1404 E Mountain View Rd Phoenix, AZ 85020
North Central Neighborhood
--
Bed
--
Bath
574
Sq Ft
10,193
Sq Ft Lot
Highlights
- Ceramic Tile Flooring
- Central Air
- 5-minute walk to Sunnyslope Rock Garden
- Sunnyslope High School Rated A
- Heating Available
About This Home
As of April 20255 - unit apartment complex. The property features a shared courtyard and offers a unit mix of 3 one-bedroom, one-bathroom units and 2 two-bedroom, one-bathroom units, each thoughtfully designed with in-unit washer/dryers for added convenience. There is strong value add potential, with opportunities to increase rents and fully stabilize the property. ALL five units were renovated in 2018 and 2019, providing modern upgrades that include new kitchens, bathrooms, windows, doors, roofing, AC Units, sewer lines, and asphalt.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,254
Year Built
- Built in 1980
Home Design
- Wood Frame Construction
- Composition Roof
- Block Exterior
Flooring
- Ceramic Tile Flooring
Parking
- 7 Open Parking Spaces
- 7 Parking Spaces
Schools
- Sunnyslope High School
Utilities
- Central Air
- Heating Available
Listing and Financial Details
- The owner pays for trash collection, water, sewer
- Tax Lot 42
- Assessor Parcel Number 159-29-018
Community Details
Overview
- 2 Buildings
- 5 Units
- Building Dimensions are 0
- Mountain Home Tract Lots 17 Thru 24 41 Thru 48 Subdivision
Building Details
- Operating Expense $12,254
- Gross Income $64,602
- Net Operating Income $54,346
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 17, 2025
Closed on
Apr 29, 2025
Sold by
918 Holdings Llc
Bought by
Linger Holdings Llc
Seller's Agent
Zachary Coty
Compass
Buyer's Agent
Suzye Kleiner
Compass
List Price
$995,000
Sold Price
$770,000
Premium/Discount to List
-$225,000
-22.61%
Total Days on Market
90
Views
14
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-99.96%
Purchase Details
Closed on
Jun 21, 2019
Sold by
Mijo Investments Llc
Bought by
918 Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$497,200
Interest Rate
4.1%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 22, 2011
Sold by
Dawson John R
Bought by
Mijo Investments Llc
Purchase Details
Closed on
May 13, 2011
Sold by
Dawson Sharon M
Bought by
Dawson John R
Purchase Details
Closed on
Feb 25, 2011
Sold by
Aguirre Josue R and Aguirre Michelle
Bought by
Aurora Loan Services Llc
Purchase Details
Closed on
Jun 26, 2001
Sold by
Clark Clark Bridget Marie Bridget Marie and Clark Urban Elizabeth Hawley
Bought by
Aguirre Josue R and Aguirre Michele
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,336
Interest Rate
7.14%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Apr 29, 1998
Sold by
Clark Patricia
Bought by
Clark Bridget Marie and Clark Cooper Bridget Marie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,500
Interest Rate
7.06%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 24, 1998
Sold by
Cooper Andrew J
Bought by
Clark Cooper Bridget Marie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,500
Interest Rate
7.06%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 22, 1998
Sold by
Urban Kenneth Joseph
Bought by
Clark Urban Elizabeth Hawley
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,500
Interest Rate
7.06%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 10, 1995
Sold by
Clark Patricia
Bought by
Clark Patricia and Clark Robert L
Map
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $770,000 | Pioneer Title Agency | |
| Warranty Deed | $615,000 | Wfg National Title Ins Co | |
| Special Warranty Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | Guaranty Title Agency | |
| Cash Sale Deed | $70,000 | Guaranty Title Agency | |
| Trustee Deed | $93,000 | Accommodation | |
| Warranty Deed | $165,900 | Transnation Title Insurance | |
| Interfamily Deed Transfer | -- | Fidelity Title | |
| Interfamily Deed Transfer | -- | Fidelity Title | |
| Interfamily Deed Transfer | -- | Fidelity Title | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $390,000 | Unknown | |
| Previous Owner | $497,200 | Commercial | |
| Previous Owner | $276,000 | Negative Amortization | |
| Previous Owner | $188,000 | Commercial | |
| Previous Owner | $163,336 | Seller Take Back | |
| Previous Owner | $56,500 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/30/2025 04/30/25 | Sold | $770,000 | -6.7% | $1,341 / Sq Ft |
| 02/10/2025 02/10/25 | Price Changed | $825,000 | -17.1% | $1,437 / Sq Ft |
| 01/17/2025 01/17/25 | For Sale | $995,000 | -- | $1,733 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
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 | $1,254 | $10,249 | -- | -- |
| 2024 | $1,231 | $9,761 | -- | -- |
| 2023 | $1,231 | $51,250 | $10,250 | $41,000 |
| 2022 | $1,191 | $36,460 | $7,290 | $29,170 |
| 2021 | $1,206 | $30,520 | $6,100 | $24,420 |
| 2020 | $1,145 | $27,260 | $5,450 | $21,810 |
| 2019 | $1,124 | $23,380 | $4,670 | $18,710 |
| 2018 | $1,094 | $19,760 | $3,950 | $15,810 |
| 2017 | $1,089 | $18,100 | $3,620 | $14,480 |
| 2016 | $1,070 | $16,230 | $3,240 | $12,990 |
| 2015 | $991 | $15,010 | $3,000 | $12,010 |
Source: Public Records
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6805518
APN: 159-29-018
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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