NOT LISTED FOR SALE

1500 E Peoria Ave Phoenix, AZ 85020

North Mountain Village Neighborhood

Estimated Value: $230,000 - $281,204

Studio
2 Baths
744 Sq Ft
$352/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $200,000 $269 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,420/month

45 Days on Market

About This Home

As of May 2023

Great access and visibility off Cave Creek Road and Peoria. Two building, first unit is 2 beds one bath. Second unit is one bed one bath. Original residential dwelling was built in 1946 (approximately) and has amazing mountain views! Everything about this home and guest house are original. Interior walls of main home are made of redwood planks. Great opportunity for multiple dwellings. Property is being sold as-is with no seller warranties. NO financial Data is available regarding units and utilities. Buyer to verify all facts, figures, schools and square footage.

Last Agent to Sell the Property

Joe Best

Gentry Real Estate License #SA551259000 Listed on: 01/06/2023

Gentry Real Estate

Last Buyer's Agent

Amy Garza

eXp Realty License #SA700964000

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $655

Year Built

  • Built in 1946

Lot Details

  • 0.49

Home Design

  • Wood Frame Construction
  • Block Exterior

Utilities

  • Evaporated cooling system
  • Floor Furnace
  • Wall Furnace
  • Septic Tank

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 159-22-048-A

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are 0
  • Harmony Acres Subdivision

Building Details

  • Operating Expense $655

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$655

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Cross Street: Cave Creek Rd. & Peoria
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Year Built: 1946
  • Tax Year: 2022
  • Road Surface Type: Asphalt
  • Subdivision Name: HARMONY ACRES
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances Included:None38: Yes

Exterior Features

  • Disclosures: None, Other (See Remarks)
  • Construction Type: Painted, Block, Frame - Wood
  • Roof: Rolled/Hot Mop
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Parking:None30: Yes

Utilities

  • Electric: APS
  • Cooling: Evaporative Cooling
  • Heating: Other, Floor Furnace, Wall Furnace
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Sewer Septic Tank: Yes
  • Heating:Other4: Yes
  • Heating:Wall Furnace: Yes

Condo/Co-op/Association

  • Community Features: Other
  • Amenities: None

Association/Amenities

  • Community Amenities:Other18: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Lot Info

  • Lot Size: 0
  • Additional Parcels: No
  • Parcel #: 159-22-048-A

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 2
  • Annual Operating Expense: 655.0

Tax Info

  • Tax Annual Amount: 655.0
  • Tax Book Number: 159.00
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2023
Closed on
Jun 5, 2023
Sold by
Turn Key Holdings Llc
Bought by
Shelton Maria
Seller's Agent
Joe Best
Gentry Real Estate
Buyer's Agent
Amy Garza
eXp Realty
List Price
$228,000
Sold Price
$200,000
Premium/Discount to List
-$28,000
-12.28%
Views
499
Current Estimated Value
$262,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,051
Avg. Annual Appreciation
10.74%

Purchase Details

Closed on
Jan 3, 2023
Sold by
Solem Robert Alan
Bought by
Turn Key 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
$180,000
Interest Rate
6.61%
Mortgage Type
New Conventional
Source: Public Records
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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
Shelton Maria $200,000 Title Service And Escrow
Turn Key Holdings Llc $200,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Turn Key Holdings Llc $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2023 05/31/23 Sold $200,000 -9.1% $269 / Sq Ft
03/18/2023 03/18/23 Price Changed $220,000 -3.5% $296 / Sq Ft
03/11/2023 03/11/23 For Sale $228,000 0.0% $306 / Sq Ft
03/11/2023 03/11/23 Price Changed $228,000 0.0% $306 / Sq Ft
02/20/2023 02/20/23 Pending -- -- --
02/08/2023 02/08/23 For Sale $228,000 0.0% $306 / Sq Ft
01/20/2023 01/20/23 Pending -- -- --
01/20/2023 01/20/23 Price Changed $228,000 -4.2% $306 / Sq Ft
01/12/2023 01/12/23 Price Changed $238,000 -7.8% $320 / Sq Ft
01/06/2023 01/06/23 For Sale $258,000 -- $347 / 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 $694 $6,792 -- --
2024 $560 $6,469 -- --
2023 $560 $26,910 $5,380 $21,530
2022 $655 $21,010 $4,200 $16,810
2021 $657 $18,560 $3,710 $14,850
2020 $637 $13,170 $2,630 $10,540
2019 $638 $7,780 $1,550 $6,230
2018 $617 $10,400 $2,080 $8,320
2017 $591 $11,780 $2,350 $9,430
2016 $581 $9,510 $1,900 $7,610
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Joe Best

    Gentry Real Estate

    (480) 229-3124

    2 in this area

    24 Total Sales

    Joe Best
    Section Image

  • A

    Buyer's Agent in 2023

    Amy Garza

    eXp Realty

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6504452

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-22-048A

Arizona Maricopa County Phoenix 85020 North Mountain Village

1500 E Peoria 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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