Seller's Agent in 2025
Jackson Everhart
Orion Investment Real Estate
(480) 634-6934
2 in this area
24 Total Sales
1803 N 31st Place Phoenix, AZ 85008
Camelback East Village Neighborhood
--
Bed
--
Bath
1,846
Sq Ft
1958
Built
Highlights
- Multiple cooling system units
- Concrete Flooring
- Heating Available
- The Creighton Academy Rated 9+
About This Home
As of June 2025Lee & Associates is pleased to present the opportunity to acquire Spanish Place Apartments which possesses 14, single story apartment units. Two of the models units have been recently renovated and leased. The remaining 12 units which are unrenovated, with most in a ''shell'' condition offer an investor the opportunity to immediately rehab these units. This property has tremendous value-add potential primarily through capital infusion for interior unit remodel. The owner also owns the adjacent buildable lot to the north which can be purchased independent of the 14 existing units.
Tours by appointment only. Please do not disturb tenants.
Last Agent to Sell the Property
Lee & Associates License #BR654921000 Listed on: 12/07/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,774
Year Built
- Built in 1958
Home Design
- Composition Roof
- Block Exterior
Flooring
- Concrete Flooring
Parking
- 22 Open Parking Spaces
- 22 Parking Spaces
Utilities
- Multiple cooling system units
- Cooling System Mounted To A Wall/Window
- Heating Available
Listing and Financial Details
- Assessor Parcel Number 120-20-054
Community Details
Overview
- 6 Buildings
- 14 Units
- Building Dimensions are 58371
Building Details
- Operating Expense $3,774
- Gross Income $146,111
- Net Operating Income $103,737
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 30, 2025
Closed on
May 28, 2025
Sold by
Msms Az Llc
Bought by
Ap31 Llc
Seller's Agent
Jackson Everhart
Orion Investment Real Estate
Buyer's Agent
Eric Avdee
The Brokery
List Price
$2,300,000
Sold Price
$2,300,000
Views
1
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-92.82%
Original Mortgage
$1,650,000
Outstanding Balance
$1,650,000
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$117,354
Purchase Details
Closed on
Mar 14, 2023
Sold by
Morris Shandler And Muriel Shandler 1991
Bought by
Msms Az Llc
Purchase Details
Closed on
Mar 3, 2021
Sold by
1803 Spanish Place Llc
Bought by
Bokin Talia and Bokin Vadim
Purchase Details
Listed on
Dec 7, 2018
Closed on
Feb 22, 2019
Sold by
Spanish Place Apartments Llc
Bought by
1803 Spanish Place Llc
Seller's Agent
Lisa Lombard
Lee & Associates
Buyer's Agent
Lisa Lombard
Lee & Associates
List Price
$1,595,000
Sold Price
$1,060,000
Premium/Discount to List
-$535,000
-33.54%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.44%
Purchase Details
Closed on
Apr 14, 2015
Sold by
Moore Justin
Bought by
Spanish Place Apartments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 21, 2012
Sold by
Moore Justin J
Bought by
Spanish Place Apartments Llc
Purchase Details
Closed on
Jul 26, 2011
Sold by
Flores Jesus G and Flores Maria L
Bought by
Moore Justin J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.53%
Mortgage Type
Unknown
Purchase Details
Closed on
Jun 27, 2005
Sold by
Bahour Dhia and Bahour Rosa
Bought by
Flores Jesus and Flores Maria L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.65%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 23, 2003
Sold by
Ianc Florin
Bought by
Dragos Voda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,220
Interest Rate
6.03%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Dec 22, 2003
Sold by
Ianc Florin and Dragos Voda
Bought by
Bahour Dhia and Bahour Rosa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,220
Interest Rate
6.03%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jul 21, 2003
Sold by
Ianc Alina
Bought by
Ianc Florin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,500
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 18, 2003
Sold by
Dragos Voda
Bought by
Ianc Florin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,500
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 27, 2003
Sold by
Ianc Florin and Ianc Alina
Bought by
Ianc Florin and Dragos Voda
Purchase Details
Closed on
Mar 22, 2001
Sold by
Mada Vasile and Mada Florentina
Bought by
Mada Vasile and Mada Florentina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,700
Interest Rate
7.75%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 6, 2001
Sold by
Knight Investment Group Inc
Bought by
Mada Vasile and Mada Florentina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,700
Interest Rate
7.75%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 12, 1998
Sold by
1803-31St Pl Llc
Bought by
Knight Investment Group Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.91%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Aug 7, 1998
Sold by
Real Estate Wholesalers Llc
Bought by
1803 31St Pl Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.9%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jul 23, 1998
Sold by
Iranco Development Company Inc and Coker Shawn T
Bought by
Real Estate Wholesalers Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.9%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Dec 4, 1995
Sold by
Coker Shawn T and Holender Donald B
Bought by
Iranco Development Company Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
7.38%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
May 24, 1972
Sold by
Jensen Richard N and Jensen Marjorie J
Bought by
Milano James P and Milano Lavon
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,300,000 | Wfg National Title Insurance C | |
| Special Warranty Deed | -- | Chicago Title Agency | |
| Special Warranty Deed | $2,165,000 | Chicago Title Agency Inc | |
| Special Warranty Deed | $1,060,000 | Chicago Title Agency | |
| Special Warranty Deed | -- | Chicago Title Agency Inc | |
| Special Warranty Deed | -- | None Available | |
| Cash Sale Deed | $200,000 | Driggs Title Agency Inc | |
| Warranty Deed | $675,000 | -- | |
| Quit Claim Deed | -- | Capital Title Agency Inc | |
| Warranty Deed | $580,000 | Capital Title Agency Inc | |
| Interfamily Deed Transfer | -- | Capital Title Agency Inc | |
| Quit Claim Deed | -- | Capital Title Agency Inc | |
| Interfamily Deed Transfer | -- | American Title Ins Of Az Inc | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $350,000 | Security Title Agency | |
| Warranty Deed | $310,000 | Stewart Title & Trust | |
| Quit Claim Deed | -- | Security Title Agency | |
| Trustee Deed | -- | Security Title Agency | |
| Warranty Deed | $230,000 | First American Title | |
| Joint Tenancy Deed | -- | Transamerica Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,650,000 | New Conventional | |
| Previous Owner | $435,000 | Purchase Money Mortgage | |
| Previous Owner | $400,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $160,000 | Unknown | |
| Previous Owner | $500,000 | New Conventional | |
| Previous Owner | $434,000 | Unknown | |
| Previous Owner | $400,220 | Seller Take Back | |
| Previous Owner | $402,500 | Purchase Money Mortgage | |
| Previous Owner | $277,700 | Commercial | |
| Previous Owner | $70,000 | Seller Take Back | |
| Previous Owner | $200,000 | Seller Take Back | |
| Previous Owner | $210,000 | Seller Take Back | |
| Closed | $92,779 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/01/2025 06/01/25 | Sold | $2,300,000 | 0.0% | $1,246 / Sq Ft |
| 05/30/2025 05/30/25 | For Sale | $2,300,000 | +117.0% | $1,246 / Sq Ft |
| 03/20/2019 03/20/19 | Sold | $1,060,000 | -15.2% | $574 / Sq Ft |
| 02/05/2019 02/05/19 | Price Changed | $1,250,000 | -21.6% | $677 / Sq Ft |
| 12/07/2018 12/07/18 | For Sale | $1,595,000 | -- | $864 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $3,226 | $24,810 | -- | -- |
| 2024 | $3,188 | $23,629 | -- | -- |
| 2023 | $3,188 | $103,130 | $20,620 | $82,510 |
| 2022 | $3,063 | $72,610 | $14,520 | $58,090 |
| 2021 | $3,138 | $60,470 | $12,090 | $48,380 |
| 2020 | $3,061 | $51,000 | $10,200 | $40,800 |
| 2019 | $3,040 | $44,720 | $8,940 | $35,780 |
| 2018 | $2,977 | $40,530 | $8,100 | $32,430 |
| 2017 | $2,862 | $33,520 | $6,700 | $26,820 |
| 2016 | $2,752 | $29,760 | $5,950 | $23,810 |
| 2015 | $2,560 | $26,230 | $5,240 | $20,990 |
Source: Public Records
Agents Affiliated with this Home
-
Jackson Everhart
-
Eric Avdee
Buyer's Agent in 2025
Eric Avdee
The Brokery
(520) 615-8400
30 in this area
148 Total Sales
-
Lisa Lombard
L
Seller's Agent in 2019
Lisa Lombard
Lee & Associates
(602) 956-7777
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5855203
APN: 120-20-054
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.
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
Nearby Homes
- 1713 N 31st Place
- 2950 E Granada Rd
- 1714 N 32nd St
- 1618 N 32nd St Unit 6
- 2201 N 29th Place
- 2936 E Willetta St
- 2327 N 29th St
- 2329 N 29th St
- 3322 E Willetta St
- 2330 N 28th Place
- 2345 N 28th Place
- 2336 N 28th Place
- 3230 E Sheridan St
- 2709 E Willetta St
- 2301 N 27th St
- 3302 E Yale St
- 2401 N 27th St
- 2202 N 26th Place
- 2601 N 32nd St
- 1801 N 25th Place