NOT LISTED FOR SALE

1504 E Clarendon Ave Phoenix, AZ 85014

Central City Neighborhood

Estimated Value: $424,659 - $805,000

Studio
3 Baths
686 Sq Ft
$827/Sq Ft Est. Value

Last Sold September 30, 2016

Last sale price $260,000 $379 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $3,322/month

43 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Individual Controls for Heating
  • Phoenix Coding Academy Rated A

About This Home

As of September 2016

1504 E Clarendon is a 3 unit multifamily property that includes a single family home and duplex. All units are 1 bed/ 1 bath. Constructed of block, the property was recently painted and features clean landscaping throughout.

Last Agent to Sell the Property

Matthew Roach

Orion Investment Real Estate License #SA659386000 Listed on: 07/19/2016

Last Buyer's Agent

David Rogers

Diligence Realty License #BR540039000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,064

Year Built

  • Built in 1940

Lot Details

  • 8,189

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • On-Street Parking

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 12
  • Assessor Parcel Number 118-09-010-A

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are 0.19
  • Court Drive Tract Subdivision

Building Details

  • Operating Expense $1,064
  • Net Operating Income $15,596

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,064

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Cross Street: 15th St & Clarendon Ave
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R1-6
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1940
  • Tax Year: 2015
  • Road Surface Type: Asphalt
  • Subdivision Name: COURT DRIVE TRACT
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, 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: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: 1 Space/Unit, Street Parking
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Street Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Individual
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

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

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 0.19
  • Additional Parcels: No
  • Parcel #: 118-09-010-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 3
  • Property Net Operating Income: 15596.0
  • Annual Operating Expense: 1064.0

Tax Info

  • Tax Annual Amount: 1064.0
  • Tax Book Number: 118.00
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2016
Closed on
Sep 19, 2016
Sold by
Phoenix Fund Ipirg Llc
Bought by
Guis Garret
Seller's Agent
Matthew Roach
Orion Investment Real Estate
Buyer's Agent
David Rogers
Diligence Realty
List Price
$270,000
Sold Price
$260,000
Premium/Discount to List
-$10,000
-3.7%
Current Estimated Value
$610,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$350,951
Avg. Annual Appreciation
8.76%
Original Mortgage
$261,182
Outstanding Balance
$209,887
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$357,278

Purchase Details

Closed on
Mar 5, 2014
Sold by
Crawford Charles E and Vanderhoff Mary K
Bought by
Phoenix Fund Ipirg Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
4.34%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 23, 1999
Sold by
Crawford Charles E and Vanderhoff Mary K
Bought by
Crawford Charles E and Vanderhoff Mary K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,900
Interest Rate
6.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 28, 1999
Sold by
Woodward Thomas Daniel and Woodward Lisa D
Bought by
Crawford Charles E and Vanderhoff Mary K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,900
Interest Rate
6.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 18, 1998
Sold by
Woodward Thomas D
Bought by
Woodward Thomas Daniel and Woodward Lisa D
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
Guis Garret $266,000 American Title Svc Agency Ll
Phoenix Fund Ipirg Llc $165,000 Chicago Title Agency Inc
Crawford Charles E -- --
Crawford Charles E $89,900 Fidelity Title
Woodward Thomas Daniel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guis Garret $261,182
Previous Owner Phoenix Fund Ipirg Llc $82,500
Previous Owner Crawford Charles E $62,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2016 09/30/16 Sold $260,000 -3.7% $379 / Sq Ft
08/31/2016 08/31/16 Pending -- -- --
07/19/2016 07/19/16 For Sale $270,000 -- $394 / 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 $1,519 $11,695 -- --
2024 $1,418 $11,138 -- --
2023 $1,418 $41,600 $8,320 $33,280
2022 $1,410 $32,960 $6,590 $26,370
2021 $1,434 $28,810 $5,760 $23,050
2020 $1,397 $23,830 $4,760 $19,070
2019 $1,337 $20,900 $4,180 $16,720
2018 $1,293 $16,250 $3,250 $13,000
2017 $1,187 $15,100 $3,020 $12,080
2016 $1,145 $11,430 $2,280 $9,150
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Matthew Roach

    Orion Investment Real Estate

  • David Rogers

    Buyer's Agent in 2016

    David Rogers

    Diligence Realty

    (602) 549-2356

    59 Total Sales

    David Rogers
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5472631

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-09-010A

Arizona Maricopa County Phoenix 85014 Central City

1504 E Clarendon 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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