Seller's Agent in 2015
Theresa Mattern
HomeSmart
(602) 647-0047
1 in this area
72 Total Sales
1729 S 2nd Place Phoenix, AZ 85004
Central City NeighborhoodEstimated Value: $312,000 - $443,362
3
Beds
--
Bath
2,240
Sq Ft
$174/Sq Ft
Est. Value
Highlights
- Multiple cooling system units
- Ceramic Tile Flooring
- Multiple Heating Units
- Phoenix Coding Academy Rated A
- Ceiling Fan
About This Home
As of December 2015ATTENTION ALL INVESTORS! Rent 1 side, live in the other side for FREE! The building, and everything attached to it is only 10 yrs old!! Each unit is 3X2 1200 sq ft! Both on month to month leases. Current rent $725 . Elec. not included, se. Both tenants have been there for years, and want to stay. Excellent paying record! Units are partially updated with fresh paint, updated baths, ceiling fans in every-room. Unit 2 has all new floors, new counter tops, and new waterheater! Big Homes, clean, and new! Each unit has there own storage unit and share the private laundry room. The building owner pays for the electric for only the laundry, and water for the building, together total $150 per month. Walking distance to schools and great freeway access.
EASY MONEY made here!!
Last Agent to Sell the Property
HomeSmart License #SA547610000 Listed on: 06/07/2015
Last Buyer's Agent
Rasheia Collins
Venture REI, LLC License #BR563558000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $831
Year Built
- Built in 2004
Lot Details
- 6,316
Home Design
- Composition Roof
- Block Exterior
Flooring
- Carpet
- Ceramic Tile
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
- Free Parking
Schools
- Arroyo Elementary School
- Heritage Middle School
- Washington High School
Utilities
- Multiple cooling system units
- Multiple Heating Units
- Heat Pump System
Additional Features
- Ceiling Fan
- Property fronts an alley
Listing and Financial Details
- Tenant pays for electricity
- The owner pays for water, sewer
- Legal Lot and Block 18 / 7
- Assessor Parcel Number 112-39-018
Community Details
Overview
- 2 Units
- Building Dimensions are good size
- Cope Add Blks 1 6 Subdivision
Building Details
- Operating Expense $3,531
- Gross Income $16,800
- Net Operating Income $16,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 19, 2021
Sold by
Zar Capital Llc
Bought by
Radji Moufid
Current Estimated Value
Purchase Details
Closed on
Apr 28, 2018
Sold by
Radji Moufid and Radji Moufid A
Bought by
Zar Capital Llc
Purchase Details
Listed on
Jun 7, 2015
Closed on
Dec 2, 2015
Sold by
Fisher Billy
Bought by
Radji Moufid and Radji Moufid A
Seller's Agent
Theresa Mattern
HomeSmart
Buyer's Agent
Rasheia Collins
Venture REI, LLC
List Price
$154,900
Sold Price
$135,000
Premium/Discount to List
-$19,900
-12.85%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.97%
Original Mortgage
$101,250
Interest Rate
3.71%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 12, 2004
Sold by
Robbins Fisher Nancy
Bought by
Fisher Billy
Purchase Details
Closed on
Aug 25, 2003
Sold by
Wagner Jason T
Bought by
Net Worth Development Co Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,145
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 8, 2002
Sold by
Wagner Beverly K and Wagner Richard D
Bought by
Wagner Jason T
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Radji Moufid | -- | New Title Company Name | |
| Zar Capital Llc | -- | New Title Company Name | |
| Zar Capital Llc | -- | None Available | |
| Radji Moufid | $135,000 | Security Title Agency Inc | |
| Fisher Billy | -- | First Financial Title Agency | |
| Fisher Billy | $180,000 | First Financial Title Agency | |
| Net Worth Development Co Llc | $17,000 | Chicago Title Insurance Co | |
| Wagner Jason T | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Radji Moufid | $101,250 | |
| Previous Owner | Net Worth Development Co Llc | $17,145 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/16/2015 12/16/15 | Sold | $135,000 | -12.8% | $60 / Sq Ft |
| 11/09/2015 11/09/15 | Pending | -- | -- | -- |
| 06/07/2015 06/07/15 | For Sale | $154,900 | -- | $69 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
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 | $1,198 | $8,436 | -- | -- |
| 2024 | $1,117 | $8,035 | -- | -- |
| 2023 | $1,117 | $28,280 | $5,650 | $22,630 |
| 2022 | $1,078 | $19,970 | $3,990 | $15,980 |
| 2021 | $1,070 | $16,470 | $3,290 | $13,180 |
| 2020 | $1,082 | $14,060 | $2,810 | $11,250 |
| 2019 | $1,080 | $12,960 | $2,590 | $10,370 |
| 2018 | $1,062 | $12,980 | $2,590 | $10,390 |
| 2017 | $1,037 | $11,120 | $2,220 | $8,900 |
| 2016 | $1,007 | $8,800 | $1,760 | $7,040 |
| 2015 | $932 | $7,420 | $1,480 | $5,940 |
Source: Public Records
Agents Affiliated with this Home
-
Theresa Mattern
-
R
Buyer's Agent in 2015
Rasheia Collins
Venture REI, LLC
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5290964
APN: 112-39-018
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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