NOT LISTED FOR SALE

1324 E Peoria Ave Unit A/B Phoenix, AZ 85020

North Mountain Village Neighborhood

Estimated Value: $412,534 - $495,000

-- Bed
2 Baths
768 Sq Ft
$586/Sq Ft Est. Value

Last Sold March 30, 2020

Last sale price $295,000 $384 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,438/month

28 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Shadow Mountain High School Rated A-
  • Central Heating and Cooling System

About This Home

As of March 2020

Come see this great Duplex located in Phoenix! Recently remodeled attached units! New Windows, Granite Kitchen Counter tops and Bathroom Counter Tops. New Vanity, New Carpet. Unit A has: All new Electrical. New Fully fenced and with 2 beds, 1 bath each. Step inside to find saltillo tile in traffic areas, a nice eat-in kitchen with ample cabinets, and bright living room. Both bedrooms have carpet & closet. The backyard features a covered patio with separate Laundry Room includes Washer and Dryer and a mature tree that provide constant shade. Great location & great investment opportunity with 8.5% Cap Rate. Call & book a showing!

Last Agent to Sell the Property

Alberto Ceja Santiago

DeLex Realty License #BR654820000 Listed on: 01/31/2020

Co-Listed By

Mark Andersen

DeLex Realty License #SA686789000

Last Buyer's Agent

Renee Epple

HomeSmart License #SA686704000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $684

Year Built

  • Built in 1980

Lot Details

  • 6,926

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • On-Street Parking

Schools

  • Sunnyslope Elementary School
  • Sunnyslope High School

Utilities

  • Central Heating and Cooling System
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for trash collection, electricity, water, sewer, cable TV, landscaping
  • The owner pays for electricity, trash collection, water, sewer, cable TV, landscaping
  • Tax Lot 479
  • Assessor Parcel Number 159-23-180

Community Details

Overview

  • 2 Units
  • Building Dimensions are 6908
  • Palo Verde Hills Subdivision

Building Details

  • Operating Expense $1,451
  • Gross Income $31,176
  • Net Operating Income $29,725

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$684

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Cross Street: E Peoria Ave & N Cave Creed Rd
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1980
  • Tax Year: 2019
  • Directions: North on Cave Creek, Turn right on Peoria Ave, units are on Right hand side
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: dele001
  • Co List Office Phone: 602-910-3002
  • Subdivision Name: PALO VERDE HILLS
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Microwave, Washer/Dryer
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Stucco, Block, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: 1 Space/Unit, Street Parking
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking:Street Parking: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Central A/C
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes

Schools

  • Elementary School: Sunnyslope Elementary School
  • High School: Sunnyslope High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Sunnyslope Elementary School

Lot Info

  • Lot Size: 6908
  • Additional Parcels: No
  • Parcel #: 159-23-180

Multi Family

  • Owner Pays: Electricity, Trash Collection, Water, Sewer, Cable TV, Landscaping
  • Tenant Pays: Trash Collection, Electricity, Water, Sewer, Cable TV, Landscaping
  • Number Of Units Total: 2
  • Annual Gross Income: 31176.0
  • Insurance Expense: 767.4
  • Property Net Operating Income: 29724.6
  • Annual Operating Expense: 1451.4

Tax Info

  • Tax Annual Amount: 684.0
  • Tax Book Number: 159.00
  • Tax Lot: 479

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2024
Sold by
Pandey Anshul
Bought by
Aad Holdings Phx Llc
Current Estimated Value
$450,134

Purchase Details

Listed on
Jan 31, 2020
Closed on
Mar 26, 2020
Sold by
Goel Bhawana
Bought by
Pandey Anshul
Seller's Agent
Alberto Ceja Santiago
DeLex Realty
Buyer's Agent
Renee Epple
HomeSmart
List Price
$339,997
Sold Price
$295,000
Premium/Discount to List
-$44,997
-13.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.05%
Original Mortgage
$221,250
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 31, 2020
Closed on
Mar 23, 2020
Sold by
Cash Now Homes Llc
Bought by
Pandey Anshul
Seller's Agent
Alberto Ceja Santiago
DeLex Realty
Buyer's Agent
Renee Epple
HomeSmart
List Price
$339,997
Sold Price
$295,000
Premium/Discount to List
-$44,997
-13.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,250
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2019
Sold by
Equity Suaries Llc
Bought by
Cash Now Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,775
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 21, 2018
Sold by
Marquez Sylvia L and Marquez Richard E
Bought by
Equity Sunrise Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2006
Sold by
Solis Joseph and Solis Gloria
Bought by
Marquez Richard E and Marquez Sylvia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,200
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 2005
Sold by
Arias Edgar and Arias Maria
Bought by
Solis Joseph and Solis Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,800
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2003
Sold by
Arias Edgar
Bought by
Arias Edgar and Arias Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,300
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 2003
Sold by
Arias Maria
Bought by
Arias Edgar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,300
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 1997
Sold by
Arias Maria
Bought by
Arias Edgar
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
Aad Holdings Phx Llc -- None Listed On Document
Pandey Anshul -- Chicago Title Agency Inc
Pandey Anshul -- Chicago Title Agency Inc
Cash Now Homes Llc $139,997 Title Alliance Of Phoenix Ag
Equity Sunrise Llc $168,000 Chicago Title Agency Inc
Marquez Richard E -- Capital Title Agency Inc
Solis Joseph $146,000 First American Title Ins Co
Arias Edgar -- Fidelity Title
Arias Edgar -- Fidelity National Title
Arias Edgar -- First Freedom Title Agency
Arias Edgar $77,500 First Freedom Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pandey Anshul $221,250
Previous Owner Equity Sunrise Llc $110,000
Previous Owner Marquez Richard E $166,200
Previous Owner Solis Joseph $116,800
Previous Owner Arias Edgar $75,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2020 03/30/20 Sold $295,000 -13.2% $384 / Sq Ft
03/29/2020 03/29/20 For Sale $339,997 0.0% $443 / Sq Ft
03/29/2020 03/29/20 Price Changed $339,997 0.0% $443 / Sq Ft
03/01/2020 03/01/20 For Sale $339,997 0.0% $443 / Sq Ft
02/27/2020 02/27/20 Pending -- -- --
02/18/2020 02/18/20 Price Changed $339,997 -2.6% $443 / Sq Ft
01/30/2020 01/30/20 For Sale $349,000 -- $454 / 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 $725 $7,286 -- --
2024 $710 $6,939 -- --
2023 $710 $26,330 $5,260 $21,070
2022 $703 $20,000 $4,000 $16,000
2021 $705 $16,770 $3,350 $13,420
2020 $683 $15,230 $3,040 $12,190
2019 $684 $12,610 $2,520 $10,090
2018 $662 $10,680 $2,130 $8,550
2017 $634 $8,450 $1,690 $6,760
2016 $624 $7,810 $1,560 $6,250
2015 $578 $6,450 $1,290 $5,160
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Alberto Ceja Santiago

    DeLex Realty

  • M

    Seller Co-Listing Agent in 2020

    Mark Andersen

    DeLex Realty

    Section Image

  • R

    Buyer's Agent in 2020

    Renee Epple

    HomeSmart

    (480) 881-0670

    37 Total Sales

    Renee Epple
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6030781

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-23-180

Arizona Maricopa County Phoenix 85020 North Mountain Village

1324 E Peoria Ave Unit A/B, Phoenix, AZ

This home is located at 1324 E Peoria Ave Unit A/B, Phoenix, AZ 85020 since 31 January 2020 and is currently estimated at $450,134, approximately $586 per square foot. This property was built in 1980. 1324 E Peoria Ave Unit A/B is a home located in Maricopa County with nearby schools including Larkspur Elementary School, Shea Middle School, and Shadow Mountain 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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