1229 E Mountain View Rd Phoenix, AZ 85020
North Central Neighborhood
--
Bed
--
Bath
1,008
Sq Ft
7,492
Sq Ft Lot
Highlights
- Cooling Available
- Ceramic Tile Flooring
- Heat Pump System
- Sunnyslope High School Rated A
About This Home
As of August 2021Central Phoenix duplex with one 2 bedroom/1 bathroom unit and one 1 bedroom/1 bathroom unit. Each unit has
their own private fenced yard, New roof was installed in 2014 and both A/C units were replaced just a few
months back. Both tenants have been there for over 14 years and pay like clock work. Total monthly rental
income is $1310/month. Tenants pay for electric and owner pays water/sewer/trash. No HOA. There is
potential to build more units on the south of the lot. Good North Central Phoenix Location. Easy access to HWY 51 which gives tenants easy access to the whole Valley. Close to bus routs, schools, shopping, and hospitals. Beautiful views of Piestewa Peak from the property.
Last Agent to Sell the Property
Better Homes & Gardens Real Estate SJ Fowler License #BR536606000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $559
Year Built
- Built in 1949
Home Design
- Wood Frame Construction
- Composition Roof
- Block Exterior
- Stucco
Flooring
- Carpet
- Ceramic Tile
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
Utilities
- Cooling Available
- Heat Pump System
Listing and Financial Details
- Tenant pays for gas, electricity
- 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 $4,542
- Gross Income $15,720
- Net Operating Income $11,198
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%
Total Days on Market
19
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
$22,434
Avg. Annual Appreciation
1.53%
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
16.93%
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
15.77%
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
Map
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Empire West Title Agency Llc | |
| Warranty Deed | $382,000 | Empire West Title Agency Llc | |
| Warranty Deed | -- | Pioneer Title Agency | |
| Interfamily Deed Transfer | -- | Pioneer Title Agency | |
| Warranty Deed | -- | Premier Title Agency | |
| Warranty Deed | $151,000 | Empire West Title Agency | |
| Special Warranty Deed | -- | None Available | |
| Warranty Deed | $123,000 | Great American Title Agencey | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $136,000 | North American Title Co | |
| Warranty Deed | $105,000 | Capital Title Agency Inc | |
| Warranty Deed | $42,500 | American Title Insurance | |
| Interfamily Deed Transfer | -- | American Title Insurance | |
| Interfamily Deed Transfer | -- | American Title Insurance |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $286,500 | New Conventional | |
| Previous Owner | $159,600 | New Conventional | |
| Previous Owner | $128,350 | Construction | |
| Previous Owner | $92,250 | New Conventional | |
| Previous Owner | $108,800 | Purchase Money Mortgage | |
| Previous Owner | $84,000 | New Conventional | |
| Closed | $15,750 | No Value Available |
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
| 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
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5562632
APN: 159-31-022
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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