NOT LISTED FOR SALE

1519 W Osborn Rd Unit 1,2 & 3 Phoenix, AZ 85015

North Encanto Neighborhood

Estimated Value: $720,000 - $870,000

6 Beds
3 Baths
776 Sq Ft
$1,023/Sq Ft Est. Value

Last Sold March 03, 2022

Last sale price $775,000 $999 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,321/month

3 Days on Market

Highlights

  • Heated Spa
  • Cooling Available
  • Ceramic Tile Flooring
  • Phoenix Coding Academy Rated A
  • Community Playground
  • Heating System Uses Natural Gas

About This Home

As of March 2022

This charming property is located in the highly sought after historic district of Encanto and features 3-2bedroom, 1 bath units with spacious
living areas. Professionally designed landscaping with Tropical Mature Trees in private front yards. Close proximity to major Down Town
Phoenix highways, light rail, and amazing restaurants. See document tab for Air B&B income. Can be used for either monthly rentals, or Air
B&B in this great Phoenix location.

Last Agent to Sell the Property

Judith Zoske

Power Realty Group Model Home Center License #SA527775000 Listed on: 01/07/2022

Last Buyer's Agent

Laurie Parent

AH Properties License #SA515846000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,210

Year Built

  • Built in 1952

Lot Details

  • 7,797

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 1 Open Parking Space
  • 4 Parking Spaces
  • 3 Covered Spaces
  • Common or Shared Parking
  • Assigned Parking

Pool

  • Heated Spa

Schools

  • Encanto Elementary School
  • Clarendon Middle School
  • Central High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for trash collection, water, sewer
  • Tax Lot 7
  • Assessor Parcel Number 110-27-007

Community Details

Overview

  • 3 Units
  • Building Dimensions are 61X128, 7813 sq ft
  • College Homes Subdivision

Recreation

  • Community Playground

Building Details

  • Operating Expense $1,210
  • Gross Income $66,453

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,210

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Cross Street: 15TH AVE AND OSBORN
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1952
  • Tax Year: 2021
  • Directions: 3RD BUILDING EAST 16TH AVE, PARKING IN REAR
  • Road Surface Type: Concrete, Curb(s) & Gutter(s), Sidewalk(s), Alley
  • Subdivision Name: College Homes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Assigned, Add'l Parking Avail, Common
  • Attached Garage: No
  • Open Parking Spaces: 1.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 1.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Electric
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Play Area, Heated Spa(s)

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:Play Area: Yes
  • Community Amenities:Heated Spa(s): Yes

Schools

  • Elementary School: Encanto School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Clarendon School

Lot Info

  • Lot Size: 61X128, 7813 sq ft
  • Additional Parcels: No
  • Parcel #: 110-27-007

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Gas, Electricity
  • Number Of Units Total: 3
  • Annual Gross Income: 66453.45
  • Annual Operating Expense: 1210.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1210.0
  • Tax Book Number: 110.00
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 6, 2024
Sold by
Russell Charlotte R and Russell Brandon A
Bought by
Russell Living Trust and Russell
Current Estimated Value
$794,084

Purchase Details

Listed on
Jan 7, 2022
Closed on
Feb 24, 2022
Sold by
Donohue Michael S
Bought by
Russell Charlotte R and Russell Brandon A
Seller's Agent
Judith Zoske
Power Realty Group Model Home Center
Buyer's Agent
Laurie Parent
AH Properties
List Price
$765,000
Sold Price
$775,000
Premium/Discount to List
$10,000
1.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.68%
Original Mortgage
$552,750
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2002
Sold by
Passariello Robert
Bought by
Donohue Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
7.49%

Purchase Details

Closed on
Feb 5, 2001
Sold by
Burwell Donald B and Burwell Carol L
Bought by
Passariello Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 1997
Sold by
Pershinsky Paul T and Pershinsky Margaret H
Bought by
Burwell Donald B and Burwell Carol L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,375
Interest Rate
11.17%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Russell Living Trust -- None Listed On Document
Russell Charlotte R $775,000 Magnus Title
Donohue Michael S $145,000 Capital Title Agency Inc
Passariello Robert $98,000 First American Title
Burwell Donald B $72,500 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Russell Charlotte R $552,750
Previous Owner Donohue Michael S $116,000
Previous Owner Passariello Robert $80,000
Previous Owner Burwell Donald B $54,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2022 03/03/22 Sold $775,000 +1.3% $999 / Sq Ft
01/06/2022 01/06/22 For Sale $765,000 -- $986 / 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 $1,337 $10,655 -- --
2024 $1,292 $10,148 -- --
2023 $1,292 $48,310 $9,660 $38,650
2022 $1,285 $30,510 $6,100 $24,410
2021 $1,210 $22,130 $4,420 $17,710
2020 $1,178 $20,750 $4,150 $16,600
2019 $1,124 $17,620 $3,520 $14,100
2018 $1,085 $18,820 $3,760 $15,060
2017 $990 $12,860 $2,570 $10,290
2016 $954 $11,880 $2,370 $9,510
2015 $888 $10,270 $2,050 $8,220
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Judith Zoske

    Power Realty Group Model Home Center

  • Laurie Parent

    Buyer's Agent in 2022

    Laurie Parent

    AH Properties

    (602) 863-1500

    1 in this area

    36 Total Sales

    Laurie Parent
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6338689

Arizona Regional Multiple Listing Service (ARMLS)

APN: 110-27-007

Arizona Maricopa County Phoenix 85015 North Encanto

1519 W Osborn Rd Unit 1,2 & 3, Phoenix, AZ

This home is located at 1519 W Osborn Rd Unit 1,2 & 3, Phoenix, AZ 85015 since 07 January 2022 and is currently estimated at $794,084, approximately $1,023 per square foot. This property was built in 1952. 1519 W Osborn Rd Unit 1,2 & 3 is a home located in Maricopa County with nearby schools including Encanto Elementary School, Clarendon Elementary School, and Osborn Middle 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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