NOT LISTED FOR SALE

1434 E Alta Vista Rd Phoenix, AZ 85042

South Mountain Neighborhood

Estimated Value: $329,000 - $682,000

1 Bed
1 Bath
1,230 Sq Ft
$456/Sq Ft Est. Value

Last Sold June 26, 2023

Last sale price $719,554 $585 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $3,189/month

75 Days on Market

About This Home

As of June 2023

Great Re-development opportunity on nearly 1.6 acre lot. Prelim Plans are in the works with the City of Phoenix for 8 single family homes, individually platted.
See attached plans.
There are currently 2 tenants that are on month to month lease to generate income.
Total 1,730 sf of living space.

Please DO NOT disturb tenants.

Last Agent to Sell the Property

Cindy Moy Zhang

RE/MAX Solutions License #SA701280000 Listed on: 02/23/2023

RE/MAX Solutions

Co-Listed By

Brook Miller

RE/MAX Solutions License #BR533974000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,276

Year Built

  • Built in 1960

Lot Details

  • 1.59

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 20 Open Parking Spaces
  • 20 Parking Spaces

Utilities

  • Cooling Available

Listing and Financial Details

  • Tenant pays for gas, electricity, water, cable TV, landscaping
  • The owner pays for electricity, trash collection, water
  • Tax Lot A
  • Assessor Parcel Number 114-29-092-A

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are 69,304

Building Details

  • Operating Expense $2,276
  • Gross Income $25,200
  • Net Operating Income $21,444

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,276

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Cross Street: 16th St + Southern Ave
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R1-6
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1960
  • Tax Year: 2022
  • Directions: From North or South -Drive on S. 16th Street -enter Alta Vista Drive -Right on 14th Way -Lot is 2nd property on left
  • Road Surface Type: Gravel, Dirt, Alley
  • Co List Office Mls Id: resol001
  • Co List Office Phone: 480-610-6500
  • Subdivision Name: N/A
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: ALTA Survey Availbl
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Other (See Remarks)
  • Open Parking Spaces: 20.0
  • Total Parking Spaces: 20.0
  • General Property Description:Uncvrd Parking Spcs: 20.0
  • General Property Description:Total Parking Spcs: 20.0
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: APS
  • Cooling Y N: Yes
  • Water Source: City Franchise
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 69,304
  • Additional Parcels: No
  • Parcel #: 114-29-092-A

Multi Family

  • Owner Pays: Other, Electricity, Trash Collection, Water
  • Tenant Pays: Gas, Electricity, Water, Cable TV, Landscaping
  • Number Of Units Total: 2
  • Annual Gross Income: 25200.0
  • Property Net Operating Income: 21444.0
  • Annual Operating Expense: 2276.0

Tax Info

  • Tax Annual Amount: 2276.0
  • Tax Book Number: 114.00
  • Tax Lot: A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2023
Closed on
Jun 26, 2023
Sold by
Fen Investments Inc
Bought by
Grc Ventura Enterprises Inc
Seller's Agent
Cindy Moy Zhang
RE/MAX Solutions
List Price
$790,000
Sold Price
$719,554
Premium/Discount to List
-$70,446
-8.92%
Views
62
Current Estimated Value
$561,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$158,083
Avg. Annual Appreciation
-8.88%

Purchase Details

Listed on
Oct 7, 2021
Closed on
Nov 24, 2021
Sold by
Pham Duc M
Bought by
Fen Investments Inc
Seller's Agent
Kelly Henderson
Keller Williams Arizona Realty
Buyer's Agent
Brook Miller
RE/MAX Solutions
List Price
$535,000
Sold Price
$500,000
Premium/Discount to List
-$35,000
-6.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.09%
Original Mortgage
$270,000
Interest Rate
3.05%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 17, 2009
Sold by
Le Tam
Bought by
Pham Duc M
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
Grc Ventura Enterprises Inc $719,554 First Integrity Title
Fen Investments Inc $500,000 Clear Title Agency Of Az
Pham Duc M -- Magnus Title Agency
Pham Duc M $69,000 Magnus Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fen Investments Inc $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2023 06/26/23 Sold $719,554 -8.9% $585 / Sq Ft
02/22/2023 02/22/23 For Sale $790,000 +58.0% $642 / Sq Ft
11/29/2021 11/29/21 Sold $500,000 -6.5% $407 / Sq Ft
11/29/2021 11/29/21 Price Changed $535,000 0.0% $435 / Sq Ft
10/25/2021 10/25/21 Pending -- -- --
10/17/2021 10/17/21 Pending -- -- --
10/07/2021 10/07/21 For Sale $535,000 -- $435 / 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 $2,674 $18,202 -- --
2024 $2,598 $17,335 -- --
2023 $2,598 $30,920 $6,180 $24,740
2022 $2,276 $22,530 $4,500 $18,030
2021 $2,597 $17,910 $3,580 $14,330
2020 $2,565 $16,800 $3,360 $13,440
2019 $2,482 $15,820 $3,160 $12,660
2018 $2,416 $15,180 $3,030 $12,150
2017 $2,302 $13,260 $2,650 $10,610
2016 $2,464 $14,970 $2,990 $11,980
2015 $1,787 $15,160 $3,030 $12,130
Source: Public Records

Agents Affiliated with this Home

  • Cindy Moy Zhang

    Seller's Agent in 2023

    Cindy Moy Zhang

    RE/MAX

    (646) 206-0905

    1 in this area

    6 Total Sales

    Cindy Moy Zhang
    Section Image
  • Brook Miller

    Seller Co-Listing Agent in 2023

    Brook Miller

    RE/MAX

    (602) 391-7164

    5 in this area

    144 Total Sales

    Brook Miller
    Section Image
  • Kelly Henderson

    Seller's Agent in 2021

    Kelly Henderson

    Keller Williams Arizona Realty

    (602) 518-2293

    6 in this area

    235 Total Sales

    Kelly Henderson
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6523995

Arizona Regional Multiple Listing Service (ARMLS)

APN: 114-29-092A

Arizona Maricopa County Phoenix 85042 South Mountain

1434 E Alta Vista Rd, Phoenix, AZ

This home is located at 1434 E Alta Vista Rd, Phoenix, AZ 85042 since 23 February 2023 and is currently estimated at $561,471, approximately $456 per square foot. This property was built in 1960. 1434 E Alta Vista Rd is a home located in Maricopa County with nearby schools including John F. Kennedy Elementary School, C O Greenfield School, and South Mountain High School.

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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