NOT LISTED FOR SALE

1850 N 51st St Phoenix, AZ 85008

Camelback East Village Neighborhood
-- Bed
2 Baths
1,936 Sq Ft
0.53 Acres

Last Sold November 20, 2017

Last sale price $200,000 $103 Per Sq Ft

271 Days on Market

Highlights

  • Evaporated cooling system
  • Ceramic Tile Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of November 2017

Multifamily development opportunity located in the East Phoenix submarket between North Tempe and North Central Phoenix. This area has experienced tremendous development, reinvestment and asset repositioning activity by multifamily investors. Property is currently zoned for multifamily use. Construction on a 50+ town-home development is underway on an adjoining lot. The timing is perfect!

Last Agent to Sell the Property

Royce Munroe

Munroe Multifamily License #BR512795000 Listed on: 02/13/2017

Munroe Multifamily

Last Buyer's Agent

Tanya Gonzalez

Jason Mitchell Real Estate License #SA657547000

Jason Mitchell Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,460

Year Built

  • Built in 1945

Lot Details

  • Additional Parcels

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Concrete
  • Ceramic Tile
  • Vinyl

Parking

  • 5 Open Parking Spaces
  • 7 Parking Spaces
  • 2 Covered Spaces
  • Common or Shared Parking

Utilities

  • Evaporated cooling system
  • Cooling System Mounted To A Wall/Window
  • Heating Available

Listing and Financial Details

  • Tenant pays for trash collection, gas, electricity, water, sewer, cable TV, landscaping
  • Tax Lot 1
  • Assessor Parcel Number 126-20-050-A

Community Details

Overview

  • 2 Units
  • Building Dimensions are 115 X 235
  • Orangedale Estates Subdivision

Building Details

  • Net Operating Income $12,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,460

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Cross Street: 52nd St and Thomas
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: res or commerci
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1945
  • Tax Year: 2016
  • Road Surface Type: Gravel, Dirt, Asphalt
  • Subdivision Name: Orangedale Estates
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl, Concrete
  • Appliances: Other (See Remarks)
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 7.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 7.0
  • Parking:Carport: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric, Evaporative Cooling, Wall/Window Unit(s)
  • Heating: Other, See Remarks, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Individual Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Interior Amenities:Other (See Remarks)51: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes

Lot Info

  • Lot Size: 115 X 235
  • Additional Parcels: Yes
  • Parcel #: 126-20-050-A

Multi Family

  • Owner Pays: None
  • Tenant Pays: Trash Collection, Gas, Electricity, Water, Sewer, Cable TV, Landscaping
  • Number Of Units Total: 2
  • Property Net Operating Income: 12300.0

Tax Info

  • Tax Annual Amount: 2460.0
  • Tax Book Number: 126.00
  • Tax Lot: 1
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/20/2017 11/20/17 Sold $200,000 -7.0% $103 / Sq Ft
11/11/2017 11/11/17 Pending -- -- --
09/19/2017 09/19/17 Price Changed $215,000 -8.5% $111 / Sq Ft
08/07/2017 08/07/17 Price Changed $235,000 -11.3% $121 / Sq Ft
05/22/2017 05/22/17 Price Changed $265,000 -10.2% $137 / Sq Ft
04/25/2017 04/25/17 Price Changed $295,000 +87959.7% $152 / Sq Ft
02/13/2017 02/13/17 For Sale $335 -99.8% $0 / Sq Ft
06/28/2016 06/28/16 Sold $167,000 -1.8% $86 / Sq Ft View Prior Sale
05/27/2016 05/27/16 Price Changed $169,995 0.0% $88 / Sq Ft
04/07/2016 04/07/16 Pending -- -- --
05/06/2014 05/06/14 For Sale $169,995 -- $88 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $30,035 $235,352 -- --
2024 $4,016 $224,145 -- --
2023 $4,016 $73,095 $73,095 $0
2022 $3,872 $53,025 $53,025 $0
2021 $3,044 $28,120 $5,620 $22,500
2020 $2,988 $26,120 $5,220 $20,900
2019 $2,977 $29,410 $5,880 $23,530
2017 $2,514 $20,870 $4,170 $16,700
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    Royce Munroe

    Munroe Multifamily

    (480) 221-5449

    6 in this area

    31 Total Sales

    Royce Munroe
    Section Image
  • Tanya Gonzalez

    Buyer's Agent in 2017

    Tanya Gonzalez

    Jason Mitchell Real Estate

    (623) 217-6910

    1 in this area

    32 Total Sales

    Tanya Gonzalez
    Section Image

  • D

    Seller's Agent in 2016

    Debra Gates

    Realty One Scottsdale LLC

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5560793

Arizona Regional Multiple Listing Service (ARMLS)

APN: 126-20-050A

Arizona Maricopa County Phoenix 85008 Camelback East Village

1850 N 51st St, Phoenix, AZ

Not Listed for Sale

MultiFamily

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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