J
Seller's Agent in 2018
Joe Montalto
USELLSMART Real Estate
(480) 707-7806
6 in this area
62 Total Sales
1812 N 31st Place Phoenix, AZ 85008
Camelback East Village NeighborhoodEstimated Value: $639,000 - $893,000
10
Beds
--
Bath
1,430
Sq Ft
$514/Sq Ft
Est. Value
Highlights
- Cooling Available
- Ceramic Tile Flooring
- Heating Available
- The Creighton Academy Rated 9+
About This Home
As of September 2018One of the last multifamily of its kind in the centrally located and desirable 85008 with one of the best cap rates at 8% Property recent renovations include, new roof 2017, electric and plumbing upgrades,
New granite and laminate counter tops 2018, designer bathrooms. Pavers, new fencing,private large patios, carports too many upgrades to list. All good tenants in place, most issues have been resolved, literally maintenance free. Be the first to claim this once today, won't last be the first to claim this one. there is also an 11 by 11 storage and an attached laundry room for potential additional income
an additional land in front of 1811 N. 31st for future developments.
Last Agent to Sell the Property
USELLSMART Real Estate License #BR637547000 Listed on: 06/09/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,540
Year Built
- Built in 1972
Lot Details
- 0.27
Home Design
- Composition Roof
- Block Exterior
Flooring
- Carpet
- Ceramic Tile
Parking
- 6 Open Parking Spaces
- 8 Parking Spaces
- 2 Covered Spaces
- Common or Shared Parking
Schools
- Creighton Elementary School
- Camelback High School
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Assessor Parcel Number 120-20-081
Community Details
Overview
- 2 Buildings
- 6 Units
- Building Dimensions are .27 ACRE
Building Details
- Operating Expense $1,540
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 30, 2021
Sold by
Balabus Llc
Bought by
Place 1812 Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$469,000
Outstanding Balance
$296,969
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$451,386
Purchase Details
Listed on
Jun 9, 2018
Closed on
Sep 12, 2018
Sold by
Emma Investments Properties Llc
Bought by
Balabus Llc
Seller's Agent
Joe Montalto
USELLSMART Real Estate
Buyer's Agent
Jason Kush
J. P. Kush & Associates, LLC
List Price
$449,500
Sold Price
$425,000
Premium/Discount to List
-$24,500
-5.45%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.55%
Original Mortgage
$318,750
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Oct 9, 2014
Sold by
85008 Apartments Llc
Bought by
Emma Investment Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
4.08%
Mortgage Type
Seller Take Back
Purchase Details
Listed on
Jan 18, 2012
Closed on
Mar 12, 2012
Sold by
Moore Justin J
Bought by
85008 Apartments Llc
Seller's Agent
Matthew Rogers
Keller Williams Realty Phoenix
Buyer's Agent
Matthew Rogers
Keller Williams Realty Phoenix
List Price
$30,000
Sold Price
$33,000
Premium/Discount to List
$3,000
10%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.10%
Purchase Details
Listed on
Jan 18, 2012
Closed on
Feb 29, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Moore Justin J
Seller's Agent
Matthew Rogers
Keller Williams Realty Phoenix
Buyer's Agent
Matthew Rogers
Keller Williams Realty Phoenix
List Price
$30,000
Sold Price
$33,000
Premium/Discount to List
$3,000
10%
Purchase Details
Closed on
Oct 18, 2011
Sold by
Pnc Bank National Association
Bought by
Secretary Of Housing & Urban Development
Purchase Details
Closed on
Jun 24, 2011
Sold by
Viveros Juan
Bought by
Pnc Bank Na
Purchase Details
Closed on
Jun 20, 2000
Sold by
Shaffer Gregory
Bought by
Viveros Juan
Purchase Details
Closed on
Jun 1, 2000
Sold by
Shaffer Douglas
Bought by
Shaffer Gregory and The Red Oak Trust
Purchase Details
Closed on
Jan 18, 2000
Sold by
Shaffer Gregory
Bought by
Shaffer Douglas
Purchase Details
Closed on
Nov 20, 1995
Sold by
Ehmann Joseph D and Ehmann Georgia
Bought by
Shaffer Doug A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,200
Interest Rate
7.42%
Mortgage Type
Seller Take Back
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Place 1812 Llc | $658,000 | Premier Title Agency | |
| Balabus Llc | $425,000 | Chicago Title Agency Inc | |
| Emma Investment Properties Llc | $145,000 | Chicago Title Agency Inc | |
| 85008 Apartments Llc | -- | None Available | |
| Moore Justin J | -- | Grand Canyon Title Agency | |
| Secretary Of Housing & Urban Development | -- | None Available | |
| Pnc Bank Na | $130,652 | None Available | |
| Viveros Juan | $135,000 | Arizona Title Agency Inc | |
| Shaffer Gregory | -- | -- | |
| Shaffer Douglas | -- | -- | |
| Shaffer Doug A | $64,000 | Grand Canyon Title Agency In |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Place 1812 Llc | $469,000 | |
| Previous Owner | Balabus Llc | $395,000 | |
| Previous Owner | Balabus Llc | $318,750 | |
| Previous Owner | Emma Investment Properties Llc | $85,000 | |
| Previous Owner | 85008 Apartments Llc | $75,000 | |
| Previous Owner | Shaffer Doug A | $51,200 | |
| Closed | Shaffer Doug A | $6,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/21/2018 09/21/18 | Sold | $425,000 | -5.5% | $297 / Sq Ft |
| 08/14/2018 08/14/18 | Pending | -- | -- | -- |
| 08/02/2018 08/02/18 | For Sale | $449,500 | 0.0% | $314 / Sq Ft |
| 07/03/2018 07/03/18 | Pending | -- | -- | -- |
| 06/09/2018 06/09/18 | For Sale | $449,500 | +1262.1% | $314 / Sq Ft |
| 03/01/2012 03/01/12 | Sold | $33,000 | +10.0% | $23 / Sq Ft |
| 01/26/2012 01/26/12 | Pending | -- | -- | -- |
| 01/18/2012 01/18/12 | For Sale | $30,000 | -- | $21 / 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 | $1,745 | $13,425 | -- | -- |
| 2024 | $1,725 | $12,786 | -- | -- |
| 2023 | $1,725 | $48,120 | $9,620 | $38,500 |
| 2022 | $1,657 | $35,610 | $7,120 | $28,490 |
| 2021 | $1,698 | $30,160 | $6,030 | $24,130 |
| 2020 | $1,657 | $24,970 | $4,990 | $19,980 |
| 2019 | $1,645 | $20,810 | $4,160 | $16,650 |
| 2018 | $1,611 | $19,230 | $3,840 | $15,390 |
| 2017 | $1,549 | $16,760 | $3,350 | $13,410 |
| 2016 | $1,489 | $14,460 | $2,890 | $11,570 |
| 2015 | $1,385 | $12,580 | $2,510 | $10,070 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2018
Jason Kush
J. P. Kush & Associates, LLC
(480) 221-9311
3 in this area
21 Total Sales
-
M
Seller's Agent in 2012
Matthew Rogers
Keller Williams Realty Phoenix
(602) 882-2829
7 Total Sales
-
A
Seller Co-Listing Agent in 2012
Alex Mogo
Keller Williams Realty Phoenix
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5778369
APN: 120-20-081
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
- 1714 N 32nd St
- 1618 N 32nd St Unit 6
- 2950 E Granada Rd
- 2201 N 29th Place
- 2936 E Willetta St
- 2327 N 29th St
- 2057 N 34th Place
- 2329 N 29th St
- 3230 E Sheridan St
- 2330 N 28th Place
- 2345 N 28th Place
- 2336 N 28th Place
- 2709 E Willetta St
- 2717 E Culver St
- 2642 E Willetta St
- 2301 N 27th St
- 3302 E Yale St
- 3239 E Virginia Ave
- 2000 N 36th St Unit 6
- 1816 N 31st Place
- 1817 N 31st St
- 1802 N 31st Place
- 1807 N 31st Place
- 1832 N 31st Place
- 1832 N 31st Place Unit 2
- 1832 N 31st Place Unit 4
- 1832 N 31st Place Unit 1
- 1832 N 31st Place Unit 3
- 1804 N 31st Place
- 1803 N 31st St
- 1821 N 31st St
- 3118 E Coronado Rd
- 1818 N 31st St
- 1805 N 31st Place
- 1805 N 31st Place
- 1805 N 31st Place
- 1805 N 31st Place
- 3121 E Coronado Rd
- 3124 E Coronado Rd