NOT LISTED FOR SALE

1434 S 31st Ave Phoenix, AZ 85009

Estrella Village Neighborhood

Estimated Value: $317,017 - $385,000

4 Beds
1 Bath
858 Sq Ft
$403/Sq Ft Est. Value

Last Sold September 25, 2015

Last sale price $156,000 $182 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $1,909/month

97 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Phoenix Coding Academy Rated A

About This Home

As of September 2015

4 individual house with designated yards, sits on 0.52 Acre lot & centrally located. All 4 units are rented, Great freeway access and close proximity to Downtown Phoenix, shopping and places of employment makes this an excellent investment. Plenty of room for additional units and parking, each individual unit has front and backyard. These units can use some updating. Priced to sell quickly.

Last Agent to Sell the Property

Erkan Kurnaz

Realty ONE Group License #SA541933000 Listed on: 06/06/2015

Last Buyer's Agent

Erkan Kurnaz

Realty ONE Group License #SA541933000 Listed on: 06/06/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $638

Year Built

  • Built in 1941

Lot Details

  • 0.54

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Paved Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Window Unit Heating System
  • Septic Tank

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 18
  • Assessor Parcel Number 105-11-034

Community Details

Overview

  • 4 Buildings
  • 4 Units
  • Building Dimensions are 23,514(81.31 x 288.96 )
  • Four Boy Eighty 20 To 41 Subdivision

Building Details

  • Operating Expense $6,873
  • Gross Income $29,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$638

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Cross Street: I-17 & Buckeye Rd. / 35Th St & Buckeye Rd
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: MH -R-5
  • Number Of Buildings: 4
  • Ownership: Fee Simple
  • Year Built: 1941
  • Tax Year: 2014
  • Road Surface Type: Asphalt
  • Subdivision Name: FOUR BOY EIGHTY 20 TO 41
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: See Remarks, Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved Parking, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Central A/C, Electric, Wall/Window Unit(s)
  • Heating: Central, Window/Wall Unit(s), Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes
  • Heating:Central: Yes
  • Heating:WindowWall Unit(s): Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 2400.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 23,514(81.31 x 288.96 )
  • Additional Parcels: No
  • Parcel #: 105-11-034

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 29400.0
  • Insurance Expense: 1435.0
  • Maintenance Expense: 1200.0
  • Annual Operating Expense: 6873.0

Tax Info

  • Tax Annual Amount: 638.0
  • Tax Book Number: 105.00
  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2016
Sold by
Field Alan Douglas
Bought by
31 Fields Llc
Current Estimated Value
$345,754

Purchase Details

Listed on
Jun 6, 2015
Closed on
Sep 24, 2015
Sold by
Celik Ozgur
Bought by
Field Alan D
Seller's Agent
Erkan Kurnaz
Realty ONE Group
Buyer's Agent
Erkan Kurnaz
Realty ONE Group
List Price
$169,975
Sold Price
$156,000
Premium/Discount to List
-$13,975
-8.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.11%

Purchase Details

Closed on
May 21, 2015
Sold by
31St Ave Llc
Bought by
Celik Ozgur

Purchase Details

Closed on
Aug 18, 2014
Sold by
Az3 Imbex Llc
Bought by
31St Ave Llc

Purchase Details

Closed on
May 18, 2009
Sold by
Kilic Turan
Bought by
Az3 Impex Llc

Purchase Details

Closed on
May 8, 2009
Sold by
Jpmc Specialty Mortgage Llc
Bought by
Kilic Turan

Purchase Details

Closed on
Jul 7, 2008
Sold by
Cano Mariano Vince and Cano Mariano Vicente
Bought by
Wm Specialty Mortgage Llc

Purchase Details

Closed on
Jun 8, 2006
Sold by
Cano Home Enterprises Inc
Bought by
Cano Mariano Vicente

Purchase Details

Closed on
Oct 20, 2005
Sold by
Cano Mariano Vicente
Bought by
Cano Home Enterprises Inc

Purchase Details

Closed on
Dec 8, 2003
Sold by
Cano Janette G
Bought by
Cano Mariano Vicente

Purchase Details

Closed on
Apr 10, 2000
Sold by
Sanchez Michael
Bought by
Sanchez John

Purchase Details

Closed on
Oct 27, 1997
Sold by
Butler Edwin R and Butler Pauline E
Bought by
Sanchez Michael
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
31 Fields Llc -- None Available
Field Alan D $156,000 Driggs Title Agency Inc
Celik Ozgur $125,000 Driggs Title Agency Inc
31St Ave Llc -- None Available
Az3 Impex Llc -- None Available
Kilic Turan $27,100 Security Title Agency
Wm Specialty Mortgage Llc $132,225 Security Title Agency
Cano Mariano Vicente -- None Available
Cano Home Enterprises Inc -- --
Cano Mariano Vicente -- Capital Title Agency Inc
Sanchez John -- Capital Title Agency Inc
Sanchez Michael $61,000 Stewart Title & Trust
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2015 09/25/15 Sold $156,000 -8.2% $182 / Sq Ft
09/11/2015 09/11/15 Pending -- -- --
06/06/2015 06/06/15 For Sale $169,975 -- $198 / 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 $1,079 $8,630 -- --
2024 $1,036 $8,220 -- --
2023 $1,036 $24,220 $4,840 $19,380
2022 $993 $19,730 $3,940 $15,790
2021 $1,052 $19,280 $3,850 $15,430
2020 $1,016 $19,320 $3,860 $15,460
2019 $1,005 $12,720 $2,540 $10,180
2018 $985 $11,250 $2,250 $9,000
2017 $947 $8,520 $1,700 $6,820
2016 $960 $7,320 $1,460 $5,860
2015 $684 $6,430 $1,280 $5,150
Source: Public Records

Agents Affiliated with this Home

  • Erkan Kurnaz

    Seller's Agent in 2015

    Erkan Kurnaz

    Realty One Group

    (602) 505-0170

    36 Total Sales

    Erkan Kurnaz
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5290630

Arizona Regional Multiple Listing Service (ARMLS)

APN: 105-11-034

Arizona Maricopa County Phoenix 85009 Estrella Village

1434 S 31st Ave, Phoenix, AZ

Not Listed for Sale

MultiFamily

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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