NOT LISTED FOR SALE

1431 N 35th St Phoenix, AZ 85008

Camelback East Village Neighborhood

Estimated Value: $382,000 - $1,005,000

7 Beds
5 Baths
1,479 Sq Ft
$528/Sq Ft Est. Value

Last Sold September 13, 2021

Last sale price $698,000 $472 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,239/month

28 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System
  • Phoenix Coding Academy Rated A

About This Home

As of September 2021

Multi-family dwelling opportunity to buy in central phoenix. One 2-bedroom unit, Four 1-bedroom units, one studio. The lot is capable of holding multiple additional units if buyer would want to expand. All units are rented month-to-month leases, tenants pay electric.

Last Agent to Sell the Property

Brooke Castaneda

HomeSmart License #SA554964000 Listed on: 05/04/2021

HomeSmart

Co-Listed By

Monica Crowell

HomeSmart License #SA555227000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,263

Year Built

  • Built in 1960

Lot Details

  • 0.42

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Stucco
  • Adobe

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces

Schools

  • Creighton Elementary School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 121-03-011
  • Assessor Parcel Number 121-03-011

Community Details

Overview

  • 4 Buildings
  • 6 Units
  • Building Dimensions are 0.42 acres

Building Details

  • Operating Expense $9,286
  • Gross Income $46,200
  • Net Operating Income $36,914

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,263

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Cross Street: McDowell Rd & 35th St
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: M-M
  • Number Of Buildings: 4
  • Ownership: Fee Simple
  • Year Built: 1960
  • Tax Year: 2020
  • Directions: From McDowell, south on 35th Street to property on east side of 35th.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: cril19
  • Co List Office Phone: 602-761-4650
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Adobe, Brick
  • Roof: Composition
  • Construction:Adobe: Yes

Garage/Parking

  • Parking Features: Add'l Parking Avail, 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Add_squote_l Parking Avail: 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
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes

Fee Information

  • Annual Water Sewer Expense: 6403.0

Schools

  • Elementary School: Creighton Elementary School
  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 0.42 acres
  • Additional Parcels: No
  • Parcel #: 121-03-011

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 6
  • Annual Gross Income: 46200.0
  • Insurance Expense: 1620.0
  • Property Net Operating Income: 36914.0
  • Annual Operating Expense: 9286.0

Tax Info

  • Tax Annual Amount: 1263.0
  • Tax Book Number: 121.00
  • Tax Lot: 121-03-011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2021
Closed on
Sep 9, 2021
Sold by
Cas Az Neda Llc
Bought by
Kayo Investments Llc
Seller's Agent
Brooke Castaneda
HomeSmart
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$759,000
Sold Price
$698,000
Premium/Discount to List
-$61,000
-8.04%
Current Estimated Value
$781,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,620
Avg. Annual Appreciation
-0.18%
Original Mortgage
$672,600
Outstanding Balance
$618,648
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$74,413

Purchase Details

Listed on
Mar 23, 2013
Closed on
May 21, 2013
Sold by
Turner Jeffrey A
Bought by
Cas Az Neda Llc
Seller's Agent
Birgit Spencer
West USA Realty
Buyer's Agent
Brooke Castaneda
HomeSmart
List Price
$175,000
Sold Price
$160,000
Premium/Discount to List
-$15,000
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.45%
Original Mortgage
$128,000
Interest Rate
3.38%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 19, 2005
Sold by
Turner Darlene
Bought by
Turner Jeffrey A

Purchase Details

Closed on
Sep 13, 2005
Sold by
Landaverde Hermelinda
Bought by
Turner Jeffrey A

Purchase Details

Closed on
Feb 6, 2004
Sold by
Hernandez Cruz A and Hernandez Maria L
Bought by
Landaverde German A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Interest Rate
7.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 19, 1999
Sold by
Barton Brigit
Bought by
Hernandez Cruz A and Hernandez Maria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
7.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 27, 1996
Sold by
Altvare Joseph L and Altvare Judy
Bought by
Barton Brigit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,536
Interest Rate
8.2%
Mortgage Type
Assumption
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kayo Investments Llc -- American Title Svc Agcy Llc
Cas Az Neda Llc $160,000 Stewart Title & Trust Of Pho
Turner Jeffrey A -- First American Title Ins Co
Turner Jeffrey A $280,000 First American Title Ins Co
Landaverde German A -- Fidelity National Title
Hernandez Cruz A $108,000 First American Title
Barton Brigit $85,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kayo Investments Llc $672,600
Previous Owner Cas Az Neda Llc $128,000
Previous Owner Hernandez Cruz A $81,000
Previous Owner Barton Brigit $31,536
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2021 09/13/21 Sold $698,000 -2.4% $472 / Sq Ft
08/02/2021 08/02/21 Price Changed $715,000 0.0% $483 / Sq Ft
06/01/2021 06/01/21 Price Changed $715,000 -5.8% $483 / Sq Ft
06/01/2021 06/01/21 Pending -- -- --
05/04/2021 05/04/21 For Sale $759,000 +374.4% $513 / Sq Ft
05/31/2013 05/31/13 Sold $160,000 -8.6% $108 / Sq Ft
05/04/2013 05/04/13 Pending -- -- --
03/22/2013 03/22/13 For Sale $175,000 -- $118 / 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 $1,330 $10,232 -- --
2024 $1,315 $9,745 -- --
2023 $1,315 $52,480 $10,490 $41,990
2022 $1,263 $38,610 $7,720 $30,890
2021 $1,294 $31,900 $6,380 $25,520
2020 $1,263 $26,700 $5,340 $21,360
2019 $1,254 $20,550 $4,110 $16,440
2018 $1,228 $16,420 $3,280 $13,140
2017 $1,181 $16,250 $3,250 $13,000
2016 $1,135 $12,980 $2,590 $10,390
2015 $1,056 $10,330 $2,060 $8,270
Source: Public Records

Agents Affiliated with this Home

  • Brooke Castaneda

    Seller's Agent in 2021

    Brooke Castaneda

    HomeSmart

    (480) 206-3658

    4 in this area

    87 Total Sales

    Brooke Castaneda
    Section Image
  • Monica Crowell

    Seller Co-Listing Agent in 2021

    Monica Crowell

    HomeSmart

    (480) 677-0992

    4 in this area

    80 Total Sales

    Monica Crowell
    Section Image

  • N

    Buyer's Agent in 2021

    Non-MLS Agent

    Non-MLS Office

  • B

    Seller's Agent in 2013

    Birgit Spencer

    West USA Realty

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6230954

Arizona Regional Multiple Listing Service (ARMLS)

APN: 121-03-011

Arizona Maricopa County Phoenix 85008 Camelback East Village

1431 N 35th St, Phoenix, AZ

This home is located at 1431 N 35th St, Phoenix, AZ 85008 since 04 May 2021 and is currently estimated at $781,620, approximately $528 per square foot. This property was built in 1960. 1431 N 35th St is a home located in Maricopa County with nearby schools including Gateway School, Camelback High School, and Phoenix Coding Academy.

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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