$147,500
SOLD SEP 21, 2012

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

7 Beds
4 Baths
-- Sq Ft
0.26 Acres

Recently Sold

2% Below List Price

81 Days on Market

Highlights

  • Painted or Stained Flooring
  • The Creighton Academy Rated 9+
  • Heat Pump System

About This Home

As of December 2016

NOT A SHORT SALE OR REO!!! QUICK RESPONSE FROM THE SELLER. INCREDIBLE PRICE ON THIS WONDERFUL INCOME PROPERTY!!! POSITIVE CASH FLOW,SOLID TENANTS. TENANTS PAY FOR ELECTRICITY AND GAS. 100% OCCUPIED . ALL UNITS RENTED WITH LONG TERM LEASE. NEW PAINT INTERIOR AND EXTERIOR.SOME NEW A/C UNIT, NEW CABINET, NEW DOORS AND WINDOWS, NEW PLUMPING AND ELECTRICAL FIXTURES AND MUCH MORE. THIS IS AN INVESTMENT DRAM, DON'T MISS THIS ONE. NO SIGN ON THE PROPERTY,DO NOT DISTURB TENANTS!!!

Last Agent to Sell the Property

Sunny Rostami

Expert Realty LLC License #SA573914000 Listed on: 06/08/2012

Last Buyer's Agent

Dave Liniger

HomeSmart License #SA626691000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,985

Year Built

  • Built in 1962

Parking

  • Over 1 Space Per Unit

Home Design

  • Composition Shingle Roof
  • Block Exterior
  • Stucco

Flooring

  • Painted or Stained Flooring
  • Ceramic Tile

Schools

  • Creighton Elementary School
  • Phoenix Prep Academy High School

Additional Features

  • Oven or Range
  • Heat Pump System

Community Details

  • $996 per year Dock Fee
  • 4 Units

Listing and Financial Details

  • Tenant pays for cable TV, electric, gas, landscaping
  • The owner pays for sewer, trash collection, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,985

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Tax Municipality: Phoenix
  • Appliances Included: BI Oven/Range, Refrigerator
  • Construction Finish: Painted, Stucco
  • Cross Street: 24TH ST & MCDOWELL RD
  • Floors: Ceramic Tile
  • Legal Info Lot Number: 26
  • Roads Streets: Asphalt
  • Property Type: F
  • Hndrd Blk Directionl: E
  • Hundred Block: 2600
  • Legal Description Abbrev: Sunset Acres
  • Ownership: Fee Simple
  • Uncvrd Parking Spcs: 12.00
  • Map Code Grid: Q35
  • Year Built: 1962
  • Tax Year: 2011
  • Directions: EAST ON MCDOWELL RD, TAKE 3RD LEFT ONTO 26TH PL. PROPERTY ON THE LEFT.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Unfurnished

Exterior Features

  • Exterior Amenities: Patio/Balcony
  • Roofing: Comp Shingle
  • Construction: Block

Garage/Parking

  • Parking: >1 Space Per Unit
  • Total Parking Spaces: 11546.00
  • Covered Parking Spaces: 11534.00

Utilities

  • Water: City Franchise
  • Electric: APS
  • Gas: SW Gas
  • Cooling: Heat Pump
  • Heating: Electric

Condo/Co-op/Association

  • Community Amenities: No Pool

Schools

  • Elementary School: Creighton Elementary School
  • High School: Phoenix Prep Academy
  • Elementary School: Creighton Elementary School
  • High School: Phoenix Prep Academy

Multi Family

  • Income And Expenses Adjusted Gross Inc: 20400.00
  • Income And Expenses Annual Water Sewer Exp: 2700.00
  • Income And Expenses Gross Annual Sch Inc: 20400.00
  • Income And Expenses Net Operating Income: 17700.00
  • Income And Expenses Operating Exp: 3696.00
  • Number Of One Bedroom Units: 1
  • Number Of Two Bedroom Units: 3
  • One Bedroom Units Avg Rent: 500.00
  • One Bedroom Units Baths: 1
  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Cable TV, Electric, Gas, Landscaping
  • Total Numberof Buildings: 2
  • Total Numberof Units: 4.00
  • Two Bedroom Units Avg Rent: 550.00
  • Two Bedroom Units Baths: 1

Tax Info

  • Taxes: 996.00

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
Current Estimated Value
$566,373

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
10.15%

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 Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Cash Sale Deed $251,000 American Title Svc Agency Ll
Cash Sale Deed $147,500 Empire West Title Agency
Cash Sale Deed $42,500 First American Title Ins Co
Trustee Deed $107,607 Accommodation
Warranty Deed $175,000 Guaranty Title Agency
Interfamily Deed Transfer -- Ati Title Agency
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Ati Title Agency
Interfamily Deed Transfer -- Ati Title Agency
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $106,250 Purchase Money Mortgage
Previous Owner $21,500 No Value Available
Previous Owner $84,000 No Value Available
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: 4771622

Arizona Regional Multiple Listing Service (ARMLS)

APN: 120-29-038