$88,500
SOLD SEP 24, 2012

1721 E Sheridan St Phoenix, AZ 85006

8 Beds
4 Baths
600 Sq Ft
0.3 Acres

Recently Sold

$148 Per Sq Ft

11% Above List Price

116 Days on Market

Highlights

  • Evaporated cooling system
  • Phoenix Coding Academy Rated A
  • Carpet

About This Home

As of September 2017

What an amazing opportunity to own this 4 plex! Tons of potential and located only minutes from downtown Phoenix and major freeways!

Last Agent to Sell the Property

Juan Mojica

eXp Realty License #SA633221000 Listed on: 04/22/2012

eXp Realty

Co-Listed By

Michelle Mojica

eXp Realty License #BR547803000

Last Buyer's Agent

Anna Selby

My Home Group Real Estate License #SA639550000

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,460

Year Built

  • Built in 1959

Home Design

  • Composition Shingle Roof
  • Block Exterior

Kitchen

  • Oven or Range
  • Free-Standing Electric Oven

Flooring

  • Carpet
  • Vinyl

Schools

  • Creighton Elementary School
  • North High School

Utilities

  • Evaporated cooling system
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for water

Community Details

Overview

  • $1,319 per year Dock Fee
  • 4 Units
  • Building Dimensions are 75x163

Building Details

  • Insurance Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,460

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Tax Municipality: Phoenix
  • Appliances Included: F/S Oven/Range
  • Cross Street: 16th Street and Thomas
  • Floors: Carpet, Vinyl
  • Legal Info Lot Number: 41
  • Legal Info Range: 3E
  • Legal Info Section: 34
  • Legal Info Township: 2N
  • Roads Streets: Asphalt
  • Property Type: F
  • Legal Description Abbrev: Greenfield Acres Tr 02
  • Marketing Name: Location!
  • Ownership: Fee Simple
  • Uncvrd Parking Spcs: 3.00
  • Map Code Grid: P35
  • Year Built: 1959
  • Tax Year: 2011
  • Directions: South on 16th Street and East to property
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Roofing: Comp Shingle
  • Construction: Block

Garage/Parking

  • Parking: <1 Space Per Unit
  • Total Parking Spaces: 13212.00
  • Covered Parking Spaces: 13209.00

Utilities

  • Water: City Franchise
  • Electric: APS
  • Gas: SW Gas
  • Cooling: Evaporative Cooling
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Community Amenities: No Pool

Schools

  • Elementary School: Creighton Elementary School
  • Middle School: Creighton Elementary School
  • High School: North High School
  • Elementary School: Creighton Elementary School
  • High School: North High School
  • Junior High School: Creighton Elementary School

Lot Info

  • Lot Size: 75x163

Multi Family

  • Income And Expenses Annual Elec Exp: 1800.00
  • Income And Expenses Annual Gas Exp: 900.00
  • Income And Expenses Annual Ins Exp: 1200.00
  • Income And Expenses Annual Water Sewer Exp: 1200.00
  • Income And Expenses Operating Exp: 6419.00
  • Number Of Two Bedroom Units: 4
  • Owner Pays: Water
  • Tenant Pays: Electric, Gas
  • Total Numberof Buildings: 2
  • Total Numberof Units: 4.00
  • Two Bedroom Units Avg Rent: 450.00
  • Two Bedroom Units Avg Sq Ft: 600
  • Two Bedroom Units Baths: 1

Tax Info

  • Taxes: 1319.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2021
Sold by
Horn Jeremy
Bought by
Sampson Amber Marie
Current Estimated Value
$732,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,889
Outstanding Balance
$216,491
Interest Rate
2.28%
Mortgage Type
New Conventional
Estimated Equity
$515,756

Purchase Details

Listed on
Jul 13, 2017
Closed on
Aug 21, 2017
Sold by
Dh Assets Llc
Bought by
Sampson Amber
Seller's Agent
Wayne Beneteau
HomeSmart
Buyer's Agent
Laurie Moore
Russ Lyon Sotheby's International Realty
List Price
$295,000
Sold Price
$285,000
Premium/Discount to List
-$10,000
-3.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.70%
Original Mortgage
$285,000
Interest Rate
3.9%
Mortgage Type
VA

Purchase Details

Listed on
Apr 22, 2012
Closed on
Sep 20, 2012
Sold by
Portales Miriam H
Bought by
Dh Assets Llc
Seller's Agent
Juan Mojica
eXp Realty
Buyer's Agent
Anna Selby
My Home Group Real Estate
List Price
$80,000
Sold Price
$88,500
Premium/Discount to List
$8,500
10.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.47%
Original Mortgage
$100,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2000
Sold by
Portales Dionicia
Bought by
Portales Miriam H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
11.12%

Purchase Details

Closed on
Apr 8, 1994
Sold by
Bondurant Robert L
Bought by
Portales Miriam H and Portales Dionicia
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed -- Accommodation
Warranty Deed $285,000 First Arizona Title Agency L
Warranty Deed $88,500 Fidelity Natl Title Agency I
Interfamily Deed Transfer -- Ati Title Agency
Warranty Deed $78,500 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $271,889 New Conventional
Previous Owner $285,000 VA
Previous Owner $100,000 New Conventional
Previous Owner $126,000 Fannie Mae Freddie Mac
Previous Owner $78,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2017 09/15/17 Sold $285,000 -3.4% $175 / Sq Ft
09/04/2017 09/04/17 Pending -- -- --
08/30/2017 08/30/17 For Sale $295,000 0.0% $182 / Sq Ft
08/30/2017 08/30/17 Price Changed $295,000 0.0% $182 / Sq Ft
07/17/2017 07/17/17 Pending -- -- --
07/12/2017 07/12/17 For Sale $295,000 +233.3% $182 / Sq Ft
09/24/2012 09/24/12 Sold $88,500 +10.6% $148 / Sq Ft
08/16/2012 08/16/12 Pending -- -- --
04/22/2012 04/22/12 For Sale $80,000 -- $133 / 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 $1,460 $11,233 -- --
2024 $1,443 $10,698 -- --
2023 $1,443 $49,400 $9,880 $39,520
2022 $1,387 $36,810 $7,360 $29,450
2021 $1,421 $28,980 $5,790 $23,190
2020 $1,386 $25,200 $5,040 $20,160
2019 $1,376 $21,410 $4,280 $17,130
2018 $1,348 $18,900 $3,780 $15,120
2017 $1,296 $16,120 $3,220 $12,900
2016 $1,246 $13,480 $2,690 $10,790
2015 $1,159 $11,500 $2,300 $9,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4748784

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-05-085B