S
Seller's Agent in 2015
Scott Trevey
REI Marketing
16802 N 26th St Unit 101 Phoenix, AZ 85032
Paradise Valley Village NeighborhoodEstimated Value: $691,000 - $870,000
--
Bed
--
Bath
3,168
Sq Ft
$238/Sq Ft
Est. Value
Highlights
- Community Playground
- Ceramic Tile Flooring
- Heat Pump System
- Resident Manager or Management On Site
- Central Air
About This Home
As of April 2015Northview Estates consists of sixteen (16) individually condo-mapped four-plex buildings situated on over 4 acres offering a total of 64 rental units. Buildings are frame and stucco constructed with pitched built-up (elastomeric coated) roofs. 85% of the units (55) are 2-bed, 2-bath floor plans of approximately 800 square feet. There are also eight (8) 2-bed, 1-bath units of approximately 800 square feet and a single efficiency, 1-bath unit of approximately 400 square feet. The property offers a designated leasing office. Recently completed upgrades at the property include the installation of a new roofing system and the installation of hi-efficiency double-pane vinyl windows as well as code-compliant UL rated electrical service panels.
Last Agent to Sell the Property
Scott Trevey
REI Marketing License #SA539099000 Listed on: 10/27/2014
Last Buyer's Agent
Scott Trevey
REI Marketing License #SA539099000 Listed on: 10/27/2014
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,163
Year Built
- Built in 1983
Lot Details
- 3,049
Home Design
- Wood Frame Construction
- Built-Up Roof
- Metal Construction or Metal Frame
- Stucco
Parking
- 104 Open Parking Spaces
- 104 Parking Spaces
- Free Parking
Utilities
- Central Air
- Heat Pump System
- Individual Controls for Heating
Additional Features
- Ceramic Tile Flooring
- Additional Parcels
Listing and Financial Details
- Tenant pays for electricity, cable TV
- The owner pays for trash collection, water, sewer
- Tax Lot 101
- Assessor Parcel Number 214-26-108
Community Details
Overview
- 16 Buildings
- 64 Units
- Building Dimensions are irregular
- Northview Estates Subdivision
Recreation
- Community Playground
Building Details
- Gross Income $402,484
- Net Operating Income $215,761
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 27, 2014
Closed on
Apr 21, 2015
Sold by
16802 N 26Th Street #104 Llc
Bought by
Northview Star Llc
Seller's Agent
Scott Trevey
REI Marketing
Buyer's Agent
Scott Trevey
REI Marketing
List Price
$3,169,000
Sold Price
$3,072,000
Premium/Discount to List
-$97,000
-3.06%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,317,667
Avg. Annual Appreciation
-12.59%
Purchase Details
Closed on
Apr 30, 2010
Sold by
Gearhart Michael and Gearhart Lona
Bought by
16802 N 26Th Street Number 101 Llc
Purchase Details
Closed on
Jan 7, 2008
Sold by
Sanchez Carmela Guizar
Bought by
Sanchez Alvaro
Purchase Details
Closed on
Apr 28, 2005
Sold by
Northview Estates Acquisition Llc
Bought by
Sanchez Alvaro and Sanchez Carmela
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,611,000
Interest Rate
5.6%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 9, 2005
Sold by
Flores Jeffery R and Flores Kathleen D
Bought by
Northview Estates Acquisition Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,611,000
Interest Rate
5.6%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 27, 2000
Sold by
Investment Opportunities Inc
Bought by
Flores Jeffrey R and Flores Kathleen D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,950,000
Interest Rate
9.18%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 1, 1994
Sold by
Grand Canyon Title Agency Inc
Bought by
J G N L L C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,130,000
Interest Rate
8.78%
Mortgage Type
Seller Take Back
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Northview Star Llc | $3,072,000 | American Title Svc Agency Ll | |
| 16802 N 26Th Street Management Co Llc | -- | American Title Svc Agency Ll | |
| 16802 N 26Th Street Number 101 Llc | -- | None Available | |
| Sanchez Alvaro | -- | Lawyers Title Insurance Corp | |
| Sanchez Alvaro | -- | None Available | |
| Northview Estates Acquisition Llc | $5,040,000 | Capital Title Agency Inc | |
| Flores Jeffrey R | $2,600,000 | Stewart Title & Trust | |
| Investment Opportunities Inc | $2,065,000 | Stewart Title & Trust | |
| J G N L L C | $1,425,000 | Grand Canyon Title Agency In | |
| Grand Canyon Title Agency Inc | $1,425,000 | Grand Canyon Title Agency In |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Northview Estates Acquisition Llc | $2,611,000 | |
| Previous Owner | Flores Jeffrey R | $1,950,000 | |
| Previous Owner | J G N L L C | $1,130,000 | |
| Closed | Sanchez Alvaro | $0 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/30/2015 04/30/15 | Sold | $3,072,000 | -3.1% | $970 / Sq Ft |
| 01/12/2015 01/12/15 | Pending | -- | -- | -- |
| 10/27/2014 10/27/14 | For Sale | $3,169,000 | -- | $1,000 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $746 | $7,491 | -- | -- |
| 2024 | $730 | $7,135 | -- | -- |
| 2023 | $730 | $51,780 | $10,350 | $41,430 |
| 2022 | $723 | $41,300 | $8,260 | $33,040 |
| 2021 | $725 | $36,750 | $7,350 | $29,400 |
| 2020 | $702 | $26,360 | $5,270 | $21,090 |
| 2019 | $703 | $22,400 | $4,480 | $17,920 |
| 2018 | $680 | $16,480 | $3,290 | $13,190 |
| 2017 | $652 | $9,860 | $1,970 | $7,890 |
| 2016 | $641 | $9,450 | $1,890 | $7,560 |
| 2015 | $594 | $7,670 | $1,530 | $6,140 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5191457
APN: 214-26-108
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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