NOT LISTED FOR SALE

1615 W Mountain View Rd Phoenix, AZ 85021

North Mountain Village Neighborhood

Estimated Value: $455,000 - $738,730

6 Beds
6 Baths
2,900 Sq Ft
$212/Sq Ft Est. Value

Last Sold December 31, 2012

Last sale price $162,500 $56 Per Sq Ft

Est. 279% increase in value since last sale

Current estimated payment $3,348/month

126 Days on Market

Highlights

  • Cooling Available
  • Painted or Stained Flooring
  • Heat Pump System
  • Sunnyslope High School Rated A

About This Home

As of December 2012

PROPERTIES NOTE CAN BE ASSUMED WITH QUALIFICATIONS. Property has been completely remodeled, new sewer lines plumbing in all units, new AC units and roofs, new electrical panels, exterior wall have been insulated for energy savings. New parking lots and block fences have been installed. A very stable rental property in a good neighborhood.

Last Agent to Sell the Property

Archie Fisher

American Realty Brokers License #SA023498000 Listed on: 06/28/2012

American Realty Brokers

Last Buyer's Agent

Archie Fisher

JSM Investments Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,044

Year Built

  • Built in 1964

Lot Details

  • 10,672

Parking

  • Over 1 Space Per Unit

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Composition Shingle Roof
  • Foam Roof
  • Stucco

Kitchen

  • Oven or Range

Flooring

  • Painted or Stained Flooring
  • Ceramic Tile

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for electric, gas, trash
  • The owner pays for water

Community Details

Overview

  • $694 per year Dock Fee
  • 5 Units
  • Building Dimensions are 75x135

Building Details

  • Insurance Expense $1,218

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,044

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Tax Municipality: Phoenix
  • Appliances Included: BI Oven/Range, Refrigerator
  • Building Number: 2
  • Construction Finish: Painted, Stucco
  • Cross Street: 19th Ave & Peoria
  • Floors: Ceramic Tile
  • Legal Info Lot Number: 4
  • Payment Includes: Interest, Principal
  • Roads Streets: Alley, Asphalt
  • Property Type: F
  • Hndrd Blk Directionl: W
  • Hundred Block: 1600
  • Legal Description Abbrev: Mountain View Acres
  • Marketing Name: Unknown
  • Ownership: Fee Simple
  • Uncvrd Parking Spcs: 10.00
  • Map Code Grid: M34
  • Year Built: 1964
  • Tax Year: 2012
  • Directions: North on 19th Ave to Mountain View Rd 1/2 mile street between Dunlap & Peoria Ave turn East, go 2 1/2 blocks property is on Right side of street.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Fire/Smoke Alarm(s), Partially Furnished, Vertical Blinds

Exterior Features

  • Exterior Amenities: Landscape Wtr System, Security Light(s)
  • Roofing: Comp Shingle, Foam
  • Construction: Brick, Frame - Wood

Garage/Parking

  • Parking: <1 Space Per Unit, >1 Space Per Unit, Free
  • Total Parking Spaces: 10.00

Utilities

  • Water: City Franchise
  • Electric: APS
  • Gas: SW Gas
  • Cooling: Electric, Heat Pump
  • Heating: Electric

Condo/Co-op/Association

  • Community Amenities: See Remarks

Lot Info

  • Lot Size: 75x135

Multi Family

  • Efficiency Units Baths: 1
  • Efficiency Units Rent: 450.00
  • Efficiency Units Sq Ft: 600
  • Income And Expenses Annual Ins Exp: 1218.00
  • Income And Expenses Annual Legal And Acctg: 200.00
  • Income And Expenses Annual Maint Exp: 1000.00
  • Income And Expenses Annual Trash Exp: 1500.00
  • Income And Expenses Annual Water Sewer Exp: 1620.00
  • Income And Expenses Net Operating Income: 22644.00
  • Income And Expenses Operating Exp: 6232.00
  • Income And Expenses Vacancy Allowance: 0.10
  • Number Of One Bedroom Units: 4
  • Number Of Two Bedroom Units: 1
  • One Bedroom Units Avg Rent: 450.00
  • One Bedroom Units Avg Sq Ft: 600
  • One Bedroom Units Baths: 1
  • Owner Pays: Water
  • Tenant Pays: Electric, Gas, Trash
  • Total Numberof Buildings: 2
  • Total Numberof Units: 5.00
  • Two Bedroom Units Avg Rent: 500.00
  • Two Bedroom Units Avg Sq Ft: 850
  • Two Bedroom Units Baths: 2

Tax Info

  • Taxes: 694.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2020
Sold by
Monoson Lawrence M
Bought by
1615 West Mountain View Road Llc
Current Estimated Value
$615,183

Purchase Details

Listed on
Jun 28, 2012
Closed on
Dec 19, 2012
Sold by
Rio Verde Llc
Bought by
Monoson Lawrence
Seller's Agent
Archie Fisher
American Realty Brokers
Buyer's Agent
Archie Fisher
American Realty Brokers
List Price
$175,000
Sold Price
$162,500
Premium/Discount to List
-$12,500
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.00%

Purchase Details

Closed on
Nov 3, 2004
Sold by
Schmitt Herbert L and Schmitt Donna P
Bought by
Rio Verde Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.74%
Mortgage Type
Seller Take Back
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
1615 West Mountain View Road Llc -- Driggs Title Agency Inc
Monoson Lawrence $162,500 None Available
Rio Verde Llc $80,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rio Verde Llc $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2012 12/31/12 Sold $162,500 -7.1% $56 / Sq Ft
11/01/2012 11/01/12 Pending -- -- --
06/28/2012 06/28/12 For Sale $175,000 -- $60 / 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 $1,044 $8,535 -- --
2024 $1,025 $8,128 -- --
2023 $1,025 $47,630 $9,520 $38,110
2022 $992 $33,880 $6,770 $27,110
2021 $1,004 $28,470 $5,690 $22,780
2020 $979 $25,110 $5,020 $20,090
2019 $961 $19,800 $3,960 $15,840
2018 $936 $14,910 $2,980 $11,930
2017 $931 $14,000 $2,800 $11,200
2016 $914 $12,810 $2,560 $10,250
2015 $847 $10,850 $2,170 $8,680
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2012

    Archie Fisher

    American Realty Brokers

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4780966

Arizona Regional Multiple Listing Service (ARMLS)

APN: 158-23-058

Arizona Maricopa County Phoenix 85021 North Mountain Village

1615 W Mountain View Rd, Phoenix, AZ

This home is located at 1615 W Mountain View Rd, Phoenix, AZ 85021 since 28 June 2012 and is currently estimated at $615,183, approximately $212 per square foot. This property was built in 1964. 1615 W Mountain View Rd is a home located in Maricopa County with nearby schools including Mountain View Elementary School, Sunnyslope High School, and Bennett Academy – Venture Site.

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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