NOT LISTED FOR SALE

1237 E Elm St Phoenix, AZ 85014

Camelback East Village Neighborhood

Estimated Value: $319,000 - $624,000

-- Bed
3 Baths
1,374 Sq Ft
$376/Sq Ft Est. Value

Last Sold October 05, 2015

Last sale price $240,000 $175 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $2,907/month

14 Days on Market

Highlights

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

About This Home

As of October 2015

This opportunity does not come along very often in North Central Phoenix. This single family home and the duplex have not been rented since 2013. The owner lives in the home, her sister in one duplex and mother in the other. Improvements in 2013 include, new dual pane windows in all units, new carpet in all units, new custom blinds and new interior doors in the house***In 2008 all three air conditioners were replaced, all new electric panels, a new roof and new hot water heaters in all the units. In addition there is a studio/workshop not included in the square footage.*** You will find the Seller Property Disclosure, Income Property Addendum, Lead Based Paint Addendum, Mold Addendum, Termite Warranty and Market Conditions Advisory in the documents section

Last Agent to Sell the Property

Ron Urban

AZ Brokerage Holdings, LLC License #BR520022000 Listed on: 08/27/2015

Last Buyer's Agent

Georges Douyon

Realty ONE Group License #SA656945000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $888

Year Built

  • Built in 1961

Lot Details

  • 8,146

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan

Parking

  • 2 Open Parking Spaces
  • 3 Parking Spaces
  • 1 Covered Space

Schools

  • Madison Elementary School
  • Madison Park Middle School
  • North High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Legal Lot and Block 16 / 1
  • Assessor Parcel Number 155-10-016

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are 8157
  • Hayes Tract Subdivision

Building Details

  • Operating Expense $888

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$888

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Cross Street: 12th St and Camelback Rd
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-6
  • Number Of Buildings: 2
  • Year Built: 1961
  • Tax Year: 2014
  • Directions: South on 12th St to Elm St***East to property
  • Road Surface Type: Asphalt
  • Subdivision Name: HAYES TRACT
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WasherDryer: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 3.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking:_one_ SpaceUnit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

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

Lot Info

  • Lot Size: 8157
  • Additional Parcels: No
  • Parcel #: 155-10-016

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 3
  • Annual Operating Expense: 888.0

Tax Info

  • Tax Annual Amount: 888.0
  • Tax Block: 1
  • Tax Book Number: 155.00
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2015
Closed on
Sep 22, 2015
Sold by
Knight Kimberly Ann and Knight Kimberly A
Bought by
Hye William
Seller's Agent
Ron Urban
AZ Brokerage Holdings, LLC
Buyer's Agent
Georges Douyon
Realty ONE Group
List Price
$225,000
Sold Price
$240,000
Premium/Discount to List
$15,000
6.67%
Current Estimated Value
$516,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,014
Avg. Annual Appreciation
8.06%
Original Mortgage
$219,780
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 21, 2013
Sold by
Phua Joseph Y
Bought by
Knight Kimberly Ann

Purchase Details

Closed on
Jan 3, 2013
Sold by
Phua Joshua Y
Bought by
Phua Joshua Y and Knight Kimberly A

Purchase Details

Closed on
Sep 2, 2008
Sold by
Us Bank Na
Bought by
Phua Joseph Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,900
Interest Rate
6.39%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 25, 2008
Sold by
Knight Kimberly A
Bought by
Phua Joseph Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,900
Interest Rate
6.39%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 9, 2008
Sold by
Linneman Todd J
Bought by
U S Bank Na

Purchase Details

Closed on
Feb 16, 2006
Sold by
Linneman Jennifer L
Bought by
Linneman Todd J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
7.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 30, 2005
Sold by
Lewis Leroy
Bought by
Bond Properties Llc

Purchase Details

Closed on
Apr 16, 2002
Sold by
Zonner Rex A
Bought by
Lewis Leroy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,150
Interest Rate
9.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 24, 1998
Sold by
Kostman Vernon
Bought by
Zonner Rex A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
6.73%
Mortgage Type
Commercial
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
Hye William $240,000 Stewart Title & Tr Phoenix I
Knight Kimberly Ann -- None Available
Phua Joshua Y -- Stewart Title & Trust Of Pho
Phua Joseph Y -- Stewart Title & Trust Of Pho
Phua Joseph Y $199,900 First American Title Ins Co
Phua Joseph Y -- First American Title Ins Co
U S Bank Na $273,353 None Available
Linneman Todd J -- Fidelity National Title
Linneman Todd J $320,000 Fidelity National Title
Bond Properties Llc $240,000 Fidelity National Title
Lewis Leroy $139,000 Chicago Title Insurance Co
Zonner Rex A $80,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Hye William $375,000
Closed Hye William $219,780
Previous Owner Phua Joseph Y $146,900
Previous Owner Phua Joseph Y $146,900
Previous Owner Linneman Todd J $256,000
Previous Owner Lewis Leroy $118,150
Previous Owner Zonner Rex A $81,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2015 10/05/15 Sold $240,000 +6.7% $175 / Sq Ft
09/10/2015 09/10/15 Pending -- -- --
08/27/2015 08/27/15 For Sale $225,000 -- $164 / 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 $1,141 $9,184 -- --
2024 $1,110 $8,747 -- --
2023 $1,110 $45,630 $9,120 $36,510
2022 $1,077 $33,550 $6,710 $26,840
2021 $1,086 $28,730 $5,740 $22,990
2020 $1,069 $23,400 $4,680 $18,720
2019 $1,046 $18,560 $3,710 $14,850
2018 $1,020 $14,530 $2,900 $11,630
2017 $972 $14,900 $2,980 $11,920
2016 $939 $11,320 $2,260 $9,060
2015 $872 $8,870 $1,770 $7,100
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Ron Urban

    Realty Executives

  • G

    Buyer's Agent in 2015

    Georges Douyon

    Realty One Group

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5326204

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-10-016

Arizona Maricopa County Phoenix 85014 Camelback East Village

1237 E Elm St, Phoenix, AZ

This home is located at 1237 E Elm St, Phoenix, AZ 85014 since 27 August 2015 and is currently estimated at $516,014, approximately $375 per square foot. This property was built in 1961. 1237 E Elm St 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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