NOT LISTED FOR SALE

1745 E Cambridge Ave Phoenix, AZ 85006

Estimated Value: $591,000 - $992,000

6 Beds
-- Bath
2,700 Sq Ft
$299/Sq Ft Est. Value

Last Sold April 22, 2022

Last sale price $900,000 $333 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $4,573/month

40 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Heat Pump System

About This Home

As of April 2022

PROPERTY VALUE IS IN THE LOCATION. ACCROSS THE STREET FACING THE PHOENIX CHILDRENS HOSPITAL MAKES IT A GREAT PLACE FOR DOCTORS AND NURSES TO LIVE.
ALL TENANTS ARE ON MONTH-TO-MONTH LEASES. PORTFOLIO SALE, FOUR CONTINUOUS TRI-PLEXES PRICED AT $1M EACH 1745,1751,1801 & 1809 E. CAMBRIDGE AVE MUST BE SOLD TOGETHER. INTERIOR INSPECTION ONLY AFTER ACCEPTED CONTRACT AND AFTER EARNEST MONEY IS DEPOSITED.

Last Listed By

Robert Passariello

Realty Executives License #SA538257000 Listed on: 02/04/2022

Realty Executives

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $852

Year Built

  • Built in 1964

Lot Details

  • 9,365

Home Design

  • Composition Roof

Parking

  • 2 Open Parking Spaces
  • 5 Parking Spaces
  • 3 Covered Spaces
  • Common or Shared Parking

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • The owner pays for water, sewer
  • Tax Lot 3
  • Assessor Parcel Number 117-04-070

Community Details

Overview

  • 3 Units
  • Building Dimensions are irr
  • Mccreary Place Pt Lt 33 Greenfield Acres 2 Subdivision

Building Details

  • Operating Expense $852

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$852

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Cross Street: N 20th ST & CAMBRIDGE
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: multi
  • Number Of Buildings: 1
  • Year Built: 1964
  • Tax Year: 2021
  • Directions: FROM THOMAS, SOUTH ON 20TH ST TO CAMBRIDGE, WEST ON CAMBRIDGE TO THE PROPERTY ON THE SOUTH SIDE OF THE STREET.
  • Road Surface Type: Asphalt
  • Subdivision Name: MCCREARY PLACE PT LT 33 GREENFIELD ACRES 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Slump Block
  • Roof: Composition
  • Construction:Slump Block: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 5.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:Carport: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Heat Pump, Electric
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Interior Amenities:Unfurnished: Yes

Lot Info

  • Lot Size: irr
  • Additional Parcels: No
  • Parcel #: 117-04-070

Multi Family

  • Owner Pays: Water, Sewer
  • Number Of Units Total: 3
  • Annual Operating Expense: 852.0

Tax Info

  • Tax Annual Amount: 852.0
  • Tax Book Number: 117.00
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2022
Closed on
Apr 20, 2022
Sold by
Kinsey Phillip L and Kinsey Sandra K
Bought by
1745-1809 E Cambridge Avenue Llc
Seller's Agent
Robert Passariello
Realty Executives
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$1,000,000
Sold Price
$900,000
Premium/Discount to List
-$100,000
-10%
Total Days on Market
40
Current Estimated Value
$807,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$92,333
Avg. Annual Appreciation
-0.28%

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 Buyer Sale Price Title Company
1745-1809 E Cambridge Avenue Llc $3,600,000 Equitable Title
1745-1809 E Cambridge Avenue Llc -- Murphy Cordier Casale Axel Plc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2022 04/22/22 Sold $900,000 -10.0% $333 / Sq Ft
03/16/2022 03/16/22 Pending -- -- --
02/04/2022 02/04/22 For Sale $1,000,000 -- $370 / 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 $875 $6,733 -- --
2024 $865 $6,412 -- --
2023 $865 $31,130 $6,320 $24,810
2022 $831 $23,230 $4,720 $18,510
2021 $852 $18,280 $3,710 $14,570
2020 $831 $16,200 $3,290 $12,910
2019 $825 $13,910 $2,820 $11,090
2018 $808 $12,070 $2,450 $9,620
2017 $777 $10,190 $2,070 $8,120
2016 $747 $9,060 $1,840 $7,220
2015 $695 $7,730 $1,570 $6,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6351157

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-04-070