NOT LISTED FOR SALE

1625 E Lamar Rd Phoenix, AZ 85016

Camelback East Village Neighborhood

Estimated Value: $432,000

Studio

1 Bath

1,573 Sq Ft

$275/Sq Ft Est. Value

Date Sold: June 30, 2023

Last sale price $3,500,000 $2,225 Per Sq Ft

Current estimated payment $2,815 / mo

159 Days on Market

Highlights

8 Car Attached Garage
Breakfast Bar
Ceramic Tile Flooring
Madison Heights Elementary School Rated A-
Patio
Zoned Heating and Cooling System

About This Home

As of June 2023

Reflection 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

Last Agent to Sell the Property

Craig Young

Real Broker License #BR107286000 Listed on: 10/31/2022

Co-Listed By

Nathan Ottosen

Real Broker License #BR639651000

Last Buyer's Agent

Staci Smedstad

DeLex Realty License #BR534053000

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Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,369

Year Built

Built in 2023

Lot Details

Fenced
Desert Landscape

Home Design

Wood Frame Construction
Foam Roof
Siding
Stucco

Interior Spaces

Ceiling Fan
Blinds
Ceramic Tile Flooring
Fire and Smoke Detector
Breakfast Bar

Parking

8 Car Attached Garage
Garage Door Opener
On-Street Parking

Outdoor Features

Patio

Schools

Madison #1 Middle Elementary School
Central High School

Utilities

Two cooling system units
Zoned Heating and Cooling System
Air Source Heat Pump
Separate Meters
Individual Gas Meter

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,369

Year Built

Built in 2023

Lot Details

0 Sq Ft Lot

Listing Details

Cross Street: 16th Street and Glendale
Property Type: Multiple Dwellings
Zoning: R3
Number Of Buildings: 2
Ownership: Fee Simple
Year Built: 2023
Tax Year: 2021
Road Surface Type: Concrete
Co List Office Mls Id: reim001
Co List Office Phone: 602-715-0232
Subdivision Name: Lamar Townhomes
Garage Yn: Yes
Const - Finish:Const - Finish: Painted, Stucco, Siding
Cooling:Cooling: Central Air, Heat Pump, Electric, 2 or More Units, Ceiling Fan(s)
Road Surface Type:Road Surface Type: Concrete
Electric:Electric: APS, Individual Meter
Sale Includes:Sale Includes: Land & Building
Special Features: None
Property Sub Type: MultiFamily

Interior Features

Flooring: Ceramic Tile
Appliances: Free-Standing Range, Refrigerator, Dishwasher, Disposal, Microwave, W/D Hookup
Interior Features:Interior Features: Unfurnished, Fire/Smoke Alarm(s), Other (See Remarks), Mini Blinds, Breakfast Bar

Exterior Features

Disclosures: Boundary Survey Avlb
Construction Type: Wood Frame, Painted, Stucco, Siding
Roof: Foam
Exterior Amenities: Curb(s) & Gutter(s), Desert Landscaping, Fenced, Patio/Balcony

Garage/Parking

Total Covered Spaces: 8.0
Parking Features: On Street, >1 Space Per Unit, Attached, Garage Door Opener
Attached Garage: Yes
Total Parking Spaces: 8.0
Parking Features:Parking Features: Garage, On Street, >1 Space Per Unit, Attached, Garage Door Opener

Utilities

Electric: APS, Individual Meter
Cooling: Central Air, Heat Pump, Electric, 2 or More Units, Ceiling Fan(s)
Heating: Zoned, Electric, Varies by Unit, Central
Cooling Y N: Yes
Heating Yn: Yes
Water Source: City Franchise, Individual Meter
Gas:Gas: Individual Meter, SW Gas

Condo/Co-op/Association

Community Features: No Pool, Other

Schools

Elementary School: Madison #1 Middle School
High School: Central High School
Junior High Dist: Phoenix Union High School District

Lot Info

Lot Size: irregular
Additional Parcels: No
Parcel #: 164-34-005

Multi Family

Owner Pays: Sewer, Landscaping, Other
Tenant Pays: Water, Electricity, Gas, Trash Collection, Cable TV
Number Of Units Total: 4
Annual Gross Income: 240000.0
Property Net Operating Income: 216600.0
Annual Operating Expense: 4369.0

Tax Info

Tax Annual Amount: 4369.0
Tax Book Number: 164.0
Tax Lot: 1,2,3,4

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Feb 2018 - Present 8 Years and 7 Months

Company

Purchase Details

Closed on

Feb 13, 2018

Sold by

Moon Investment Company Llc

Bought by

Current Estimated Value

$432,000

Mar 2016 - Feb 2018 Moon Investment Company Llc 1 Year and 11 Months

Company

Purchase Details

Closed on

Mar 16, 2016

Sold by

Gardner Melissa A

Bought by

Moon Investment Company Llc

Apr 2002 - Mar 2016 Gardner Melissa A 13 Years and 11 Months

Private Individual

Purchase Details

Closed on

Apr 24, 2002

Sold by

Hardy Phyllis

Bought by

Gardner Melissa A

Mar 1999 - Apr 2002 Hardy Phyllis 3 Years and 1 Month

Private Individual

Purchase Details

Closed on

Mar 23, 1999

Sold by

Brunton Jeffrey

Bought by

Hardy Phyllis

Jun 1997 - Mar 1999 Brunton Jeffrey and Hardy Phyllis 1 Year and 9 Months

Private Individual

Purchase Details

Closed on

Jun 14, 1997

Sold by

Hardy Phyllis

Bought by

Brunton Jeffrey and Hardy Phyllis

May 1997 - Jun 1997 Hardy Phyllis 1 Month

Private Individual

Purchase Details

Closed on

May 5, 1997

Sold by

Campbell Glenn Peter and Campbell Donna Kay

Bought by

Hardy Phyllis

Aug 1995 - May 1997 Campbell Glenn Peter and Campbell Donna Kay 1 Year and 9 Months

Private Individual

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

Source: Public Records

Agents Specializing in Camelback East Village, AZ

Dennis Salazar

eXp Realty

(623) 552-4634

90 Total Sales

1 in Camelback East Village

$900,000 Price

Dennis Salazar
Paula Selby

Manara Properties, LLC

(480) 637-2779

29 Total Sales

2 in Camelback East Village

$313K - $355K Price Range

Paula Selby
Rachael Joiner

My Home Group Real Estate

(708) 340-6936

65 Total Sales

2 in Camelback East Village

$250K - $330K Price Range

Rachael Joiner
Lisa Fowler

Responds Quickly

eXp Realty

(623) 281-2347

73 Total Sales

2 in Camelback East Village

$200K - $620K Price Range

Lisa Fowler
Samantha Barr

eXp Realty

(855) 606-2947

70 Total Sales

1 in Camelback East Village

$501,000 Price

Samantha Barr
Susan Bermudez

Simply Real Estate

(623) 432-8479

103 Total Sales

2 in Camelback East Village

$505K - $990K Price Range

Susan Bermudez

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Buyer	Sale Price	Title Company
	$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
Hardy Phyllis	--	First American Title
Brunton Jeffrey	--	--
Brunton Jeffrey	--	--
Hardy Phyllis	$132,000	Fidelity Title
Campbell Glenn Peter	--	--

Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date	Status	Borrower	Loan Amount
	Previous Owner		$255,000

Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Seller's Agent in 2023

Craig Young

Real Broker

(480) 773-2183

27 in this area

139 Total Sales

Craig Young
Seller Co-Listing Agent in 2023

Nathan Ottosen

Real Broker

(480) 355-3500

15 in this area

92 Total Sales

Nathan Ottosen
Buyer's Agent in 2023

Staci Smedstad

DPR Realty

(602) 882-3388

3 in this area

43 Total Sales

Staci Smedstad
Buyer Co-Listing Agent in 2023

Houstin Engstrom

DeLex Realty

(602) 684-6843

4 in this area

17 Total Sales

Houstin Engstrom

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6487558

APN: 164-34-005

Arizona Maricopa County Phoenix 85016 Camelback East Village

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

Nearby Homes

1625 E Lamar Rd Phoenix, AZ 85016

Sale Details

Highlights

About This Home

Property Details

Home Type

Est. Annual Taxes

Year Built

Lot Details

Home Design

Interior Spaces

Parking

Outdoor Features

Schools

Utilities

Listing and Financial Details

Community Details

Overview

Building Details

Property Details

Listing Details

Interior Features

Exterior Features

Garage/Parking

Utilities

Condo/Co-op/Association

Schools

Lot Info

Multi Family

Tax Info

Ownership History

Purchase Details

Purchase Details

Purchase Details

Purchase Details

Purchase Details

Purchase Details

Purchase Details

Home Values in the Area

Average Home Value in this Area

Agents Specializing in Camelback East Village, AZ

Purchase History

Mortgage History

Property History

Tax History

Agents Affiliated with this Home

Map