NOT LISTED FOR SALE

Estimated Value: $697,000 - $1,024,000

4 Beds
-- Bath
2,143 Sq Ft
$413/Sq Ft Est. Value

Last Sold February 11, 2022

Last sale price $906,500 $423 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $5,215/month

30 Days on Market

Highlights

  • Cooling Available
  • Ceiling Fan
  • Heating System Uses Natural Gas
  • Madison Richard Simis School Rated A-

About This Home

As of February 2022

CHARMING RED BRICK DUPLEX IN WINDSOR SQUARE HISTORIC DISTRICT IN THE COVETED NORTH CENTRAL CORRIDOR. JUST A SHORT WALK TO UPTOWN PLAZA, POSTINOS, FEDERAL PIZZA, LIGHT RAIL AND MUCH MORE! THIS IS A FANTASTIC, ONE-OF-A-KIND INVESTMENT PROPERTY WITH A STELLAR RENTAL HISTORY. REMARKABLE CURB APPEAL WITH BLACK SHUTTERS AND STEEL FRAMED WINDOWS TO ACCENT THE RED BRICK AND A LARGE GRASS FRONT YARD WITH BEAUTIFUL TREES. 16 E OFFERS 2 BEDROOMS AND 1 BATH. STAINED CONCRETE FLOORING THROUGHOUT THE ENTIRE HOME. THIS UNIT BOASTS AN INCREDIBLE CLASSIC, WHITE KITCHEN OUTFITTED WITH STAINLESS STEEL APPLIANCES, 4 GAS BURNER STOVE, SLAB COUNTERTOPS, UNDERMOUNT, EXTRA-DEEP SINK FOR A SLEEK AND SEAMLESS LOOK AND MULTIPLE GRID STYLE WINDOWS ALLOWING AN ABUNDANCE OF NATURAL LIGHT. HIDDEN BEHIND THE KITCHEN BUT EASILY ACCESSED THROUGH THE LIVING ROOM IS YOUR LAUNDRY AREA INCLUDING A STACKABLE WASHER AND DRYER TO MAXIMIZE SPACE. 2 SPACIOUS BEDROOMS BOTH WITH DEEP CABINET STORAGE SPACE ABOVE THE CLOSETS. BRIGHT AND CLEAN BATH STYLED WITH BLACK AND WHITE SHOWER TILE AND A HANDHELD SHOWERHEAD. LARGE GRASSY REAR YARD WITH MATURE TREES AND SPRINKLERS IN PLACE PLUS A CARPORT WITH STORAGE SPACE TO WRAP UP UNIT 16.
FULLY REMODELED IN MAY OF 2021, 18 E IS THE LARGER OF THE TWO UNITS AND INCLUDES 2 BEDROOMS, 1 BATH + A DETACHED OFFICE. STAINED EPOXY FLOORING THROUGHOUT THE RESIDENCE. BEHIND THE FRONT DOOR, A BRIGHT AND BEAUTIFUL GREAT ROOM/FORMAL DINING AREA WITH LARGE WINDOWS AND OPENS TO THE KITCHEN. AN IMMACULATE KITCHEN SPACE EQUIPPED WITH STAINLESS STEEL APPLIANCES, A LARGE ISLAND WITH EAT UP SEATING AND A BLACK, MODERN PENDANT LIGHT ABOVE, QUARTZ COUNTERTOPS, CLASSIC WHITE CABINETS WITH BLACK HARDWARE, WORKSPACE AND PERFECTLY FINISHED WITH OPEN SHELVING. AN ADDITIONAL SPACIOUS LIVING AREA BEHIND THE KITCHEN BOASTING WOOD BEAM CEILING, BRICK WALLS AND AN ATTRACTIVE WHITEWASH BRICK, GAS FIREPLACE. BOTH BEDROOMS ARE VERY ROOMY AND FEATURE SLIDING GLASS CLOSET DOORS AND CABINET SPACE ABOVE AS WELL. GORGEOUS FRENCH DOORS OPEN TO THE DETACHED PRIVATE OFFICE WITH WOOD LAMINATE FLOORING AND A MINI SPLIT AC. A CONVENIENT PARKING SPACE AND HUGE GRASS BACK YARD WITH IRRIGATION. DON'T MISS THIS RARE OPPORTUNITY!

Last Agent to Sell the Property

Scott Grigg

Griggs's Group Powered by The Altman Brothers License #SA561582000 Listed on: 12/29/2021

Co-Listed By

Nicole Gabler

AZ Brokerage Holdings, LLC License #SA551175000

Last Buyer's Agent

Scott Grigg

Launch Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,382

Year Built

  • Built in 1951

Lot Details

  • 0.25

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • Ceiling Fan

Parking

  • 4 Open Parking Spaces
  • 5 Parking Spaces
  • 1 Covered Space
  • Common or Shared Parking
  • Free Parking
  • Paved Parking

Schools

  • Madison Richard Simis Elementary School
  • Madison Meadows Middle School
  • Central High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for trash collection, gas, electricity, water, cable TV, landscaping
  • Tax Lot 2
  • Assessor Parcel Number 162-22-039-C

Community Details

Overview

  • 2 Units
  • Building Dimensions are 10960
  • Lamson Sub. Lots 1 4 Subdivision

Building Details

  • Operating Expense $7,082
  • Gross Income $42,600
  • Net Operating Income $35,586

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,382

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Cross Street: CAMELBACK RD & CENTRAL AVE
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Year Built: 1951
  • Tax Year: 2021
  • Directions: FROM CAMELBACK, HEAD NORTH ON CENTRAL, TURN RIGHT ONTO COLTER ST, PROPERTY IS ON THE LEFT.
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s)
  • Co List Office Mls Id: reax09
  • Co List Office Phone: 480-948-9450
  • Subdivision Name: LAMSON SUB. LOTS 1-4
  • Tax Parcel Letter: C
  • Cooling:Ceiling Fan(s): Yes
  • Construction Brick: Yes
  • Water Irrigation: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Brick Veneer, Brick
  • Roof: See Remarks, Composition

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Paved Parking, Free, Common
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 5.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:Carport: Yes
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Individual, Electric, Ceiling Fan(s)
  • Heating: Individual, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Irrigation, Individual Meter
  • Heating:Natural Gas: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Interior Amenities:Unfurnished: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes

Schools

  • Elementary School: Madison Richard Simis School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Madison Meadows School

Lot Info

  • Lot Size: 10960
  • Additional Parcels: No
  • Parcel #: 162-22-039-C

Multi Family

  • Owner Pays: None
  • Tenant Pays: Trash Collection, Gas, Electricity, Water, Cable TV, Landscaping
  • Number Of Units Total: 2
  • Annual Gross Income: 42600.0
  • Insurance Expense: 1200.0
  • Property Net Operating Income: 35586.0
  • Annual Operating Expense: 7082.0

Tax Info

  • Tax Annual Amount: 4382.0
  • Tax Book Number: 162.00
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2021
Closed on
Feb 10, 2022
Sold by
Real Colter Llc
Bought by
16 E Colter St Llc
Seller's Agent
Scott Grigg
Griggs's Group Powered by The Altman Brothers
Buyer's Agent
Scott Grigg
Griggs's Group Powered by The Altman Brothers
List Price
$925,000
Sold Price
$906,500
Premium/Discount to List
-$18,500
-2%
Current Estimated Value
$884,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,230
Avg. Annual Appreciation
-0.70%

Purchase Details

Closed on
Dec 25, 2020
Sold by
Johnson Sharisse Lyn
Bought by
Real Colter Llc

Purchase Details

Listed on
Jul 10, 2014
Closed on
Nov 19, 2014
Sold by
Rsn Limited Liability Company
Bought by
Real Colter Llc
Seller's Agent
Russell Shaw
Realty One Group
Buyer's Agent
Sherry Cameron
HomeSmart
List Price
$349,900
Sold Price
$320,000
Premium/Discount to List
-$29,900
-8.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.93%

Purchase Details

Closed on
May 5, 2010
Sold by
Nalven Richard Leslie
Bought by
Nalven Susan Young

Purchase Details

Closed on
Oct 22, 2007
Sold by
Nalven Richard L and Nalven Susan Young
Bought by
Rsn Ltd Liability Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,750
Interest Rate
6.29%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 1, 2007
Sold by
Murphy Anne Marie and Murphy Mary Suzanne
Bought by
Nalven Richard L and Nalven Susan Young

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,750
Interest Rate
6.29%
Mortgage Type
Stand Alone Second
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
16 E Colter St Llc $906,500 Premier Title
Real Colter Llc -- None Available
Real Colter Llc $320,000 Clear Title Agency
Nalven Susan Young -- None Available
Rsn Ltd Liability Co -- First American Title Ins Co
Nalven Richard L $345,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Sharisse Lyn $210,000
Previous Owner Rsn Ltd Liability Co $51,750
Previous Owner Nalven Richard L $258,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2022 02/11/22 Sold $906,500 -2.0% $423 / Sq Ft
01/28/2022 01/28/22 Pending -- -- --
01/21/2022 01/21/22 For Sale $925,000 0.0% $432 / Sq Ft
01/02/2022 01/02/22 Pending -- -- --
12/29/2021 12/29/21 For Sale $925,000 +189.1% $432 / Sq Ft
11/24/2014 11/24/14 Sold $320,000 -8.5% $149 / Sq Ft
11/05/2014 11/05/14 Pending -- -- --
07/10/2014 07/10/14 For Sale $349,900 -- $163 / 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 $4,767 $37,046 -- --
2024 $4,645 $35,282 -- --
2023 $4,645 $66,210 $13,240 $52,970
2022 $4,456 $47,820 $9,560 $38,260
2021 $4,382 $43,460 $8,690 $34,770
2020 $4,314 $45,920 $9,180 $36,740
2019 $4,219 $38,150 $7,630 $30,520
2018 $4,115 $34,820 $6,960 $27,860
2017 $3,921 $31,580 $6,310 $25,270
2016 $3,786 $31,050 $6,210 $24,840
2015 $3,517 $23,370 $4,670 $18,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6336001

Arizona Regional Multiple Listing Service (ARMLS)

APN: 162-22-039C