NOT LISTED FOR SALE

1601 S 4th St Phoenix, AZ 85004

Central City Neighborhood

Estimated Value: $404,000 - $497,000

4 Beds
-- Bath
2,576 Sq Ft
$169/Sq Ft Est. Value

Last Sold December 06, 2013

Last sale price $140,000 $54 Per Sq Ft

Est. 211% increase in value since last sale

Current estimated payment $2,401/month

41 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Individual Controls for Heating
  • Phoenix Coding Academy Rated A

About This Home

As of December 2013

PERFECT TURN KEY DUPLEX /FULLY REMODELED HOME WITH INSTANT CASH FLOW. Duplex built in 2002. Both units are 4 bedrooms,2 baths. NEW MAPLE CABINETS THROUGHOUT WITH NEW Stainless Steel APPLIANCES+ inside HUGE laundry room w/Sink and cabinets This has potential to be a Group home for seniors or specials needs group, or possibly a large family and passive income investment approach. This Duplex features All New dual pane LOW E windows, 6 Panel Raised doors, NEW Two Tone paint and Up to Date Aqua PEX plumbing, with New Electrical switches and outlets through out home. Live Rent free for Primary buyer and collect mortage payment from the tennant, Tenant pays $900 per month. or purchase and rent both units and collect upwards of $2000 per month.

Last Agent to Sell the Property

Roger Malcolm

Realty Executives Arizona Territory License #SA022222000 Listed on: 09/13/2013

Realty Executives Arizona Territory

Last Buyer's Agent

James Taylor

Long Realty West Valley License #SA646736000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $825

Year Built

  • Built in 2002

Lot Details

  • 6,752

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Lowell Elementary School - Phoenix
  • Lowell Elementary School - Mesa Middle School
  • North High School

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 112-40-049

Community Details

Overview

  • 2 Units
  • Building Dimensions are 1 - 7,500
  • Cope Addition Subdivision

Building Details

  • Operating Expense $825

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$825

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Cross Street: 7th St & Buckeye Rd
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2002
  • Tax Year: 2012
  • Directions: Head South from Buckeye Rd on 7Th St and turn West (Right) on Pima rd. Property on corner of 4th and Pima South east corner. NO SIGN ON PROPERTY PLEASE DO NOT DISTURB TENANTS
  • Road Surface Type: Asphalt
  • Subdivision Name: COPE ADDITION
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: BI Oven/Range
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Individual
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • Elementary School: Lowell Elementary School - Phoenix
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Lowell Elementary School - Mesa

Lot Info

  • Lot Size: 1 - 7,500
  • Additional Parcels: No
  • Parcel #: 112-40-049

Multi Family

  • Owner Pays: Other, See Remarks
  • Tenant Pays: See Remarks
  • Number Of Units Total: 2
  • Annual Operating Expense: 825.0

Tax Info

  • Tax Annual Amount: 825.0
  • Tax Book Number: 112.00
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2013
Closed on
Dec 6, 2013
Sold by
Disilvestro Diana and Davis Joseph J
Bought by
Tasinga Penn N
Seller's Agent
Roger Malcolm
Realty Executives Arizona Territory
Buyer's Agent
James Taylor
Long Realty West Valley
List Price
$175,000
Sold Price
$140,000
Premium/Discount to List
-$35,000
-20%
Current Estimated Value
$435,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,830
Avg. Annual Appreciation
10.94%
Original Mortgage
$97,500
Outstanding Balance
$73,605
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$403,672

Purchase Details

Listed on
Jul 19, 2012
Closed on
Mar 27, 2013
Sold by
J Davis & Co Llc
Bought by
D & J Financial Trust
Seller's Agent
Joseph Davis
CastleRock Communities
Buyer's Agent
Joseph Davis
CastleRock Communities
List Price
$114,900
Sold Price
$100,000
Premium/Discount to List
-$14,900
-12.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
76.88%

Purchase Details

Closed on
Mar 16, 2012
Sold by
Garcia Vernon Joe and Garcia Carmen
Bought by
J Davis & Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,100
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 12, 2005
Sold by
Dodero John T and Dodero Esther N
Bought by
Garcia Vernon and Garcia Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,750
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2005
Sold by
Huff Lawrence
Bought by
Dodero John T and Dodero Esther N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,500
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2004
Sold by
A & A Development Llc
Bought by
Huff Lawrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,325
Interest Rate
9.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2002
Sold by
Ashton Larry E and Ashton Barbara
Bought by
A & A Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6%

Purchase Details

Closed on
Dec 12, 2001
Sold by
Ashton Larry E and Ashton Barbara A
Bought by
Ashton Larry E and Ashton Barbara A

Purchase Details

Closed on
Oct 24, 2000
Sold by
All American Distributing Company
Bought by
Ashton Larry E and Ashton Barbara
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Tasinga Penn N $140,000 Fidelity National Title Agen
D & J Financial Trust $93,000 Stewart Title & Trust Of Pho
J Davis & Co Llc $40,100 None Available
Garcia Vernon $215,000 --
Dodero John T $230,000 Fidelity National Title
Huff Lawrence $203,500 Grand Canyon Title Agency In
A & A Development Llc -- Grand Canyon Title Agency In
Ashton Larry E -- --
Ashton Larry E $2,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tasinga Penn N $97,500
Previous Owner J Davis & Co Llc $30,100
Previous Owner Garcia Vernon $139,750
Previous Owner Dodero John T $149,500
Previous Owner Huff Lawrence $193,325
Previous Owner A & A Development Llc $104,000
Closed Dodero John T $57,500
Closed Garcia Vernon $53,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2013 12/06/13 Sold $140,000 -20.0% $54 / Sq Ft
10/24/2013 10/24/13 Pending -- -- --
09/13/2013 09/13/13 For Sale $175,000 +75.0% $68 / Sq Ft
05/03/2013 05/03/13 Sold $100,000 -13.0% $39 / Sq Ft
03/04/2013 03/04/13 Pending -- -- --
07/19/2012 07/19/12 For Sale $114,900 -- $45 / 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 $1,190 $8,902 -- --
2024 $1,179 $8,479 -- --
2023 $1,179 $31,100 $6,220 $24,880
2022 $1,137 $21,960 $4,390 $17,570
2021 $1,129 $18,080 $3,610 $14,470
2020 $1,141 $15,430 $3,080 $12,350
2019 $1,140 $14,250 $2,850 $11,400
2018 $1,120 $14,310 $2,860 $11,450
2017 $1,094 $12,210 $2,440 $9,770
2016 $1,063 $9,680 $1,930 $7,750
2015 $983 $8,330 $1,660 $6,670
Source: Public Records

Agents Affiliated with this Home

  • Roger Malcolm

    Seller's Agent in 2013

    Roger Malcolm

    Realty Executives

    (602) 430-0285

    81 Total Sales

    Roger Malcolm
    Section Image
  • Joseph Davis

    Seller's Agent in 2013

    Joseph Davis

    CastleRock Communities

    (602) 763-7355

    18 Total Sales

    Joseph Davis
    Section Image

  • J

    Buyer's Agent in 2013

    James Taylor

    Long Realty West Valley

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4999456

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-40-049

Arizona Maricopa County Phoenix 85004 Central City

1601 S 4th St, Phoenix, AZ

This home is located at 1601 S 4th St, Phoenix, AZ 85004 since 13 September 2013 and is currently estimated at $435,830, approximately $169 per square foot. This property was built in 2002. 1601 S 4th St is a home located in Maricopa County with nearby schools including Silvestre Herrera School, Phoenix Coding Academy, and Central High 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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