$343,000
SOLD AUG 6, 2020

1858 E Avalon Dr Phoenix, AZ 85016

-- Bed
-- Bath
1,750 Sq Ft
6,229 Sq Ft Lot

Recently Sold

$196 Per Sq Ft

2% Below List Price

93 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Heating System Uses Natural Gas

About This Home

As of August 2020

Great Investment Rental on a Corner Lot, Painted BrickBlock Duplex Near Phoenix Children's Hospital. Easy to rent, low turnover and room to bump up rents to market rent. Individually metered for Electric and Gas, tile in all the right places, Shared Laundry on site, Individual Patios for each unit, Roof Replaced in 2012 and New AC in Unit 1860 February 2020. Live in one side and rent the other. Great Location near freeways, shopping, hospitals and restaurants. Buyer and Buyer's agent to verify all facts and figures to their satisfaction.

Last Agent to Sell the Property

George Akers

Better Homes & Gardens Real Estate SJ Fowler License #SA533875000 Listed on: 03/27/2020

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

Jamison Briley

Real Estate Brokers of Arizona License #BR652355000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,320

Year Built

  • Built in 1947

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Parking

  • 1 Open Parking Space
  • 3 Parking Spaces
  • 2 Covered Spaces
  • Common or Shared Parking

Schools

  • Creighton Elementary School
  • Camelback High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for cable TV, landscaping
  • The owner pays for trash collection, water, sewer
  • Tax Lot 49
  • Assessor Parcel Number 119-25-049

Community Details

Overview

  • 2 Units
  • Building Dimensions are 6212
  • Urbandale Subdivision

Building Details

  • Operating Expense $6,942
  • Gross Income $18,000
  • Net Operating Income $11,058

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,320

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Cross Street: 18th st and Thomas
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-6
  • Number Of Buildings: 1
  • Year Built: 1947
  • Tax Year: 2019
  • Directions: From Thomas go North on 18th St., East on Pinchot Ave, North on 18th PL and East on Avalon to property at corner of 19th St and Avalon.
  • Road Surface Type: Dedicated Street
  • Professional Management Expense: 1440.0
  • Subdivision Name: URBANDALE
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WasherDryer: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 1.0
  • Total Parking Spaces: 3.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 1.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking:Carport: Yes
  • Parking:Street Parking: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Fee Information

  • Annual Water Sewer Expense: 2160.0

Schools

  • Elementary School: Creighton Elementary School
  • High School: Camelback High School
  • Middle Or Junior School: Creighton Elementary School

Lot Info

  • Lot Size: 6212
  • Additional Parcels: No
  • Parcel #: 119-25-049

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV, Landscaping
  • Number Of Units Total: 2
  • Annual Gross Income: 18000.0
  • Insurance Expense: 1302.0
  • Property Net Operating Income: 11058.0
  • Annual Operating Expense: 6942.0

Tax Info

  • Tax Annual Amount: 1320.0
  • Tax Book Number: 119.00
  • Tax Lot: 49

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2020
Closed on
Aug 1, 2020
Sold by
Adrowe Llc
Bought by
Standage Benjamin
Seller's Agent
George Akers
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Jamison Briley
Real Estate Brokers of Arizona
List Price
$350,000
Sold Price
$343,000
Premium/Discount to List
-$7,000
-2%
Current Estimated Value
$492,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,541
Avg. Annual Appreciation
7.62%
Original Mortgage
$336,787
Outstanding Balance
$302,604
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$192,161

Purchase Details

Listed on
Feb 3, 2013
Closed on
Aug 5, 2013
Sold by
Watts Marlowe and Quezada Adrian
Bought by
Adrowe Llc
Seller's Agent
Peggy Mcnichols
HomeSmart
Buyer's Agent
George Akers
Better Homes & Gardens Real Estate SJ Fowler
List Price
$158,900
Sold Price
$139,900
Premium/Discount to List
-$19,000
-11.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.67%
Original Mortgage
$104,925
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 3, 2013
Closed on
Aug 1, 2013
Sold by
1860 Avalon Llc
Bought by
Watts Marlowe and Quezada Adrian
Seller's Agent
Peggy Mcnichols
HomeSmart
Buyer's Agent
George Akers
Better Homes & Gardens Real Estate SJ Fowler
List Price
$158,900
Sold Price
$139,900
Premium/Discount to List
-$19,000
-11.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,925
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2010
Sold by
Fryd David
Bought by
1860 Avalon Llc

Purchase Details

Closed on
Jul 21, 2008
Sold by
Hsbc Bank Usa National Association
Bought by
Fryd David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,350
Interest Rate
5.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2007
Sold by
Romero Renee S
Bought by
Hsbc Bank Usa Na and Deutsche Alt-A Securities Mortgage Loan

Purchase Details

Closed on
Oct 12, 2007
Sold by
Pina Roman
Bought by
Romero Rene

Purchase Details

Closed on
Apr 2, 2007
Sold by
Romero Rene
Bought by
Pina Roman

Purchase Details

Closed on
Mar 23, 2006
Sold by
Gesen Virginia A
Bought by
Romero Rene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
7.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 14, 2006
Sold by
Corbett Thomas
Bought by
Gesen Virginia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
7.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 8, 2006
Sold by
Corbett Mark
Bought by
Gesen Virginia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
7.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 1, 2006
Sold by
Denuit Michelle
Bought by
Gesen Virginia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
7.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 7, 2004
Sold by
Gesen Virginia A
Bought by
Gesen Virginia A and Corbett Mark

Purchase Details

Closed on
May 11, 2001
Sold by
Gesen Virginia A
Bought by
Gesen Virginia A and Gesen Thomas E

Purchase Details

Closed on
Apr 9, 1996
Sold by
Gesen Thomas E
Bought by
Gesen Virginia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,400
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Warranty Deed $343,000 Old Republic Title Agency
Warranty Deed -- None Available
Warranty Deed $139,900 First Arizona Title Agency
Warranty Deed -- None Available
Special Warranty Deed $112,500 Great American Title Agency
Trustee Deed $178,865 None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed $210,000 Transnation Title Ins Co
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $336,787 FHA
Previous Owner $104,925 New Conventional
Previous Owner $84,350 New Conventional
Previous Owner $168,000 Adjustable Rate Mortgage/ARM
Previous Owner $102,400 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2020 08/06/20 Sold $343,000 -2.0% $196 / Sq Ft
06/27/2020 06/27/20 Pending -- -- --
03/26/2020 03/26/20 For Sale $350,000 +150.2% $200 / Sq Ft
08/07/2013 08/07/13 Sold $139,900 -12.0% $80 / Sq Ft
06/26/2013 06/26/13 Pending -- -- --
02/03/2013 02/03/13 For Sale $158,900 -- $91 / Sq Ft
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 $1,400 $10,771 -- --
2024 $1,384 $10,258 -- --
2023 $1,384 $37,270 $7,450 $29,820
2022 $1,330 $29,150 $5,830 $23,320
2021 $1,362 $25,250 $5,050 $20,200
2020 $1,329 $20,930 $4,180 $16,750
2019 $1,320 $18,560 $3,710 $14,850
2018 $1,293 $14,710 $2,940 $11,770
2017 $1,243 $13,480 $2,690 $10,790
2016 $1,195 $10,020 $2,000 $8,020
2015 $1,111 $9,230 $1,840 $7,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6056965

Arizona Regional Multiple Listing Service (ARMLS)

APN: 119-25-049