NOT LISTED FOR SALE

1340 E Vista Ave Phoenix, AZ 85020

Camelback East Village Neighborhood

Estimated Value: $737,133 - $814,000

1 Bed
-- Bath
2,760 Sq Ft
$283/Sq Ft Est. Value

Last Sold July 17, 2017

Last sale price $360,000 $130 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $4,238/month

4 Days on Market

Highlights

  • Cooling Available
  • Stone Flooring
  • Heating System Uses Natural Gas
  • Madison Heights Elementary School Rated A-

About This Home

As of July 2017

Great location for 4 plex investment property near 51 and Northern....fully rented....in quiet area yet very centrally located.....very low maintenance....units including roof, paint and AC...are in very good shape.....very good flexible range of units....(1) 1 bedroom, (2) 2 bedroom and (1) 3 bedroom....Laundry room also provides good income.....block construction with covered carport spaces and more assigned and street parking available...No sign DO NOT DISTURB TENANTS

Last Agent to Sell the Property

Kevin Collins

HomeSmart License #SA030494000 Listed on: 06/13/2017

HomeSmart

Last Buyer's Agent

Norma Millett

HomeSmart License #SA552895000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,428

Year Built

  • Built in 1972

Lot Details

  • Property fronts an alley

Home Design

  • Built-Up Roof
  • Foam Roof
  • Block Exterior

Flooring

  • Carpet
  • Stone
  • Concrete
  • Ceramic Tile

Parking

  • 2 Open Parking Spaces
  • 6 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking
  • Paved Parking
  • On-Street Parking
  • Assigned Parking

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 7
  • Assessor Parcel Number 160-22-111

Community Details

Overview

  • 4 Units
  • Building Dimensions are 80X130
  • Mission Viejo Section 2 Subdivision

Building Details

  • Operating Expense $12,333
  • Gross Income $34,540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,428

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Cross Street: 16th Street and Northern
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1972
  • Tax Year: 2016
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Professional Management Expense: 1235.0
  • Subdivision Name: MISSION VIEJO SECTION 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Stone, Concrete
  • Appliances: BI Oven/Range
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Built-Up, Foam
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Paved Parking, Assigned, 1 Space/Unit, Street Parking, Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Carport: Yes
  • Parking:Street Parking: Yes
  • Parking:Paved Parking: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Individual, Electric
  • Heating: Individual, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Fuel Expense: 400.0
  • Annual Water Sewer Expense: 5070.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 80X130
  • Additional Parcels: No
  • Parcel #: 160-22-111

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Gas, Electricity
  • Number Of Units Total: 4
  • Electric Expense: 400.0
  • Annual Gross Income: 34540.0
  • Insurance Expense: 1400.0
  • Maintenance Expense: 1200.0
  • Annual Operating Expense: 12333.0

Tax Info

  • Tax Annual Amount: 1428.0
  • Tax Book Number: 160.00
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2020
Sold by
R & I Dc Manor 26 Llc
Bought by
Fiorella Ida
Current Estimated Value
$779,783

Purchase Details

Listed on
Jun 13, 2017
Closed on
Jul 5, 2017
Sold by
Rose Frances A
Bought by
R&I Dc Manor 26 Llc
Seller's Agent
Kevin Collins
HomeSmart
Buyer's Agent
Norma Millett
HomeSmart
List Price
$364,900
Sold Price
$360,000
Premium/Discount to List
-$4,900
-1.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.59%

Purchase Details

Closed on
Jan 8, 2004
Sold by
Horst Timothy E and Horst Debra C
Bought by
Rose Frances A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,850
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 2002
Sold by
Landi Robert
Bought by
Horst Timothy E and Horst Debra C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.78%

Purchase Details

Closed on
Jul 28, 2000
Sold by
Landi Diana
Bought by
Landi Robert

Purchase Details

Closed on
Apr 8, 1994
Sold by
Heppe Thomas J and Heppe Delma Jean
Bought by
Landi Robert and Landi Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
7.59%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fiorella Ida -- Accommodation
R&I Dc Manor 26 Llc $360,000 Old Republic Title Agency
Rose Frances A $201,000 Arizona Title Agency Inc
Horst Timothy E $180,000 Arizona Title Agency Inc
Landi Robert -- Arizona Title Agency
Landi Robert $83,500 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rose Frances A $170,850
Previous Owner Horst Timothy E $144,000
Previous Owner Landi Robert $73,500
Closed Horst Timothy E $36,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2017 07/17/17 Sold $360,000 -1.3% $130 / Sq Ft
06/17/2017 06/17/17 Pending -- -- --
06/13/2017 06/13/17 For Sale $364,900 -- $132 / 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 $1,820 $13,973 -- --
2024 $1,689 $13,308 -- --
2023 $1,689 $55,610 $11,120 $44,490
2022 $1,639 $37,680 $7,530 $30,150
2021 $1,653 $34,660 $6,930 $27,730
2020 $1,627 $27,520 $5,500 $22,020
2019 $1,591 $24,170 $4,830 $19,340
2018 $1,552 $20,930 $4,180 $16,750
2017 $1,479 $17,270 $3,450 $13,820
2016 $1,428 $14,670 $2,930 $11,740
2015 $1,327 $12,810 $2,560 $10,250
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Kevin Collins

    HomeSmart

    Section Image
  • Norma Millett

    Buyer's Agent in 2017

    Norma Millett

    HomeSmart

    (480) 628-3862

    2 in this area

    37 Total Sales

    Norma Millett
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5619228

Arizona Regional Multiple Listing Service (ARMLS)

APN: 160-22-111

Arizona Maricopa County Phoenix 85020 Camelback East Village

1340 E Vista Ave, Phoenix, AZ

Not Listed for Sale

MultiFamily

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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