NOT LISTED FOR SALE

1350 E Sahuaro Dr Phoenix, AZ 85020

North Mountain Village Neighborhood

Estimated Value: $281,000 - $453,000

-- Bed
-- Bath
966 Sq Ft
$354/Sq Ft Est. Value

Last Sold January 21, 2021

Last sale price $200,000 $207 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,829/month

8 Days on Market

About This Home

As of January 2021

Investor Opportunity!! Rehabbed Triplex. Updates include: New paint and flooring, kitchens updated with new cabinets and countertops. New HVAC mini-split units. Full rented, tenants in place with up to date rents! DO NOT DISTURB TENANTS! DO NOT ENTER PROPERTY! DRIVE BY ONLY. SHOWINGS ONLY PERMITTED AFTER FULLY ACCEPTED CONTRACT. As-is sale.

Last Agent to Sell the Property

Preston Tribble

The Brokery License #SA660051000 Listed on: 12/07/2020

Co-Listed By

Torie Ellens

My Home Group Real Estate License #SA519755000

Last Buyer's Agent

Kandis Palmer

RETSY License #SA655057000

RETSY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $485

Year Built

  • Built in 1971

Lot Details

  • 6,142

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 3 Parking Spaces
  • 3 Covered Spaces
  • Common or Shared Parking

Schools

  • Larkspur Elementary School
  • Shea Middle School
  • Shadow Mountain High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Master Water Meter

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 410
  • Assessor Parcel Number 159-23-111

Community Details

Overview

  • 3 Units
  • Building Dimensions are 6120
  • Palo Verde Hills Subdivision

Building Details

  • Operating Expense $10,221
  • Gross Income $23,711
  • Net Operating Income $14,224

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$485

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Cross Street: Cactus and Cave Creek
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Year Built: 1971
  • Tax Year: 2020
  • Road Surface Type: Asphalt
  • Professional Management Expense: 1956.0
  • Co List Office Mls Id: myhg02
  • Co List Office Phone: 480-685-2760
  • Subdivision Name: PALO VERDE HILLS
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Common
  • Attached Garage: No
  • Total Parking Spaces: 3.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking:Carport: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 2700.0

Schools

  • Elementary School: Larkspur Elementary School
  • High School: Shadow Mountain High School
  • Middle Or Junior School: Shea Middle School

Lot Info

  • Lot Size: 6120
  • Additional Parcels: No
  • Parcel #: 159-23-111

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: None
  • Number Of Units Total: 3
  • Electric Expense: 2700.0
  • Annual Gross Income: 23710.68
  • Insurance Expense: 1100.0
  • Maintenance Expense: 1280.0
  • Property Net Operating Income: 14224.0
  • Annual Operating Expense: 10221.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 485.0
  • Tax Book Number: 159.00
  • Tax Lot: 410

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2022
Sold by
Daniel Zepeda Michael
Bought by
Zepeda Michael Daniel
Current Estimated Value
$341,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$285,121
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$56,586

Purchase Details

Closed on
May 4, 2022
Sold by
Daniel Zepeda Michael
Bought by
Miloz Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$285,121
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$56,586

Purchase Details

Listed on
Dec 7, 2020
Closed on
Jan 25, 2021
Sold by
Zepeda Michael Daniel
Bought by
Zepeda Michael Daniel and Chavez Martha
Seller's Agent
Preston Tribble
The Brokery
Buyer's Agent
Kandis Palmer
RETSY
List Price
$200,000
Sold Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.40%
Original Mortgage
$150,000
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 7, 2020
Closed on
Jan 13, 2021
Sold by
J & N Investments Llc
Bought by
Zepeda Michael Daniel
Seller's Agent
Preston Tribble
The Brokery
Buyer's Agent
Kandis Palmer
RETSY
List Price
$200,000
Sold Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2019
Sold by
Lewis Daniel A
Bought by
J & N Investments Llc

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
4.1%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 10, 2010
Sold by
Hsbc Bank Usa National Association
Bought by
Lewis Daniel A

Purchase Details

Closed on
Jun 29, 2009
Sold by
Soltero Alexander
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Oct 17, 2006
Sold by
M & L Partnership
Bought by
Soltero Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 2005
Sold by
Biastoch Loyd
Bought by
M & I Partnership

Purchase Details

Closed on
Jan 20, 2000
Sold by
Biastoch Magdalena
Bought by
Magdalena Biastoch Rev Fam Tr
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zepeda Michael Daniel -- Real Advantage Title Insurance
Miloz Llc -- None Listed On Document
Zepeda Michael Daniel -- Real Advantage Title Insurance
Zepeda Michael Daniel -- Accommodation
Zepeda Michael Daniel $200,000 Lawyers Title Of Arizona Inc
J & N Investments Llc $120,000 Old Republic Title Agency
Lewis Daniel A $36,150 Lsi Title Agency
Hsbc Bank Usa National Association $33,583 None Available
Soltero Alexander $160,000 Grand Canyon Title Agency In
M & I Partnership -- --
Magdalena Biastoch Rev Fam Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zepeda Michael Daniel $300,000
Closed Zepeda Michael Daniel $300,000
Previous Owner Zepeda Michael Daniel $150,000
Previous Owner J & N Investments Llc $100,000
Previous Owner Soltero Alexander $128,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2021 01/21/21 Sold $200,000 0.0% $207 / Sq Ft
12/15/2020 12/15/20 Pending -- -- --
12/13/2020 12/13/20 For Sale $200,000 0.0% $207 / Sq Ft
12/11/2020 12/11/20 Pending -- -- --
12/07/2020 12/07/20 For Sale $200,000 -- $207 / 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 $528 $5,169 -- --
2024 $504 $4,923 -- --
2023 $504 $17,630 $3,520 $14,110
2022 $499 $13,470 $2,690 $10,780
2021 $500 $12,630 $2,520 $10,110
2020 $485 $11,330 $2,260 $9,070
2019 $485 $8,970 $1,790 $7,180
2018 $469 $6,830 $1,360 $5,470
2017 $450 $6,030 $1,200 $4,830
2016 $442 $5,510 $1,100 $4,410
2015 $410 $4,520 $900 $3,620
Source: Public Records

Agents Affiliated with this Home

  • Preston Tribble

    Seller's Agent in 2021

    Preston Tribble

    The Brokery

    (480) 710-8220

    1 in this area

    62 Total Sales

    Preston Tribble
    Section Image

  • T

    Seller Co-Listing Agent in 2021

    Torie Ellens

    My Home Group

  • Kandis Palmer

    Buyer's Agent in 2021

    Kandis Palmer

    RETSY

    (602) 741-7531

    6 in this area

    127 Total Sales

    Kandis Palmer
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6168593

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-23-111

Arizona Maricopa County Phoenix 85020 North Mountain Village

1350 E Sahuaro Dr, 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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