NOT LISTED FOR SALE

1309 W Osborn Rd Phoenix, AZ 85013

Campus Vista Neighborhood

Estimated Value: $523,000 - $726,000

-- Bed
-- Bath
1,912 Sq Ft
$307/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $329,000 $172 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $3,350/month

3 Days on Market

Highlights

  • Cooling Available
  • Concrete Flooring
  • Heat Pump System
  • Phoenix Coding Academy Rated A

About This Home

As of September 2020

No sign. Occupied. Please do not disturb tenants. May be shown only after an acceptable offer. This is a well maintained income property priced at a 5.19% CAP based on last year's rents.

Last Agent to Sell the Property

Mark DeMichele

ICG-Phoenix, LLC License #BR513456000 Listed on: 08/06/2020

Last Buyer's Agent

Melissa Twitchell

eXp Realty License #SA676496000

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,224

Year Built

  • Built in 1954

Lot Details

  • 8,625

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces
  • Common or Shared Parking

Schools

  • Encanto Elementary School
  • Osborn Middle School
  • Phoenix Union - Wilson College Preparatory High School

Utilities

  • Cooling Available
  • Heat Pump System

Additional Features

  • Concrete Flooring
  • Property fronts an alley

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Legal Lot and Block 17 / 1
  • Assessor Parcel Number 110-28-024

Community Details

Overview

  • 2 Units
  • Building Dimensions are 65 x 55
  • Mulberry Place Subdivision

Building Details

  • Operating Expense $1,224
  • Gross Income $23,000
  • Net Operating Income $17,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,224

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Cross Street: Osborn and 7th Ave
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1954
  • Tax Year: 2019
  • Directions: West to property
  • Road Frontage Type: Alley
  • Subdivision Name: MULBERRY PLACE
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances: F/S Oven/Range, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Brick Veneer, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: 1 Space/Unit, Common
  • Attached Garage: No
  • Total Parking Spaces: 2.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking:Carport: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Schools

  • Elementary School: Encanto School
  • High School: Phoenix Union - Wilson College Preparatory
  • Middle Or Junior School: Osborn Middle School

Lot Info

  • Lot Size: 65 x 55
  • Additional Parcels: No
  • Parcel #: 110-28-024

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 2
  • Annual Gross Income: 23000.0
  • Property Net Operating Income: 17000.0
  • Annual Operating Expense: 1224.0

Tax Info

  • Tax Annual Amount: 1224.0
  • Tax Block: 1
  • Tax Book Number: 110.00
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2014
Closed on
Oct 1, 2014
Sold by
M&M Osborn 1 Llc
Bought by
Equity Trust Company and Cesa Cole Stephenson
Seller's Agent
Mark DeMichele
ICG-Phoenix, LLC
Buyer's Agent
Mark DeMichele
ICG-Phoenix, LLC
List Price
$167,500
Sold Price
$170,000
Premium/Discount to List
$2,500
1.49%
Current Estimated Value
$586,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$416,292
Avg. Annual Appreciation
12.42%
Original Mortgage
$155,000
Interest Rate
4.08%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 21, 2012
Sold by
Mitchell John Charles
Bought by
M&M Osborn 1 Llc

Purchase Details

Closed on
Apr 27, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Mitchell Sara M and Mitchell John Charles

Purchase Details

Closed on
Feb 19, 2010
Sold by
Davis Luther K
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Dec 14, 2006
Sold by
Dade James T and Porter Richard C
Bought by
Davis Luther K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
7.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2006
Sold by
Defilippis Mara Charise
Bought by
Dade James T and Porter Richard C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,840
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2004
Sold by
Estate Of Christine Stanley and Defilippis Mara Charise
Bought by
Defilippis Mara Charise

Purchase Details

Closed on
Apr 1, 2002
Sold by
Bank One Trust Company
Bought by
Stanley Christine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,800
Interest Rate
6.78%
Mortgage Type
New Conventional
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
Equity Trust Company $170,000 Equity Title Agency Inc
M&M Osborn 1 Llc -- None Available
Mitchell Sara M $79,500 Great American Title Agency
Federal Home Loan Mortgage Corp $80,000 Great American Title Agency
Davis Luther K $260,000 Fidelity National Title
Dade James T $234,800 Fidelity National Title
Defilippis Mara Charise -- --
Stanley Christine A $216,000 Century Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jeroh Odafe $337,500
Closed Jeroh Odafe $322,103
Closed Equity Trust Company $155,000
Previous Owner Davis Luther K $208,000
Previous Owner Dade James T $187,840
Previous Owner Stanley Christine A $172,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2020 09/18/20 Sold $329,000 0.0% $172 / Sq Ft
08/08/2020 08/08/20 Pending -- -- --
08/05/2020 08/05/20 For Sale $329,000 +93.5% $172 / Sq Ft
10/16/2014 10/16/14 Sold $170,000 +1.5% $89 / Sq Ft
09/04/2014 09/04/14 Pending -- -- --
01/04/2014 01/04/14 For Sale $167,500 -- $88 / 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 $1,344 $10,711 -- --
2024 $1,298 $10,201 -- --
2023 $1,298 $31,110 $6,220 $24,890
2022 $1,291 $25,060 $5,010 $20,050
2021 $1,313 $22,030 $4,400 $17,630
2020 $1,280 $20,020 $4,000 $16,020
2019 $1,224 $19,220 $3,840 $15,380
2018 $1,184 $18,180 $3,630 $14,550
2017 $1,087 $14,600 $2,920 $11,680
2016 $1,049 $11,770 $2,350 $9,420
2015 $975 $9,320 $1,860 $7,460
Source: Public Records

Agents Affiliated with this Home

  • Mark DeMichele

    Seller's Agent in 2020

    Mark DeMichele

    ICG-Phoenix, LLC

    (602) 319-8053

    1 in this area

    11 Total Sales

    Mark DeMichele
    Section Image
  • Melissa Twitchell

    Buyer's Agent in 2020

    Melissa Twitchell

    eXp Realty

    (602) 456-0712

    1 in this area

    127 Total Sales

    Melissa Twitchell
    Section Image

  • M

    Buyer's Agent in 2014

    Mark GRI

    Ellis/Arnold & Associates L.L.C.

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6113363

Arizona Regional Multiple Listing Service (ARMLS)

APN: 110-28-024

Arizona Maricopa County Phoenix 85013 Campus Vista

1309 W Osborn Rd, Phoenix, AZ

This home is located at 1309 W Osborn Rd, Phoenix, AZ 85013 since 06 August 2020 and is currently estimated at $586,292, approximately $306 per square foot. This property was built in 1954. 1309 W Osborn Rd is a home located in Maricopa County with nearby schools including Encanto Elementary School, Clarendon Elementary School, and Osborn Middle 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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