NOT LISTED FOR SALE

1426 E Mountain View Rd Phoenix, AZ 85020

North Central Neighborhood

Estimated Value: $763,608 - $854,000

-- Bed
-- Bath
3,784 Sq Ft
$217/Sq Ft Est. Value

Last Sold June 17, 2024

Last sale price $760,000 $201 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,430/month

19 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System
  • Sunnyslope High School Rated A

About This Home

As of June 2024

Fully Occupied Fabulous 4-plex with large 2 bedroom 1.5 bath units. Each unit has a fenced yard/patio and each unit has its own laundry room accessible from the rear patio. Two units are updated with granite countertops and newer appliances. Mountain Views! Easy access to downtown. Plenty of parking and yard areas.

Last Agent to Sell the Property

Bret Bowdish

Arizona Executives License #BR029916000 Listed on: 04/16/2024

Last Buyer's Agent

Danielle Delima

Real Broker License #SA695495000

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,218

Year Built

  • Built in 1983

Lot Details

  • 0.27

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer
  • Tax Lot 46 &48
  • Assessor Parcel Number 159-29-028-A

Community Details

Overview

  • 4 Units
  • Building Dimensions are 120X100
  • Mountain Home Tract Lots 17 Thru 24 41 Thru 48 Subdivision

Building Details

  • Operating Expense $4,488
  • Gross Income $3,914

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,218

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Cross Street: Cave Creek & Mountain View
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1983
  • Tax Year: 2023
  • Directions: East to 4-plex
  • Road Surface Type: Asphalt
  • Subdivision Name: MOUNTAIN HOME TRACT LOTS 17 THRU 24 41 THRU 48
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: Washer/Dryer, W/D Hookup
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Stucco, Frame - Wood
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 3120.0

Schools

  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: 120X100
  • Additional Parcels: No
  • Parcel #: 159-29-028-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Electric Expense: 150.0
  • Annual Gross Income: 3914.0
  • Annual Operating Expense: 4488.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1218.0
  • Tax Book Number: 159.00
  • Tax Lot: 46 &48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2024
Closed on
Jun 17, 2024
Sold by
Klein Robert and Klein Erica
Bought by
Emenogu Ndubuisi and Emenogu Nnamdi
Seller's Agent
Bret Bowdish
Arizona Executives
Buyer's Agent
Danielle Delima
Real Broker
List Price
$785,000
Sold Price
$760,000
Premium/Discount to List
-$25,000
-3.18%
Views
20
Current Estimated Value
$819,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,402
Avg. Annual Appreciation
2.54%
Original Mortgage
$684,000
Outstanding Balance
$679,051
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$105,575
Source: Public Records

Range of Values:

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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
Emenogu Ndubuisi $760,000 Empire Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Emenogu Ndubuisi $684,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2024 06/17/24 Sold $760,000 -3.2% $201 / Sq Ft
05/06/2024 05/06/24 Pending -- -- --
04/16/2024 04/16/24 For Sale $785,000 -- $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 $1,240 $10,142 -- --
2024 $1,218 $9,659 -- --
2023 $1,218 $51,160 $10,230 $40,930
2022 $1,178 $34,620 $6,920 $27,700
2021 $1,193 $27,570 $5,510 $22,060
2020 $1,164 $24,460 $4,890 $19,570
2019 $1,142 $22,660 $4,530 $18,130
2018 $1,112 $18,860 $3,770 $15,090
2017 $1,107 $17,410 $3,480 $13,930
2016 $1,087 $15,760 $3,150 $12,610
2015 $1,006 $14,730 $2,940 $11,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6692023

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-29-028A