NOT LISTED FOR SALE

1613 W Mountain View Rd Phoenix, AZ 85021

North Mountain Village Neighborhood

Estimated Value: $323,000 - $427,798

Studio
1 Bath
1,217 Sq Ft
$309/Sq Ft Est. Value

Last Sold December 07, 2023

Last sale price $420,000 $345 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $2,077/month

94 Days on Market

Highlights

  • Sport Court
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Sunnyslope High School Rated A
  • Ceramic Tile Flooring

About This Home

As of December 2023

Don't miss this amazing investment opportunity! Two remodeled units with an Amazing 7.8% Cap Rate! PLEASE DO NOT DISTURB TENANTS. Fully permitted, and zoned for additional units. Easy management and fully leased with tenants paying utilities and landscape maintenance. The main detached unit is 1,217sqft, 1 Bed/1Bath, den/office, open family room. Studio House is a 354sqft detached unit with full Kitchen and Bath. The units have private yards/entrances. In addition to the 2 dwellings, you also have a separate building for shared laundry and another for extra storage! Freshly updated inside and out. Too many upgrades to list here. No Sign on property. Tenants in residence till June 2024.

Last Agent to Sell the Property

Melanie Lakovich

HomeSmart License #SA691552000 Listed on: 08/14/2023

Last Buyer's Agent

Monica Coker

HomeSmart License #SA641419000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,302

Year Built

  • Built in 1947

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Over 1 Space Per Unit
  • Free Parking
  • On-Street Parking
  • Assigned Parking

Schools

  • Mountain View Elementary School
  • Sunnyslope High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Window Unit Heating System

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 158-23-057

Community Details

Overview

  • 4 Buildings
  • 2 Units
  • Building Dimensions are 78.62x135.8
  • Mountain View Acres Subdivision

Recreation

  • Sport Court

Building Details

  • Operating Expense $3,352
  • Gross Income $35,046
  • Net Operating Income $33,350

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,302

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Cross Street: 19th Ave & Mountain View Rd
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 4
  • Ownership: Fee Simple
  • Year Built: 1947
  • Tax Year: 2022
  • Subdivision Name: MOUNTAIN VIEW ACRES
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Community Features Sport Court: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Painted, Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Free, Assigned, >1 Space Per Unit, On Street
  • 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 Features Free2: Yes
  • Parking Features >1 Space Per Unit: Yes
  • Parking Features:Assigned: Yes
  • Parking Features Street Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central Air, Window/Wall Unit, Electric
  • Heating: Central, Window/Wall Unit(s), Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Central: Yes
  • Heating:WindowWall Unit(s): Yes

Condo/Co-op/Association

  • Community Features: Sport Court, No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Separate Storage: Yes

Schools

  • Elementary School: Mountain View Elementary School
  • High School: Sunnyslope High School
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Mountain View Elementary School

Lot Info

  • Lot Size: 78.62x135.8
  • Additional Parcels: No
  • Parcel #: 158-23-057

Multi Family

  • Owner Pays: See Remarks
  • Number Of Units Total: 2
  • Annual Gross Income: 35046.0
  • Insurance Expense: 1200.0
  • Maintenance Expense: 850.0
  • Property Net Operating Income: 33350.0
  • Annual Operating Expense: 3352.0
  • Vacancy Allowance Rate: 0.01

Tax Info

  • Tax Annual Amount: 1302.0
  • Tax Book Number: 158.00
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2023
Closed on
Dec 7, 2023
Sold by
Hernandez Oscar
Bought by
1613 W Mountain View Rd Llc
Seller's Agent
Melanie Lakovich
HomeSmart
Buyer's Agent
Monica Coker
HomeSmart
List Price
$449,000
Sold Price
$420,000
Premium/Discount to List
-$29,000
-6.46%
Views
25
Current Estimated Value
$376,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$43,550
Avg. Annual Appreciation
-5.01%
Original Mortgage
$252,000
Outstanding Balance
$247,639
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$128,811

Purchase Details

Listed on
Aug 14, 2023
Closed on
Dec 6, 2023
Sold by
Vasquez Mario and Vasquez Melissa Abigail
Bought by
Hernandez Oscar
Seller's Agent
Melanie Lakovich
HomeSmart
Buyer's Agent
Monica Coker
HomeSmart
List Price
$449,000
Sold Price
$420,000
Premium/Discount to List
-$29,000
-6.46%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Outstanding Balance
$247,639
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$128,811

Purchase Details

Listed on
Mar 30, 2022
Closed on
Apr 22, 2022
Sold by
Sigmas Of Southern Arizona Inc
Bought by
Vasquez Mario and Vasquez Melissa Abigail
Seller's Agent
Robert Babineau
Jason Mitchell Real Estate
Buyer's Agent
Robert Babineau
Jason Mitchell Real Estate
List Price
$337,500
Sold Price
$334,000
Premium/Discount to List
-$3,500
-1.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.09%
Original Mortgage
$317,300
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 30, 2022
Closed on
Apr 21, 2022
Sold by
Sigmas Of Southern Arizona Inc
Bought by
Vasquez Mario and Vasquez Melissa Abigail
Seller's Agent
Robert Babineau
Jason Mitchell Real Estate
Buyer's Agent
Robert Babineau
Jason Mitchell Real Estate
List Price
$337,500
Sold Price
$334,000
Premium/Discount to List
-$3,500
-1.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,300
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 19, 2021
Closed on
Apr 9, 2021
Sold by
Aim Right Ministries
Bought by
Sigmas Of Southern Arizona Inc
Seller's Agent
Mark Shipley
Stewardship Realty LLC
Buyer's Agent
Brett Tanner
Keller Williams Realty Phoenix
List Price
$260,000
Sold Price
$265,000
Premium/Discount to List
$5,000
1.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-99.72%
Original Mortgage
$60,000
Interest Rate
2.98%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 16, 2014
Closed on
May 28, 2014
Sold by
Prodigal S Home Llc
Bought by
Aim Right Ministries
Seller's Agent
Mark Shipley
Stewardship Realty LLC
Buyer's Agent
Mark Shipley
Stewardship Realty LLC
List Price
$105,000
Sold Price
$103,000
Premium/Discount to List
-$2,000
-1.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.59%
Original Mortgage
$83,000
Interest Rate
4.23%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 11, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Prodigals Home Llc

Purchase Details

Closed on
Apr 19, 2010
Sold by
Bac Home Loans Servicing Lp
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Feb 3, 2004
Sold by
Turpin Monta Ray and Turpin Kim L
Bought by
Turpin Monta Ray and Turpin Kim L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5.82%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 15, 2002
Sold by
Mann Mary R and Mann Karl Randall
Bought by
Turpin Monta Ray and Grotts Kim L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,800
Interest Rate
9.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2002
Sold by
Mann Mary R
Bought by
Mann Mary R and Mann Karl Randall
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
1613 W Mountain View Rd Llc -- None Listed On Document
Hernandez Oscar $420,000 Pioneer Title Services
Vasquez Mario $334,000 New Title Company Name
Vasquez Mario $334,000 New Title Company Name
Sigmas Of Southern Arizona Inc $265,000 Driggs Title Agency Inc
Aim Right Ministries $103,000 Great American Title Agency
Prodigals Home Llc $22,000 Stewart Title & Trust Of Pho
Federal Home Loan Mortgage Corp -- First American Title
Bac Home Loans Servicing Lp $33,000 First American Title
Turpin Monta Ray -- Century Title Agency Inc
Turpin Monta Ray $76,000 Century Title Agency
Mann Mary R -- --
Mann Mary R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Oscar $252,000
Previous Owner Vasquez Mario $317,300
Previous Owner Vasquez Mario $317,300
Previous Owner Sigmas Of Southern Arizona Inc $60,000
Previous Owner Sigmas Of Southern Arizona Inc $186,300
Previous Owner Aim Right Ministries $83,000
Previous Owner Turpin Monta Ray $25,000
Previous Owner Turpin Monta Ray $60,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/02/2026 01/02/26 Off Market $420,000 -- --
12/07/2023 12/07/23 Sold $420,000 -3.4% $345 / Sq Ft
10/10/2023 10/10/23 Price Changed $435,000 -3.1% $357 / Sq Ft
08/14/2023 08/14/23 For Sale $449,000 +34.4% $369 / Sq Ft
04/22/2022 04/22/22 Sold $334,000 -1.0% $274 / Sq Ft View Prior Sale
03/31/2022 03/31/22 Pending -- -- --
03/30/2022 03/30/22 For Sale $337,500 +22475.3% $277 / Sq Ft
03/21/2022 03/21/22 Sold $1,495 0.0% $1 / Sq Ft View Prior Sale
03/10/2022 03/10/22 Price Changed $1,495 -6.3% $1 / Sq Ft
03/03/2022 03/03/22 For Sale $1,595 +6.7% $1 / Sq Ft
03/01/2022 03/01/22 Off Market $1,495 -- --
02/18/2022 02/18/22 Price Changed $1,595 -11.1% $1 / Sq Ft
12/17/2021 12/17/21 For Sale $1,795 -99.3% $1 / Sq Ft
05/05/2021 05/05/21 Sold $265,000 +1.9% $169 / Sq Ft View Prior Sale
03/27/2021 03/27/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $260,000 -1.9% $165 / Sq Ft
02/11/2021 02/11/21 Off Market $265,000 -- --
01/19/2021 01/19/21 For Sale $260,000 +152.4% $165 / Sq Ft
05/30/2014 05/30/14 Sold $103,000 -1.9% $66 / Sq Ft View Prior Sale
05/01/2014 05/01/14 Price Changed $105,000 0.0% $67 / Sq Ft
04/16/2014 04/16/14 Pending -- -- --
04/16/2014 04/16/14 For Sale $105,000 -- $67 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $950 $7,474 -- --
2024 $897 $7,118 -- --
2023 $897 $26,160 $5,230 $20,930
2022 $1,302 $27,645 $5,520 $22,125
2021 $1,319 $26,625 $5,325 $21,300
2020 $0 $24,345 $4,860 $19,485
2019 $0 $16,905 $3,375 $13,530
2018 $0 $11,010 $2,200 $8,810
2017 $0 $8,210 $1,640 $6,570
2016 $0 $7,220 $1,440 $5,780
2015 -- $5,960 $1,190 $4,770
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Melanie Lakovich

    HomeSmart

  • Monica Coker

    Buyer's Agent in 2023

    Monica Coker

    HomeSmart

    (480) 280-9425

    2 in this area

    97 Total Sales

    Monica Coker
    Section Image
  • Eduardo Coker

    Buyer Co-Listing Agent in 2023

    Eduardo Coker

    HomeSmart

    (480) 280-9425

    2 in this area

    79 Total Sales

    Eduardo Coker
    Section Image

  • D

    Seller's Agent in 2022

    Dominic Arnold

    AZ Prime Property Management

    (480) 449-6632

    17 in this area

    127 Total Sales

    Dominic Arnold
    Section Image

  • R

    Seller's Agent in 2022

    Robert Babineau

    Jason Mitchell Real Estate

    (480) 505-6300

    7 in this area

    62 Total Sales

    Robert Babineau
    Section Image
  • James Wexler

    Seller Co-Listing Agent in 2022

    James Wexler

    Jason Mitchell Real Estate

    (480) 289-6818

    7 in this area

    373 Total Sales

    James Wexler
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6592371

Arizona Regional Multiple Listing Service (ARMLS)

APN: 158-23-057

Arizona Maricopa County Phoenix 85021 North Mountain Village

1613 W Mountain View Rd, Phoenix, AZ

Not Listed for Sale

MultiFamily

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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