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2019
Sold by
Simshauser Taylor and Simshauser Kevin
Bought by
Simshauser Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,600
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 5, 2018
Closed on
Jan 25, 2019
Sold by
Rtr Group Llc
Bought by
Sims Investments Llc
Seller's Agent
Soyun Wong
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Linda Gerchick
Gerchick Real Estate
List Price
$189,000
Sold Price
$151,000
Premium/Discount to List
-$38,000
-20.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.99%
Original Mortgage
$128,350
Interest Rate
4.6%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 18, 2017
Sold by
Wood Jeremy
Bought by
Rtr Group Llc

Purchase Details

Listed on
Feb 16, 2017
Closed on
Mar 28, 2017
Sold by
Tcla Properties Llc
Bought by
Wood Jeremy
Seller's Agent
Brian Gaffney
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Soyun Wong
Better Homes & Gardens Real Estate SJ Fowler
List Price
$129,000
Sold Price
$123,000
Premium/Discount to List
-$6,000
-4.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.09%
Original Mortgage
$92,250
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2004
Sold by
Arthanari Lenin and Joy Anila
Bought by
Tcla Properties Llc

Purchase Details

Closed on
Apr 27, 2004
Sold by
Stech Diane
Bought by
Arthanari Lenin and Joy Anila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,800
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 2002
Sold by
Caienar Dorut and Caienar Floarea
Bought by
Stech Diane J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2000
Sold by
Phillips Letha Joan
Bought by
Caienar Dorut and Caienar Floarea
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
Bowerbank Jennifer -- Empire West Title Agency Llc
Bowerbank Jennifer $382,000 Empire West Title Agency Llc
1229 Mountain View Llc -- Pioneer Title Agency
Simshauser Kevin -- Pioneer Title Agency
Simshauser Kevin -- Premier Title Agency
Sims Investments Llc $151,000 Empire West Title Agency
Rtr Group Llc -- None Available
Wood Jeremy $123,000 Great American Title Agencey
Tcla Properties Llc -- --
Arthanari Lenin $136,000 North American Title Co
Stech Diane J $105,000 Capital Title Agency Inc
Caienar Dorut $42,500 American Title Insurance
Phillips Letha -- American Title Insurance
Phillips Letha -- American Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowerbank Jennifer $286,500
Previous Owner Simshauser Kevin $159,600
Previous Owner Sims Investments Llc $128,350
Previous Owner Wood Jeremy $92,250
Previous Owner Arthanari Lenin $108,800
Previous Owner Stech Diane J $84,000
Closed Stech Diane J $15,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2021 08/17/21 Sold $382,000 -0.7% $379 / Sq Ft
07/15/2021 07/15/21 Pending -- -- --
07/13/2021 07/13/21 For Sale $384,500 0.0% $381 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $384,500 0.0% $381 / Sq Ft
06/04/2021 06/04/21 Pending -- -- --
05/11/2021 05/11/21 Price Changed $384,500 -0.1% $381 / Sq Ft
05/06/2021 05/06/21 For Sale $385,000 0.0% $382 / Sq Ft
04/03/2021 04/03/21 Pending -- -- --
04/01/2021 04/01/21 Price Changed $385,000 0.0% $382 / Sq Ft
04/01/2021 04/01/21 For Sale $385,000 +155.0% $382 / Sq Ft
02/04/2019 02/04/19 Sold $151,000 -20.1% $150 / Sq Ft
01/02/2019 01/02/19 For Sale $189,000 +25.2% $188 / Sq Ft
11/19/2018 11/19/18 Off Market $151,000 -- --
07/25/2018 07/25/18 Price Changed $189,000 -5.0% $188 / Sq Ft
06/04/2018 06/04/18 For Sale $199,000 +61.8% $197 / Sq Ft
04/07/2017 04/07/17 Sold $123,000 -4.7% $122 / Sq Ft
03/07/2017 03/07/17 Pending -- -- --
02/16/2017 02/16/17 For Sale $129,000 -- $128 / 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 $639 $5,221 -- --
2024 $627 $4,972 -- --
2023 $627 $20,580 $4,110 $16,470
2022 $607 $14,520 $2,900 $11,620
2021 $614 $12,670 $2,530 $10,140
2020 $599 $10,960 $2,190 $8,770
2019 $588 $9,250 $1,850 $7,400
2018 $573 $7,010 $1,400 $5,610
2017 $570 $6,200 $1,240 $4,960
2016 $559 $5,630 $1,120 $4,510
2015 $518 $4,650 $930 $3,720
Source: Public Records

Agents Affiliated with this Home

  • Linda Gerchick

    Seller's Agent in 2021

    Linda Gerchick

    Gerchick Real Estate

    (602) 688-9279

    6 in this area

    119 Total Sales

    Linda Gerchick
    Section Image

  • L

    Buyer's Agent in 2021

    Linda CCIM

    Stephen Magee Int'l Properties

  • Soyun Wong

    Seller's Agent in 2019

    Soyun Wong

    Better Homes & Gardens Real Estate SJ Fowler

    (480) 334-7775

    13 Total Sales

    Soyun Wong
    Section Image
  • Daniela Rubio

    Seller Co-Listing Agent in 2019

    Daniela Rubio

    Better Homes & Gardens Real Estate SJ Fowler

    (480) 334-7775

    1 in this area

    59 Total Sales

    Daniela Rubio
    Section Image
  • Brian Gaffney

    Seller's Agent in 2017

    Brian Gaffney

    Better Homes & Gardens Real Estate SJ Fowler

    (602) 264-8400

    7 in this area

    24 Total Sales

    Brian Gaffney
    Section Image
  • Larry Wright

    Seller Co-Listing Agent in 2017

    Larry Wright

    DeLex Realty

    (602) 264-8400

    Larry Wright
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6215031

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-31-022

Arizona Maricopa County Phoenix 85020 North Central

1229 E Mountain View Rd, Phoenix, AZ

This home is located at 1229 E Mountain View Rd, Phoenix, AZ 85020 since 01 April 2021 and is currently estimated at $412,383, approximately $409 per square foot. This property was built in 1949. 1229 E Mountain View Rd is a home located in Maricopa County with nearby schools including Sunnyslope Elementary School, Sunnyslope High School, and Montessori Day Public Schools Chartered - Mountainside.

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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