NOT LISTED FOR SALE

18018 N 41st St Phoenix, AZ 85032

Paradise Valley Village Neighborhood

Estimated Value: $573,000 - $756,000

-- Bed
-- Bath
2,294 Sq Ft
$289/Sq Ft Est. Value

Last Sold September 21, 2017

Last sale price $275,000 $120 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $3,642/month

9 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Individual Controls for Heating
  • Whispering Wind Academy Rated A-

About This Home

As of September 2017

Great opportunity to own a 3-plex property, sited on a large lot in highly desirable Paradise Valley location. Property has also been approved by the city to add 2 additional units with no additional water meter needed. Fully occupied, with each unit featuring upgrades completed and each with their own backyard. Conveniently located within minutes to Paradise Valley Community College, PV Golf Course, Hwy 51 and much more!

Last Agent to Sell the Property

Jake Carter

Zion Realty, LLC License #SA659848000 Listed on: 08/28/2017

Co-Listed By

Alyson Lewis

Zion Realty, LLC License #SA643322000

Last Buyer's Agent

Sarmad Matti

Keller Williams Realty Phoenix License #SA656652000

Keller Williams Realty Phoenix

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,438

Year Built

  • Built in 1960

Lot Details

  • 0.38

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Built-Up Roof
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Utilities

  • Central Air
  • Individual Controls for Heating
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 4
  • Assessor Parcel Number 215-16-068-B

Community Details

Overview

  • 3 Units
  • Building Dimensions are 16731
  • Villa Paradise Subdivision

Building Details

  • Operating Expense $3,638
  • Gross Income $29,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,438

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Cross Street: Union Hills & 40th St
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1960
  • Tax Year: 2016
  • Directions: From Union Hills go south on 40th St, go east on Rober E Lee St, south on 41st St. Property will be on the right.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: zire001
  • Co List Office Phone: 602-525-1745
  • Subdivision Name: VILLA PARADISE
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Other (See Remarks), F/S Oven/Range, Microwave
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:Other (See Remarks)56: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition, Built-Up
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0

Utilities

  • Electric: APS
  • Cooling: Central A/C, Individual
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Junior High Dist: Paradise Valley Unified District

Lot Info

  • Lot Size: 16731
  • Additional Parcels: No
  • Parcel #: 215-16-068-B

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 3
  • Annual Gross Income: 29400.0
  • Annual Operating Expense: 3638.0

Tax Info

  • Tax Annual Amount: 1438.0
  • Tax Book Number: 215.00
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2017
Closed on
Sep 29, 2017
Sold by
Osorio Jose R and Osorio Guadalupe
Bought by
Yassawi May
Seller's Agent
Jake Carter
Zion Realty, LLC
Buyer's Agent
Sarmad Matti
Keller Williams Realty Phoenix
List Price
$279,900
Sold Price
$275,000
Premium/Discount to List
-$4,900
-1.75%
Current Estimated Value
$662,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,667
Avg. Annual Appreciation
11.48%

Purchase Details

Listed on
Mar 13, 2015
Closed on
May 30, 2015
Sold by
Ismailyan Vram
Bought by
Osorio Jose R
Seller's Agent
Tim Hadrich
Regent Goldstar Real Estate
Buyer's Agent
George Mayer
DeLex Realty
List Price
$194,900
Sold Price
$220,000
Premium/Discount to List
$25,100
12.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.14%
Original Mortgage
$220,000
Interest Rate
3.64%
Mortgage Type
Purchase Money Mortgage
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
Yassawi May $300,000 North American Title Company
Osorio Jose R $220,000 Dhi Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Osorio Jose R $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/21/2017 09/21/17 Sold $275,000 -1.8% $120 / Sq Ft
09/06/2017 09/06/17 Pending -- -- --
08/28/2017 08/28/17 For Sale $279,900 +27.2% $122 / Sq Ft
06/01/2015 06/01/15 Sold $220,000 +12.9% $96 / Sq Ft View Prior Sale
05/22/2015 05/22/15 Pending -- -- --
03/13/2015 03/13/15 For Sale $194,900 -- $85 / 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 $1,672 $16,801 -- --
2024 $1,637 $16,001 -- --
2023 $1,637 $37,380 $7,470 $29,910
2022 $1,621 $29,680 $5,930 $23,750
2021 $1,626 $29,580 $5,910 $23,670
2020 $1,575 $28,170 $5,630 $22,540
2019 $1,577 $21,630 $4,320 $17,310
2018 $1,526 $18,720 $3,740 $14,980
2017 $1,463 $17,010 $3,400 $13,610
2016 $1,438 $14,250 $2,850 $11,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jake Carter

    Zion Realty, LLC

    (480) 322-2855

    3 in this area

    185 Total Sales

    Jake Carter
    Section Image

  • A

    Seller Co-Listing Agent in 2017

    Alyson Lewis

    Zion Realty, LLC

  • Sarmad Matti

    Buyer's Agent in 2017

    Sarmad Matti

    Keller Williams Realty Phoenix

    (602) 821-7512

    1 Total Sale

    Sarmad Matti
    Section Image
  • Tim Hadrich

    Seller's Agent in 2015

    Tim Hadrich

    Regent Goldstar Real Estate

    (480) 255-0898

    8 in this area

    32 Total Sales

    Tim Hadrich
    Section Image
  • George Mayer

    Buyer's Agent in 2015

    George Mayer

    DeLex Realty

    (480) 389-6683

    1 in this area

    28 Total Sales

    George Mayer
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5652735

Arizona Regional Multiple Listing Service (ARMLS)

APN: 215-16-068B

Arizona Maricopa County Phoenix 85032 Paradise Valley Village

18018 N 41st St, Phoenix, AZ

This home is located at 18018 N 41st St, Phoenix, AZ 85032 since 28 August 2017 and is currently estimated at $662,667, approximately $288 per square foot. This property was built in 1960. 18018 N 41st St is a home located in Maricopa County with nearby schools including Whispering Wind Academy, Sunrise Middle School, and Paradise Valley High School.

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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