NOT LISTED FOR SALE

Estimated Value: $912,748

-- Bed
-- Bath
1,840 Sq Ft
$496/Sq Ft Est. Value

Last Sold January 03, 2017

Last sale price $538,200 $292 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $5,752/month

15 Days on Market

Highlights

  • Heated Community Pool
  • Cooling Available
  • Heating Available
  • Solano School Rated 9+

About This Home

As of January 2017

A block of 13 condos in the popular Phoenician Townhouse complex (44 units total). These units are always rented. Tenants love the close proximity to Christown Spectrum Mall and the light rail line, as well as numerous employers. Each unit is two stories with two bedrooms and two bathrooms! These units feature a mix of ceramic tile or laminate flooring and some have patios with washer and dryer. Electric is individually metered. There is a quiet courtyard pool and covered parking. With 13 units, you’ll be the largest owner in the HOA. Cap rate is 8.8%. The conservative proforma rents reflect rents already achieved!

Last Agent to Sell the Property

Mark Skelpsa

HomeSmart Realty License #SA642313000 Listed on: 09/07/2016

Co-Listed By

Terry Kass

Coldwell Banker Commercial Realty License #BR503783000

Last Buyer's Agent

Rachelle Tomlinson

HomeSmart License #SA578760000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,449

Year Built

  • Built in 1964

Lot Details

  • Additional Parcels

Home Design

  • Block Exterior

Parking

  • 13 Parking Spaces
  • 13 Covered Spaces
  • Common or Shared Parking
  • Assigned Parking

Schools

  • Osborn Middle School
  • Phoenix Union Cyber High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for water
  • Tax Lot 102
  • Assessor Parcel Number 156-39-206

Community Details

Overview

  • 13 Units
  • Building Dimensions are 6279
  • Phoenician Condominium Subdivision

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $3,449

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,449

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Cross Street: 17th Ave and Missouri Ave
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: MultiFamily
  • Number Of Buildings: 1
  • Year Built: 1964
  • Tax Year: 2015
  • Directions: Property is on the SE corner of 17th Ave and Missouri Ave.
  • Road Surface Type: Asphalt, Dedicated Street, Sidewalk(s)
  • Co List Office Mls Id: gpci01
  • Co List Office Phone: 602-703-5277
  • Subdivision Name: PHOENICIAN CONDOMINIUM
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 13.0
  • Parking Features: Assigned, Common
  • Attached Garage: No
  • Total Parking Spaces: 13.0
  • General Property Description:Covered Parking Spcs: 13.0
  • General Property Description:Total Parking Spcs: 13.0
  • Parking:Carport: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:Pool2: Yes

Schools

  • Elementary School: Osborn Middle School
  • High School: Phoenix Union Cyber High School
  • Middle Or Junior School: Osborn Middle School

Lot Info

  • Lot Size: 6279
  • Additional Parcels: Yes
  • Parcel #: 156-39-206

Multi Family

  • Owner Pays: None
  • Tenant Pays: Water
  • Number Of Units Total: 13
  • Annual Operating Expense: 3449.0

Tax Info

  • Tax Annual Amount: 3449.0
  • Tax Book Number: 156.00
  • Tax Lot: 102

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2006
Sold by
New Casa Blanca Villas Llc
Bought by
Bertrand Philip O and Bertrand Masako
Current Estimated Value
$912,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2006
Sold by
New Phoenician Townhouse Llc
Bought by
New Casa Blanca Villas Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2006
Sold by
New Casa Blanca Villas Llc
Bought by
Lueras Adam J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 2006
Sold by
New Casa Blanca Villas Llc
Bought by
Deanna Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 2006
Sold by
New Casa Blanca Villas
Bought by
Green Thomas Wayne and Green Donna Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 2006
Sold by
New Casa Blanca Villas Llc
Bought by
Fitzgerald Jeremy J and Fitzgerald Erin K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 2006
Sold by
New Casa Blanca Villas Llc
Bought by
Pensco Trust Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 10, 2006
Sold by
New Casa Blanca Villas Llc
Bought by
Rooker Barbara J and Barbara Rooker Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 2006
Sold by
New Casa Blanca Villas Llc
Bought by
Hosa Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
6.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2006
Sold by
New Phoenician Townhouse Llc
Bought by
New Casa Blanca Villas Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
6.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2006
Sold by
New Phoenician Townhouse Llc
Bought by
New Casa Blanca Villas Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
6.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2006
Sold by
Vollucci Barbara and Whitfield Bert
Bought by
New Phoenician Townhouse Llc

Purchase Details

Closed on
Jun 20, 2002
Sold by
Neikam Lisa
Bought by
Neikam Chris
Source: Public Records

Range of Values:

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Average Value
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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
Bertrand Philip O $547,500 Title Guaranty Agency Of Az
New Casa Blanca Villas Llc -- Title Guaranty Agency Of Az
Lueras Adam J $443,000 Title Guaranty Agency Of Az
Deanna Realty Llc $657,000 None Available
Green Thomas Wayne $657,000 Title Guaranty Agency Of Az
Fitzgerald Jeremy J $547,500 Land Title Agency
Pensco Trust Co $109,500 Title Guaranty Agency Of Az
Rooker Barbara J $547,500 None Available
Hosa Holdings Llc $109,500 Title Guaranty Agency Of Az
New Casa Blanca Villas Llc -- Title Guaranty Agency Of Az
New Casa Blanca Villas Llc -- Title Guaranty Agency Of Az
New Casa Blanca Villas Llc -- Title Guaranty Agency Of Az
New Phoenician Townhouse Llc $3,100,000 Dhi Title
Neikam Chris $2,181,500 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Deanna Realty Llc $457,000
Previous Owner Green Thomas Wayne $415,000
Previous Owner Fitzgerald Jeremy J $335,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2017 01/03/17 Sold $538,200 -15.5% $293 / Sq Ft
11/16/2016 11/16/16 Price Changed $637,000 0.0% $346 / Sq Ft
11/01/2016 11/01/16 Price Changed $637,000 0.0% $346 / Sq Ft
09/22/2016 09/22/16 Pending -- -- --
09/07/2016 09/07/16 For Sale $637,000 -- $346 / 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 -- $44 -- --
2024 -- $50 -- --
2023 -- $50 $25 $25
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

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5493933

Arizona Regional Multiple Listing Service (ARMLS)

APN: 156-39-249