NOT LISTED FOR SALE

1828 N 26th Place Unit 5-8 Phoenix, AZ 85008

Estimated Value: $505,000 - $617,000

8 Beds
4 Baths
-- Sq Ft
0.27 Acres

Last Sold December 28, 2016

Last sale price $251,000

Est. 130% increase in value since last sale

Current estimated payment $3,364/month

19 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System
  • The Creighton Academy Rated 9+

About This Home

As of December 2016

Great Investment Property! Owner has taken great care of the property. 100% Occupied! A new sewer drain line was installed in the summer of 2016 this consist of new pvc sewer line from each building with its own clean out from each apt running through the parking lot and new line to main city drain system using all proper permits from city of Phoenix engineers
All 8 units have been insulated in the attic 2 new water heater was installed in the past year Apt 5,6,7, & 8 have new roof along with new shingles's apt 1,2,3, & 4 roofs have been resealed are in great shape. Upgraded electrical boxes were installed to disconnects instead of fuses Tenant is responsible for electricity and gas.
NO SIGN ON PROPERTY, DO NOT DISTURB TENANTS! DRIVE BY ONLY!!! THIS PROPERTY MUST BE SOLD WITH 1826

Last Agent to Sell the Property

Kim Panozzo

HomeSmart License #SA538315000 Listed on: 11/15/2016

HomeSmart

Co-Listed By

David Panozzo

HomeSmart License #SA664216000

Last Buyer's Agent

Long Nguyen

DeLex Realty License #SA653680000

DeLex Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,694

Year Built

  • Built in 1962

Lot Details

  • 0.27

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Schools

  • Creighton Elementary School
  • Phoenix Prep Academy High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV, landscaping
  • The owner pays for trash collection, water, sewer
  • Tax Lot 26
  • Assessor Parcel Number 120-29-038

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 11534
  • Sunset Acres Subdivision

Building Details

  • Operating Expense $13,387
  • Gross Income $25,273

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,694

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Cross Street: 24TH ST & MCDOWELL RD
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: MULTI DWELLING
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1962
  • Tax Year: 2016
  • Directions: East on McDowell Rd, take 3rd left onto 26th Pl. Property on the left.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: cril01
  • Co List Office Phone: 602-230-7600
  • Subdivision Name: SUNSET ACRES
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: BI Oven/Range
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Heat Pump
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Creighton Elementary School
  • High School: Phoenix Prep Academy
  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 11534
  • Additional Parcels: No
  • Parcel #: 120-29-038

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Gas, Electricity, Cable TV, Landscaping
  • Number Of Units Total: 4
  • Annual Gross Income: 25273.02
  • Annual Operating Expense: 13386.66

Tax Info

  • Tax Annual Amount: 1694.0
  • Tax Book Number: 120.00
  • Tax Lot: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2017
Sold by
Troska Heinz G
Bought by
Troska Heinz G and Troska Living Trust
Total Days on Market
19
Current Estimated Value
$576,480

Purchase Details

Listed on
Nov 15, 2016
Closed on
Dec 10, 2016
Sold by
L & Cs Rental Properties Llc
Bought by
Troska Heinz G
Seller's Agent
Kim Panozzo
HomeSmart
Buyer's Agent
Long Nguyen
DeLex Realty
List Price
$264,500
Sold Price
$251,000
Premium/Discount to List
-$13,500
-5.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.28%

Purchase Details

Listed on
Jun 8, 2012
Closed on
Sep 28, 2012
Sold by
Sps Conastruction Llc
Bought by
L & Cs Rentalproperties Llc
Seller's Agent
Sunny Rostami
Expert Realty LLC
Buyer's Agent
Dave Liniger
HomeSmart
List Price
$149,900
Sold Price
$147,500
Premium/Discount to List
-$2,400
-1.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.26%

Purchase Details

Closed on
Oct 24, 2011
Sold by
Federal National Mortgage Association
Bought by
Kjs Home Llc

Purchase Details

Closed on
Dec 1, 2010
Sold by
Delgado Martin and Delgado Silvia
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Apr 6, 2005
Sold by
Stumme Clifford R
Bought by
Delgado Martin and Delgado Silvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,250
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 11, 2001
Sold by
Stumme Clifford R and Stumme Joyce M
Bought by
Stumme Clifford R and Stumme Joyce M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,500
Interest Rate
7.54%

Purchase Details

Closed on
Mar 29, 1999
Sold by
Stumme Clifford R and Stumme Joyce M
Bought by
Stumme Clifford R and Stumme Joyce M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
6.79%

Purchase Details

Closed on
Aug 30, 1996
Sold by
Stumme Clifford R and Stumme Joyce M
Bought by
Stumme Clifford R and Stumme Joyce M
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
Troska Heinz G -- None Available
Troska Heinz G $251,000 American Title Svc Agency Ll
L & Cs Rentalproperties Llc $147,500 Empire West Title Agency
Kjs Home Llc $42,500 First American Title Ins Co
Fannie Mae $107,607 Accommodation
Delgado Martin $175,000 Guaranty Title Agency
Stumme Clifford R -- Ati Title Agency
Stumme Clifford R -- --
Stumme Clifford R -- Ati Title Agency
Stumme Clifford R -- Ati Title Agency
Stumme Clifford R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Delgado Martin $106,250
Previous Owner Stumme Clifford R $21,500
Previous Owner Stumme Clifford R $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2016 12/28/16 Sold $251,000 -5.1% --
12/04/2016 12/04/16 Pending -- -- --
11/15/2016 11/15/16 For Sale $264,500 +79.3% --
09/21/2012 09/21/12 Sold $147,500 -1.6% --
08/28/2012 08/28/12 Pending -- -- --
06/08/2012 06/08/12 For Sale $149,900 -- --
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 $1,985 $15,272 -- --
2024 $1,963 $14,545 -- --
2023 $1,963 $46,200 $9,240 $36,960
2022 $1,886 $34,200 $6,840 $27,360
2021 $1,931 $28,980 $5,790 $23,190
2020 $1,884 $24,020 $4,800 $19,220
2019 $1,871 $19,970 $3,990 $15,980
2018 $1,833 $18,460 $3,690 $14,770
2017 $1,762 $16,110 $3,220 $12,890
2016 $1,694 $13,900 $2,780 $11,120
2015 $1,576 $12,350 $2,470 $9,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5526425

Arizona Regional Multiple Listing Service (ARMLS)

APN: 120-29-038