NOT LISTED FOR SALE

1238 E Purdue Ave Unit 3 Phoenix, AZ 85020

North Central Neighborhood

Estimated Value: $810,228

-- Bed
8 Baths
1,860 Sq Ft
$436/Sq Ft Est. Value

Last Sold April 17, 2015

Last sale price $200,000 $108 Per Sq Ft

Est. 305% increase in value since last sale

Current estimated payment $4,661/month

64 Days on Market

Highlights

  • Central Air
  • Heating Available
  • 4-minute walk to Norton Park
  • Sunnyslope High School Rated A

About This Home

As of April 2015

These rental units offer something different for tenants, including a washer/dryer in each unit, walk-in closets, and 2 bathrooms.. This property also offers individual metering for electricity and split system a/c units. The property sits very centrally to Phoenix and is close to shopping, hospitals, and job sectors. Solid location with solid tenant base with no vacancy since 2012. Rents are low for what the units are. Professionally managed call for more info. MARKETING FLYER UNDER DOCUMENTS TAB.

Last Listed By

Jon Dzwonkoski

Red Brick Realty, LLC License #BR643387000 Listed on: 01/14/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,400

Year Built

  • Built in 1987

Lot Details

  • 6,534

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 1
  • Assessor Parcel Number 159-31-018-B

Community Details

Overview

  • 4 Units
  • Building Dimensions are 81x81

Building Details

  • Operating Expense $9,880
  • Gross Income $23,598
  • Net Operating Income $13,847

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,400

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Cross Street: 12th And Mountain View
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: r3
  • Number Of Buildings: 1
  • Year Built: 1987
  • Tax Year: 2013
  • Directions: South on Cave Creek from Thunderbird to Mountain View. Head east on Mountain View to 13th Street turn right, property on right hand side.
  • Road Surface Type: Asphalt
  • Professional Management Expense: 2400.0
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:WasherDryer: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Stucco, Frame - Wood
  • Roof: See Remarks, Composition
  • Construction:Frame - Wood: 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:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Community Amenities:Other18: Yes
  • Community Amenities:See Remarks15: Yes
  • Interior Amenities:Other (See Remarks)51: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes

Fee Information

  • Trash Expense: 1728.0
  • Annual Water Sewer Expense: 1152.0

Lot Info

  • Lot Size: 81x81
  • Additional Parcels: No
  • Parcel #: 159-31-018-B

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 4
  • Annual Gross Income: 23598.0
  • Insurance Expense: 800.0
  • Maintenance Expense: 2400.0
  • Property Net Operating Income: 13847.0
  • Annual Operating Expense: 9880.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1400.0
  • Tax Book Number: 159.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2017
Sold by
Kaven Patricia
Bought by
Kaven Patricia J and Kaven Family Trust
Total Days on Market
64
Current Estimated Value
$810,228

Purchase Details

Listed on
Jan 14, 2015
Closed on
Apr 20, 2015
Sold by
Fitz Purdue Llc
Bought by
Kaven Patricia
Seller's Agent
Jon Dzwonkoski
Red Brick Realty, LLC
Buyer's Agent
Rick Horst
Keller Williams Arizona Realty
List Price
$204,900
Sold Price
$200,000
Premium/Discount to List
-$4,900
-2.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.84%
Original Mortgage
$144,000
Outstanding Balance
$112,484
Interest Rate
3.67%
Mortgage Type
New Conventional
Estimated Equity
$697,744

Purchase Details

Closed on
Mar 4, 2013
Sold by
Fitz Clarence R
Bought by
Fitz Purdue Llc

Purchase Details

Closed on
Dec 19, 2012
Sold by
Blue Forest Properties Llc
Bought by
Fitz Clarence R

Purchase Details

Closed on
Jun 7, 2011
Sold by
Opara Teresa
Bought by
Blue Forest Properties Llc

Purchase Details

Closed on
Jun 19, 2003
Sold by
Zajusz Joanna
Bought by
Opara Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,500
Interest Rate
5.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 24, 2003
Sold by
Opara Teresa W and Opara Terest
Bought by
Zajusz Joanna and 1238 Purdue Trust

Purchase Details

Closed on
Dec 2, 1997
Sold by
Shoecraft Micah J and Gruber Lincoln E
Bought by
Coho George W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,200
Interest Rate
7.23%
Mortgage Type
VA

Purchase Details

Closed on
Dec 10, 1996
Sold by
Caledonian Park Inc
Bought by
Shoecraft Micah J and Gruber Lincoln E

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
Kaven Patricia J -- None Available
Kaven Patricia $192,000 Clear Title Agency
Fitz Purdue Llc -- None Available
Fitz Clarence R $146,000 Title Management Agency Of A
Blue Forest Properties Llc -- None Available
Opara Teresa -- Arizona Title Agency Inc
Zajusz Joanna -- Old Republic Title Agency
Coho George W $160,000 Stewart Title & Trust
Shoecraft Micah J $120,000 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaven Patricia $144,000
Closed Kaven Patricia $144,000
Previous Owner Opara Teresa $220,500
Previous Owner Opara Teresa W $167,500
Previous Owner Coho George W $163,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2015 04/17/15 Sold $200,000 -2.4% $108 / Sq Ft
03/18/2015 03/18/15 Pending -- -- --
01/13/2015 01/13/15 For Sale $204,900 -- $110 / 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 $1,502 $12,284 -- --
2024 $1,475 $11,699 -- --
2023 $1,475 $51,930 $10,380 $41,550
2022 $1,427 $36,520 $7,300 $29,220
2021 $1,445 $29,320 $5,860 $23,460
2020 $1,409 $25,960 $5,190 $20,770
2019 $1,384 $23,330 $4,660 $18,670
2018 $1,347 $19,700 $3,940 $15,760
2017 $1,341 $16,170 $3,230 $12,940
2016 $1,316 $15,260 $3,050 $12,210
2015 $1,219 $13,030 $2,600 $10,430
Source: Public Records

Agents Affiliated with this Home

  • Jon Dzwonkoski

    Seller's Agent in 2015

    Jon Dzwonkoski

    Red Brick Realty, LLC

    (602) 471-9397

    6 Total Sales

    Jon Dzwonkoski
    Section Image
  • Rick Horst

    Buyer's Agent in 2015

    Rick Horst

    Keller Williams Arizona Realty

    (480) 767-3014

    37 Total Sales

    Rick Horst
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5221216

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-31-018B

Arizona Maricopa County Phoenix 85020 North Central

1238 E Purdue Ave Unit 3, Phoenix, AZ

Homes for Sale in Phoenix, AZ

This home is located at 1238 E Purdue Ave Unit 3, Phoenix, AZ 85020 since 14 January 2015 and is currently priced at $810,228, approximately $435 per square foot. This property was built in 1987. 1238 E Purdue Ave Unit 3 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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