NOT LISTED FOR SALE

1801 E Pinchot Ave Phoenix, AZ 85016

Estimated Value: $506,541 - $678,000

4 Beds
3 Baths
690 Sq Ft
$851/Sq Ft Est. Value

Last Sold May 29, 2015

Last sale price $240,000 $348 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $3,367/month

36 Days on Market

Highlights

  • Cooling Available
  • Central Heating
  • Concrete Flooring
  • Phoenix Coding Academy Rated A
  • Ceiling Fan

About This Home

As of May 2015

Great Investment Opportunity located in Historic Urbandale Neighborhood.
There is a 2 bedroom, 1 bath house with attached 1 car garage facing Pinchot Ave., address: 1801 E. Pinchot Ave. The duplex faces 18th Street, addresses: 3011 and 3015 N. 18th Street, Phoenix. They are each 2 bedroom, 1 bath with no carport or garage.

Water uses only the 1801 address and has only the one meter the owners pay the water. Mail, gas (Southwest Gas), and electric (Arizona Public Service) use the 3 individual addresses for service and billing. The tenants pay for gas and electric.

All 3 units are currently rented on a month to month arrangement. Current owners receive $550 per month for the house and $530 per month for each duplex.

Last Agent to Sell the Property

Adrianne Lynch

Real Broker License #SA528522000 Listed on: 03/16/2015

Real Broker

Last Buyer's Agent

Spyros Scocos

DeLex Realty License #SA510302000

DeLex Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $938

Year Built

  • Built in 1948

Lot Details

  • 0.26

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • Ceiling Fan
  • Concrete Flooring

Parking

  • 3 Open Parking Spaces
  • 4 Parking Spaces
  • 1 Covered Space

Schools

  • Creighton Elementary School

Utilities

  • Cooling Available
  • Multiple Heating Units
  • Central Heating
  • Heating System Uses Natural Gas

Community Details

  • 2 Buildings
  • 3 Units
  • Building Dimensions are 145.30 x 62.22
  • Urbandale Subdivision

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 117
  • Assessor Parcel Number 119-25-117

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$938

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Cross Street: Thomas & 18th St
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Year Built: 1948
  • Tax Year: 2014
  • Directions: North on 18th St to Pinchot Ave, properties are located on the corner of 18th St and Pinchot.
  • Road Surface Type: Asphalt
  • Subdivision Name: URBANDALE
  • Garage Yn: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: None
  • Construction Type: Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 4.0
  • Garage Details: Yes
  • Parking:Paved Parking: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS
  • Cooling: Electric, Ceiling Fan(s)
  • Heating: Central, 2 or More Units, Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes
  • Heating:_two_ or More Units3: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Creighton Elementary School
  • Middle Or Junior School: Creighton Elementary School

Lot Info

  • Lot Size: 145.30 x 62.22
  • Additional Parcels: No
  • Parcel #: 119-25-117

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 3
  • Insurance Expense: 900.0

Tax Info

  • Tax Annual Amount: 938.46
  • Tax Book Number: 119.00
  • Tax Lot: 117

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2018
Sold by
Yager Leroy M
Bought by
Scocos Mary S and Scocos Spyros
Current Estimated Value
$593,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,276
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 16, 2015
Closed on
May 20, 2015
Sold by
Raymond Ronald D and Raymond Yvonne M
Bought by
Yager Leroy M
Seller's Agent
Adrianne Lynch
Real Broker
Buyer's Agent
Spyros Scocos
DeLex Realty
List Price
$250,000
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.45%
Original Mortgage
$235,653
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 19, 1997
Sold by
Hud
Bought by
Raymond Ronald D and Raymond Yvonne M

Purchase Details

Closed on
Sep 2, 1997
Sold by
Bank United
Bought by
Hud

Purchase Details

Closed on
May 1, 1997
Sold by
Schenck Barry L
Bought by
Bank United

Purchase Details

Closed on
Oct 11, 1995
Sold by
Zold Frank K and Austin Rachel R
Bought by
Schenck Barry and Schenck Barry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,597
Interest Rate
7.48%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Scocos Mary S $316,500 Equity Title Agency Inc
Yager Leroy M $240,000 Equity Title Agency Inc
Raymond Ronald D -- First Southwestern Title
Hud -- Security Title Agency
Bank United -- Security Title Agency
Schenck Barry $73,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scocos Spyros $305,936
Closed Scocos Spyros $305,698
Closed Socos Spyros $42,731
Closed Scocos Mary S $310,276
Previous Owner Yager Leroy M $41,066
Previous Owner Yager Leroy M $235,653
Previous Owner Schenck Barry $72,597
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2015 05/29/15 Sold $240,000 -4.0% $348 / Sq Ft
04/19/2015 04/19/15 Pending -- -- --
03/14/2015 03/14/15 For Sale $250,000 -- $362 / 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 $1,402 $10,780 -- --
2024 $1,385 $10,267 -- --
2023 $1,385 $36,780 $7,350 $29,430
2022 $1,331 $27,330 $5,460 $21,870
2021 $1,363 $23,120 $4,620 $18,500
2020 $1,330 $19,020 $3,800 $15,220
2019 $1,321 $18,460 $3,690 $14,770
2018 $1,294 $14,610 $2,920 $11,690
2017 $1,244 $12,860 $2,570 $10,290
2016 $1,196 $9,520 $1,900 $7,620
2015 $1,112 $8,480 $1,690 $6,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5250854

Arizona Regional Multiple Listing Service (ARMLS)

APN: 119-25-117