Seller's Agent in 2013
Lester Cox
Real Broker
(480) 726-0400
14 Total Sales
1815 E Sheridan St Phoenix, AZ 85006
Central City NeighborhoodEstimated Value: $381,297 - $824,000
Studio
--
Bath
3,074
Sq Ft
$209/Sq Ft
Est. Value
Highlights
- Cooling Available
- Ceramic Tile Flooring
- Heating System Uses Natural Gas
- Phoenix Coding Academy Rated A
About This Home
As of August 2013FULLY LEASED PROPERTY-All units are 2 bedroom and 1 bath. Property has laundry room with washer and dryer hoop up (no laundry equipment). Additional storage space for each unit.All units have total tile flooring with custom inlays. 3 of the 4 A/C units have been replaced within the last 3 years. Property has been managed by owner. No deferred maintenance. SOLID RENTAL HISTORY. Some tenants have been residence for over 2 years. INFORMATION PROVIDED IS DEEMED RELIABLE BUT BUYER IS ADVISED TO VERIFY ALL INFORMATION AND MATERIAL FACTS.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $937
Year Built
- Built in 1981
Lot Details
- 0.27
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Flooring
- Ceramic Tile Flooring
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
Schools
- Creighton Elementary School
- Excelencia Middle School
- Camelback High School
Utilities
- Cooling Available
- Heating System Uses Natural Gas
Listing and Financial Details
- Tenant pays for electricity
- The owner pays for trash collection, water
- Tax Lot 43
- Assessor Parcel Number 117-06-046-B
Community Details
Overview
- 4 Units
- Building Dimensions are 11617
- Greenfield Acres Tract 2 Subdivision
Building Details
- Gross Income $24,000
- Net Operating Income $11,903
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 8, 2013
Closed on
Aug 28, 2013
Sold by
Bakken Brett and Bakken Giovanna
Bought by
Desert Sunshine 4 Llc
Seller's Agent
Lester Cox
Real Broker
Buyer's Agent
Terry Kass
Coldwell Banker Commercial Realty
List Price
$175,000
Sold Price
$165,000
Premium/Discount to List
-$10,000
-5.71%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$478,324
Avg. Annual Appreciation
11.48%
Original Mortgage
$123,750
Outstanding Balance
$92,467
Interest Rate
4.51%
Mortgage Type
New Conventional
Estimated Equity
$550,857
Purchase Details
Listed on
Jul 8, 2013
Closed on
Aug 22, 2013
Sold by
Primemark Arizona Partners Iii Lp
Bought by
Bakken Brett and Bakken Giovanna
Seller's Agent
Lester Cox
Real Broker
Buyer's Agent
Terry Kass
Coldwell Banker Commercial Realty
List Price
$175,000
Sold Price
$165,000
Premium/Discount to List
-$10,000
-5.71%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Outstanding Balance
$92,467
Interest Rate
4.51%
Mortgage Type
New Conventional
Estimated Equity
$550,857
Purchase Details
Closed on
May 26, 2010
Sold by
Devers Paul and Devers Catherine
Bought by
Federal Home Loan Mortgage Corporation
Purchase Details
Closed on
Feb 27, 2007
Sold by
Knaubert Mara H
Bought by
Devers Paul and Devers Catherine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,566
Interest Rate
6.21%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Desert Sunshine 4 Llc | -- | None Available | |
| Bakken Brett | $165,000 | Fidelity National Title Agen | |
| Primemark Arizona Partners Iii Lp | -- | Fidelity National Title Agen | |
| Federal Home Loan Mortgage Corporation | $151,807 | Accommodation | |
| Devers Paul | $336,000 | American Title Service Agenc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bakken Brett | $123,750 | |
| Previous Owner | Devers Paul | $33,566 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/26/2013 08/26/13 | Sold | $165,000 | -5.7% | $54 / Sq Ft |
| 07/13/2013 07/13/13 | Pending | -- | -- | -- |
| 07/08/2013 07/08/13 | For Sale | $175,000 | -- | $57 / 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 | $1,675 | $12,400 | -- | -- |
| 2024 | $1,593 | $11,810 | -- | -- |
| 2023 | $1,593 | $53,400 | $10,680 | $42,720 |
| 2022 | $1,531 | $39,830 | $7,960 | $31,870 |
| 2021 | $1,568 | $30,280 | $6,050 | $24,230 |
| 2020 | $1,530 | $26,300 | $5,260 | $21,040 |
| 2019 | $1,519 | $22,260 | $4,450 | $17,810 |
| 2018 | $1,488 | $19,380 | $3,870 | $15,510 |
| 2017 | $1,431 | $17,500 | $3,500 | $14,000 |
| 2016 | $1,375 | $14,950 | $2,990 | $11,960 |
Source: Public Records
Agents Affiliated with this Home
-
Lester Cox
-
Keith Lasch
K
Seller Co-Listing Agent in 2013
Keith Lasch
Fathom Realty Elite
(480) 775-7700
-
Terry Kass
Buyer's Agent in 2013
Terry Kass
Coldwell Banker Commercial Realty
(602) 330-2525
1 in this area
21 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 4964146
APN: 117-06-046B
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
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