NOT LISTED FOR SALE

1320 W Sahuaro Dr Phoenix, AZ 85029

North Mountain Village Neighborhood

Estimated Value: $239,449 - $496,000

-- Bed
-- Bath
2,014 Sq Ft
$203/Sq Ft Est. Value

Last Sold February 04, 2016

Last sale price $112,000 $56 Per Sq Ft

Est. 265% increase in value since last sale

Current estimated payment $2,304/month

218 Days on Market

Highlights

  • Evaporated cooling system
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas
  • Sunnyslope High School Rated A

About This Home

As of February 2016

$$$ GREAT OPPORTUNITY FOR a Two x 2-Bedroom & One x 3-Bedroom TRI-PLEX with PRO FORMA RENTS @ $1,575 /mo in $$$
Seller has completed some rehab including: Lot Drainage, Restoration of all 3 coolers to working order. New tile, Unit #2 is freshly painted, cabinets repaired. Window pane replacements; Drywall repairs, New landscaping & rock. Exterior repainted, Plumbing repairs to unit #1 and #2. Window unit A/C replaced in unit #3. New wood facia under roof, New 40 Gallon water heater in unit #2.

OPPORTUNITY IN MONTHLY RENT GROWTH!! Units are easily rented in this high(er) demand rental area.

Last Agent to Sell the Property

Matthew Sheldon

Legacy Advisory License #BR651072000 Listed on: 06/24/2015

Last Buyer's Agent

Travis Mast

My Home Group Real Estate License #BR113432000

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $837

Year Built

  • Built in 1960

Lot Details

  • 8,276

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 6 Parking Spaces
  • 3 Covered Spaces
  • On-Street Parking

Schools

  • Mountain View - Waddell Elementary School
  • Royal Palm Middle School
  • Sunnyslope Elementary High School

Utilities

  • Evaporated cooling system
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot D
  • Assessor Parcel Number 159-15-037-D

Community Details

Overview

  • 3 Units
  • Building Dimensions are IRR

Building Details

  • Operating Expense $4,047
  • Gross Income $17,955
  • Net Operating Income $14,715

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$837

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Cross Street: Peoria & 15th Ave
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: M-M
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1960
  • Tax Year: 2014
  • Directions: From I-17 and Peoria, travel East (towards 51)... turn North (left) on 15th Ave. Turn West (left) on Sahuaro to property.
  • Road Surface Type: Asphalt
  • Tax Parcel Letter: D
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: >1 Space Per Unit, 1 Space/Unit, Street Parking
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Evaporative Cooling, Wall/Window Unit(s)
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 1500.0

Schools

  • Elementary School: Mountain View - Waddell
  • High School: Sunnyslope Elementary School
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Royal Palm Middle School

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 159-15-037-D

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: See Remarks, Gas, Electricity, Cable TV
  • Number Of Units Total: 3
  • Annual Gross Income: 17955.0
  • Insurance Expense: 960.0
  • Maintenance Expense: 750.0
  • Property Net Operating Income: 14715.0
  • Annual Operating Expense: 4046.64
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 836.64
  • Tax Book Number: 159.00
  • Tax Lot: D

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2015
Closed on
Feb 4, 2016
Sold by
Crossbridge Llc
Bought by
Dennison Brad
Seller's Agent
Matthew Sheldon
Legacy Advisory
Buyer's Agent
Travis Mast
My Home Group Real Estate
List Price
$130,000
Sold Price
$112,000
Premium/Discount to List
-$18,000
-13.85%
Current Estimated Value
$408,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,612
Avg. Annual Appreciation
15.27%

Purchase Details

Closed on
Jun 16, 2014
Sold by
Deutsche Bank National Trust Company
Bought by
Crossbridge Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2014
Sold by
Yates Allen and Yates Barbara
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jan 27, 2006
Sold by
Moreci Denise and Moreci Antonino
Bought by
Yates Allen and Yates Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,920
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 2002
Sold by
Brown Charles L and Brown Charles L
Bought by
Moreci Antonio and Moreci Denise
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
Dennison Brad $112,000 Old Republic Title Agency
Crossbridge Llc $78,000 First Arizona Title Agency
Deutsche Bank National Trust Company $99,000 None Available
Yates Allen $249,900 Title Guaranty Agency Of Az
Moreci Antonio $122,500 First Financial Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crossbridge Llc $91,000
Previous Owner Crossbridge Llc $66,500
Previous Owner Yates Allen $199,920
Closed Brown Charles L --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2016 02/04/16 Sold $112,000 -13.8% $56 / Sq Ft
01/28/2016 01/28/16 Pending -- -- --
06/24/2015 06/24/15 For Sale $130,000 -- $65 / 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 $989 $8,086 -- --
2024 $971 $7,701 -- --
2023 $971 $31,860 $6,370 $25,490
2022 $939 $22,760 $4,550 $18,210
2021 $951 $19,500 $3,900 $15,600
2020 $928 $17,180 $3,430 $13,750
2019 $911 $14,910 $2,980 $11,930
2018 $887 $11,200 $2,240 $8,960
2017 $882 $9,900 $1,980 $7,920
2016 $866 $9,220 $1,840 $7,380
2015 $802 $7,830 $1,560 $6,270
Source: Public Records

Agents Affiliated with this Home

  • Matthew Sheldon

    Seller's Agent in 2016

    Matthew Sheldon

    Legacy Advisory

    (310) 967-9252

    5 Total Sales

    Matthew Sheldon
    Section Image
  • Travis Mast

    Buyer's Agent in 2016

    Travis Mast

    My Home Group Real Estate

    (602) 550-5185

    3 in this area

    106 Total Sales

    Travis Mast
    Section Image

  • T

    Buyer's Agent in 2016

    Travis GRI

    Realty Executives

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5298605

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-15-037D

Arizona Maricopa County Phoenix 85029 North Mountain Village

1320 W Sahuaro Dr, Phoenix, AZ

This home is located at 1320 W Sahuaro Dr, Phoenix, AZ 85029 since 24 June 2015 and is currently estimated at $408,612, approximately $202 per square foot. This property was built in 1960. 1320 W Sahuaro Dr is a home located in Maricopa County with nearby schools including Mountain View Elementary School, Sunnyslope High School, and Vista College Prep- Metro North.

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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