NOT LISTED FOR SALE

1826 W Cholla St Phoenix, AZ 85029

North Mountain Village Neighborhood

Estimated Value: $320,000 - $1,295,453

-- Bed
6 Baths
-- Sq Ft
1.1 Acres

Last Sold March 28, 2019

Last sale price $315,000

Est. 167% increase in value since last sale

Current estimated payment $4,732/month

39 Days on Market

Highlights

  • Cooling Available
  • Sunnyslope High School Rated A
  • Heating Available

About This Home

As of March 2019

Value Add Multi Family Opportunity! 6 units on over an acre. There is (1) 3BD/1BA house, (2) 1BD/1BA units and (3) 2BD/1BA units. Possibility to add more units or tear down and maximize the density. Tons of parking. Current occupant has a life estate.

Last Agent to Sell the Property

Patrick O'Sullivan

Get Multifamily License #BR634211000 Listed on: 12/18/2018

Last Buyer's Agent

Lynda Rahi

Distinctive Real Estate Ventur License #BR509702000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,809

Year Built

  • Built in 1950

Lot Details

  • 1.1

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Schools

  • Washington Elementary School - Phoenix
  • Shaw Butte Middle School
  • Glendale High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 8
  • Assessor Parcel Number 159-06-016

Community Details

Overview

  • 3 Buildings
  • 6 Units
  • Building Dimensions are 50960
  • Shaw Butte Lots 25,26,29,30 Subdivision

Building Details

  • Operating Expense $1,809

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,809

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Cross Street: 19th Ave and Peoria
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 3
  • Year Built: 1950
  • Tax Year: 2017
  • Directions: North on 19th Ave, East (Right) on Cholla to property.
  • Road Surface Type: Asphalt
  • Subdivision Name: SHAW BUTTE LOTS 25,26,29,30
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances Included:None38: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Other4: Yes
  • Heating:See Remarks3: Yes

Condo/Co-op/Association

  • Community Features: No Pool
  • Amenities: None

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • Elementary School: Washington Elementary School - Phoenix
  • High School: Glendale High School
  • Middle Or Junior School: Shaw Butte School

Lot Info

  • Lot Size: 50960
  • Additional Parcels: No
  • Parcel #: 159-06-016

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 6
  • Annual Operating Expense: 1809.0

Tax Info

  • Tax Annual Amount: 1809.0
  • Tax Book Number: 159.00
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2018
Closed on
Mar 12, 2019
Sold by
Psr Industries Llc
Bought by
Duromax Llc
Seller's Agent
Patrick O'Sullivan
Get Multifamily
Buyer's Agent
Lynda Rahi
Distinctive Real Estate Ventur
List Price
$315,000
Sold Price
$315,000
Current Estimated Value
$840,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$525,818
Avg. Annual Appreciation
16.22%
Original Mortgage
$260,000
Outstanding Balance
$228,584
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$612,234

Purchase Details

Closed on
Dec 21, 2016
Sold by
Twp Property & Investments Llc
Bought by
Psr Industries Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 18, 2016
Sold by
Swann Valerie Colleen
Bought by
Twp Property & Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
3.72%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Duromax Llc $315,000 Pioneer Title Agency Inc
Psr Industries Llc $180,000 American Title Svc Agency
Twp Property & Investments Llc $20,000 American Title Svc Agency Ll
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duromax Llc $260,000
Previous Owner Psr Industries Llc $130,000
Previous Owner Twp Property & Investments Llc $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2019 03/28/19 Sold $315,000 0.0% --
01/26/2019 01/26/19 Pending -- -- --
12/18/2018 12/18/18 For Sale $315,000 -- --
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 $3,078 $25,166 -- --
2024 $3,022 $23,968 -- --
2023 $3,022 $77,110 $15,420 $61,690
2022 $2,923 $44,160 $8,830 $35,330
2021 $2,961 $37,650 $7,530 $30,120
2020 $2,887 $35,230 $7,040 $28,190
2019 $2,834 $29,670 $5,930 $23,740
2017 $1,809 $19,865 $3,765 $16,100
Source: Public Records

Agents Affiliated with this Home

  • Patrick O'Sullivan

    Seller's Agent in 2019

    Patrick O'Sullivan

    Get Multifamily

    (602) 842-5050

    3 in this area

    29 Total Sales

    Patrick O'Sullivan
    Section Image
  • Lynda Rahi

    Buyer's Agent in 2019

    Lynda Rahi

    Distinctive Real Estate Ventur

    (623) 221-3402

    17 Total Sales

    Lynda Rahi
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5858599

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-06-016A

Arizona Maricopa County Phoenix 85029 North Mountain Village

1826 W Cholla St, Phoenix, AZ

This home is located at 1826 W Cholla St, Phoenix, AZ 85029 since 18 December 2018 and is currently estimated at $840,818. This property was built in 1950. 1826 W Cholla St is a home located in Maricopa County with nearby schools including Shaw Butte School, Royal Palm Middle School, and Sunnyslope 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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