B
Seller's Agent in 2022
Bashir Hassan
HomeSmart Realty
(602) 230-7600
5 Total Sales
1844 E Sheridan St Phoenix, AZ 85006
--
Bed
--
Bath
1,815
Sq Ft
8,407
Sq Ft Lot
Highlights
- Cooling Available
- Ceramic Tile Flooring
- Heating System Uses Natural Gas
- Phoenix Coding Academy Rated A
About This Home
As of February 2022This 1958 block-constructed duplex has been completely rehabbed and consists of two, extra large (907sf), two-bedroom apartments. All units have new appliances, fixtures, ceramic tile floors, and paint. In addition, the exterior has been recently painted and landscaped with desert landscaping. All units are rented with long term leases. Great opportunity for an investor to buy a quality remodeled duplex in a good rental area.
Last Agent to Sell the Property
R.O.I. Properties License #BR503783000 Listed on: 04/02/2012
Last Buyer's Agent
Bashir Hassan
HomeSmart License #SA567618000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $925
Year Built
- Built in 1958
Home Design
- Composition Roof
- Block Exterior
Flooring
- Ceramic Tile Flooring
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
Utilities
- Cooling Available
- Heating System Uses Natural Gas
Listing and Financial Details
- Tenant pays for gas, electricity, cable TV
- The owner pays for trash collection, water, sewer
- Tax Lot 40
- Assessor Parcel Number 117-06-043-P
Community Details
Overview
- 2 Units
- Building Dimensions are 8400
Building Details
- Operating Expense $5,065
- Gross Income $11,426
- Net Operating Income $6,361
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 15, 2022
Sold by
Ysleta Investments Llc
Bought by
1844 E Sheridan Llc
Current Estimated Value
Purchase Details
Listed on
Nov 8, 2021
Closed on
Feb 11, 2022
Sold by
Lulu Trust
Bought by
Ysleta Investments Llc
Seller's Agent
Bashir Hassan
HomeSmart Realty
Buyer's Agent
Linda Gerchick
Gerchick Real Estate
List Price
$520,000
Sold Price
$420,000
Premium/Discount to List
-$100,000
-19.23%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.74%
Original Mortgage
$562,500
Interest Rate
3.55%
Mortgage Type
Construction
Purchase Details
Closed on
May 15, 2019
Sold by
Ahmed Guled Mohamud and Yussuf Malkia N
Bought by
Lulu Trust
Purchase Details
Listed on
Apr 2, 2012
Closed on
Jun 21, 2012
Sold by
Entrepreneur Opportunity Fund I Lp
Bought by
Ahmed Guled Mohamud and Yussuf Malka N
Seller's Agent
Terry Kass
R.O.I. Properties
Buyer's Agent
Bashir Hassan
HomeSmart
List Price
$89,900
Sold Price
$85,000
Premium/Discount to List
-$4,900
-5.45%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.20%
Original Mortgage
$63,750
Interest Rate
3.77%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 17, 2010
Sold by
Wasta Llc
Bought by
Entrepreneur Opportunity Fund 1 Lp
Purchase Details
Closed on
Jul 14, 2010
Sold by
Hsbc Bank Usa National Association
Bought by
Wasta Llc
Purchase Details
Closed on
Jan 22, 2010
Sold by
Carrillo Margarita
Bought by
Hsbc Bank Usa National Association
Purchase Details
Closed on
Mar 12, 2007
Sold by
Cota Margarita
Bought by
Cota Margarita and Baltazar Jose Jesus
Purchase Details
Closed on
Mar 29, 2006
Sold by
Loera Jesus M and Loera Domitila T
Bought by
Carrillo Margarita
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
9.5%
Mortgage Type
New Conventional
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | -- | -- | |
| Warranty Deed | $420,000 | New Title Company Name | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $85,000 | Chicago Title Agency Inc | |
| Cash Sale Deed | $54,400 | American Title Service Agenc | |
| Cash Sale Deed | $36,900 | First American Title Ins Co | |
| Trustee Deed | $56,700 | First American Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $195,000 | Arizona Title Agency Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $562,500 | Construction | |
| Previous Owner | $98,500 | New Conventional | |
| Previous Owner | $63,750 | New Conventional | |
| Previous Owner | $156,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/15/2022 02/15/22 | Sold | $420,000 | -16.0% | $231 / Sq Ft |
| 02/02/2022 02/02/22 | Pending | -- | -- | -- |
| 12/07/2021 12/07/21 | Price Changed | $500,000 | -3.8% | $275 / Sq Ft |
| 11/08/2021 11/08/21 | For Sale | $520,000 | +511.8% | $287 / Sq Ft |
| 06/22/2012 06/22/12 | Sold | $85,000 | -5.5% | $47 / Sq Ft |
| 05/10/2012 05/10/12 | Pending | -- | -- | -- |
| 04/02/2012 04/02/12 | For Sale | $89,900 | -- | $50 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $986 | $7,585 | -- | -- |
| 2024 | $975 | $7,224 | -- | -- |
| 2023 | $975 | $33,300 | $6,660 | $26,640 |
| 2022 | $937 | $24,970 | $4,990 | $19,980 |
| 2021 | $959 | $19,700 | $3,940 | $15,760 |
| 2020 | $936 | $17,020 | $3,400 | $13,620 |
| 2019 | $929 | $14,380 | $2,870 | $11,510 |
| 2018 | $910 | $12,670 | $2,530 | $10,140 |
| 2017 | $875 | $10,980 | $2,190 | $8,790 |
| 2016 | $841 | $9,000 | $1,800 | $7,200 |
| 2015 | $783 | $7,630 | $1,520 | $6,110 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2022
Linda Gerchick
Gerchick Real Estate
(602) 688-9279
121 Total Sales
-
L
Buyer's Agent in 2022
Linda CCIM
Stephen Magee Int'l Properties
-
Seller's Agent in 2012
Terry Kass
R.O.I. Properties
(602) 330-2525
28 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 4740894
APN: 117-06-043P
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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