NOT LISTED FOR SALE

1630 W Mulberry Dr Phoenix, AZ 85015

North Encanto Neighborhood

Estimated Value: $350,020 - $710,000

-- Bed
-- Bath
2,396 Sq Ft
$231/Sq Ft Est. Value

Last Sold October 10, 2014

Last sale price $155,000 $65 Per Sq Ft

Est. 257% increase in value since last sale

Current estimated payment $3,220/month

164 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heat Pump System
  • Phoenix Coding Academy Rated A
  • Ceiling Fan

About This Home

As of October 2014

Beautiful curb appeal. This is one of two matching Tri-Plexes available, for a total of 6 units. All Units are 2 Bedrooms, and 1 Bathroom. Great income property with solid, tenants. Recent remodel makes this completely turn key. Covered parking, Courtyard with grass, and mature landscaping. Separate coin operated laundry room. Please note this triplex Must be purchased with triplex located across the courtyard at 1626 W. Mulberry.

Last Agent to Sell the Property

Joey Hallatt

Cambridge Properties License #BR518174000 Listed on: 03/17/2014

Co-Listed By

Peter Bond

Cambridge Properties License #SA647327000

Last Buyer's Agent

Lisa Eagan

Leagan Realty, LLC License #BR537622000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $871

Year Built

  • Built in 1948

Lot Details

  • 7,797

Home Design

  • Brick Exterior Construction
  • Tile Roof

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 1 Open Parking Space
  • 4 Parking Spaces
  • 3 Covered Spaces
  • Common or Shared Parking

Schools

  • Solano Elementary School
  • Osborn Middle School
  • Bostrom Alternative Center High School

Utilities

  • Central Air
  • Heat Pump System
  • Individual Controls for Heating

Additional Features

  • Ceiling Fan
  • Property fronts an alley

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for gas, trash collection, water, sewer, landscaping
  • Tax Lot 32
  • Assessor Parcel Number 110-27-032

Community Details

Overview

  • 3 Units
  • Building Dimensions are 62x127
  • College Homes Subdivision

Building Details

  • Operating Expense $7,736
  • Gross Income $20,988
  • Net Operating Income $13,251

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$871

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Cross Street: 15th Ave. and Osborn Rd.
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1948
  • Tax Year: 2013
  • Directions: South on 15th Ave. to Mulberry West to 1630 (North Side)
  • Road Frontage Type: Alley
  • Professional Management Expense: 1920.0
  • Co List Office Mls Id: camb01
  • Co List Office Phone: 602-493-5100
  • Subdivision Name: College Homes
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Brick Veneer, Brick
  • Roof: Tile

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: 1 Space/Unit, Common
  • Attached Garage: No
  • Open Parking Spaces: 1.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 1.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C, Individual, Ceiling Fan(s)
  • Heating: Individual, Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Fee Information

  • Annual Fuel Expense: 840.0
  • Trash Expense: 1250.0
  • Annual Water Sewer Expense: 1750.0

Schools

  • Elementary School: Solano School
  • High School: Bostrom Alternative Center
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Osborn Middle School

Lot Info

  • Lot Size: 62x127
  • Additional Parcels: No
  • Parcel #: 110-27-032

Multi Family

  • Owner Pays: Gas, Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 3
  • Electric Expense: 126.0
  • Annual Gross Income: 20987.5
  • Insurance Expense: 559.0
  • Property Net Operating Income: 13251.08
  • Annual Operating Expense: 7736.42

Tax Info

  • Tax Annual Amount: 871.42
  • Tax Book Number: 110.00
  • Tax Lot: 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2014
Closed on
Sep 9, 2014
Sold by
Ferriter Edmond and Arnold Michael R
Bought by
Saxberg John and Saxberg Kaye
Seller's Agent
Joey Hallatt
Cambridge Properties
Buyer's Agent
Lisa Eagan
Leagan Realty, LLC
List Price
$175,000
Sold Price
$155,000
Premium/Discount to List
-$20,000
-11.43%
Total Days on Market
164
Current Estimated Value
$553,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$398,755
Avg. Annual Appreciation
12.69%
Original Mortgage
$108,500
Outstanding Balance
$84,073
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$469,682

Purchase Details

Listed on
Jun 19, 2012
Closed on
Jul 18, 2012
Sold by
Galkin Anatoly and Galkin Elena
Bought by
Ferriter Edmond and Arnold Michael R
Seller's Agent
Andrew McKee
Perk Prop Real Estate
Buyer's Agent
Joey Hallatt
Cambridge Properties
List Price
$139,000
Sold Price
$135,000
Premium/Discount to List
-$4,000
-2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.51%
Original Mortgage
$101,250
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2011
Sold by
Siciliano Sam
Bought by
Galkin Anatoly and Galkin Elena

Purchase Details

Closed on
Jul 26, 2005
Sold by
Atkinson Alice A
Bought by
Siciliano Sam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,000
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 2002
Sold by
Mckellar John and Mckellar Kandee B
Bought by
Atkinson Alice A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,450
Interest Rate
5.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2000
Sold by
Tran Hung Tan and Tran Diana Thi
Bought by
Mckellar John and Mckellar Kandee B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,050
Interest Rate
8.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2000
Sold by
Vanle Lloyd and Le Kelly Truong
Bought by
Tran Hung Tan and Tran Diana Thi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
8.38%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Saxberg John $155,000 Pioneer Title Agency Inc
Ferriter Edmond $135,000 Security Title Agency
Galkin Anatoly $60,000 Magnus Title Agency
Siciliano Sam $280,000 Transnations Title
Atkinson Alice A $137,000 --
Mckellar John $109,000 Security Title Agency
Tran Hung Tan $90,000 Arizona Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saxberg John $108,500
Previous Owner Ferriter Edmond $101,250
Previous Owner Siciliano Sam $221,000
Previous Owner Atkinson Alice A $116,450
Previous Owner Mckellar John $100,050
Previous Owner Tran Hung Tan $81,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2014 10/10/14 Sold $155,000 -11.4% $65 / Sq Ft
08/28/2014 08/28/14 Pending -- -- --
03/17/2014 03/17/14 For Sale $175,000 +29.6% $73 / Sq Ft
08/01/2012 08/01/12 Sold $135,000 -2.9% $56 / Sq Ft
07/30/2012 07/30/12 Price Changed $139,000 0.0% $58 / Sq Ft
06/25/2012 06/25/12 Pending -- -- --
06/19/2012 06/19/12 For Sale $139,000 -- $58 / 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 $1,478 $11,776 -- --
2024 $1,428 $11,215 -- --
2023 $1,428 $51,560 $10,310 $41,250
2022 $1,420 $33,380 $6,670 $26,710
2021 $1,444 $24,270 $4,850 $19,420
2020 $1,407 $22,660 $4,530 $18,130
2019 $1,346 $19,230 $3,840 $15,390
2018 $1,302 $18,570 $3,710 $14,860
2017 $1,195 $14,020 $2,800 $11,220
2016 $1,153 $12,950 $2,590 $10,360
2015 $1,072 $11,200 $2,240 $8,960
Source: Public Records

Agents Affiliated with this Home

  • Joey Hallatt

    Seller's Agent in 2014

    Joey Hallatt

    Cambridge Properties

    (602) 672-0341

    60 Total Sales

    Joey Hallatt
    Section Image

  • P

    Seller Co-Listing Agent in 2014

    Peter Bond

    Cambridge Properties

  • Lisa Eagan

    Buyer's Agent in 2014

    Lisa Eagan

    Leagan Realty, LLC

    (480) 766-2115

    15 Total Sales

    Lisa Eagan
    Section Image

  • A

    Seller's Agent in 2012

    Andrew McKee

    Perk Prop Real Estate

    (480) 459-1711

    11 Total Sales

    Andrew McKee
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5085803

Arizona Regional Multiple Listing Service (ARMLS)

APN: 110-27-032

Arizona Maricopa County Phoenix 85015 North Encanto

1630 W Mulberry Dr, Phoenix, AZ

This home is located at 1630 W Mulberry Dr, Phoenix, AZ 85015 since 17 March 2014 and is currently estimated at $553,755, approximately $231 per square foot. This property was built in 1948. 1630 W Mulberry Dr 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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