NOT LISTED FOR SALE

Estimated Value: $668,000 - $824,326

3 Beds
-- Bath
2,470 Sq Ft
$302/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $800,000 $324 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $3,989/month

122 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A

About This Home

As of May 2023

Three on Earll is an updated triplex in the heart of Phoenix. Super close to freeway and Biltmore and Arcadia. Fully rented but rented below markets 1,200-1,300. Market rents are 1800 to 2,000. All two bedroom units. Back yards and street parking and a side yard with RV gate. Seller is willing to carry with 25% down and up to 5 years at 5%. All facts and figures are approximate buyer verify MLS information. Drive by only.

Last Agent to Sell the Property

Sophia Baron

Get Multifamily License #BR648866000 Listed on: 12/17/2022

Co-Listed By

Michael Gordon

Get Multifamily License #BR688636000

Last Buyer's Agent

Rich Baxter

Fathom Realty Elite License #SA037465000

Fathom Realty Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,657

Year Built

  • Built in 1947

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 3 Parking Spaces
  • Carport

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Tax Lot 40
  • Assessor Parcel Number 119-25-040

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are 9780
  • Urbandale Subdivision

Building Details

  • Operating Expense $9,657
  • Gross Income $62,856
  • Net Operating Income $53,199

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,657

Year Built

Built in 1947

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: 16th st./Thomas
  • Property Type: Multiple Dwellings
  • Zoning: res
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1947
  • Tax Year: 2022
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: grcr001
  • Co List Office Phone: 602-975-5516
  • Subdivision Name: URBANDALE
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Other
  • Appliances: Free-Standing Range, Other

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Carport
  • Attached Garage: No
  • Total Parking Spaces: 3.0

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise

Condo/Co-op/Association

  • Community Features: No Pool

Fee Information

  • Trash Expense: 1000.0
  • Annual Water Sewer Expense: 2400.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 9780
  • Additional Parcels: No
  • Parcel #: 119-25-040

Multi Family

  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas
  • Number Of Units Total: 3
  • Annual Gross Income: 62856.0
  • Insurance Expense: 1600.0
  • Maintenance Expense: 3000.0
  • Property Net Operating Income: 53199.0
  • Annual Operating Expense: 9657.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 1657.0
  • Tax Lot: 40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2022
Closed on
May 31, 2023
Sold by
Summers Scott B
Bought by
Cryptomonde Llc
Seller's Agent
Sophia Baron
Get Multifamily
Buyer's Agent
Rich Baxter
Fathom Realty Elite
List Price
$1,000,000
Sold Price
$800,000
Premium/Discount to List
-$200,000
-20%
Views
181
Current Estimated Value
$746,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$53,918
Avg. Annual Appreciation
-2.50%
Original Mortgage
$581,250
Outstanding Balance
$367,770
Interest Rate
6.39%
Mortgage Type
Seller Take Back
Estimated Equity
$378,312

Purchase Details

Closed on
May 1, 1997
Sold by
Summers Samuel B
Bought by
Summers Scott B
Source: Public Records
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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
Cryptomonde Llc $775,000 Empire Title Agency
Summers Scott B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cryptomonde Llc $581,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2023 05/31/23 Sold $800,000 -5.9% $324 / Sq Ft
04/18/2023 04/18/23 Pending -- -- --
03/09/2023 03/09/23 Price Changed $850,000 -15.0% $344 / Sq Ft
12/17/2022 12/17/22 For Sale $1,000,000 -- $405 / 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 $1,880 $13,920 -- --
2024 $1,789 $13,257 -- --
2023 $1,789 $49,230 $9,840 $39,390
2022 $1,657 $38,510 $7,700 $30,810
2021 $1,703 $33,810 $6,760 $27,050
2020 $1,661 $28,300 $5,660 $22,640
2019 $1,650 $24,810 $4,960 $19,850
2018 $1,615 $19,300 $3,860 $15,440
2017 $1,552 $17,950 $3,590 $14,360
2016 $1,491 $13,760 $2,750 $11,010
2015 $1,388 $12,530 $2,500 $10,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6499778

Arizona Regional Multiple Listing Service (ARMLS)

APN: 119-25-040

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