NOT LISTED FOR SALE

1615 W Osborn Rd Phoenix, AZ 85015

North Encanto Neighborhood

Estimated Value: $544,160 - $795,000

6 Beds
-- Bath
2,566 Sq Ft
$263/Sq Ft Est. Value

Last Sold September 23, 2022

Last sale price $535,000 $208 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,902/month

141 Days on Market

Highlights

  • Wood Flooring
  • Phoenix Coding Academy Rated A
  • Central Heating and Cooling System

About This Home

As of September 2022

3 Units, Built in 1953, Garden-Style Property. Attractive Unit Mix Consisting of 100% 2-Bed/1-Bath Units. Value Add Opportunity Through Interior & Exterior Renovations. On-Site Laundry Facility & Covered Parking. Only Minutes from Encanto Golf Course, Phoenix College, & St Joseph's Hospital. Close Proximity to Downtown Phoenix, GCU, & Sky Harbor International Airport. All leases are Month to Month.

Last Agent to Sell the Property

Andrew Arambula

ABI Multifamily License #SA688881000 Listed on: 04/05/2022

Co-Listed By

Tom Palestina

ABI Multifamily License #SA688331000

Last Buyer's Agent

Carrie Lehrman

SRL Group License #BR626599000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,529

Year Built

  • Built in 1953

Lot Details

  • 7,797

Home Design

  • Brick Exterior Construction
  • Composition Roof

Flooring

  • Wood
  • Concrete

Parking

  • 6 Parking Spaces
  • 3 Covered Spaces
  • Common or Shared Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 25
  • Assessor Parcel Number 110-27-025

Community Details

Overview

  • 3 Units
  • Building Dimensions are 60.94*127.97
  • College Homes Subdivision

Building Details

  • Operating Expense $1,529

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,529

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Year Built: 1953
  • Tax Year: 2021
  • Road Surface Type: Alley
  • Co List Office Mls Id: abim01
  • Co List Office Phone: 602-714-1400
  • Subdivision Name: COLLEGE HOMES
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood, Concrete, Other
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Brick Veneer, Brick
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Carport: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: Other (See Remarks), APS
  • Cooling: Central A/C, Other
  • Heating: Central, Other
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Other4: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: Other
  • Amenities: Other

Association/Amenities

  • Community Amenities:Other18: Yes

Lot Info

  • Lot Size: 60.94*127.97
  • Additional Parcels: No
  • Parcel #: 110-27-025

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 3
  • Annual Operating Expense: 1529.0

Tax Info

  • Tax Annual Amount: 1529.0
  • Tax Book Number: 110.00
  • Tax Lot: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2023
Sold by
Kao Cynthia and Kao Matthew
Bought by
1615 Design Llc
Total Days on Market
141
Current Estimated Value
$674,540

Purchase Details

Closed on
Oct 18, 2012
Sold by
Hcm Investments Llc
Bought by
Imperial Holdings Llc

Purchase Details

Closed on
Sep 25, 2012
Sold by
Imperial Holdings Llc
Bought by
Hcm Investment Llc

Purchase Details

Closed on
Sep 19, 2012
Sold by
Hcm Investments Llc
Bought by
Imperial Holdings Llc

Purchase Details

Closed on
Jan 5, 2005
Sold by
Bourdeauxburg Llc
Bought by
Hcm Investments Llc
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 Design Llc -- --
Imperial Holdings Llc -- Accommodation
Hcm Investment Llc -- Accommodation
Imperial Holdings Llc -- None Available
Hcm Investments Llc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2022 09/23/22 Sold $535,000 0.0% $208 / Sq Ft
08/22/2022 08/22/22 Price Changed $535,000 -8.5% $208 / Sq Ft
08/10/2022 08/10/22 Price Changed $585,000 -4.1% $228 / Sq Ft
07/20/2022 07/20/22 Price Changed $610,000 -10.3% $238 / Sq Ft
06/03/2022 06/03/22 Price Changed $680,000 -5.4% $265 / Sq Ft
05/17/2022 05/17/22 Price Changed $719,000 -9.0% $280 / Sq Ft
04/29/2022 04/29/22 Price Changed $790,000 -8.1% $308 / Sq Ft
04/04/2022 04/04/22 For Sale $859,900 -- $335 / 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 $1,565 $12,469 -- --
2024 $1,512 $11,875 -- --
2023 $1,512 $54,100 $10,820 $43,280
2022 $1,503 $34,980 $6,990 $27,990
2021 $1,529 $25,370 $5,070 $20,300
2020 $1,490 $23,800 $4,760 $19,040
2019 $1,425 $20,300 $4,060 $16,240
2018 $1,378 $19,620 $3,920 $15,700
2017 $1,265 $14,800 $2,960 $11,840
2016 $1,221 $13,700 $2,740 $10,960
2015 $1,135 $11,860 $2,370 $9,490
Source: Public Records

Agents Affiliated with this Home

  • Andrew Arambula

    Seller's Agent in 2022

    Andrew Arambula

    ABI Multifamily

    (602) 513-5200

    3 in this area

    50 Total Sales

    Andrew Arambula
    Section Image
  • Tom Palestina

    Seller Co-Listing Agent in 2022

    Tom Palestina

    ABI Multifamily

    (602) 714-1400

    1 in this area

    34 Total Sales

    Tom Palestina
    Section Image
  • Carrie Lehrman

    Buyer's Agent in 2022

    Carrie Lehrman

    SRL Group

    (480) 612-0367

    4 in this area

    82 Total Sales

    Carrie Lehrman
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6378980

Arizona Regional Multiple Listing Service (ARMLS)

APN: 110-27-025

Arizona Maricopa County Phoenix 85015 North Encanto

1615 W Osborn Rd, Phoenix, AZ

This home is located at 1615 W Osborn Rd, Phoenix, AZ 85015 since 05 April 2022 and is currently estimated at $674,540, approximately $262 per square foot. This property was built in 1953. 1615 W Osborn Rd is a home located in Maricopa County with nearby schools including Encanto Elementary School, Clarendon Elementary School, and Osborn Middle 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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