Seller's Agent in 2023
Craig Young
Real Broker
(480) 773-2183
35 in this area
148 Total Sales
1625 E Lamar Rd Phoenix, AZ 85016
Camelback East Village NeighborhoodEstimated Value: $432,000
Studio
1
Bath
1,573
Sq Ft
$275/Sq Ft
Est. Value
Highlights
- 8 Car Attached Garage
- Multiple cooling system units
- Central Heating and Cooling System
- Madison Heights Elementary School Rated A-
- Ceramic Tile Flooring
About This Home
As of June 2023Reflection is a Luxury 4 home townhome development offering an investor diverse options of ownership and divestment: operate as a multifamily conventional rental project, luxury AirBNB, or divest as single sale townhomes to owner-occupiers. Each home offers up to 4 bedrooms with den and range in size from 2648 sf to 2856sf. Stunning appointments include Hardwood flooring , 10ft ceilings , Gourmet kitchens with 36 inch Jennair Gas range , Large quartz islands, Multi side doors to ground floor patios and large viewing decks off primary bedrooms. Each home also has a bedroom and full bath on the ground floor as well and dual HVAC systems, Tankless Gas HW and EV prepared outlet in each garage . Primary Bath has free standing tub and oversized shower. Yards are generous and private . The property is located a short distance from downtown Phoenix and The Biltmore Corridor, a premier upscale residential and financial district, Paradise Valley and Old Town Scottsdale
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,369
Year Built
- Built in 2023
Parking
- 8 Car Attached Garage
Home Design
- Wood Frame Construction
- Foam Roof
- Siding
- Stucco
Flooring
- Ceramic Tile Flooring
Schools
- Madison #1 Middle Elementary School
- Central High School
Utilities
- Multiple cooling system units
- Central Heating and Cooling System
- Heat Pump System
Listing and Financial Details
- Tenant pays for water, electricity, gas, trash collection, cable TV
- The owner pays for sewer, landscaping
- Tax Lot 1,2,3,4
- Assessor Parcel Number 164-34-005
Community Details
Overview
- 2 Buildings
- 4 Units
- Building Dimensions are irregular
- Lamar Townhomes Subdivision
Building Details
- Operating Expense $4,369
- Gross Income $240,000
- Net Operating Income $216,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 13, 2018
Sold by
Moon Investment Company Llc
Bought by
88 Ventures Trethan Llc
Current Estimated Value
Purchase Details
Closed on
Mar 16, 2016
Sold by
Gardner Melissa A
Bought by
Moon Investment Company Llc
Purchase Details
Closed on
Apr 24, 2002
Sold by
Hardy Phyllis
Bought by
Gardner Melissa A
Purchase Details
Closed on
Apr 23, 2002
Sold by
Gardner Jeffrey Daniel
Bought by
Gardner Melissa A
Purchase Details
Closed on
Mar 23, 1999
Sold by
Brunton Jeffrey
Bought by
Hardy Phyllis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,550
Interest Rate
6.73%
Purchase Details
Closed on
Jun 14, 1997
Sold by
Hardy Phyllis
Bought by
Brunton Jeffrey and Hardy Phyllis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,400
Interest Rate
8.14%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 5, 1997
Sold by
Campbell Glenn Peter and Campbell Donna Kay
Bought by
Hardy Phyllis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,400
Interest Rate
8.14%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 11, 1995
Sold by
Campbell Glenn Peter and Campbell Donna Kay
Bought by
Campbell Glenn Peter and Campbell Donna Kay
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 88 Ventures Trethan Llc | $290,000 | Grand Canyon Title Agency | |
| Moon Investment Company Llc | $255,000 | Fidelity Natl Title Agency | |
| Gardner Melissa A | $198,790 | Capital Title Agency Inc | |
| Gardner Melissa A | -- | Capital Title Agency Inc | |
| Hardy Phyllis | -- | First American Title | |
| Brunton Jeffrey | -- | -- | |
| Brunton Jeffrey | -- | -- | |
| Hardy Phyllis | $132,000 | Fidelity Title | |
| Campbell Glenn Peter | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Hardy Phyllis | $126,550 | |
| Previous Owner | Hardy Phyllis | $125,400 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/30/2023 06/30/23 | Sold | $3,500,000 | -7.5% | $2,225 / Sq Ft |
| 10/31/2022 10/31/22 | For Sale | $3,785,000 | -- | $2,406 / 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 |
|---|---|---|---|---|
| 2021 | $4,369 | $53,865 | $53,865 | $0 |
| 2020 | -- | $51,570 | $51,570 | $0 |
| 2019 | -- | $27,670 | $5,530 | $22,140 |
| 2018 | -- | $24,400 | $4,880 | $19,520 |
| 2017 | -- | $19,920 | $3,980 | $15,940 |
| 2016 | -- | $22,430 | $4,480 | $17,950 |
| 2015 | -- | $20,420 | $4,080 | $16,340 |
Source: Public Records
Agents Affiliated with this Home
-
Craig Young
-
Nathan Ottosen
Seller Co-Listing Agent in 2023
Nathan Ottosen
Real Broker
(480) 355-3500
20 in this area
89 Total Sales
-
Staci Smedstad
Buyer's Agent in 2023
Staci Smedstad
DeLex Realty
(602) 882-3388
3 in this area
44 Total Sales
-
Houstin Engstrom
Buyer Co-Listing Agent in 2023
Houstin Engstrom
Delex Realty
(602) 684-6843
5 in this area
34 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6487558
APN: 164-34-005
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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