Seller's Agent in 2018
Jacob Chapman
Realty85
(602) 502-3008
114 Total Sales
1402 E Culver St Phoenix, AZ 85006
Coronado NeighborhoodEstimated Value: $337,000 - $662,437
Studio
3
Baths
349
Sq Ft
$1,483/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Cooling Available
- Heating System Uses Natural Gas
- Phoenix Coding Academy Rated A
About This Home
As of April 2018Incredible real estate investment opportunity this 3 unit property is located right in the heart of Phoenix with great cash flow potential. All 3 units are 1 bedroom 1 bath units renting out for $600/month. They are currently rented on a month to month lease so there is flexibility for the new owners to renegotiate terms. This property is conveniently located near Downtown Phoenix and major freeway providing easy access and close proximity to entertainment, dining, shopping and business. ***All showings will be Monday 4/9/18 between 10am - 11am.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $892
Year Built
- Built in 1930
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Flooring
- Wood
- Carpet
- Ceramic Tile
Parking
- 1 Parking Space
- 1 Covered Space
- Free Parking
Schools
- Ira A Murphy Elementary School
- Phoenix Prep Academy Middle School
- North High School
Utilities
- Cooling Available
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number 116-21-070
Community Details
Overview
- 2 Buildings
- 3 Units
- Building Dimensions are 108.85 x 50
- Kenwood Tr A, B Subdivision
Building Details
- Operating Expense $892
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 4, 2019
Sold by
Mark Charlo Real Estate Llc
Bought by
1402 E Culver Llc
Current Estimated Value
Purchase Details
Listed on
Mar 8, 2018
Closed on
Apr 23, 2018
Sold by
Treptow Marjorie Grace and Treptow Wayne Fredrick
Bought by
Mark Charlo Real Estate Llc
Seller's Agent
Jacob Chapman
Realty85
Buyer's Agent
Terry Caskey
HomeSmart
List Price
$189,000
Sold Price
$185,000
Premium/Discount to List
-$4,000
-2.12%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.26%
Purchase Details
Closed on
Oct 15, 2010
Sold by
Cordero Marjorie Grace
Bought by
Treptow Marjorie Grace and Treptow Wayne Fredrick
Purchase Details
Closed on
Oct 31, 2003
Sold by
Valenzuela Gregorio
Bought by
Cordero Marjorie Grace
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,871
Interest Rate
5.98%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 9, 1994
Sold by
Resource Technologies Corp
Bought by
Valenzuela Gregorio
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,300
Interest Rate
8.9%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Oct 20, 1994
Sold by
Eckhart Violet M
Bought by
Resource Technologies Corp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,300
Interest Rate
8.9%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Sep 22, 1994
Sold by
Herbert Richard J
Bought by
Eckhart Violet M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,300
Interest Rate
8.9%
Mortgage Type
Seller Take Back
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 1402 E Culver Llc | -- | Accommodation | |
| Mark Charlo Real Estate Llc | $185,000 | Clear Title Agency Of Arizon | |
| Treptow Marjorie Grace | -- | None Available | |
| Cordero Marjorie Grace | $68,285 | Security Title Agency Inc | |
| Valenzuela Gregorio | $39,000 | -- | |
| Resource Technologies Corp | $22,500 | Transamerica Title Ins Co | |
| Eckhart Violet M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Cordero Marjorie Grace | $64,871 | |
| Previous Owner | Valenzuela Gregorio | $37,300 | |
| Previous Owner | Resource Technologies Corp | $20,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/26/2018 04/26/18 | Sold | $185,000 | -2.1% | $530 / Sq Ft |
| 04/10/2018 04/10/18 | Pending | -- | -- | -- |
| 04/03/2018 04/03/18 | For Sale | $189,000 | 0.0% | $542 / Sq Ft |
| 03/21/2018 03/21/18 | Pending | -- | -- | -- |
| 03/20/2018 03/20/18 | For Sale | $189,000 | 0.0% | $542 / Sq Ft |
| 03/10/2018 03/10/18 | Pending | -- | -- | -- |
| 03/08/2018 03/08/18 | For Sale | $189,000 | -- | $542 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,031 | $7,261 | -- | -- |
| 2024 | $962 | $6,915 | -- | -- |
| 2023 | $962 | $27,570 | $5,510 | $22,060 |
| 2022 | $927 | $20,020 | $4,000 | $16,020 |
| 2021 | $920 | $16,010 | $3,200 | $12,810 |
| 2020 | $931 | $14,680 | $2,930 | $11,750 |
| 2019 | $929 | $11,480 | $2,290 | $9,190 |
| 2018 | $914 | $9,470 | $1,890 | $7,580 |
| 2017 | $892 | $7,920 | $1,580 | $6,340 |
| 2016 | $867 | $6,100 | $1,220 | $4,880 |
| 2015 | $802 | $5,910 | $1,180 | $4,730 |
Source: Public Records
Agents Affiliated with this Home
-
Jacob Chapman
-
Terry Caskey
T
Buyer's Agent in 2018
Terry Caskey
HomeSmart
(480) 213-3676
6 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5733870
APN: 116-21-070
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.
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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