NOT LISTED FOR SALE

1326 N 50th St Phoenix, AZ 85008

Camelback East Village Neighborhood

Estimated Value: $632,000 - $817,000

-- Bed
-- Bath
2,576 Sq Ft
$275/Sq Ft Est. Value

Last Sold June 25, 2013

Last sale price $110,000 $43 Per Sq Ft

Est. 543% increase in value since last sale

Current estimated payment $3,842/month

2 Days on Market

Highlights

  • Cooling Available
  • Concrete Flooring
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A

About This Home

As of June 2013

Solid 4-Plex! All units contain ceramic tile flooring. Out door storage. 2 of the units have washer and dyer hook ups. Great rental area. Easy to keep rented.

Last Agent to Sell the Property

Rocky Banovac

Pacwest Properties, Inc License #BR006400000 Listed on: 06/15/2013

Last Buyer's Agent

David Khalaj

Pro Sports Realty License #SA112431000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $678

Year Built

  • Built in 1960

Lot Details

  • 8,538

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Assigned Parking

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Heat Pump System

Additional Features

  • Concrete Flooring
  • Additional Parcels

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 13
  • Assessor Parcel Number 125-13-057

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are irregular
  • Palomino Estates Subdivision

Building Details

  • Operating Expense $8,993
  • Gross Income $19,440
  • Net Operating Income $11,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$678

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Cross Street: 50th Street and Willeta
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: multifamily
  • Number Of Buildings: 2
  • Year Built: 1960
  • Tax Year: 2012
  • Directions: 48th Street North of McDowell Rd, turn East on Willeta to dead end at 50th Street.
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s)
  • Subdivision Name: PALOMINO ESTATES
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: See Remarks, Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Assigned
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Street Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS, SRP
  • Cooling: Heat Pump, Electric
  • Heating: Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Fuel Expense: 525.0
  • Trash Expense: 1300.0
  • Annual Water Sewer Expense: 1440.0

Lot Info

  • Lot Size: irregular
  • Additional Parcels: Yes
  • Parcel #: 125-13-057

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 4
  • Electric Expense: 200.0
  • Annual Gross Income: 19440.0
  • Insurance Expense: 750.0
  • Maintenance Expense: 2400.0
  • Property Net Operating Income: 11440.0
  • Annual Operating Expense: 8993.0
  • Vacancy Allowance Rate: 0.1

Tax Info

  • Tax Annual Amount: 678.0
  • Tax Book Number: 125.00
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2013
Closed on
Jun 24, 2013
Sold by
Banovac William D and Banovac Catherine J
Bought by
Dabestani Asha
Seller's Agent
Rocky Banovac
Pacwest Properties, Inc
Buyer's Agent
David Khalaj
Pro Sports Realty
List Price
$110,000
Sold Price
$110,000
Total Days on Market
2
Current Estimated Value
$707,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$597,333
Avg. Annual Appreciation
16.97%

Purchase Details

Closed on
Apr 24, 2009
Sold by
Banovac William D and Banovac Catherine J
Bought by
Banovac William D and Banovac Catherine J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 2, 2009
Sold by
Ez Homes Inc
Bought by
Banovac William and Banovac Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 12, 2008
Sold by
Delhey Daniel T
Bought by
Ez Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2007
Sold by
Owenby Lawrence D and Owenby Leonor V
Bought by
Delhey Daniel T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage
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
Dabestani Asha $110,000 Fidelity National Title Agen
Banovac William D -- Guaranty Title Agency
Banovac William -- None Available
Ez Homes Inc $113,601 None Available
Delhey Daniel T $255,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Banovac William D $100,000
Previous Owner Banovac William $95,000
Previous Owner Delhey Daniel T $204,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2013 06/25/13 Sold $110,000 0.0% $43 / Sq Ft
06/16/2013 06/16/13 Pending -- -- --
06/14/2013 06/14/13 For Sale $110,000 -- $43 / 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 $1,050 $8,744 -- --
2024 $1,040 $8,328 -- --
2023 $1,040 $42,520 $6,170 $36,350
2022 $1,003 $26,630 $3,860 $22,770
2021 $1,020 $23,300 $3,380 $19,920
2020 $1,001 $19,880 $2,880 $17,000
2019 $997 $17,360 $2,520 $14,840
2018 $939 $14,650 $2,120 $12,530
2017 $899 $13,460 $1,950 $11,510
2016 $880 $9,800 $1,420 $8,380
2015 $826 $7,870 $1,140 $6,730
Source: Public Records

Agents Affiliated with this Home

  • Rocky Banovac

    Seller's Agent in 2013

    Rocky Banovac

    Pacwest Properties, Inc

    (602) 574-7000

    29 Total Sales

    Rocky Banovac
    Section Image
  • David Khalaj

    Buyer's Agent in 2013

    David Khalaj

    Pro Sports Realty

    (602) 579-6430

    22 Total Sales

    David Khalaj
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4952950

Arizona Regional Multiple Listing Service (ARMLS)

APN: 125-13-057

Arizona Maricopa County Phoenix 85008 Camelback East Village

1326 N 50th St, Phoenix, AZ

This home is located at 1326 N 50th St, Phoenix, AZ 85008 since 15 June 2013 and is currently estimated at $707,333, approximately $274 per square foot. This property was built in 1960. 1326 N 50th St is a home located in Maricopa County with nearby schools including Brunson-Lee Elementary School, Camelback High School, and Phoenix Coding Academy.

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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