NOT LISTED FOR SALE

1815 E Sheridan St Phoenix, AZ 85006

Central City Neighborhood

Estimated Value: $637,716

Studio
-- Baths
3,074 Sq Ft
$207/Sq Ft Est. Value

Sale Details

Date Sold: August 26, 2013

Last sale price $165,000 $54 Per Sq Ft

Est. 286% increase in value since last sale

Current estimated payment $3,675 / mo

5 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Phoenix Coding Academy Rated A
  • Heating System Uses Natural Gas

About This Home

As of August 2013

FULLY 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.

Last Agent to Sell the Property

Lester Cox

Real Broker License #BR003967000 Listed on: 07/08/2013

Real Broker

Co-Listed By

Keith Lasch

Fathom Realty Elite License #SA535059000

Last Buyer's Agent

Terry Kass

Coldwell Banker Commercial Realty License #BR503783000

Coldwell Banker Commercial Realty
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

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $937

Year Built

  • Built in 1981

Lot Details

  • 2.67

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$937

Year Built

Built in 1981

Lot Details

2.67 Acres

Listing Details

  • Cross Street: 16th Street & Thomas
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: M-M Multi Famil
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1981
  • Tax Year: 2012
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: azcd03
  • Co List Office Phone: 480-775-7700
  • Subdivision Name: Greenfield Acres Tract 2
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Other (See Remarks)
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes

Fee Information

  • Annual Water Sewer Expense: 4192.0

Schools

  • Elementary School: Creighton Elementary School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Excelencia School

Lot Info

  • Lot Size: 11617
  • Additional Parcels: No
  • Parcel #: 117-06-046-B

Multi Family

  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Annual Gross Income: 24000.0
  • Insurance Expense: 350.0
  • Maintenance Expense: 6620.0
  • Property Net Operating Income: 11903.0

Tax Info

  • Tax Annual Amount: 937.0
  • Tax Book Number: 117.00
  • Tax Lot: 43

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
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
$637,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$472,716
Avg. Annual Appreciation
10.90%
Original Mortgage
$123,750
Outstanding Balance
$89,617
Interest Rate
4.51%
Mortgage Type
New Conventional
Estimated Equity
$548,099

Purchase Details

Listed on
Jul 8, 2013
Closed on
Aug 22, 2013
Sold by
Slavitt Wayne
Bought by
Primemark Arizona Partners Iii Lp
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
$89,617
Interest Rate
4.51%
Mortgage Type
New Conventional
Estimated Equity
$548,099

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
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Central City, AZ

  • Olga Boyke Real Estate Agent - eXp Realty

    Olga Boyke

    eXp Realty

    (623) 404-8475

    54 Total Sales

    1 in Central City

    $365,000 Price

    Olga Boyke
     Section Image
  • Megan Faber Real Estate Agent - Real Broker

    Megan Faber

    Real Broker

    (623) 323-5384

    107 Total Sales

    1 in Central City

    $800,000 Price

    Megan Faber
     Section Image
  • Daren Freeman Real Estate Agent - Compass

    Daren Freeman

    Compass

    (623) 246-4270

    61 Total Sales

    1 in Central City

    $413,000 Price

    Daren Freeman
     Section Image
  • Skyler Keyser Real Estate Agent - The Agency

    Skyler Keyser

    Responds Quickly

    The Agency

    (623) 777-2928

    126 Total Sales

    1 in Central City

    $499,000 Price

    Skyler Keyser
     Section Image
  • Stephen Liby Real Estate Agent - HomeSmart

    Stephen Liby

    HomeSmart

    (623) 254-1098

    32 Total Sales

    1 in Central City

    $470,000 Price

    Stephen Liby
     Section Image
  • Monica Moreno Real Estate Agent - HomeSmart

    Monica Moreno

    HomeSmart

    (623) 323-3655

    103 Total Sales

    1 in Central City

    $405,000 Price

    Monica Moreno
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
Primemark Arizona Partners Iii Lp -- Fidelity National Title Agen
Bakken Brett $165,000 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $123,750
Previous Owner Devers Paul $33,566
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2015 $1,279 $12,720 $2,540 $10,180
Source: Public Records

Agents Affiliated with this Home

  • Lester Cox Real Estate Agent - Real Broker

    Seller's Agent in 2013

    Lester Cox

    Real Broker

    (480) 726-0400

    12 Total Sales

    Lester Cox
    Section Image

  • KL

    Seller Co-Listing Agent in 2013

    Keith Lasch

    Fathom Realty Elite

    (480) 775-7700

    Keith Lasch
    Section Image
  • Terry Kass Real Estate Agent - Coldwell Banker Commercial Realty

    Buyer's Agent in 2013

    Terry Kass

    Coldwell Banker Commercial Realty

    (602) 330-2525

    20 Total Sales

    Terry Kass
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4964146

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-06-046B

Arizona Maricopa County Phoenix 85006 Central City

1815 E Sheridan St, Phoenix, AZ

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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.