NOT LISTED FOR SALE

1729 S 2nd Place Phoenix, AZ 85004

Central City Neighborhood

Estimated Value: $305,000 - $498,000

3 Beds
-- Bath
2,240 Sq Ft
$189/Sq Ft Est. Value

Sale Details

Date Sold: December 16, 2015

Last sale price $135,000 $60 Per Sq Ft

Est. 213% increase in value since last sale

Current estimated payment $2,326 / mo

About This Home

ATTENTION 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!!

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
$422,700

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
11.62%
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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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 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 Prior Sale
12/16/2015 12/16/15 Sold $135,000 -12.8% $60 / Sq Ft View Prior Sale
11/09/2015 11/09/15 Pending -- -- --
06/07/2015 06/07/15 For Sale $154,900 -- $69 / Sq Ft

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

    Seller's Agent in 2015

    Theresa Mattern

    HomeSmart

    (602) 647-0047

    1 in this area

    70 Total Sales

    Theresa Mattern
    Section Image

  • R

    Buyer's Agent in 2015

    Rasheia Collins

    Venture REI, LLC

    Section Image
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Map

Arizona Maricopa County Phoenix 85004 Central City

1729 S 2nd Place, Phoenix, AZ

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.

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