Seller's Agent in 2018
Patrick Burch
ABI Multifamily
(520) 603-1768
36 Total Sales
1527 E Ironwood Dr Phoenix, AZ 85020
North Central NeighborhoodEstimated Value: $431,000 - $499,000
1
Bed
--
Bath
1,752
Sq Ft
$262/Sq Ft
Est. Value
Highlights
- Cooling Available
- Sunnyslope High School Rated A
- Individual Controls for Heating
About This Home
As of February 2018Great investment opportunity located in north central Phoenix.5 separate duplexes, each on their own individual parcel.It is located on a quiet, clean street with
nice mountain views,minutes from multiple hiking trails and
mountain preserves/parks, including North Mountain Park and Dreamy
Draw Recreation Area. The location is extremely central and allows
residents to enjoy so much of what central Phoenix has to
offer.With many dining,shopping & entertainment options, as well
as the 51 FWY close by,this
property offers a very desirable location for residents and has
consistently stayed fully occupied.
Every unit is a 2/1.Having separate parcels allows an investor to sell them off individually.Each unit is individually metered for
electric & each duplex has its own water meter and
Last Agent to Sell the Property
ABI Multifamily License #BR515118000 Listed on: 12/13/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $929
Year Built
- Built in 1982
Lot Details
- 6,273
Home Design
- Composition Roof
- Block Exterior
Parking
- 4 Parking Spaces
- 2 Covered Spaces
- Common or Shared Parking
Utilities
- Cooling Available
- Individual Controls for Heating
Listing and Financial Details
- The owner pays for trash collection, water, sewer, landscaping
- Legal Lot and Block 4 / 2
- Assessor Parcel Number 159-29-050
Community Details
Overview
- 2 Units
- Building Dimensions are 84x75
- Mountain Village Tr Subdivision
Building Details
- Operating Expense $3,750
- Gross Income $18,848
- Net Operating Income $14,673
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 13, 2017
Closed on
Feb 7, 2018
Sold by
Rodaway Gene E
Bought by
Knox Patricia J
Seller's Agent
Patrick Burch
ABI Multifamily
Buyer's Agent
Jared Rodham
Compass
List Price
$240,000
Sold Price
$210,000
Premium/Discount to List
-$30,000
-12.5%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,789
Avg. Annual Appreciation
10.44%
Original Mortgage
$206,196
Outstanding Balance
$174,454
Interest Rate
3.95%
Mortgage Type
FHA
Estimated Equity
$285,335
Purchase Details
Listed on
Mar 21, 2016
Closed on
Jul 15, 2016
Sold by
Palich Milomir
Bought by
Rodaway Gene E
Seller's Agent
Cheryl Lennon
HomeSmart
Buyer's Agent
Christa Lawcock
Realty Executives Arizona Territory
List Price
$899,900
Sold Price
$870,000
Premium/Discount to List
-$29,900
-3.32%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-60.03%
Original Mortgage
$609,000
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 30, 2014
Sold by
Palich Milomir
Bought by
Palich Milomir and Milomir Palich Living Trust
Purchase Details
Closed on
May 22, 1997
Sold by
Black Lynda K
Bought by
Palich Milomir
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.98%
Mortgage Type
Seller Take Back
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Knox Patricia J | $210,000 | Lawyers Title Of Arizona Inc | |
| Rodaway Gene E | $870,000 | Driggs Title Agency Inc | |
| Palich Milomir | -- | None Available | |
| Palich Milomir | $65,000 | Fidelity Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Knox Patricia J | $206,196 | |
| Previous Owner | Rodaway Gene E | $609,000 | |
| Previous Owner | Palich Milomir | $60,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/15/2018 02/15/18 | Sold | $210,000 | -8.7% | $120 / Sq Ft | |
| 01/17/2018 01/17/18 | Pending | -- | -- | -- | |
| 01/12/2018 01/12/18 | Price Changed | $230,000 | -4.2% | $131 / Sq Ft | |
| 12/01/2017 12/01/17 | For Sale | $240,000 | -72.4% | $137 / Sq Ft | |
| 07/29/2016 07/29/16 | Sold | $870,000 | -3.3% | $497 / Sq Ft | View Prior Sale |
| 06/03/2016 06/03/16 | Pending | -- | -- | -- | |
| 03/21/2016 03/21/16 | For Sale | $899,900 | -- | $514 / 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 | $1,078 | $8,483 | -- | -- |
| 2024 | $1,019 | $8,079 | -- | -- |
| 2023 | $1,019 | $29,170 | $5,830 | $23,340 |
| 2022 | $985 | $23,160 | $4,630 | $18,530 |
| 2021 | $998 | $20,930 | $4,180 | $16,750 |
| 2020 | $973 | $18,770 | $3,750 | $15,020 |
| 2019 | $955 | $13,700 | $2,740 | $10,960 |
| 2018 | $930 | $11,650 | $2,330 | $9,320 |
| 2017 | $926 | $9,200 | $1,840 | $7,360 |
| 2016 | $909 | $8,480 | $1,690 | $6,790 |
| 2015 | $842 | $8,230 | $1,640 | $6,590 |
Source: Public Records
Agents Affiliated with this Home
-
Patrick Burch
-
John Klocek
Seller Co-Listing Agent in 2018
John Klocek
ABI Multifamily
(602) 639-0088
23 Total Sales
-
Jared Rodham
J
Buyer's Agent in 2018
Jared Rodham
Compass
(480) 404-4788
2 in this area
112 Total Sales
-
Cheryl Lennon
Seller's Agent in 2016
Cheryl Lennon
HomeSmart
(602) 999-8858
31 Total Sales
-
Christa Lawcock
Buyer's Agent in 2016
Christa Lawcock
Realty Executives
(602) 432-2404
2 in this area
57 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5697935
APN: 159-29-050
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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