NOT LISTED FOR SALE

1525 W Osborn Rd Phoenix, AZ 85015

North Encanto Neighborhood

Estimated Value: $741,503

Studio
-- Baths
2,418 Sq Ft
$307/Sq Ft Est. Value

Sale Details

Date Sold: November 30, 2018

Last sale price $280,000 $116 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $4,242 / mo

1 Day on Market

About This Home

As of November 2018

Awesome Investment Opportunity. Priced to Sell. 3 unit Property. Identical Units. Each 2 bedrooms, 1 baths 776sf each. 1 Covered Parking Space per Unit in Rear. 2 Units currently rented. This is a great cash flow property. Live in 1 unit and continue renting the others or rent all 3 units. Great Central Phoenix area close to great schools, public transportation Downtown Phoenix, Airport, and main freeways.

Last Agent to Sell the Property

Denise Adame

eXp Realty License #BR623635000 Listed on: 11/01/2018

eXp Realty

Last Buyer's Agent

Unknown Agent

Diamondback Realty LLC

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,171

Year Built

  • Built in 1952

Lot Details

  • Property fronts an alley

Home Design

  • Composition Roof
  • Block Exterior

Parking

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

Schools

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

Utilities

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

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for trash collection, water, sewer
  • Tax Lot 9
  • Assessor Parcel Number 110-27-009

Community Details

Overview

  • 3 Units
  • Building Dimensions are 61 X 128 , 7800 Sq Ft
  • College Homes Subdivision

Building Details

  • Operating Expense $7,791
  • Gross Income $25,650
  • Net Operating Income $25,020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,171

Year Built

Built in 1952

Lot Details

1.79 Acres

Listing Details

  • Cross Street: 15th Ave & Osborn
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1952
  • Tax Year: 2017
  • Road Frontage Type: Alley
  • Road Surface Type: Concrete, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: College Homes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • 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, 1 Space/Unit, 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: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes

Fee Information

  • Annual Water Sewer Expense: 1920.0

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: 61 X 128 , 7800 Sq Ft
  • Additional Parcels: No
  • Parcel #: 110-27-009

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Gas, Electricity
  • Number Of Units Total: 3
  • Annual Gross Income: 25650.0
  • Insurance Expense: 1900.0
  • Maintenance Expense: 1600.0
  • Property Net Operating Income: 25020.0
  • Annual Operating Expense: 7791.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1171.0
  • Tax Book Number: 110.00
  • Tax Lot: 9

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2021
Sold by
Williams Lisa and Serafini Kevin
Bought by
Current Estimated Value
$741,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Outstanding Balance
$432,504
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$308,999

Purchase Details

Closed on
Aug 26, 2019
Sold by
Korala Wiran P
Bought by
1525 W Osborn Road Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
6.25%
Mortgage Type
Construction

Purchase Details

Listed on
Nov 1, 2018
Closed on
Nov 13, 2018
Sold by
Liddle Ryan
Bought by
Korala Wiran
Seller's Agent
Denise Adame
eXp Realty
Buyer's Agent
Denise Adame
eXp Realty
List Price
$259,000
Sold Price
$280,000
Premium/Discount to List
$21,000
8.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.30%
Original Mortgage
$224,000
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 10, 2014
Closed on
Dec 15, 2014
Sold by
Phoenix Theatre
Bought by
Liddle Ryan
Seller's Agent
Jason Kush
J. P. Kush & Associates, LLC
Buyer's Agent
Sean Elton
HomeSmart
List Price
$180,000
Sold Price
$165,000
Premium/Discount to List
-$15,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.33%
Original Mortgage
$123,750
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 10, 2012
Closed on
Dec 26, 2012
Sold by
Perez Maria
Bought by
Phoenix Theatre
Seller's Agent
Leslie Dockter
Infill Realty Services
Buyer's Agent
Mario Romero
The Melcher Agency
List Price
$119,000
Sold Price
$118,000
Premium/Discount to List
-$1,000
-0.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.45%

Purchase Details

Listed on
Dec 10, 2012
Closed on
Oct 31, 2012
Sold by
Perez Maria R
Bought by
Perez Maria R
Seller's Agent
Leslie Dockter
Infill Realty Services
Buyer's Agent
Mario Romero
The Melcher Agency
List Price
$119,000
Sold Price
$118,000
Premium/Discount to List
-$1,000
-0.84%

Purchase Details

Closed on
Mar 7, 2002
Sold by
Lopez Richard and Lopez Josephine
Bought by
Lopez Richard

Purchase Details

Closed on
Oct 15, 2001
Sold by
Lopez Richard and Lopez Josephine
Bought by
Lopez Richard and Lopez Josephine
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in North Encanto, AZ

  • Susie Clare Real Estate Agent - HomeSmart

    Susie Clare

    Responds Quickly

    HomeSmart

    (844) 431-2712

    17 Total Sales

    2 in North Encanto

    $380K - $580K Price Range

    Susie Clare
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  • Todd Stengel Real Estate Agent - Morgan Taylor Realty

    Todd Stengel

    Morgan Taylor Realty

    (623) 439-8647

    135 Total Sales

    1 in North Encanto

    $339,000 Price

    Todd Stengel
     Section Image
  • Ben Koerner Real Estate Agent - Fathom Realty Elite

    Ben Koerner

    Responds Quickly

    Fathom Realty Elite

    (623) 257-8749

    146 Total Sales

    5 in North Encanto

    $150K - $438K Price Range

    Ben Koerner
     Section Image
  • Marlene Reyes-burgess Real Estate Agent - Keller Williams, Professional Partners

    Marlene Reyes-burgess

    Keller Williams, Professional Partners

    (844) 941-1058

    112 Total Sales

    1 in North Encanto

    $715,000 Price

    Marlene Reyes-burgess
     Section Image
  • Camille Hartmetz Real Estate Agent - Brokers Hub Realty, LLC

    Camille Hartmetz

    Brokers Hub Realty, LLC

    (623) 552-4074

    118 Total Sales

    1 in North Encanto

    $705,000 Price

    Camille Hartmetz
     Section Image
  • Mary Jo Santistevan Real Estate Agent - SERHANT.

    Mary Jo Santistevan

    Responds Quickly

    SERHANT.

    (623) 263-8643

    248 Total Sales

    1 in North Encanto

    $412,500 Price

    Mary Jo Santistevan
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$660,000 Commonwealth Land Ttl Ins Co
Serafini Kevin -- Commonwealth Land Ttl Ins Co
1525 W Osborn Road Llc -- None Available
Korala Wiran $280,000 Driggs Title Agency Inc
Liddle Ryan $165,000 Magnus Title Agency
Phoenix Theatre $109,000 Security Title Agency
Perez Maria R -- None Available
Lopez Richard -- --
Lopez Richard -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $495,000
Previous Owner 1525 W Osborn Road Llc $337,500
Previous Owner Korala Wiran $69,998
Previous Owner Korala Wiran $224,000
Previous Owner Liddle Ryan $123,750
Previous Owner Phoenix Theatre $165,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2018 11/30/18 Sold $280,000 +8.1% $116 / Sq Ft
11/02/2018 11/02/18 Pending -- -- --
11/01/2018 11/01/18 For Sale $259,000 +57.0% $107 / Sq Ft
12/19/2014 12/19/14 Sold $165,000 -8.3% $68 / Sq Ft View Prior Sale
11/24/2014 11/24/14 Pending -- -- --
11/10/2014 11/10/14 For Sale $180,000 +52.5% $74 / Sq Ft
12/27/2012 12/27/12 Sold $118,000 -0.8% $49 / Sq Ft View Prior Sale
12/18/2012 12/18/12 Pending -- -- --
12/10/2012 12/10/12 For Sale $119,000 -- $49 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,569 $12,079
2024 $1,464 $11,504
2023 $1,464 $54,110 $10,820 $43,290
2022 $1,394 $34,580 $6,910 $27,670
2021 $1,423 $24,720 $4,940 $19,780
2020 $1,386 $23,200 $4,640 $18,560
2019 $1,324 $19,680 $3,930 $15,750
2018 $1,279 $18,980 $3,790 $15,190
2017 $1,171 $14,360 $2,870 $11,490
2016 $1,129 $13,280 $2,650 $10,630
2015 $1,050 $11,480 $2,290 $9,190
Source: Public Records

Agents Affiliated with this Home

  • Denise Adame Real Estate Agent - eXp Realty

    Seller's Agent in 2018

    Denise Adame

    eXp Realty

    (623) 734-2588

    50 Total Sales

    Denise Adame
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  • UA

    Buyer's Agent in 2018

    Unknown Agent

    Diamondback Realty LLC

  • Jason Kush Real Estate Agent - J. P. Kush & Associates, LLC

    Seller's Agent in 2014

    Jason Kush

    J. P. Kush & Associates, LLC

    (480) 221-9311

    19 Total Sales

    Jason Kush
    Section Image

  • SE

    Buyer's Agent in 2014

    Sean Elton

    HomeSmart

    (602) 451-1625

    32 Total Sales

    Sean Elton
    Section Image

  • LD

    Seller's Agent in 2012

    Leslie Dockter

    Infill Realty Services

  • Mario Romero Real Estate Agent - The Melcher Agency

    Buyer's Agent in 2012

    Mario Romero

    The Melcher Agency

    (602) 920-0306

    1 in this area

    63 Total Sales

    Mario Romero
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5841146

Arizona Regional Multiple Listing Service (ARMLS)

APN: 110-27-009

Arizona Maricopa County Phoenix 85015 North Encanto

1525 W Osborn Rd, Phoenix, AZ

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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