R
Seller's Agent in 2017
Rahima Athari
HomeSmart
(602) 366-5078
56 Total Sales
1620 W Mcdowell Rd Phoenix, AZ 85007
Estimated Value: $614,000 - $694,464
4
Beds
--
Bath
1,116
Sq Ft
$584/Sq Ft
Est. Value
Highlights
- Cooling Available
- Community Barbecue Grill
- Ceiling Fan
- Maie Bartlett Heard Elementary School Rated 9+
- Central Heating
About This Home
As of February 2017THIS PROPERTY WAS JUST APPRAISED. NOW LISTED AT BELOW APPRAISAL PRICE.
Will not last! 4plex in beautiful condition, always rented.(2 duplexes on 1 parcel) Great location in historic district. Solid newer block construction, all 4 water heaters new. Roof and AC units are in great condition and regularly serviced Ceramic tile everywhere. Desert landscaping, new paint. Maintenance free property. please email agent for rents, leases and cap rate info
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,141
Year Built
- Built in 1973
Lot Details
- 6,273
Home Design
- Wood Frame Construction
- Composition Roof
Interior Spaces
- Ceiling Fan
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
Schools
- Kenilworth Elementary School
- Maie Bartlett Heard Middle School
- C I Waggoner High School
Utilities
- Cooling Available
- Central Heating
- Heat Pump System
Listing and Financial Details
- The owner pays for trash collection, water, sewer
- Tax Lot FAIRVIEW PLACE BLKS
- Assessor Parcel Number 111-07-076
Community Details
Overview
- 2 Buildings
- 4 Units
- Building Dimensions are 6250
Amenities
- Community Barbecue Grill
Building Details
- Operating Expense $9,924
- Net Operating Income $27,562
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 7, 2021
Sold by
Lucky Old Sun Finance Llc
Bought by
Crsc Residential Inc
Total Days on Market
1
Current Estimated Value
Purchase Details
Listed on
Jan 30, 2017
Closed on
Feb 10, 2017
Sold by
Bedok Properties Lllp
Bought by
Lucky Old Sun Finance Llc
Seller's Agent
Rahima Athari
HomeSmart
Buyer's Agent
Eric Ford
My Home Group Real Estate
List Price
$272,900
Sold Price
$275,000
Premium/Discount to List
$2,100
0.77%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.88%
Purchase Details
Listed on
Sep 9, 2015
Closed on
May 2, 2016
Sold by
E Investment Properties Inc
Bought by
Bedok Properties Lllp
Seller's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Rahima Athari
HomeSmart
List Price
$199,000
Sold Price
$185,000
Premium/Discount to List
-$14,000
-7.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
67.33%
Original Mortgage
$156,000
Interest Rate
3.71%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Sep 9, 2015
Closed on
Apr 27, 2016
Sold by
Tolly Asset Management Llc
Bought by
E Investment Properties Inc
Seller's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Rahima Athari
HomeSmart
List Price
$199,000
Sold Price
$185,000
Premium/Discount to List
-$14,000
-7.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
3.71%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 30, 2009
Sold by
U S Bank National Association
Bought by
Tolly Asset Management Llc
Purchase Details
Closed on
Jun 19, 2009
Sold by
Castro Jose
Bought by
U S Bank National Association
Purchase Details
Closed on
Jun 3, 2005
Sold by
Castro Virginia C
Bought by
Castro Jose
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,200
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jun 3, 2004
Sold by
Cacuci Mihaela C
Bought by
Cacuci Corneliu
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 1, 2004
Sold by
Montante Mizraim
Bought by
Cacuci Corneliu
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 2, 1996
Sold by
Cho Frederick Y
Bought by
Montante Mizraim
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
10.25%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Crsc Residential Inc | $450,000 | First American Title Ins Co | |
| Lucky Old Sun Finance Llc | $275,000 | Driggs Title Agency Inc | |
| Bedok Properties Lllp | $195,000 | None Available | |
| E Investment Properties Inc | $185,000 | Chicago Title Agency Inc | |
| Tolly Asset Management Llc | $60,000 | Fidelity Natl Title Ins Co | |
| U S Bank National Association | $221,007 | None Available | |
| Castro Jose | -- | Arizona Title Agency Inc | |
| Castro Jose | $259,000 | Arizona Title Agency Inc | |
| Cacuci Corneliu | -- | Stewart Title & Trust Of Pho | |
| Cacuci Corneliu | $155,000 | Stewart Title & Trust Of Pho | |
| Montante Mizraim | $64,000 | Lawyers Title Of Arizona Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Bedok Properties Lllp | $156,000 | |
| Previous Owner | E Investment Properties Inc | $156,000 | |
| Previous Owner | Castro Jose | $207,200 | |
| Previous Owner | Castro Jose | $25,900 | |
| Previous Owner | Castro Jose | $207,200 | |
| Previous Owner | Cacuci Corneliu | $124,000 | |
| Previous Owner | Montante Mizraim | $48,000 | |
| Closed | Montante Mizraim | $9,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/06/2017 02/06/17 | Sold | $275,000 | +0.8% | $246 / Sq Ft |
| 01/30/2017 01/30/17 | For Sale | $272,900 | +47.5% | $245 / Sq Ft |
| 05/02/2016 05/02/16 | Sold | $185,000 | -7.0% | $166 / Sq Ft |
| 04/22/2016 04/22/16 | Pending | -- | -- | -- |
| 09/09/2015 09/09/15 | For Sale | $199,000 | -- | $178 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,381 | $10,326 | -- | -- |
| 2024 | $1,368 | $9,835 | -- | -- |
| 2023 | $1,368 | $38,470 | $7,690 | $30,780 |
| 2022 | $1,319 | $36,180 | $7,230 | $28,950 |
| 2021 | $1,309 | $30,930 | $6,180 | $24,750 |
| 2020 | $1,324 | $26,520 | $5,300 | $21,220 |
| 2019 | $1,322 | $21,910 | $4,380 | $17,530 |
| 2018 | $1,299 | $18,720 | $3,740 | $14,980 |
| 2017 | $1,269 | $14,950 | $2,990 | $11,960 |
| 2016 | $1,233 | $12,030 | $2,400 | $9,630 |
| 2015 | $1,141 | $9,720 | $1,940 | $7,780 |
Source: Public Records
Agents Affiliated with this Home
-
Rahima Athari
-
Eric Ford
Buyer's Agent in 2017
Eric Ford
My Home Group Real Estate
(602) 538-5544
267 Total Sales
-
Seller's Agent in 2016
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
-
L
Seller Co-Listing Agent in 2016
Lois Kaipainen
Income Property Shop
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5553838
APN: 111-07-076
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.
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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