1517 W Thomas Rd Phoenix, AZ 85015
North Encanto Neighborhood
--
Bed
--
Bath
900
Sq Ft
6,055
Sq Ft Lot
Highlights
- Cooling Available
- Ceramic Tile Flooring
- Individual Controls for Heating
- Maie Bartlett Heard Elementary School Rated 9+
About This Home
As of March 2017Trophy Property! Beautiful Bones with newer HVACs, BRAND NEW ROOF, copper plumbing and updated electrical service! Unit mix is two 2/2s and two 1/1s. Walk to Phoenix College! Encanto Golf Course to the South - awesome area! Rents are a little below market. On site laundry! Covered parking and owner storage. Buyer to verify all items prior to close of escrow.
Last Agent to Sell the Property
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler License #BR517153000 Listed on: 05/10/2013
Co-Listed By
Lois Kaipainen
Income Property Shop License #SA567276000
Last Buyer's Agent
Berkshire Hathaway HomeServices Arizona Properties License #SA536601000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,202
Year Built
- Built in 1938
Home Design
- Composition Roof
- Block Exterior
- Stucco
Flooring
- Carpet
- Ceramic Tile
- Vinyl
Parking
- 3 Open Parking Spaces
- 7 Parking Spaces
- 4 Covered Spaces
- Common or Shared Parking
- Paved Parking
Utilities
- Cooling Available
- Individual Controls for Heating
Listing and Financial Details
- Tenant pays for gas, electricity
- The owner pays for electricity, trash collection, water, sewer, landscaping
- Tax Lot 9
- Assessor Parcel Number 111-47-007
Community Details
Overview
- 4 Units
- Building Dimensions are irr
- Margarita Place Subdivision
Building Details
- Operating Expense $9,104
- Gross Income $25,889
- Net Operating Income $16,817
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 9, 2020
Sold by
Cohen Diane M and Cohen Benjamin
Bought by
Cohen Benjamin A
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Outstanding Balance
$195,438
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$418,151
Purchase Details
Closed on
Sep 8, 2020
Sold by
Cohen Benjamin A
Bought by
Tellurian Encanto Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Outstanding Balance
$195,438
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$418,151
Purchase Details
Listed on
Feb 5, 2017
Closed on
Mar 18, 2017
Sold by
Cohen Benjamin A
Bought by
Tellurian Encanto Llc
Seller's Agent
Mark Skelpsa
HomeSmart Realty
Buyer's Agent
Susan Nicolson
Sun Cactus Realty
List Price
$280,000
Sold Price
$280,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.71%
Original Mortgage
$210,000
Interest Rate
4.19%
Mortgage Type
Commercial
Purchase Details
Listed on
Feb 5, 2017
Closed on
Feb 15, 2017
Sold by
Mann Elizabeth and Mann David
Bought by
Cohen Benjamin A
Seller's Agent
Mark Skelpsa
HomeSmart Realty
Buyer's Agent
Susan Nicolson
Sun Cactus Realty
List Price
$280,000
Sold Price
$280,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.19%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 7, 2013
Sold by
Mccutcheon Richard and Mccutcheon Shaun E
Bought by
Mann Elizabeth and Mann David
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
4.18%
Mortgage Type
Commercial
Purchase Details
Closed on
May 27, 2009
Sold by
Mccutcheon Richard
Bought by
Mccutcheon Richard and Mccutcheon Shaun E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,750
Interest Rate
4.71%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 29, 2009
Sold by
Mccutcheon Judith Ann
Bought by
Mccutcheon Richard
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,750
Interest Rate
4.71%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 4, 2009
Sold by
Puffer Susan
Bought by
Mccutcheon Richard
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,750
Interest Rate
4.71%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 7, 2007
Sold by
Puffer Susan Jean
Bought by
Trf Investments Llc
Purchase Details
Closed on
Aug 4, 2006
Sold by
Apy Properties Llc
Bought by
Puffer Susan Jean
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,800
Interest Rate
3%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Dec 28, 2004
Sold by
Young Richard
Bought by
Apy Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.12%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 22, 2004
Sold by
Nelson Blanca
Bought by
Young Richard
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.12%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 2, 2004
Sold by
Young Priscilla
Bought by
Young Richard
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.12%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 19, 2002
Sold by
Nelson William B and Nelson Blanca
Bought by
Nelson Blanca
Purchase Details
Closed on
Oct 5, 2001
Sold by
Perry Lizbeth H
Bought by
Nelson William B and Nelson Blanca
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.63%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 22, 2001
Sold by
Farr Eugene W
Bought by
Perry Lizbeth H
Purchase Details
Closed on
Feb 22, 1997
Sold by
Wells Fargo Credit Corp
Bought by
Farr Eugene W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
7.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 19, 1996
Sold by
Grier William H
Bought by
Wells Fargo Credit Corp
Similar Homes in Phoenix, AZ
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Lawyers Title Of Arizona Inc | |
| Warranty Deed | -- | Accommodation | |
| Warranty Deed | -- | Accommodation | |
| Warranty Deed | $280,000 | Lawyers Title Of Arizona Inc | |
| Warranty Deed | $232,000 | Chicago Title Agency Inc | |
| Interfamily Deed Transfer | -- | Lawyers Title Of Arizona Inc | |
| Interfamily Deed Transfer | -- | Lawyers Title Of Arizona Inc | |
| Warranty Deed | $197,000 | Lawyers Title Of Arizona Inc | |
| Quit Claim Deed | $197,000 | Lawyers Title Of Arizona Inc | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $328,500 | Stewart Title & Trust Of Pho | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $250,000 | Capital Title Agency Inc | |
| Interfamily Deed Transfer | -- | Capital Title Agency Inc | |
| Interfamily Deed Transfer | -- | Transnation Title Insurance | |
| Warranty Deed | $190,000 | North American Title Agency | |
| Interfamily Deed Transfer | -- | North American Title Agency | |
| Warranty Deed | $126,700 | -- | |
| Warranty Deed | $65,000 | Fidelity Title | |
| Trustee Deed | -- | Security Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $270,000 | New Conventional | |
| Previous Owner | $210,000 | Commercial | |
| Previous Owner | $174,000 | Commercial | |
| Previous Owner | $147,750 | Commercial | |
| Previous Owner | $262,800 | Negative Amortization | |
| Previous Owner | $225,000 | Commercial | |
| Previous Owner | $170,000 | Credit Line Revolving | |
| Previous Owner | $152,000 | Commercial | |
| Previous Owner | $48,750 | Commercial | |
| Closed | $19,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/17/2017 03/17/17 | Sold | $280,000 | 0.0% | $311 / Sq Ft |
| 02/09/2017 02/09/17 | Pending | -- | -- | -- |
| 02/03/2017 02/03/17 | For Sale | $280,000 | 0.0% | $311 / Sq Ft |
| 05/15/2014 05/15/14 | Rented | $795 | -5.9% | -- |
| 05/09/2014 05/09/14 | Under Contract | -- | -- | -- |
| 12/04/2013 12/04/13 | For Rent | $845 | 0.0% | -- |
| 10/31/2013 10/31/13 | Sold | $232,000 | -6.8% | $258 / Sq Ft |
| 05/25/2013 05/25/13 | Pending | -- | -- | -- |
| 05/10/2013 05/10/13 | For Sale | $249,000 | -- | $277 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $2,028 | $15,162 | -- | -- |
| 2024 | $2,008 | $14,440 | -- | -- |
| 2023 | $2,008 | $54,410 | $10,880 | $43,530 |
| 2022 | $1,937 | $33,000 | $6,600 | $26,400 |
| 2021 | $1,922 | $31,130 | $6,220 | $24,910 |
| 2020 | $1,944 | $26,550 | $5,310 | $21,240 |
| 2019 | $1,941 | $24,310 | $4,860 | $19,450 |
| 2018 | $1,908 | $23,080 | $4,610 | $18,470 |
| 2017 | $1,863 | $19,620 | $3,920 | $15,700 |
| 2016 | $1,810 | $15,080 | $3,010 | $12,070 |
| 2015 | $1,675 | $12,420 | $2,480 | $9,940 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Skelpsa
M
Seller's Agent in 2017
Mark Skelpsa
HomeSmart Realty
(480) 430-5752
13 Total Sales
-
Terry Kass
Seller Co-Listing Agent in 2017
Terry Kass
R.O.I. Properties
(602) 330-2525
26 Total Sales
-
S
Buyer's Agent in 2017
Susan Nicolson
Sun Cactus Realty
-
Allen Kelley
Seller's Agent in 2014
Allen Kelley
AH Properties
(480) 695-2817
36 Total Sales
-
L
Seller's Agent in 2013
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
-
L
Seller Co-Listing Agent in 2013
Lois Kaipainen
Income Property Shop
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 4935761
APN: 111-47-007
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.
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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