NOT LISTED FOR SALE

1630 E Georgia Ave Phoenix, AZ 85016

Camelback East Village Neighborhood

Estimated Value: $286,000 - $342,000

-- Bed
-- Bath
-- Sq Ft
0.65 Acres

Last Sold May 18, 2021

Last sale price $2,412,500

Current estimated payment $1,974/month

26 Days on Market

Highlights

  • Wood Flooring
  • Heated Community Pool
  • Ceiling Fan
  • Phoenix Coding Academy Rated A
  • Central Air
  • 2-minute walk to Desert Storm Park

About This Home

As of May 2021

Welcome to Palmaire, a Mid-Century Modern gem in the Camelback Corridor with gorgeous landscaping. This 1960's complex has 18 units w/tremendous flair, lush grounds, a gorgeous community pool/ramada, etc. The 10 condos for sale have been remodeled. Open floor plans allow for great space to entertain or relax. There are three 1 bed, 1 bath units, five 2 bed, 2 bath units and two 3 bed, 2 bath units. 2 units are furnished. All units feature stainless steel appliances with quartz or granite countertops, shaker-style cabinets and beautiful flooring ranging from stained concrete to bamboo. Covered/assigned parking. Beautiful city park across the street. Easy access to the 51 and exceptional dining along Camelback Rd. Many restaurants and community hot spots in close proximity

Last Agent to Sell the Property

Dennis Kolodin

Metro Realty License #BR535429000 Listed on: 02/24/2021

Last Buyer's Agent

Dennis Kolodin

Metro Realty License #BR535429000 Listed on: 02/24/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,179

Year Built

  • Built in 1964

Lot Details

  • 0.65

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Ceiling Fan

Flooring

  • Wood
  • Carpet
  • Concrete

Parking

  • 2 Open Parking Spaces
  • 12 Parking Spaces
  • 10 Covered Spaces
  • Free Parking
  • Paved Parking
  • Assigned Parking

Schools

  • Madison Elementary School
  • Madison Meadows Middle School

Utilities

  • Central Air
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tax Lot 103,105,106,108,....
  • Assessor Parcel Number 164-55-278

Community Details

Overview

  • 2 Buildings
  • 10 Units
  • Building Dimensions are 0
  • Palmaire Condominium Subdivision

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $95,179
  • Gross Income $205,000
  • Net Operating Income $121,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,179

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Cross Street: Camelback & 16th Street
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: M_H
  • Number Of Buildings: 2
  • Ownership: Condominium
  • Year Built: 1964
  • Tax Year: 2020
  • Directions: North on 16th St; East on E Georgia Ave to property on the left at the end of the cul-de-sac.
  • Road Surface Type: Asphalt, Dedicated Street, Sidewalk(s)
  • Subdivision Name: PALMAIRE CONDOMINIUM
  • Cooling:Ceiling Fan(s): Yes
  • Construction Brick: Yes
  • Cooling:Central Air: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Wood, Concrete
  • Appliances: Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes
  • Community Features:Pool2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Brick
  • Roof: Rolled/Hot Mop

Garage/Parking

  • Total Covered Spaces: 10.0
  • Parking Features: Other, Paved, Free, Assigned, 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 12.0
  • General Property Description:Covered Parking Spcs: 10.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 12.0
  • Parking Features Free2: Yes
  • Parking Features:Assigned: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Central Air, Ceiling Fan(s), Individual
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Other, Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Breakfast Bar2: Yes
  • Interior Amenities:Other (See Remarks)51: Yes
  • Interior Amenities:Vertical Blinds2: Yes
  • Interior Amenities:Furnished: Yes

Schools

  • Elementary School: Madison Elementary School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Madison Meadows School

Lot Info

  • Lot Size: 0
  • Additional Parcels: No
  • Parcel #: 164-55-278

Multi Family

  • Owner Pays: Other, See Remarks
  • Number Of Units Total: 10
  • Annual Gross Income: 205000.0
  • Property Net Operating Income: 121000.0
  • Annual Operating Expense: 95179.0

Tax Info

  • Tax Annual Amount: 15179.0
  • Tax Book Number: 164.00
  • Tax Lot: 103,105,106,108,....

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 27, 2005
Sold by
Teberg John A
Bought by
The Squire Llc
Current Estimated Value
$314,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,275,000
Outstanding Balance
$1,256,185
Interest Rate
6.07%
Mortgage Type
Commercial
Estimated Equity
-$942,185

Purchase Details

Closed on
Sep 2, 2003
Sold by
Renta Aida
Bought by
Teberg John A

Purchase Details

Closed on
May 12, 1998
Sold by
Miller Lawrence B and Miller Geraldine F
Bought by
Renta Aida and Aida Renta Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
7.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 5, 1995
Sold by
Maloney William J
Bought by
Miller Lawrence B and Miller Geraldine F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$523,250
Interest Rate
9.29%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
The Squire Llc $2,000,000 Fidelity National Title
Teberg John A $1,087,000 Fidelity National Title
Renta Aida $1,055,000 First American Title
Miller Lawrence B $646,100 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Squire Llc $2,275,000
Previous Owner Renta Aida $640,000
Previous Owner Miller Lawrence B $523,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2021 05/18/21 Sold $2,412,500 -7.2% --
03/22/2021 03/22/21 Pending -- -- --
02/24/2021 02/24/21 For Sale $2,600,000 -- --
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 -- $44 $44 --
2024 -- $50 $50 --
2023 -- $50 $50 --
2022 $0 $50 $50 $0
2021 $0 $50 $50 $0
2020 $0 $50 $50 $0
2019 $0 $50 $50 $0
2018 $0 $50 $50 $0
2017 $0 $50 $50 $0
2016 $0 $50 $50 $0
2015 -- $50 $50 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Dennis Kolodin

    Metro Realty

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6198460

Arizona Regional Multiple Listing Service (ARMLS)

APN: 164-55-294

Arizona Maricopa County Phoenix 85016 Camelback East Village

1630 E Georgia Ave, Phoenix, AZ

This home is located at 1630 E Georgia Ave, Phoenix, AZ 85016 since 24 February 2021 and is currently estimated at $314,000. This property was built in 1964. 1630 E Georgia Ave is a home located in Maricopa County with nearby schools including Madison Rose Lane Elementary School, Madison No. 1 Middle School, and Phoenix Coding Academy.

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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